| Product Code: ETC10776181 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
The personal care product contract manufacturing import shipments in Latvia continued to show strong growth in 2024, with a notable increase in the top exporting countries including Poland, Lithuania, Germany, Ukraine, and Netherlands. The high Herfindahl-Hirschman Index (HHI) concentration indicates a competitive market landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was 6.48%, showcasing sustained expansion. Moreover, the growth rate in 2024 alone was an impressive 11.2%, highlighting the increasing demand for personal care products in Latvia and the attractiveness of contract manufacturing in the region.
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 Personal Care Product Contract Manufacturing Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Personal Care Product Contract Manufacturing Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Personal Care Product Contract Manufacturing Market - Industry Life Cycle |
3.4 Latvia Personal Care Product Contract Manufacturing Market - Porter's Five Forces |
3.5 Latvia Personal Care Product Contract Manufacturing Market Revenues & Volume Share, By Service Type, 2021 & 2031F |
3.6 Latvia Personal Care Product Contract Manufacturing Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Latvia Personal Care Product Contract Manufacturing Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Latvia Personal Care Product Contract Manufacturing Market Revenues & Volume Share, By Formulation, 2021 & 2031F |
3.9 Latvia Personal Care Product Contract Manufacturing Market Revenues & Volume Share, By Certification, 2021 & 2031F |
4 Latvia Personal Care Product Contract Manufacturing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for personalized and premium personal care products |
4.2.2 Growing trend towards outsourcing manufacturing to focus on core competencies |
4.2.3 Technological advancements in manufacturing processes and equipment |
4.3 Market Restraints |
4.3.1 Stringent regulations and compliance requirements in the personal care industry |
4.3.2 Fluctuating raw material prices affecting production costs |
4.3.3 Intense competition among contract manufacturers |
5 Latvia Personal Care Product Contract Manufacturing Market Trends |
6 Latvia Personal Care Product Contract Manufacturing Market, By Types |
6.1 Latvia Personal Care Product Contract Manufacturing Market, By Service Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Personal Care Product Contract Manufacturing Market Revenues & Volume, By Service Type, 2021 - 2031F |
6.1.3 Latvia Personal Care Product Contract Manufacturing Market Revenues & Volume, By Private Labeling, 2021 - 2031F |
6.1.4 Latvia Personal Care Product Contract Manufacturing Market Revenues & Volume, By OEM Manufacturing, 2021 - 2031F |
6.1.5 Latvia Personal Care Product Contract Manufacturing Market Revenues & Volume, By Contract Development, 2021 - 2031F |
6.1.6 Latvia Personal Care Product Contract Manufacturing Market Revenues & Volume, By Custom Formulation, 2021 - 2031F |
6.1.7 Latvia Personal Care Product Contract Manufacturing Market Revenues & Volume, By Bulk Manufacturing, 2021 - 2031F |
6.2 Latvia Personal Care Product Contract Manufacturing Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Personal Care Product Contract Manufacturing Market Revenues & Volume, By Skincare, 2021 - 2031F |
6.2.3 Latvia Personal Care Product Contract Manufacturing Market Revenues & Volume, By Haircare, 2021 - 2031F |
6.2.4 Latvia Personal Care Product Contract Manufacturing Market Revenues & Volume, By Oral Care, 2021 - 2031F |
6.2.5 Latvia Personal Care Product Contract Manufacturing Market Revenues & Volume, By Fragrances, 2021 - 2031F |
6.2.6 Latvia Personal Care Product Contract Manufacturing Market Revenues & Volume, By Sunscreens, 2021 - 2031F |
6.3 Latvia Personal Care Product Contract Manufacturing Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Personal Care Product Contract Manufacturing Market Revenues & Volume, By Cosmetic Brands, 2021 - 2031F |
6.3.3 Latvia Personal Care Product Contract Manufacturing Market Revenues & Volume, By Retailers, 2021 - 2031F |
6.3.4 Latvia Personal Care Product Contract Manufacturing Market Revenues & Volume, By E-commerce Companies, 2021 - 2031F |
6.3.5 Latvia Personal Care Product Contract Manufacturing Market Revenues & Volume, By Drug Stores, 2021 - 2031F |
6.3.6 Latvia Personal Care Product Contract Manufacturing Market Revenues & Volume, By Specialty Retailers, 2021 - 2031F |
6.4 Latvia Personal Care Product Contract Manufacturing Market, By Formulation |
6.4.1 Overview and Analysis |
6.4.2 Latvia Personal Care Product Contract Manufacturing Market Revenues & Volume, By Cream-Based, 2021 - 2031F |
6.4.3 Latvia Personal Care Product Contract Manufacturing Market Revenues & Volume, By Liquid-Based, 2021 - 2031F |
6.4.4 Latvia Personal Care Product Contract Manufacturing Market Revenues & Volume, By Solid-Based, 2021 - 2031F |
6.4.5 Latvia Personal Care Product Contract Manufacturing Market Revenues & Volume, By Powder-Based, 2021 - 2031F |
6.4.6 Latvia Personal Care Product Contract Manufacturing Market Revenues & Volume, By Gel-Based, 2021 - 2031F |
6.5 Latvia Personal Care Product Contract Manufacturing Market, By Certification |
6.5.1 Overview and Analysis |
6.5.2 Latvia Personal Care Product Contract Manufacturing Market Revenues & Volume, By GMP Certified, 2021 - 2031F |
6.5.3 Latvia Personal Care Product Contract Manufacturing Market Revenues & Volume, By ISO Certified, 2021 - 2031F |
6.5.4 Latvia Personal Care Product Contract Manufacturing Market Revenues & Volume, By FDA Approved, 2021 - 2031F |
6.5.5 Latvia Personal Care Product Contract Manufacturing Market Revenues & Volume, By Eco-Certified, 2021 - 2031F |
6.5.6 Latvia Personal Care Product Contract Manufacturing Market Revenues & Volume, By Dermatologist Recommended, 2021 - 2031F |
7 Latvia Personal Care Product Contract Manufacturing Market Import-Export Trade Statistics |
7.1 Latvia Personal Care Product Contract Manufacturing Market Export to Major Countries |
7.2 Latvia Personal Care Product Contract Manufacturing Market Imports from Major Countries |
8 Latvia Personal Care Product Contract Manufacturing Market Key Performance Indicators |
8.1 Percentage of new product development projects secured annually |
8.2 Average lead time for manufacturing personal care products |
8.3 Rate of successful product launches for clients |
8.4 Percentage of repeat business from existing clients |
8.5 Number of strategic partnerships with raw material suppliers or technology providers |
9 Latvia Personal Care Product Contract Manufacturing Market - Opportunity Assessment |
9.1 Latvia Personal Care Product Contract Manufacturing Market Opportunity Assessment, By Service Type, 2021 & 2031F |
9.2 Latvia Personal Care Product Contract Manufacturing Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Latvia Personal Care Product Contract Manufacturing Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Latvia Personal Care Product Contract Manufacturing Market Opportunity Assessment, By Formulation, 2021 & 2031F |
9.5 Latvia Personal Care Product Contract Manufacturing Market Opportunity Assessment, By Certification, 2021 & 2031F |
10 Latvia Personal Care Product Contract Manufacturing Market - Competitive Landscape |
10.1 Latvia Personal Care Product Contract Manufacturing Market Revenue Share, By Companies, 2024 |
10.2 Latvia Personal Care Product Contract Manufacturing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |