Published by TMR Research Insights
Posted on September 30, 2021
CBD (Cannabidiol) is a non-alcoholic extract of the hemp plant. In 2018, the hemp plant was officially recognized as an agricultural crop. Hemp plant is similar to the marijuana plant and both the plants are part of cannabis. However, hemp plants comprise up to 0.3% THC called the psychoactive ingredient. If a CBD plant’s THC level is more than 0.3%, then it is classified as a marijuana plant.Globally, the CBD infused cosmetics market is growing owing to the expansion of product portfolio and manufacturers targeting premium customers by launching premium products. Moreover, the growing adoption of organic CBD cosmetic products is projected to drive the demand for CBD infused cosmetics.
Prominent manufacturers of CBD infused cosmetics are launching products for men, as a result of the rise in demand from this segment. Grooming as a regimen is not restricted to women anymore and thus manufacturers are catering to the increasing demand from the men’s segment.
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CBD remains an illegal market in various countries and hence continues to face slow demand growth due to restricted regional availability. Furthermore, complex rules and regulatory strictures by governments relating to the usage of CBD is anticipated to hamper the CBD infused cosmetics market across the globe throughout the forecast years.
In terms of geography, the global CBD infused cosmetics market can be divided into five regions North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA).North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the CBD infused cosmetics market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the CBD infused cosmetics market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The South America CBD infused cosmetics market is segmented into Brazil, and Rest of South America.
Europe captured the largest share of the CBD infused cosmetics market due to awareness about personal care and preference for online shopping.The CBD infused cosmetics market in Asia Pacific is projected to expand rapidly during the forecast period. Well known countries specializing in the beauty business such as Korea, Japan, China, and India are expected to offer promising opportunities for the CBD infused cosmetics market.
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Companies in the CBD infused cosmetics market are focusing on strengthening their distribution channels in organized retailing to increase sales revenue. Moreover, beauty bloggers and vloggers provide an effective channel to expand consumer reach. Manufacturers provide free samples to these bloggers who post product reviews on their social media channels. Furthermore, manufacturers are collaborating with farmers to source ingredients directly from them. This increases the product’s attractiveness to the consumer.
For instance, in April 2020, Astral Brands-owned Pür launched seven CBD makeup products through its own DTC site and Ulta.com. The brand is bullish on the sub-category and plans to expand further over the next two years.
A few of the key players operating in the global CBD infused cosmetics market are:
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Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.”
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Transparency Market Research
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CBD (Cannabidiol) is a non-alcoholic extract of the hemp plant. In 2018, the hemp plant was officially recognized as an agricultural crop. Hemp plant is similar to the marijuana plant and both the plants are part of cannabis. However, hemp plants comprise up to 0.3% THC called the psychoactive ingredient. If a CBD plant’s THC level is more than 0.3%, then it is classified as a marijuana plant.Globally, the CBD infused cosmetics market is growing owing to the expansion of product portfolio and manufacturers targeting premium customers by launching premium products. Moreover, the growing adoption of organic CBD cosmetic products is projected to drive the demand for CBD infused cosmetics.
Prominent manufacturers of CBD infused cosmetics are launching products for men, as a result of the rise in demand from this segment. Grooming as a regimen is not restricted to women anymore and thus manufacturers are catering to the increasing demand from the men’s segment.
Request a Sample – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=79172
CBD remains an illegal market in various countries and hence continues to face slow demand growth due to restricted regional availability. Furthermore, complex rules and regulatory strictures by governments relating to the usage of CBD is anticipated to hamper the CBD infused cosmetics market across the globe throughout the forecast years.
In terms of geography, the global CBD infused cosmetics market can be divided into five regions North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA).North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the CBD infused cosmetics market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the CBD infused cosmetics market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The South America CBD infused cosmetics market is segmented into Brazil, and Rest of South America.
Europe captured the largest share of the CBD infused cosmetics market due to awareness about personal care and preference for online shopping.The CBD infused cosmetics market in Asia Pacific is projected to expand rapidly during the forecast period. Well known countries specializing in the beauty business such as Korea, Japan, China, and India are expected to offer promising opportunities for the CBD infused cosmetics market.
PreBook Report at – https://www.transparencymarketresearch.com/checkout.php?rep_id=79172<ype=S
Companies in the CBD infused cosmetics market are focusing on strengthening their distribution channels in organized retailing to increase sales revenue. Moreover, beauty bloggers and vloggers provide an effective channel to expand consumer reach. Manufacturers provide free samples to these bloggers who post product reviews on their social media channels. Furthermore, manufacturers are collaborating with farmers to source ingredients directly from them. This increases the product’s attractiveness to the consumer.
For instance, in April 2020, Astral Brands-owned Pür launched seven CBD makeup products through its own DTC site and Ulta.com. The brand is bullish on the sub-category and plans to expand further over the next two years.
A few of the key players operating in the global CBD infused cosmetics market are:
More Trending Reports by Transparency Market Research –
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.”
Contact Us
Mr. Rohit Bhisey
Transparency Market Research
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Blog: https://tmrblog.com/
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