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The CBD Skin Care Product Market size was valued at USD 2297.8 million in 2023 and is projected to reach USD 22191.0 million by 2032, with a growing CAGR of 28.7% over the forecast period 2024-2032.
There is growing demand for CBD skincare, as more people become aware of the benefits associated with CBD-infused personal care items. Indeed, a brand launched in November 2022 by entrepreneurs Yann Moujawaz and Juana Martini, UAE-based Juana Skin, reflects the interest in CBD-based skincare solutions. Increased cannabis sales and cultivation in North America have also led to a strong demand for CBD skincare products, more so for serious skin conditions. Companies are responding with new innovative products. Bombay Hemp Company, for instance, in July 2021 expanded its portfolio of skincare products including facial creams and balms lotions due to high demand among consumers interested in hemp oil and CBD beauty products.
According to research, cannabis seed extract-based creams have a high preference among customers, and around 20% of consumers reported having a high demand for cannabis seed extract-based creams due to their natural ingredient composition. Public and private support for focused efforts in research along with frequent novelties of product innovation, which is precipitated by breakthroughs in modern technology across the globe, also supports this trend. Avicanna Inc. is launching its clinically tested CBD dermo-cosmetics under the 'Pura Earth' brand, which was launched in May 2021.
That sets the scene for potential cannabinoid solutions. Retailers such as Sephora and Ulta Beauty are also getting behind this emerging trend, by featuring CBD skincare products in differentiated store sections, thereby making products more accessible to shoppers. The ever-increasing market for medical and recreational cannabis use remains a key driver of product demand.
Additionally, with consumers searching for a chemical-free alternative, there is a larger macro trend toward natural skincare products. This is followed in product lines that integrate hemp, like Beardo's new personal care line launched in November 2021 and Irwin Naturals' HydroCanna line unveiled in January 2020, focusing on the therapeutic and soothing properties of CBD for various skin conditions. The increasing investment of the business entities operating in the CBD skincare market would raise the acceptance among consumers. In this regard, increasing research studies with positive results will nurture such an outcome. Therefore, the enhanced awareness and demand for healthy skincare products are quite positive for the prospect of significant growth opportunities for the CBD skincare product market soon.
Drivers
Rising Consumer Awareness and Legalization of CBD Fueling Growth in the CBD Skincare Market
The main driver behind the rise in demand for CBD skincare products is increased awareness of all the multiple benefits their use brings. These include soothing, anti-aging, skin cleansing, anti-inflammatory attributes, and antioxidant capabilities. The high antioxidant levels in hemp oil make it a popular choice to be used in skincare formulations as well. CBD also offers some other therapeutic benefits, for example, enhancing sleep and treatment of skin-related ailments such as psoriasis, acne, and eczema. The increasing trend has compelled market players to increase their product lines; for instance, in March 2022, Lotus Organics+, an Indian organic skincare brand, introduced the Hemp Youth Glow range of hemp-infused skincare products.
Mass legalization of the production of hemp and cannabidiol across the globe is hugely favoring the growth of the market. As more countries legalize CBD production, more access has been made to the products, thereby fueling market growth. More than 40 countries, according to the United Nations Conference on Trade and Development, had been involved in the production of hemp and cannabidiol by 2021. Large companies are involving themselves with raw material suppliers to better enhance production and sales. An example of this is Kulture Wave Beauty, a beauty company based in the US, which was established by famous rapper Cardi B. The company has just recently partnered in March 2023 with Hemp, Inc. as its premium hemp supplier. This partnership will provide CBD and MCT oil to KWB's skincare and feminine hygiene lines. In July 2022, Australian medical cannabis company Can Global announced its CBD-hemp skincare brand, Fuss Pot, which premiered with a lineup of products designed to fight aging and repair the skin.
Restraints
Complex Government Regulations Impeding Market Growth
By Product
In 2023, the oils category dominated the CBD skincare market with a market share of more than 38.8%. The high efficacy of CBD from the hemp source enables these to fight numerous issues related to the skin, such as dryness, aging, and acne. For example, in September 2020, Amway rolled out its line of products to ensure glowing skin, among which was the CBD facial oil to create bright and glowing skin. A growth driver for the industry includes technological improvements in manufacturing. The further technical improvements aimed towards minimizing waste and reducing production costs, along with the increment of industrialization, have increased the scope of applying hemp-based products to various industries, which may favorably impact the market outlook.
Masks and serums should carry the highest CAGR of all during 2024. Such a trend is cherished as deeper levels of facial mask sheets and serums penetrate the skin layer with ease. For instance, in August 2020, Czech-based Moia Elixirs created a nanofiber face mask infused with cannabidiol, which activates upon contact with water to achieve a very impressive absorption rate of 97%. The same improvement in the outlook from a continuous technology and strong investment in research and development perspective will remain the biggest contributors to this segment's growth prospects in the future.
By Distribution Channel
The department stores segment accounted for the largest share of total revenue, surpassing 29.0% in 2023. The company has recorded growth in this business because more and more consumers have been preferring department stores as their top destination for shopping for beauty and personal care products. Shopify reported in February 2022 that 54% of consumers are likely to browse skincare products online before purchasing them in a physical store, which would include department stores. This allows the customer to easily decide on their purchase of skin care needs since such retailers have varieties.
The e-commerce segment is expected to record the highest CAGR during the forecast period. The massive growth in the e-commerce sector for personal care and skin care products has brought forth companies to sell products online across various platforms and shopping applications, thereby increasing visibility among customers. Recently, Can Global, a medical cannabis company, launched Fuss Pot, its CBD-hemp skincare brand, in stores as well as online. It has two separate lines of skincare: the hemp-based range for aging and the CBD-based line for repair. Cleansers, serums, creams, and body oils are available through the product lines.
By Source
Hemp-based products segment dominated the market in 2023 with more than 63.5% of the share due to high fatty acid content in hemp that gives aging skin a healthy appearance, provides moisturization, free radical defense, and healthy cell function. Hemp-infused products are also very effective at soothing and rejuvenating dry and damaged skin, hence reducing discomfort. For instance, in November 2022, Lotus introduced the 'Hemp Youth Glow' range that incorporates organic cold-pressed hemp seed oil. Such products also contribute majorly to anti-aging-related issues that are going to see their demand in the coming times.
Conversely, marijuana-based products are going to face sheer growth shortly. These products help reduce the production of sebum, reduce cellular inflammation, reduce redness, and inhibit itching. They further enhance the body's innate healing capability of the skin and shorten the periods for which they remain during an outbreak; therefore, they are more appealing. The most significant example is the Elemental Skincare series that Nature of Things released in April 2021, comprising face creams designed for different types of skin, that include constituents like vitamin C, cannabis, and squalene.
In 2023, North America accounted for the largest market share, exceeding 40.0%. The high demand for CBD skincare products in this region is primarily driven by a substantial customer base and the legalization of cannabis in both the U.S. and Canada. As reported by Esquire in July 2021, approximately 33 states and the District of Columbia have legalized cannabis, positioning the U.S. as the largest market globally. The combination of legalization and the presence of major beauty care manufacturers is expected to significantly contribute to the industry’s growth in the coming years.
Conversely, the Asia Pacific region is projected to experience the fastest compound annual growth rate (CAGR) during the forecast period. Key countries in this region, including China, India, Japan, and South Korea, are anticipated to provide promising opportunities for market expansion over the next seven years. Despite the largely illegal status of cannabis across Asia, influential beauty trends such as J-beauty and K-beauty continue to lead the global market, encouraging competitors to introduce innovative products. For example, in May 2019, MGC Pharmaceuticals launched its CBD-based skincare line in China, aiming to establish a foothold in the Asia Pacific market.
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Key Players
Cannuka, LLC
Earthly Body
Kapu Maku LLC. (Populum)
Kiehl’s
LEEF
Sephora USA, Inc.
The CBD Skincare Co
Kush Creams
Isodiol International Inc.
Endoca
Kapu Maku LLC.
LEEF organics
Lily CBD
Kana Skincare
L’Oréal SA
Elixinol
Green Growth Brands
Herbivore botanicals
IldiPekar Skin Care & Spa
Isodiol International Inc
Josie Maran Cosmetics
CBD for Life and others.
Recent Developments
In October 2022, Amanda Health, a subsidiary of Ecofibre, a prominent hemp production company, introduced Green II Gold, a new CBD-based skincare line designed for spas and salons. This product line features full-spectrum hemp extract combined with botanical-based ingredients.
In November 2022, Juana Skin launched its product line in the Middle East with the approval of Dubaian authorities, marking the introduction of CBD (cannabidiol) to consumers in the region. The range includes night creams, brightening moisturizers, body butter, and face oils. The company's strategy focuses on entering a previously closed market rather than competing in areas where consumers already have ample choices.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | USD 2297.8 Million |
| Market Size by 2032 | USD 22191.0 Million |
| CAGR | CAGR of 28.7% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Product (Oils, Creams & Moisturizers, Masks & Serums, Cleansers, Others) • By Distribution Channel (Department Stores, Hypermarkets/Supermarkets, E-commerce, Retail Pharmacies, Others) • By Source (Hemp, Marijuana) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia-Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia-Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Cannuka, LLC, Earthly Body, Josie Maran, Kapu Maku LLC. (Populum), Kiehl’s, LEEF, Lord Jones, Sephora USA, Inc., The CBD Skincare Co, Kush Creams, Isodiol International Inc., Endoca, Kapu Maku LLC., LEEF organics, Vertly, Lily CBD, Kana Skincare, L’Oréal SA, Elixinol, Green Growth Brands, Herbivore botanicals, IldiPekar Skin Care & Spa, Isodiol International Inc, Josie Maran Cosmetics, CBD for Life and Others |
| Key Drivers | • Rising Consumer Awareness and Legalization of CBD Fueling Growth in the CBD Skincare Market |
| Restraints | • Complex Government Regulations Impeding Market Growth |
The Size of CBD Skin Care Product Market was valued at USD 2297.8 million in 2023.
CBD For Life LLC, Cannuka, LLC, L'Oréal S.A., The Elixinol Group, Endoca BV, Green Growth Brands, Kana Skincare, KIEHL'S LLC (L'ORÉAL), LEEF ORGANICS LTD, Lord Jones, Medical Marijuana, Inc, Redwood Wellness LLC, Vertly Hemp, Marijuana Company Of America Inc., Myaderm, The CBD Skincare Company, Estée Lauder Companies are the leading companies in the CBD skin care sector.
Top-down, bottom-up, Quantitative, Qualitative Research, Descriptive, Analytical, Applied, and Fundamental Research.
Yes, this report covers qualitative and quantitative analysis.
In the approaching years, North America and Europe will give additional business chances for CBD Skin Care goods. In the future, the United States and the EU5 countries will be the major consumers of CBD skin care products.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Incidence and Prevalence (2023)
5.2 Prescription Trends, (2023), by Region
5.3 Drug Volume: Production and usage volumes of pharmaceuticals.
5.4 Healthcare Spending: Expenditure data by government, insurers, and out-of-pocket by patients.
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion plans and new Product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. CBD Skincare Product Market Segmentation, by Product
7.1 Chapter Overview
7.2 Oils
7.2.1 Oils Market Trends Analysis (2020-2032)
7.2.2 Oils Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Creams & Moisturizers
7.3.1 Creams & Moisturizers Market Trends Analysis (2020-2032)
7.3.2 Creams & Moisturizers Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Masks & Serums
7.4.1 Masks & Serums Market Trends Analysis (2020-2032)
7.4.2 Masks & Serums Market Size Estimates and Forecasts to 2032 (USD Billion)
7.5 Cleansers
7.5.1 Cleansers Market Trends Analysis (2020-2032)
7.5.2 Cleansers Market Size Estimates and Forecasts to 2032 (USD Billion)
7.6 Others
7.6.1 Others Market Trends Analysis (2020-2032)
7.6.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
8. CBD Skincare Product Market Segmentation, by Distribution Channel
8.1 Chapter Overview
8.2 Department Stores
8.2.1 Department Stores Market Trends Analysis (2020-2032)
8.2.2 Department Stores Market Size Estimates and Forecasts to 2032 (USD Million)
8.3 Hypermarkets/Supermarkets
8.3.1 Hypermarkets/Supermarkets Market Trends Analysis (2020-2032)
8.3.2 Hypermarkets/Supermarkets Market Size Estimates and Forecasts to 2032 (USD Million)
8.4 E-commerce
8.4.1 E-commerce Market Trends Analysis (2020-2032)
8.4.2 E-commerce Market Size Estimates and Forecasts to 2032 (USD Million)
8.5 Retail Pharmacies
8.5.1 Retail Pharmacies Market Trends Analysis (2020-2032)
8.5.2 Retail Pharmacies Market Size Estimates and Forecasts to 2032 (USD Million)
8.6 Others
8.6.1 Others Market Trends Analysis (2020-2032)
8.6.2 Others Market Size Estimates and Forecasts to 2032 (USD Million)
9. CBD Skincare Product Market Segmentation, by Source
9.1 Chapter Overview
9.2 Hemp
9.2.1 Hemp Market Trends Analysis (2020-2032)
9.2.2 Hemp Market Size Estimates and Forecasts to 2032 (USD Million)
9.3 Marijuana
9.3.1 Marijuana Market Trends Analysis (2020-2032)
9.3.2 Marijuana Market Size Estimates and Forecasts to 2032 (USD Million)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America CBD Skincare Product Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
10.2.3 North America CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.2.4 North America CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.2.5 North America CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.2.6 USA
10.2.6.1 USA CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.2.6.2 USA CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.2.6.3 USA CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.2.7 Canada
10.2.7.1 Canada CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.2.7.2 Canada CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.2.7.3 Canada CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.2.8 Mexico
10.2.8.1 Mexico CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.2.8.2 Mexico CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.2.8.3 Mexico CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Trends Analysis
10.3.1.2 Eastern Europe CBD Skincare Product Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
10.3.1.3 Eastern Europe CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.3.1.4 Eastern Europe CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.3.1.5 Eastern Europe CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.3.1.6 Poland
10.3.1.6.1 Poland CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.3.1.6.2 Poland CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.3.1.6.3 Poland CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.3.1.7 Romania
10.3.1.7.1 Romania CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.3.1.7.2 Romania CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.3.1.7.3 Romania CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.3.1.8 Hungary
10.3.1.8.1 Hungary CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.3.1.8.2 Hungary CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.3.1.8.3 Hungary CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.3.1.9 turkey
10.3.1.9.1 Turkey CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.3.1.9.2 Turkey CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.3.1.9.3 Turkey CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.3.1.10 Rest of Eastern Europe
10.3.1.10.1 Rest of Eastern Europe CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.3.1.10.2 Rest of Eastern Europe CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.3.1.10.3 Rest of Eastern Europe CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.3.2 Western Europe
10.3.2.1 Trends Analysis
10.3.2.2 Western Europe CBD Skincare Product Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
10.3.2.3 Western Europe CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.3.2.4 Western Europe CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.3.2.5 Western Europe CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.3.2.6 Germany
10.3.2.6.1 Germany CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.3.2.6.2 Germany CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.3.2.6.3 Germany CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.3.2.7 France
10.3.2.7.1 France CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.3.2.7.2 France CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.3.2.7.3 France CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.3.2.8 UK
10.3.2.8.1 UK CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.3.2.8.2 UK CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.3.2.8.3 UK CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.3.2.9 Italy
10.3.2.9.1 Italy CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.3.2.9.2 Italy CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.3.2.9.3 Italy CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.3.2.10 Spain
10.3.2.10.1 Spain CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.3.2.10.2 Spain CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.3.2.10.3 Spain CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.3.2.11 Netherlands
10.3.2.11.1 Netherlands CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.3.2.11.2 Netherlands CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.3.2.11.3 Netherlands CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.3.2.12 Switzerland
10.3.2.12.1 Switzerland CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.3.2.12.2 Switzerland CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.3.2.12.3 Switzerland CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.3.2.13 Austria
10.3.2.13.1 Austria CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.3.2.13.2 Austria CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.3.2.13.3 Austria CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.3.2.14 Rest of Western Europe
10.3.2.14.1 Rest of Western Europe CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.3.2.14.2 Rest of Western Europe CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.3.2.14.3 Rest of Western Europe CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.4 Asia Pacific
10.4.1 Trends Analysis
10.4.2 Asia Pacific CBD Skincare Product Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
10.4.3 Asia Pacific CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.4.4 Asia Pacific CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.4.5 Asia Pacific CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.4.6 China
10.4.6.1 China CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.4.6.2 China CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.4.6.3 China CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.4.7 India
10.4.7.1 India CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.4.7.2 India CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.4.7.3 India CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.4.8 Japan
10.4.8.1 Japan CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.4.8.2 Japan CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.4.8.3 Japan CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.4.9 South Korea
10.4.9.1 South Korea CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.4.9.2 South Korea CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.4.9.3 South Korea CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.4.10 Vietnam
10.4.10.1 Vietnam CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.4.10.2 Vietnam CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.4.10.3 Vietnam CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.4.11 Singapore
10.4.11.1 Singapore CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.4.11.2 Singapore CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.4.11.3 Singapore CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.4.12 Australia
10.4.12.1 Australia CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.4.12.2 Australia CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.4.12.3 Australia CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.4.13 Rest of Asia Pacific
10.4.13.1 Rest of Asia Pacific CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.4.13.2 Rest of Asia Pacific CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.4.13.3 Rest of Asia Pacific CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.5 Middle East and Africa
10.5.1 Middle East
10.5.1.1 Trends Analysis
10.5.1.2 Middle East CBD Skincare Product Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
10.5.1.3 Middle East CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.5.1.4 Middle East CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.5.1.5 Middle East CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.5.1.6 UAE
10.5.1.6.1 UAE CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.5.1.6.2 UAE CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.5.1.6.3 UAE CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.5.1.7 Egypt
10.5.1.7.1 Egypt CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.5.1.7.2 Egypt CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.5.1.7.3 Egypt CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.5.1.8 Saudi Arabia
10.5.1.8.1 Saudi Arabia CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.5.1.8.2 Saudi Arabia CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.5.1.8.3 Saudi Arabia CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.5.1.9 Qatar
10.5.1.9.1 Qatar CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.5.1.9.2 Qatar CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.5.1.9.3 Qatar CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.5.1.10 Rest of Middle East
10.5.1.10.1 Rest of Middle East CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.5.1.10.2 Rest of Middle East CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.5.1.10.3 Rest of Middle East CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.5.2 Africa
10.5.2.1 Trends Analysis
10.5.2.2 Africa CBD Skincare Product Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
10.5.2.3 Africa CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.5.2.4 Africa CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.5.2.5 Africa CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.5.2.6 South Africa
10.5.2.6.1 South Africa CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.5.2.6.2 South Africa CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.5.2.6.3 South Africa CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.5.2.7 Nigeria
10.5.2.7.1 Nigeria CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.5.2.7.2 Nigeria CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.5.2.7.3 Nigeria CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.5.2.8 Rest of Africa
10.5.2.8.1 Rest of Africa CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.5.2.8.2 Rest of Africa CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.5.2.8.3 Rest of Africa CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America CBD Skincare Product Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
10.6.3 Latin America CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.6.4 Latin America CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.6.5 Latin America CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.6.6 Brazil
10.6.6.1 Brazil CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.6.6.2 Brazil CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.6.6.3 Brazil CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.6.7 Argentina
10.6.7.1 Argentina CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.6.7.2 Argentina CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.6.7.3 Argentina CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.6.8 Colombia
10.6.8.1 Colombia CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.6.8.2 Colombia CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.6.8.3 Colombia CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.6.9 Rest of Latin America
10.6.9.1 Rest of Latin America CBD Skincare Product Market Estimates and Forecasts, by Product (2020-2032) (USD Million)
10.6.9.2 Rest of Latin America CBD Skincare Product Market Estimates and Forecasts, by Distribution Channel (2020-2032) (USD Million)
10.6.9.3 Rest of Latin America CBD Skincare Product Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
11. Company Profiles
11.1 Cannuka, LLC
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Products/ Services Offered
11.1.4 SWOT Analysis
11.2 Earthly Body
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Products/ Services Offered
11.2.4 SWOT Analysis
11.3 Josie Maran
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Products/ Services Offered
11.3.4 SWOT Analysis
11.4 Green Growth Brands
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Products/ Services Offered
11.4.4 SWOT Analysis
11.5 Kana Skincare
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Products/ Services Offered
11.5.4 SWOT Analysis
11.6 L’Oréal SA
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Products/ Services Offered
11.6.4 SWOT Analysis
11.7 LEEF organics
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Products/ Services Offered
11.7.4 SWOT Analysis
11.8 Herbivore botanicals
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Products/ Services Offered
11.8.4 SWOT Analysis
11.9 Lily CBD
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Products/ Services Offered
11.9.4 SWOT Analysis
11.10 Kiehl’s
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Products/ Services Offered
11.10.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segmentation
By Product
Oils
Creams & Moisturizers
Masks & Serums
Cleansers
Others
By Distribution Channel
Department Stores
Hypermarkets/Supermarkets
E-commerce
Retail Pharmacies
Others
By Source
Hemp
Marijuana
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of the product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
The Period Panties Market Size was valued at USD 111.40 Million in 2023 and is expected to reach USD 420.77 Million by 2032 and grow at a CAGR of 16.81% over the forecast period 2024-2032.
The global blood testing market was valued at USD 91.43 Bn in 2023 and is expected to reach USD 169.15 Bn by 2032, growing at a CAGR of 7.08% from 2024 to 2032.
The Disposable Medical Pulp Container Market Size was valued at USD 1.39 Billion in 2023, and will reach USD 3.27 Bn by 2032, and grow at a CAGR of 10.48% Over the Forecast Period of 2024-2032.
The Nebulizer Market Size was estimated at USD 1.16 billion in 2023 and is poised to reach 2.05 billion in 2032 at a CAGR of 6.57% by 2024-2031.
The Operating Room Management Market Size was valued at USD 2.80 billion in 2023, and is expected to reach USD 7.06 billion by 2031 and grow at a CAGR of 12.24% over the forecast period 2024-2031.
The Ventilator Market, valued at USD 4.1 Billion in 2023, is anticipated to achieve a valuation of USD 7.22 Billion by 2032, experiencing a compound annual growth rate (CAGR) of 6.5% throughout the forecast period from 2024 to 2032.
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