CBD Skin Care Market Size, Share & Trends Analysis Report By Source (Hemp, Marijuana), By Type (Oils, Creams & Moisturizers, Masks & Serums, Cleansers), By Region, And Segment Forecasts, 2019 - 2025

Published: Aug, 2019 | Pages: 80 | Publisher: Grand View Research
Industry: Personal Care | Report Format: Electronic (PDF)

The global cbd skin care market size is expected to reach USD 1.7 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 32.9% over the forecast period. The healing properties of CBD ingredients are expected to encourage the manufacturers to develop products infused with these ingredients, thereby driving the market in the coming years.

CBD is considered safe and effective for all skin types, but is particularly useful for people who struggle with sensitivity, inflammatory conditions, acne, and dryness related to skin. Owing to these strong inflammatory properties, CBD helps in skin's natural healing process, lowering the life span of breakouts and eczema flare-ups. CBD also showcases potential antioxidant properties that can help in counteracting signs of aging. It can even help in reducing pain caused by inflammatory skin conditions.

According to the EU cosmetic ingredient database, hempseed oil also acts as a surfactant, cleanser, emollient, and conditioner agent. Hemp molecules are very minute, which further allows it to effectively penetrate the skin and provide effective results. Hemp based products held the largest share of 62.8% in 2018 on account of high fatty acid content of the product. Hemp infused products help in reducing the discomfort by soothing and rejuvenating dry and damaged skin. They also help in controlling aging problems, which is likely to drive the application of this source.

CBD based skin care oils led the market and accounted for a share of 40.9% in 2018. This product type has been gaining an increasing popularity in the personal care market. It is highly beneficial for acne, aging, and wrinkle prone skin conditions due to its anti-inflammatory properties. CBD oil also has antioxidant attributes, which help in reducing the visible signs of aging.

North America led the market in 2018 and is expected to be the fastest growing market in the coming years. Demand for CBD skin care products from North America is expected to remain high due to the presence of a large customer base and legalization of marijuana in U.S. and Canada. Currently, about 33 states in U.S. and District of Colombia have legalized cannabis in U.S., thereby making it the largest market in the world. The legalization and presence of prominent beauty care manufacturers are expected to contribute to the market growth over the next few years.

Further key findings from the report suggest:

• The global CBD skin care market is expected to expand at a CAGR of 32.9% from 2019 to 2025, thereby reaching a value of USD 1.7 billion by 2025

• North America led the market, accounting for a share of more than 40.0% in 2018, owing to high demand and legalization of cannabis in U.S. and Canada

• Hemp based products generated a revenue of USD 147.0 million in 2018

• Some of the major players operating in the global market are Kiehl's LLC; Cannuka LLC.; Elixinol Global Limited; Medical Marijuana Inc.; Endoca LL; Lord Jones; VERTLYBALM; Kapu Maku LLC; and Leef Organics.

 Table of Contents

Chapter 1. Methodology and Scope
                  1.1. Market Segmentation & Scope
                  1.2. Market Definition
                  1.3. Information Procurement
                      1.3.1. Purchased Database
                      1.3.2. GVR's Internal Database
                      1.3.3. Secondary Sources & Third-Party Perspectives
                      1.3.4. Primary Research
                  1.4. Information Analysis 
                      1.4.1. Data Analysis Models
                  1.5. Market Formulation & Data Visualization
                  1.6. Data Validation & Publishing
Chapter 2. Executive Summary
                  2.1. Market Outlook
                  2.2. Segmental Outlook
                  2.3. Competitive Insights
Chapter 3. CBD Skin Care Market Variables, Trends & Scope
                  3.1. Market Introduction
                  3.2. Penetration & Growth Prospect Mapping
                  3.3. Industry Value Chain Analysis
                      3.3.1. Sales/Retail Channel Analysis
                      3.3.2. Profit Margin Analysis
                  3.4. Market Dynamics
                      3.4.1. Market Driver Analysis
                      3.4.2. Market Restraint Analysis
                      3.4.3. Industry Challenges
                      3.4.4. Industry Opportunities
                  3.5. Business Environment Analysis
                      3.5.1. Industry Analysis - Porter's
                          3.5.1.1. Supplier Power
                          3.5.1.2. Buyer Power
                          3.5.1.3. Substitution Threat
                          3.5.1.4. Threat from New Entrant 
                          3.5.1.5. Competitive Rivalry
                  3.6. Roadmap of CBD Skin Care Market 
                  3.7. Market Entry Strategies 
Chapter 4. Consumer Behavior Analysis
                  4.1. Consumer Trends and Preferences
                  4.2. Factors Affecting Buying Decision 
                  4.3. Consumer Product Adoption 
                  4.4. Observations & Recommendations
Chapter 5. CBD Skin Care Market: Source Estimates & Trend Analysis
                  5.1. Source Movement Analysis & Market Share, 2018 & 2025
                  5.2. Hemp 
                      5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  5.3. Marijuana
                      5.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 6. CBD Skin Care Market: Type Estimates & Trend Analysis
                  6.1. Type Movement Analysis & Market Share, 2018 & 2025
                  6.2. Oils
                      6.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  6.3. Creams & Moisturizers
                      6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  6.4. Masks & Serums
                      6.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  6.5. Cleansers
                      6.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  6.6. Others
                      6.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 7. CBD Skin Care Market: Regional Estimates & Trend Analysis
                  7.1. Regional Movement Analysis & Market Share, 2018 & 2025
                  7.2. North America
                      7.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      7.2.2. Market estimates and forecast, by type, 2015 - 2025 (USD Million)
                      7.2.3. Market estimates and forecast, by Type, 2015 - 2025 (USD Million)
                      7.2.4. U.S.
                          7.2.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.2.4.2. Market estimates and forecast, by source, 2015 - 2025 (USD Million)
                          7.2.4.3. Market estimates and forecast, by type, 2015 - 2025 (USD Million)
                  7.3. Europe
                      7.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      7.3.2. Market estimates and forecast, by source, 2015 - 2025 (USD Million)
                      7.3.3. Market estimates and forecast, by Type, 2015 - 2025 (USD Million)
                      7.3.4. U.K.
                          7.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.3.4.2. Market estimates and forecast, by source, 2015 - 2025 (USD Million)
                          7.3.4.3. Market estimates and forecast, by Type, 2015 - 2025 (USD Million)
                      7.3.5. Germany
                          7.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.3.5.2. Market estimates and forecast, by source, 2015 - 2025 (USD Million)
                          7.3.5.3. Market estimates and forecast, by Type, 2015 - 2025 (USD Million)
                  7.4. Asia Pacific
                      7.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      7.4.2. Market estimates and forecast, by source, 2015 - 2025 (USD Million)
                      7.4.3. Market estimates and forecast, by Type, 2015 - 2025 (USD Million)
                      7.4.4. China 
                          7.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.4.4.2. Market estimates and forecast, by source, 2015 - 2025 (USD Million)
                          7.4.4.3. Market estimates and forecast, by Type, 2015 - 2025 (USD Million)
                      7.4.5. India
                          7.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.4.5.2. Market estimates and forecast, by source, 2015 - 2025 (USD Million)
                          7.4.5.3. Market estimates and forecast, by Type, 2015 - 2025 (USD Million)

                  7.5. Central & South America (CSA)
                      7.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      7.5.2. Market estimates and forecast, by source, 2015 - 2025 (USD Million)
                      7.5.3. Market estimates and forecast, by Type, 2015 - 2025 (USD Million)
                  7.6. Middle East & Africa (MEA)
                      7.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      7.6.2. Market estimates and forecast, by source, 2015 - 2025 (USD Million)
                      7.6.3. Market estimates and forecast, by Type, 2015 - 2025 (USD Million)
Chapter 8. Competitive Analysis
                  8.1. Key global players, recent developments & their impact on the industry
                  8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
                  8.3. Vendor Landscape
                      8.3.1 Key company market share analysis, 2018
Chapter 9. Company Profiles
                  9.1. Kiehl's LLC
                      9.1.1. Company Overview
                      9.1.2. Financial Performance
                      9.1.3. Product Benchmarking
                      9.1.4. Strategic Initiatives
                  9.2. Cannuka LLC
                      9.2.1. Company Overview
                      9.2.2. Financial Performance
                      9.2.3. Product Benchmarking
                      9.2.4. Strategic Initiatives
                  9.3. Elixinol Global Limited
                      9.3.1. Company Overview
                      9.3.2. Financial Performance
                      9.3.3. Product Benchmarking
                      9.3.4. Strategic Initiatives
                  9.4. Medical Marijuana Inc.
                      9.4.1. Company Overview
                      9.4.2. Financial Performance
                      9.4.3. Product Benchmarking
                      9.4.4. Strategic Initiatives
                  9.5. Endoca LLC
                      9.5.1. Company Overview
                      9.5.2. Financial Performance
                      9.5.3. Product Benchmarking
                      9.5.4. Strategic Initiatives
                  9.6. Lord Jones
                      9.6.1. Company Overview
                      9.6.2. Financial Performance
                      9.6.3. Product Benchmarking
                      9.6.4. Strategic Initiatives
                  9.7. VERTLYBALM
                      9.7.1. Company Overview
                      9.7.2. Financial Performance
                      9.7.3. Product Benchmarking
                      9.7.4. Strategic Initiatives
                  9.8. The CDB Skincare Co.
                      9.8.1. Company Overview
                      9.8.2. Financial Performance
                      9.8.3. Product Benchmarking
                      9.8.4. Strategic Initiatives
                  9.9. Kapu Maku LLC
                      9.9.1. Company Overview
                      9.9.2. Financial Performance
                      9.9.3. Product Benchmarking
                      9.9.4. Strategic Initiatives
                  9.10. Leef Organics
                      9.10.1. Company Overview
                      9.10.2. Financial Performance
                      9.10.3. Product Benchmarking
                      9.10.4. Strategic Initiatives

List of Tables

1. CBD Skin Care - Key market driver analysis
2. CBD Skin Care - Key market restraint analysis
3. Global hemp based CBD skin care market estimates and forecast, 2015 - 2025 (USD Million)
4. Global marijuana based CBD skin care market estimates and forecast, 2015 - 2025 (USD Million)
5. Global CBD Skin Care market estimates and forecast by Oils, 2015 - 2025 (USD Million)
6. Global CBD Skin Care market estimates and forecast by Creams & Moisturizers, 2015 - 2025 (USD Million)
7. Global CBD Skin Care market estimates and forecast by Masks & Serums, 2015 - 2025 (USD Million)
8. Global CBD Skin Care market estimates and forecast by cleansers, 2015 - 2025 (USD Million)
9. Global CBD Skin Care market estimates and forecast by other products, 2015 - 2025 (USD Million)
10. North America CBD Skin Care market estimates and forecast, 2015 - 2025 (USD Million)
11. North America CBD Skin Care market revenue estimates and forecast by source, 2015 - 2025 (USD Million)
12. North America CBD Skin Care market revenue estimates and forecast by Type, 2015 - 2025 (USD Million)
13. U.S. CBD Skin Care market estimates and forecast, 2015 - 2025 (USD Million)
14. U.S. CBD Skin Care market revenue estimates and forecast by source, 2015 - 2025 (USD Million)
15. U.S. CBD Skin Care market revenue estimates and forecast by Type, 2015 - 2025 (USD Million)
16. Europe CBD Skin Care market estimates and forecast, 2015 - 2025 (USD Million)
17. Europe CBD Skin Care market revenue estimates and forecast by source, 2015 - 2025 (USD Million)
18. Europe CBD Skin Care market revenue estimates and forecast by Type, 2015 - 2025 (USD Million)
19. U.K. CBD Skin Care market estimates and forecast, 2015 - 2025 (USD Million)
20. U.K. CBD Skin Care market revenue estimates and forecast by source, 2015 - 2025 (USD Million)
21. U.K. CBD Skin Care market revenue estimates and forecast by Type, 2015 - 2025 (USD Million)
22. Germany CBD Skin Care market estimates and forecast, 2015 - 2025 (USD Million)
23. Germany CBD Skin Care market revenue estimates and forecast by source, 2015 - 2025 (USD Million)
24. Germany CBD Skin Care market revenue estimates and forecast by Type, 2015 - 2025 (USD Million)
25. Asia Pacific CBD Skin Care market estimates and forecast, 2015 - 2025 (USD Million)
26. Asia Pacific CBD Skin Care market revenue estimates and forecast by source, 2015 
27. Asia Pacific CBD Skin Care market revenue estimates and forecast by Type, 2015 - 2025 (USD Million)
28. China CBD Skin Care market estimates and forecast, 2015 - 2025 (USD Million)
29. China CBD Skin Care market revenue estimates and forecast by source, 2015 - 2025 (USD Million)
30. China CBD Skin Care market revenue estimates and forecast by Type, 2015 - 2025 (USD Million)
31. India CBD Skin Care market estimates and forecast, 2015 - 2025 (USD Million)
32. India CBD Skin Care market revenue estimates and forecast by source, 2015 - 2025 (USD Million)
33. India CBD Skin Care market revenue estimates and forecast by Type, 2015 - 2025 (USD Million)
34. Central & South America CBD Skin Care market estimates and forecast, 2015 - 2025 (USD Million)
35. Central & South America CBD Skin Care market revenue estimates and forecast by source, 2015 - 2025 (USD Million)
36. Central & South America CBD Skin Care market revenue estimates and forecast by Type, 2015 - 2025 (USD Million)
37. Middle East & Africa CBD Skin Care market estimates and forecast, 2015 - 2025 (USD Million)
38. Middle East & Africa CBD Skin Care market revenue estimates and forecast by source, 2015 - 2025 (USD Million)
39. Middle East & Africa CBD Skin Care market revenue estimates and forecast by Type, 2015 - 2025 (USD Million)
40. Vendor landscape

List of Figures

1. CBD Skin Care market snapshot 
2. CBD Skin Care market segmentation & scope
3. CBD Skin Care market penetration & growth prospect mapping
4. CBD Skin Care market chain analysis
5. CBD Skin Care market dynamics
6. CBD Skin Care market Porter's analysis 
7. CBD Skin Care market: Source movement analysis 
8. CBD Skin Care market: Type movement analysis 
9. CBD Skin Care market: Regional movement analysis