Global CBD-infused Cosmetics Market 2023-2027

CBD-infused Cosmetics Market 2023-2027
The CBD-infused cosmetics market is forecasted to grow by USD 4644.74 mn during 2022-2027, accelerating at a CAGR of 27.04% during the forecast period. The report on the CBD-infused cosmetics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by innovation and portfolio expansion leading to CBD-infused product premiumization, rising product awareness among millennials, and growth of cosmetics industry.

Technavio's CBD-infused cosmetics market is segmented as below:

By SourceHempMarijuanaBy ProductSkincareMakeup and haircareFragrancesOthersBy Geographical LandscapeNorth AmericaEuropeAPACSouth AmericaMiddle East and AfricaThis study identifies the increase in the introduction of organic CBD-infused cosmetic products as one of the prime reasons driving the CBD-infused cosmetics market growth during the next few years. Also, multichannel distribution for CBD cosmetics and the growing popularity of anti-pollution and anti-aging CBD-infused cosmetic products will lead to sizable demand in the market.

The report on the CBD-infused cosmetics market covers the following areas:CBD-infused cosmetics market sizingCBD-infused cosmetics market forecastCBD-infused cosmetics market industry analysisThe robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading CBD-infused cosmetics market vendors that include Blueberries Medical Corp, Cannuka LLC, CBD For Life, De La Beuh, Earthly Body Inc., Endoca BV, Herbivore Botanicals, Imbue Botanicals LLC, Isodiol International Inc., Josie Maran Cosmetics LLC, Joy Organics LLC, Kana Skincare, LOreal SA, MALIN GOETZ, Manuka Pharm, Medical Marijuana Inc., The CBD Skincare Co, The Estee Lauder Companies Inc., Unilever PLC, and Vertly LLC. Also, the CBD-infused cosmetics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.