Infused skincare products, CBD and cannabis cosmetics are more than a trend. The beauty industry in the United States is a $106.4 billion a year business.
Million Insights report the global CBD skincare market will reach $1.7 billion by 2025, registering a 32.9% CAGR over the forecast period, from 2019 to 2025.
Allied Market Research projects that the global CBD infused skincare products market size will reach $3.48 billion by 2026, with a CAGR of 24.80% during the forecast period.
Market Watch reports that the global CBD cosmetics market is estimated to be valued at over $580 million, with North America leading the way.
Grand View Research predicts the CBD cosmetics market will be $1.7 billion by 2021.
BDSA’s recent trend report forecasting the CBD beauty segment of the market to reach $720 million this year alone — a 60% increase over 2020
CBD infused skincare products can be found on the shelves of retailers like Sephora, Barneys and Neiman Marcus. Research has shown that over 50% of consumers of beauty products are interested in natural, clean, and sustainable products. Consumers are interested in feeling good, as well as looking good.
“Cannabidiol offers some serious antioxidant and anti-inflammatory benefits which can be beneficial in treating skin concerns like inflammation, dryness and free radical damage,” says Ildi Pekar, NYC-based aesthetician and founder of her own eponymous skincare line.
“One reason CBD-infused skincare is more effective is because hemp molecules are extremely small, making the penetration into the skin far easier than most creams,” according to Dr. Andrew Kerklaan, president and founder of Dr. Kerklaan Therapeutics.
“If you happen to have a reaction from a CBD topical product, it’s likely not from the CBD itself, but some other ingredient like a botanical,” explains Dr. Adarsh Mudgil, a double board-certified dermatologist and founder of Mudgil Dermatology.
“I am excited for the future that is changing every day, thanks to the explosion of public acceptance of CBD and hemp-based products to treat the total holistic wellness of an individual, and no longer masking problems as our traditional systems have been known to do. Bliss Molecules is looking to grow, create, incubate, and develop passionate individuals and corporations who take what they put into their bodies seriously, and understand that what we put into the world is just as important as what we take from it.” Bianca Prachyl, founder, CEO, and developer of Bliss Molecules.
Bliss Molecules has created natural skin care lines and total human wellness lines featuring CBD and other plant-based components, and is now positioned to be an incubator in the CBD space to help others do the same. Developing and offering the Infused Skincare Product Formulation Certification course is one of the cornerstones of Bianca Prachyl’s business incubator program.