| Product Code: ETC7914498 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
In 2024, Latvia continued to receive liquid filled hard capsules imports primarily from the Netherlands, Lithuania, Germany, Poland, and Estonia. The market shows a healthy Compound Annual Growth Rate (CAGR) of 7.19% from 2020 to 2024, indicating sustained demand. Despite a slight decrease in growth rate from 2023 to 2024 (-1.37%), the Herfindahl-Hirschman Index (HHI) remained low, signifying a competitive market environment. This data suggests a stable and diverse supply chain for liquid filled hard capsules in Latvia, with potential for continued growth and innovation in the coming years.
| 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 Liquid Filled Hard Capsules Market Overview | 
| 3.1 Latvia Country Macro Economic Indicators | 
| 3.2 Latvia Liquid Filled Hard Capsules Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Latvia Liquid Filled Hard Capsules Market - Industry Life Cycle | 
| 3.4 Latvia Liquid Filled Hard Capsules Market - Porter's Five Forces | 
| 3.5 Latvia Liquid Filled Hard Capsules Market Revenues & Volume Share, By Size, 2021 & 2031F | 
| 4 Latvia Liquid Filled Hard Capsules Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing demand for nutraceuticals and dietary supplements in Latvia | 
| 4.2.2 Growing awareness about the benefits of liquid-filled hard capsules over traditional dosage forms | 
| 4.2.3 Rise in health-conscious consumers seeking convenient and easy-to-swallow dosage forms | 
| 4.3 Market Restraints | 
| 4.3.1 Stringent regulatory requirements for pharmaceutical products in Latvia | 
| 4.3.2 High manufacturing costs associated with liquid-filled hard capsules | 
| 4.3.3 Limited availability of raw materials and specialized equipment for capsule production in Latvia | 
| 5 Latvia Liquid Filled Hard Capsules Market Trends | 
| 6 Latvia Liquid Filled Hard Capsules Market, By Types | 
| 6.1 Latvia Liquid Filled Hard Capsules Market, By Size | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Latvia Liquid Filled Hard Capsules Market Revenues & Volume, By Size, 2021- 2031F | 
| 6.1.3 Latvia Liquid Filled Hard Capsules Market Revenues & Volume, By Large Capsules, 2021- 2031F | 
| 6.1.4 Latvia Liquid Filled Hard Capsules Market Revenues & Volume, By Medium Capsules, 2021- 2031F | 
| 6.1.5 Latvia Liquid Filled Hard Capsules Market Revenues & Volume, By Small Capsules, 2021- 2031F | 
| 7 Latvia Liquid Filled Hard Capsules Market Import-Export Trade Statistics | 
| 7.1 Latvia Liquid Filled Hard Capsules Market Export to Major Countries | 
| 7.2 Latvia Liquid Filled Hard Capsules Market Imports from Major Countries | 
| 8 Latvia Liquid Filled Hard Capsules Market Key Performance Indicators | 
| 8.1 Number of new product launches in the liquid-filled hard capsules segment in Latvia | 
| 8.2 Growth in the number of partnerships between capsule manufacturers and nutraceutical companies | 
| 8.3 Increase in the adoption of innovative technologies for capsule manufacturing in Latvia | 
| 9 Latvia Liquid Filled Hard Capsules Market - Opportunity Assessment | 
| 9.1 Latvia Liquid Filled Hard Capsules Market Opportunity Assessment, By Size, 2021 & 2031F | 
| 10 Latvia Liquid Filled Hard Capsules Market - Competitive Landscape | 
| 10.1 Latvia Liquid Filled Hard Capsules Market Revenue Share, By Companies, 2024 | 
| 10.2 Latvia Liquid Filled Hard Capsules Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 
| 13 Disclaimer |