| Product Code: ETC5320320 | 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`s soap and detergent import market continued to show steady growth in 2024, with top exporting countries including Poland, Ukraine, Lithuania, Germany, and Estonia. The market concentration, as measured by the HHI, remained at a moderate level. The compound annual growth rate (CAGR) for the period 2020-2024 was 1.44%, indicating a consistent expansion of the market. Additionally, the growth rate from 2023 to 2024 was 1.09%, highlighting ongoing positive momentum in import shipments of soap and detergent products to Latvia.

By 2027, the Soap And Detergent market in Latvia is anticipated to reach a growth rate of 1.90%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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 Soap And Detergent Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Soap And Detergent Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Soap And Detergent Market - Industry Life Cycle |
3.4 Latvia Soap And Detergent Market - Porter's Five Forces |
3.5 Latvia Soap And Detergent Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Soap And Detergent Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Soap And Detergent Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about hygiene and cleanliness |
4.2.2 Growing emphasis on eco-friendly and natural products |
4.2.3 Rising disposable income leading to higher purchasing power |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from international brands |
4.3.3 Regulatory challenges related to product safety and environmental concerns |
5 Latvia Soap And Detergent Market Trends |
6 Latvia Soap And Detergent Market Segmentations |
6.1 Latvia Soap And Detergent Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Soap And Detergent Market Revenues & Volume, By Laundry Detergent, 2021-2031F |
6.1.3 Latvia Soap And Detergent Market Revenues & Volume, By Soap, 2021-2031F |
6.1.4 Latvia Soap And Detergent Market Revenues & Volume, By Dishwashing Detergent, 2021-2031F |
6.1.5 Latvia Soap And Detergent Market Revenues & Volume, By Toothpaste, 2021-2031F |
6.1.6 Latvia Soap And Detergent Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Soap And Detergent Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Soap And Detergent Market Revenues & Volume, By Body, 2021-2031F |
6.2.3 Latvia Soap And Detergent Market Revenues & Volume, By Clothing, 2021-2031F |
6.2.4 Latvia Soap And Detergent Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Soap And Detergent Market Import-Export Trade Statistics |
7.1 Latvia Soap And Detergent Market Export to Major Countries |
7.2 Latvia Soap And Detergent Market Imports from Major Countries |
8 Latvia Soap And Detergent Market Key Performance Indicators |
8.1 Consumer perception and preference towards eco-friendly products |
8.2 Market penetration of natural and organic soap and detergent products |
8.3 Adoption rate of innovative packaging solutions |
8.4 Customer satisfaction and loyalty towards domestic brands |
8.5 Growth in demand for specific soap and detergent variants (e.g., antibacterial, hypoallergenic) |
9 Latvia Soap And Detergent Market - Opportunity Assessment |
9.1 Latvia Soap And Detergent Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Soap And Detergent Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Soap And Detergent Market - Competitive Landscape |
10.1 Latvia Soap And Detergent Market Revenue Share, By Companies, 2024 |
10.2 Latvia Soap And Detergent 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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