CBD Skin Care Market Growth, Demand and Challenges of the Key Industry Players 2032 - PowerPoint PPT Presentation

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CBD Skin Care Market Growth, Demand and Challenges of the Key Industry Players 2032

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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:- – PowerPoint PPT presentation

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Title: CBD Skin Care Market Growth, Demand and Challenges of the Key Industry Players 2032


1
Global CBD Skin Care Market Research and Forecast
Report 2024-2032
  • Format PDFEXCEL

2023 IMARC All Rights Reserved
2
About IMARC Group
  • International Market Analysis Research and
    Consulting Group is a leading adviser on
    management strategy and market research
    worldwide. We partner with clients in all regions
    and industry verticals to identify their
    highest-value opportunities, address their most
    critical challenges, and transform their
    businesses.
  • IMARCs information products include major
    market, scientific, economic and technological
    developments for business leaders in
    pharmaceutical, industrial, and high technology
    organizations. Market forecasts and industry
    analysis for biotechnology, advanced materials,
    chemicals, food and beverage, travel and tourism,
    nanotechnology and novel processing methods are
    at the top of the companys expertise.
  • IMARCs tailored approach combines unfathomable
    insight into the dynamics of companies and
    markets with close cooperation at all levels of
    the client organization. This ensures that our
    clients achieve unmatchable competitive
    advantage, build more proficient organizations,
    and secure lasting results.

3
Report Highlight and Description
  • According to the latest report by IMARC Group,
    titled "CBD Skin Care Market Global Industry
    Trends, Share, Size, Growth, Opportunity and
    Forecast 2024-2032," the global CBD skin care
    market size reached US 1.6 Billion in 2023.
  • Factors Affecting the Growth of the CBD Skin Care
    Industry
  • Growing Consumer Awareness and Acceptance
  • The skincare industry is witnessing a
    transformative shift as consumers are recognizing
    and embracing the potential health benefits of
    CBD, particularly its anti-inflammatory and
    antioxidant properties. Moreover, the growing
    awareness is due to extensive media coverage,
    scientific research, and anecdotal evidence
    praising CBD's efficacy in addressing various
    skin concerns, such as acne, eczema, and
    psoriasis, thus representing another major
    growth-inducing factor.
  • As individuals continue to seek natural, holistic
    approaches to skincare, CBD is emerging as a
    compelling ingredient, offering a blend of
    therapeutic benefits aligned with the growing
    trend toward wellness-oriented beauty routines.
    This shift is a significant movement toward more
    informed skincare choices, with consumers
    actively seeking out products that enhance their
    appearance, thus creating a positive market
    outlook.

4
Report Highlight and Description
  • Rising Demand for Natural and Organic Products
  • The global shift toward sustainability and
    wellness is significantly influencing consumer
    preferences, steering them toward natural and
    organic skincare solutions. Additionally,
    consumers are meticulous about the ingredients in
    their skincare products, opting for formulations
    that are effective, safe, and environmentally
    friendly, thus contributing to the market growth.
  • Moreover, the appeal of CBD-infused products is
    further enhanced by its association with
    eco-conscious cultivation and processing
    practices, aligning with the broader consumer
    demand for transparency, traceability, and
    ethical responsibility in skincare products. This
    trend also reflects a deeper, value-driven
    consumer engagement with skincare, where the
    choice of ingredients such as CBD is driven by
    broader considerations of health, and wellness.
  • Innovation and Product Development
  • The skincare industry is constantly evolving
    through innovation and the development of new
    products that cater to the changing preferences
    and needs of consumers. Additionally, CBD is
    emerging as a frontier for innovation in
    skincare, offering unique properties that enable
    the creation of novel formulations.

5
Report Highlight and Description
  • Moreover, companies are using the versatile
    benefits of CBD to develop a plethora of skincare
    products, ranging from moisturizers and serums to
    balms and masks, each promising enhanced skin
    health and therapeutic benefits. As research into
    CBD's skin benefits continues to expand, it paves
    the way for further product differentiation and
    diversification, enabling brands to cater to
    numerous consumer needs and preferences while
    pushing the boundaries of traditional skincare
    solutions.
  • Request for a PDF sample of this report
    https//www.imarcgroup.com/cbd-skin-care-market/re
    questsample

6
Report Description
  • Global CBD Skin Care Market Trends
  • At present, consumers are seeking out CBD-infused
    skincare products due to their perceived benefits
    such as anti-inflammatory properties, potential
    for reducing acne, and soothing effects on
    sensitive skin. In addition, the easy
    availability of CBD skincare products through
    online channels and in brick-and-mortar retail
    stores helps to expand into traditional retail
    outlets which increases accessibility to a
    broader consumer base, contributing to the market
    growth.
  • Besides this, brands and industry organizations
    are investing in educational initiatives to raise
    awareness about the potential benefits of CBD for
    skincare and to dispel myths or misconceptions
    surrounding the ingredient, thus propelling the
    market growth.
  • 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.
  • View Report TOC, Figures and Tables
    https//www.imarcgroup.com/cbd-skin-care-market

7
Report Segmentation
  • Breakup by Product Type
  • Oils
  • Lotion and Creams
  • Masks and Serums
  • Bath and Soaps
  • Others
  • Breakup by Source
  • Hemp
  • Marijuana
  • Breakup by Price Range
  • Economic
  • Premium

8
Report Segmentation
  • Breakup by Distribution Channel
  • Hypermarkets and Supermarkets
  • Departmental Stores
  • Online Stores
  • Retail Pharmacies
  • Others
  • Breakup by Region
  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

9
Competitive Landscape with Key Players
  • Aurora Cannabis Inc.
  • Cannuka LLC
  • Canopy Growth Corporation
  • Curaleaf Holdings Inc.
  • Dixie Brands Inc.
  • Earthly Body
  • Elixinol Wellness Limited
  • High Tide Inc.
  • Kapu Maku LLC (Populum)
  • Kiehl's LLC (L'Oréal S.A.)
  • Lord Jones
  • Medical Marijuana Inc.
  • Myaderm

10
Key Questions Answered in the Report
11
Key Questions Answered in the Report
12
Table of Contents
  • 1    Preface2    Scope and Methodology    2.1  
     Objectives of the Study    2.2  
     Stakeholders    2.3    Data Sources       
    2.3.1    Primary Sources        2.3.2  
     Secondary Sources    2.4    Market Estimation 
          2.4.1    Bottom-Up Approach        2.4.2  
     Top-Down Approach    2.5    Forecasting
    Methodology3    Executive Summary4  
     Introduction    4.1    Overview    4.2    Key
    Industry Trends5    Global CBD Skin Care
    Market    5.1    Market Overview    5.2  
     Market Performance    5.3    Impact of
    COVID-19  5.4    Market Forecast
  • 6     Market Breakup by Product Type
  • 6.1 Oils
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
  • 6.2 Lotion and Creams
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
  • 6.3 Masks and Serums
  • 6.3.1 Market Trends
  • 6.3.2 Market Forecast       

13
Table of Contents
  • 6.4 Bath and Soaps
  • 6.4.1 Market Trends
  • 6.4.2 Market Forecast
  • 6.5 Others
  • 6.5.1 Market Trends
  • 6.5.2 Market Forecast
  • 7 Market Breakup by Source
  • 7.1 Hemp
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
  • 7.2 Marijuana
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
  • 8 Market Breakup by Price Range
  • 8.1 Economic
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
  • 8.2 Premium
  • 8.2.1 Market Trends

14
Disclaimer
  • 2023 IMARC All Rights Reserved
  • This Publication and all its contents unless
    otherwise mentioned are copyrighted in the name
    of International Market Analysis Research and
    Consulting (IMARC). No part of this publication
    may be reproduced, repackaged, redistributed or
    resold in whole or in any part. The publication
    may also not be used in any form or by and means
    graphic electronic or mechanical, including
    photocopying, recording, taping or by information
    storage or retrieval, or by any other form,
    without the express consent of International
    Market Analysis Research and Consulting (IMARC).
  • Disclaimer All contents and data of this
    publication, including forecasts, data analysis
    and opinion have been based on information and
    sources believed to be accurate and reliable at
    the time of publishing. International Market
    Analysis Research and Consulting makes no
    representation of warranty of any kind as to the
    accuracy or completeness of any Information
    provided. IMARC accepts no liability whatsoever
    for any loss or damage resulting from opinion,
    errors or inaccuracies if any found this
    publication.
  • IMARC, IMARC Group and Global Therapy Insight
    Series are registered trademarks of International
    Market Analysis Research and Consulting. All
    other trademarks used in this publication are
    registered trademarks of their respective
    companies.

15
Contact Us
Visit us at
https//www.imarcgroup.com
TELEPHONE 1-631-791-1145 E-MAIL
sales_at_imarcgroup.com
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