Press release
A Deep Dive into Cannabis* Cosmetics Market 2025: Key Drivers, Growth Factors, and Projections 2025-2034
Cannabis* Cosmetics
The burgeoning popularity of natural and organic goods is anticipated to drive the expansion of the cannabis* cosmetics industry. Natural and organic products are comprised of materials obtained from nature without resorting to synthetic chemicals, pesticides, or genetically altered organisms (GMOs), thus advocating for health and sustainability. Increased consumer understanding of the health benefits, environmental sustainability, and the wish for products devoid of harmful chemicals and additives has prompted a shift toward more environmentally friendly and clean-label options across various industries, mainly within the sectors of beauty, skincare, and food. By providing natural, plant-based ingredients, cannabis* cosmetics accentuate the attractiveness of organic goods, aligning themselves with the escalating consumer preference for eco-friendly, chemical-free alternatives in their beauty and skincare regimens. For instance, the British Beauty Council, located in the UK and operating as a nonprofit organization, announced in March 2022 that 56,000 organic ingredients and products attained COSMOS certification, signifying a rise of 22% compared to the preceding year. Consequently, the burgeoning popularity of natural and organic goods is fuelling the expansion of the cannabis* cosmetics industry.
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What growth opportunities are expected to drive the cannabis* cosmetics market's CAGR through 2034?
In recent times, the size of the cannabis* cosmetics market has seen an immense expansion. The market is anticipated to expand from $5.48 billion in 2024 to a whopping $7.29 billion in 2025. The compound annual growth rate (CAGR) is reported to be 32.8%. Factors such as the broad acceptance of cannabis* in beauty products, a surge in e-commerce sales, greater legalization and regulatory approvals, the rise in popularity of hemp, and improved efficacy in product formulation have contributed to the growth in the historic period.
The size of the cannabis* cosmetics market is projected to experience a significant spike in the coming years. The market is anticipated to reach $22.43 billion by 2029, scaling at a Compound Annual Growth Rate (CAGR) of 32.5%. This expansion over the forecasted period can be connected to the increased consumer interest in organic products, escalating popularity of eco-friendly items, heightened demand for wellness goods, a growing emphasis on skincare wellness, and an increased inclination towards holistic beauty treatments. The forecast period will also notice key trends such as the adoption of sustainable measures, advancements in technology, innovative product design, progress in extraction techniques, and novel ideas focusing on lesser-known cannabinoids.
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What are the emerging trends shaping the future of the cannabis* cosmetics market?
Prominent businesses in the cannabis* cosmetics market are aiming their strategies towards the creation of innovative products, such as topical body care goods, in response to the increasing consumer preference for natural skincare options. These offerings, which are skincare formulations imbued with cannabidiol* , are intended for direct skin application and potentially decrease inflammation, alleviate pain, and promote healthier skin. For instance, in June 2024, NOW Health Group Inc., a US-based manufacturer and distributor of natural health products, unveiled an extensive selection of health and wellness items including Joint and Muscle Cream, Balm, and Massage Oil. These topicals, derived from broad-spectrum hemp extract, deliver anti-inflammatory and calming benefits without the mind-altering effects of THC*. They are engineered to lessen pain, moisturize the skin, and facilitate relaxation. Marketed towards wellness-oriented customers, these products address muscle wear and tear relief, skin moisturization, and stress relief.
Which growth-oriented segments of the cannabis* cosmetics market are leading the industry's development?
The cannabis* cosmetics market covered in this report is segmented -
1) By Product Type: Skincare, Haircare, Makeup, Fragrances, Others Product Types
2) By Ingredient Type: Cannabidiol*, Tetrahydrocannabinol, Hemp Seed Oil, Other Ingredient Types
3) By Distribution Channel: Online Stores, Supermarkets And Hypermarkets, Specialty Stores, Other Distribution Channels
4) By Application: Personal Use, Medical Use, Other Applications
Subsegments:
1) By Skincare: Moisturizers, Serums, Face Masks, Sunscreens, Body Lotions
2) By Haircare: Shampoos, Conditioners, Hair Oils, Hair Masks, Scalp Treatments
3) By Makeup: Foundations, Lipsticks, Mascaras, Eyeshadows, Blushes
4) By Fragrances: Perfumes, Body Mists, Roll-On Scents, Aromatherapy Sprays
5) By Other Product Types: Bath Bombs, Deodorants, Lip Balms, Beard Oils
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What regions are leading the charge in the cannabis* cosmetics market?
North America was the largest region in the cannabis* cosmetics market in 2024. The regions covered in the cannabis* cosmetics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the cannabis* cosmetics market?
Major companies operating in the cannabis* cosmetics market are The Estee Lauder Companies Inc., Kush Queen LLC, Lush Fresh Handmade Cosmetics, Vertly Botanicals Inc., Milk Makeup Inc., RainShadow Labs LLC, Josie Maran Cosmetics Inc., Leef Organics Inc., Herb Essntls Inc., Kana Skincare LLC, Joy Organics LLC, Elixinol Global Limited, for Life LLC, Mary's Nutritionals Inc., Cannuka LLC, High Beauty Inc., MGC Derma Ltd., Lord Jones LLC, SWOPA, The Skincare Company
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What Is Covered In The Cannabis* Cosmetics Global Market Report?
•Market Size Forecast: Examine the cannabis* cosmetics market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the cannabis* cosmetics market for a structured understanding.
•Key Players Overview: Analyze major players in the cannabis* cosmetics market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the cannabis* cosmetics market.
•Segment Contributions: Evaluate how different segments drive overall growth in the cannabis* cosmetics market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the cannabis* cosmetics market.
•Industry Challenges: Identify potential risks and obstacles affecting the cannabis* cosmetics market.
•Competitive Landscape: Review strategic developments in the cannabis* cosmetics market, including expansions, agreements, and new product launches.
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