Global Cannabis Infused Beauty Products Market Size Rise at

New York, NY, June 25, 2021 (GLOBE NEWSWIRE) – Facts and Factors released a new research report, titled Cannabis Infused Beauty Products Market by Product (Fragrances, Hair Care, Skin Care, and Others), by Shape (lotion) , Cream, oil and others), by sales channel (offline and online) and by region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2019-2026 “.

“The global cannabis-infused beauty product market was valued at $ 6.5 billion in 2019 and is projected to reach $ 20.5 billion by 2026, according to the research report. The global cannabis-infused beauty market is projected to grow at a compound annual growth rate (CAGR) of 17% from 2021 to 2026 ”.

Cannabis-infused beauty products are generally skin and hair care products that contain cannabinoids, especially CBD (cannabidiol), as their main ingredient. Based on the market statistics and analytical research, the global cannabis-infused beauty product market is expected to boom in the coming years. Recent clinical studies and research and development activities have shown that cannabis has a wide range of health benefits that have caused the demand for such products to grow rapidly, which in turn is fueling the global market for cannabis-infused beauty products.

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Important market participants in the industry

Ulta BeautyLord Jones LLCEstee LauderWhoopi & Mayae.lf BeautyHigh BeautyMilk MakeupHerb EssntlsPapa & BarkleyTalyoni LabsNature Plus

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Analysis of market dynamics and growth factors

Increased health benefits from cannabinoids are driving the demand for cannabis-infused beauty products

Infusing cannabinoids into beauty products increases the effectiveness of the products. According to research, CBD infused oil is effective in treating acne. CBD-infused anti-wrinkle products produce positive results after over a month of using the product. CBD has unusual properties for controlling oil production and inflammation, the two main causes of acne development. CBD-infused skin care products help treat dry skin, eczema, psoriasis and act as pain relievers due to the pain relieving and anti-inflammatory properties of CBD. CBD-infused lip balms are designed to moisturize the lips without making them sticky. Cannabis oil soothes and soothes chronic pain within a short period of time. With increasing awareness of the medicinal benefits of cannabis and increasing positive feedback from customers, the demand for cannabis-infused beauty products around the world is growing rapidly. In addition to raising awareness, the increase in the number of countries legalizing cannabis and cannabis-infused products for medical purposes in their respective states is also a key driver of the global cannabis-infused beauty product market.

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Easy access to raw materials and reasonable labor costs are the most important opportunities for market participants

Foreign investors plan to invest in bulk in the rapidly developing cannabis-infused beauty market. For example, the climatic conditions in some areas of Latin America are ideal for growing cannabis. In addition, the cost of production and labor, as well as the value of land for growing marijuana, are reasonable. Therefore, investors are showing more interest in cosmetic companies. The world market should improve the economic situation of farmers with the increasing demand for cannabis plants as a raw material.

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Based on recent clinical studies as well as research and development activities, cannabis has a wide range of health benefits that are causing the demand for such products to increase, driving the global cannabis-infused beauty product market. Infusing cannabinoids into beauty products increases their effectiveness. CBD in beauty creams helps remove wrinkles when used regularly for over a month. CBD eliminates acne by controlling inflammation and oil production. CBD-infused skin care products help treat dry skin, eczema, and psoriasis due to their powerful pain relieving effects. Cannabis oil soothes and soothes chronic pain within an hour of use.

The global cannabis-infused beauty product market is segmented by product, shape, distribution channel, and region. Depending on the product, the market is divided into Fragrances, Hair Care, Skin Care, and others. According to the shape, the world market is divided into lotion, cream, oil and others. In terms of sales channels, the industry is divided into offline and online. Likewise, the market is categorized based on the region in North America, Europe, the Middle East and Africa, Latin America, and the Asia-Pacific region.

Browse the full “Global Cannabis Infused Beauty Products Market by Product (Fragrances, Hair Care, Skincare, and Others), by Shape (lotion, cream, oil, and others), by Distribution Channel (offline and online), and by Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2019-2026 ”report at https://www.fnfresearch.com/global-cannabis-infused-beauty-products-market-by-product

In August 2019, the renowned American beauty store chain Ulta Beauty expanded its CBD range by signing a contract with Sagely Naturals. The beauty store chain has worked with several distribution networks.

The Global Cannabis Infused Beauty Products Market is divided into:

Global Cannabis Infused Beauty Products Market: By Product

FragrancesHair CareSkin CareOther

Global Cannabis Infused Beauty Products Market: By Shape

Global Cannabis Infused Beauty Products Market: By Distribution Channel

Important findings from primary research

The global market for cannabis infused beauty products is expected to grow significantly with a CAGR of around 17%. The data gleaned from our primary research suggests that the global cannabis-infused beauty products market will exceed USD 6.5 billion valuation in 2019 ”category accounted for around half of the global market share in 2019 in terms of sales of cannabis-infused beauty products. In addition, the category is expected to grow the fastest over the forecast period. The oil category in the form of a segmentation accounted for about a third of the global market share in 2019 and is expected to grow relatively quickly in the expected period. North America held over half of the global share of the global market for cannabis-infused beauty products in 2019. The region’s sales are expected to grow significantly from 2020 to 2026.

IMPORTANT NOTES AND HIGHLIGHTS OF THE REPORT:

Statistically validated analysis of historical, current, and forecast industry trends with authenticated market size information and data related to value and volume, where applicable, direct and indirect factors that impacted the industry, as well as projected reasons that will affect the industry in the future micro, meso, macro, and in-depth Analysis of technically relevant and commercially viable segments and sub-segments of the market Historical and planned market shares of companies / providers / OEMs / suppliers, competitive landscape and player positioning data Historical and current demand (consumption) and supply (production) scenarios as well as forecast supply-demand scenario analysis Detailed list of the most important buyers and End-user (consumer) analyzed by region and application, value added and supply chain analysis along with horizontal and vertical integration scenarios, analysis of manufacturing and production on cost structure including labor costs, raw materials expenses and other man manufacturing costs where relevantOverview of the main marketing strategies and main sales channels introduced in the market

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