| Product Code: ETC7914526 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The liquid soap import market in Latvia continued to show steady growth in 2024, with top exporters being Poland, Germany, Metropolitan France, Estonia, and Lithuania. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained at a moderate level, indicating a healthy level of competition. The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 7.31%, with a notable growth rate of 18.03% from 2023 to 2024, reflecting increasing demand for liquid soap in Latvia.

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 Soap Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Liquid Soap Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Liquid Soap Market - Industry Life Cycle |
3.4 Latvia Liquid Soap Market - Porter's Five Forces |
3.5 Latvia Liquid Soap Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Liquid Soap Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Liquid Soap Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Liquid Soap Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about hygiene and sanitation practices |
4.2.2 Growing disposable income leading to higher spending on personal care products |
4.2.3 Innovation in product formulations and packaging to cater to changing consumer preferences |
4.3 Market Restraints |
4.3.1 Intense competition from other personal care products |
4.3.2 Fluctuating raw material prices affecting production costs |
4.3.3 Regulatory challenges related to product labeling and ingredients |
5 Latvia Liquid Soap Market Trends |
6 Latvia Liquid Soap Market, By Types |
6.1 Latvia Liquid Soap Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Liquid Soap Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia Liquid Soap Market Revenues & Volume, By Organic, 2021- 2031F |
6.1.4 Latvia Liquid Soap Market Revenues & Volume, By Conventional, 2021- 2031F |
6.2 Latvia Liquid Soap Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Liquid Soap Market Revenues & Volume, By Household, 2021- 2031F |
6.2.3 Latvia Liquid Soap Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3 Latvia Liquid Soap Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Liquid Soap Market Revenues & Volume, By Supermarkets & Hypermarkets, 2021- 2031F |
6.3.3 Latvia Liquid Soap Market Revenues & Volume, By Convenience Store, 2021- 2031F |
6.3.4 Latvia Liquid Soap Market Revenues & Volume, By Online, 2021- 2031F |
6.3.5 Latvia Liquid Soap Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Liquid Soap Market Import-Export Trade Statistics |
7.1 Latvia Liquid Soap Market Export to Major Countries |
7.2 Latvia Liquid Soap Market Imports from Major Countries |
8 Latvia Liquid Soap Market Key Performance Indicators |
8.1 Consumer satisfaction scores and feedback on product quality and effectiveness |
8.2 Number of new product launches and product variants introduced in the market |
8.3 Percentage of market share within the liquid soap segment compared to other personal care products |
9 Latvia Liquid Soap Market - Opportunity Assessment |
9.1 Latvia Liquid Soap Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Liquid Soap Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Liquid Soap Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Liquid Soap Market - Competitive Landscape |
10.1 Latvia Liquid Soap Market Revenue Share, By Companies, 2024 |
10.2 Latvia Liquid Soap Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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