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NEW YORK, April 23, 2020 /PRNewswire/ -- KEY FINDINGSThe global CBD skin care market is anticipated to register a CAGR of 27.13% during the forecast period of 2020-2028. The factors surging market growth are high demand for natural skin care products, increasing health awareness, and multi-functional properties of CBD infused skin care products.Read the full report: https://www.reportlinker.com/p05886503/?utm_source=PRN MARKET INSIGHTSCBD, known as cannabidiol, is a chemical compound extracted from the Cannabis sativa plant, also known as marijuana or hemp plant.It is extracted in the form of powder and mixed with different types of oil to increase its effectiveness.CBD based products possess anti-inflammatory, antioxidant, and skin-soothing properties.These products are gaining popularity due to their unique calming and stress relieving properties.CBD has the potential to provide relief in skin diseases and sleep disorders.These multi-functional attributes are boosting the demand for these products.CBD infused skin care products are largely regulated by authorities due to its THC content. These regulatory impositions from government authorities restrict the growth of these products in developed regions. The market is highly fragmented, which is expected to increase during the forecast period. CBD oils captured the largest market share in 2019, as CBD oils in skin care products are beneficial for a wide range of applications.REGIONAL INSIGHTSThe growth rate of the global CBD skin care market is analyzed geographically by segregating the market into North America, Europe, Asia Pacific, and the Rest of the World.The region of North America holds the largest market share as of 2019 and continues the trend until the end of the forecast period.The extensive use of cannabis by the leading market players in the production of skin care products is fueling the market growth.COMPETITIVE INSIGHTSThe market benefits from the presence of several big players and technological innovations to introduce new and improved products. Some of the well-established market players include The CBD Skincare Company, Kiehl's LLC, Elixinol Global Limited, Cronos Group Inc, etc.Our report offerings include: Explore key findings of the overall market Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges) Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions Market Segmentation cater to a thorough assessment of key segments with their market estimations Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc. Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc. Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developmentsCompanies mentioned1. CANNUKA LLC2. CRONOS GROUP INC3. ELIXINOL ASIA PACIFIC LIMITED4. ENDOCA BV5. FAB CBD6. ISODIOL INTERNATIONAL INC.7. JOY ORGANICS8. KAPU MAKU LLC (POPULUM)9. KHIRON LIFE SCIENCES CORP10. KIEHL'S LLC (ACQUIRED BY L'ORAL)11. LEEF ORGANICS LTD12. MEDICAL MARIJUANA INC13. THE CBD SKINCARE COMPANY14. VERTLYBALMRead the full report: https://www.reportlinker.com/p05886503/?utm_source=PRN About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [emailprotected] US: (339)-368-6001 Intl: +1 339-368-6001 SOURCE Reportlinker Related Links www.reportlinker.com

Answer: The global CBD skin care market is anticipated to register a CAGR of 27.13% during the forecast period of 2020-2028