India Cbd Skin Care Market Size & Outlook, 2024-2030
India cbd skin care market, 2018-2030 (US$M)
India cbd skin care market highlights
- The India cbd skin care market generated a revenue of USD 15.7 million in 2021 and is expected to reach USD 245.4 million by 2030.
- The India market is expected to grow at a CAGR of 35.7% 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 15.7 million |
| Market revenue in 2030 | USD 245.4 million |
| Growth rate | 35.7% (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, India accounted for 2.1% 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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India 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 40.76% in 2024. Horizon Databook has segmented the India cbd skin care market based on oils, creams & moisturizers, mask & serums, cleansers covering the revenue growth of each sub-segment from 2018 to 2030.
India’s market for CBD skincare products is growing at a steady pace due to changing government laws and regulations. As per the Narcotic Drugs and Psychotropic Substances Act, 1985, the production of cannabis in the country is considered illegal but the state governments can grant licenses to cultivate it for industrial or research purposes.
However, in the last few years, CBD products made from hemp with less than 0.3% THC have been legalized for sale and consumption, which is expected to drive the adoption of CBD skincare products in the coming years. An increasing number of consumers are expected to resort to the topical application of CBD in the form of cosmetic or medicinal ointments, gels, and creams.
CBD is used as an active ingredient in several traditional formulations such as natural skin creams, rejuvenating oils, herbal oils & creams, and natural serums, which is likely to drive its demand among consumers across India.
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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 India cbd skin care market , including forecasts for subscribers. This country databook contains high-level insights into India cbd skin care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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