January 23, 2020 by Pradeep
The demand for CBD skincare products is increasing with the legalization of cannabis. Consumers across the globe are inclined toward personal care products with natural ingredients to avoid the side effects caused by synthetic ingredients. Around 48% of consumers globally are willing to pay a premium for products with organic and natural ingredients. Increasing awareness of the skin benefiting properties of cannabis is driving the growth of the global CBD skincare products market. The existing players in this market are focusing on product innovation and development. The manufacturers are also adopting strategies for introducing products with various labels such as organic and cruelty-free. Global CBD Skincare Products Market Size is projected to be valued at USD 3.2 Billion by 2025 at a CAGR of 29.1% between 2019 and 2025.
Increasing popularity of natural skin care products
Growth Opportunities in the Market
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