CBD Skin Care Market by Product Type, Distribution Channel, End User 2024-2032


MARKETRESEARCH

Uploaded on Apr 10, 2024

Category Business

According to the latest research report by IMARC Group, The global CBD skin care market size reached US$ 1.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 7.4 Billion by 2032, exhibiting a growth rate (CAGR) of 18.33% during 2024-2032. More Info:- https://www.imarcgroup.com/cbd-skin-care-market

Category Business

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CBD Skin Care Market by Product Type, Distribution Channel, End User 2024-2032

Global CBD Skin Care Market Research and Forecast Report 2024- 2032 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved About IMARC Group In ternat ional Market Analys is Research and Consul t ing Group is a leading adv iser on management s t rategy and market research wor ldwide. We par tner wi th c l ients in a l l regions and indust ry vert ica ls to ident i fy thei r h ighest -value oppor tuni t ies, address thei r most cr i t ica l chal lenges, and t ransform thei r bus inesses. IMARC’s in format ion products inc lude major market , sc ient i f ic , economic and technological developments for bus iness leaders in pharmaceut ica l , indust r ia l , and h igh technology organizat ions. Market forecasts and indust ry analys is for b iotechnology, advanced mater ia ls , chemicals , food and beverage, t ravel and tour ism, nanotechnology and novel process ing methods are at the top of the company’s exper t ise. IMARC’s ta i lored approach combines unfathomable ins ight in to the dynamics o f companies and markets wi th c lose cooperat ion at a l l levels of the c l ient organizat ion. This ensures that our c l ients achieve unmatchable compet i t ive advantage, bui ld more pro f ic ient organizat ions, and secure las t ing resul ts . A cc o r d i ng t o t h e l a t e s t r e p o r t b y I MA R C Gr o u p , t i t l e d " C B D S k i n C a r e Ma r ke t : G l o b a l I n d u s t r y T re n d s , S h a re , S i z e , Gr o w th , O p p o r t u n i ty an d F o r e ca s t 2 0 2 4 - 20 3 2 , " t h e g l o b a l C B D s k i n c a r e m a r ke t s i z e r e ac he d U S $ 1 . 6 B i l l i o n i n 2 0 2 3 . Fac tors A f fec t ing the Growth o f t he CBD Sk in Care Indust ry : Report Growing Consumer Awareness and Acceptance : T he s k i n c a r e i n d u s t r y i s w i t n es s i n g a t r a n s f o rm a t i v e s h i f t a s c on s u m er s a r e r ec o g n i z i n g a n d e m b ra c i n g t h e p o t e n t i a l he a l t h b e n e f i t s o f C B D , p a r t i c u l a r l y i t s a n t i - Highlight and i n f l a m m a t o r y an d a n t i o x i d a n t p r o p e r t i e s . M o r e ov e r , t he g r o w i n g a w a re n e s s i s d u e t o ex t e n s i ve m e d i a c o ve r a g e , s c i e n t i f i c r es e a r c h , a n d a n e c d o t a l e v i d en c e p r a i s i n g C B D ' s e f f i c a c y i n ad d r e s s i ng v a r i o u s s k i n co n c e r ns , s u c h a s a c ne , e cz e m a , a n d p so r i a s i s , Description t hu s r e p r e s e n t i n g an o t h e r m a j o r g r o w th - i n d uc i n g f a c t o r . A s i n d i v i d u a l s c o n t i nu e t o s ee k n a t u r a l , h o l i s t i c a p p ro a c h e s t o sk i n c a r e , C B D i s em e r g i ng a s a c om p e l l i n g i n g r e d i e n t , o f f e r i n g a b l e n d o f t h e r ap e u t i c be n e f i t s a l i g n ed w i th t h e g r ow i n g t r e n d t o w a r d w e l l n e ss - o r i e n t e d b e au t y ro u t i n e s . T h i s sh i f t i s a s i gn i f i c a n t m o v em e n t t o w a r d m o re i n f o r me d sk i n c a re c h o i c e s , w i t h co n s um e r s a c t i v e l y se e k i n g ou t p ro d u c t s t h a t e nh a n c e t h e i r a pp e a r a nc e , t h u s c r e a t i ng a p o s i t i v e ma r k e t ou t l o o k . Ris ing Demand for Natural and Organic Products: The g loba l sh i f t t oward sus ta inab i l i t y and we l l ness i s s i gn i f i can t l y in f luenc ing consumer p re f e rences , s t eer i ng t hem toward na tu ra l and organ ic sk incare so lu t ions . Add i t i ona l l y , consumers a re me t i cu lous abou t t he ing red ien ts i n t he i r Report sk inca re p roduc ts , op t ing f o r f o rmu la t ions tha t a re e f f ec t i ve , sa f e , and env i ronm en ta l l y f r i end ly , t hus con t r i bu t ing to the marke t g rowt h . Moreover , t he appea l o f CBD- in fused p roduc ts i s f u r t he r enhanced by i t s Highlight and assoc ia t ion w i t h eco -consc ious cu l t i va t i on and p rocess ing p rac t i ces , a l i gn ing w i t h the b roader consumer demand f o r t ransparency , t r aceab i l i t y , and e t h i ca l Description respons ib i l i t y i n sk inca re p roduc t s . Th is t rend a l so re f lec t s a deeper , va lue -dr i ven consumer engagem ent w i th sk inca re , where the cho i ce o f i ng red ien ts such as CBD is d r i ven by b roader cons idera t ions o f hea l th , and we l lness . Innovat ion and Product Development : The sk incare indus t r y i s cons t an t l y evo l v ing th rough innovat ion and the deve lopmen t o f new produc t s tha t ca te r t o t he chang ing pre f e rences and needs o f consumers . Add i t i ona l l y , CBD i s emerg ing as a f ron t ie r f o r i nnova t ion in sk inca re , o f fe r i ng un ique proper t ies t ha t enab le the c rea t ion o f nove l f o rm u la t ions . Moreover , compan ies a re us ing the ve rsa t i l e bene f i t s o f CBD to deve lop a p le tho ra o f sk incare p roduc ts , rang ing f rom mo is tu r ize rs and se rums to ba lms and masks , each p romis ing enhanced sk in hea l th and the rapeu t ic bene f i t s . As research in to CBD's sk in bene f i t s con t inues to expand , i t paves the way fo r fu r the r p roduc t d i f f e ren t ia t ion and d ive rs i f i ca t ion , enab l ing b rands to ca te r to Report numerous consumer needs and p re fe rences wh i le push ing the boundar ies o f t rad i t i ona l sk incare so lu t ions . Highlight and Request for a PDF sample o f th is repor t : h t tps : / /www. imarcgroup .com/cbd-sk in -ca re -marke t / reques tsamp le Description Report Description Global CBD Skin Care Market Trends: At p resent , consumers a re seek ing out CBD- in fused sk incare p roduc ts due to the i r perce ived benef i t s such as an t i - in f lammatory p roper t ies , potent ia l fo r reduc ing acne , and soo th ing e f fec ts on sens i t i ve sk in . In add i t ion , the easy ava i lab i l i t y o f CBD sk incare p roducts through on l ine channe ls and in br ick-and-mor tar re ta i l s to res he lps to expand in to t rad i t iona l re ta i l ou t le ts which increases access ib i l i t y to a broader consumer base , cont r ibu t ing to the marke t g rowth. Bes ides th is , b rands and indus t ry organ iza t ions a re inves t ing in educat iona l in i t ia t i ves to ra ise awareness about the po tent ia l bene f i t s o f CBD for sk incare and to d ispe l my ths o r misconcept ions sur round ing the ingred ien t , thus p rope l l ing the marke t g rowth. Looking forward , IMARC Group expects the market to reach US$ 7 .4 Bi l l ion by 2032, exhib i t ing a growth rate (CAGR) of 18 .33% during 2024-2032. View Report TOC, F igures and Tables : h t tps: / /www. imarcgroup.com/cbd-sk in-care-market Breakup by Product Type: • Oils • Lot ion and Creams • Masks and Serums • Bath and Soaps • Others Report Breakup by Source: Segmentation • Hemp • Mari juana Breakup by Price Range: • Economic • Premium Breakup by Distribution Channel : • Hypermarkets and Supermarkets • Departmental Stores • Online Stores • Retai l Pharmacies • Others Report Segmentation Breakup by Region: • North America • Asia-Pacifi c • Europe • Latin America • Middle East and Afr ica • Aurora Cannabis Inc. • Cannuka LLC • Canopy Growth Corporation • Curaleaf Holdings Inc. Competitive • Dixie Brands Inc. Landscape • Earthly Body with Key • Elixinol Wellness Limited • High Tide Inc. Players • Kapu Maku LLC (Populum) • Kiehl's LLC (L'Oréal S.A.) • Lord Jones • Medical Mari juana Inc. • Myaderm How has the global CBD skin care market performed so far and how will it perform in the coming years? What has been the impact of COVID-19 on the global CBD skin care market? Key What are the key regional markets? Questions What is the breakup of the market based on the Answered in product type? the Report What is the breakup of the market based on the source? What is the breakup of the market based on the price range? What is the breakup of the market based on the distribution channel? What are the various stages in the value chain of the industry? What are the key driving factors and challenges in the industry? Key What is the structure of the global CBD skin care market and who are the key players? Questions Answered in What is the degree of competition in the industry? the Report 1 P r e f a c e 2 S c o p e a n d M e t h o d o l o g y 2 . 1 O b j e c t i v e s o f t h e S t u d y 2 . 2 S t a k e h o l d e r s 2 . 3 D a t a S o u r c e s 2 . 3 . 1 P r i m a r y S o u r c e s 2 . 3 . 2 S e c o n d a r y S o u r c e s 2 . 4 M a r k e t E s t i m a t i o n Table of 2 . 4 . 1 B o t t o m - U p A p p r o a c h 2 . 4 . 2 T o p - D o w n A p p r o a c h 2 . 5 F o r e c a s t i n g M e t h o d o l o g y 3 E x e c u t i v e S u m m a r y 4 I n t r o d u c t i o n Contents 4 . 1 O v e r v i e w 4 . 2 K e y I n d u s t r y T r e n d s5 G l o b a l C B D S k i n C a r e M a r k e t 5 . 1 M a r k e t O v e r v i e w 5 . 2 M a r k e t P e r f o r m a n c e 5 . 3 I m p a c t o f C O V I D - 1 9 5 . 4 M a r k e t F o r e c a s t 6 M a r k e t B r e a k u p b y P r o d u c t T y p e 6 . 1 O i l s 6 . 1 . 1 M a r k e t T r e n d s 6 . 1 . 2 M a r k e t F o r e c a s t 6 . 2 L o t i o n a n d C r e a m s 6 . 2 . 1 M a r k e t T r e n d s 6 . 2 . 2 M a r k e t F o r e c a s t 6 . 3 M a s k s a n d S e r u m s 6 . 3 . 1 M a r k e t T r e n d s 6 . 3 . 2 M a r k e t F o r e c a s t 6 . 4 B a t h a n d S o a p s 6 . 4 . 1 M a r k e t T r e n d s 6 . 4 . 2 M a r k e t F o r e c a s t 6 . 5 O t h e r s 6 . 5 . 1 M a r k e t T r e n d s 6 . 5 . 2 M a r k e t F o r e c a s t 7 M a r k e t B r e a k u p b y S o u r c e 7 . 1 H e m p 7 . 1 . 1 M a r k e t T r e n d s Table of 7 . 1 . 2 M a r k e t F o r e c a s t 7 . 2 M a r i j u a n a 7 . 2 . 1 M a r k e t T r e n d s 7 . 2 . 2 M a r k e t F o r e c a s t Contents 8 M a r k e t B r e a k u p b y P r i c e R a n g e 8 . 1 E c o n o m i c 8 . 1 . 1 M a r k e t T r e n d s 8 . 1 . 2 M a r k e t F o r e c a s t 8 . 2 P r e m i u m 8 . 2 . 1 M a r k e t T r e n d s 8 . 2 . 2 M a r k e t F o r e c a s t 9 M a r k e t B r e a k u p b y D i s t r i b u t i o n C h a n n e l 9 . 1 H y p e r m a r k e t s a n d S u p e r m a r k e t s 9 . 1 . 1 M a r k e t T r e n d s 9 . 1 . 2 M a r k e t F o r e c a s t 9 . 2 D e p a r t m e n t a l S t o r e s 9 . 2 . 1 M a r k e t T r e n d s 9 . 2 . 2 M a r k e t F o r e c a s t F o r m o r e i n f o r m a t i o n , v i s i t : ht t ps : / /w ww. i ma rc gro up . c o m /c bd - sk in - c a re -m arke t / t o c Disclaimer © 2023 IMARC Al l R ights Reserved Th is Pub l i ca t ion and a l l i t ’ s con ten ts un less o therw ise men t i oned a re copy r i gh ted in the name o f I n t e rna t i ona l Marke t Ana lys i s Research and Consu l t ing ( IMARC) . 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