Technavio’s CBD-Infused Cosmetics Market Research Report Highlights the Key Findings in the Area of Vendor Landscape, Key Market Segments, Regions, and Latest Trends and Drivers |

New YorkAnd Jan 19 2022 /PRNewswire/ – The latest research report on the CBD-infused cosmetics market by Technavio indicates that growth in global personal products is driving the growth of this market.

Resulting in the market growth of 3.07 billion US dollars From 2020 to 2025, Read additional information on the market. Get a free sample report.

landscape seller

The market structure is expected to remain fragmented during the forecast period. Vendors deploy various organic and inorganic growth strategies to compete in the market.

Cronos Group Inc. and Elixinol Global Ltd. and Endoca BV, Green Light Acquisitions LLC, and Isodiol International Inc. and Khiron Life Sciences Corp. and LOreal SA and The CBD Skincare Co. and Estee Lauder Companies Inc. And Unilever Group among others are some of the few major vendors vying to maintain their market position in the market.

Different players in the market are engaged in launching different products to improve their game in the cosmetic industry. Some sellers are redirecting their marketing efforts towards digital marketing. Many sellers offer shopping vouchers and discounts to attract customers. Moreover, many vendors in the market focus on minimal use of packaging materials and prefer to use recycled raw materials for packaging.

Show more About the sellers market scene with a comprehensive list of sellers and their offers.

Market Segmentation Key

  • Segmentation by product:
    • skin care:
      • This segment includes oils, creams, moisturizers, cleansers, masks, serums, and lotions. A variety of skin care cosmetics containing CBD are available in the market from multiple brands.
      • The growth of this sector is primarily driven by the growing awareness of the importance of skin care among people globally. Moreover, consumers are willing to spend more on premium skin care products than before. Also, manufacturers of CBD-infused skincare cosmetics are constantly focusing on product innovations and new product launches to expand their customer base. For example, in recent years, the market has seen the introduction of vegan skincare cosmetics infused with CBD.
    • Make-up and hair care
    • perfume
    • Aharon

Request a free sample Check out this report for more highlights of the market segments.

Regional Market Outlook

North America It will contribute to 45% of the market growth during the forecast period. The United States is the main market in North America Area. The main factors contributing to the growth of the market in the US are the launch of innovative products, the increasing use of online platforms to purchase cosmetics containing CBD, and the growing awareness and adoption of organic cosmetics products. Moreover, organic cosmetics containing CBD are chemical-free and considered good for the skin. Thus, the increase in the use of these products will drive value sales in the CBD-infused cosmetics market in North America.

Apart from the US in the region, if we look at the market growth at the country level, the UK, ChinaAnd Canada And Germany It will contribute to achieving the highest growth in the market.

Download our free sample report For more key points about the regional market share of most of the above countries.

The latest trends, driving the global CBD saturated cosmetics market

  • market driver:
    • Innovation and portfolio expansion leading to product differentiation:

Increasing competition and customer demand for innovative products has forced vendors to begin to focus actively on improving their research and development processes. In addition, sellers focus on distinguishing themselves from their competitors. Consumers usually look for cosmetics that contain CBD that can treat many skin related issues in the least amount of time. Moreover, consumers are also looking for effective and easy-to-use products. Hence, clients started using various cosmetic products, including those containing CBD. This is expected to drive further market growth during the forecast period.

  • Market trend:
    • Increased introduction of organic CBD cosmetics:

The growing awareness about hair, skin and health problems caused by the use of synthetic cosmetics has increased the demand for organic cosmetics infused with CBD. Regular application of synthetic cosmetics can lead to many problems related to hair, skin and health, such as skin irritation, skin allergy, chemical burns and various hormonal disorders. Therefore, in the past few years, manufacturers of CBD-infused cosmetics have focused more on organic beauty products to gain the attention of more consumers. Organic cosmetics containing CBD are free of harmful ingredients, such as sulfates and formaldehyde. Thus, the initiative to expand product lines by the vendors will further enhance the market growth prospects.

Find additional information on various market drivers and other trends mentioned on our site Free sample report.

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CBD Cosmetics Market Scope

Report coverage

details

page number

120

base year

2020

prediction period

2021-2025

Growth Momentum and CAGR

Accelerating at a compound annual growth rate of 21.42%

Market Growth 2021-2025

$3.07 billion

Market Structure, Market Structure

fragmented

Annual Growth (%)

20.74

Regional Analysis

North America, Europe, Asia Pacific, South America, Middle East and Africa

Market share performance

North America 45%

Main consuming countries

United States, United Kingdom, China, Canada and Germany

Competitive scene

Leading companies, competitive strategies, scope of consumer participation

An overview of the main companies

Cronos Group Inc. and Elixinol Global Ltd. and Endoca BV, Green Light Acquisitions LLC, and Isodiol International Inc. and Khiron Life Sciences Corp. and LOreal SA and The CBD Skincare Co. and Estee Lauder Companies Inc. and Unilever Group

market dynamics

Key market analysis, market growth triggers and obstacles, analysis of fast-growing and slow-growing segments, analysis of COVID-19 impact, recovery and future consumer dynamics, analysis of market status for the forecast period

field of personalization

If our report doesn’t include the data you’re looking for, you can access our analysts and customize the segments.

about us

Technavio is a global leader in technology research and consulting. Their research and analysis focus on emerging market trends and provide actionable insights to help companies identify market opportunities and develop effective strategies to improve their market positions. With over 500 dedicated analysts, Technavio’s reporting library consists of more than 17,000 reports and statistics, covering 800 technologies, spanning across 50 countries. Their client base consists of organizations of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in current and potential markets and to assess their competitive positions within changing market scenarios. .

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