Business analytics and consulting company, Adroit Market Research recently took to Globe Newswire to reveal new CBD findings. In particular, the firm anticipates a growth of 31.3% within the CBD cosmetics industry. Some of the contributing factors supposedly include skin benefits, the Asian skincare market’s increased demands and the continuous changes witnessed within regulatory frameworks.
The aforementioned conclusion was made based on the product type (i.e. moisturizers and creams, masks and serums, cleansers, etc.), source (i.e. hemp or marijuana), distribution channel (i.e. pharmacies, hypermarkets, online, physical stores, etc.) and region. This report not only includes present trends, but future prospects as well.
Here’s an overview of what has been shared in terms of the above-mentioned contributing factors:
Considering the different types of medium of deliveries that currently exist (oils, tinctures, vapes, edibles, bath bombs, etc.), it seems like CBD oils are the ones to succeed over time. This could be due the fact that CBD was first introduced in oil form, compared to the likes of lotions and edibles which came a little later on.
The CBD cosmetic market appears to continue its flourishing trends due to the cannabinoid’s low THC content, i.e. the cannabinoid popularly known for producing mind-impairing effects. This is anticipated to prosper throughout 2025 as well.
According to Adroit Market Research, the main distribution channels that consumers retort to include pharmacies, hypermarkets, supermarkets, retail and online among others. Interestingly, consumers appear to prefer the likes of online retailers, which as per the firm, holds the biggest piece of the market share pie and is predicted to hold the leading position across the global market.
As for who leads the CBD cosmetics market, North America takes first place. That said, there are other subfactors to consider such as demand for organic and natural products and medium of delivery.
Last but not least, Adroit Market Research predicts CBD as being the main cannabinoid to steal consumers’ heart within the cosmetics industry compared to others making their way into the cannabis market.
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