#CBD Oil Market Trends

[researchrealmblog]

North America is Dominating the CBD Oil Market 

In 2022, the CBD oil market size stood at USD 5,230.9 million, which is projected to witness a 20.8% CAGR during 2022–2030, reaching USD 23,720 million by 2030 as per P&S Intelligence. 

CBD is a chemical found in the cannabis Sativa plant and removed from cannabis or hemp. Hemp is a more popular feedstock since it contains more CBD. Because of its beneficial properties, the need for CBD in the wellness and health industry is growing. Furthermore, the mounting use of CBD-rich items because of government approvals for recreational, medical, and R&D purposes is the main reason projected to fuel their production.

The marijuana category is projected to surge at a CAGR of 22% and is also estimated to continue its dominance in the future as well. The growing acceptance of purified CBD products and the rising legalization of marijuana-resulting items for numerous research and medical purposes are the main factors contributing to the growth of the category. For example, ancient Indian Ayurvedic methods used cannabis as a vital element in medicine for the betterment of blood pressure and digestion.

The hemp category is estimated to experience moderate growth in the coming years. This growth is majorly credited to the increasing need for hemp in the medicinal sector and rising awareness among consumers of fitness and health, along with the snowballing customer income and legalization of cannabis.

Furthermore, industrial hemp seeds hold calories, protein, and other nutrients. Individuals use it mostly for dieting, constipation, eczema, and other purposes. Numerous industries, including food and beverages, personal care, and cosmetics are using such seeds to grow products for health, wellness, and fitness.

In 2022, the B2B category led the market, with the highest revenue share of 52%, and is projected to continue its dominance in the years to come. This can be ascribed to the increasing number of investors, wholesalers, and producers of CBD oil products.

The demand is also snowballing due to the cannabidiol products requirement mounting in numerous industries, including cosmetics sectors, health, and wellness, and food and additives, the medications sector has amplified the demand for businesses to procure cannabidiol precursor material for their product in bulk.

North America held the highest revenue share of above 84% and is projected to continue its dominance in the coming years also. This growth can be credited to the authorization of cannabidiol for therapeutic and research purposes in the region. The position of the item as a natural phytocompound, its robust promotion by companies as a lifestyle and wellness item, the introduction of cannabidiol-based medicines, including Sativex and Epidiolex, and the extensive availability of numerous products comprising this compound are further projected to surge the sale of cannabidiol oil in the continent in the future.

Hence, the need for CBD in the wellness and health industry is growing, and the mounting use of CBD-rich items because of government approvals for recreational, medical, and R&D purposes is a major factor that will drive the CBD oil market in the future. 

Source: P&S Intelligence

[nycnostalgia]

Exploring the Growing Popularity of CBD in New York

As more and more people look to natural remedies to improve their health and wellness, CBD has become one of the most popular, and sought-after, natural remedies in recent years. In particular, New York has seen an explosion of interest in CBD, with the city quickly becoming one of the top markets for CBD products in the country. This trend has been driven by the growing body of evidence that suggests CBD can be beneficial for a wide range of health issues, from chronic pain to anxiety and depression.

In this blog post, we’ll take a look at the growing popularity of CBD in New York, and why it’s become so popular. We’ll also explore the many ways that New Yorkers can access and benefit from CBD, as well as the different types of products available.

What is CBD?

CBD (cannabidiol) is a compound found in cannabis plants. Unlike THC (tetrahydrocannabinol), the psychoactive component of cannabis, CBD does not produce any kind of “high” or intoxication. CBD is thought to have many potential therapeutic benefits, such as relieving chronic pain, reducing inflammation, and treating anxiety and depression. In recent years, CBD has become increasingly popular due to the growing body of scientific evidence that suggests it has a wide range of potential health benefits.

Why is CBD Popular in New York?

CBD’s popularity in New York can be attributed to several factors. First, the state has a long and proud history of embracing alternative medicine, and the potential health benefits of CBD have been well-documented. Second, the city’s vibrant social scene and busy lifestyle have made CBD a popular choice for those looking for natural remedies to help them cope with the daily stress of city living. Finally, the state’s growing cannabis industry has made it easier for New Yorkers to access CBD products.

How Can New Yorkers Access CBD?

New Yorkers have many different options for accessing CBD. The state’s legal cannabis industry has made it easier for New Yorkers to access CBD products, with dispensaries and online stores offering a wide range of products. CBD products are also widely available in health food stores, vape shops, and even some traditional pharmacies.

What Types of CBD Products are Available?

In New York, there are a wide variety of CBD products available, including oils, tinctures, edibles, topicals, capsules, and more. Oils and tinctures are the most popular option, as they are easy to use and offer a fast-acting, discreet way to take CBD. Edibles are also popular, as they allow users to enjoy the health benefits of CBD in a tasty treat. In addition, topicals and capsules are also widely available, allowing users to enjoy the benefits of CBD without having to inhale any smoke or vapor.

Conclusion

The popularity of CBD in New York is a testament to its potential health benefits, and the city’s embrace of alternative medicine. With a wide variety of products available, New Yorkers have many options for accessing and benefiting from CBD. From oils and tinctures to edibles and topicals, the city’s growing cannabis industry has made it easier than ever for New Yorkers to take advantage of the potential health benefits of CBD.

[whfarm]

Start a CBD Business with Private Label and White Label Products

Why Start a CBD Business?

Being in the CBD business today is much more of a growing trend than an emerging industry; it’s an explosion of unlimited opportunities. While people today are increasingly looking for natural remedies to health and wellness, CBD products become one of the necessities of the market. For instance, private label CBD oil for pain relief or CBD-infused skincare for healthy glowing skin-all this and much more has carved a wide space for CBD in both the wellness as well as the beauty industry.

Advantages of Starting a CBD Business with Private and White Label Products

Why private label and white label? Here are some advantages of using them to get off the ground for your CBD business:

Lower Start-Up Costs: Forget about designing and establishing expensive production platforms. That is taken care of by your supplier.

Brand Customization: CBD wholesale Private label products allow you to change everything from formulation to packaging.

Rapid Market Entry: White label products allow you to rapidly enter the market without getting entangled in the production details.

A host of Range of Products: Ranging from CBD oil to CBD white label gummies and wine infused with CBD, you can offer a great range of products to your customers.

Dropship CBD Products: Sell CBD products without having to hold any kind of inventory by partnering with dropship CBD suppliers.

Understanding Private Label vs. White Label CBD Products

And before doing any business with CBD, one must know about private and white label because the former and the latter come with two different advantages with the only difference lying in customization and flexibility with respect to branding.

Private Label CBD Products

Private label CBD products are developed specifically for your brand by Private label CBD companies. You work very closely with a manufacturer that designs the formula, packaging, and labeling that will represent your business. Whether private label CBD oil, private label CBD skin care, or private label CBD gummies, these are products that are unique to your brand and can stand out in the market.

Benefits of Private Label CBD Products:

Full control over the ingredient, packaging, and branding of your product

CBD manufacturers private label can do customized products based on your audience’s needs through unique formulas

Because you’re selling exclusive products, you can usually ask for a higher price for it

White Label CBD Products

White-label CBD products are already made products that you apply your label to. They are manufactured in a commercial batch and bought off from CBD white-label manufacturers to a variety of businesses. You wouldn’t be involved in the formulation process, but you get to sell it as your own product. White label CBD is a good way to join the market fast with the least investment.

Benefits of Private and White Label CBD Products:

Fast Time to Market: They are already manufactured, and hence, products for private labeling are ready. You can enter the market fast.

Cost-Effective: You don’t have to incur any funding for manufacturing or research and development.

Expansive Variety: As a private label or white label product, that includes CBD gummies to CBD-infused oils right down to niche items like CBD-infused wine.

How to Launch a CBD Business with Private and White Label Products

How to start a CBD business? Running a CBD business isn’t rocket science, of course, even if you use private label or white label. Below is the step-by-step guide to get launched.

1. Researching the Market and a Specific Niche

The first step of any business is to know the target market. CBD has grown in uses from anxiety relief to skincare. Some of the given niches are:

CBD Skincare: Sell private label CBD skin care or CBD-infused soaps.

CBD Edibles: Private label CBD gummies or even CBD-infused drinks such as wine.

CBD Oil: Always in demand, private label CBD oil is perfect for wellness-focused brands.

CBD for Athletes: Targeting fitness enthusiasts, CBD topicals are great for muscle recovery.

2. Choose the Right Private Label or White Label CBD Manufacturer

Quality Standards : Ensure they use high-quality, lab-tested CBD.

Customization Options: Especially if you’re planning on going private label.

Get them to give you some MOQs, such as Minimum Order Quantities, so that you can calculate the true costs at the onset.

Review other customers’ feedback: Attempt to look for reviews or case studies done by other businesses that have used the manufacturer

Some manufacturers also offer dropshipping CBD, where you will first get a chance to test the products before fully committing. Dropshipping CBD lets you sell products without holding inventory and instead lets the Dropshipping CBD suppliers take care of shipping and fulfillment.

3. Select Your Business Model

There are a variety of business models you can use when selling CBD products. Here is a quick overview of the most popular business models found in the industry:

Direct Sales: You’ll be carrying the inventory, and then you’ll sell the goods to customers directly through your website.

Dropshipping: That means that your supplier handles fulfillment, so the warehousing burden falls on them, not you.

Wholesale: You’ll be selling your products to other businesses-the commercial CBD distributors or retailers.

Each model has its pros and cons. If you are just entering the industry, then white label dropshipping may be the easiest and less costly way to start up an online business, particularly when dropshipping from a fournisseur CBD dropshipping or cannabis dropshipping supplier.

4. Establish Your Brand and Online Presence

Once you have your products and business model in place, it’s all about brand building. Decide what kind of brand identity you would like to have so that it will resonate with your target audience. Your brand is not just a logo; it is a story, your mission, and your people.

For your consideration in building your brand:

Name and Logo: Should reflect the niche you have in mind (for example, wellness, luxury, fitness).

Website: You can have a professional website to host your sales for CBD products.

Social media: Make sure to ensure social presence on Instagram, Facebook, and TikTok, to host the promotion of your products.

The Power of CBD Kits and Starter Kits

However, if you are unsure where to start, most manufacturers offer starter kits. A CBD starter kit usually has a range of products that vary from CBD oils to CBD gummies, so you can try out a few and decide what you will sell. A CBD kit will really give you a good understanding of the market so that you can determine what resonates with your customers.

5. Concentrate on Marketing and Growing your Business

Marketing strategies follow once your business is finally up and running. Here are a few strategies you could consider:

Email marketing: Found base of customers and send them regular newsletters with new arriving products and promotional offers.

Influencer Marketing: Send a collaboration proposal to influencers associated with your target market.

Paid Ads: Run Google and Facebook ad campaigns targeting keywords such as CBD wholesale private label, dropshipping white label, and private label CBD products.

Content Marketing: Create blogs, guides, and tutorials that describe the benefits associated with your product.

Conclusion: Starting a CBD Business Is Way Easier Than You Think!

The private label and white label solutions offered by CBD businesses are great for entry into the growing industry with minimal upfront costs. Whether you are interested in hemp oil dropshipping, CBD skincare, or white label CBD gummies, the possibilities are endless. Using the right manufacturer, business model, and marketing strategy, you will surely create a successful brand when tapping into this lucrative world of CBD.

So what are you waiting for? Get into CBD dropshipping, private-label CBD, and start building a brand so it stands out among the rest in the CBD fray.

FAQs

1.What is white label CBD?

These are white label CBD products that are pre-manufactured by a supplier and you just apply your own branding and label. You can almost immediately launch a CBD product line using this option without having to formulate the product or breaking open a large up-front cost. White label CBD is perfect for black owned CBD companies looking for fast ways to come into the market at a low cost.

2. How does CBD dropshipping work?

You can sell products without an inventory by selling CBD in dropshipping. You order a product for the customer, and the supplier ships it to the customer. This eliminates all your costs like warehousing, packaging, and shipping the ordered products. So, this is also a low-risk option for starting a CBD business with minimal upfront investment.

3. What are the products that I can sell through private label or white label CBD?

Now, with private label and white label CBD, you could sell millions of things, from oils to gummies to CBD infused wine, skin care products, and much more. Each of these can be customized for your brand, or purchased pre-made if that’s a better option.

[nashlee234]

Argan Oil Market: Growth Drivers, Regional Insights, Applications, Challenges and Future Trends Shaping the Organic Products Landscape

The argan oil market is experiencing significant growth, driven by increasing consumer demand for natural and organic products across various sectors. This market, valued in billions, is primarily fueled by applications in cosmetics, food, and pharmaceuticals.

The cosmetic industry represents the largest segment, where argan oil is highly sought after for its moisturizing and anti-aging properties. As consumers become more aware of the benefits of natural ingredients, brands are integrating argan oil into skincare and haircare products, enhancing market potential.

Drivers of Growth

Rising Demand for Natural Products: Consumers are increasingly shifting towards natural and organic products, driven by health consciousness and environmental awareness. Argan oil's reputation as a versatile and beneficial ingredient in beauty and wellness products positions it well to meet this demand.

Cosmetic Industry Expansion: The beauty and personal care sector is one of the largest consumers of argan oil. Its moisturizing and anti-aging properties make it a sought-after ingredient in skincare and haircare products, contributing to the market's growth.

Health Benefits: Argan oil is rich in antioxidants, omega-6 fatty acids, and vitamin E, making it appealing for culinary uses. As more people adopt healthy cooking practices, the incorporation of argan oil into diets is on the rise.

Sustainable Sourcing: The sustainable harvesting of argan oil has garnered attention, especially among eco-conscious consumers. Certification programs aimed at promoting sustainable practices further enhance the appeal of argan oil in the market.

Challenges

High Production Costs: The labor-intensive process of harvesting and producing argan oil leads to relatively high costs. This can limit accessibility for some consumers, especially in emerging markets.

Market Competition: The increasing popularity of alternative oils and ingredients, such as coconut oil and jojoba oil, poses competition for argan oil. This necessitates strategic marketing and differentiation to maintain market share.

Quality Control Issues: The proliferation of low-quality or adulterated products can damage the reputation of argan oil. Ensuring authenticity and quality is vital for consumer trust.

Regional Insights

The argan oil market is robust in North America, driven by demand for natural beauty products and strong e-commerce growth. Europe remains a key player, with established brands emphasizing high-quality, ethically sourced ingredients. The Asia-Pacific region is emerging rapidly, fueled by rising disposable incomes and increased awareness of argan oil’s benefits. Manufacturers should focus on quality control and sustainable sourcing to cater to these diverse markets effectively.

Applications of Argan Oil

Cosmetics and Personal Care

Skin Care: Argan oil is widely used in creams, serums, and moisturizers due to its hydrating and anti-aging properties. It helps improve skin elasticity, reduces dryness, and promotes a healthy complexion.

Hair Care: The oil is a common ingredient in shampoos, conditioners, and hair treatments, offering nourishment, shine, and protection against damage.

Food Industry

Argan oil is gaining popularity in culinary applications, particularly in Mediterranean cuisine. Its unique flavor profile enhances various dishes, and it is often used as a finishing oil in salads and dips.

Pharmaceuticals

The therapeutic properties of argan oil are being explored in pharmaceuticals, particularly for its anti-inflammatory and antioxidant effects. Research is ongoing to validate its potential health benefits further.

Request Sample PDF for CBD Vapes Market Report

(The sample serves as a general overview and contents of the final report, without actual data. Accessing the facts and figures of the complete report will incur a cost.)

Future Trends

Innovative Product Development: Brands are increasingly experimenting with argan oil formulations, creating innovative products that cater to diverse consumer needs. This includes blends with other natural oils and extracts.

Sustainability Initiatives: As sustainability continues to be a priority, more companies are focusing on eco-friendly packaging and ethical sourcing practices. This trend is likely to strengthen consumer loyalty and brand reputation.

Digital Marketing Strategies: With the rise of social media and influencer marketing, brands are leveraging digital platforms to reach target audiences. Engaging content and partnerships with beauty influencers can enhance brand visibility and drive sales.

Insights for Manufacturers

Quality Assurance: Invest in rigorous quality control processes to ensure product authenticity and purity, as consumer trust hinges on high-quality offerings.

Sustainable Practices: Emphasize sustainable harvesting and eco-friendly packaging to appeal to environmentally conscious consumers and meet regulatory standards.

Product Innovation: Explore new formulations that blend argan oil with other natural ingredients to create unique products catering to various consumer preferences.

Market Education: Engage in educational marketing to highlight the benefits of argan oil, targeting both end consumers and industry professionals to enhance product awareness.

Distribution Channels: Leverage multiple distribution channels, including e-commerce and specialty retail, to maximize market reach and accessibility.

Customization: Consider developing customizable products or targeted solutions for specific consumer needs, such as anti-aging, hydration, or culinary applications.

[cannagigantt]

Cannabis Groothandel Nederland: Your Trusted Partner in Quality Cannabis Products

The cannabis industry in the Netherlands has been thriving for decades, known for its progressive stance and high-quality products. Cannabis Groothandel Nederland For businesses looking to enter or expand within this market, working with a reliable cannabis wholesaler (Cannabis Groothandel) is crucial. One of the leading names in this space is Cannagigant, a trusted partner for quality cannabis products and services.

The Importance of a Reliable Cannabis Wholesaler

The Dutch cannabis market is unique and requires a deep understanding of regulations, product quality, and market dynamics. A dependable cannabis wholesaler can streamline your supply chain, ensuring you have consistent access to top-quality products. They help navigate the complexities of the market, providing everything from raw cannabis to seeds, equipment, and other related products.

Why Choose Cannagigant?

Cannagigant has established itself as a reputable cannabis wholesaler in the Netherlands, offering a wide range of products to cater to diverse needs. Here are a few reasons why Cannagigant stands out:

Extensive Product Range: From cannabis seeds to CBD products and cultivation equipment, Cannagigant provides a comprehensive selection that caters to both small businesses and larger enterprises.

Quality Assurance: Quality is a top priority for Cannagigant. They source products from reliable producers and ensure they meet the highest industry standards, giving customers peace of mind about the products they purchase.

Industry Expertise: With years of experience in the Dutch cannabis market, Cannagigant offers invaluable knowledge and guidance to businesses. Their expertise helps customers navigate the complexities of the industry effectively.

Competitive Pricing: Cannagigant offers competitive prices on a wide range of products, ensuring that businesses can maintain profitability while offering high-quality products to their customers.

Customer Support: Excellent customer service sets Cannagigant apart. They provide support and advice tailored to the needs of their clients, helping them make informed decisions about products and market strategies.

Products and Services Offered by Cannagigant

Cannagigant offers an extensive range of cannabis-related products, including:

Cannabis Seeds: Choose from a variety of high-quality seeds, including feminized, autoflowering, and CBD-rich varieties.

CBD Products: A diverse range of CBD oils, capsules, and topicals, sourced from reputable producers.

Cultivation Equipment: Everything needed for growing cannabis, from soil and nutrients to lighting and hydroponic systems.

Smoking Accessories: A selection of bongs, vaporizers, and other accessories for retail businesses.

Navigating the Dutch Cannabis Market with Cannagigant

The Dutch cannabis market is known for its strict regulations and high standards. Cannagigant helps businesses navigate these regulations, ensuring compliance while maintaining access to top-quality products. They keep up with the latest market trends and regulatory changes, providing customers with up-to-date information and advice.

Partner with Cannagigant Today

For businesses looking to thrive in the Dutch cannabis market, partnering with a reliable wholesaler like Cannagigant is a smart move. Cannabis Groothandel Nederland Their commitment to quality, competitive pricing, and industry expertise make them an ideal partner for businesses of all sizes.

Visit Cannagigant today to explore their product range and learn how they can support your business in the thriving Dutch cannabis market.

This article emphasizes the value Cannagigant offers as a cannabis wholesaler in the Netherlands, providing a clear backlink opportunity while highlighting key aspects of their business.

[trendtrackershq]

𝐂𝐚𝐧𝐧𝐚𝐛𝐢𝐝𝐢𝐨𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐚𝐧𝐝 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

The 𝐂𝐚𝐧𝐧𝐚𝐛𝐢𝐝𝐢𝐨𝐥 (𝐂𝐁𝐃) 𝐌𝐚𝐫𝐤𝐞𝐭 has experienced remarkable growth over the past few years, driven by increasing consumer awareness of CBD's potential health benefits and the rising demand for natural and plant-based products. Derived from the cannabis plant, CBD is non-psychoactive, making it a popular choice for those seeking therapeutic benefits without the "high" associated with THC.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐑𝐄𝐄 𝐒𝐚𝐦𝐩𝐥𝐞: https://www.nextmsc.com/cannab....idiol-market/request

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐫𝐢𝐯𝐞𝐫𝐬

𝟏. 𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐀𝐜𝐜𝐞𝐩𝐭𝐚𝐧𝐜𝐞 𝐚𝐧𝐝 𝐋𝐞𝐠𝐚𝐥𝐢𝐳𝐚𝐭𝐢𝐨𝐧: The gradual legalization of cannabis in various countries, particularly for medicinal use, has played a significant role in the growth of the CBD market. This trend is expected to continue as more regions recognize the potential benefits of CBD.

𝟐. 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞𝐝 𝐀𝐰𝐚𝐫𝐞���𝐞𝐬𝐬 𝐨𝐟 𝐇𝐞𝐚𝐥𝐭𝐡 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬: CBD is increasingly being used to address a wide range of health issues, including anxiety, chronic pain, sleep disorders, and inflammation. The growing body of scientific research supporting these benefits has boosted consumer confidence in CBD products.

𝟑. 𝐃𝐢𝐯𝐞𝐫𝐬𝐞 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬: The market has expanded beyond oils and tinctures to include a variety of products such as edibles, capsules, topicals, and even pet products. This diversification has broadened the appeal of CBD, attracting a wider range of consumers.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐮𝐭𝐥𝐨𝐨𝐤

The global Cannabidiol (CBD) market is expected to continue its strong growth trajectory in the coming years, driven by increasing consumer demand, ongoing research, and the gradual expansion of legal frameworks. However, the market will need to navigate regulatory challenges and quality concerns to sustain its growth and build consumer trust.

𝐀𝐜𝐜𝐞𝐬𝐬 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.nextmsc.com/report/cannabidiol-market

𝐂𝐨𝐧𝐜𝐥𝐮𝐬𝐢𝐨𝐧

As the CBD market matures, companies that prioritize product quality, transparency, and consumer education are likely to thrive. The ongoing evolution of regulations and continued research into CBD's potential health benefits will also shape the future of this dynamic and rapidly expanding market.

[tamanna31]

Industrial Hemp Market Size, Share, Growth, Analysis Forecast to 2030

Industrial Hemp Industry Overview

The global industrial hemp market size was estimated at USD 5.49 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 17.5% from 2024 to 2030. The growth is driven by the rising product demand from application industries, such as food & beverage, personal care, and animal care, across the globe.

Growing demand for hemp products including fiber, seed, stalks, hurds, and oils from the aforementioned application industries is expected to drive market growth. Industrial hemp production is associated with several agricultural and environmental benefits. With its fast growth period of 120-150 days and significant biomass yield, hemp enables efficient use of agricultural land. It is useful in carbon sequestration as it yields a large amount of biomass along with providing a useful break in crop rotation

Gather more insights about the market drivers, restrains and growth of the Industrial Hemp Market

Global Industrial Hemp Market Report Segmentation

This report forecasts volume & revenue growth at global, regional, and country levels and provides an analysis of the latest trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the industrial hemp market report based on product, source, application, and region:

Product Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

Seeds

Fiber

Shivs

Source Outlook (Volume, Tons; Revenue, USD Million; 2018 - 2030)

Conventional

Organic

Application Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

Animal Care

Textiles

Automotive

Furniture

Food & Beverages

Paper

Construction Materials

Personal Care

Other

Regional Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

North America

U.S.

Canada

Mexico

Europe

UK

Germany

France

Spain

Italy

The Netherlands

Asia Pacific

China

India

Japan

Australia

New Zealand

Central & South America

Brazil

Middle East & Africa

Browse through Grand View Research's Advanced Interior Materials Industry Research Reports.

The global HDPE and LLDPE geomembrane market size was estimated at USD 1.36 billion in 2023 and is expected to grow at a CAGR of 5.6% from 2024 to 2030. 

The global industrial vending machine market size was valued at USD 3.01 billion in 2023 and is anticipated to grow at a CAGR of 9.8% from 2023 to 2030.

Key Companies & Market Share Insights

Industry players produce large-quantity and high-quality industrial hemp along with a wide range of variants, in terms of seed size and oil composition. Potential yields and processing methods, technologies used for processing, along with the cost of production and returns, play a major role in driving the competition in the industry. Industrial hemp companies are focusing on increasing product cultivation and processing facilities in economies where the plant can be grown legally. Major industry players are investing heavily in R&D activities to achieve high yields from cultivation. These players offer diverse varieties of hemp-derived products and can penetrate large markets.

In January 2023, HempMeds Brasil launched two new full-spectrum products. These new products were created to suit the new requirements of Brazilian doctors who intend to suggest it to their patients.

In October 2021, HempFlax Group announced an investment of about USD 3.2 million in the advancement of its Dutch headquarters. Out of this, about USD 1.9 million is to be spent on machinery improvements, which is expected to double the hemp fiber processing capacity from 3 tons per hour to 6 tons per hour. The upgrades are expected to allow the company to reduce its operational period from 24 to 16 hours per day, lowering energy consumption while improving productivity.

Key Industrial Hemp Companies:

Parkland Industrial Hemp Growers Cooperative Ltd.

CBD Biotechnology Co.

Botanical Genetics, LLC

Marijuana Company of America Inc.

HempMeds Brasil

Terra Tech Corp.

American Cannabis Company, Inc.

HempFlax B.V.

Industrial Hemp Manufacturing, LLC

American Hemp

Hemp, Inc.

Boring Hemp Company

Plains Industrial Hemp Processing Ltd.

Ecofiber Industries Operations

Valley Bio Limited

Order a free sample PDF of the Industrial Hemp Market Study, published by Grand View Research.

[priyanshisingh]

Bath Bomb Market Dynamics: Global Growth and Trends (2023-2032)

The Bath Bomb Market is projected to grow from USD 1,518.2 million in 2024 to USD 2,589.11 million by 2032, achieving a compound annual growth rate (CAGR) of 6.90%.

Bath bombs have become a popular indulgence in the personal care and wellness market, offering a luxurious and aromatic experience that transforms an ordinary bath into a spa-like retreat. These effervescent products, typically composed of baking soda, citric acid, essential oils, and various other ingredients, dissolve in water, releasing pleasant scents, vibrant colors, and skin-nourishing components. The allure of bath bombs lies in their ability to provide a multisensory experience, combining the visual appeal of swirling colors and the tactile sensation of fizzy water with the therapeutic benefits of aromatherapy. As consumers increasingly seek products that offer both relaxation and skincare benefits, the market has seen a proliferation of bath bombs featuring a wide range of scents, colors, and additional ingredients like moisturizers, flower petals, and glitter. Many brands are also responding to the growing demand for natural and eco-friendly products by offering bath bombs made with organic ingredients, free from harsh chemicals, and packaged in environmentally sustainable materials.

Beyond their primary function, bath bombs have become a popular gift item and a staple in self-care routines, celebrated for their ability to elevate mood and relieve stress. The customization trend has also touched this market, with options for personalized scents and designs, catering to individual preferences and special occasions. The versatility and appeal of bath bombs continue to drive their popularity, making them a vibrant segment in the broader wellness and beauty industry. As the market evolves, innovations such as CBD-infused bath bombs and those with specialized skincare benefits, like anti-aging or detoxifying properties, are expected to further expand their appeal and reach.

Bath Bomb Market Challenges:

Ingredient Sourcing and Quality:

High demand for natural, organic, and non-toxic ingredients.

Cost and availability of high-quality raw materials.

Concerns about skin irritation and allergic reactions from synthetic fragrances and dyes.

Environmental Impact:

Use of non-biodegradable glitter and plastic packaging.

Chemical additives contributing to environmental pollution.

Need for sustainable alternatives like biodegradable glitter and eco-friendly packaging, which can be more expensive.

Market Saturation and Competition:

High number of brands offering similar products.

Difficulty for new entrants to differentiate and gain market share.

Established brands need continuous innovation in formulations, scents, and marketing strategies.

Rise of DIY Products:

Increasing popularity of DIY bath bomb kits and tutorials.

Empowered consumers creating their own bath bombs at home, reducing demand for commercial products.

Regulatory Compliance:

Varying safety standards and labeling requirements across different regions.

Complexities in global distribution and increased compliance costs.

Economic Factors:

Fluctuations in raw material prices impacting production costs.

Vulnerability to changes in consumer spending during economic downturns, as bath bombs are often considered luxury or non-essential items.

Key Player Analysis

Lush Cosmetics

Bath & Body Works

The Body Shop

Village Naturals Therapy

da Bomb Bath Fizzers

Dr Teal’s

Oliver Rocket

Level Naturals

Luxurious Bath Boutique

HanZá Bath Bombs

Musee Bath

Sky Organics

LifeAround2Angels

Anjou

FRÉDÉRIC MALLE

More About Report- https://www.credenceresearch.com/report/bath-bomb-market

Bath Bomb Market Key Findings of Study:

Market Growth and Size:

The bath bomb market has experienced significant growth, driven by increasing consumer interest in wellness and self-care products. This trend is supported by the rising popularity of at-home spa experiences and the growing focus on personal care routines.

Consumer Preferences:

There is a strong consumer preference for bath bombs made with natural, organic, and cruelty-free ingredients. The demand for eco-friendly products has led to a rise in offerings that use biodegradable glitter and sustainable packaging materials, reflecting broader environmental concerns.

Product Innovation:

Innovation in the bath bomb market includes the development of products with added skincare benefits, such as moisturizing, detoxifying, and anti-aging properties. Additionally, there is an increasing interest in bath bombs infused with CBD and other wellness-enhancing ingredients.

Customization and Personalization:

The trend towards customization is evident, with consumers seeking personalized scents, colors, and designs. This has led to the growth of brands offering bespoke bath bomb options, including custom formulations for sensitive skin or specific therapeutic needs.

Distribution Channels:

E-commerce is a dominant distribution channel for bath bombs, offering a wide range of products and easy access for consumers. However, physical retail stores, particularly specialty beauty and wellness shops, continue to play an important role in the market.

Challenges and Constraints:

The market faces challenges such as ingredient sourcing issues, particularly for high-quality natural ingredients, and the need for compliance with varying global regulations. Environmental concerns regarding non-biodegradable components and packaging are also significant, prompting a shift towards more sustainable practices.

Regional Market Insights:

North America and Europe are key markets for bath bombs, driven by high consumer spending on personal care and wellness products. Meanwhile, emerging markets in Asia-Pacific and Latin America are showing increasing demand, fueled by growing awareness of self-care trends and rising disposable incomes.

Competitive Landscape:

The market is characterized by intense competition, with numerous brands competing on the basis of product variety, quality, and innovation. Key players are focusing on expanding their product lines and enhancing online presence to capture a larger share of the market.

Segments:

Based on Type:

Natural or Organic

Synthetic

Based on Fragrance:

Fruity

Floral

Woody

Citrus

Herbal

Other

Based on Application:

Household

Commercial

Based on Functionality:

Relaxation and Stress Relief

Energizing and Refreshing

Moisturizing and Nourishing

Based on Sales Channel:

Hypermarkets or Supermarkets

Specialty Stores

Pharmacies

Convenience Stores

Online Retailers

Other

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Rising Preference for Natural Products to Boost CBD Skincare Market

As per a new market research report by Inkwood Research, the Global CBD Skin Care Market is anticipated to progress with a CAGR of 21.97% during the forecast period, 2024-2032.

The comprehensive report spans 118 pages, featuring 97 market data tables and 71 figures. It provides an in-depth analysis of the Global CBD Skin Care Market by Source, User Demographic, Product Type, Price Range, Packaging, Distribution Channel, and Geography.

Refer to the Report Summary Here: https://inkwoodresearch.com/reports/cbd-skincare-market/

This insightful report by Inkwood Research delves into market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. Covering all aspects of the CBD skin care product market, the report offers valuable insights for existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs from industry professionals across the value chain.

Global CBD Skin Care Market Scenario

Cannabidiol (CBD), derived from cannabis plants, has emerged as a key ingredient in skincare formulations. Notable for its non-psychoactive nature, CBD is gaining popularity in the skincare industry due to its medicinal qualities, particularly its recognized antioxidant and anti-inflammatory properties. This has driven the widespread adoption of CBD isolate in skincare products.

CBD skin care products are increasingly favored by consumers who prefer natural cosmetics and holistic approaches to beauty and wellness. This trend reflects significant advancements in the CBD beauty products market, driven by a growing awareness of CBD's potential benefits and a shift towards organic skin care products. The demand for CBD-infused skin care is expanding rapidly, fueled by consumers seeking alternative therapies for various skin conditions. This surge in interest is part of a larger trend towards self-care, which has seen a notable increase due to a heightened focus on health and wellness, as well as increased time spent at home. Notably, the shift in consumer behavior has accelerated market growth, particularly evident in the substantial rise of online sales channels.

The Global CBD Skin Care Market report provides data tables and includes charts and graphs for visual analysis.

Request a Free Sample Report for the Global CBD Skincare Market by Product Type, Source, User Demographic, Price Range, Packaging, Distribution Channel, & by Geography: https://inkwoodresearch.com/reports/cbd-skincare-market/request-free-sample

Market Segmentation

Market by Source:

Natural and Organic

Hemp-Derived CBD

Marijuana-Derived CBD

Synthetic

Market by User Demographic:

Male

Female

Market by Product Type:

CBD Oil

Cream

Moisturizer and Lotions

Balm

Lip Balm

Eye Balm

Mask & Serum

Face & Body Cleanser

Soap

Other Product Types

Market by Price Range:

Economic

Premium

Market by Packaging:

Pump and Dispensers

Tube

Jar/Bottle

Stick

Other Packaging

Market by Distribution Channel:

Supermarket/Hypermarket

Specialty Store

Pharmaceutical Store

Departmental Store

Online Retail

Other Distribution Channels

 Report Highlights

- Detailed analysis of current and future market trends to identify investment opportunities.

- Market forecasts till 2032, using estimated market values as base numbers.

- Key market trends across business segments, regions, and countries.

- Key developments and strategies observed in the market.

- Market dynamics such as drivers, restraints, opportunities, and other trends.

- In-depth company profiles of key players and upcoming prominent players.

- Growth prospects among emerging nations through 2032.

Request for Customization: https://inkwoodresearch.com/request-for-custom-report/

Companies Profiled

•   ��       VERTLYBALM LTD

•           TILRAY BRANDS INC

•           SWISS ORGANIC PARTNERS AG

•           PURA EARTH

•           MYADERM

•           KIEHL'S LLC

•           KAPU MAKU LLC (POPULUM)

•           ISODIOL INTERNATIONAL INC

•           HERBIVORE BOTANICALS

•           ENDOCA BV

•           MEDICAL MARIJUANA INC

•           ELIXINOL GLOBAL LIMITED

•           CBD FOR LIFE

•           CANNUKA LLC

•           EARTHLY BODY

FAQs

1. What are the key factors driving the growth of the CBD Skincare Market?

Answer: The growth is driven by the increasing awareness of CBD’s potential benefits, such as its antioxidant and anti-inflammatory properties, the rising preference for natural and holistic skincare products, and the surge in demand for alternative therapies for various skin conditions.

2. What trends are shaping the CBD skincare market?

Answer: Key trends include the growing preference for natural and organic skincare products, increased consumer awareness of the benefits of CBD, and a rise in online sales channels.

3. What opportunities exist for new entrants in the CBD skincare market?

Answer: New entrants can capitalize on the growing demand for CBD-infused skincare, the shift towards organic and natural cosmetics, and the expanding online retail market. Additionally, innovations in product formulations and packaging can offer significant growth opportunities.

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