CBD Skin Care Market 2020-2026 is Slated to Witness Tremendous Growth | Kiehl’s, Cannuka, LLC, Elixinol Global Limited, Medical Marijuana, Inc., ENDOCA

Data Bridge Market Research has provides the Qualitative and informative knowledge by adding titled “CBD Skin Care Market By Source (Hemp, Marijuana), Type (Oil, Creams & Moisturizers, Masks & Serums, Cleansers, Others), Application (Mass Market, Smoke Shops, E-commerce, Others), Distribution (Online Sales, Offline Sales)Analysis and Forecast, 2020 – 2026”. Global CBD skin care Market is set to witness a healthy CAGR of 32.95% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Increasing awareness about the benefits of CBD infused personal care products and rising self-consciousness among population are the factor for the market growth.

Few of the leading organizations’ names are listed here- Kiehl’s, Cannuka, LLC, Elixinol Global Limited, Medical Marijuana, Inc., ENDOCA., Lord Jones., VERTLYBALM., THE CBD SKINCARE CO., LEEF ORGANICS., JOSIE MARAN COSMETICS, CBD For Life, Kana Skincare, Apothecanna, KBLCOSMETICS., Pacific Roots, LLC., CBD Care Garden, LLC, FOLIUM BIOSCIENCES, Ecogen Labs, Nordic Oil., Satliva, among others.

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Succinct Description of the Market:

CBD or cannabidiol is derived from the hemp plant. It is very beneficial for the people who are suffering from insomnia, anxiety, stress and other problems. These CBD are widely used in skin care products because they have the ability to decrease the inflammation and pain caused by inflammatory skin disorders. They also can support the skin’s natural healing process and can also decrease the lifespan of eczema/psoriasis flare-ups. Oils, masks & serum, cleansers and other are some of the common types of the CBD.

The CBD Skin Care is segmented on the basis of types and breadth of solutions offered by each of them. The first type is By Source (Hemp, Marijuana), Type (Oil, Creams & Moisturizers, Masks & Serums, Cleansers, Others), Application (Mass Market, Smoke Shops, E-commerce, Others), Distribution (Online Sales, Offline Sales)

Market Drivers:

Increasing adoption of CBD skin care products acts as a market driver
CDB skin care possess antioxidant properties counteracting the signs of aging mainly amongst the geriatric population; this factor also augments the market growth
Rising awareness about the healing nature of the product is also encouraging the manufacturer; this is another factor boosting this market growth
Increasing demand for facial masks sheet and serums will also drive the market growth
Investment in R&D along with demand of skin care products is amplifying the market growth

Market Restraints:

CBD skin care products can cause skin swelling, itching and skin peeling; this factor will hamper the market
In some countries there is still ban on the use of CBD which will hinder the market

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In this study, the years considered to estimate the market size of CBD Skin Care are as follows:

History Year: 2014-2018

Base Year: 2019

Estimated Year: 2020

Forecast Year 2020 to 2026

Crucial Market Segment details-:

By Source

Hemp
Marijuana

By Type

Oil
Creams & Moisturizers
Masks & Serums
Cleansers
Others

By Application

Mass Market
Smoke Shops
E-commerce
Others

By Distribution

Online Sales
Offline Sales

Methodologies utilized to evaluate the market-:

In May 2019, Canopy Growth Corporation announced the acquisition of This Works. This purchase is a main element of a multifaceted approach for hemp and CBD as Canopy Growth continues to construct on its highly integrated production and distribution platform. This acquisition will help the company to expand their product offering and strengthen their position in the market

In April 2019, Ovation Science Inc. announced the launch of their new line of topical skin care products mixed with cannabidiol derived from hemp called ARLO Beauty. This is the company’s new anti- aging product line which will consist of anti- aging day cream, night cream, luxurious hand & body lotion and eye cream

Research strategies and tools used-:

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Table of Contents

1 CBD Skin Care Market Overview

2 Manufacturers Profiles

3 Global CBD Skin Care Market Competitions, by Players

3.1 Global CBD Skin Care Revenue and Share by Players

3.2 Market Concentration Rate

3.2.1 Top 5 CBD Skin Care Players Market Share

3.2.2 Top 10 CBD Skin Care Players Market Share

3.3 Market Competition Trend

4 Global CBD Skin Care Market Size by Regions

5 North America CBD Skin Care Revenue by Countries

6 Europe CBD Skin Care Revenue by Countries

7 Asia-Pacific CBD Skin Care Revenue by Countries

8 South America CBD Skin Care Revenue by Countries

9 Middle East and Africa Revenue CBD Skin Care by Countries

10 Global CBD Skin Care Market Segment by Type

11 Global CBD Skin Care Market Segment by Application

12 Global CBD Skin Care Market Size Forecast (2019-2026)

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 Conclusion:  

This CBD Skin Care research report gives the outcome that matters most to the client. The research carried out in this report suggests what is going to be beneficial and how the report will help the business to grow.

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