CBD Skincare Market Poised for Seven-Fold Expansion Through 2035

GlobeNewswire Inc.GlobeNewswire Inc.
|||1 min read
Key Takeaway

CBD skincare market projected to grow sevenfold from $2.37 billion in 2025 to $17.67 billion by 2035, driven by legalization, consumer awareness, and clean beauty trends.

CBD Skincare Market Poised for Seven-Fold Expansion Through 2035

The global cannabidiol skincare products market is expected to experience substantial growth over the next decade, with projections indicating expansion from USD 2.37 billion in 2025 to USD 17.67 billion by 2035, representing a compound annual growth rate of 22.24%, according to analysis from SNS Insider. The United States market specifically is anticipated to grow from USD 0.94 billion to USD 6.98 billion during this period, underscoring the region's significance in the sector's overall trajectory.

Several factors are contributing to the market's expansion. The legalization of hemp cultivation and production has removed regulatory barriers that previously limited product availability and consumer access. Concurrently, growing consumer awareness regarding the potential benefits of CBD for skin health is driving adoption across demographic segments. The broader clean beauty movement, characterized by demand for natural and plant-derived ingredients, has further accelerated market penetration as CBD aligns with these consumer preferences.

Within the market structure, creams and moisturizers represent the leading product category by volume and revenue. E-commerce platforms have emerged as the dominant distribution channel, reflecting broader retail shifts toward direct-to-consumer purchasing models and the convenience factors associated with online skincare shopping.

Source: GlobeNewswire Inc.

Back to newsPublished Feb 24

Related Coverage

The Motley Fool

Shopify's AI-Powered Growth Defies Market Skepticism as Stock Corrects

Shopify posts 34% YoY revenue growth with 8x AI traffic surge, yet stock falls 32% YTD. Company leads AI commerce standards as potential contrarian buying opportunity.

METAMSFTAMZN
The Motley Fool

Jumia Stock Rockets 17.56% on Strong Q1 Growth and Path to 2027 Profitability

Jumia stock surged 17.56% after Q1 results showed 24% customer growth, 39% revenue increase to $50.6M, and 26% operating loss reduction. Company reaffirmed 2027 profitability target.

JMIA
The Motley Fool

Tilray's Low Valuation Masks Deeper Troubles in Booming Cannabis Beverage Market

Tilray trades cheaply in the fast-growing cannabis beverage sector, but persistent losses and weak fundamentals suggest it's a value trap, not a bargain.

TLRY
GlobeNewswire Inc.

Stem Cell Therapy Market Surges to $58.5B by 2034 on Tech, Regulation Tailwinds

Global stem cell therapy market projected to grow from $21.9B in 2025 to $58.5B by 2034 at 11% CAGR, driven by technological advances and favorable regulations.

TAKVCELSMDPY
The Motley Fool

Shopify Stock Tumbles 12.6% on Q2 Guidance Letdown Despite Earnings Beat

**$SHOP** fell 12.6% after Q1 earnings beat expectations but Q2 guidance disappointed with slower growth. Analysts view weakness as potential buying opportunity.

SHOP
Benzinga

Wybotics Rekindles Hong Kong IPO Bid on Surge in Pool Cleaner Demand

Robotic pool cleaner maker Wybotics refiles Hong Kong IPO after previous lapse, posting 114% revenue growth and commanding 19.7% global market share.

FLDAY