Latvia Perfume Market 2025

The Latvia perfume market is poised for gradual expansion, anticipated to grow by USD 8.0 million with a CAGR of around 2.5% throughout the 2025 to 2030 forecast period. Latvia’s perfume market outlook remains positive, driven by a growing interest in artisanal and sustainable fragrances. Consumers are increasingly seeking unique olfactory experiences that reflect individuality, creating opportunities for niche and natural fragrance brands. Additionally, rising popularity of online beauty stores and cross-border e-commerce will continue to widen product availability and price transparency.

This report provides a comprehensive analysis of the Latvia perfume market, combining historical data from 2020 to 2024 with forward-looking projections through 2030. It examines market size, growth rates, and key trends, offering a detailed perspective on the industry’s evolution. The analysis is structured across critical dimensions, including product type, price range and distribution channel, enabling stakeholders to identify opportunities and make informed strategic decisions.

Market Segmentation

The segmentation of the Latvia perfume market is outlined below:
Product type: men’s perfume, women’s perfume, unisex perfume
Price range: mass, premium
Distribution channel: beauty and personal care stores, convenience stores, department stores, direct selling, discounters, e-commerce, hypermarkets, small grocery stores, supermarkets, others

In Latvia, the perfume market is segmented by product type, price range and distribution channel. The market is classified by product type into men’s perfume, women’s perfume, and unisex perfume. Price range segments encompass mass, and premium. Distribution channel segmentation comprises beauty and personal care stores, convenience stores, department stores, direct selling, discounters, e-commerce, hypermarkets, small grocery stores, supermarkets, and others.

Competitive Landscape

The perfume market is characterized by dominance from key players such as Amway Corporation, Chanel S.A., Compagnie Financiere Richemont S.A., Coty Inc., Dolce & Gabbana S.R.L., Euroitalia S.R.L., Faberlic OAO, Hermes International SCA, Inter Parfums Inc., LA RIVE S.A., L’Oreal S.A., LVMH Moet Hennessy Louis Vuitton SA (LVMH), Mary Kay Inc., Natura & Co, Oriflame Cosmetics S.A., Parlux Ltd., Perfumes & Diseno SA, PUIG SL, Revlon Inc., Shiseido Company Limited, Swissfragrance GmbH, The Body Shop International Ltd., The Estee Lauder Companies Inc., The Procter & Gamble Company (P&G) and The Shaneel Group.

This report presents an extensive analysis of major entities in the perfume market, focusing on their performance from 2020 to 2024. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Latvia perfume market.
Gain in-depth analysis and forecasts for the key segments of the Latvia perfume market: product type, price range and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Latvia perfume market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Latvia perfume market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents

TABLE OF CONTENTS
Key Findings
Market Segmentation
Market Overview
Latvia Perfume Market – Product Type Analysis
Latvia Perfume Market – Price Range Analysis
Latvia Perfume Market – Distribution Channel Analysis
Company Shares Analysis
Amway Corporation
Chanel S.A.
Compagnie Financiere Richemont S.A.
Coty Inc.
Dolce & Gabbana S.R.L.
Euroitalia S.R.L.
Faberlic OAO
Hermes International SCA
Inter Parfums, Inc.
…
Macroeconomic Data and Forecast
Research Methodology
Disclaimer

FIGURES AND TABLES
Table Latvia Perfume Market 2020-2030
Chart Latvia Perfume Market, Net Growth, 2020-2030
Chart Latvia Perfume Market, Growth Rates, 2020-2030
Table Latvia Perfume Market by Product Type, 2020-2030
Chart Latvia Perfume Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart Latvia Perfume Market by Product Type, 2020-2030
Table Latvia Perfume Market by Price Range, 2020-2030
Chart Latvia Perfume Market by Price Range, CAGR Historic and Forecast, 2020-2030
Chart Latvia Perfume Market by Price Range, 2020-2030
Table Latvia Perfume Market by Distribution Channel, 2020-2030
Chart Latvia Perfume Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Latvia Perfume Market by Distribution Channel, 2020-2030
Table Latvia Perfume Market Share (%), by Companies, 2020-2024
Chart Latvia Perfume Market, by Companies, 2024
Table Latvia Perfume Market Share (%), by Brands, 2020-2024
Chart Latvia Perfume Market, by Brands, 2024
Table Latvia – Population (Millions) and Forecast
Table Latvia – Consumer Price Index (CPI) and Forecast
Table Latvia – Gross Domestic Product and Forecast
Table Latvia Perfume Market: Spend as a Proportion of GDP (%)
Table Latvia Perfume Market: Consumption per Capita (Population)

Companies Mentioned

Amway Corporation
Chanel S.A.
Compagnie Financiere Richemont S.A.
Coty Inc.
Dolce & Gabbana S.R.L.
Euroitalia S.R.L.
Faberlic OAO
Hermes International SCA
Inter Parfums, Inc.
LA RIVE S.A.
L’Oreal S.A.
LVMH Moet Hennessy Louis Vuitton SA (LVMH)
Mary Kay Inc.
Natura & Co
Oriflame Cosmetics S.A.
Parlux Ltd.
Perfumes & Diseno SA
PUIG SL
Revlon, Inc.
Shiseido Company, Limited
Swissfragrance GmbH
The Body Shop International Ltd.
The Estee Lauder Companies Inc.
The Procter & Gamble Company (P&G)
The Shaneel Group