CBD Skincare Product Market Size to Surpass USD 8,039.4
New York, US, March 06, 2023 (GLOBE NEWSWIRE) -- CBD Skincare Product Market Overview
According to a Comprehensive Research Report by Market Research Future (MRFR), CBD Skincare Product Market Information By Product Type, Source, And Region - Forecast till 2030'; the market will reach USD 8,039.4 million by 2030 at a 5.5% CAGR.
Market Synopsis
Cannabidiol is a non-intoxicating substance that is often powdered from marijuana or hemp plants and utilized for a variety of skin care procedures. The cannabidiol (CBD)-infused cosmetics and personal care items have a variety of positive skin-soothing, calming, anti-anxiety, pain-relieving, moisturizing, antioxidant, and anti-inflammatory characteristics that help treat dry skin or some inflammatory skin problems. The e-commerce market will grow at the greatest CAGR throughout the projection period. To boost their product awareness among consumers, businesses have launched their items on internet sites and shopping applications, resulting in a rapid rise of e-commerce in the beauty and personal care sector. Due to its success in treating various skin conditions, cannabidiol skincare has become increasingly popular. The market expansion in the initial half of the projected timeframe is large to be credited for this transformation in growth rate. This is because more people are working worldwide, which has increased spending power and consumer awareness of the various products on the market and, consequently, is driving up sales of high-quality goods.
Since artificial personal care products include hazardous components, consumers choose greener products more frequently. Also, they improve a person's physiological and cognitive functioning and regulate mood, pain, and memory. They are also more effective in treating inflammation, anxiety, and sleeplessness. Increased literacy rates and the use of social media platforms are educating consumers about the advantages of goods like CBD skincare items, which include adding CBD oil to their daytime beverage, applying CBD oil topically for pain relief, ingesting CBD gummies topically for anxiety relief, and using CBD products to liven up their sex life. A growing understanding of the advantages of organic and natural components is causing a substantial shift in consumer preference for clean-label personal care products. Moreover, thanks to numerous social media platforms, customers are now better informed about the advantages of adopting natural components. Because natural skin care products provide the nutrients needed to enhance skin health, using them enhances skin texture, tone, and look.
Get Free Sample PDF Brochure @ https://www.marketresearchfuture.com/sample_request/8423
Report Scope:
Report Attribute | Details |
Market Size in 2030 | USD 8,039.4 million |
CAGR | 5.5% |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Historical Data | 2020 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | By Product Type, Source, And Region |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Market Drivers | Rise of Skin Conditions |
Impact of Social Media |
Market Competitive Landscape:
The important companies in the CBD skincare market are:
- Cannuka, LLC (U.S.)
- Elixinol Global Limited (Australia)
- Medical Marijuana Inc. (U.S.)
- Endoca BV (Netherlands)
- L'Oréal S.A. (France)
- Redwood Wellness, LLC (U.S.)
- Leef Organics (U.S.)
- Green Growth Brands (U.S.)
- The CBD Skincare Company (U.S.)
- Kana Skincare (U.S.)
- Vertly Hemp (U.S.)
- Myaderm (U.S.)
- Marijuana Company of America, Inc. (U.S.)
- CBD For Life LLC (U.S.)
- Cannuka, LLC (U.S.)
- Elixinol Global Limited (Australia)
- Medical Marijuana Inc. (U.S.)
- Endoca BV (Netherlands)
- sstée Lauder Companies (US)
Browse In-depth Market Research Report (128 Pages) on CBD Skincare Product:
https://www.marketresearchfuture.com/reports/cbd-skincare-products-market-8423
Market U.S.P. Covered:
Market Drivers:
Natural elements found in CBD products help to both restore damaged skin and slow down the aging process. However, as people become more aware of the negative impacts of using these goods, beauty, and skincare items containing synthetic components, including petroleum-based compounds, aluminum salts, phthalates, and aluminum salts, are dropping. Hence, the demand for goods with skin-lightening, anti-aging, and effective moisturizing capabilities is driven by awareness of the advantages of using organic or natural ingredients in grooming and cosmetic products. Increasingly more people are becoming aware of the advantages of cannabidiol and its therapeutic capabilities, which has led to a surge in the popularity of cannabidiol skin care products worldwide.
The necessity for the cannabidiol (CBD) skin care industry is also increased by the growing use of CBD skin care products since they have antioxidant characteristics that fight the effects of aging. Additionally, the growing number of technological developments aimed at reducing production costs combined with research and development activities aimed at environmentally friendly development to ensure the best and wisest use of resources create lucrative opportunities for market participants in the forecast period. In addition, the market value is increased by factors including the surge in public-private investment for focused research initiatives, fast urbanization, demographic changes, an abundance of disposable income, and rising innovative products and development due to global technology breakthroughs.
Market Restraints:
The expansion of the market as a whole is hampered by changes or unpredictability in the price of raw materials. The variable of raw substance availability in one place is another barrier to the growth of the cannabidiol skincare business.
Buy Now: https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=8423
COVID 19 Analysis
Due to the movement in consumer preference toward natural and eco-friendly cosmetics and personal care items during the COVID-19 outbreak, CBD skin care products saw an increase in demand on a global scale. Revenue of CBD-based cosmetics increased significantly year over year as a result of the COVID-19 outbreak. The pandemic also caused consumers to stockpile goods, which changed their shopping preferences in favor of online shopping sites. Increasing skin issues such as sensitivity, inflammation, acne, and dryness are anticipated to fuel demand for natural components in skincare products and increase the appeal of CBD-based products.
Market Segmentation
By source, the market includes hemp and marijuana. By product type, the market includes lotion & creams, masks & serums, baths & soaps, and oils.
Regional Insights
During the forecast period, North America garnered the biggest share. Due to a sizable client base and the legalization of cannabis in the U.S. and Canada, the interest in CBD skincare items from the North American area is anticipated to stay high. Furthermore, it is anticipated that the regulation and presence of well-known producers of beauty products will aid in the industry's expansion over the next years. Due to the legalization of the sale of cannabis-based goods in the U.S., it is also predicted that the availability of CBD skin care products derived from hemp will continue to generate a strong market for the CBD skincare market.
All of these indications point to growing demands for CBD skin care items in the nation, which is anticipated to support the business for CBD skin care in the area over the forecasting period. During the forecasted years, Asia-Pacific is anticipated to experience the quickest CAGR. Leading nations focusing on beauty, like Japan, South Korea, China, and India, are predicted to present prospects for market expansion in the next seven years. Even though cannabis is mainly outlawed throughout Asia, Asian beauty trends like J-beauty and K-beauty dominate the worldwide market, encouraging rivals to introduce new products.
Discover more research Reports on Consumer and Retail Industry, by Market Research Future:
Men's Personal Care Products Market Research Report: Information by Product Type (Skin Care, Hair Care, and Personal Grooming) Category (Organic, Conventional) Distribution Channel (Store-Based, Non-Store Based) by Region – Forecast till 2028
Organic Soaps Market Research Report: Information by Form (Liquid, Bar, Paper), Distribution Channel (Store-Based {Supermarkets & Hypermarkets, Convenience Stores, and Others} and Non-Store-Based), and Region (North America, Europe, Asia-Pacific, and Rest of the World) - Forecast till 2027
Facial Rollers Market Research Report: Information By Product Type (Smooth Stone Facial Rollers {Jade Rollers, Rose Quartz Rollers, Amethyst Rollers and Others}, Hexagonal Stone Face Rollers and Microneedle Facial Rollers), Distribution Channel (Store-Based [Supermarkets & Hypermarkets, Specialty Stores, Convenience Stores and Others] and Non-Store-Based) and Region (North America, Asia-Pacific, Europe and the Rest of the World) - Forecast till 2030
About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
Follow Us: LinkedIn | Twitter

TIN LIÊN QUAN
Polyphenol Market Worth USD 3.0 Billion by 2030, to grow at
Polyphenol Market Insights and Industry Analysis by Source (Fruits, Vegetables, Whole Grains, Beverages), Type (Flavonoids, Phenolic Acids, Stilbenes,...
Personal Floatation Devices Market
The paramount competitors covered in the global personal floatation devices market report include United Moulders Limited, Absolute Outdoor Inc., Marine...
Automotive Roof Racks Market Projected to Reach USD 2215.4
Automotive Roof Racks Market Research Report Information By Type (Roof Mount, Raise Grill, Gutter, Others) Material (Aluminum alloy, Composite plastic,...
Aerogel Market Size Worth USD 7.5 Billion by 2030 at 17%
Aerogel Market Insights and Industry Analysis by Type (Silica, Polymer, Carbon), by Form (Blanket, Panel, Particle, Monolith), by Processing (Virgin,...
With 13.58% CAGR, Dairy Alternatives Market to Hit USD
Companies covered in Dairy Alternatives Market are Danone S.A. (France), Archer-Daniels-Midland Company (U.S.), Blue Diamond Growers (U.S.), SunOpta, Inc....
Bioplastics Market Size to Surpass USD 6.48 Billion by
Bioplastics Market Insights and Industry Analysis by Type (Biodegradable, Non-Biodegradable), Application (Rigid Packaging, Flexible Packaging, Textile,...
Global Somatic Cancer Mutation Testing Market Size
Thermo Fisher Scientific, Inc., Illumina, Inc., Invitae Corporation, F. Hoffmann-La Roche Ltd., MedGenome, CENTOGENE N.V., Myriad Genetics, Inc., eviCore...
Micro-Hybrid Vehicles Market Projected to Reach USD
Micro-Hybrid Vehicles Market Research Report by Battery Type (Lead-acid, Lithium-ion, Others), by capacity (12V Micro-Hybrid, 48V Micro-Hybrid, Others), by...
THỦ THUẬT HAY
Cách đặt phòng khách sạn với Agoda, chọn phòng giá rẻ
Sử dụng Agoda la cách giúp bạn có được căn phòng giá rẻ mà tốt nhất, hơn thế nữa đặt phòng khách sạn với Agoda bạn còn nhận được rất nhiều ưu đãi chính là từ ứng dụng cũng như các đối tác liên kết với Agoda.
Cách đặt ảnh 360 độ làm ảnh bìa trên Facebook
Khi cập nhật ứng dụng Facebook trên Android và iOS, nguồ dùng sẽ được sử dụng tính năng mới đặt ảnh 360 độ làm ảnh bìa trên Facebook.
Sửa lỗi Automatic Repair Loop trên Windows 10
Lỗi Automatic Repair Loop là một trong những lỗi gây nhiều khó chịu nhất cho người dùng máy tính Windows. Điều đáng nói là tính năng Automatic Repair được tích hợp sẵn trên Windows không bao giờ tự động sửa chữa các
Không thể tập trung làm việc vì mê Facebook? Hãy thử ứng dụng này
Chỉ cần cài đặt tiện ích Kill Newsfeed lên trình duyệt web Chrome, bạn sẽ nhận được một dòng hiển thị to đùng trên NewsFeed Facebook: Đừng để Facebook quyến rũ mình!
9 cách khắc phục lỗi không truy cập được vào Facebook
Người dùng Internet Việt Nam không thể truy cập vào được Facebook. Bạn đã thử nhiều cách, trong đó có thiết lập DNS mới (Google DNS, Open DNS, Norton DNS,…) cho máy tính nhưng không hiệu quả. Chưa biết rõ nguyên nhân
ĐÁNH GIÁ NHANH
Đánh giá Honor Play: Lựa chọn không thể bỏ qua với những tín đồ của Gaming Mobile
Tuy là mẫu điện thoại được chú trọng vào hiệu suất chơi game, nhưng không vì thế mà những phần khác của Honor Play bị bỏ quên, trái lại còn được chăm chút khá tốt. Màn hình và thiết kế là một ví dụ, máy sở hữu màn hình
Trên tay máy nghe nhạc FiiO X3 Mark III: hoàn thiện tốt, hơi lag, chất âm tương xứng với giá 4,8tr
Với mức giá gần 5 triệu đồng, FiiO X3 Mark III mang đến cho chúng ta một chiếc máy nghe nhạc kích thước nhỏ gọn, vừa tay, nhẹ nhàng dễ cầm, chất lượng hoàn thiện máy tốt với thiết kế đơn giản, phần mềm điều khiển duyệt
Hongqi E-HS9 - Xứng danh "Rolls-Royce của Trung Quốc"
Thiết kế “chuẩn” Rolls-Royce, khoang nội thất tràn ngập công nghệ, hệ truyền động điện mạnh mẽ và thân thiện với môi trường, cảm giác lái ổn định,... Tất cả đều được gói gọn trong một chiếc xe được mệnh danh là