Latvia Glycolic Acid Market (2025-2031) | Size, Companies, Value, Outlook, Share, Analysis, Segmentation, Trends, Revenue, Growth, Forecast & Industry
Market Forecast By Grade (Cosmetic, Technical), By Application (Personal Care & Dermatology, Industrial, Household) And Competitive Landscape
| Product Code: ETC5668628 | 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 |
Latvia Glycolic Acid Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Latvia continued to witness a significant influx of glycolic acid imports, with top exporting countries being Germany, China, Netherlands, UK, and Spain. Despite a negative compound annual growth rate (CAGR) of -3.58% from 2020 to 2024, the market showed resilience with a notable growth rate of 6.32% from 2023 to 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. This data suggests a dynamic glycolic acid market in Latvia, driven by key players from various regions.
Key Highlights of the Report:
- Latvia Glycolic Acid Market Outlook
- Market Size of Latvia Glycolic Acid Market, 2024
- Forecast of Latvia Glycolic Acid Market, 2031
- Historical Data and Forecast of Latvia Glycolic Acid Revenues & Volume for the Period 2021-2031
- Latvia Glycolic Acid Market Trend Evolution
- Latvia Glycolic Acid Market Drivers and Challenges
- Latvia Glycolic Acid Price Trends
- Latvia Glycolic Acid Porter`s Five Forces
- Latvia Glycolic Acid Industry Life Cycle
- Historical Data and Forecast of Latvia Glycolic Acid Market Revenues & Volume By Grade for the Period 2021-2031
- Historical Data and Forecast of Latvia Glycolic Acid Market Revenues & Volume By Cosmetic for the Period 2021-2031
- Historical Data and Forecast of Latvia Glycolic Acid Market Revenues & Volume By Technical for the Period 2021-2031
- Historical Data and Forecast of Latvia Glycolic Acid Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Latvia Glycolic Acid Market Revenues & Volume By Personal Care & Dermatology for the Period 2021-2031
- Historical Data and Forecast of Latvia Glycolic Acid Market Revenues & Volume By Industrial for the Period 2021-2031
- Historical Data and Forecast of Latvia Glycolic Acid Market Revenues & Volume By Household for the Period 2021-2031
- Latvia Glycolic Acid Import Export Trade Statistics
- Market Opportunity Assessment By Grade
- Market Opportunity Assessment By Application
- Latvia Glycolic Acid Top Companies Market Share
- Latvia Glycolic Acid Competitive Benchmarking By Technical and Operational Parameters
- Latvia Glycolic Acid Company Profiles
- Latvia Glycolic Acid Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Glycolic Acid 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 Glycolic Acid 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 Glycolic Acid Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Glycolic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Glycolic Acid Market - Industry Life Cycle |
3.4 Latvia Glycolic Acid Market - Porter's Five Forces |
3.5 Latvia Glycolic Acid Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Latvia Glycolic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Glycolic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for skincare and cosmetic products in Latvia |
4.2.2 Growing awareness about the benefits of glycolic acid for skin treatment |
4.2.3 Rising disposable income leading to higher consumer spending on personal care products |
4.3 Market Restraints |
4.3.1 Stringent regulations and compliance requirements related to the use of glycolic acid in cosmetic products |
4.3.2 Availability of alternative skincare ingredients impacting the market demand |
5 Latvia Glycolic Acid Market Trends |
6 Latvia Glycolic Acid Market Segmentations |
6.1 Latvia Glycolic Acid Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Latvia Glycolic Acid Market Revenues & Volume, By Cosmetic, 2021-2031F |
6.1.3 Latvia Glycolic Acid Market Revenues & Volume, By Technical, 2021-2031F |
6.2 Latvia Glycolic Acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Glycolic Acid Market Revenues & Volume, By Personal Care & Dermatology, 2021-2031F |
6.2.3 Latvia Glycolic Acid Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 Latvia Glycolic Acid Market Revenues & Volume, By Household, 2021-2031F |
7 Latvia Glycolic Acid Market Import-Export Trade Statistics |
7.1 Latvia Glycolic Acid Market Export to Major Countries |
7.2 Latvia Glycolic Acid Market Imports from Major Countries |
8 Latvia Glycolic Acid Market Key Performance Indicators |
8.1 Number of new skincare products containing glycolic acid launched in the Latvian market |
8.2 Average price of glycolic acid products in Latvia |
8.3 Number of dermatologists recommending glycolic acid-based products to their patients |
9 Latvia Glycolic Acid Market - Opportunity Assessment |
9.1 Latvia Glycolic Acid Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Latvia Glycolic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Glycolic Acid Market - Competitive Landscape |
10.1 Latvia Glycolic Acid Market Revenue Share, By Companies, 2024 |
10.2 Latvia Glycolic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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