The cannabis plant and the cannabinoids that it contains are being used as inputs for more and more products with every passing year, including cosmetics and skin care products. The cannabis cosmetics sector of the emerging legal cannabis industry is one of the most promising parts of the global market right now.
“The cannabis cosmetics market is projected to surge from $5.48B in 2024 to $22.43B by 2029, driven by rising demand for natural, eco-friendly beauty products.” stated Research and Markets in a recent industry analysis.
One cannabinoid that seems to hold a lot of promise as a key ingredient for cosmetics and skin care is cannabidiol (CBD). According to peer-reviewed research conducted in 2024, “available in vitro and in vivo evidence suggests that CBD has anti-oxidant, anti-inflammatory, moisturizing, anti-acne, wound-healing, and anti-aging properties.”
“The growth anticipated during the forecast period can be attributed to the increasing consumer demand for natural products, the growing popularity of eco-friendly options, a rising interest in wellness products, a stronger focus on skin wellness, and a growing preference for holistic beauty treatments.” stated Research and Markets about its cannabis cosmetics global market analysis.
“Major players in the cannabis cosmetics market are focusing on creating innovative products, such as CBD topical body care items, to meet the rising demand for natural skincare solutions. These CBD topicals are formulated with cannabidiol (CBD) and designed for direct application to the skin, offering potential benefits such as reducing inflammation, easing pain, and improving skin health.” Research and Markets also stated.
The analysis found that “North America was the largest region in the cannabis cosmetics market in 2024.”
Cannabis cosmetic products are more likely to be approved by policymakers and industry regulators compared to intoxicating consumables because they can be made without using tetrahydrocannabinol (THC). That significantly expands the global market potential for cannabis cosmetics.