Latvia Perfume Market (2025-2031) | Analysis, Trends, Companies, Value, Forecast, Outlook, Industry, Growth, Share, Size & Revenue, Competitive Landscape, Segmentation

Name: Latvia Perfume Market (2025-2031) | Trends & Outlook
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Perfume Market, Latvia Perfume Market, Latvia Perfume Market Revenues, Latvia Perfume Market Share, Latvia Perfume Market Size, Latvia Perfume Market Outlook, Latvia Perfume Market Report, Latvia Perfume Market Competition, Latvia Perfume Market Overview, Latvia Perfume Market Trends, Latvia Perfume Market Forecast

Market Forecast By Perfume Type (Premium Perfume Products, Mass Perfume Products), By Category (Female Fragrances, Male Fragrances, Unisex Fragrances) And Competitive Landscape

Product Code: ETC7918286	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 Perfume Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Latvia`s perfume import market saw significant growth in 2024, with top exporters like Germany, Lithuania, and France leading the way. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained moderate, indicating a competitive landscape. The impressive compound annual growth rate (CAGR) of 28.1% from 2020 to 2024 showcases the increasing demand for imported perfumes in Latvia. Moreover, the growth rate of 28.37% from 2023 to 2024 suggests a continued upward trajectory for the perfume import market in the country.

Latvia Perfume Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Latvia Perfume Market Outlook
Market Size of Latvia Perfume Market, 2024
Forecast of Latvia Perfume Market, 2031
Historical Data and Forecast of Latvia Perfume Revenues & Volume for the Period 2021- 2031
Latvia Perfume Market Trend Evolution
Latvia Perfume Market Drivers and Challenges
Latvia Perfume Price Trends
Latvia Perfume Porter's Five Forces
Latvia Perfume Industry Life Cycle
Historical Data and Forecast of Latvia Perfume Market Revenues & Volume By Perfume Type for the Period 2021- 2031
Historical Data and Forecast of Latvia Perfume Market Revenues & Volume By Premium Perfume Products for the Period 2021- 2031
Historical Data and Forecast of Latvia Perfume Market Revenues & Volume By Mass Perfume Products for the Period 2021- 2031
Historical Data and Forecast of Latvia Perfume Market Revenues & Volume By Category for the Period 2021- 2031
Historical Data and Forecast of Latvia Perfume Market Revenues & Volume By Female Fragrances for the Period 2021- 2031
Historical Data and Forecast of Latvia Perfume Market Revenues & Volume By Male Fragrances for the Period 2021- 2031
Historical Data and Forecast of Latvia Perfume Market Revenues & Volume By Unisex Fragrances for the Period 2021- 2031
Latvia Perfume Import Export Trade Statistics
Market Opportunity Assessment By Perfume Type
Market Opportunity Assessment By Category
Latvia Perfume Top Companies Market Share
Latvia Perfume Competitive Benchmarking By Technical and Operational Parameters
Latvia Perfume Company Profiles
Latvia Perfume Key Strategic Recommendations

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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 Perfume Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Perfume Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Perfume Market - Industry Life Cycle

3.4 Latvia Perfume Market - Porter's Five Forces

3.5 Latvia Perfume Market Revenues & Volume Share, By Perfume Type, 2021 & 2031F

3.6 Latvia Perfume Market Revenues & Volume Share, By Category, 2021 & 2031F

4 Latvia Perfume Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing disposable income of consumers in Latvia

4.2.2 Growing trend of personal grooming and self-care

4.2.3 Rising influence of social media and celebrity endorsements in promoting perfumes

4.3 Market Restraints

4.3.1 Economic uncertainty and fluctuations in the Latvian market

4.3.2 Competition from other beauty and personal care products

4.3.3 Regulatory restrictions on certain ingredients used in perfumes

5 Latvia Perfume Market Trends

6 Latvia Perfume Market, By Types

6.1 Latvia Perfume Market, By Perfume Type

6.1.1 Overview and Analysis

6.1.2 Latvia Perfume Market Revenues & Volume, By Perfume Type, 2021- 2031F

6.1.3 Latvia Perfume Market Revenues & Volume, By Premium Perfume Products, 2021- 2031F

6.1.4 Latvia Perfume Market Revenues & Volume, By Mass Perfume Products, 2021- 2031F

6.2 Latvia Perfume Market, By Category

6.2.1 Overview and Analysis

6.2.2 Latvia Perfume Market Revenues & Volume, By Female Fragrances, 2021- 2031F

6.2.3 Latvia Perfume Market Revenues & Volume, By Male Fragrances, 2021- 2031F

6.2.4 Latvia Perfume Market Revenues & Volume, By Unisex Fragrances, 2021- 2031F

7 Latvia Perfume Market Import-Export Trade Statistics

7.1 Latvia Perfume Market Export to Major Countries

7.2 Latvia Perfume Market Imports from Major Countries

8 Latvia Perfume Market Key Performance Indicators

8.1 Number of new product launches in the Latvia perfume market

8.2 Consumer sentiment and perception towards perfumes through social media engagement

8.3 Growth in the number of perfume retailers and distribution channels in Latvia

9 Latvia Perfume Market - Opportunity Assessment

9.1 Latvia Perfume Market Opportunity Assessment, By Perfume Type, 2021 & 2031F

9.2 Latvia Perfume Market Opportunity Assessment, By Category, 2021 & 2031F

10 Latvia Perfume Market - Competitive Landscape

10.1 Latvia Perfume Market Revenue Share, By Companies, 2024

10.2 Latvia Perfume Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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