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

Market Forecast By Product (Hot/Cold Products, Disposable, Non-Disposable, Kinesiology Tape, Heating Pads, TENS Devices, Red Light Therapy/ Infrared Therapy), By Distribution Channel (Retail/Brick & Mortar, E-Commerce, Others) And Competitive Landscape
Product Code: ETC7910687 Publication Date: Sep 2024 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Bhawna Singh No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Latvia External Analgesics Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Latvia`s external analgesics import market continues to show steady growth, with Lithuania, Netherlands, Switzerland, Poland, and Germany emerging as the top exporting countries. The market remains competitive with low concentration levels, indicating a diverse range of suppliers. The compound annual growth rate (CAGR) from 2020 to 2024 stands at a healthy 8.55%, reflecting sustained demand for external analgesics in Latvia. Moreover, the growth rate from 2023 to 2024 is a notable 6.92%, underscoring the increasing popularity of these products in the Latvian market.

Latvia External Analgesics Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Latvia External Analgesics Market Outlook
  • Market Size of Latvia External Analgesics Market, 2024
  • Forecast of Latvia External Analgesics Market, 2031
  • Historical Data and Forecast of Latvia External Analgesics Revenues & Volume for the Period 2021- 2031
  • Latvia External Analgesics Market Trend Evolution
  • Latvia External Analgesics Market Drivers and Challenges
  • Latvia External Analgesics Price Trends
  • Latvia External Analgesics Porter's Five Forces
  • Latvia External Analgesics Industry Life Cycle
  • Historical Data and Forecast of Latvia External Analgesics Market Revenues & Volume By Product for the Period 2021- 2031
  • Historical Data and Forecast of Latvia External Analgesics Market Revenues & Volume By Hot/Cold Products for the Period 2021- 2031
  • Historical Data and Forecast of Latvia External Analgesics Market Revenues & Volume By Disposable for the Period 2021- 2031
  • Historical Data and Forecast of Latvia External Analgesics Market Revenues & Volume By Non-Disposable for the Period 2021- 2031
  • Historical Data and Forecast of Latvia External Analgesics Market Revenues & Volume By Kinesiology Tape for the Period 2021- 2031
  • Historical Data and Forecast of Latvia External Analgesics Market Revenues & Volume By Heating Pads for the Period 2021- 2031
  • Historical Data and Forecast of Latvia External Analgesics Market Revenues & Volume By TENS Devices for the Period 2021- 2031
  • Historical Data and Forecast of Latvia External Analgesics Market Revenues & Volume By Red Light Therapy/ Infrared Therapy for the Period 2021- 2031
  • Historical Data and Forecast of Latvia External Analgesics Market Revenues & Volume By Distribution Channel for the Period 2021- 2031
  • Historical Data and Forecast of Latvia External Analgesics Market Revenues & Volume By Retail/Brick & Mortar for the Period 2021- 2031
  • Historical Data and Forecast of Latvia External Analgesics Market Revenues & Volume By E-Commerce for the Period 2021- 2031
  • Historical Data and Forecast of Latvia External Analgesics Market Revenues & Volume By Others for the Period 2021- 2031
  • Latvia External Analgesics Import Export Trade Statistics
  • Market Opportunity Assessment By Product
  • Market Opportunity Assessment By Distribution Channel
  • Latvia External Analgesics Top Companies Market Share
  • Latvia External Analgesics Competitive Benchmarking By Technical and Operational Parameters
  • Latvia External Analgesics Company Profiles
  • Latvia External Analgesics Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia External Analgesics 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 External Analgesics Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 External Analgesics Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia External Analgesics Market Revenues & Volume, 2021 & 2031F

3.3 Latvia External Analgesics Market - Industry Life Cycle

3.4 Latvia External Analgesics Market - Porter's Five Forces

3.5 Latvia External Analgesics Market Revenues & Volume Share, By Product, 2021 & 2031F

3.6 Latvia External Analgesics Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F

4 Latvia External Analgesics Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing prevalence of musculoskeletal disorders and sports injuries leading to higher demand for external analgesics

4.2.2 Growing awareness about self-medication and over-the-counter products

4.2.3 Rising geriatric population in Latvia driving the need for pain relief solutions

4.3 Market Restraints

4.3.1 Stringent regulations and restrictions on certain active ingredients in external analgesics

4.3.2 Competition from alternative pain relief methods such as natural remedies and physical therapy

5 Latvia External Analgesics Market Trends

6 Latvia External Analgesics Market, By Types

6.1 Latvia External Analgesics Market, By Product

6.1.1 Overview and Analysis

6.1.2 Latvia External Analgesics Market Revenues & Volume, By Product, 2021- 2031F

6.1.3 Latvia External Analgesics Market Revenues & Volume, By Hot/Cold Products, 2021- 2031F

6.1.4 Latvia External Analgesics Market Revenues & Volume, By Disposable, 2021- 2031F

6.1.5 Latvia External Analgesics Market Revenues & Volume, By Non-Disposable, 2021- 2031F

6.1.6 Latvia External Analgesics Market Revenues & Volume, By Kinesiology Tape, 2021- 2031F

6.1.7 Latvia External Analgesics Market Revenues & Volume, By Heating Pads, 2021- 2031F

6.1.8 Latvia External Analgesics Market Revenues & Volume, By TENS Devices, 2021- 2031F

6.2 Latvia External Analgesics Market, By Distribution Channel

6.2.1 Overview and Analysis

6.2.2 Latvia External Analgesics Market Revenues & Volume, By Retail/Brick & Mortar, 2021- 2031F

6.2.3 Latvia External Analgesics Market Revenues & Volume, By E-Commerce, 2021- 2031F

6.2.4 Latvia External Analgesics Market Revenues & Volume, By Others, 2021- 2031F

7 Latvia External Analgesics Market Import-Export Trade Statistics

7.1 Latvia External Analgesics Market Export to Major Countries

7.2 Latvia External Analgesics Market Imports from Major Countries

8 Latvia External Analgesics Market Key Performance Indicators

8.1 Number of pharmacies stocking external analgesics in Latvia

8.2 Frequency of advertisements and promotions for external analgesics

8.3 Average price of external analgesics compared to competitors in the market

9 Latvia External Analgesics Market - Opportunity Assessment

9.1 Latvia External Analgesics Market Opportunity Assessment, By Product, 2021 & 2031F

9.2 Latvia External Analgesics Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F

10 Latvia External Analgesics Market - Competitive Landscape

10.1 Latvia External Analgesics Market Revenue Share, By Companies, 2024

10.2 Latvia External Analgesics Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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