There's a growing market for rice water skincare products,
fueled by the demand for natural beauty solutions. This trend is
expected to continue as new rice water products hit the shelves. A
report by FMI dives deep into this market, analyzing what's driving
this popularity, potential challenges, and future opportunities. It
even helps you make smart business decisions with investment
analysis and market research tools.
NEWARK, Del., March 28, 2024 /PRNewswire/ -- The rice skincare
water market foresees its current market valuation at
US$ 12.34 billion in 2024. The
market valuation is estimated to be US$
16.04 billion by 2034, projected at a CAGR of
2.7%.
Download the Sample PDF report to explore key market insights
and trends:
https://www.futuremarketinsights.com/reports/sample/rep-gb-19355
The rice water skincare market sees economic growth as consumers
propel natural and traditional beauty remedies for their skincare
routines. The popularity of rice water skincare products has pushed
upwards globally, thus leading to a raised demand for clean and
natural beauty solutions.
Manufacturers are introducing advanced formulations and
incorporating rice water for existing product lines. A huge
emphasis is given on market efforts marketing efforts due to the
natural and nourishing properties of rice water that help to
discriminate these skincare products in a competitive market
landscape.
Report Scope
Attributes
|
Details
|
Estimated Market
Size in 2024
|
US$ 6.8
billion
|
Projected Market
Valuation in 2034
|
US$ 12.85
billion
|
Value-based CAGR
2024 to 2034
|
6.5 %
|
Forecast
Period
|
2024 to 2034
|
Historical Data
Available for
|
2019 to 2023
|
Market
Analysis
|
Value in US$
billion
|
Key Market Segments
Covered
|
By Product
Type:
- Cleansers
- Toners
- Serums
- Moisturizers
- Face Packs/Masks
- Other Skin Care Products
By Skin
Type:
- Acne Prone Skin
- Dry Skin
- Normal Skin
- Oily Skin
- Sensitive Skin
- Combination Skin
By Consumer
Orientation:
By Sales
Channel:
- Hypermarkets/Supermarkets
- Specialty Stores
- Drug Stores & Pharmacies
- Convenience Stores
- Online Retailers
- Other Sales Channel
By
Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia and Pacific
- East Asia
- Middle East and Africa
|
Key Countries
Profiled
|
- The United States
- Canada
- Brazil
- Mexico
- Germany
- The United Kingdom
- France
- Spain
|
- Italy
- Russia
- Poland
- Czech Republic
- Romania
- India
- Bangladesh
- Australia
|
- New Zealand
- China
- Japan
- South Korea
- GCC countries
- South Africa
- Israel
|
Key Coverage in the
Rice Water Skincare Industry Report
|
- Adjacent Study on Rice Water Skincare
Market
- India Rice Water Skincare Market
- Rice Water Skincare Market Size, Current
Insights, and Demographic Trends
- Global Rice Water Skincare Prices
- Key Strategies in the Global Rice Water
Skincare Market
|
Key Takeaways from the Market Study
- By nature, the conventional segment is accounted to hold a
market share of 89.6% in 2024.
- The United States is estimated
to register at a CAGR of 1.8% by 2034.
- China experiences significant
growth, projected at a CAGR of 3.2% by 2034.
- Based on sales channel, the hypermarket segment is anticipated
to expand at 34.6% CAGR by 2034.
"The upward push in consumer preference for natural and
traditional beauty remedies is one important reason for upgrading
the rice water skincare market," says Sneha Varghese (Senior Consultant, Consumer
Products & Goods at Future Market Insights, Inc.)
Competitive Landscape
The competitive landscape of the rice water skincare market
features established brands and emerging players propelling for
market share. Major companies leverage the recognition of brands
and extensive distribution of their networks, while smaller brands
tend to focus on innovation and niche marketing strategies.
Some of the key developments are:
- In 2023, Procter & Gamble introduced a new rice water-based
facial cleanser under its skincare brand that focused on gentle yet
effective cleansing while harnessing the natural benefits of rice
water for hydrated and radiant skin.
- In 2023, Unilever launched a rice water-infused moisturizer as
part of its skincare line that asserted its hydrating and soothing
properties to address dryness and promote healthy skin barrier
function.
Purchase now and gain full access to
the Rice Water Skincare Industry report, featuring comprehensive
Market Forecast, Company Share Analysis, Competition Intelligence,
DROT Analysis, Market Dynamics and Challenges, and Strategic Growth
Initiatives.
More Valuable Insights Available
Future Market Insights offers an unbiased global rice water
skincare market analysis, providing historical data from 2019 to
2023 and forecast statistics from 2024 to 2034.
To understand market opportunities, the rice water skincare
market is segmented based on Product Type (Cleansers, Toners,
Serums, Moisturizers, Face Packs/Masks, Other Skin Care Products),
Skin Type (Acne Prone Skin, Dry Skin, Normal Skin, Oily Skin,
Sensitive Skin, Combination Skin), Consumer Orientation (Men,
Women, Unisex), Sales Channel (Hypermarkets/Supermarkets,
Speciality Stores, Drug Stores & Pharmacies, Convenience
Stores, Online Retailers, Other Sales Channel) and Region
(North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and the Middle East and Africa).
About the Consumer Product Division at Future Market
Insights
The consumer product team at Future Market Insights offers
expert analysis, time-efficient research, and strategic
recommendations to provide authentic insights and accurate results
to help clients worldwide. With over 100+ reports and one million+
data points, the team has analyzed the industry lucidly in 50+
countries for over a decade. The team briefly analyzes key trends,
including competitive landscape, profit margin, and research
development efforts.
About the Author:
Sneha Varghese (Senior
Consultant, Consumer Products & Goods) has 6+ years of
experience in the market research and consulting industry. She has
worked on 200+ research assignments pertaining to Consumer Retail
Goods.
Her work is primarily focused on facilitating strategic
decisions, planning and managing cross-functional business
operations, technology projects, and driving successful
implementations. She has helped create insightful, relevant
analysis of Food & Beverage market reports and studies that
include consumer market, retail, and manufacturer research
perspective. She has also been involved in several bulletins in
food magazines and journals.
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