| Product Code: ETC7924452 | 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 |
The Latvia water-based pigments import market experienced a significant shift in concentration levels from moderate to low in 2024. Top exporting countries such as Finland, Germany, and Italy continue to play key roles in supplying these pigments to Latvia. Despite a slight decline in the compound annual growth rate from 2020 to 2024, the market saw a notable growth rate of 15.03% in 2024. This indicates a potential resurgence in demand for water-based pigments in Latvia and underscores the importance of strategic partnerships with key exporting nations to meet this growing demand.

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 Water Based Pigments Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Water Based Pigments Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Water Based Pigments Market - Industry Life Cycle |
3.4 Latvia Water Based Pigments Market - Porter's Five Forces |
3.5 Latvia Water Based Pigments Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Water Based Pigments Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Water Based Pigments Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable products |
4.2.2 Growing awareness about the harmful effects of traditional pigments on health and environment |
4.2.3 Government regulations promoting the use of water-based pigments in various industries |
4.3 Market Restraints |
4.3.1 High initial investment required for transitioning to water-based pigments |
4.3.2 Limited color options and performance compared to solvent-based pigments |
4.3.3 Resistance from traditional industries accustomed to using solvent-based pigments |
5 Latvia Water Based Pigments Market Trends |
6 Latvia Water Based Pigments Market, By Types |
6.1 Latvia Water Based Pigments Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Water Based Pigments Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Water Based Pigments Market Revenues & Volume, By Organic Water Based Pigments, 2021- 2031F |
6.1.4 Latvia Water Based Pigments Market Revenues & Volume, By Inorganic Water Based Pigments, 2021- 2031F |
6.2 Latvia Water Based Pigments Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Water Based Pigments Market Revenues & Volume, By Paints and Coatings, 2021- 2031F |
6.2.3 Latvia Water Based Pigments Market Revenues & Volume, By Printing Inks, 2021- 2031F |
6.2.4 Latvia Water Based Pigments Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Water Based Pigments Market Import-Export Trade Statistics |
7.1 Latvia Water Based Pigments Market Export to Major Countries |
7.2 Latvia Water Based Pigments Market Imports from Major Countries |
8 Latvia Water Based Pigments Market Key Performance Indicators |
8.1 Adoption rate of water-based pigments by key industries |
8.2 Research and development investments in improving the performance of water-based pigments |
8.3 Environmental impact assessments of water-based pigment production and usage |
8.4 Innovation rate in developing new applications for water-based pigments |
8.5 Customer satisfaction and feedback on the quality and performance of water-based pigments |
9 Latvia Water Based Pigments Market - Opportunity Assessment |
9.1 Latvia Water Based Pigments Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Water Based Pigments Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Water Based Pigments Market - Competitive Landscape |
10.1 Latvia Water Based Pigments Market Revenue Share, By Companies, 2024 |
10.2 Latvia Water Based Pigments 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.
To discover high-growth global markets and optimize your business strategy:
Click Here