| Product Code: ETC4792044 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s bath supplies import market in 2024 continued to be dominated by key exporters such as Poland, Lithuania, China, Germany, and Italy. The high Herfindahl-Hirschman Index (HHI) signifies a concentrated market. With a Compound Annual Growth Rate (CAGR) of 1.34% from 2020 to 2024, the industry has shown steady growth. Moreover, the growth rate of 5.53% from 2023 to 2024 indicates a positive momentum in import shipments, highlighting potential opportunities for both suppliers and buyers in the bath supplies sector in Latvia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latvia Bath Supplies Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Bath Supplies Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Bath Supplies Market - Industry Life Cycle |
3.4 Latvia Bath Supplies Market - Porter's Five Forces |
3.5 Latvia Bath Supplies Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Latvia Bath Supplies Market Revenues & Volume Share, By Application? , 2021 & 2031F |
4 Latvia Bath Supplies Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about personal hygiene and self-care among consumers in Latvia |
4.2.2 Growing demand for eco-friendly and sustainable bath supplies |
4.2.3 Rising disposable income and changing lifestyle preferences in the Latvian population |
4.3 Market Restraints |
4.3.1 Price sensitivity of consumers in Latvia affecting purchasing decisions |
4.3.2 Intense competition from both domestic and international bath supplies brands |
4.3.3 Fluctuating raw material prices impacting production costs for bath supplies manufacturers |
5 Latvia Bath Supplies Market Trends |
6 Latvia Bath Supplies Market Segmentations |
6.1 Latvia Bath Supplies Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Latvia Bath Supplies Market Revenues & Volume, By Shower Products, 2021-2031F |
6.1.3 Latvia Bath Supplies Market Revenues & Volume, By Liquid Bath Products, 2021-2031F |
6.1.4 Latvia Bath Supplies Market Revenues & Volume, By Bath Additives, 2021-2031F |
6.1.5 Latvia Bath Supplies Market Revenues & Volume, By Bar Soaps, 2021-2031F |
6.2 Latvia Bath Supplies Market, By Application? |
6.2.1 Overview and Analysis |
6.2.2 Latvia Bath Supplies Market Revenues & Volume, By Supermarkets, 2021-2031F |
6.2.3 Latvia Bath Supplies Market Revenues & Volume, By Hypermarkets, 2021-2031F |
6.2.4 Latvia Bath Supplies Market Revenues & Volume, By Specialist Stores, 2021-2031F |
6.2.5 Latvia Bath Supplies Market Revenues & Volume, By Drug Stores, 2021-2031F |
6.2.6 Latvia Bath Supplies Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Bath Supplies Market Import-Export Trade Statistics |
7.1 Latvia Bath Supplies Market Export to Major Countries |
7.2 Latvia Bath Supplies Market Imports from Major Countries |
8 Latvia Bath Supplies Market Key Performance Indicators |
8.1 Consumer sentiment towards eco-friendly bath supplies |
8.2 Adoption rate of innovative bath products in the Latvian market |
8.3 Growth in online sales of bath supplies in Latvia |
9 Latvia Bath Supplies Market - Opportunity Assessment |
9.1 Latvia Bath Supplies Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Latvia Bath Supplies Market Opportunity Assessment, By Application? , 2021 & 2031F |
10 Latvia Bath Supplies Market - Competitive Landscape |
10.1 Latvia Bath Supplies Market Revenue Share, By Companies, 2024 |
10.2 Latvia Bath Supplies Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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