| Product Code: ETC4720889 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia saw an increase in the concentration of shoe polish import shipments, with top exporters being Germany, Lithuania, Turkey, Poland, and Estonia. Despite a significant decline in growth rate from 2023 to 2024, the compound annual growth rate over the past five years remains positive at 6.26%. This shift in concentration suggests a potential changing landscape in the Latvian shoe polish market, with opportunities for market players to capitalize on emerging trends and consumer preferences.

By 2027, Latvia's Shoe Polish market is forecasted to achieve a stable growth rate of 0.42%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

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 Shoe Polish Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Shoe Polish Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Shoe Polish Market - Industry Life Cycle |
3.4 Latvia Shoe Polish Market - Porter's Five Forces |
3.5 Latvia Shoe Polish Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Shoe Polish Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Latvia Shoe Polish Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Shoe Polish Market Revenues & Volume Share, By Location, 2021 & 2031F |
3.9 Latvia Shoe Polish Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Shoe Polish Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on personal grooming and appearance |
4.2.2 Growing awareness about the importance of shoe maintenance for durability |
4.2.3 Rising disposable income leading to higher spending on shoe care products |
4.3 Market Restraints |
4.3.1 Competition from alternative shoe care products such as sprays and wipes |
4.3.2 Environmental concerns related to the use of traditional shoe polish containing chemicals |
5 Latvia Shoe Polish Market Trends |
6 Latvia Shoe Polish Market Segmentations |
6.1 Latvia Shoe Polish Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Shoe Polish Market Revenues & Volume, By Cream Polish, 2021-2031F |
6.1.3 Latvia Shoe Polish Market Revenues & Volume, By Liquid Polish, 2021-2031F |
6.1.4 Latvia Shoe Polish Market Revenues & Volume, By Wax Polish, 2021-2031F |
6.1.5 Latvia Shoe Polish Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Shoe Polish Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Latvia Shoe Polish Market Revenues & Volume, By Shoe Shine Oil, 2021-2031F |
6.2.3 Latvia Shoe Polish Market Revenues & Volume, By Shoe Leather Nourishing Cream, 2021-2031F |
6.2.4 Latvia Shoe Polish Market Revenues & Volume, By Shoe Leather Softener, 2021-2031F |
6.2.5 Latvia Shoe Polish Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Shoe Polish Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Shoe Polish Market Revenues & Volume, By Household, 2021-2031F |
6.3.3 Latvia Shoe Polish Market Revenues & Volume, By Commercial, 2021-2031F |
6.4 Latvia Shoe Polish Market, By Location |
6.4.1 Overview and Analysis |
6.4.2 Latvia Shoe Polish Market Revenues & Volume, By Urban, 2021-2031F |
6.4.3 Latvia Shoe Polish Market Revenues & Volume, By Rural, 2021-2031F |
6.5 Latvia Shoe Polish Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Latvia Shoe Polish Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F |
6.5.3 Latvia Shoe Polish Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.5.4 Latvia Shoe Polish Market Revenues & Volume, By Footwear Showrooms/Specialty Stores, 2021-2031F |
6.5.5 Latvia Shoe Polish Market Revenues & Volume, By Online Retail, 2021-2031F |
6.5.6 Latvia Shoe Polish Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Shoe Polish Market Import-Export Trade Statistics |
7.1 Latvia Shoe Polish Market Export to Major Countries |
7.2 Latvia Shoe Polish Market Imports from Major Countries |
8 Latvia Shoe Polish Market Key Performance Indicators |
8.1 Consumer satisfaction index with shoe polish products |
8.2 Number of shoe care tutorials or workshops organized by companies in Latvia |
8.3 Percentage of repeat customers for shoe polish brands in the market |
9 Latvia Shoe Polish Market - Opportunity Assessment |
9.1 Latvia Shoe Polish Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Shoe Polish Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Latvia Shoe Polish Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Shoe Polish Market Opportunity Assessment, By Location, 2021 & 2031F |
9.5 Latvia Shoe Polish Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Shoe Polish Market - Competitive Landscape |
10.1 Latvia Shoe Polish Market Revenue Share, By Companies, 2024 |
10.2 Latvia Shoe Polish Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |