CBD Skin Care Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2031

Description

Persistence Market Research has recently released a comprehensive report on the worldwide market for CBD skin care. The report offers a thorough assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, providing detailed insights into the market structure.

Key Insights:

CBD Skin Care Market Size (2024E): USD 4.2 Billion
Projected Market Value (2031F): USD 17.1 Billion
Global Market Growth Rate (CAGR 2024 to 2031): 22.2%

CBD Skin Care Market - Report Scope:

CBD skin care products are gaining traction due to their purported benefits, including anti-inflammatory properties, antioxidant effects, and the ability to soothe various skin conditions. The market caters to a wide range of applications, including acne treatment, anti-aging, and overall skin wellness. Market growth is driven by increasing consumer awareness of the benefits of CBD, rising legalization of cannabis-based products, and innovations in product formulations.

Market Growth Drivers:

The global CBD skin care market is propelled by several key factors, including growing awareness about the benefits of CBD in skin care products for conditions such as acne, eczema, and psoriasis. The rising demand for natural and organic skincare solutions further drives market expansion. Technological advancements in extraction and formulation processes enhance the efficacy and safety of CBD skin care products, fostering market growth. Moreover, the increasing legalization of cannabis in various regions and the growing acceptance of CBD-based products in mainstream retail channels create new avenues for market players to reach a wider consumer base.

Market Restraints:

Despite promising growth prospects, the CBD skin care market faces challenges related to regulatory compliance, consumer misconceptions, and high production costs. Stringent regulations governing the cultivation, extraction, and use of CBD impose compliance burdens on manufacturers, affecting market entry barriers and operational costs. Furthermore, the high cost of CBD extraction and the need for extensive research and testing to ensure product safety and efficacy pose challenges for market penetration, particularly in emerging economies. Addressing these regulatory and economic barriers requires collaboration between industry stakeholders and policymakers to promote access to safe and affordable CBD skin care solutions.

Market Opportunities:

The CBD skin care market presents significant growth opportunities driven by technological innovations, demographic trends, and evolving consumer preferences. The integration of CBD with other natural ingredients to create multifunctional skin care products enhances market appeal. Additionally, the expanding application of CBD beyond traditional skin care, including in therapeutic and wellness products, broadens the market scope and stimulates innovation. Strategic partnerships, investment in research and development, and the introduction of user-friendly, cost-effective CBD skin care solutions are essential to capitalize on emerging opportunities and sustain market leadership in the dynamic CBD landscape.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the CBD skin care market globally?
Which product types and applications are driving CBD adoption across different consumer segments?
How are technological advancements reshaping the competitive landscape of the CBD skin care market?
Who are the key players contributing to the CBD skin care market, and what strategies are they employing to maintain market relevance?
What are the emerging trends and future prospects in the global CBD skin care market?

Competitive Intelligence and Business Strategy:

Leading players in the global CBD skin care market, including Kiehl's LLC, Elixinol Global Limited, and Lord Jones, focus on innovation, product differentiation, and strategic partnerships to gain a competitive edge. These companies invest in R&D to develop advanced CBD skin care solutions, including CBD-infused creams, serums, and masks, catering to diverse skin care needs and preferences. Collaborations with retail giants, dermatologists, and regulatory agencies facilitate market access and promote product adoption. Moreover, emphasis on clinical research, consumer education, and sustainable practices fosters market growth and enhances consumer trust in the rapidly evolving CBD skin care landscape.

Key Companies Profiled:

Cannuka, LLC
CBD For Life
Earthly Body
Elixinol Global Limited
Endoca Company
Green Growth Brands
Herbivore botanicals
IldiPekar Skin Care & Spa
Isodiol International Inc
Kush Creams
Leela Body Care Company

CBD Skin Care Market Research Segmentation

By Product Type:

Creams
Moisturizers and Lotions
Balm
Lip Balm
Eye Balm
Serums
Face & Body Cleansers
Sunscreens
Soap
CBD Oils
Others

By Price Range:

Economic

By Packaging Type:

Pumps and Dispensers
Tubes
Jar/ Bottles
Sticks
Others

By Source Type:

Natural & Organic
Marijuana Derived CBD
Hemp-Derived CBD
Synthetic

By Region:

North America
Europe
East Asia
South Asia & Oceania
Latin America
Middle East & Africa

Product Code: PMRREP33576

1. Executive Summary

1.1. Global CBD Skin Care Market Snapshot, 2024-2031
1.2. Market Opportunity Assessment, 2024-2031, US$ Mn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Product Type Lifecycle Analysis
2.4. CBD Skin Care Market: Value Chain
- 2.4.1. List of Raw Material Supplier
- 2.4.2. List of Manufacturers
- 2.4.3. List of Distributors
- 2.4.4. List of Packaging Types
- 2.4.5. Profitability Analysis
2.5. Porter Five Force's Analysis
2.6. Geopolitical Tensions: Market Impact
2.7. Macro-Economic Factors
- 2.7.1. Global Sectorial Outlook
- 2.7.2. Global GDP Growth Outlook
- 2.7.3. Global Parent Market Overview
2.8. Forecast Factors - Relevance and Impact
2.9. Regulatory and Technology Landscape

3. Global CBD Skin Care Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

3.1. Key Highlights
- 3.1.1. Market Volume (Units) Projections
- 3.1.2. Market Size and Y-o-Y Growth
- 3.1.3. Absolute $ Opportunity
3.2. Market Size (US$ Bn) Analysis and Forecast
- 3.2.1. Historical Market Size Analysis, 2019-2023
- 3.2.2. Current Market Size Forecast, 2024-2031
3.3. Global CBD Skin Care Market Outlook: Product Type
- 3.3.1. Introduction / Key Findings
- 3.3.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Product Type, 2019-2023
- 3.3.3. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2024-2031
  - 3.3.3.1. Moisturizers and Lotions
  - 3.3.3.2. Balm
  - 3.3.3.3. Lip Balm
  - 3.3.3.4. Eye Balm
  - 3.3.3.5. Serums
  - 3.3.3.6. Face & Body Cleansers
  - 3.3.3.7. Sunscreens
  - 3.3.3.8. Soap
  - 3.3.3.9. CBD Oils
  - 3.3.3.10. Others
3.4. Market Attractiveness Analysis: Product Type
3.5. Global CBD Skin Care Market Outlook: Price Range
- 3.5.1. Introduction / Key Findings
- 3.5.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Price Range, 2019-2023
- 3.5.3. Current Market Size (US$ Bn) and Volume (Units) Forecast By Price Range, 2024-2031
  - 3.5.3.1. Economic
3.6. Market Attractiveness Analysis: Price Range
3.7. Global CBD Skin Care Market Outlook: Packaging Type
- 3.7.1. Introduction / Key Findings
- 3.7.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Packaging Type, 2019-2023
- 3.7.3. Current Market Size (US$ Bn) and Volume (Units) Forecast By Packaging Type, 2024-2031
  - 3.7.3.1. Pumps and Dispensers
  - 3.7.3.2. Tubes
  - 3.7.3.3. Jar/ Bottles
  - 3.7.3.4. Sticks
  - 3.7.3.5. Others
3.8. Market Attractiveness Analysis: Packaging Type
3.9. Global CBD Skin Care Market Outlook: Source Type
- 3.9.1. Introduction / Key Findings
- 3.9.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Source Type, 2019-2023
- 3.9.3. Current Market Size (US$ Bn) and Volume (Units) Forecast By Source Type, 2024-2031
  - 3.9.3.1. Natural & Organic
  - 3.9.3.2. Marijuana Derived CBD
  - 3.9.3.3. Hemp-Derived CBD
  - 3.9.3.4. Synthetic
3.10. Market Attractiveness Analysis: Source Type

4. Global CBD Skin Care Market Outlook: Region

4.1. Key Highlights
4.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Region, 2019-2023
4.3. Current Market Size (US$ Bn) and Volume (Units) Forecast By Region, 2024-2031
- 4.3.1. North America
- 4.3.2. Europe
- 4.3.3. East Asia
- 4.3.4. South Asia and Oceania
- 4.3.5. Latin America
- 4.3.6. Middle East & Africa (MEA)
4.4. Market Attractiveness Analysis: Region

5. North America CBD Skin Care Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

5.1. Key Highlights
5.2. Pricing Analysis
5.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019-2023
- 5.3.1. By Country
- 5.3.2. By Product Type
- 5.3.3. By Price Range
- 5.3.4. By Packaging Type
- 5.3.5. By Source Type
5.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2024-2031
- 5.4.1. U.S.
- 5.4.2. Canada
5.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2024-2031
- 5.5.1. Moisturizers and Lotions
- 5.5.2. Balm
- 5.5.3. Lip Balm
- 5.5.4. Eye Balm
- 5.5.5. Serums
- 5.5.6. Face & Body Cleansers
- 5.5.7. Sunscreens
- 5.5.8. Soap
- 5.5.9. CBD Oils
- 5.5.10. Others
5.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Price Range, 2024-2031
- 5.6.1. Economic
5.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By Packaging Type, 2024-2031
- 5.7.1. Pumps and Dispensers
- 5.7.2. Tubes
- 5.7.3. Jar/ Bottles
- 5.7.4. Sticks
- 5.7.5. Others
5.8. Current Market Size (US$ Bn) and Volume (Units) Forecast By Source Type, 2024-2031
- 5.8.1. Natural & Organic
- 5.8.2. Marijuana Derived CBD
- 5.8.3. Hemp-Derived CBD
- 5.8.4. Synthetic
5.9. Market Attractiveness Analysis

6. Europe CBD Skin Care Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

6.1. Key Highlights
6.2. Pricing Analysis
6.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019-2023
- 6.3.1. By Country
- 6.3.2. By Product Type
- 6.3.3. By Price Range
- 6.3.4. By Packaging Type
- 6.3.5. By Source Type
6.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2024-2031
- 6.4.1. Germany
- 6.4.2. France
- 6.4.3. U.K.
- 6.4.4. Italy
- 6.4.5. Spain
- 6.4.6. Russia
- 6.4.7. Turkey
- 6.4.8. Rest of Europe
6.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2024-2031
- 6.5.1. Moisturizers and Lotions
- 6.5.2. Balm
- 6.5.3. Lip Balm
- 6.5.4. Eye Balm
- 6.5.5. Serums
- 6.5.6. Face & Body Cleansers
- 6.5.7. Sunscreens
- 6.5.8. Soap
- 6.5.9. CBD Oils
- 6.5.10. Others
6.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Price Range, 2024-2031
- 6.6.1. Economic
6.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By Packaging Type, 2024-2031
- 6.7.1. Pumps and Dispensers
- 6.7.2. Tubes
- 6.7.3. Jar/ Bottles
- 6.7.4. Sticks
- 6.7.5. Others
6.8. Current Market Size (US$ Bn) and Volume (Units) Forecast By Source Type, 2024-2031
- 6.8.1. Natural & Organic
- 6.8.2. Marijuana Derived CBD
- 6.8.3. Hemp-Derived CBD
- 6.8.4. Synthetic
6.9. Market Attractiveness Analysis

7. East Asia CBD Skin Care Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

7.1. Key Highlights
7.2. Pricing Analysis
7.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019-2023
- 7.3.1. By Country
- 7.3.2. By Product Type
- 7.3.3. By Price Range
- 7.3.4. By Packaging Type
- 7.3.5. By Source Type
7.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2024-2031
- 7.4.1. China
- 7.4.2. Japan
- 7.4.3. South Korea
7.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2024-2031
- 7.5.1. Moisturizers and Lotions
- 7.5.2. Balm
- 7.5.3. Lip Balm
- 7.5.4. Eye Balm
- 7.5.5. Serums
- 7.5.6. Face & Body Cleansers
- 7.5.7. Sunscreens
- 7.5.8. Soap
- 7.5.9. CBD Oils
- 7.5.10. Others
7.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Price Range, 2024-2031
- 7.6.1. Economic
7.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By Packaging Type, 2024-2031
- 7.7.1. Pumps and Dispensers
- 7.7.2. Tubes
- 7.7.3. Jar/ Bottles
- 7.7.4. Sticks
- 7.7.5. Others
7.8. Current Market Size (US$ Bn) and Volume (Units) Forecast By Source Type, 2024-2031
- 7.8.1. Wholesalers/Retailers
- 7.8.2. Hypermarket/Supermarket
- 7.8.3. Direct Sales
- 7.8.4. Specialty Stores
- 7.8.5. Online stores
- 7.8.6. Others Source Type
7.9. Market Attractiveness Analysis

8. South Asia & Oceania CBD Skin Care Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

8.1. Key Highlights
8.2. Pricing Analysis
8.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019-2023
- 8.3.1. By Country
- 8.3.2. By Product Type
- 8.3.3. By Price Range
- 8.3.4. By Packaging Type
- 8.3.5. By Source Type
8.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2024-2031
- 8.4.1. India
- 8.4.2. Southeast Asia
- 8.4.3. ANZ
- 8.4.4. Rest of South Asia & Oceania
8.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2024-2031
- 8.5.1. Moisturizers and Lotions
- 8.5.2. Balm
- 8.5.3. Lip Balm
- 8.5.4. Eye Balm
- 8.5.5. Serums
- 8.5.6. Face & Body Cleansers
- 8.5.7. Sunscreens
- 8.5.8. Soap
- 8.5.9. CBD Oils
- 8.5.10. Others
8.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Price Range, 2024-2031
- 8.6.1. Economic
8.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By Packaging Type, 2024-2031
- 8.7.1. Pumps and Dispensers
- 8.7.2. Tubes
- 8.7.3. Jar/ Bottles
- 8.7.4. Sticks
- 8.7.5. Others
8.8. Current Market Size (US$ Bn) and Volume (Units) Forecast By Source Type, 2024-2031
- 8.8.1. Natural & Organic
- 8.8.2. Marijuana Derived CBD
- 8.8.3. Hemp-Derived CBD
- 8.8.4. Synthetic
8.9. Market Attractiveness Analysis

9. Latin America CBD Skin Care Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

9.1. Key Highlights
9.2. Pricing Analysis
9.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019-2023
- 9.3.1. By Country
- 9.3.2. By Product Type
- 9.3.3. By Price Range
- 9.3.4. By Packaging Type
- 9.3.5. By Source Type
9.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2024-2031
- 9.4.1. Brazil
- 9.4.2. Mexico
- 9.4.3. Rest of Latin America
9.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2024-2031
- 9.5.1. Moisturizers and Lotions
- 9.5.2. Balm
- 9.5.3. Lip Balm
- 9.5.4. Eye Balm
- 9.5.5. Serums
- 9.5.6. Face & Body Cleansers
- 9.5.7. Sunscreens
- 9.5.8. Soap
- 9.5.9. CBD Oils
- 9.5.10. Others
9.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Price Range, 2024-2031
- 9.6.1. Economic
9.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By Packaging Type, 2024-2031
- 9.7.1. Pumps and Dispensers
- 9.7.2. Tubes
- 9.7.3. Jar/ Bottles
- 9.7.4. Sticks
- 9.7.5. Others
9.8. Current Market Size (US$ Bn) and Volume (Units) Forecast By Source Type, 2024-2031
- 9.8.1. Natural & Organic
- 9.8.2. Marijuana Derived CBD
- 9.8.3. Hemp-Derived CBD
- 9.8.4. Synthetic
9.9. Market Attractiveness Analysis

10. Middle East & Africa CBD Skin Care Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

10.1. Key Highlights
10.2. Pricing Analysis
10.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019-2023
- 10.3.1. By Country
- 10.3.2. By Product Type
- 10.3.3. By Price Range
- 10.3.4. By Packaging Type
- 10.3.5. By Source Type
10.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2024-2031
- 10.4.1. GCC
- 10.4.2. Egypt
- 10.4.3. South Africa
- 10.4.4. Northern Africa
- 10.4.5. Rest of Middle East & Africa
10.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2024-2031
- 10.5.1. Moisturizers and Lotions
- 10.5.2. Balm
- 10.5.3. Lip Balm
- 10.5.4. Eye Balm
- 10.5.5. Serums
- 10.5.6. Face & Body Cleansers
- 10.5.7. Sunscreens
- 10.5.8. Soap
- 10.5.9. CBD Oils
- 10.5.10. Others
10.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Price Range, 2024-2031
- 10.6.1. Economic
10.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By Packaging Type, 2024-2031
- 10.7.1. Pumps and Dispensers
- 10.7.2. Tubes
- 10.7.3. Jar/ Bottles
- 10.7.4. Sticks
- 10.7.5. Others
10.8. Current Market Size (US$ Bn) and Volume (Units) Forecast By Source Type, 2024-2031
- 10.8.1. Natural & Organic
- 10.8.2. Marijuana Derived CBD
- 10.8.3. Hemp-Derived CBD
- 10.8.4. Synthetic
10.9. Market Attractiveness Analysis

11. Competition Landscape

11.1. Market Share Analysis, 2024
11.2. Market Structure
- 11.2.1. Competition Intensity Mapping By Market
- 11.2.2. Competition Dashboard
- 11.2.3. Apparent Product Capacity
11.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 11.3.1. Cannuka, LLC
  - 11.3.1.1. Overview
  - 11.3.1.2. Segments and Product
  - 11.3.1.3. Key Financials
  - 11.3.1.4. Market Developments
  - 11.3.1.5. Market Strategy
- 11.3.2. CBD For Lif
  - 11.3.2.1. Overview
  - 11.3.2.2. Segments and Product
  - 11.3.2.3. Key Financials
  - 11.3.2.4. Market Developments
  - 11.3.2.5. Market Strategy
- 11.3.3. Earthly Body
  - 11.3.3.1. Overview
  - 11.3.3.2. Segments and Product
  - 11.3.3.3. Key Financials
  - 11.3.3.4. Market Developments
  - 11.3.3.5. Market Strategy
- 11.3.4. Elixinol Global Limited
  - 11.3.4.1. Overview
  - 11.3.4.2. Segments and Product
  - 11.3.4.3. Key Financials
  - 11.3.4.4. Market Developments
  - 11.3.4.5. Market Strategy
- 11.3.5. Endoca Company
  - 11.3.5.1. Overview
  - 11.3.5.2. Segments and Product
  - 11.3.5.3. Key Financials
  - 11.3.5.4. Market Developments
  - 11.3.5.5. Market Strategy
- 11.3.6. Green Growth Brands
  - 11.3.6.1. Overview
  - 11.3.6.2. Segments and Product
  - 11.3.6.3. Key Financials
  - 11.3.6.4. Market Developments
  - 11.3.6.5. Market Strategy
- 11.3.7. Herbivorebotanicals
  - 11.3.7.1. Overview
  - 11.3.7.2. Segments and Product
  - 11.3.7.3. Key Financials
  - 11.3.7.4. Market Developments
  - 11.3.7.5. Market Strategy
- 11.3.8. IldiPekar Skin Care & Spa
  - 11.3.8.1. Overview
  - 11.3.8.2. Segments and Product
  - 11.3.8.3. Key Financials
  - 11.3.8.4. Market Developments
  - 11.3.8.5. Market Strategy
- 11.3.9. Isodiol International Inc
  - 11.3.9.1. Overview
  - 11.3.9.2. Segments and Product
  - 11.3.9.3. Key Financials
  - 11.3.9.4. Market Developments
  - 11.3.9.5. Market Strategy
- 11.3.10. Kush Product Types
  - 11.3.10.1. Overview
  - 11.3.10.2. Segments and Product
  - 11.3.10.3. Key Financials
  - 11.3.10.4. Market Developments
  - 11.3.10.5. Market Strategy
- 11.3.11. Leela Body Care Company
  - 11.3.11.1. Overview
  - 11.3.11.2. Segments and Product
  - 11.3.11.3. Key Financials
  - 11.3.11.4. Market Developments
  - 11.3.11.5. Market Strategy
- 11.3.12. Others
  - 11.3.12.1. Overview
  - 11.3.12.2. Segments and Product
  - 11.3.12.3. Key Financials
  - 11.3.12.4. Market Developments
  - 11.3.12.5. Market Strategy

12. Appendix

12.1. Research Methodology
12.2. Research Assumptions
12.3. Acronyms and Abbreviations