| Product Code: ETC5323911 | 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 synthetic pigments import market saw a notable shift in concentration levels from moderate to low in 2024. Top exporting countries like Finland, Germany, and Slovakia maintained their presence, while Lithuania and Italy also made significant contributions. Despite a slight decline in the compound annual growth rate (CAGR) from 2020 to 2024, the market showed a strong growth spurt in 2024 with a growth rate of 15.03%. This indicates a positive trend in the demand for synthetic pigments in Latvia, pointing towards potential opportunities for both local and international suppliers.

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 Synthetic Pigments Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Synthetic Pigments Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Synthetic Pigments Market - Industry Life Cycle |
3.4 Latvia Synthetic Pigments Market - Porter's Five Forces |
3.5 Latvia Synthetic Pigments Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Synthetic Pigments Market Revenues & Volume Share, By End-User Industry, 2021 & 2031F |
4 Latvia Synthetic Pigments Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for synthetic pigments in various industries such as paints and coatings, plastics, and textiles in Latvia. |
4.2.2 Increasing investments in research and development for the development of innovative synthetic pigment products. |
4.2.3 Favorable government regulations and policies supporting the use of synthetic pigments in various applications. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting the production cost of synthetic pigments. |
4.3.2 Environmental concerns related to the disposal and impact of synthetic pigments on ecosystems. |
4.3.3 Intense competition from alternative natural pigments in the market. |
5 Latvia Synthetic Pigments Market Trends |
6 Latvia Synthetic Pigments Market Segmentations |
6.1 Latvia Synthetic Pigments Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Synthetic Pigments Market Revenues & Volume, By Inorganic Pigments, 2021-2031F |
6.1.3 Latvia Synthetic Pigments Market Revenues & Volume, By Organic Pigments, 2021-2031F |
6.2 Latvia Synthetic Pigments Market, By End-User Industry |
6.2.1 Overview and Analysis |
6.2.2 Latvia Synthetic Pigments Market Revenues & Volume, By Paints and Coatings, 2021-2031F |
6.2.3 Latvia Synthetic Pigments Market Revenues & Volume, By Plastics, 2021-2031F |
6.2.4 Latvia Synthetic Pigments Market Revenues & Volume, By Printing Inks, 2021-2031F |
6.2.5 Latvia Synthetic Pigments Market Revenues & Volume, By Textiles, 2021-2031F |
6.2.6 Latvia Synthetic Pigments Market Revenues & Volume, By Cosmetics and Personal Care, 2021-2031F |
6.2.7 Latvia Synthetic Pigments Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Synthetic Pigments Market Import-Export Trade Statistics |
7.1 Latvia Synthetic Pigments Market Export to Major Countries |
7.2 Latvia Synthetic Pigments Market Imports from Major Countries |
8 Latvia Synthetic Pigments Market Key Performance Indicators |
8.1 Research and Development Investment: Tracking the amount invested in RD for developing new synthetic pigment products. |
8.2 Environmental Impact Assessment: Monitoring the environmental impact of synthetic pigments and implementing sustainable practices. |
8.3 Innovation Rate: Measuring the rate at which new synthetic pigment formulations or technologies are introduced in the market. |
9 Latvia Synthetic Pigments Market - Opportunity Assessment |
9.1 Latvia Synthetic Pigments Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Synthetic Pigments Market Opportunity Assessment, By End-User Industry, 2021 & 2031F |
10 Latvia Synthetic Pigments Market - Competitive Landscape |
10.1 Latvia Synthetic Pigments Market Revenue Share, By Companies, 2024 |
10.2 Latvia Synthetic Pigments Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |