The Global CBD Skin Care Market is making waves, with a value of USD 635.7 Million in 2022 and a CAGR of 24.90% from 2023 to 2029, reaching nearly USD 3014.32 Million. CBD Skin Care entails the incorporation of cannabidiol, a non-psychoactive cannabis compound, into a variety of skincare products. With the introduction of technology, particularly augmented reality (AR), the market is undergoing a transformative shift. This trend revolves around giving customers immersive and personalized experiences when it comes to choosing CBD Skin Care products. Augmented reality allows for virtual product exploration, giving traditional in-store try-ons a new dimension. This technological integration not only distinguishes brands in a crowded market, but also fosters deeper connections with customers, resulting in increased brand loyalty.
CBD Skin Care Market Report Scope and Research Methodology
MMR published a CBD Skin Care Market report to help clients understand future product demand by providing valuable insights into the global CBD Skin Care industry. The report synopsis provides detailed information on market size, growth factors, statistics, key players, and a comprehensive regional and national market scenario.
The CBD Skin Care market report provides in-depth information on sales, revenue, product types, applications, and key players. It makes use of primary and secondary research, segmentation, and various forecasting methods. PESTEL analysis examines micro and macroeconomic factors, whereas SVOR analysis estimates new opportunities, strengths, and risks. The Porter Five Forces model examines key players and market competition.
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CBD Skin Care Market Regional Insights
The report compares market size, CBD Skin Care growth rate, and import-export across the following regions: North America, Europe, Asia Pacific, South America, the Middle East, and Africa.
CBD Skin Care Market Segmentation
The oils segment, by product type, is expected to grow rapidly during the forecast period. The growing consumer awareness of CBD's Skin Care benefits, combined with a growing preference for natural and nourishing products, is attributed to the segment's growth. Because of the versatility of serums and oils in addressing various skin concerns, this segment is poised for continued growth as more people embrace CBD-infused Skin Care for overall skin health. Serums and oils are designed to improve skin texture, hydration, and elasticity, providing a comprehensive approach to Skin Care. Serums and oils are highly appealing to consumers looking for simplicity in their Skin Care routines without sacrificing effectiveness due to their comprehensive nature.
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by Product Type
Oils
Lotion and Creams
Masks and Serums
Bath and Soaps
Others
by Application
Facial care
Body Care
CBD Skin Care Market Key Players
1. Cannuka, LLC
2. CBD For Life
3. Earthly Body
4. Elixinol Global Limited
5. Endoca Company
6. Green Growth Brands
7. Herbivore botanicals
8. IldiPekar Skin Care & Spa
9. Isodiol International Inc
10. Josie Maran Cosmetics
11. Kana Skin Care
12. Kapu Maku LLC (POPULUM)
13. Kiehl's LLC
14. Kush Creams
15. Leef Organics
16. Leela Body Care Company
17. Lord Jones
18. Medical Marijuana Inc
19. Myaderm
20. Peter Thomas Roth
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About Maximize Market Research:
Maximize Market Research is a market research and consulting firm with professionals from various industries. Medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems are among the industries we cover. We offer market-verified industry estimates, technical trend analysis, critical market research, strategic advice, competition analysis, production and demand analysis, and client impact studies, to name a few.
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