Market Overview:
The global CBD skincare products market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing awareness about the benefits of CBD oil for skin care, rising demand for natural and organic skincare products, and growing popularity of CBD-infused skincare products. The global CBD skincare products market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into creams & moisturizers, serums, CBD oil, and others. The creams & moisturizers segment accounted for a major share in 2017 owing to its high demand from consumers across all regions. On the basis of application, the market is divided into mass market (drugstores/pharmacies), smoke shops (head shops/cannabis dispensaries), e-commerce (online retail stores), and others (spas/salons). The e-commerce segment accounted for a major share in 2017 due to its high penetration rate in developed countries such as North America and Europe.
Product Definition:
CBD skincare products are revolutionizing the beauty industry. CBD oil is a natural ingredient that has anti-inflammatory and antioxidant properties. It can help to improve the appearance of skin, including reducing wrinkles and age spots, acne, eczema and other skin conditions.
Creams & Moisturizers:
Creams & moisturizers are topical products that are used to enhance the skin's natural ability to retain moisture. The global market for creams and moisturizers is expected to witness significant growth over the forecast period owing to factors such as increasing demand for anti-aging solutions, rising awareness regarding healthy skin, and growing disposable income of consumers.
Serums:
Cannabidiol (CBD) serums are liquids that contain Cannabidiol (CBD) and some other ingredients. CBD serums can be used as a substitute for moisturizers, makeup, or skincare products. They can also be used to add CBD content in any of these products without altering the original formulation. The main function of a serum is to hydrate skin cells and keep them healthy so they look younger and more vibrant.
Application Insights:
The others segment held the largest market share of more than 40.0% in 2017 and is expected to witness significant growth over the forecast period. The other applications include aromatherapy, shampoos, conditioners and body care products among others. CBD has antifungal, antibacterial and antioxidant properties which makes it a popular choice among skincare product manufacturers for use in various formulations including lotions, creams & moisturizers as well as serums. These factors are anticipated to fuel demand over the forecast period particularly across e-commerce platforms where consumers can directly access variety of CBD Skincare Products without visiting physical stores or pharmacies.
Mass market application is estimated to be one of the fastest-growing segments owing to increasing awareness about health benefits associated with cannabis oil such as pain management, anxiety relief along with its anti-inflammatory & neuroprotective properties which makes it suitable for various skin conditions including acne vulgaris (acne), eczema.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. Increasing awareness regarding CBD and hemp-derived products, growing consumer preference for natural and organic cosmetics, rising demand for anti-aging creams, and presence of major manufacturers such as HempMy Pet LLC are some factors that can be attributed to North America’s dominance in the global market. Moreover, increasing R&D activities by companies to develop new products will also help this region retain its position during the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing disposable income levels coupled with rising health consciousness among consumers especially millennials; these factors are expected drive regional growth over this period.
Growth Factors:
- Increasing awareness about the benefits of CBD for skin care
- Growing demand for natural and organic skincare products
- Rising popularity of CBD-infused skincare products
- Proliferation of online retail channels that sell CBD skincare products
- Growing number of celebrities and influencers who endorse CBD skincare products
Scope Of The Report
Report Attributes
Report Details
Report Title
CBD Skincare Products Market Research Report
By Type
Creams & Moisturizers, Serums, CBD Oil, Others
By Application
Mass Market, Smoke Shops, E-commerce, Others
By Companies
Charlotte's Web, Kiehl's, Medical Marijuana, Cannuka, Isodiol Cannaceuticals, Lord Jones, Endoca, Kapu Maku LLC, Green Growth Brands, Elixinol Global, Leef Organics, The CBD Skincare Company, Josie Maran Cosmetics, Leela Body Care, CBD For Life, Myaderm, Kana Skincare, Apothecanna, Vertly
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global CBD Skincare Products Market Report Segments:
The global CBD Skincare Products market is segmented on the basis of:
Types
Creams & Moisturizers, Serums, CBD Oil, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Mass Market, Smoke Shops, E-commerce, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Charlotte's Web
- Kiehl's
- Medical Marijuana
- Cannuka
- Isodiol Cannaceuticals
- Lord Jones
- Endoca
- Kapu Maku LLC
- Green Growth Brands
- Elixinol Global
- Leef Organics
- The CBD Skincare Company
- Josie Maran Cosmetics
- Leela Body Care
- CBD For Life
- Myaderm
- Kana Skincare
- Apothecanna
- Vertly
Highlights of The CBD Skincare Products Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Creams & Moisturizers
- Serums
- CBD Oil
- Others
- By Application:
- Mass Market
- Smoke Shops
- E-commerce
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the CBD Skincare Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
CBD Skincare Products are products that contain CBD oil, which is a derivative of cannabis. CBD oil is known to have anti-inflammatory and analgesic properties, which makes it a popular choice for skincare products.
Some of the major players in the cbd skincare products market are Charlotte's Web, Kiehl's, Medical Marijuana, Cannuka, Isodiol Cannaceuticals, Lord Jones, Endoca, Kapu Maku LLC, Green Growth Brands, Elixinol Global, Leef Organics, The CBD Skincare Company, Josie Maran Cosmetics, Leela Body Care, CBD For Life, Myaderm, Kana Skincare, Apothecanna, Vertly.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 CBD Skincare Products Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 CBD Skincare Products Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 CBD Skincare Products Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the CBD Skincare Products Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global CBD Skincare Products Market Size & Forecast, 2020-2028 4.5.1 CBD Skincare Products Market Size and Y-o-Y Growth 4.5.2 CBD Skincare Products Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Creams & Moisturizers
5.2.2 Serums
5.2.3 CBD Oil
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Mass Market
6.2.2 Smoke Shops
6.2.3 E-commerce
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global CBD Skincare Products Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 CBD Skincare Products Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Creams & Moisturizers
9.6.2 Serums
9.6.3 CBD Oil
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Mass Market
9.10.2 Smoke Shops
9.10.3 E-commerce
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Creams & Moisturizers
10.6.2 Serums
10.6.3 CBD Oil
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Mass Market
10.10.2 Smoke Shops
10.10.3 E-commerce
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Creams & Moisturizers
11.6.2 Serums
11.6.3 CBD Oil
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Mass Market
11.10.2 Smoke Shops
11.10.3 E-commerce
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Creams & Moisturizers
12.6.2 Serums
12.6.3 CBD Oil
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Mass Market
12.10.2 Smoke Shops
12.10.3 E-commerce
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Creams & Moisturizers
13.6.2 Serums
13.6.3 CBD Oil
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Mass Market
13.10.2 Smoke Shops
13.10.3 E-commerce
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 CBD Skincare Products Market: Competitive Dashboard
14.2 Global CBD Skincare Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Charlotte's Web
14.3.2 Kiehl's
14.3.3 Medical Marijuana
14.3.4 Cannuka
14.3.5 Isodiol Cannaceuticals
14.3.6 Lord Jones
14.3.7 Endoca
14.3.8 Kapu Maku LLC
14.3.9 Green Growth Brands
14.3.10 Elixinol Global
14.3.11 Leef Organics
14.3.12 The CBD Skincare Company
14.3.13 Josie Maran Cosmetics
14.3.14 Leela Body Care
14.3.15 CBD For Life
14.3.16 Myaderm
14.3.17 Kana Skincare
14.3.18 Apothecanna
14.3.19 Vertly