14 - 15 June 2023 in Munich CosmeticBusiness

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18/01/2023 CosmeticBusiness

CBD Skin Care is on the Rise

Normalised Regulations and Growing Popularity are Driving Their Market Growth

The global CBD skin care market size is to reach 8.62 billion US-dollars by 2030, registering a CAGR of 31.5 per cent over the forecast period, according to a new report by Grand View Research. CBD skin care products are said to be gaining popularity among consumers owing to their anti-inflammatory and antioxidant properties. Normalised regulations related to the import of CBD cosmetic and personal care products are said to boost its sales in the coming years. The oils segment accounted for the largest share in 2022 and is expected to maintain its dominance throughout the forecast period. Further information …

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