Latvia Duty Free Liquor Market (2025-2031) | Analysis, Forecast, Consumer Insights, Companies, Drivers, Revenue, Supply, Growth, Demand, Segments, Size, Investment Trends, Strategy, Opportunities, Trends, Share, Competition, Restraints, Segmentation, Pricing Analysis, Competitive, Industry, Challenges, Outlook, Value, Strategic Insights
Market Forecast By Product Type (Whiskey, Vodka, Rum, Wine), By Sales Channel (Airport Duty-Free Stores, Seaport Duty-Free Stores, Border Shops, Downtown Duty-Free Stores), By End User (Tourists, Frequent Travelers, Business Travelers, Luxury Consumers) And Competitive Landscape
| Product Code: ETC12025141 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Latvia Duty Free Liquor Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Latvia saw a steady flow of duty-free liquor imports, primarily sourced from neighboring countries like Lithuania and Estonia, as well as from further afield such as Belgium, Mexico, and Germany. Despite moderate concentration levels measured by the Herfindahl-Hirschman Index (HHI), the industry maintained a healthy Compound Annual Growth Rate (CAGR) of 7.85% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -10.7%, indicating a potential shift in market dynamics that stakeholders should monitor closely.
Key Highlights of the Report:
- Latvia Duty Free Liquor Market Outlook
- Market Size of Latvia Duty Free Liquor Market,2024
- Forecast of Latvia Duty Free Liquor Market, 2031
- Historical Data and Forecast of Latvia Duty Free Liquor Revenues & Volume for the Period 2021-2031
- Latvia Duty Free Liquor Market Trend Evolution
- Latvia Duty Free Liquor Market Drivers and Challenges
- Latvia Duty Free Liquor Price Trends
- Latvia Duty Free Liquor Porter's Five Forces
- Latvia Duty Free Liquor Industry Life Cycle
- Historical Data and Forecast of Latvia Duty Free Liquor Market Revenues & Volume By Product Type for the Period 2021-2031
- Historical Data and Forecast of Latvia Duty Free Liquor Market Revenues & Volume By Whiskey for the Period 2021-2031
- Historical Data and Forecast of Latvia Duty Free Liquor Market Revenues & Volume By Vodka for the Period 2021-2031
- Historical Data and Forecast of Latvia Duty Free Liquor Market Revenues & Volume By Rum for the Period 2021-2031
- Historical Data and Forecast of Latvia Duty Free Liquor Market Revenues & Volume By Wine for the Period 2021-2031
- Historical Data and Forecast of Latvia Duty Free Liquor Market Revenues & Volume By Sales Channel for the Period 2021-2031
- Historical Data and Forecast of Latvia Duty Free Liquor Market Revenues & Volume By Airport Duty-Free Stores for the Period 2021-2031
- Historical Data and Forecast of Latvia Duty Free Liquor Market Revenues & Volume By Seaport Duty-Free Stores for the Period 2021-2031
- Historical Data and Forecast of Latvia Duty Free Liquor Market Revenues & Volume By Border Shops for the Period 2021-2031
- Historical Data and Forecast of Latvia Duty Free Liquor Market Revenues & Volume By Downtown Duty-Free Stores for the Period 2021-2031
- Historical Data and Forecast of Latvia Duty Free Liquor Market Revenues & Volume By End User for the Period 2021-2031
- Historical Data and Forecast of Latvia Duty Free Liquor Market Revenues & Volume By Tourists for the Period 2021-2031
- Historical Data and Forecast of Latvia Duty Free Liquor Market Revenues & Volume By Frequent Travelers for the Period 2021-2031
- Historical Data and Forecast of Latvia Duty Free Liquor Market Revenues & Volume By Business Travelers for the Period 2021-2031
- Historical Data and Forecast of Latvia Duty Free Liquor Market Revenues & Volume By Luxury Consumers for the Period 2021-2031
- Latvia Duty Free Liquor Import Export Trade Statistics
- Market Opportunity Assessment By Product Type
- Market Opportunity Assessment By Sales Channel
- Market Opportunity Assessment By End User
- Latvia Duty Free Liquor Top Companies Market Share
- Latvia Duty Free Liquor Competitive Benchmarking By Technical and Operational Parameters
- Latvia Duty Free Liquor Company Profiles
- Latvia Duty Free Liquor Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Duty Free Liquor Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Duty Free Liquor Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Duty Free Liquor Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Duty Free Liquor Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Duty Free Liquor Market - Industry Life Cycle |
3.4 Latvia Duty Free Liquor Market - Porter's Five Forces |
3.5 Latvia Duty Free Liquor Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Duty Free Liquor Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.7 Latvia Duty Free Liquor Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Duty Free Liquor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Duty Free Liquor Market Trends |
6 Latvia Duty Free Liquor Market, By Types |
6.1 Latvia Duty Free Liquor Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Duty Free Liquor Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Latvia Duty Free Liquor Market Revenues & Volume, By Whiskey, 2021 - 2031F |
6.1.4 Latvia Duty Free Liquor Market Revenues & Volume, By Vodka, 2021 - 2031F |
6.1.5 Latvia Duty Free Liquor Market Revenues & Volume, By Rum, 2021 - 2031F |
6.1.6 Latvia Duty Free Liquor Market Revenues & Volume, By Wine, 2021 - 2031F |
6.2 Latvia Duty Free Liquor Market, By Sales Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Duty Free Liquor Market Revenues & Volume, By Airport Duty-Free Stores, 2021 - 2031F |
6.2.3 Latvia Duty Free Liquor Market Revenues & Volume, By Seaport Duty-Free Stores, 2021 - 2031F |
6.2.4 Latvia Duty Free Liquor Market Revenues & Volume, By Border Shops, 2021 - 2031F |
6.2.5 Latvia Duty Free Liquor Market Revenues & Volume, By Downtown Duty-Free Stores, 2021 - 2031F |
6.3 Latvia Duty Free Liquor Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Duty Free Liquor Market Revenues & Volume, By Tourists, 2021 - 2031F |
6.3.3 Latvia Duty Free Liquor Market Revenues & Volume, By Frequent Travelers, 2021 - 2031F |
6.3.4 Latvia Duty Free Liquor Market Revenues & Volume, By Business Travelers, 2021 - 2031F |
6.3.5 Latvia Duty Free Liquor Market Revenues & Volume, By Luxury Consumers, 2021 - 2031F |
7 Latvia Duty Free Liquor Market Import-Export Trade Statistics |
7.1 Latvia Duty Free Liquor Market Export to Major Countries |
7.2 Latvia Duty Free Liquor Market Imports from Major Countries |
8 Latvia Duty Free Liquor Market Key Performance Indicators |
9 Latvia Duty Free Liquor Market - Opportunity Assessment |
9.1 Latvia Duty Free Liquor Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Duty Free Liquor Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.3 Latvia Duty Free Liquor Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Duty Free Liquor Market - Competitive Landscape |
10.1 Latvia Duty Free Liquor Market Revenue Share, By Companies, 2024 |
10.2 Latvia Duty Free Liquor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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