Germany Cbd Skin Care Market Size & Outlook, 2021-2030
Germany cbd skin care market, 2017-2030 (US$M)
Related Markets
Germany cbd skin care market highlights
- The Germany cbd skin care market generated a revenue of USD 47.0 million in 2021 and is expected to reach USD 496.3 million by 2030.
- The Germany market is expected to grow at a CAGR of 29.9% 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 47.0 million |
| Market revenue in 2030 | USD 496.3 million |
| Growth rate | 29.9% (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, Germany accounted for 6.4% 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 Europe, UK cbd skin care market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 438.5 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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Germany 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 39.15% in 2021. Horizon Databook has segmented the Germany cbd skin care market based on oils, creams & moisturizers, mask & serums, cleansers covering the revenue growth of each sub-segment from 2017 to 2030.
Germany is one of the most lucrative markets for CBD skincare products and its growth is attributed to the legalization of cannabis. Moreover, according to cannabis laws in Germany, not all CBD products are illegal. These products should not exceed a THC content of 0.2% and must be sold in processed form. Related products available in the country include CBD ointments that help in the absorption of CBD through the skin. These factors are likely to benefit the CBD skin care market in Germany in the coming years.
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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 Germany cbd skin care market , including forecasts for subscribers. This country databook contains high-level insights into Germany cbd skin care market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Germany cbd skin care market size, by product, 2017-2030 (US$M)
Germany CBD Skin Care Market Outlook Share, 2021 & 2030 (US$M)
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