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

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

Market Forecast By Product (Layer Drug-In-Adhesive, Reservoir, Matrix), By Species (Cannabis Indica, Sativa, Hybrid), By Packaging (Two to Five Patches, Single Patch, More Than Five Patches), By Dosage (Below 30mg, 30-40 mg, 40-50mg, Above 50 mg), By Derivatives (Cannabidiol (CBD), Tetrahydrocannabinol (THC), Others), By Application (Chronic Pain, Anxiety, Arthritis, Elevate Mood, Neurological Pain, Others), By Source Type (Natural, Synthetic), By End User (Homecare Setting, Research and Development Centres, Hospital, Clinics, Rehab Centres, Others) And Competitive Landscape

Product Code: ETC7906644	Publication Date: Sep 2024	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Summon Dutta	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

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

In 2024, Latvia continued to see a steady flow of CBD patch import shipments, with top exporting countries being Estonia, China, Sweden, Germany, and the Netherlands. Despite a slight decrease in growth rate from 2023 to 2024, the market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained high. With a modest compound annual growth rate (CAGR) of 1.62% from 2020 to 2024, the Latvian market for CBD patches demonstrates a stable yet competitive environment for importers and manufacturers alike.

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

Key Highlights of the Report:

Latvia CBD Patch Market Outlook
Market Size of Latvia CBD Patch Market, 2024
Forecast of Latvia CBD Patch Market, 2031
Historical Data and Forecast of Latvia CBD Patch Revenues & Volume for the Period 2021- 2031
Latvia CBD Patch Market Trend Evolution
Latvia CBD Patch Market Drivers and Challenges
Latvia CBD Patch Price Trends
Latvia CBD Patch Porter's Five Forces
Latvia CBD Patch Industry Life Cycle
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Product for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Layer Drug-In-Adhesive for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Reservoir for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Matrix for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Species for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Cannabis Indica for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Sativa for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Hybrid for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Packaging for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Two to Five Patches for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Single Patch for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By More Than Five Patches for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Dosage for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Below 30mg for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By 30-40 mg for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By 40-50mg for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Above 50 mg for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Derivatives for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Cannabidiol (CBD) for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Tetrahydrocannabinol (THC) for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Others for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Application for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Chronic Pain for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Anxiety for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Arthritis for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Elevate Mood for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Neurological Pain for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Others for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Source Type for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Natural for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Synthetic for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By End User for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Homecare Setting for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Research and Development Centres for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Hospital for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Clinics for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Rehab Centres for the Period 2021- 2031
Historical Data and Forecast of Latvia CBD Patch Market Revenues & Volume By Others for the Period 2021- 2031
Latvia CBD Patch Import Export Trade Statistics
Market Opportunity Assessment By Product
Market Opportunity Assessment By Species
Market Opportunity Assessment By Packaging
Market Opportunity Assessment By Dosage
Market Opportunity Assessment By Derivatives
Market Opportunity Assessment By Application
Market Opportunity Assessment By Source Type
Market Opportunity Assessment By End User
Latvia CBD Patch Top Companies Market Share
Latvia CBD Patch Competitive Benchmarking By Technical and Operational Parameters
Latvia CBD Patch Company Profiles
Latvia CBD Patch Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 CBD Patch Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia CBD Patch Market Revenues & Volume, 2021 & 2031F

3.3 Latvia CBD Patch Market - Industry Life Cycle

3.4 Latvia CBD Patch Market - Porter's Five Forces

3.5 Latvia CBD Patch Market Revenues & Volume Share, By Product, 2021 & 2031F

3.6 Latvia CBD Patch Market Revenues & Volume Share, By Species, 2021 & 2031F

3.7 Latvia CBD Patch Market Revenues & Volume Share, By Packaging, 2021 & 2031F

3.8 Latvia CBD Patch Market Revenues & Volume Share, By Dosage, 2021 & 2031F

3.9 Latvia CBD Patch Market Revenues & Volume Share, By Derivatives, 2021 & 2031F

3.10 Latvia CBD Patch Market Revenues & Volume Share, By Application, 2021 & 2031F

3.11 Latvia CBD Patch Market Revenues & Volume Share, By Source Type, 2021 & 2031F

4 Latvia CBD Patch Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing awareness and acceptance of CBD products in Latvia

4.2.2 Growing demand for alternative and natural health solutions

4.2.3 Favorable regulatory environment for CBD products in Latvia

4.3 Market Restraints

4.3.1 Limited availability of high-quality CBD patches in the Latvian market

4.3.2 Lack of standardized regulations for CBD patch products

4.3.3 Potential concerns over the efficacy and safety of CBD patches among consumers

5 Latvia CBD Patch Market Trends

6 Latvia CBD Patch Market, By Types

6.1 Latvia CBD Patch Market, By Product

6.1.1 Overview and Analysis

6.1.2 Latvia CBD Patch Market Revenues & Volume, By Product, 2021- 2031F

6.1.3 Latvia CBD Patch Market Revenues & Volume, By Layer Drug-In-Adhesive, 2021- 2031F

6.1.4 Latvia CBD Patch Market Revenues & Volume, By Reservoir, 2021- 2031F

6.1.5 Latvia CBD Patch Market Revenues & Volume, By Matrix, 2021- 2031F

6.2 Latvia CBD Patch Market, By Species

6.2.1 Overview and Analysis

6.2.2 Latvia CBD Patch Market Revenues & Volume, By Cannabis Indica, 2021- 2031F

6.2.3 Latvia CBD Patch Market Revenues & Volume, By Sativa, 2021- 2031F

6.2.4 Latvia CBD Patch Market Revenues & Volume, By Hybrid, 2021- 2031F

6.3 Latvia CBD Patch Market, By Packaging

6.3.1 Overview and Analysis

6.3.2 Latvia CBD Patch Market Revenues & Volume, By Two to Five Patches, 2021- 2031F

6.3.3 Latvia CBD Patch Market Revenues & Volume, By Single Patch, 2021- 2031F

6.3.4 Latvia CBD Patch Market Revenues & Volume, By More Than Five Patches, 2021- 2031F

6.4 Latvia CBD Patch Market, By Dosage

6.4.1 Overview and Analysis

6.4.2 Latvia CBD Patch Market Revenues & Volume, By Below 30mg, 2021- 2031F

6.4.3 Latvia CBD Patch Market Revenues & Volume, By 30-40 mg, 2021- 2031F

6.4.4 Latvia CBD Patch Market Revenues & Volume, By 40-50mg, 2021- 2031F

6.4.5 Latvia CBD Patch Market Revenues & Volume, By Above 50 mg, 2021- 2031F

6.5 Latvia CBD Patch Market, By Derivatives

6.5.1 Overview and Analysis

6.5.2 Latvia CBD Patch Market Revenues & Volume, By Cannabidiol (CBD), 2021- 2031F

6.5.3 Latvia CBD Patch Market Revenues & Volume, By Tetrahydrocannabinol (THC), 2021- 2031F

6.5.4 Latvia CBD Patch Market Revenues & Volume, By Others, 2021- 2031F

6.6 Latvia CBD Patch Market, By Application

6.6.1 Overview and Analysis

6.6.2 Latvia CBD Patch Market Revenues & Volume, By Chronic Pain, 2021- 2031F

6.6.3 Latvia CBD Patch Market Revenues & Volume, By Anxiety, 2021- 2031F

6.6.4 Latvia CBD Patch Market Revenues & Volume, By Arthritis, 2021- 2031F

6.6.5 Latvia CBD Patch Market Revenues & Volume, By Elevate Mood, 2021- 2031F

6.6.6 Latvia CBD Patch Market Revenues & Volume, By Neurological Pain, 2021- 2031F

6.6.7 Latvia CBD Patch Market Revenues & Volume, By Others, 2021- 2031F

6.7 Latvia CBD Patch Market, By Source Type

6.7.1 Overview and Analysis

6.7.2 Latvia CBD Patch Market Revenues & Volume, By Natural, 2021- 2031F

6.7.3 Latvia CBD Patch Market Revenues & Volume, By Synthetic, 2021- 2031F

6.8 Latvia CBD Patch Market, By End User

6.8.1 Overview and Analysis

6.8.2 Latvia CBD Patch Market Revenues & Volume, By Homecare Setting, 2021- 2031F

6.8.3 Latvia CBD Patch Market Revenues & Volume, By Research and Development Centres, 2021- 2031F

6.8.4 Latvia CBD Patch Market Revenues & Volume, By Clinics, 2021- 2031F

6.8.5 Latvia CBD Patch Market Revenues & Volume, By Clinics, 2021- 2031F

6.8.6 Latvia CBD Patch Market Revenues & Volume, By Rehab Centres, 2021- 2031F

6.8.7 Latvia CBD Patch Market Revenues & Volume, By Others, 2021- 2031F

7 Latvia CBD Patch Market Import-Export Trade Statistics

7.1 Latvia CBD Patch Market Export to Major Countries

7.2 Latvia CBD Patch Market Imports from Major Countries

8 Latvia CBD Patch Market Key Performance Indicators

8.1 Number of clinical studies supporting the effectiveness of CBD patches

8.2 Percentage of pharmacies and wellness stores stocking CBD patches

8.3 Average monthly searches for CBD patch-related keywords on search engines

9 Latvia CBD Patch Market - Opportunity Assessment

9.1 Latvia CBD Patch Market Opportunity Assessment, By Product, 2021 & 2031F

9.2 Latvia CBD Patch Market Opportunity Assessment, By Species, 2021 & 2031F

9.3 Latvia CBD Patch Market Opportunity Assessment, By Packaging, 2021 & 2031F

9.4 Latvia CBD Patch Market Opportunity Assessment, By Dosage, 2021 & 2031F

9.5 Latvia CBD Patch Market Opportunity Assessment, By Derivatives, 2021 & 2031F

9.6 Latvia CBD Patch Market Opportunity Assessment, By Application, 2021 & 2031F

9.7 Latvia CBD Patch Market Opportunity Assessment, By Source Type, 2021 & 2031F

9.7 Latvia CBD Patch Market Opportunity Assessment, By End User, 2021 & 2031F

10 Latvia CBD Patch Market - Competitive Landscape

10.1 Latvia CBD Patch Market Revenue Share, By Companies, 2024

10.2 Latvia CBD Patch 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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