Market Overview

The global CBD Skin Care Market reached a size of USD 1.8 Billion in 2024 and is forecasted to expand to USD 8.4 Billion by 2033. The market is expected to grow at a CAGR of 17.42% during the forecast period of 2025-2033. Growth is driven by shifting consumer preference towards natural and organic beauty products, continuous innovation in formulations, expansion of e-commerce platforms, and increased research and development in CBD skin care products. CBD Skin Care Market. 

Study Assumption Years

• Base Year: 2024
• Historical Year/Period: 2019-2024
• Forecast Year/Period: 2025-2033

CBD Skin Care Market Key Takeaways

• The market size was USD 1.8 Billion in 2024.
• The market is projected to grow at a CAGR of 17.42% from 2025 to 2033.
• Forecast period spans from 2025 to 2033.
• Growing awareness globally about the benefits of CBD skin care products such as anti-inflammatory effects supports market growth.
• Increasing innovations in product formats like CBD-infused serums, creams, and bath products positively impact the market.
• Consumer preference for natural and sustainable skin care ingredients is boosting demand.
• North America, especially the U.S. and Canada, stands as a prominent market due to high consumer awareness.

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Market Growth Factors

The growth of the CBD skincare market is being driven by a rising global awareness of the benefits these products offer. Thanks to CBD’s powerful anti-inflammatory properties, it helps shorten the duration of breakouts and eczema flare-ups while promoting the skin's natural healing process, which is boosting demand across various regions. 

Manufacturers are increasingly focusing on sustainability and cost-efficiency, adopting eco-friendly practices and optimizing resource use to keep production costs down. This not only supports responsible resource consumption but also meets the growing expectations of consumers. 

Moreover, the diverse applications of CBD in skincare products help stimulate the endocannabinoid system, balancing essential skin functions like oil and melanocyte production. Ongoing product innovation, with a wider range of formulations such as serums, creams, masks, and bath products, is attracting new consumer segments and use cases, further driving market growth.

Market Segmentation

• Product Type:
• Oils: Popular for versatility, used for direct skin application, massage, or combined with other products for added benefits.
• Lotion and Creams: High demand for daily moisturization, delivering hydration, combating dry skin, and reducing signs of aging.
• Masks and Serums: Included in product innovations addressing various skin types and conditions.
• Bath and Soaps: Increasing demand driven by the popularity of self-care and wellness routines.
• Others
• Source:
• Hemp: Preferred for containing less than 0.3% THC and lacking psychoactive effects, appealing to a broad user base.
• Marijuana: Used in premium luxury products, providing a holistic experience with combined THC and CBD benefits, targeting niche consumers.
• Price Range:
• Economic: Affordable options aimed at broader audiences including younger and CBD newcomers.
• Premium: Luxury formulations featuring advanced ingredients targeting consumers seeking exclusivity and performance.
• Distribution Channel:
• Hypermarkets and Supermarkets: Convenient access for everyday purchases to a wide consumer base.
• Departmental Stores: Target mid-range to premium consumers with luxury and wellness-oriented CBD skin care products.
• Online Stores: Offer a broad product selection ranging from budget to luxury brands, appealing to diverse consumers.
• Retail Pharmacies
• Others

Regional Insights

North America, especially the United States and Canada, leads the CBD skin care market due to high consumer awareness, established skin care industries, and growing acceptance of cannabis derivatives in wellness and beauty sectors. Europe also shows robust growth driven by rising interest in natural and organic beauty solutions matched with a strong skin care industry.

Recent Developments & News

In June 2024, NOW introduced CBD Balm, Massage Oil, and Joint & Muscle Cream using broad spectrum hemp and botanical components enhancing muscle, joint, and skin health. March 2024 saw Yon-Ka Paris launch a new CBD-enhanced phyto-aromatic night serum and calming massage treatment targeting stress-related skin damage and promoting restful sleep. In February 2024, Quebec-based Jublee released topical CBD skin care products including body butters and bath salts.

Key Players

• Aurora Cannabis Inc.
• Cannuka LLC
• Canopy Growth Corporation
• Curaleaf Holdings Inc.
• Dixie Brands Inc.
• Earthly Body
• Elixinol Wellness Limited
• High Tide Inc.
• Kapu Maku LLC (Populum)
• Kiehl's LLC (L'Oréal S.A.)
• Lord Jones
• Medical Marijuana Inc.
• Myaderm

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