ASIA PACIFIC CBD SKIN CARE MARKET FORECAST 2020-2028

The Asia Pacific CBD skin care market is estimated to grow significantly and record a CAGR of 28.25% during the estimated period of 2020-2028. The rising interest by countries to legalize marijuana is providing enormous growth opportunities for the market in the region. Asia Pacific CBD Skin Care Market

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The analysis of the Asia Pacific CBD skin care market constitutes market evaluation of India, Indonesia, Australia & New Zealand, Vietnam, Japan, Thailand, China, South Korea, and the rest of Asia Pacific. In China, cannabis has been widely used for medicinal purposes for ages. According to research, all parts of the cannabis plants have been used in Chinese medicine. In January 2020, ZSM, a well-known Chinese eye brand, launched eye essence and eye mask with hemp leaf extract. Another company, Shanghai CBD Biotechnology, introduced a range of skin care products containing hemp leaf extract and seed oil. In Japan, CBD oil is legal, but THC is strictly banned. Japan’s CBD products are mostly imported, mainly used in cosmetics, health products or food, dietary supplements, and pet snacks.

In countries like India, the use of marijuana became illegal in 1985 in response to the War of Drugs conducted by the U.S. In 2018, Uttarakhand was the first state in the country that allowed the commercial cultivation of hemp crop. BOHECO became the first company to make CBD products in India, which makes medicinal products both for consumption and cosmetic purposes. In South Korea, the use of medical cannabis became legal in November 2018, making South Korea the first country in East Asia to legalize medical cannabis. In March 2020, Kolma Pharma will start supplying CBD to cosmetics manufacturing companies in Korea, along with Greenery, the only company that imports cannabis oil.

Elixinol Global Limited, based in Sydney, Australia, manufactures and distributes industrial hemp-based dietary supplements and skin care products.

TABLE OF CONTENTS
  1. RESEARCH SCOPE & METHODOLOGY
    1. STUDY OBJECTIVES
    2. SCOPE OF STUDY
    3. METHODOLOGY
    4. ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    1. MARKET SIZE & ESTIMATES
    2. MARKET OVERVIEW
  3. MARKET DYNAMICS
    1. MARKET DEFINITION
    2.    KEY DRIVERS
      1. MULTI-FUNCTIONAL ATTRIBUTES OF CBD INFUSED SKIN CARE PRODUCTS
      2. HIGH DEMAND FOR PERSONAL CARE PRODUCTS MANUFACTURED BY USING NATURAL INGREDIENTS
      3. INCREASING HEALTH AWARENESS
    3.    KEY RESTRAINTS
      1. REGULATORY IMPOSITIONS FROM GOVERNMENT AUTHORITIES
      2. RISK OF BACTERIAL CONTAMINATION
  4. KEY ANALYTICS
    1. KEY INVESTMENT INSIGHTS
    2.    PORTER’S FIVE FORCE ANALYSIS
      1. BUYER POWER
      2. SUPPLIER POWER
      3. SUBSTITUTION
      4. NEW ENTRANTS
      5. INDUSTRY RIVALRY
    3. OPPORTUNITY MATRIX
    4. VALUE CHAIN ANALYSIS
  5. MARKET BY SOURCE
    1. HEMP
    2. MARIJUANA
  6. MARKET BY PRODUCT TYPE
    1. OILS
    2. LOTION & CREAMS
    3. MASKS & SERUMS
    4. BATH & SOAPS
    5. OTHER PRODUCTS
  7. MARKET BY DISTRIBUTORS
    1. SUPERMARKETS/HYPERMARKETS
    2. RETAIL PHARMACIES
    3. DEPARTMENTAL STORES
    4. E-COMMERCE
    5. OTHER DISTRIBUTORS
  8. GEOGRAPHICAL ANALYSIS
    1.    ASIA PACIFIC
      1. CHINA
      2. JAPAN
      3. INDIA
      4. SOUTH KOREA
      5. INDONESIA
      6. THAILAND
      7. VIETNAM
      8. AUSTRALIA & NEW ZEALAND
      9. REST OF ASIA PACIFIC
  9. COMPANY PROFILES
    1. CANNUKA LLC
    2. CRONOS GROUP INC
    3. ELIXINOL ASIA PACIFIC LIMITED
    4. ENDOCA BV
    5. FAB CBD
    6. ISODIOL INTERNATIONAL INC.
    7. JOY ORGANICS
    8. KAPU MAKU LLC (POPULUM)
    9. KHIRON LIFE SCIENCES CORP
    10. KIEHL'S LLC (ACQUIRED BY L'ORÉAL)
    11. LEEF ORGANICS LTD
    12. MEDICAL MARIJUANA INC
    13. THE CBD SKINCARE COMPANY
    14. VERTLYBALM
LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – CBD SKIN CARE

TABLE 2: ASIA PACIFIC CBD SKIN CARE MARKET, BY SOURCE, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 3: ASIA PACIFIC CBD SKIN CARE MARKET, BY SOURCE, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 4: ASIA PACIFIC CBD SKIN CARE MARKET, BY PRODUCT TYPE, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 5: ASIA PACIFIC CBD SKIN CARE MARKET, BY PRODUCT TYPE, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 6: ASIA PACIFIC CBD SKIN CARE MARKET, BY DISTRIBUTORS, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 7: ASIA PACIFIC CBD SKIN CARE MARKET, BY DISTRIBUTORS, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 8: ASIA PACIFIC CBD SKIN CARE MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 9: ASIA PACIFIC CBD SKIN CARE MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1: KEY INVESTMENT INSIGHTS

FIGURE 2: PORTER’S FIVE FORCE ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: VALUE CHAIN ANALYSIS

FIGURE 5: ASIA PACIFIC CBD SKIN CARE MARKET, GROWTH POTENTIAL, BY SOURCE, IN 2019

FIGURE 6: ASIA PACIFIC CBD SKIN CARE MARKET, BY HEMP, 2020-2028 (IN $ MILLION)

FIGURE 7: ASIA PACIFIC CBD SKIN CARE MARKET, BY MARIJUANA, 2020-2028 (IN $ MILLION)

FIGURE 8: ASIA PACIFIC CBD SKIN CARE MARKET, GROWTH POTENTIAL, BY PRODUCT TYPE, IN 2019

FIGURE 9: ASIA PACIFIC CBD SKIN CARE MARKET, BY OILS, 2020-2028 (IN $ MILLION)

FIGURE 10: ASIA PACIFIC CBD SKIN CARE MARKET, BY LOTION & CREAMS, 2020-2028 (IN $ MILLION)

FIGURE 11: ASIA PACIFIC CBD SKIN CARE MARKET, BY MASKS & SERUMS, 2020-2028 (IN $ MILLION)

FIGURE 12: ASIA PACIFIC CBD SKIN CARE MARKET, BY BATH & SOAPS, 2020-2028 (IN $ MILLION)

FIGURE 13: ASIA PACIFIC CBD SKIN CARE MARKET, BY OTHER PRODUCTS, 2020-2028 (IN $ MILLION)

FIGURE 14: ASIA PACIFIC CBD SKIN CARE MARKET, GROWTH POTENTIAL, BY DISTRIBUTORS, IN 2019

FIGURE 15: ASIA PACIFIC CBD SKIN CARE MARKET, BY SUPERMARKETS/HYPERMARKETS, 2020-2028 (IN $ MILLION)

FIGURE 16: ASIA PACIFIC CBD SKIN CARE MARKET, BY RETAIL PHARMACIES, 2020-2028 (IN $ MILLION)

FIGURE 17: ASIA PACIFIC CBD SKIN CARE MARKET, BY DEPARTMENTAL STORES, 2020-2028 (IN $ MILLION)

FIGURE 18: ASIA PACIFIC CBD SKIN CARE MARKET, BY E-COMMERCE, 2020-2028 (IN $ MILLION)

FIGURE 19: ASIA PACIFIC CBD SKIN CARE MARKET, BY OTHER DISTRIBUTORS, 2020-2028 (IN $ MILLION)

FIGURE 20: ASIA PACIFIC CBD SKIN CARE MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 21: CHINA CBD SKIN CARE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 22: JAPAN CBD SKIN CARE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 23: INDIA CBD SKIN CARE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 24: SOUTH KOREA CBD SKIN CARE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 25: INDONESIA CBD SKIN CARE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 26: THAILAND CBD SKIN CARE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 27: VIETNAM CBD SKIN CARE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 28: AUSTRALIA & NEW ZEALAND CBD SKIN CARE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 29: REST OF ASIA PACIFIC CBD SKIN CARE MARKET, 2020-2028 (IN $ MILLION

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