Cannabis Infused Beauty Products Market Size, Trends and Insights By Product Type (Oils, Creams, Serum, Cleansers, Others), By Category (Organic, Conventional), By Distribution Channel (Hyper Markets, Supermarkets, Convenience Stores, Specialty Stores), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
Study Period: | 2024-2033 |
Fastest Growing Market: | Asia-Pacific |
Largest Market: | Europe |
Major Players
- Ulta Beauty
- Whoopi & Maya
- Estee Lauder
- High Beauty
- Others
Reports Description
The cannabis infused beauty products market presented revenue of USD 5.45 billion in the year 2021 and is foreseen to record a growth of up to USD 8.86 billion by the end of 2030 at a compound annual growth rate of 5.5% during the forecast period (2022-2030). The cannabis infused beauty products market is mainly popular for the various medical properties and healing processes that are carried out in the skincare sector.
The recent research and development which is carried out by the key market players have made it clear that the use of cannabis infused beauty products does not have a negative effect on the body of an individual and instead proves to be of great benefits in a multi-factorial pattern. As a result of this, many countries all over the world have granted legal rights to this market and have encouraged the sales and demand of cannabis infused beauty products in the market. The support of the government has helped to introduce new opportunities for the key market players and has also encouraged the development of small-scale industries across the world.
The outbreak of the COVID pandemic had a considerable impact on the growth of the cannabis infused beauty products market as a result of the strict lockdown and restricted movement imposed by the government all over the world in order to prevent the spread of infection. The demand and supply chain of the key market players were hampered to a great extent as a result of the unavailability of suitable transport facilities. The purchasing behavior of potential consumers underwent a tremendous alteration during the outbreak of the pandemic.
Growth Factors
The increasing acceptance of cannabis infused beauty products among the people has helped the market to record considerable revenue pertaining to the increased demand and supply of the skin care products introduced into the market by the key market players. The various medicinal properties that are infused into cosmetic products such as antioxidants have supported the growth of the market to a great extent. The age-fighting properties which are contained in these skin care products proved to be the game changer for the growth of the market.
The increasing demand for advanced serums and face masks in order to maintain the aesthetic appearance of the individual has helped the market to record considerable growth and is foreseen to continue in the future as well. Various countries all over the world have granted legalization to the use of cannabis infused beauty products which have supported the growth of the market to a great extent. The increasing demand for cannabis infused beauty products in the healthcare sector has also boosted the economy for the key market players.
Segmental insights
Segmentation On The Basis Of Product Type
On the basis of type, the cannabis infused creams and moisturizers presented the fastest growth owing to the huge demand experienced by the market. The utilization of moisturizers has seen a rapid increase with the increasing number of skin disorders among people. The growing trend of having a spotless and clear complexion in order to boost the aesthetic value of an individual behaves as the main factor which helps the market to show considerable growth.
The increasing tendency of having dry skin which leads to multiple wrinkles and cracks boosts the demand for better moisturizers in the market. The component of cannabis proves to be a boon for the moisturizing segment in the market pertaining to the fast relief which is offered to the consumers. The heavy sales and supply of creams over the counter have experienced rapid growth all over the world. People have a tendency toward self-medication and self-prescription which proves to be a major factor for this increase in the demand and supply of cream and moisturizers.
The need for increasing the aesthetic appearance of an individual it’s boosted the market for advanced creams which helped to remove the scars and marks from the skin. The extensive research and development which is carried out by the key market players have helped to develop advanced technologies which help in removing the scars in a shorter period of time.
The other components which have been covered under this segment include serums and cleansers. With rapid modernization, the amount of pollution in the environment has increased tremendously. This has boosted the need for fast-acting cleansers which helped to clear the pores which get clogged due to the deposition of excessive dust in the atmosphere. In order to avoid the creation of acne and other eruptions on the skin, the use of cleansers has tremendously increased among people. This has been experienced mainly in the younger generations who are more protective of their appearance and skin texture.
Oils have shown a significant impact on the growth of the market as a result of the numerous varieties which have been introduced by the key market players according to the demands and requirements placed by the potential consumers. The usage of oils has been observed on a daily basis which proves to be a growing factor for the size of the market during the forecast period. Oils have also been used in the form of moisturizers by people belonging to poor countries which help to increase the demand for this product in the cannabis segment.
Segmentation On The Basis Of Category
On the basis of category, a segment of organic products has shown the maximum demand as a result of the various health benefits offered by them. With the increasing health consciousness among the people after the outbreak of the pandemic, the demand for organic health products has increased tremendously in the market. The awareness regarding the various side effects which are caused by chemically formulated health products has hampered its growth to a great extent.
This has boosted the demand for organic beauty products which contain the component of cannabis them. The various benefits which are provided by cannabis infused beauty products have boosted the total revenue return of the key market players. The increasing research and development carried out by the key market players regarding the innovation of organic beauty products have supported the growth of the market to a great extent.
The global population is slowly shifting towards the use of organic health products as compared to chemically formulated substances which prove to be beneficial for the health of the individual in the long run as it has the least number of side effects. This has helped to increase the life expectancy of the people to a great extent and presents itself as a major growth factor for the developing market.
The increasing demand for natural products in the skincare segment mainly in the North American and European markets has helped the market of cannabis infused beauty products to show tremendous growth over the period of time and is expected to continue in a similar fashion in the future as well. The use of organic products also protects the consumer from a number of side effects that are experienced after the usage of chemically formulated skin applications.
Segmentation On The Basis Of Distribution Channel
On the basis of distribution channels, hypermarkets and supermarkets have shown tremendous growth pertaining to the existence of a huge variety of cosmetic products which are displayed for the consumers usually in a single store. The potential buyers are provided with a huge variety of selections along with the descriptions of the individual contents which are presented in an attractive manner by these stores. Specialty stores have proved to be a major segment pertaining to the huge demand and supply that it experiences from the local market.
A huge range of skin products are available in such kinds of stores and hence the rarely used products are also easily found. The segment of convenience stores proves to be an emerging sector among its counterparts as the availability of cannabis infused beauty products depends on the demand expressed by the consumers. The non-store-based segment has also made a significant contribution to the growth of the market.
Report Scope
Feature of the Report | Details |
Market Size in 2021 | USD 5.45 Billion |
Projected Market Size in 2030 | USD 8.86 Billion |
CAGR Growth Rate | 5.5% CAGR (2022-2030) |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Prominent Players | Ulta Beauty, Whoopi & Maya, Estee Lauder, High Beauty, e.l.f Beauty, Lord Jones LLC, Milk Makeup, Talyoni Labs, Papa & Barkley, Nature Plus, Herb Essntls, and Others |
Key Segment | By Product Type, Category, Distribution Channel, and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Regional Insights
On the basis of geography, the North American market has maintained its position at the topmost level in the world market. The rapid climate change which has been experienced in these regions proves to be a major factor for the various skin disorders that are appearing among the people. The use of cannabis infused beauty products has been found to be effective to bring about faster relief in a shorter period of time hence they are chosen first as compared to their counterparts.
The increasing demand and supply of skin care products in this region has boosted the market to a great extent. Legalization of the cannabis-based products in this region has proved to be a big reason which has boosted the demand for such beauty products. The existence of the key market players in this sector has also created rapid awareness among the people regarding the benefits of using cannabis infused beauty products.
The region of Canada, which has recently legalized the demand and supply of cannabis products, has faced a huge demand from potential buyers as a result of the multiple health benefits provided by this product. A new market that has recently stepped into the cannabis products is the region of Asia Pacific which includes certain countries that have restricted the use of such products.
The rapidly increasing urbanization of the countries belonging to the Asia Pacific region has hampered the lifestyle practices of the people to a great extent which shows a direct impact on the skin and health of the people. The busy lifestyle and increasing stress among youngsters have helped to boost the market for cannabis infused beauty products.
Recent developments
In August 2019 – Ulta beauty, which is a well-known beauty store chain situated in America entered into a contract deal with the company of Sagely naturals. his deal was aimed at expanding the CBD assortment facilities. Numerous distribution networks have been linked with this chain of beauty stores in order to expand the market.
Segments covered in the report on cannabis infused beauty products
On the basis of Product Type
- Oils
- Creams
- Serum
- Cleansers
- Others
On the basis of Category
- Organic
- Conventional
On the basis of the Distribution Channel
- Hyper markets
- Supermarkets
- Convenience stores
- Specialty stores
By Region
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Cannabis Infused Beauty Products Market, (2022 – 2030) (USD Billion)
- 2.2 Global Cannabis Infused Beauty Products Market: snapshot
- Chapter 3. Global Cannabis Infused Beauty Products Market – Industry Analysis
- 3.1 Cannabis Infused Beauty Products Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Growing use of cannabis infused beauty products among the people
- 3.2.2 Various countries have granted legalization worldwide
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Product Type
- 3.7.2 Market attractiveness analysis By Category
- 3.7.3 Market attractiveness analysis By Distribution Channel
- Chapter 4. Global Cannabis Infused Beauty Products Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Cannabis Infused Beauty Products Market: company market share, 2021
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Cannabis Infused Beauty Products Market – Product Type Analysis
- 5.1 Global Cannabis Infused Beauty Products Market overview: By Product Type
- 5.1.1 Global Cannabis Infused Beauty Products Market share, By Product Type, 2021 and 2030
- 5.2 Oils
- 5.2.1 Global Cannabis Infused Beauty Products Market by Oils, 2022 – 2030 (USD Billion)
- 5.3 Creams
- 5.3.1 Global Cannabis Infused Beauty Products Market by Creams, 2022 – 2030 (USD Billion)
- 5.4 Serum
- 5.4.1 Global Cannabis Infused Beauty Products Market by Serum, 2022 – 2030 (USD Billion)
- 5.5 Cleansers
- 5.5.1 Global Cannabis Infused Beauty Products Market by Cleansers, 2022 – 2030 (USD Billion)
- 5.6 Others
- 5.6.1 Global Cannabis Infused Beauty Products Market by Others, 2022 – 2030 (USD Billion)
- 5.1 Global Cannabis Infused Beauty Products Market overview: By Product Type
- Chapter 6. Global Cannabis Infused Beauty Products Market – Category Analysis
- 6.1 Global Cannabis Infused Beauty Products Market overview: By Category
- 6.1.1 Global Cannabis Infused Beauty Products Market share, By Category, 2021 and 2030
- 6.2 Organic
- 6.2.1 Global Cannabis Infused Beauty Products Market by Organic, 2022 – 2030 (USD Billion)
- 6.3 Conventional
- 6.3.1 Global Cannabis Infused Beauty Products Market by Conventional, 2022 – 2030 (USD Billion)
- 6.1 Global Cannabis Infused Beauty Products Market overview: By Category
- Chapter 7. Global Cannabis Infused Beauty Products Market – Distribution Channel Analysis
- 7.1 Global Cannabis Infused Beauty Products Market overview: By Distribution Channel
- 7.1.1 Global Cannabis Infused Beauty Products Market share, By Distribution Channel, 2021 and 2030
- 7.2 Hyper Markets
- 7.2.1 Global Cannabis Infused Beauty Products Market by Hyper Markets, 2022 – 2030 (USD Billion)
- 7.3 Supermarkets
- 7.3.1 Global Cannabis Infused Beauty Products Market by Supermarkets, 2022 – 2030 (USD Billion)
- 7.4 Convenience Stores
- 7.4.1 Global Cannabis Infused Beauty Products Market by Convenience Stores, 2022 – 2030 (USD Billion)
- 7.5 Specialty Stores
- 7.5.1 Global Cannabis Infused Beauty Products Market by Specialty Stores, 2022 – 2030 (USD Billion)
- 7.1 Global Cannabis Infused Beauty Products Market overview: By Distribution Channel
- Chapter 8. Cannabis Infused Beauty Products Market – Regional Analysis
- 8.1 Global Cannabis Infused Beauty Products Market Regional Overview
- 8.2 Global Cannabis Infused Beauty Products Market Share, by Region, 2021 & 2030 (USD Billion)
- 8.3. North America
- 8.3.1 North America Cannabis Infused Beauty Products Market, 2022 – 2030 (USD Billion)
- 8.3.1.1 North America Cannabis Infused Beauty Products Market, by Country, 2022 – 2030 (USD Billion)
- 8.3.1 North America Cannabis Infused Beauty Products Market, 2022 – 2030 (USD Billion)
- 8.4 North America Cannabis Infused Beauty Products Market, by Product Type, 2022 – 2030
- 8.4.1 North America Cannabis Infused Beauty Products Market, by Product Type, 2022 – 2030 (USD Billion)
- 8.5 North America Cannabis Infused Beauty Products Market, by Category, 2022 – 2030
- 8.5.1 North America Cannabis Infused Beauty Products Market, by Category, 2022 – 2030 (USD Billion)
- 8.6 North America Cannabis Infused Beauty Products Market, by Distribution Channel, 2022 – 2030
- 8.6.1 North America Cannabis Infused Beauty Products Market, by Distribution Channel, 2022 – 2030 (USD Billion)
- 8.4. Europe
- 8.4.2 Europe Cannabis Infused Beauty Products Market, 2022 – 2030 (USD Billion)
- 8.4.2.1 Europe Cannabis Infused Beauty Products Market, by Country, 2022 – 2030 (USD Billion)
- 8.4.2 Europe Cannabis Infused Beauty Products Market, 2022 – 2030 (USD Billion)
- 8.4 Europe Cannabis Infused Beauty Products Market, by Product Type, 2022 – 2030
- 8.4.1 Europe Cannabis Infused Beauty Products Market, by Product Type, 2022 – 2030 (USD Billion)
- 8.5 Europe Cannabis Infused Beauty Products Market, by Category, 2022 – 2030
- 8.5.1 Europe Cannabis Infused Beauty Products Market, by Category, 2022 – 2030 (USD Billion)
- 8.6 Europe Cannabis Infused Beauty Products Market, by Distribution Channel, 2022 – 2030
- 8.6.1 Europe Cannabis Infused Beauty Products Market, by Distribution Channel, 2022 – 2030 (USD Billion)
- 8.5. Asia Pacific
- 8.5.3 Asia Pacific Cannabis Infused Beauty Products Market, 2022 – 2030 (USD Billion)
- 8.5.3.1 Asia Pacific Cannabis Infused Beauty Products Market, by Country, 2022 – 2030 (USD Billion)
- 8.5.3 Asia Pacific Cannabis Infused Beauty Products Market, 2022 – 2030 (USD Billion)
- 8.4 Asia Pacific Cannabis Infused Beauty Products Market, by Product Type, 2022 – 2030
- 8.4.1 Asia Pacific Cannabis Infused Beauty Products Market, by Product Type, 2022 – 2030 (USD Billion)
- 8.5 Asia Pacific Cannabis Infused Beauty Products Market, by Category, 2022 – 2030
- 8.5.1 Asia Pacific Cannabis Infused Beauty Products Market, by Category, 2022 – 2030 (USD Billion)
- 8.6 Asia Pacific Cannabis Infused Beauty Products Market, by Distribution Channel, 2022 – 2030
- 8.6.1 Asia Pacific Cannabis Infused Beauty Products Market, by Distribution Channel, 2022 – 2030 (USD Billion)
- 8.6. Latin America
- 8.6.4 Latin America Cannabis Infused Beauty Products Market, 2022 – 2030 (USD Billion)
- 8.6.4.1 Latin America Cannabis Infused Beauty Products Market, by Country, 2022 – 2030 (USD Billion)
- 8.6.4 Latin America Cannabis Infused Beauty Products Market, 2022 – 2030 (USD Billion)
- 8.4 Latin America Cannabis Infused Beauty Products Market, by Product Type, 2022 – 2030
- 8.4.1 Latin America Cannabis Infused Beauty Products Market, by Product Type, 2022 – 2030 (USD Billion)
- 8.5 Latin America Cannabis Infused Beauty Products Market, by Category, 2022 – 2030
- 8.5.1 Latin America Cannabis Infused Beauty Products Market, by Category, 2022 – 2030 (USD Billion)
- 8.6 Latin America Cannabis Infused Beauty Products Market, by Distribution Channel, 2022 – 2030
- 8.6.1 Latin America Cannabis Infused Beauty Products Market, by Distribution Channel, 2022 – 2030 (USD Billion)
- 8.7. The Middle-East and Africa
- 8.7.5 The Middle-East and Africa Cannabis Infused Beauty Products Market, 2022 – 2030 (USD Billion)
- 8.7.5.1 The Middle-East and Africa Cannabis Infused Beauty Products Market, by Country, 2022 – 2030 (USD Billion)
- 8.7.5 The Middle-East and Africa Cannabis Infused Beauty Products Market, 2022 – 2030 (USD Billion)
- 8.4 The Middle-East and Africa Cannabis Infused Beauty Products Market, by Product Type, 2022 – 2030
- 8.4.1 The Middle-East and Africa Cannabis Infused Beauty Products Market, by Product Type, 2022 – 2030 (USD Billion)
- 8.5 The Middle-East and Africa Cannabis Infused Beauty Products Market, by Category, 2022 – 2030
- 8.5.1 The Middle-East and Africa Cannabis Infused Beauty Products Market, by Category, 2022 – 2030 (USD Billion)
- 8.6 The Middle-East and Africa Cannabis Infused Beauty Products Market, by Distribution Channel, 2022 – 2030
- 8.6.1 The Middle-East and Africa Cannabis Infused Beauty Products Market, by Distribution Channel, 2022 – 2030 (USD Billion)
- Chapter 9. Company Profiles
- 9.1 Ulta Beauty
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 Whoopi & Maya
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 Estee Lauder
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 High Beauty
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 e.l.f Beauty
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 Lord Jones LLC
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 Milk Makeup
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 Talyoni Labs
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 Papa & Barkley
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 Nature Plus
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.11 Herb Essntls
- 9.11.1 Overview
- 9.11.2 Financials
- 9.11.3 Product Portfolio
- 9.11.4 Business Strategy
- 9.11.5 Recent Developments
- 9.1 Ulta Beauty
List Of Figures
Figures No 1 to 27
List Of Tables
Tables No 1 to 77
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2030
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
Perspective | Primary research | Secondary research |
Supply-side |
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Demand-side |
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Market Analysis Matrix
Qualitative analysis | Quantitative analysis |
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FAQs
The North America region will lead the global Cannabis Infused Beauty Products market during the forecast period 2022 to 2030.
The increasing acceptance of cannabis infused beauty products among the people has helped the market to record a considerable revenue pertaining to the increased demand and supply of the skin care products introduced into the market by the key market players.
The key players operating in the Cannabis Infused Beauty Products market are Ulta Beauty, Whoopi & Maya, Estee Lauder, High Beauty, e.l.f Beauty, Lord Jones LLC, Milk Makeup, Talyoni Labs, Papa & Barkley, Nature Plus, Herb Essntls, and Others.
The global Cannabis Infused Beauty Products market is expanding growth with a CAGR of approximately 5.5% during the forecast period (2022 to 2030).
The global Cannabis Infused Beauty Products market size was valued at USD 5.45 billion in 2021 and it is projected to reach around USD 8.86 billion by 2030.