The global CBD skin-care market is projected to grow nearly 8x and reach $7.6 billion by 2029, while THC topicals are expected to triple their 2021 value ($153 million) by 2030.
Vital differences exist between cannabis consumers and nonconsumers regarding their skin-care behaviors and spending habits. Produced in partnership with San Francisco-based Purissima, Inc., New Frontier Data’s latest report, Cannabis and Beauty: Opportunities in the CBD Skin-Care Market uses data from a comprehensive consumer survey to explore people’s understanding and use of CBD skin-care products, including routines, spending habits, and preferred products along with the key demographics detailing the likeliest and most profitable customers for any industry stakeholder or prospective investor to identify.
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