The Latvia beauty and personal care products market is poised for gradual expansion, anticipated to grow by USD 67.4 million with a compound annual growth rate (CAGR) of around 2.8% throughout the 2024 to 2029 forecast period. Latvia’s beauty and personal care market is driven by the increasing consumer demand for high-quality skincare products, with a focus on anti-aging and hydration solutions. The rising interest in natural and organic beauty products is reshaping consumer preferences, as more consumers seek eco-friendly and cruelty-free alternatives. Additionally, the expanding e-commerce landscape is offering greater access to international beauty brands, further fueling market growth.
The report provides a comprehensive analysis of the Latvia beauty and personal care products industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product type, price range, consumer group and distribution channel. The insights gained from this evaluation help reveal the growth potential within the beauty and personal care products sector.
Market Segmentation
The segmentation of the Latvia beauty and personal care products market is outlined below:
Product type: bath products, color cosmetics, deodorants, depilatory products, perfumes and fragrances, hair care products, men’s grooming products, oral care, skin care products, sun care products
Price range: mass, premium
Consumer group: baby/child, adult
Distribution channel: convenience stores, supermarkets and hypermarkets, discounters, grocery stores, department stores, beauty and personal care stores, pharmacies, e-commerce, salons, others
The beauty and personal care products market in Latvia is segmented across product type, price range, consumer group and distribution channel. The market is classified by product type into bath products, color cosmetics, deodorants, depilatory products, perfumes and fragrances, hair care products, men’s grooming products, oral care, skin care products, and sun care products. Price range categories include mass, and premium. Consumer group segments cover baby/child, and adult. Distribution channel segmentation includes convenience stores, supermarkets and hypermarkets, discounters, grocery stores, department stores, beauty and personal care stores, pharmacies, e-commerce, salons, and others.
Competitive Landscape
Key players in the Latvia beauty and personal care products market include L’Oreal S.A., Beiersdorf AG, The Procter & Gamble Company (P&G), Coty Inc., Natura & Co, Henkel AG & Co. KGaA, NAOS SAS, Colgate-Palmolive Company, Unilever PLC, Wella AG, cosnova GmbH, Faberlic OAO, PUIG SL, Haleon plc, Kenvue Inc., LVMH Moet Hennessy Louis Vuitton SA (LVMH), Oriflame Cosmetics S.A., AS MADARA Cosmetics, Chanel S.A., Pierre Fabre S.A., Euroitalia S.R.L., Edgewell Personal Care Brands LLC and Inter Parfums Inc.
This report presents an extensive analysis of major entities in the beauty and personal care products market, focusing on their performance from 2019 to 2023. 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 beauty and personal care products market.
Gain in-depth analysis and forecasts for the key segments of the Latvia beauty and personal care products market: product type, price range, consumer group 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 beauty and personal care products market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Latvia beauty and personal care products 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
Report Scope
Research Methodology
Market Overview
Latvia Beauty and Personal Care Products Market – Product Type Analysis
Latvia Beauty and Personal Care Products Market – Price Range Analysis
Latvia Beauty and Personal Care Products Market – Consumer Group Analysis
Latvia Beauty and Personal Care Products Market – Distribution Channel Analysis
Key Players and Market Share
– L’Oreal S.A.
– Beiersdorf AG
– The Procter & Gamble Company (P&G)
– Coty Inc.
– Natura & Co
– Henkel AG & Co. KGaA
– NAOS SAS
– Colgate-Palmolive Company
– Unilever PLC
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Latvia Beauty and Personal Care Products Market 2019-2029
Chart Latvia Beauty and Personal Care Products Market, Net Growth, 2019-2029
Chart Latvia Beauty and Personal Care Products Market, Growth Rates, 2019-2029
Table Latvia Beauty and Personal Care Products Market by Product Type, 2019-2029
Chart Latvia Beauty and Personal Care Products Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Latvia Beauty and Personal Care Products Market by Product Type, 2019-2029
Table Latvia Beauty and Personal Care Products Market by Price Range, 2019-2029
Chart Latvia Beauty and Personal Care Products Market by Price Range, CAGR Historic and Forecast, 2019-2029
Chart Latvia Beauty and Personal Care Products Market by Price Range, 2019-2029
Table Latvia Beauty and Personal Care Products Market by Consumer Group, 2019-2029
Chart Latvia Beauty and Personal Care Products Market by Consumer Group, CAGR Historic and Forecast, 2019-2029
Chart Latvia Beauty and Personal Care Products Market by Consumer Group, 2019-2029
Table Latvia Beauty and Personal Care Products Market by Distribution Channel, 2019-2029
Chart Latvia Beauty and Personal Care Products Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Latvia Beauty and Personal Care Products Market by Distribution Channel, 2019-2029
Table Latvia Beauty and Personal Care Products Market Share (%), by Companies, 2019-2023
Chart Latvia Beauty and Personal Care Products Market, by Companies, 2023
Table Latvia Beauty and Personal Care Products Market Share (%), by Brands, 2019-2023
Chart Latvia Beauty and Personal Care Products Market, by Brands, 2023
Table Latvia – Population (Millions) and Forecast
Table Latvia – Consumer Price Index (CPI) and Forecast
Table Latvia – Gross Domestic Product and Forecast
Table Latvia Beauty and Personal Care Products Market: Spend as a Proportion of GDP (%)
Table Latvia Beauty and Personal Care Products Market: Consumption per Capita (Population)
Companies Mentioned
L’Oreal S.A.
Beiersdorf AG
The Procter & Gamble Company (P&G)
Coty Inc.
Natura & Co
Henkel AG & Co. KGaA
NAOS SAS
Colgate-Palmolive Company
Unilever PLC
Wella AG
cosnova GmbH
Faberlic OAO
PUIG SL
Haleon plc
Kenvue Inc.
LVMH Moet Hennessy Louis Vuitton SA (LVMH)
Oriflame Cosmetics S.A.
AS MADARA Cosmetics
Chanel S.A.
Pierre Fabre S.A.
Euroitalia S.R.L.
Edgewell Personal Care Brands LLC
Inter Parfums, Inc.