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This report has determined the CBD skin care market in Europe to proliferate at a compound annual growth rate of 21.47% during the forecast period 2019-2028. The United Kingdom, France, Germany, Spain, Russia, Italy, and Rest of Europe together shape the market in this region.
The use of medical cannabis has been legalized in France since 2013. The country is reported to have the cannabis consumption rate in all of Europe. Among the total 67 million people residents in France, 800,000 identify themselves as regular users of cannabis, and 17 million as experimenters.
Considering skincare products, the French people are more vigilant about what they consume and how they consume it. Adhering to the usage of natural products is predicted to be an underlying trend in the beauty and personal care market in the years to come. Thus, it can be seen that there is a high demand for CBD products in the country. All these factors are shaping the growth of the French CBD skin care market in the coming years.