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The CBD-infused cosmetics market size is estimated to grow by USD 10.63 billion at a CAGR of 39.04% between 2023 and 2028. The market is experiencing significant growth due to innovation and portfolio expansion within the industry. Brands are premiumizing their product offerings by incorporating CBD, a non-psychoactive compound found in cannabis, into their cosmetics. This trend is particularly resonating with millennials, who are increasingly aware of CBD's potential benefits for skincare and wellness. The cosmetics industry as a whole is thriving, with global sales projected to reach USD 862.8 billion by 2024. CBD's ability to provide anti-inflammatory, antioxidant, and anti-anxiety properties makes it an attractive addition to cosmetics, further driving market growth.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Source
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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