- The CBD skin-care sector has been projected to reach $1.7 billion by 2025
- Market growth has been driven by rising awareness about the benefits of CBD-infused beauty products.
- Simply Sonoma anticipates releasing an array of face and skin creams, moisturizers and beauty products.
Interest in cannabidiol, or CBD, is exploding as the substance has been shown to have myriad benefits. A chemical derived from cannabis, CBD has been included in everything from gummies to dog treats and more. One of the sectors showing impressive potential is skin care, a market that has been projected to reach $1.7 billion by 2025 (https://ibn.fm/a33ND). Simply Sonoma is positioning itself as a strong player in the field as the company focuses on the development of a wide array of skin-care products.
“The global CBD skincare market size was estimated at USD$234.1 million in 2018 and is projected to grow at a CAGR of 32.9% over the forecasted period, from 2019 to 2025,” a Million Insights article reported. “The market growth has been majorly driven due to rising awareness about the benefits of CBD-infused beauty products. . .
“Cannabidiol is gaining popularity due to its relaxing, anti-anxiety and pain-relieving properties,” the article continued. “The growing adoption of CBD-infused skincare products in developed regions supported by the legalization of cannabis cultivation is projected to drive the market growth over the forecast period.”
The article noted that CBD-based beauty products are effective and safe for all skin types. “[CBD] is highly beneficial to people who are facing acne, dryness, inflammation and sensitive skin problems,” Million Insights observed. “Due to its high inflammatory property, CBD is used for the skin’s natural healing process and reducing breakouts. It also acts as an antioxidant that helps in reducing early signs of aging and reduces the pain caused by inflammatory skin problems.”
Companies eyeing growth opportunities in the space are looking at offering CBD-infused oils, creams and moisturizers, serums and masks, cleansers and more. According to Million Insights, the skin-care oil category is the largest piece of the CBD skin-care pie, coming in at 41% market share in 2018. However, while oils remain strong, masks and serums are projected to see the CAGR, projected to be more than 33.5% from 2019 to 2025.
“The CBD-based serum and mask are expected to gain a significant share over the forecast period. This scenario is anticipated to boost the product demand among consumers owing to its easy application and deep absorption in the skin,” the reported stated.
Simply Sonoma is looking to leverage its CBD expertise as it develops an organic beauty product line. The company anticipates releasing an array of face and skin creams, moisturizers and beauty products (https://ibn.fm/fx1Tk).
Simply Sonoma is a different kind of natural company. The company is committed to creating high-quality products using all-natural, organically sun-grown, plant-based ingredients. In addition, because the company is committed to minimizing its carbon footprint, it operates off the grid, relying on solar power.
For more information, or to invest in Simply Sonoma, visit the company’s website at www.SimplySonoma.org.
NOTE TO INVESTORS: The latest news and updates relating to Simply Sonoma are available in the company’s newsroom at https://ibn.fm/Sonoma
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