| Product Code: ETC4718096 | 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 |
In 2024, Latvia saw a notable increase in import shipments of curling irons, with top exporters being Lithuania, Germany, Estonia, Poland, and Hungary. The market experienced a shift from low to high concentration, indicating a more competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was a solid 8.8%, while the growth rate from 2023 to 2024 reached 6.67%. This suggests a growing demand for curling irons in Latvia and highlights the importance of understanding market dynamics for businesses operating in this sector.

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 Curling Irons Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Curling Irons Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Curling Irons Market - Industry Life Cycle |
3.4 Latvia Curling Irons Market - Porter's Five Forces |
3.5 Latvia Curling Irons Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Curling Irons Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.7 Latvia Curling Irons Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Curling Irons Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on personal grooming and styling among consumers in Latvia |
4.2.2 Growing popularity of hairstyling trends and fashion influences |
4.2.3 Rise in disposable income leading to higher spending on beauty products |
4.3 Market Restraints |
4.3.1 Competition from other styling tools such as straighteners and hot brushes |
4.3.2 Economic uncertainties affecting consumer purchasing power |
5 Latvia Curling Irons Market Trends |
6 Latvia Curling Irons Market Segmentations |
6.1 Latvia Curling Irons Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Curling Irons Market Revenues & Volume, By Curling Tongs, 2021-2031F |
6.1.3 Latvia Curling Irons Market Revenues & Volume, By Curling Wands, 2021-2031F |
6.1.4 Latvia Curling Irons Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Curling Irons Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Latvia Curling Irons Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Latvia Curling Irons Market Revenues & Volume, By Commercial, 2021-2031F |
6.3 Latvia Curling Irons Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Curling Irons Market Revenues & Volume, By Hypermarket/Supermarket, 2021-2031F |
6.3.3 Latvia Curling Irons Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.3.4 Latvia Curling Irons Market Revenues & Volume, By Online, 2021-2031F |
7 Latvia Curling Irons Market Import-Export Trade Statistics |
7.1 Latvia Curling Irons Market Export to Major Countries |
7.2 Latvia Curling Irons Market Imports from Major Countries |
8 Latvia Curling Irons Market Key Performance Indicators |
8.1 Social media engagement and influence on styling trends |
8.2 Number of beauty salons and hair styling professionals in Latvia |
8.3 Consumer sentiment and perception towards curling irons in the market |
9 Latvia Curling Irons Market - Opportunity Assessment |
9.1 Latvia Curling Irons Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Curling Irons Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.3 Latvia Curling Irons Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Curling Irons Market - Competitive Landscape |
10.1 Latvia Curling Irons Market Revenue Share, By Companies, 2024 |
10.2 Latvia Curling Irons 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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