| Product Code: ETC5259406 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia saw a significant increase in color cosmetics import shipments, with top exporting countries being Germany, Poland, China, Lithuania, and Belgium. The market continues to show moderate concentration, as indicated by the Herfindahl-Hirschman Index (HHI). With a notable compound annual growth rate (CAGR) of 18.23% from 2020 to 2024 and a remarkable growth rate of 24.92% from 2023 to 2024, the color cosmetics industry in Latvia is demonstrating robust expansion and attracting diverse sources of supply.

The Color Cosmetics market in Latvia is projected to grow at a stable growth rate of 2.56% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Color Cosmetics Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Color Cosmetics Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Color Cosmetics Market - Industry Life Cycle |
3.4 Latvia Color Cosmetics Market - Porter's Five Forces |
3.5 Latvia Color Cosmetics Market Revenues & Volume Share, By Target Market, 2021 & 2031F |
3.6 Latvia Color Cosmetics Market Revenues & Volume Share, By Distribution, 2021 & 2031F |
3.7 Latvia Color Cosmetics Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Color Cosmetics 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 beauty and makeup influencers on social media |
4.2.3 Rising awareness about beauty and personal grooming among consumers in Latvia |
4.3 Market Restraints |
4.3.1 Economic uncertainty and fluctuations in the Latvian market |
4.3.2 Competition from international beauty brands entering the Latvian market |
4.3.3 Changing consumer preferences and trends impacting color cosmetics sales |
5 Latvia Color Cosmetics Market Trends |
6 Latvia Color Cosmetics Market Segmentations |
6.1 Latvia Color Cosmetics Market, By Target Market |
6.1.1 Overview and Analysis |
6.1.2 Latvia Color Cosmetics Market Revenues & Volume, By Prestige Products, 2021-2031F |
6.1.3 Latvia Color Cosmetics Market Revenues & Volume, By Mass Products, 2021-2031F |
6.2 Latvia Color Cosmetics Market, By Distribution |
6.2.1 Overview and Analysis |
6.2.2 Latvia Color Cosmetics Market Revenues & Volume, By Offline, 2021-2031F |
6.2.3 Latvia Color Cosmetics Market Revenues & Volume, By Online, 2021-2031F |
6.3 Latvia Color Cosmetics Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Color Cosmetics Market Revenues & Volume, By Nail Products, 2021-2031F |
6.3.3 Latvia Color Cosmetics Market Revenues & Volume, By Hair Products, 2021-2031F |
6.3.4 Latvia Color Cosmetics Market Revenues & Volume, By Lip Products, 2021-2031F |
6.3.5 Latvia Color Cosmetics Market Revenues & Volume, By Face Products, 2021-2031F |
6.3.6 Latvia Color Cosmetics Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Color Cosmetics Market Import-Export Trade Statistics |
7.1 Latvia Color Cosmetics Market Export to Major Countries |
7.2 Latvia Color Cosmetics Market Imports from Major Countries |
8 Latvia Color Cosmetics Market Key Performance Indicators |
8.1 Social media engagement and reach of color cosmetics brands in Latvia |
8.2 Consumer sentiment and satisfaction surveys regarding color cosmetics products |
8.3 Number of new product launches and innovations in the Latvian color cosmetics market |
9 Latvia Color Cosmetics Market - Opportunity Assessment |
9.1 Latvia Color Cosmetics Market Opportunity Assessment, By Target Market, 2021 & 2031F |
9.2 Latvia Color Cosmetics Market Opportunity Assessment, By Distribution, 2021 & 2031F |
9.3 Latvia Color Cosmetics Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Color Cosmetics Market - Competitive Landscape |
10.1 Latvia Color Cosmetics Market Revenue Share, By Companies, 2024 |
10.2 Latvia Color Cosmetics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |