Cannabidiol (CBD) Cosmetics Market: North America to Remain Atop Growth Curve, Aided by Legalization of CBD
Active functional properties of cannabidiol such as anti-acne properties, age reversal capabilities and other skin healing elements are poised to support massive adoption rates in cannabidiol (CBD) market. Adroit Market Research finds that CBD oil has various non-intoxicating elements present in marijuana that promote skin rejuvenation. These market specific information has been extracted from a new business intelligence report to aid in futuristic business decisions. Astonishing rise in customer inclination towards organic, natural ingredients based personal care products offers ample growth impetus in global cannabidiol (CBD) cosmetics market.
Cannabidiol cosmetics market is at a very nascent stage of development and does not have sufficient data supporting the wide range efficacy of cannabidiol in medical practice. However, international organizations have affirmed its effectiveness in topical application which thus helps in market expansion of cannabidiol (CBD) cosmetics market.
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Shift towards Organic Personal Care Products to Stoke Adoption
Legalization of commercial use of cannabidiol as an essential ingredient has paved ample opportunities across several regional belts such as North America. Additionally, tremendous diversification in composition reflecting favorable segment developments are stoking the market considerably.
Advances in E-Commerce Platforms to Aid in End-Use Segment Expansion
Leading market participants are also akin on diversifying advertising initiatives and are improving omni-channel promotion. Additionally, the online sales channel is offering new market opportunities as it improves global reach. End-users are increasingly improving their online presence which is adequately supported by social media activities. With ample promotional content on cannabidiol, end-users have demonstrated an uptick in adoption. Further, e-commerce sales has skyrocketed exponentially with enormous flexibility and improved delivery. Heavy discounts, offers, and fast delivery options support e-commerce sales.
Major players operating in the CBD cosmetics market are Lord Jones, Green Growth Brands, Canuka, LLC, Kiehl’s LLC, Josie Maran Cosmetics, The CBD Skin Care Company, CBD For Life, Ildi Pekar Skin Care & Spa, Kana Skincare, Leef Organics, L’eela CBD BodyCare, FAB CBD, Elixinol Global Limited, and Charlotte’s Web Holdings Inc. among other prominent players.
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Key segments of the Global CBD Cosmetics Market
Product Type Overview, 2015-2025 (USD Million)
- Moisturizers and Creams
- Masks and Serums
- Cleansers
- Sunscreens
- Other Cosmetic Products
Source Overview, 2015-2025 (USD Million)
- Hemp
- Marijuana
Distribution Channel Overview, 2015-2025 (USD Million)
- Pharmacies
- Hypermarkets and Supermarkets
- Retail Outlets
- Online
- Others
Regional Overview, 2015-2025 (USD Million)
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- Switzerland
- France
- U.K.
- Rest of Europe
- Asia Pacific
- China
- India
- South Korea
- Australia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Israel
- Rest of MEA
Some Major Points from Table of Contents:
Chapter 8. Company Profiles
8.1. Josie Maran Cosmetics
8.1.1. Company overview
8.1.2. Product portfolio
8.1.3. Key developments
8.1.4. Financial performance
8.2. Kiehl’s LLC
8.2.1. Company overview
8.2.2. Product portfolio
8.2.3. Key developments
8.2.4. Financial performance
8.3. Cannuka, LLC
8.3.1. Company overview
8.3.2. Product portfolio
8.3.3. Key developments
8.3.4. Financial performance
8.4. Green Growth Brands
8.4.1. Company overview
8.4.2. Product portfolio
8.4.3. Key developments
8.4.4. Financial performance
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