China Cbd Skin Care Market Size & Outlook, 2024-2030
China cbd skin care market, 2018-2030 (US$M)
China cbd skin care market highlights
- The China cbd skin care market generated a revenue of USD 38.0 million in 2021 and is expected to reach USD 491.6 million by 2030.
- The China market is expected to grow at a CAGR of 32.9% from 2022 to 2030.
- In terms of segment, oils was the largest revenue generating product in 2021.
- Mask & Serums is the most lucrative product segment registering the fastest growth during the forecast period.
Cbd skin care market data book summary
| Market revenue in 2021 | USD 38.0 million |
| Market revenue in 2030 | USD 491.6 million |
| Growth rate | 32.9% (CAGR from 2021 to 2030) |
| Largest segment | Oils |
| Fastest growing segment | Mask & Serums |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oils, Creams & Moisturizers, Mask & Serums, Cleansers |
| Key market players worldwide | Cronos Group Inc, Cannuka, Earthly Body, Josie Maran Cosmetics, Sephora, The CBD Skincare |
Other key industry trends
- In terms of revenue, China accounted for 5.2% of the global cbd skin care market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China cbd skin care market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 245.4 million by 2030.
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CBD Skin Care Market Scope
CBD Skin Care Market Companies
| Name | Profile | # Employees | HQ | Website |
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China cbd skin care market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cbd skin care market will help companies and investors design strategic landscapes.
Oils was the largest segment with a revenue share of 41.32% in 2024. Horizon Databook has segmented the China cbd skin care market based on oils, creams & moisturizers, mask & serums, cleansers covering the revenue growth of each sub-segment from 2018 to 2030.
As per the World Bank and the International Monetary Fund, China is one of the leading manufacturers of hemp-derived cannabis and is expected to dominate the global market over the forecast period. CBD products derived from sources such as cannabis sativa fruit, cannabis sativa seed oil, and cannabis sativa leaf extract with a THC limit of 0.3% can be grown and sold in China. This favorable scenario has driven its application in premium cosmetic and high-end skincare products.
Moreover, normalized regulations related to the import of CBD cosmetic products is expected to escalate its sales in the coming years. Consumers in China are well aware of the therapeutic benefits associated with CBD, including reduced skin puffiness, redness, and irritation, and are increasingly integrating them in their regular skincare routines. Such factors are expected to boost the sales of CBD skincare products in China.
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Our clientele includes a mix of cbd skin care market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the China cbd skin care market , including forecasts for subscribers. This country databook contains high-level insights into China cbd skin care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China cbd skin care market
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