| Product Code: ETC5099806 | 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 |
The makeup brushes import market in Latvia saw significant growth in 2024, with top exporting countries being Germany, China, Poland, Finland, and Lithuania. The market concentration, as measured by the HHI, shifted from low to moderate in 2024, indicating increased competition. The impressive CAGR of 9.98% from 2020 to 2024, along with a notable growth rate of 34.69% from 2023 to 2024, signifies a thriving industry with expanding opportunities for international trade and market development 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 Makeup Brushes Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Makeup Brushes Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Makeup Brushes Market - Industry Life Cycle |
3.4 Latvia Makeup Brushes Market - Porter's Five Forces |
3.5 Latvia Makeup Brushes Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Makeup Brushes Market Revenues & Volume Share, By Sale Channel, 2021 & 2031F |
4 Latvia Makeup Brushes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing beauty and makeup trends among the younger generation in Latvia |
4.2.2 Growing focus on personal grooming and self-care routines |
4.2.3 Rising popularity of social media influencers promoting makeup products |
4.3 Market Restraints |
4.3.1 Limited awareness and availability of high-quality makeup brushes in the Latvian market |
4.3.2 Price sensitivity among consumers due to economic factors |
5 Latvia Makeup Brushes Market Trends |
6 Latvia Makeup Brushes Market Segmentations |
6.1 Latvia Makeup Brushes Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Makeup Brushes Market Revenues & Volume, By Natural Hair Brushes, 2021-2031F |
6.1.3 Latvia Makeup Brushes Market Revenues & Volume, By Synthetic Hair Brushes, 2021-2031F |
6.2 Latvia Makeup Brushes Market, By Sale Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Makeup Brushes Market Revenues & Volume, By Offline Sales, 2021-2031F |
6.2.3 Latvia Makeup Brushes Market Revenues & Volume, By Online Sales, 2021-2031F |
7 Latvia Makeup Brushes Market Import-Export Trade Statistics |
7.1 Latvia Makeup Brushes Market Export to Major Countries |
7.2 Latvia Makeup Brushes Market Imports from Major Countries |
8 Latvia Makeup Brushes Market Key Performance Indicators |
8.1 Number of beauty influencers using and recommending makeup brushes in Latvia |
8.2 Growth in the number of beauty salons and makeup studios in Latvia |
8.3 Increase in online searches and social media mentions related to makeup brushes in Latvia |
9 Latvia Makeup Brushes Market - Opportunity Assessment |
9.1 Latvia Makeup Brushes Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Makeup Brushes Market Opportunity Assessment, By Sale Channel, 2021 & 2031F |
10 Latvia Makeup Brushes Market - Competitive Landscape |
10.1 Latvia Makeup Brushes Market Revenue Share, By Companies, 2024 |
10.2 Latvia Makeup Brushes 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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