| Product Code: ETC7908675 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s cosmetics import market saw significant growth in 2024, with top exporters being Germany, Poland, China, Lithuania, and Belgium. The market experienced a shift towards higher concentration levels, indicating increased competition among key players. With a notable Compound Annual Growth Rate (CAGR) of 20.6% from 2020 to 2024 and a growth rate of 50.25% from 2023 to 2024, the cosmetics import sector in Latvia is showing strong momentum and attracting attention from international suppliers. It will be crucial for companies to monitor market dynamics and consumer preferences to capitalize on this growing opportunity.

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 Cosmetics Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Cosmetics Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Cosmetics Market - Industry Life Cycle |
3.4 Latvia Cosmetics Market - Porter's Five Forces |
3.5 Latvia Cosmetics Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Cosmetics Market Revenues & Volume Share, By Category, 2021 & 2031F |
4 Latvia Cosmetics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Cosmetics Market Trends |
6 Latvia Cosmetics Market, By Types |
6.1 Latvia Cosmetics Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Cosmetics Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Cosmetics Market Revenues & Volume, By Face Care, 2021- 2031F |
6.1.4 Latvia Cosmetics Market Revenues & Volume, By Body Care, 2021- 2031F |
6.1.5 Latvia Cosmetics Market Revenues & Volume, By Hair Care, 2021- 2031F |
6.1.6 Latvia Cosmetics Market Revenues & Volume, By Bath Products, 2021- 2031F |
6.1.7 Latvia Cosmetics Market Revenues & Volume, By Color Cosmetics, 2021- 2031F |
6.2 Latvia Cosmetics Market, By Category |
6.2.1 Overview and Analysis |
6.2.2 Latvia Cosmetics Market Revenues & Volume, By Organic/Natural, 2021- 2031F |
6.2.3 Latvia Cosmetics Market Revenues & Volume, By Synthetic, 2021- 2031F |
7 Latvia Cosmetics Market Import-Export Trade Statistics |
7.1 Latvia Cosmetics Market Export to Major Countries |
7.2 Latvia Cosmetics Market Imports from Major Countries |
8 Latvia Cosmetics Market Key Performance Indicators |
9 Latvia Cosmetics Market - Opportunity Assessment |
9.1 Latvia Cosmetics Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Cosmetics Market Opportunity Assessment, By Category, 2021 & 2031F |
10 Latvia Cosmetics Market - Competitive Landscape |
10.1 Latvia Cosmetics Market Revenue Share, By Companies, 2024 |
10.2 Latvia Cosmetics 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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