Global CBD (Cannabidiol) Infused Cosmetics Market, By Product Type (Colour Cosmetics, Skin Care, Hair Care, Bath and Shower, O.T.C. and Others), Source (Hemp and Marijuana), Category (Mass and Premium), Gender (Male and Female), Distribution Channel (Online and Offline), and Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of the Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global CBD (Cannabidiol) Infused Cosmetics Market
The CBD (cannabidiol) infused cosmetics market is expected to witness market growth at a rate of 25.0% in the forecast period of 2021 to 2028 and is expected to reach USD 4.60 billion by 2028. Data Bridge Market Research report on CBD (cannabidiol) infused cosmetics market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the demand from the men’s segment for grooming is escalating the growth of the CBD (cannabidiol) infused cosmetics market.
CBD or cannabidiol is extracted from the hemp plant. It is greatly helpful for individuals who are suffering from anxiety, insomnia, stress, and other problems. The hemp plant is similar to the marijuana plant, and both plants are a part of cannabis.
Major factors that are expected to boost the growth of the CBD (cannabidiol) infused cosmetics market in the forecast period are the rise in the development of the product portfolio and manufacturers directing the premium customers by launching the finest products. Furthermore, the increase in the acceptance of organic CBD cosmetic products is further anticipated to propel the growth of the CBD (cannabidiol) infused cosmetics market. Moreover, the growing need for the facial masks sheet and serums is estimated to further cushion the growth of the CBD (cannabidiol) infused cosmetics market. On the other hand, CBD remains an illegal industry in several countries, which further projects to impede the growth in the CBD (cannabidiol) infused cosmetics market in the timeline period.
- In addition, the investment in research and development will further provide potential opportunities for the growth of the CBD (cannabidiol) infused cosmetics market in the coming years. However, the complicated rules and regulatory strictures by the governments regarding the utilization of CBD might further challenge the growth of the CBD (cannabidiol) infused cosmetics market in the near future.
This CBD (cannabidiol) infused cosmetics market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on CBD (cannabidiol) infused cosmetics market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
CBD (Cannabidiol) Infused Cosmetics Market Scope and Market Size
The CBD (cannabidiol) infused cosmetics market is segmented on the basis of product type, source, category, gender, and distribution channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product type, the CBD (cannabidiol) infused cosmetics market is segmented into colour cosmetics, skin care, hair care, bath and shower, O.T.C. and others.
- On the basis of source, the CBD (cannabidiol) infused cosmetics market is segmented into hemp and marijuana.
- On the basis of category, the CBD (cannabidiol) infused cosmetics market is segmented into mass and premium.
- On the basis of gender, the CBD (cannabidiol) infused cosmetics market is segmented into male and female.
- On the basis of distribution channel, the CBD (cannabidiol) infused cosmetics market is segmented into online and offline.
CBD (Cannabidiol) Infused Cosmetics Market Country Level Analysis
The CBD (cannabidiol) infused cosmetics market is analysed, and market size, volume information is provided by country, product type, source, category, gender, and distribution channel as referenced above.
The countries covered in the CBD (cannabidiol) infused cosmetics market report are the U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, rest of the Middle East and Africa (M.E.A.) as a part of the Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the CBD (cannabidiol) infused cosmetics market due to the rise in the awareness of personal care. Furthermore, the occurrence of online shopping will further boost the growth of the CBD (cannabidiol) infused cosmetics market in the region during the forecast period. Asia-Pacific is projected to observe a significant growth in the CBD (cannabidiol) infused cosmetics market due to the several well-known countries focusing on the beauty business. Moreover, the occurrence of major key players around the world s further anticipated to propel the growth of the CBD (cannabidiol) infused cosmetics market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and CBD (Cannabidiol) Infused Cosmetics Market Share Analysis
The CBD (cannabidiol) infused cosmetics market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to CBD (cannabidiol) infused cosmetics market.
The major players covered in the CBD (cannabidiol) infused cosmetics market report are Cannuka, L.L.C., Cronos Group Inc., Elixinol Global Limited, ENDOCA., Isodiol International Inc., Khiron Life Sciences Corp., L’Oréal S.A., THE CBD SKINCARE CO., The Estée Lauder Companies Inc., Unilever., Kiehl’s, LEEF ORGANICS., CBD For Life, Kana Skincare, Apothecanna, Pacific Roots, LLC., CBD Care Garden, L.L.C., FOLIUM BIOSCIENCES, Nordic Oil., JOSIE MARAN COSMETICS, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (M.E.A.), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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