Global CBD Skin Care Market

Global CBD Skin Care Market Size, Trends, and Analysis - Forecasts To 2026 By Source (Hemp and Marijuana), By Type (Oils, Creams & Moisturizers, Masks & Serums, and Cleansers), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis & Competitor Analysis

Category Healthcare
Format
  • ms word
  • ms excel
  • ms ppt
  • pdf
This report was recently updated on November 30 2024 with the latest and most recent market numbers

CBD Skin Care Market: Insights

The augmented manufacturing of CBD skincare products is driven by a growing awareness of its medicinal importance, which is another aspect boosting demand growth. Increasing awareness of the advantages of CBD-infused personal care goods is propelling the market ahead. The market's growth is being aided by research & development spending and demand for safe skincare products. The rising demand for sheet and serum face masks would push the market forward. The World Health Organization's (WHO) Expert Committee on Drug Dependence (ECDD) reported in November 2017 that CDB is uncertain to cause damage in its pure form.

CBD is considered to be safe and efficient for all types of skin, but it is especially beneficial for those who suffer from inflammatory conditions, dryness, skin sensitivity, or acne. It can also aid in the relief of discomfort associated with inflammatory skin problems. CBD skincare has antioxidant properties that mainly combat the symptoms of aging in the elderly population, boosting the growth of the global CBD skincare market. CBD skincare is gaining traction globally because of the enhanced understanding amongst core demographics about its therapeutic value. The CBD skincare product has several advantages, including increased sleep and aiding in the management of skin diseases such as psoriasis and eczema, as well as pimples.

CBD skincare ingredients can induce skin elongation, tingling, and stripping, which would put a damper on the market. CBD use is still illegal in some countries, which will stifle the CBD skincare market's expansion. CBD remains an unregulated market in many nations, resulting in sluggish demand growth due to reduced geographical supply. Furthermore, the global CBD skincare industry is anticipated to be hampered by policymakers' stringent rules and regulatory mechanisms relevant to the use of CBD. The rise in fashion consciousness amongst both males and females in developed and developing economies is expected to drive demand for CBD skincare products.

Even though CBD is present in marijuana plants, it is non-psychoactive and lawful to purchase in its purified version. In certain cases, cannabidiol research has shown that it has healing properties when applied to the skin. The potential of this plant to cure illnesses has enticed manufactures to produce CBD-infused goods, owing to the various benefits of CBD. Sephora, for example, has set aside a special section of its shop dedicated solely to CBD skincare products. The boost in discretionary income over the years is expected to increase demand for CBD skincare products such as high-quality oil, cream, cleanser, and other items.

global cbd skin care market

CBD Skin Care Market: By Source

As per the source, the market is categorized as hemp and marijuana. Because of the high fatty acid composition of hemp-based skincare products, they are foreseen to hold the highest market share. Hemp-infused skincare products comfort and revitalize rough and damaged skin, eliminating pain. They also aid with the administration of aging issues, which is presumed to increase the usage of this source.

Hempseed oil, according to Kotak, has unrivaled moisturizing properties for the skin. The Body Shop was one of the first large cosmetics companies to understand this, and it was one of the first to introduce hemp-based drugs to the market. Hempseed oil can also be used as an emollient, cleanser, surfactant, and skin conditioner, according to the EU cosmetic product website. Hemp molecules are very small, allowing them to easily enter the skin and provide successful effects. These characteristics are projected to contribute to a rise in hemp's use in skincare products, leading to the overall segment's growth.

CBD Skin Care Market: By Type

As per the type, the market is categorized as oils, creams & moisturizers, masks & serums, cleansers. CBD-based skincare oils are foreseen to dominate the market. In the personal care sector, these product categories are becoming increasingly common. This is attributable to its anti-inflammatory and antioxidant effects, which make it particularly effective for acne, aging, and wrinkle-prone skin. It is widely used by core demographics to treat uncommon skin problems.

Moreover, global demand for CBD-infused masks and serums is anticipated to expand significantly. This is due to the rising need for facial mask sheets and serums that absorb deep into the skin due to the optimum product formulation layer and are also simple to apply.

asia pacific cbd skin care market

CBD Skin Care Market: By Region

The CBD skin care market by region can be classified into North America (the US, Canada, and Mexico), Asia Pacific (India, China, Japan, Malaysia, Singapore, and Rest of Asia Pacific), Europe (Germany, United Kingdom, Italy, France, Spain, Netherlands, and Rest of Europe), Middle East & Africa and Central & South America. North America is presumed to account for a major share of the market. The huge consumer base and the favorable legalization of marijuana usage in the Canada and United States led to a surge in demand for CBD skincare products in North America. Currently, 33 jurisdictions in the United States, as well as the District of Columbia, have permissible cannabis, rendering it the world's largest sector. Over the next several years, legalization and the involvement of famous beauty care producers are projected to lead to market development. The approval and inclusion of distinct magnificence care producers are presumed to assist in market growth.

Due to the high acceptance of CBD beauty products by consumers suffering from a variety of skin problems and the growing number of CBD manufacturing companies in these regions, the demand in the Asia Pacific and Europe is expected to expand rapidly. Leading beauty expert nations such as Korea, Japan, China, and India are set to have potential business growth prospects. Even though cannabis is essentially illegal in Asia, Asian beauty trends such as J-beauty and K-beauty are the major skincare industry leaders. As a result, this demand is anticipated to widen rapidly in Asian nations.

CBD Skin Care Market: Share & Competitor Analysis

VERTLYBALM, Endoca LLC, Cannuka LLC, Kapu Maku LLC, Medical Marijuana Inc., Lord Jones, Kiehl's LLC, Elixinol Global Limited, Leef Organics, Myaderm are some of the big players in the market.   

Please note: This is not an exhaustive list of companies profiled in the report.

Chapter 1   Methodology

1.1    Market Scope & Definitions

1.2    Estimates & Forecast Calculation

1.3    Historical Data Overview And Validation

1.4    Data Sources

1.4.1    Secondary

1.4.2    Primary

Chapter 2   Report Outlook

2.1    Global CBD Skin Care Industry Overview, 2019-2026

2.1.1    Industry Overview

2.1.2    Source Overview

2.1.3    Type Overview

          2.1.4    Regional Overview

Chapter 3   Global CBD Skin Care Market Trends

3.1    Market Segmentation

3.2    Industry Background, 2019-2026

3.3    Market Key Trends

3.3.1    Positive Trends

3.3.1.1    Increasing Adoption of CBD Skin Care Products

3.3.1.2    Increasing Investments in Research And Development

3.3.2    Industry Challenges

3.3.2.1    Side Effects of Products

3.4    Prospective Growth Scenario

3.4.1    Source Growth Scenario

3.4.2    Type Growth Scenario

3.5    COVID-19 Influence over Industry Growth

3.6    Porter’s Analysis

3.7    PESTEL Analysis

3.8    Value Chain & Supply Chain Analysis

3.9    Regulatory Framework

3.9.1    North America

3.9.2    Europe

3.9.3    APAC

3.9.4    LATAM

3.9.5    MEA

3.10    Technology Overview

3.11    Market Share Analysis, 2020

3.11.1    Company Positioning Overview, 2020

Chapter 4   Global CBD Skin Care Market, By Source

4.1    Source Outlook

4.2    Hemp

4.2.1    Market Size, By Region, 2019-2026 (USD Million)

4.3    Marijuana

          4.3.1    Market Size, By Region, 2019-2026 (USD Million)

Chapter 5   Global CBD Skin Care Market, By Type

5.1    Type Outlook

5.2    Oils

5.2.1    Market Size, By Region, 2019-2026 (USD Million)

5.3    Creams & Moisturizers

          5.3.1    Market Size, By Region, 2019-2026 (USD Million)  

5.4    Masks & Serums

          5.4.1    Market Size, By Region, 2019-2026 (USD Million) 

5.5    Cleansers

          5.5.1    Market Size, By Region, 2019-2026 (USD Million) 

Chapter 6 Global CBD Skin Care Market, By Region

6.1    Regional outlook

6.2    North America

6.2.1    Market Size, By Country 2019-2026 (USD Million)

6.2.2    Market Size, By Source, 2019-2026 (USD Million)

6.2.3    Market Size, By Type, 2019-2026 (USD Million)

6.2.4    U.S.

6.2.4.1    Market Size, By Source, 2019-2026 (USD Million)

6.2.4.2    Market Size, By Type, 2019-2026 (USD Million)

6.2.5    Canada

6.2.5.1    Market Size, By Source, 2019-2026 (USD Million)

6.2.5.2    Market Size, By Type, 2019-2026 (USD Million)

6.3    Europe

6.3.1    Market Size, By Country 2019-2026 (USD Million)

6.3.2    Market Size, By Source, 2019-2026 (USD Million)

6.3.3    Market Size, By Type, 2019-2026 (USD Million)

6.3.4    Germany

6.3.4.1    Market Size, By Source, 2019-2026 (USD Million)

6.3.4.2    Market Size, By Type, 2019-2026 (USD Million)

6.3.5    UK

6.3.5.1    Market Size, By Source, 2019-2026 (USD Million)

6.3.5.2    Market Size, By Type, 2019-2026 (USD Million)

6.3.6    France

6.3.6.1    Market Size, By Source, 2019-2026 (USD Million)

6.3.6.2    Market Size, By Type, 2019-2026 (USD Million)

6.3.7    Italy

6.3.7.1    Market Size, By Source, 2019-2026 (USD Million)

6.3.7.2    Market Size, By Type, 2019-2026 (USD Million)

6.3.8   Spain

6.3.8.1    Market Size, By Source, 2019-2026 (USD Million)

6.3.8.2    Market Size, By Type, 2019-2026 (USD Million)

6.3.9    Russia

6.3.9.1    Market Size, By Source, 2019-2026 (USD Million)

6.3.9.2    Market Size, By Type, 2019-2026 (USD Million)

6.4    Asia Pacific

6.4.1    Market Size, By Country 2019-2026 (USD Million)

6.4.2    Market Size, By Source, 2019-2026 (USD Million)

6.4.3    Market Size, By Type, 2019-2026 (USD Million)

6.4.4    China

6.4.4.1    Market Size, By Source, 2019-2026 (USD Million)

6.4.4.2    Market Size, By Type, 2019-2026 (USD Million)

6.4.5    India

6.4.5.1    Market Size, By Source, 2019-2026 (USD Million)

6.4.5.2    Market Size, By Type, 2019-2026 (USD Million)

6.4.6    Japan

6.4.6.1    Market Size, By Source, 2019-2026 (USD Million)

6.4.6.2    Market Size, By Type, 2019-2026 (USD Million)

6.4.7    Australia

6.4.7.1    Market Size, By Source, 2019-2026 (USD Million)

6.4.7.2    Market size, By Type, 2019-2026 (USD Million)

6.4.8    South Korea

6.4.8.1    Market Size, By Source, 2019-2026 (USD Million)

6.4.8.2    Market Size, By Type, 2019-2026 (USD Million)

6.5    Latin America

6.5.1    Market Size, By Country 2019-2026 (USD Million)

6.5.2    Market Size, By Source, 2019-2026 (USD Million)

6.5.3    Market Size, By Type, 2019-2026 (USD Million)

6.5.4    Brazil

6.5.4.1    Market Size, By Source, 2019-2026 (USD Million)

6.5.4.2    Market Size, By Type, 2019-2026 (USD Million)

6.5.5    Mexico

6.5.5.1    Market Size, By Source, 2019-2026 (USD Million)

6.5.5.2    Market Size, By Type, 2019-2026 (USD Million)

6.5.6    Argentina

6.5.6.1    Market Size, By Source, 2019-2026 (USD Million)

6.5.6.2    Market Size, By Type, 2019-2026 (USD Million)

6.6    MEA

6.6.1    Market Size, By Country 2019-2026 (USD Million)

6.6.2    Market Size, By Source, 2019-2026 (USD Million)

6.6.3    Market Size, By Type, 2019-2026 (USD Million)

6.6.4    Saudi Arabia

6.6.4.1    Market Size, By Source, 2019-2026 (USD Million)

6.6.4.2    Market Size, By Type, 2019-2026 (USD Million)

6.6.5    UAE

6.6.5.1    Market Size, By Source, 2019-2026 (USD Million)

6.6.5.2    Market Size, By Type, 2019-2026 (USD Million)

6.6.6    South Africa

6.6.6.1    Market Size, By Source, 2019-2026 (USD Million)

6.6.6.2    Market Size, By Type, 2019-2026 (USD Million)

Chapter 7 Company Landscape

7.1    Competitive Analysis, 2020

7.2    VERTLYBALM

          7.2.1    Company Overview

7.2.2    Financial Analysis

7.2.3    Strategic Positioning

7.2.4    Info Graphic Analysis

7.3    Endoca LLC

7.3.1    Company Overview

7.3.2    Financial Analysis

7.3.3    Strategic Positioning

7.3.4    Info Graphic Analysis

7.4    Cannuka LLC

7.4.1    Company Overview

7.4.2    Financial Analysis

7.4.3    Strategic Positioning

7.4.4    Info Graphic Analysis

7.5    Kapu Maku LLC

7.5.1    Company Overview

7.5.2    Financial Analysis

7.5.3    Strategic Positioning

7.5.4    Info Graphic Analysis

7.6    Medical Marijuana Inc.

7.6.1    Company Overview

7.6.2    Financial Analysis

7.6.3    Strategic Positioning

7.6.4    Info Graphic Analysis

7.7    Lord Jones

7.7.1    Company Overview

7.7.2    Financial Analysis

7.7.3    Strategic Positioning

7.7.4    Info Graphic Analysis

7.8    Kiehl's LLC

7.8.1    Company Overview

7.8.2    Financial Analysis

7.8.3    Strategic Positioning

7.8.4    Info Graphic Analysis

7.9    Elixinol Global Limited

7.9.1    Company Overview

7.9.2    Financial Analysis

7.9.3    Strategic Positioning

7.9.4    Info Graphic Analysis

7.10    Leef Organics

7.10.1    Company Overview

7.10.2    Financial Analysis

7.10.3    Strategic Positioning

7.10.4    Info Graphic Analysis

7.11   Myaderm

7.11.1    Company Overview

7.11.2    Financial Analysis

7.11.3    Strategic Positioning

7.11.4    Info Graphic Analysis

7.12   Other Companies

7.12.1    Company Overview

7.12.2    Financial Analysis

7.12.3    Strategic Positioning

7.12.4    Info Graphic Analysis

The Global CBD Skin Care Market has been studied from the year 2019 till 2026. However, the CAGR provided in the report is from the year 2021 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the CBD Skin Care Market.

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

We value your investment and offer free customization with every report to fulfil your exact research needs.
This website is secure and your personal details are safe. Privacy
You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The global CBD skin care market size is projected to grow from USD xx million in 2021 to USD xx million by 2026 at a CAGR value of 32.9%.
Key and innovative vendors in the CBD skin care market include Vertlybalm, Endoca LLC, Cannuka LLC, Kapu Maku LLC, Medical Marijuana Inc., Lord Jones, Kiehls LLC, Elixinol Global Limited, Leef Organics, and Myaderm, among others.
The North American region is estimated to hold the largest share of the CBD skin care market.
The COVID-19 pandemic has caused production shutdowns, disrupted supply chains, and caused fluctuations in raw materials. These trends hampered the demand for CBD skin care products and lowered the supply of in the market. However, on the other hand, the e-commerce avenue will offer lucrative new opportunities for growth as people are turning towards online stores for skincare purchases. This driver will support the growth of the market from 2021 to 2026.
The growing acceptance of CBD skin care products, increasing investment in R&D by cosmetic companies, and the growing number of CBD manufacturing companies in the APAC region are expected to be the major drivers of the CBD skin care market.

Tailor made solutions just for you

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

OUR CLIENTS

  • Client of Global Market Estimates - Fedex
  • Client of Global Market Estimates - Samsung
  • Client of Global Market Estimates - Siemens
  • Client of Global Market Estimates - Lonza
  • Client of Global Market Estimates - DuPont
  • Client of Global Market Estimates - Medtronic
  • Client of Global Market Estimates - Toray
  • Client of Global Market Estimates - Signify
  • Client of Global Market Estimates - Teledyne
  • Client of Global Market Estimates - Trelleborg
  • Client of Global Market Estimates - Kikkoman Biochemifa
  • Client of Global Market Estimates - Leoni
  • Client of Global Market Estimates - Molnlycke
  • Client of Global Market Estimates - Spirent
  • Client of Global Market Estimates - Tokyo Electron Limited
  • Client of Global Market Estimates - Aranca
  • Client of Global Market Estimates - Asahi Kasei
  • Client of Global Market Estimates - Chimai
  • Client of Global Market Estimates - Grapsud
  • Client of Global Market Estimates - Horiba
  • Client of Global Market Estimates - Indorama
  • Client of Global Market Estimates - L&T
  • Client of Global Market Estimates - Integralife
  • Client of Global Market Estimates - Synamedia
  • Client of Global Market Estimates - Sorrento Therapeutics
  • Client of Global Market Estimates - Solenis
  • Client of Global Market Estimates - Sartorius