UK Cbd Skin Care Market Size & Outlook, 2021-2030
UK cbd skin care market, 2017-2030 (US$M)
Related Markets
UK cbd skin care market highlights
- The UK cbd skin care market generated a revenue of USD 55.4 million in 2021 and is expected to reach USD 635.1 million by 2030.
- The UK market is expected to grow at a CAGR of 31.1% 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 55.4 million |
| Market revenue in 2030 | USD 635.1 million |
| Growth rate | 31.1% (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, UK accounted for 7.5% 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 |
|---|
UK 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 38.63% in 2021. Horizon Databook has segmented the UK cbd skin care market based on oils, creams & moisturizers, mask & serums, cleansers covering the revenue growth of each sub-segment from 2017 to 2030.
The CBD skin care market is growing at a rapid rate owing to the increasing number of consumers and the growth of internet retailing. With a high number of online retailers present in the U.K. market, the online sales of beauty and skincare products is expected to increase.
The use of non-psychotropic constituent CBD extracted from cannabis plant has been legalized for usage in the U.K., which has led to significant growth in the CBD oil industry. Such factors are expected to influence the growth of the CBD skin care market in the upcoming 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 UK cbd skin care market , including forecasts for subscribers. This country databook contains high-level insights into UK cbd skin care market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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UK cbd skin care market size, by product, 2017-2030 (US$M)
UK CBD Skin Care Market Outlook Share, 2021 & 2030 (US$M)
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