Global Rice Water Haircare Products Market Size, Share, and COVID-19 Impact Analysis, By Product (Shampoo, Conditioner, Hair Masks, Serums, Hair Oil, and Others), By End-user (Men, and Women), By Distribution Channel (Hypermarkets & Supermarkets, Convenience Stores, Specialty Stores, Online and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.

Industry: Consumer Goods

RELEASE DATE Sep 2024
REPORT ID SI5832
PAGES 236
REPORT FORMAT PathSoft

Global Rice Water Haircare Products Market Insights Forecasts to 2033

  • The Global Rice Water Haircare Products Market Size was Valued at USD 1.53 Billion in 2023
  • The Market Size is Growing at a CAGR of 7.62% from 2023 to 2033
  • The Worldwide Rice Water Haircare Products Market Size is Expected to Reach USD 3.19 Billion by 2033
  • Asia Pacific is Expected to Grow the fastest during the forecast period.

 

Global Rice Water Haircare Products Market

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The Global Rice Water Haircare Products Market Size is Anticipated to Exceed USD 3.19 Billion by 2033, Growing at a CAGR of 7.62% from 2023 to 2033.

 

Market Overview

Rice water has an extended history of utilization in various cultures, particularly in East Asia. Historically, women in Japan, China, and Southeast Asia have utilized rice water as a beauty cure for centuries. There has been a marked shift towards natural and organic products in the beauty industry, likely favoring the acceptance of rice water haircare products. Consumers are gradually more wary of synthetic chemicals and are looking for products with natural ingredients. Rice water fits entirely into this trend. Therefore, its natural origin and minimal dispensation appeal to eco-conscious customers. Scientific research validating the reimbursement of rice water for hair, such as enhanced hair strength, improved shine, and improved growth, considerably drives the rice water hair care products market. 

 

According to a study in the International Journal of Cosmetic Science, inositol, a carbohydrate in rice water, permeated into the interior of damaged hair and repaired it from within. Furthermore, rice water is rich in amino acids, vitamins B, C, and E, minerals, and antioxidants, all bioactive compounds for hair health. Continued research and innovation in product formulations increased the efficacy, hence the popularity, of rice water haircare products. Brands are funding scientific studies to perfect processes of extraction and fermentation so that these useful compounds in rice water can be maximally extracted. Resulting innovations, such as the addition of other natural ingredients that complement rice water properties, have led to unique, highly utilitarian products.

 

Report Coverage

This research report categorizes the market for rice water haircare products based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the rice water haircare products market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the rice water haircare products market.

 

Global Rice Water Haircare Products Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 1.53 Billion
Forecast Period:2023-2033
Forecast Period CAGR 2023-2033 :7.62%
2033 Value Projection:USD 3.19 Billion
Historical Data for:2019-2022
No. of Pages:236
Tables, Charts & Figures:117
Segments covered:By Product, By End-user, By Distribution Channel, and By Region
Companies covered:: Advanced Insulation Plc, BASF SE, Green Insulation Solutions, DowDuPont, Cabot Corporation, Trelleborg, Shawcor Ltd., Aspen Aerogels Inc., Rock Wool Sandwich Panels, TechnipFMC, Kevothermal Ltd., AF Global, and Others
Pitfalls & Challenges:COVID-19 Empact, Challenge, Future, Growth, & Analysis

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Driving Factors

The rice water haircare products market is driven by several factors such as continuous research and development with innovation in the product formulation driving the growth of rice water haircare products by enhancing the effectiveness of the products. Market players are investing in scientific research to optimize the fermentation and extraction processes, ensuring that the beneficial compounds in rice water are maximized. Innovations such as incorporating other natural ingredients that complement rice water's properties have led to the development of exceptional and highly useful products. There is a changed interest in rice water as a hair treatment, with the increasing recognition of natural and traditional beauty practices. Increasing demand for natural and organic products, due to concerns about the harmful effects of chemicals, is fueling market growth. The demand for specific haircare solutions like rice water-based products will rise, as consumers become more aware of the importance of hair health. Social media platforms serve as influential marketing channels, accelerating consumer awareness and adoption of rice-water-based haircare products.

 

Restraining Factors

Higher pricing for rice water-based haircare products compared to traditional hair products will lead to these products being less accessible and less attractive to a broader consumer audience, particularly in price-sensitive markets. Furthermore, without the standardized norms and regulations by which rice water hair care products are formulated and labeled, the safety and efficacy of these products are under question, thereby leading to the avoidance of these products by some potential consumers. In addition to this, the limited scientific research that supports the long-term results from using rice water in a hair care routine, and the possible low quality of rice water offered by some brands, may also slow down the pace of acceptance of these products in a few regions.  

 

Market Segmentation

 

The rice water haircare products market share is classified into product, end-user, and distribution channels.

 

  • The shampoo segment is estimated to hold the highest market revenue share through the projected period.

Based on the product, the rice water haircare products market is classified into shampoo, conditioners, hair masks, serums, hair oil, and others. Among these, the shampoo segment is estimated to hold the highest market revenue share through the projected period. Its easy, effortless application makes shampoo highly compatible with fast-paced daily routines. Busy consumers turn to shampoo knowing they can cleanse their hair within minutes in between commitments. This fits neatly into tight schedules and allows hair washing to fit around other priorities like work, family obligations, and social activities. Alongside convenience, shampoo is also a highly effective product for basic hair cleaning needs. Unlike hair oils focused on treatment benefits, or styling products aimed at specific looks, shampoo delivers reliable cleansing capabilities for diverse hair types and textures. With a wide range of formula variants addressing different hair concerns, consumers can find shampoos tailored for dryness, damage, oiliness, and other needs.

 

  • The women segment is anticipated to hold the largest market share through the forecast period.

Based on the end-user, the rice water haircare products market is divided into men and women. Among these, the women segment is anticipated to hold the largest market share through the forecast period. This may be mainly due to the increasing consumer demand for natural and sustainable hair care solutions among females, who want more effective products with advantages such as strengthening, shining, and manageable hair. Women do tend to be more aware of their haircare health and would definitely treat themselves to special hair treatments, particularly those containing ingredients derived from old-day traditional recipes that include rice water. Increasingly, awareness of the probable benefits that rice water can offer for a diversity of hair kinds and conditions has been raised, while the trends from Asia on beauty and wellness continue to gain popularity, thus fueling growth in demand for rice water-based hair care products in the women's segment during the forecast period. 

 

  • The hypermarkets & supermarkets segment is expected to dominate the global rice water haircare products market during the forecast timeframe.

Based on the distribution channel, the rice water haircare products market is divided into hypermarkets & supermarkets, convenience stores, specialty stores, online, and others. Among these, the hypermarkets & supermarkets segment is expected to dominate the global rice water haircare products market during the forecast timeframe. This can be attributed to the convenient one-stop shopping experience they offer consumers. Customers are able to fulfill all their haircare product needs while picking up staples and ingredients for other household needs under one roof.  Being able to compare products side-by-side, evaluate options, and make purchase decisions quickly is a key value these retail giants provide. Wide aisles allow for comfortable browsing, and centrally located hair care sections make finding desired items effortless. Varied price points across brands also mean value-conscious buyers can stretch their budgets further. The household shopping trip mindset of consumers has solidified hypermarkets and supermarkets as go-to places for hair products. Bundling hair care essentials along with larger grocery runs makes financial as well as logistic sense. Frequent grocery shoppers come to depend on finding products at competitively low prices in these large retail environments. This one-shop convenience powered by infrastructure superiority has concentrated significant market power in the hands of hypermarkets and supermarkets. While other channels like pharmacies or specialty retailers may attract niche clients, mainstream customers remain loyal to trusted supermarket experiences for affordable yet comprehensive hair care solutions. 

 

Regional Segment Analysis of the Rice Water Haircare Products Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

North America is anticipated to hold the largest share of the rice water haircare products market over the predicted timeframe.

 

Global Rice Water Haircare Products Market

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North America is anticipated to hold the largest share of the rice water haircare products market over the predicted timeframe. The region has a diverse population with varying hair types, textures, and styling preferences. Rice water-based haircare products cater to the needs of consumers with different hair concerns, including dryness, damage, and frizz. Social media platforms play a significant role in promoting rice water haircare products to consumers of the country. Influencers, beauty bloggers, and content creators share informative content, tutorials, and endorsements on platforms like Instagram, YouTube, and TikTok. North American consumers are gradually more concerned about sustainability, making rice water products attractive due to their eco-friendly attributes. The expansion of e-commerce and online shopping has made these products more accessible to a broader audience. Furthermore, advancements in product formulations have enhanced the effectiveness of rice water haircare products, further driving their popularity in the region. Consumers are gradually more looking for natural and organic ingredients, as evidenced by the popularity of products like Mielle Organics’ Rice Water Collection, which promotes healthy hair with minimal chemicals. Moreover, e-commerce platforms like Amazon make these products readily accessible, further increasing their appeal. Environmental concerns are also influencing choices, with many customers preferring eco-friendly options like rice water products.

 

Asia Pacific is expected to grow at the fastest CAGR growth of the rice water haircare products market during the forecast period. Rice water has long been a staple in traditional beauty practices in countries like Japan and Korea, with products like K-beauty brand Missha’s Rice Water Brightening Toner capitalizing on its historical benefits. Additionally, increasing awareness of holistic wellness and sustainable beauty practices is driving the demand for eco-friendly and effective haircare solutions. The growth of the middle class and rising disposable incomes in countries like China and India also contribute to the expanding market. These factors combine to drive the growing demand for rice water haircare products in Asia Pacific. Celebrity endorsements of rice water haircare products, along with influencer testimonials and recommendations, help drive product awareness and credibility among Indian consumers. There is a growing trend among Indian consumers to prioritize hair growth and lengthening. Rice water is believed to promote hair growth and strengthen hair follicles, making rice water-based haircare products particularly appealing to individuals seeking to enhance hair length and volume. 

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the rice water haircare products market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Advanced Insulation Plc
  • BASF SE
  • Green Insulation Solutions
  • DowDuPont
  • Cabot Corporation
  • Trelleborg
  • Shawcor Ltd.
  • Aspen Aerogels Inc.
  • Rock Wool Sandwich Panels
  • TechnipFMC
  • Kevothermal Ltd.
  • AF Global
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

 

  • In March 2024, Beyonce’s New Hair Care Line Enters a Market Craving Disruption, the fragmented nature of the market for hair care products directed at Black women theoretically gives entrepreneurs an opening.

 

  • In October 2022, As I Am, launched a rice water collection that holds over 45 haircare-specific patents. This new, highly effective line delivers essential nutrients to promote hair growth, reduce hair loss, and combat breakage.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the rice water haircare products market based on the below-mentioned segments: 

 

Global Rice Water Haircare Products Market, By Product

  • Shampoo
  • Conditioner
  • Hair Masks
  • Serums
  • Hair Oil
  • Others

 

Global Rice Water Haircare Products Market, By End-user

  • Men
  • Women

 

Global Rice Water Haircare Products Market, By Distribution Channel

  • Hypermarkets & Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Online
  • Others

 

Global Rice Water Haircare Products Market, By Regional Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1. What is the CAGR of the rice water haircare products market over the forecast period?
    The rice water haircare products market is projected to expand at a CAGR of 7.62% during the forecast period.
  • 2. What is the market size of the rice water haircare products market?
    The Global Rice Water Haircare Products Market Size is Expected to Grow from USD 1.53 Billion in 2023 to USD 3.19 Billion by 2033, at a CAGR of 7.62% during the forecast period 2023-2033.
  • 3. Which region holds the largest share of the rice water haircare products market?
    North America is anticipated to hold the largest share of the rice water haircare products market over the predicted timeframe.

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