The global demand for CBD Skin Care Market is presumed to reach the market size of nearly USD 16.09 Billion by 2032 from USD 1.27 Billion in 2023 with a CAGR of 32.5% under the study period 2024 - 2032.
CBD skin care is designed to be applied topically to the skin and is formulated with CBD oil or CBD extract. It is derived from the plant named cannabis. These products are believed to have various benefits for the skin, including reducing inflammation and redness, improving the appearance of acne and other skin conditions, and providing anti-ageing benefits.
Market Dynamics
The use of CBD in skin care products has scaled up in recent years due to the growing popularity of CBD and its potential health benefits. Moreover, with the increasing legalization of cannabis in many parts of the world, CBD skin care products are now widely available. They can be easily purchased online or in stores which may drive market growth. Another factor contributing to the rise of CBD skin care products is the increasing awareness of the potential benefits of CBD for the skin. In addition, some people believe that CBD may have anti-ageing benefits and may help to improve the overall appearance of the skin, which may drive market growth. However, the regulatory issues of using CBD in some countries may restrain the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of cbd skin care. The growth and trends of cbd skin care industry provide a holistic approach to this study.
Market Segmentation
This section of the cbd skin care market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product
- Oils
- Creams & Moisturizers
- Masks & Serums
- Cleansers
- Others
By Distribution Channel
- Department Stores
- Hypermarkets/Supermarkets
- E-Commerce
- Retail Pharmacies
- Others
By Source
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the CBD Skin Care market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global CBD Skin Care Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the cbd skin care market include Cannuka LLC, Earthly Body, Josie Maran, Kapu Maku LLC. (Populum), Kiehl's, LEEF, Lord Jones, Sephora USA Inc., The CBD Skincare Co, Kush Creams. The CBD Skincare Co, Kush Creams. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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