, /PRNewswire/ -- The global cannabidiol (CBD) skin care market size is estimated to grow by .02 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 38.
64% during the forecast period. For comprehensive forecast and historic data on regions, market segments, customer landscape, and companies- is estimated to contribute 45%. to the growth of the global market.
The Cannabidiol (Cbd) Skin Care Market report forecasts market growth by revenue at global, regional & country levels from 2017 to 2027. The geographic landscape of the CBD skin care market is witnessing significant growth due to the increasing demand for skin-lightening products and the expanding cosmetics ODM market. This sector is experiencing a surge in popularity with the emergence of cannabis-based products, specifically marijuana-derived CBD.
CBD is gaining traction in the beauty industry for its potential benefits in addressing various skin concerns such as acne and aging. CBD's anti-inflammatory properties make it an effective ingredient in moisturizers, cleansers, sunscreens, and chapsticks. Brands like The Body Shop and Juana Skin are leading the charge in the development of green cosmetic products infused with CBD.
Hemp and turmeric are also popular ingredients in CBD skin care due to their antioxidant properties. The production and consumption analysis of cannabinoids from cannabis plants reveal a growing trend towards non-intoxicating compounds. Urbanization, lifes.