Global CBD Skin Care Market Size study & Forecast, by Product Type, by Source, by Distribution Channel and Regional Analysis, 2023-2030

Description

List of Tables

Global CBD Skin Care Market is valued at approximately USD 1537 Million in 2022 and is anticipated to grow with a healthy growth rate of more than 24.8% over the forecast period 2023-2030. Cannabidiol, also known as CBD, is a non-intoxicating substance that is obtained from marijuana or hemp plants. To boost the efficiency of CBD in a variety of applications, it is typically combined with different types of oils, such as hemp, coconut, or olive oil. Products made from CBD oil have a variety of beneficial features, such as those that are anti-inflammatory, antioxidant, and soothing to the skin. CBD oil is one of the main ingredients in many cosmetic and personal care products as it combines such exceptional qualities. The holistic advantages of CBD-infused skin care products have come to light after the legalization of marijuana and cannabis-based cosmetics. Increasing awareness of CBD infused skin care products among consumers, the growing impact of social media on skincare and the increase in e-commerce channel sales of CBD are the driving factors that are boosting the growth of CBD skincare market.

The increasing awareness of CBD infused skin care products among consumers is driving the growth of the CBD skin care market. Consumers are becoming more knowledgeable about the potential benefits of CBD for skincare, leading to a rising demand for CBD-infused products. This trend is prompting companies to develop and expand their range of CBD skin care offerings to cater to this growing consumer interest. According to Statista, in 2018, the global market for skin care products containing cannabidiol (CBD) was estimated to be worth around 710 million US dollars. By 2024, it is predicted that the market would be worth 959 million dollars. According to another survey by Statista on the influence of social media on consumer buying decisions in India in March 2022, it was revealed that 76% of respondents purchased skincare and cosmetics as a result of the influence of social media and 70% of participants said that social media influenced their purchases of personal care items, thus driving the market growth. Moreover, technological and innovative advancements while creating CBD skin care and the rising trends in skincare and wellness may create lucrative opportunities for the growth of the market in the forecast years. However, the strict regulation by government authorities on CBD based skin care products due to their THC content stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global CBD Skin Care Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 due to consumer's awareness and interest in CBD-infused products, including skincare, a well-developed beauty and skincare market, and a strong retail presence and e-commerce growth. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising consumer awareness regarding the benefits of CND-infused products, growing beauty and personal care industry and increasing influence of K-beauty and J-beauty.

Major market player included in this report are:

Populum (Kapu Maku LLC)
Sephora USA, Inc.
Earthly Body
Kiehl's LLC
The CBD Skincare Co.
Cannuka, LLC
Josie Maran Cosmetics
Leef Brands Inc. (Icanic Brands Company, Inc.)
Folium Biosciences
Pacific Roots LLC

Recent Developments in the Market:

In March 2022, Lotus introduced the Hemp Youth Glow product line, featuring organic hemp seed oil obtained through a cold-pressed process. This line of products not only offers natural skincare benefits but also helps combat signs of aging, addressing age-related concerns effectively.
In July 2022, Global, a medical cannabis company, has recently unveiled its new CBD-hemp skincare line called Fuss Pot. This product line is now available both in physical stores and online, catering to the growing demand for CBD-infused skincare products. The introduction of Fuss Pot showcases Global's entry into the CBD skincare market, capitalizing on the increasing popularity of CBD in the beauty and wellness industry.
In July 2021, Bombay Hemp Company, an Indian company specializing in hemp and CBD health & wellness products, recently introduced new skincare items. This launch is a direct response to the rising consumer interest in hemp oils and CBD beauty products. The introduction of these new skincare items reflects the growing market relevance of CBD skincare, as more consumers seek out natural and CBD-infused options for their skincare routines.

Global CBD Skin Care Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Product Type, Source, Distribution Channel, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Product Type:

Oils
Lotions and Creams
Masks and Serums
Bath and Soaps
Others

By Source:

Hemp
Marijuana

By Distribution Channel:

Departmental Stores
E-Commerce
Hypermarkets/Supermarkets
Retail Pharmacies
Others

By Region:

North America

U.S.
Canada

Europe

UK
Germany
France
Spain
Italy
ROE

Asia Pacific

China
India
Japan
Australia
South Korea
RoAPAC

Latin America

Brazil
Mexico

Middle East & Africa

Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
- 1.2.1. CBD Skin Care Market, by Region, 2020-2030 (USD Million)
- 1.2.2. CBD Skin Care Market, by Product Type, 2020-2030 (USD Million)
- 1.2.3. CBD Skin Care Market, by Source, 2020-2030 (USD Million)
- 1.2.4. CBD Skin Care Market, by Distribution Channel, 2020-2030 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global CBD Skin Care Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global CBD Skin Care Market Dynamics

3.1. CBD Skin Care Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing awareness of CBD infused skin care products
  - 3.1.1.2. Growing impact of social media on skin care
  - 3.1.1.3. Increase in e-commerce channel sales of CBD
- 3.1.2. Market Challenges
  - 3.1.2.1. Regulatory impositions from government bodies
- 3.1.3. Market Opportunities
  - 3.1.3.1. Technological advancements in CBD Formulation
  - 3.1.3.2. Rising wellness and skincare trends

Chapter 4. Global CBD Skin Care Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global CBD Skin Care Market, by Product Type

5.1. Market Snapshot
5.2. Global CBD Skin Care Market by Product Type, Performance - Potential Analysis
5.3. Global CBD Skin Care Market Estimates & Forecasts by Product Type 2020-2030 (USD Million)
5.4. CBD Skin Care Market, Sub Segment Analysis
- 5.4.1. Oils
- 5.4.2. Lotions and Creams
- 5.4.3. Masks and Serums
- 5.4.4. Bath and Soaps
- 5.4.5. Others

Chapter 6. Global CBD Skin Care Market, by Source

6.1. Market Snapshot
6.2. Global CBD Skin Care Market by Source, Performance - Potential Analysis
6.3. Global CBD Skin Care Market Estimates & Forecasts by Source 2020-2030 (USD Million)
6.4. CBD Skin Care Market, Sub Segment Analysis
- 6.4.1. Hemp
- 6.4.2. Marijuana

Chapter 7. Global CBD Skin Care Market, by Distribution Channel

7.1. Market Snapshot
7.2. Global CBD Skin Care Market by Distribution Channel, Performance - Potential Analysis
7.3. Global CBD Skin Care Market Estimates & Forecasts by Distribution Channel 2020-2030 (USD Million)
7.4. CBD Skin Care Market, Sub Segment Analysis
- 7.4.1. Departmental Stores
- 7.4.2. E-Commerce
- 7.4.3. Hypermarkets/Supermarkets
- 7.4.4. Retail Pharmacies
- 7.4.5. Others

Chapter 8. Global CBD Skin Care Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. CBD Skin Care Market, Regional Market Snapshot
8.4. North America CBD Skin Care Market
- 8.4.1. U.S. CBD Skin Care Market
  - 8.4.1.1. Product Type breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Source breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. Distribution Channel breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada CBD Skin Care Market
8.5. Europe CBD Skin Care Market Snapshot
- 8.5.1. U.K. CBD Skin Care Market
- 8.5.2. Germany CBD Skin Care Market
- 8.5.3. France CBD Skin Care Market
- 8.5.4. Spain CBD Skin Care Market
- 8.5.5. Italy CBD Skin Care Market
- 8.5.6. Rest of Europe CBD Skin Care Market
8.6. Asia-Pacific CBD Skin Care Market Snapshot
- 8.6.1. China CBD Skin Care Market
- 8.6.2. India CBD Skin Care Market
- 8.6.3. Japan CBD Skin Care Market
- 8.6.4. Australia CBD Skin Care Market
- 8.6.5. South Korea CBD Skin Care Market
- 8.6.6. Rest of Asia Pacific CBD Skin Care Market
8.7. Latin America CBD Skin Care Market Snapshot
- 8.7.1. Brazil CBD Skin Care Market
- 8.7.2. Mexico CBD Skin Care Market
8.8. Middle East & Africa CBD Skin Care Market
- 8.8.1. Saudi Arabia CBD Skin Care Market
- 8.8.2. South Africa CBD Skin Care Market
- 8.8.3. Rest of Middle East & Africa CBD Skin Care Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Populum (Kapu Maku LLC)
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. Sephora USA, Inc.
- 9.3.3. Earthly Body
- 9.3.4. Kiehl's LLC
- 9.3.5. The CBD Skincare Co.
- 9.3.6. Cannuka, LLC
- 9.3.7. Josie Maran Cosmetics
- 9.3.8. Leef Brands Inc. (Icanic Brands Company Inc.)
- 9.3.9. Folium Biosciences
- 9.3.10. Pacific Roots LLC

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global CBD Skin Care Market, report scope
TABLE 2. Global CBD Skin Care Market estimates & forecasts by Region 2020-2030 (USD Million)
TABLE 3. Global CBD Skin Care Market estimates & forecasts by Product Type 2020-2030 (USD Million)
TABLE 4. Global CBD Skin Care Market estimates & forecasts by Source 2020-2030 (USD Million)
TABLE 5. Global CBD Skin Care Market estimates & forecasts by Distribution Channel 2020-2030 (USD Million)
TABLE 6. Global CBD Skin Care Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 7. Global CBD Skin Care Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 8. Global CBD Skin Care Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 9. Global CBD Skin Care Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 10. Global CBD Skin Care Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 11. Global CBD Skin Care Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 12. Global CBD Skin Care Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 13. Global CBD Skin Care Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 14. Global CBD Skin Care Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 15. Global CBD Skin Care Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 16. U.S. CBD Skin Care Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 17. U.S. CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 18. U.S. CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 19. Canada CBD Skin Care Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 20. Canada CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 21. Canada CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 22. UK CBD Skin Care Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 23. UK CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 24. UK CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 25. Germany CBD Skin Care Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 26. Germany CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 27. Germany CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 28. France CBD Skin Care Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 29. France CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 30. France CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 31. Italy CBD Skin Care Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 32. Italy CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 33. Italy CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 34. Spain CBD Skin Care Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 35. Spain CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 36. Spain CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 37. RoE CBD Skin Care Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 38. RoE CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 39. RoE CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 40. China CBD Skin Care Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 41. China CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 42. China CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 43. India CBD Skin Care Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 44. India CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 45. India CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 46. Japan CBD Skin Care Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 47. Japan CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 48. Japan CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 49. South Korea CBD Skin Care Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 50. South Korea CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 51. South Korea CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 52. Australia CBD Skin Care Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 53. Australia CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 54. Australia CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 55. RoAPAC CBD Skin Care Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 56. RoAPAC CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 57. RoAPAC CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 58. Brazil CBD Skin Care Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 59. Brazil CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 60. Brazil CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 61. Mexico CBD Skin Care Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 62. Mexico CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 63. Mexico CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 64. RoLA CBD Skin Care Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 65. RoLA CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 66. RoLA CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 67. Saudi Arabia CBD Skin Care Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 68. South Africa CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 69. RoMEA CBD Skin Care Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 70. List of secondary sources, used in the study of global CBD Skin Care Market
TABLE 71. List of primary sources, used in the study of global CBD Skin Care Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global CBD Skin Care Market, research methodology
FIG 2. Global CBD Skin Care Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global CBD Skin Care Market, key trends 2022
FIG 5. Global CBD Skin Care Market, growth prospects 2023-2030
FIG 6. Global CBD Skin Care Market, porters 5 force model
FIG 7. Global CBD Skin Care Market, pest analysis
FIG 8. Global CBD Skin Care Market, value chain analysis
FIG 9. Global CBD Skin Care Market by segment, 2020 & 2030 (USD Million)
FIG 10. Global CBD Skin Care Market by segment, 2020 & 2030 (USD Million)
FIG 11. Global CBD Skin Care Market by segment, 2020 & 2030 (USD Million)
FIG 12. Global CBD Skin Care Market by segment, 2020 & 2030 (USD Million)
FIG 13. Global CBD Skin Care Market by segment, 2020 & 2030 (USD Million)
FIG 14. Global CBD Skin Care Market, regional snapshot 2020 & 2030
FIG 15. North America CBD Skin Care Market 2020 & 2030 (USD Million)
FIG 16. Europe CBD Skin Care Market 2020 & 2030 (USD Million)
FIG 17. Asia pacific CBD Skin Care Market 2020 & 2030 (USD Million)
FIG 18. Latin America CBD Skin Care Market 2020 & 2030 (USD Million)
FIG 19. Middle East & Africa CBD Skin Care Market 2020 & 2030 (USD Million)