| Product Code: ETC5105126 | 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 |
Latvia continues to see strong growth in wet shave import shipments, with key exporting countries like Poland, Germany, and Lithuania leading the way in 2024. The market concentration, as measured by HHI, remained high, indicating a competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 6.68%, with a notable growth rate of 16.77% from 2023 to 2024. This data suggests a thriving market for wet shave products in Latvia, driven by increasing demand and strong partnerships with key exporting nations.

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 Wet Shave Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Wet Shave Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Wet Shave Market - Industry Life Cycle |
3.4 Latvia Wet Shave Market - Porter's Five Forces |
3.5 Latvia Wet Shave Market Revenues & Volume Share, By Gender, 2021 & 2031F |
3.6 Latvia Wet Shave Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Latvia Wet Shave Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Wet Shave Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income among consumers in Latvia |
4.2.2 Growing awareness about personal grooming and hygiene |
4.2.3 Rising popularity of grooming and beauty influencers promoting wet shaving products |
4.3 Market Restraints |
4.3.1 Competition from electric shavers and other grooming alternatives |
4.3.2 Fluctuating raw material prices impacting product costs |
4.3.3 Consumer preference shifting towards more sustainable and eco-friendly grooming options |
5 Latvia Wet Shave Market Trends |
6 Latvia Wet Shave Market Segmentations |
6.1 Latvia Wet Shave Market, By Gender |
6.1.1 Overview and Analysis |
6.1.2 Latvia Wet Shave Market Revenues & Volume, By Male, 2021-2031F |
6.1.3 Latvia Wet Shave Market Revenues & Volume, By Female, 2021-2031F |
6.2 Latvia Wet Shave Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Latvia Wet Shave Market Revenues & Volume, By Disposable Razors, 2021-2031F |
6.2.3 Latvia Wet Shave Market Revenues & Volume, By Non-disposable Razors, 2021-2031F |
6.2.4 Latvia Wet Shave Market Revenues & Volume, By Shaving Lotions & Creams, 2021-2031F |
6.2.5 Latvia Wet Shave Market Revenues & Volume, By Razor Cartridges, 2021-2031F |
6.2.6 Latvia Wet Shave Market Revenues & Volume, By Blades, 2021-2031F |
6.2.7 Latvia Wet Shave Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Wet Shave Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Wet Shave Market Revenues & Volume, By Hypermarkets, 2021-2031F |
6.3.3 Latvia Wet Shave Market Revenues & Volume, By Supermarkets, 2021-2031F |
6.3.4 Latvia Wet Shave Market Revenues & Volume, By Independent Retailers, 2021-2031F |
6.3.5 Latvia Wet Shave Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Wet Shave Market Import-Export Trade Statistics |
7.1 Latvia Wet Shave Market Export to Major Countries |
7.2 Latvia Wet Shave Market Imports from Major Countries |
8 Latvia Wet Shave Market Key Performance Indicators |
8.1 Number of new wet shave product launches in the Latvian market |
8.2 Percentage increase in online searches for wet shave products in Latvia |
8.3 Growth in the number of specialty wet shave retailers in Latvia |
9 Latvia Wet Shave Market - Opportunity Assessment |
9.1 Latvia Wet Shave Market Opportunity Assessment, By Gender, 2021 & 2031F |
9.2 Latvia Wet Shave Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Latvia Wet Shave Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Wet Shave Market - Competitive Landscape |
10.1 Latvia Wet Shave Market Revenue Share, By Companies, 2024 |
10.2 Latvia Wet Shave Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |