A Steep Rise
In our last blog post about CBD, we discussed how airless packaging items are perfectly suited to accommodate CBD and how the two are practically meant for each other. However, we did not cover absolutely everything you might find insightful about CBD skincare. And so, we will be delving into why the cannabidiol trend is constantly on the rise and why the market has become so valuable in such as short span of time.
The hemp-cosmetics market has been estimated to be valued at approximately R8 000 000 000 with the majority stake of it being in North America. While major changes within “bohemeth” sectors do take place at a much faster rate than they would have a few decades ago with the outcome of this being that the changes die out as quick as they had sprung up - it is fair to conclude that the CBD trend is contrary and won’t be fading away anytime soon. This, especially with the recent forecast from the Grand View Research where it has been predicted that the CBD-infused cosmetics market should be valued at an estimated R13 000 000 000 by 2028.
Whether it is clothing, food or pharmaceuticals – you are almost certain to run into CBD. With its initial “buzzy” emergence having been in the pharmaceutical sector, it should not come as a complete surprise that CBD has become an integral part of the beauty and wellness sector(s). A wide array of CBD-infused products are emerging from throughout the above-mentioned sectors in products such as serums, cleansers, lip balms and even as stand-alone CBD consumables.
Cosmetic and Pharmaceutical
CBD is a chemical compound found in the cannabis plant. The cannabis plant possesses two primary active ingredients; Tetrahydrocannabinol (THC) as well as the star-ingredient, Cannabidiol (CBD) which does not contain psychoactive properties; that is, does not “intoxicate” you.
Despite limited research, CBD has shown to be effective in alleviating a wide range of conditions including insomnia, appetite loss, chronic pain and inflammation. As we will see now; the compound is effective through both consumption and topical application. A study from the European Journal of Pain showed that a large number of patients who have used CBD on their skin have reported the compound to having effectively improved skin implications including skin inflammation, dryness and acne.
While the abbreviation CDB is widely accepted and used casually – the compound is a little more complex than what meets the eye. There are three sub-CBD categories which are used differently depending on the skincare product, its purpose and method of consumption. The most common of these three is the CBD Isolate which is the “purest” version of CBD. This type is the most commonly used in CBD infused facial and skincare products such as cream and oil.
The CBD Story is Still Being Written …
So, we have established that the CBD market is growing and is expecting further, greater expansion. Having primarily been understood as a market set in the pharmaceutical and wellness sectors, it is somewhat safe to assume that CBD-infused beauty and wellness products and product-categories are going to keep on coming and soon, maybe not too soon but eventually – the market, like all "behemoth" markets – will face something of a saturation where businesses and their products will really have to stand out in order to kindle the aspirations and hearts of customers.
For more info on CBD skincare products that naturally stand out in an increasingly competitive market, consider reading our last post on CDB here: https://www.floraison.net/post/cbd-infused-products-airless-packaging-a-perfect-match
To get packaging recommendations as you proceed on your CBD Skincare journey, email sales@floraison.net or simply call 087 265 5939.