Multi-functional attributes such as powerful antioxidants and anti-inflammatory properties of Cannabidiol (CBD) driving the demand for CBD skincare products. It is useful in the treatment of eczema, psoriasis, and acne. The market has high growth prospects owing to rising awareness about skin healing properties of CBD and growing preference for sustainable skincare products. Moreover, the growing online distribution channels for CBD skincare products expected to drive the product demand during the forecasted period.This growth is primarily driven by Rising Awareness about Skin Healing Properties of CBD and Growing Preference for Sustainable Skin Care Products.
Globally, a noticeable market trend is evident Growing Acceptance of CBD Products. Major Vendors, such as Kiehlís LLC (United States), Cannuka LLC (United States), Elixinol Global Limited (Australia), Medical Marijuana Inc. (United States), Endoca LL (Netherland), Lord Jones (United States), Kapu Maku LLC (United States), Leef Organics (United States), FAB CBD (United States), IRIE CBD (United States) and Kazmira (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
June 2019, PureCBDFactory launched a new CBD oil full-spectrum CBD hemp oil of 1500mg. It contains terpenes, flavonoids, cannabinoids, and numerous other beneficial phytochemicals.
ďIn Canada, cannabis sativa seed oil is authorized with a maximum amount of THC of 10 μg/g. Note however that topical product with cannabis is not part of the cosmetic category. In Australia however, CBD as much as THC is entirely banned from cosmetics. In the United States, the legislation is still blurry, manufacturers should, therefore, be cautious.Ē
- Rising Awareness about Skin Healing Properties of CBD
- Growing Preference for Sustainable Skin Care Products
- Growing Acceptance of CBD Products
- Stringent Government Regulations Regarding CBD Product Manufacturing
Rising Awareness about Anti-Inflammatory Properties of CBD and Growing Online Distribution Channel for CBD Skin Care Products
Possibilities of Product Contamination
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