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Global Cbd Skincare Market Forecast 2024-2032

Publisher Inkwood Research
Published Mar 15, 2024
Length 231 Pages
SKU # INKR18647225

Description

Global Cbd Skincare Market Forecast 2024-2032


KEY FINDINGS

The global CBD skincare market is anticipated to grow at a CAGR of 21.97% during the forecast period 2024-2032. The market growth is elevated by several factors: brands' investment in educating consumers about CBD benefits in skincare & beauty, growing consumer preference for natural and holistic skincare products, the rise in CBD-infused product stocking by major retailers & beauty specialty stores, and progress in clarifying CBD’s legal status across countries.

MARKET INSIGHTS

The global CBD skincare market is undergoing transformative shifts, notably with the integration of CBD into mainstream brands. This trend signifies a broader acceptance of CBD-infused skincare products, driving substantial growth in the market as major players recognize the appeal of incorporating CBD into their portfolios.

Furthermore, there is a significant market focus on transparency and third-party testing to address consumer concerns about product quality. CBD skincare brands are proactively emphasizing rigorous third-party testing, ensuring the reliability of CBD content and establishing a foundation of trust with consumers who increasingly demand transparency in their skincare choices.

However, challenges persist due to prevalent consumer misinformation and a lack of education. As interest in CBD skincare continues to elevate, it becomes imperative to bridge the knowledge gap through targeted educational initiatives. Providing accurate information empowers consumers to make informed decisions, contributing to the development of a more enlightened and confident market for CBD-infused skincare products.

REGIONAL INSIGHTS

The global CBD skincare market growth analysis includes the geographical assessment of Asia-Pacific, Europe, North America, and Rest of World. North America is the leading region in the global CBD skincare market. The region's early acceptance of CBD-infused skincare and preference for natural solutions contribute to its market dominance. In North America, sustained high demand, driven by a large customer base and widespread marijuana legalization across 33 states, is set to fuel continued market expansion.

COMPETITIVE INSIGHTS

The global CBD skincare market is marked by robust industry rivalry, with major players fiercely competing for market share and differentiating their offerings. The escalating demand for CBD-infused skincare products intensifies this competition, prompting companies to innovate and fortify their brand positions to secure a competitive edge. Some of the eminent players in the market include Cannuka LLC, CBD For Life, Elixinol Global Limited, Endoca BV, Tilray Brands Inc, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Table of Contents

231 Pages
1. Research Scope & Methodology
1.1. Study Objectives
1.2. Methodology
1.3. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
2.3. Scope Of Market
2.4. Major Market Findings
2.4.1. Integration Of Cbd In Mainstream Brands
2.4.2. Emphasis On Transparency And Third-party Testing
2.4.3. Emergence Of Cbd-based Transdermal Patches
3. Market Dynamics
3.1. Key Drivers
3.1.1. Brands Investment In Educating Consumers About Cbd Benefits In Skincare & Beauty
3.1.2. Growing Consumer Preference For Natural And Holistic Skincare Products
3.1.3. Rise In Cbd-infused Product Stocking By Major Retailers & Beauty Specialty Stores
3.1.4. Progress In Clarifying Cbd’s Legal Status Across Countries
3.2. Key Restraints
3.2.1. Consumer Misinformation And Lack Of Education
3.2.2. High-quality Cbd Extracts Can Be Expensive, Leading To Higher Product Prices
3.2.3. Stringent Regulatory Compliances Hinder Demand For Cbd Skin Care Products
4. Key Analytics
4.1. Key Market Trends
4.1.1. Cbd's Tie To Natural Ingredients Makes It Popular For Clean Beauty Seekers
4.1.2. Cbd Beauty Brands Partner With Celebrities And Influencers For Co-branded Products Or Promotions
4.1.3. Brands Experimenting With Delivery Methods Like Serums, Creams, And Masks To Provide Different Skincare Needs
4.2. Porter's Five Forces Analysis
4.2.1. Buyers Power
4.2.2. Suppliers Power
4.2.3. Substitution
4.2.4. New Entrants
4.2.5. Industry Rivalry
4.3. Growth Prospect Mapping
4.3.1. Growth Prospect Mapping For United States
4.3.2. Growth Prospect Mapping For United Kingdom
4.3.3. Country Prospect Mapping For Australia & New Zealand
4.3.4. Growth Prospect Mapping For Israel
4.4. Market Maturity Analysis
4.5. Market Concentration Analysis
4.6. Value Chain Analysis
4.6.1. Raw Material Sourcing
4.6.2. Product Formulation And Manufacturing
4.6.3. Distribution And Logistics
4.6.4. Retails & Sales
4.6.5. End-user
4.7. Key Buying Criteria
4.7.1. Cost
4.7.2. Product Features
4.7.3. Availability
4.7.4. Brand Name
5. Market By Source
5.1. Natural And Organic
5.1.1. Hemp-derived Cbd
5.1.2. Marijuana-derived Cbd
5.2. Synthetic
6. Market By User Demographic
6.1. Male
6.2. Female
7. Market By Product Type
7.1. Cbd Oil
7.2. Cream
7.3. Moisturizer And Lotions
7.4. Balm
7.4.1. Lip Balm
7.4.2. Eye Balm
7.5. Mask & Serum
7.6. Face & Body Cleanser
7.7. Soap
7.8. Other Product Types
8. Market By Price Range
8.1. Economic
8.2. Premium
9. Market By Packaging
9.1. Pump And Dispensers
9.2. Tube
9.3. Jar/Bottle
9.4. Stick
9.5. Other Packaging
10. Market By Distribution Channel
10.1. Supermarket/Hypermarket
10.2. Specialty Store
10.3. Pharmaceutical Store
10.4. Departmental Store
10.5. Online Retail
10.6. Other Distribution Channels
11. Geographical Analysis
11.1. North America
11.1.1. Market Size & Estimates
11.1.2. North America Cbd Skincare Market Drivers
11.1.3. North America Cbd Skincare Market Challenges
11.1.4. North America Cbd Skincare Market Regulatory Framework
11.1.5. Key Players In Cbd Skincare Market
11.1.6. Country Analysis
11.1.6.1. United States
11.1.6.1.1. United States Cbd Skincare Market Size & Opportunities
11.1.6.2. Canada
11.1.6.2.1. Canada Cbd Skincare Market Size & Opportunities
11.2. Europe
11.2.1. Market Size & Estimates
11.2.2. Europe Cbd Skincare Market Drivers
11.2.3. Europe Cbd Skincare Market Challenges
11.2.4. Europe Cbd Skincare Market Regulatory Framework
11.2.5. Key Players In Cbd Skincare Market
11.2.6. Country Analysis
11.2.6.1. United Kingdom
11.2.6.1.1. United Kingdom Cbd Skincare Market Size & Opportunities
11.2.6.2. Germany
11.2.6.2.1. Germany Cbd Skincare Market Size & Opportunities
11.2.6.3. France
11.2.6.3.1. France Cbd Skincare Market Size & Opportunities
11.2.6.4. Spain
11.2.6.4.1. Spain Cbd Skincare Market Size & Opportunities
11.2.6.5. Italy
11.2.6.5.1. Italy Cbd Skincare Market Size & Opportunities
11.2.6.6. Belgium
11.2.6.6.1. Belgium Cbd Skincare Market Size & Opportunities
11.2.6.7. Poland
11.2.6.7.1. Poland Cbd Skincare Market Size & Opportunities
11.2.6.8. Rest Of Europe
11.2.6.8.1. Rest Of Europe Cbd Skincare Market Size & Opportunities
11.3. Asia-pacific
11.3.1. Market Size & Estimates
11.3.2. Asia-pacific Cbd Skincare Market Drivers
11.3.3. Asia-pacific Cbd Skincare Market Challenges
11.3.4. Asia-pacific Cbd Skincare Market Regulatory Framework
11.3.5. Key Players In Cbd Skincare Market
11.3.6. Country Analysis
11.3.6.1. China
11.3.6.1.1. China Cbd Skincare Market Size & Opportunities
11.3.6.2. Japan
11.3.6.2.1. Japan Cbd Skincare Market Size & Opportunities
11.3.6.3. India
11.3.6.3.1. India Cbd Skincare Market Size & Opportunities
11.3.6.4. South Korea
11.3.6.4.1. South Korea Cbd Skincare Market Size & Opportunities
11.3.6.5. Singapore
11.3.6.5.1. Singapore Cbd Skincare Market Size & Opportunities
11.3.6.6. Thailand
11.3.6.6.1. Thailand Cbd Skincare Market Size & Opportunities
11.3.6.7. Australia & New Zealand
11.3.6.7.1. Australia & New Zealand Cbd Skincare Market Size & Opportunities
11.3.6.8. Rest Of Asia-pacific
11.3.6.8.1. Rest Of Asia Cbd Skincare Market Size & Opportunities
11.4. Rest Of World
11.4.1. Market Size & Estimates
11.4.2. Rest Of World Cbd Skincare Market Drivers
11.4.3. Rest Of World Cbd Skincare Market Challenges
11.4.4. Rest Of World Cbd Skincare Market Regulatory Framework
11.4.5. Key Players In Cbd Skincare Market
11.4.6. Regional Analysis
11.4.6.1. Latin America
11.4.6.1.1. Latin America Cbd Skincare Market Size & Opportunities
11.4.6.2. Middle East & Africa
11.4.6.2.1. Middle East & Africa Cbd Skincare Market Size & Opportunities
12. Competitive Landscape
12.1. Key Strategic Developments
12.1.1. Mergers & Acquisitions
12.1.2. Product Launches & Developments
12.1.3. Partnerships & Agreements
12.1.4. Business Expansions & Divestitures
12.2. Company Profiles
12.2.1. Cannuka Llc
12.2.1.1. Company Overview
12.2.1.2. Product List
12.2.1.3. Strengths & Challenges
12.2.2. Cbd For Life
12.2.2.1. Company Overview
12.2.2.2. Product List
12.2.2.3. Strengths & Challenges
12.2.3. Elixinol Global Limited
12.2.3.1. Company Overview
12.2.3.2. Product List
12.2.3.3. Strengths & Challenges
12.2.4. Endoca Bv
12.2.4.1. Company Overview
12.2.4.2. Product List
12.2.4.3. Strengths & Challenges
12.2.5. Earthly Body
12.2.5.1. Company Overview
12.2.5.2. Product List
12.2.5.3. Strengths & Challenges
12.2.6. Herbivore Botanicals
12.2.6.1. Company Overview
12.2.6.2. Product List
12.2.6.3. Strengths & Challenges
12.2.7. Isodiol International Inc
12.2.7.1. Company Overview
12.2.7.2. Product List
12.2.7.3. Strengths & Challenges
12.2.8. Kapu Maku Llc (Populum)
12.2.8.1. Company Overview
12.2.8.2. Product List
12.2.8.3. Strengths & Challenges
12.2.9. Kiehl's Llc
12.2.9.1. Company Overview
12.2.9.2. Product List
12.2.9.3. Strengths & Challenges
12.2.10. Medical Marijuana Inc
12.2.10.1. Company Overview
12.2.10.2. Product List
12.2.10.3. Strengths & Challenges
12.2.11. Myaderm
12.2.11.1. Company Overview
12.2.11.2. Product List
12.2.11.3. Strengths & Challenges
12.2.12. Pura Earth
12.2.12.1. Company Overview
12.2.12.2. Product List
12.2.12.3. Strengths & Challenges
12.2.13. Swiss Organic Partners Ag
12.2.13.1. Company Overview
12.2.13.2. Product List
12.2.13.3. Strengths & Challenges
12.2.14. Tilray Brands Inc
12.2.14.1. Company Overview
12.2.14.2. Product List
12.2.14.3. Strengths & Challenges
12.2.15. Vertlybalm Ltd
12.2.15.1. Company Overview
12.2.15.2. Product List
12.2.15.3. Strengths & Challenges

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