CBD Cosmetics Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

CBD (cannabidiol) is a non-psychoactive chemical derived from marijuana and hemp plants. CBD is extracted as a powder, which is then blended with a variety of oils, such as olive, coconut, or hemp oil, to boost its efficiency in a variety of applications. CBD oil products have a variety of benefits, including anti-inflammatory, antioxidant, and skin soothing effects.

MARKET DYNAMICS

The holistic benefits of CBD-infused skin care products have emerged as a result of the legalization of marijuana and cannabis-based cosmetics. CBD-infused skin products are gaining popularity among clients due to their calming properties. Its anti-inflammatory and anti-oxidant properties can help with a variety of skin disorders. CBD- cosmetics provide a range of benefits, including improved sleep and the treatment of skin conditions such as eczema, psoriasis, and acne.

MARKET SCOPE

The "Global CBD Cosmetics Market Analysis to 2031" is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the CBD cosmetics market with detailed market segmentation by type and distribution channel. The global CBD cosmetics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading CBD cosmetics market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global CBD cosmetics market is segmented into type and distribution channel. By type, the CBD cosmetics market is classified into oils, creams & moisturizers, masks & serums, cleansers, others. By distribution channel, the CBD cosmetics market is classified into supermarkets and hypermarkets, specialty stores, online retail, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global CBD cosmetics market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The CBD cosmetics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the CBD cosmetics market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the CBD cosmetics market in these regions.

MARKET PLAYERS

The report covers vital developments in the CBD cosmetics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the CBD cosmetics market are anticipated to witness lucrative growth opportunities in the future with the rising demand for CBD cosmetics in the global market. Below mentioned is the list of few companies engaged in the CBD cosmetics market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the CBD cosmetics market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.

•   Cannuka LLC
  
•   Cronos Group Inc.
  
•   Elixinol Global Ltd.
  
•   Endoca BV
  
•   Isodiol International Inc.
  
•   Khiron Life Sciences Corp.
  
•   L'Oreal SA
  
•   The CBD Skincare Co.
  
•   The Estee Lauder Companies Inc.
  
•   Unilever Group.
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

CBD Cosmetics Report Scope