| 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 |
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.

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 |