Global CBD Skin Care Market value, Developments, Key trends & forecast till 2024

According to a recent report published by Fast M.R, titled,  CBD Skin Care  Market 2018: Market Value, Trends, Opportunity, forecast 2018-2024, “the global Pharmaceutical Intermediates market accounted for USD XX Million in 2018 and is estimated to reach USD XX Million by 2024. Moreover, it is anticipated to flourish at a CAGR of XX% during the forecast period i.e. 2018-2024.

Global CBD skin care market accounted for USD 415.6 Million in 2018. Further, the market is expected to register a compound annual growth rate (CAGR) of 35.8% between 2019 and 2024. Factors such as increasing consumer interest in CBD infused skin care products and supportive government acts & regulations is believed to impel the growth of global CBD skin care market.

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Market Insights

Growth Drivers – CBD Skin Care Market

Increasing Awareness Regarding Benefits of CBD

Growing awareness regarding skin benefits has increased the consumer base of CBD based products across the globe. This factor is anticipated to positively impact the growth of global CBD skin care market during the forecast period. Further, legalization of CBD through Farm Act, 2018 coupled with increasing adoption of CBD infused skin care products in United States is also believed to significantly contribute to the growth of CBD skin care market.

Innovation in Products

Increasing expenditure in research & development and launch of new products is anticipated to drive the growth of global CBD skin care market in the upcoming years. Several manufacturers of CBD skin care are focusing on launch of new innovative products to increase their market share. For instance, on June 6, 2019, CBD Brands Inc., announced the launch of CaniSun™–a line of premium sunscreen lotions infused with pure CBD.

Barriers – CBD Skin Care Market

Stringent Regulations Regarding CBD Approval

Strict rules and regulations regarding the approval of CBD based products is one of the major factors which is restricting the growth of global CBD skin care market.  Furthermore, non-legalization of CBD in various countries across the world is also negatively impacting the growth rate of global CBD skin care market.

Segmentation Analysis

The CBD skin care market by product type is segmented into CBD oil, serum, creams & moisturizers, cleansers, sunscreens and other products. In this segment, CBD oil segment captured the largest market share in 2024.

Based on distribution channel, the CBD skin care market is further sub segmented into supermarket & hypermarket, online stores, drug stores & pharmacies, specialty outlets and others. Supermarket & hypermarket segment captured significant market share in overall CBD skin care market in 2018.

Geographical Analysis

Geographically, the report offers analysis of North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In CBD skin care market, North America dominated in 2018, acquiring significant portion of overall market. Further, North America CBD skin care market is anticipated to grow at a CAGR of 45.6% during the forecast period. Legalization of cultivation of cannabis and availability of wide range of CBD based products are substantially contributing to the growth of North America CBD skin care market. Furthermore, growing consumer base and number of startups in the region are believed to foster the growth of market. Europe & Asia Pacific CBD skin care market is poised to witness lucrative growth during the forecast period.

Competitive Analysis

The report also covers detailed competitive analysis of major market players of global CBD skin care market, such as SAINT JANE BEAUTY, Josie Maran Cosmetics, Cannuka, LLC, Green Growth Brands, Lord Jones, The CBD Skincare Company, CBD For Life, Kapu Maku LLC, Mazz Hanna, Kana Skincare and Other Prominent Players. The CBD skin care market is witnessing a wide range of industry activities such as product launch, acquisition, partnership, and expansion across the globe.

Segmentation

By Source

- Marijuana-derived CBD

- Hemp-derived CBD

By Product Type

- CBD Oil

- Serum

- Creams & Moisturizers

- Cleansers

- Sunscreens

- Other Products

By Distribution Channel

- Supermarket & Hypermarket

- Online Stores

- Drug Stores & Pharmacies

- Specialty Outlets

- Others

By Geography:

- North America (U.S. & Canada)

- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)

- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)

- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)

- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

Competitive Landscape

The report profiles various major market players such as

- SAINT JANE BEAUTY

- Josie Maran Cosmetics

- Cannuka, LLC

- Green Growth Brands

- Lord Jones

- The CBD Skincare Company

- CBD For Life

- Kapu Maku LLC

- Mazz Hanna

- Kana Skincare

- CBD Brands

- Other Prominent Players

Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as financial information, revenue breakup by segment and by geography, SWOT Analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development and other market activities).

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Table of Content:

1. Preface
1.1. Research Methodology
1.1.1. Industry Research
1.1.2. Research Process and Design
1.1.2.1. Secondary Research
1.1.2.2. Key Sources and Use of Primary Research
1.1.2.3. Market Size Estimation and Forecast
1.1.2.4. Research Report
1.2. Geographic Scope
1.3. Years Considered
1.4. Key Deliverables of the Study
1.5. Assumptions and Limitations for Market Estimation and Forecasting

2. Executive Summary
2.1. Market Snapshot
2.2. Market Overview
2.3. Top Global CBD Skin Care Market Trends for 2019

3. Global Market Maturity, By Region
3.1. North America
3.2. Europe
3.3. Asia Pacific
3.4. Latin America
3.5. Middle East & Africa

4. Porter’s Five Force Analysis
4.1. Threat of Substitutes
4.2. Bargaining Power of Buyers
4.3. Bargaining Power of Suppliers
4.4. Threat of New Entrants
4.5. Degree of Competition

5. Value Chain Analysis

6. Market Dynamics
6.1. Growth Drivers & Barriers in CBD Skin Care Market
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Rest of World
6.2. Opportunities in CBD Skin Care Market

7. Global CBD Skin Care Market
7.1. Introduction
7.2. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024

8. Global CBD Skin Care Market Segmentation Analysis, By Source
8.1. Introduction
8.2. Strategic Insights
8.2.1. BPS Analysis, By Source
8.2.2. Market Attractiveness, By Source
8.3. Marijuana-derived CBD
8.3.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
8.4. Hemp-derived CBD
8.4.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024

9. Global CBD Skin Care Market Segmentation Analysis, By Product Type
9.1. Introduction
9.2. Strategic Insights
9.2.1. BPS Analysis, By Product Type
9.2.2. Market Attractiveness, By Product Type
9.3. CBD Oil
9.3.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
9.4. Serum
9.4.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
9.5. Creams & Moisturizers
9.5.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
9.6. Cleansers
9.6.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
9.7. Sunscreens
9.7.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
9.8. Other Products
9.8.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024

10. Global CBD Skin Care Market Segmentation Analysis, By Distribution Channel
10.1. Introduction
10.2. Strategic Insights
10.2.1. BPS Analysis, By Distribution Channel
10.2.2. Market Attractiveness, By Distribution Channel
10.3. Supermarket & Hypermarket
10.3.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
10.4. Online Stores
10.4.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
10.5. Drug Stores & Pharmacies
10.5.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
10.6. Specialty Outlets
10.6.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
10.7. Others
10.7.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024

11. Geographical Analysis
11.1. Introduction
11.2. North America CBD Skin Care Market Value & Forecast (USD Million) and CAGR (%), 2018-2024
11.3. Europe Market Value & Forecast (USD Million) and CAGR (%), 2018-2024
11.4. Asia Pacific Market Value & Forecast (USD Million) and CAGR (%), 2018-2024
11.5. Latin America Market Value & Forecast (USD Million) and CAGR (%), 2018-2024
11.6. Middle East & Africa Market Value & Forecast (USD Million) and CAGR (%), 2018-2024

12. North America CBD Skin Care Market
12.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
12.2. By Source
12.2.1. Introduction
12.2.2. Strategic Insights
12.2.2.1. BPS Analysis, By Source
12.2.2.2. Market Attractiveness, By Source
12.2.3. Marijuana-derived CBD
12.2.3.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
12.2.4. Hemp-derived CBD
12.2.4.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
12.3. By Product Type
12.3.1. Introduction
12.3.2. Strategic Insights
12.3.2.1. BPS Analysis, By Product Type
12.3.2.2. Market Attractiveness, By Product Type
12.3.3. CBD Oil
12.3.3.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
12.3.4. Serum
12.3.4.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
12.3.5. Creams & Moisturizers
12.3.5.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
12.3.6. Cleansers
12.3.6.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
12.3.7. Sunscreens
12.3.7.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
12.3.8. Other Products
12.3.8.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
12.4. By Distribution Channel
12.4.1. Introduction
12.4.2. Strategic Insights
12.4.2.1. BPS Analysis, By Distribution Channel
12.4.2.2. Market Attractiveness, By Distribution Channel
12.4.3. Supermarket & Hypermarket
12.4.3.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
12.4.4. Online Stores
12.4.4.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
12.4.5. Drug Stores & Pharmacies
12.4.5.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
12.4.6. Specialty Outlets
12.4.6.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
12.4.7. Others
12.4.7.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
12.5. By Country
12.5.1. Introduction
12.5.2. Strategic Insights
12.5.2.1. BPS Analysis, By Country
12.5.2.2. Market Attractiveness, By Country
12.5.3. U.S. CBD Skin Care Market
12.5.3.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
12.5.4. Canada CBD Skin Care Market
12.5.4.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024

13. Europe CBD Skin Care Market
13.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
13.2. By Source
13.2.1. Introduction
13.2.2. Strategic Insights
13.2.2.1. BPS Analysis, By Source
13.2.2.2. Market Attractiveness, By Source
13.2.3. Marijuana-derived CBD
13.2.3.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
13.2.4. Hemp-derived CBD
13.2.4.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
13.3. By Product Type
13.3.1. Introduction
13.3.2. Strategic Insights
13.3.2.1. BPS Analysis, By Product Type
13.3.2.2. Market Attractiveness, By Product Type
13.3.3. CBD Oil
13.3.3.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
13.3.4. Serum
13.3.4.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
13.3.5. Creams & Moisturizers
13.3.5.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
13.3.6. Cleansers
13.3.6.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
13.3.7. Sunscreens
13.3.7.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
13.3.8. Other Products
13.3.8.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
13.4. By Distribution Channel
13.4.1. Introduction
13.4.2. Strategic Insights
13.4.2.1. BPS Analysis, By Distribution Channel
13.4.2.2. Market Attractiveness, By Distribution Channel
13.4.3. Supermarket & Hypermarket
13.4.3.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
13.4.4. Online Stores
13.4.4.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
13.4.5. Drug Stores & Pharmacies
13.4.5.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
13.4.6. Specialty Outlets
13.4.6.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
13.4.7. Others
13.4.7.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
13.5. By Country
13.5.1. Introduction
13.5.2. Strategic Insights
13.5.2.1. BPS Analysis, By Country
13.5.2.2. Market Attractiveness, By Country
13.5.3. Germany CBD Skin Care Market
13.5.3.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
13.5.4. United Kingdom CBD Skin Care Market
13.5.4.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
13.5.5. France CBD Skin Care Market
13.5.5.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
13.5.6. Italy CBD Skin Care Market
13.5.6.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
13.5.7. Spain CBD Skin Care Market
13.5.7.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
13.5.8. Russia CBD Skin Care Market
13.5.8.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024
13.5.9. Rest of Europe CBD Skin Care Market
13.5.9.1. Market Value & Forecast (USD Million) and Y-o-Y Growth Analysis (%), 2018-2024

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