| Product Code: ETC7917474 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s organic cosmetics import market continued to thrive in 2024, with key suppliers including Poland, Germany, Lithuania, Metropolitan France, and the Netherlands. The market maintained low concentration levels, indicating a diverse range of sources. The impressive compound annual growth rate (CAGR) of 9.4% from 2020 to 2024 highlights sustained expansion. Furthermore, the growth rate of 13.76% from 2023 to 2024 underscores the increasing demand for organic cosmetics in Latvia. This data suggests a promising outlook for the organic cosmetics import market in the country.

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 Organic Cosmetics Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Organic Cosmetics Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Organic Cosmetics Market - Industry Life Cycle |
3.4 Latvia Organic Cosmetics Market - Porter's Five Forces |
3.5 Latvia Organic Cosmetics Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Organic Cosmetics Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Organic Cosmetics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the benefits of organic cosmetics |
4.2.2 Growing demand for eco-friendly and sustainable products |
4.2.3 Rise in disposable income leading to higher spending on premium beauty products |
4.3 Market Restraints |
4.3.1 Higher production costs associated with organic cosmetics |
4.3.2 Limited availability of raw materials for organic product formulations |
4.3.3 Competition from conventional beauty brands offering similar natural product lines |
5 Latvia Organic Cosmetics Market Trends |
6 Latvia Organic Cosmetics Market, By Types |
6.1 Latvia Organic Cosmetics Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Organic Cosmetics Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Organic Cosmetics Market Revenues & Volume, By Skin Care, 2021- 2031F |
6.1.4 Latvia Organic Cosmetics Market Revenues & Volume, By Hair Care, 2021- 2031F |
6.1.5 Latvia Organic Cosmetics Market Revenues & Volume, By Make Up, 2021- 2031F |
6.1.6 Latvia Organic Cosmetics Market Revenues & Volume, By Fragrances, 2021- 2031F |
6.1.7 Latvia Organic Cosmetics Market Revenues & Volume, By Toiletries, 2021- 2031F |
6.1.8 Latvia Organic Cosmetics Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Organic Cosmetics Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Organic Cosmetics Market Revenues & Volume, By Departmental Stores, 2021- 2031F |
6.2.3 Latvia Organic Cosmetics Market Revenues & Volume, By Franchise Outlet, 2021- 2031F |
6.2.4 Latvia Organic Cosmetics Market Revenues & Volume, By Beauty Specialist Salon, 2021- 2031F |
6.2.5 Latvia Organic Cosmetics Market Revenues & Volume, By Direct Sales, 2021- 2031F |
6.2.6 Latvia Organic Cosmetics Market Revenues & Volume, By Chemist/Pharmacies, 2021- 2031F |
6.2.7 Latvia Organic Cosmetics Market Revenues & Volume, By Internet, 2021- 2031F |
7 Latvia Organic Cosmetics Market Import-Export Trade Statistics |
7.1 Latvia Organic Cosmetics Market Export to Major Countries |
7.2 Latvia Organic Cosmetics Market Imports from Major Countries |
8 Latvia Organic Cosmetics Market Key Performance Indicators |
8.1 Percentage of consumers opting for organic cosmetics over conventional products |
8.2 Growth in the number of organic cosmetics brands entering the Latvian market |
8.3 Increase in the number of retail outlets stocking organic cosmetics in Latvia |
9 Latvia Organic Cosmetics Market - Opportunity Assessment |
9.1 Latvia Organic Cosmetics Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Organic Cosmetics Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Organic Cosmetics Market - Competitive Landscape |
10.1 Latvia Organic Cosmetics Market Revenue Share, By Companies, 2024 |
10.2 Latvia Organic 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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