The Global CBD Skincare Products Market is
projected to be valued at USD 3.2 Billion by 2025 at
a CAGR of 29.1% between 2019 and 2025. The demand
for CBD skincare products is increasing with the legalization of cannabis.
Consumers across the globe are inclined toward personal care products with
natural ingredients to avoid the side effects caused by synthetic
ingredients. Around 48% of consumers globally are willing to
pay a premium for products with organic and natural ingredients. Increasing
awareness of the skin benefiting properties of cannabis is driving the growth
of the global CBD skincare products market. The existing players in this market
are focusing on product innovation and development. The manufacturers are also
adopting strategies for introducing products with various labels such as
organic and cruelty-free.
cbd
skin care products market manufacturers
Market USP
Increasing popularity of natural skin care products
Growth Opportunities in the Market
Widespread use of moisturizers and creams: The moisturizers
and creams segment dominated the global CBD skincare products market in 2018
and is expected to remain dominant during the forecast period. Moisturizers and
creams are used by men and women on a daily basis to hydrate the skin. The
rising prevalence of skin problems such as acne, wrinkles, and dark circles has
influenced manufacturers to offer CBD-infused creams to treat skin issues.
Organic CBD skincare products: Consumers across the globe are
adopting organic personal care products. The organic skin care products market
accounted for approximately USD 4.5 billion in 2018. High instances of skin
sensitivity and increasing awareness of the harmful effects of chemicals on the
skin are leading to an increase in the demand for organic skincare products.
This is projected to drive the growth of the organic CBD skincare products
market during the forecast period.
Key Players
L'Oréal S.A. (France)
Cannuka, LLC (US)
Elixinol Global Limited (Australia)
Medical Marijuana Inc. (US)
Endoca BV (Netherlands)
Redwood Wellness, LLC (US)
Leef Organics (US)
Green Growth Brands (US)
The CBD Skincare Company (US)
Kana Skincare (US)
Vertly Hemp (US)
Myaderm (US)
Marijuana Company of America, Inc. (US)
CBD For Life LLC (US)
Estée Lauder Companies (US)
Complete Report Details @ https://www.marketresearchfuture.com/reports/cbd-skincare-products-market-8423
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