| Product Code: ETC7909232 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continued to see a high concentration of deodorant imports from top exporters Poland, Lithuania, Germany, Belarus, and Estonia. The Herfindahl-Hirschman Index (HHI) remained at a very high level, indicating a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 9.23%, demonstrating a steady increase in import demand. Additionally, the growth rate from 2023 to 2024 was 8.88%, signaling continued positive momentum in the Latvian deodorant import market.

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 Deodorants Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Deodorants Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Deodorants Market - Industry Life Cycle |
3.4 Latvia Deodorants Market - Porter's Five Forces |
3.5 Latvia Deodorants Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Deodorants Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Deodorants Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about personal hygiene and grooming practices. |
4.2.2 Growing disposable income levels in Latvia. |
4.2.3 Rising urbanization and changing lifestyle trends favoring the use of deodorants. |
4.3 Market Restraints |
4.3.1 Seasonality in demand due to climate variations. |
4.3.2 Competition from other personal care products like perfumes and body sprays. |
4.3.3 Potential health concerns related to the ingredients used in deodorants. |
5 Latvia Deodorants Market Trends |
6 Latvia Deodorants Market, By Types |
6.1 Latvia Deodorants Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Deodorants Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Deodorants Market Revenues & Volume, By Sprays, 2021- 2031F |
6.1.4 Latvia Deodorants Market Revenues & Volume, By Roll-On, 2021- 2031F |
6.1.5 Latvia Deodorants Market Revenues & Volume, By Sticks, 2021- 2031F |
6.1.6 Latvia Deodorants Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Deodorants Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Deodorants Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021- 2031F |
6.2.3 Latvia Deodorants Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.2.4 Latvia Deodorants Market Revenues & Volume, By Pharmacies/Drugstore, 2021- 2031F |
6.2.5 Latvia Deodorants Market Revenues & Volume, By Online Stores, 2021- 2031F |
6.2.6 Latvia Deodorants Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Deodorants Market Import-Export Trade Statistics |
7.1 Latvia Deodorants Market Export to Major Countries |
7.2 Latvia Deodorants Market Imports from Major Countries |
8 Latvia Deodorants Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms for deodorant brands. |
8.2 Number of new product launches in the deodorants market. |
8.3 Growth in online sales of deodorant products. |
8.4 Percentage of repeat purchases among consumers. |
8.5 Customer satisfaction levels and feedback on deodorant products. |
9 Latvia Deodorants Market - Opportunity Assessment |
9.1 Latvia Deodorants Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Deodorants Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Deodorants Market - Competitive Landscape |
10.1 Latvia Deodorants Market Revenue Share, By Companies, 2024 |
10.2 Latvia Deodorants 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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