CBD: The Next Big Thing In Skin Care?
Since the 2018 farm bill passed, CBD has begun popping up in almost every consumer facing industry. The question everyone is asking is, “Which industry is next?” Some think the answer is “Skincare.” Historically, this space has been quick to understand and utilize new supplements, always on the lookout for any edge they can get.
According to a report from Million Insights, the global CBD skincare market is expected to reach $1.7 billion by 2025, registering a 32.9% CAGR over the forecast period, from 2019 to 2025. Increasing awareness about CBD and its healing properties have consumers demanding CBD infused beauty products, a trend that supports estimates of market growth.
Where can I get CBD topicals?
Here at BDX, we have you covered! Over the last couple months, we have been working with expert topical product formulators to create some of the best CBD topicals on the market. To this end, we combined three oils, four additives, and several botanicals, natural emulsifiers, and gels. Our goal: a fast acting and effective skincare product. Quick absorption was achieved by mimicking your body’s natural oils. Most importantly, it needed to be effective. Each lotion and gel includes 1000 mg CBD per ounce to ensure that it delivers every time.
Our CBD Sports Gel/Lotion has received incredible feedback regarding its ability to aid muscle performance during and after a workout. Additionally, our CBD Calming Gel/Lotion has received amazing reviews raving about pain-free and restful nights of sleep.
We are offering both of these products for private labelling. If you'd like to try a sample or just want to learn more, call us at 317-741-5173 or email us at info@bdxco.com.
The next big thing in skin care?
“The people who are facing acne, dryness, inflammation, and sensitivity problems will greatly benefit from these products as CBD based beauty products help to heal the breakouts and eczema flare-ups,” asserted the Million Insights report. Helping consumers find real solutions to problems they face every day will give skincare company’s that edge they have been looking for.
“EU cosmetic ingredient database projected that hemp-infused oil can be used as a surfactant cleanser, emollient, and skin conditioning agent. Hemp molecules are easy to absorb in the skin and give healthy results, thereby, expected to drive the CBD skin care market growth during the forecast period,” the Million Insights report continued.
Another report from Allied Market Research supported the projection saying that the global CBD skincare market was valued at $633.6 million in 2018 and is anticipated to reach $3.48 billion by 2026, with a CAGR of 24.80% during the forecast period.
Company Update: Facility Tour
Last week, we were able to host the Indiana State Department of Agriculture at our facility. While showing them around, we got to talking about our journey to this point, the state of the CBD industry, and what we are doing to help our customers. Read the full Inside Indiana Business article here.