Expected growth in the Latvia beauty and personal care products market is projected at USD 53.4 million, reflecting a CAGR of approximately 3% during the upcoming 2025 to 2030 period. Latviaโs 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.
This report provides a strategic analysis of the Latvia beauty and personal care products market, examining historical trends from 2020 to 2024 and forecasting developments through 2030. It assesses market size, growth trajectories, and key drivers of change, offering a comprehensive view of the industryโs future. By dissecting the market into product type, price range, consumer group and distribution channel, the report identifies high-potential opportunities and actionable strategies for market players to thrive in a competitive landscape.
Market Segmentation
The Latvia beauty and personal care products market is categorized into the following segments:
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: premium products, mass products
Consumer group: baby/child, adult
Distribution channel: beauty and personal care stores, convenience stores, direct selling, discounters, e-commerce, general merchandise stores, hair salons, hypermarkets, pharmacies, small grocery stores, supermarkets, others
The beauty and personal care products market in Latvia is segmented across product type, price range, consumer group and distribution channel. In terms of product type, the market is segmented 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 premium products, and mass products. Consumer group segments encompass baby/child, and adult. Distribution channel segmentation comprises beauty and personal care stores, convenience stores, direct selling, discounters, e-commerce, general merchandise stores, hair salons, hypermarkets, pharmacies, small grocery stores, supermarkets, and others.
Competitive Landscape
The beauty and personal care products market is largely dominated by key players such as 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 comprehensive report analyzes the performance of leading companies in the beauty and personal care products sector from 2020 to 2024. The findings highlight shifts in market share, revealing both established market leaders and emerging competitors.
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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.
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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.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Market Segmentation
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
Company Shares Analysis
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
Research Methodology
Disclaimer
FIGURES AND TABLES
Table Latvia Beauty and Personal Care Products Market 2020-2030
Chart Latvia Beauty and Personal Care Products Market, Net Growth, 2020-2030
Chart Latvia Beauty and Personal Care Products Market, Growth Rates, 2020-2030
Table Latvia Beauty and Personal Care Products Market by Product Type, 2020-2030
Chart Latvia Beauty and Personal Care Products Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart Latvia Beauty and Personal Care Products Market by Product Type, 2020-2030
Table Latvia Beauty and Personal Care Products Market by Price Range, 2020-2030
Chart Latvia Beauty and Personal Care Products Market by Price Range, CAGR Historic and Forecast, 2020-2030
Chart Latvia Beauty and Personal Care Products Market by Price Range, 2020-2030
Table Latvia Beauty and Personal Care Products Market by Consumer Group, 2020-2030
Chart Latvia Beauty and Personal Care Products Market by Consumer Group, CAGR Historic and Forecast, 2020-2030
Chart Latvia Beauty and Personal Care Products Market by Consumer Group, 2020-2030
Table Latvia Beauty and Personal Care Products Market by Distribution Channel, 2020-2030
Chart Latvia Beauty and Personal Care Products Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Latvia Beauty and Personal Care Products Market by Distribution Channel, 2020-2030
Table Latvia Beauty and Personal Care Products Market Share (%), by Companies, 2020-2024
Chart Latvia Beauty and Personal Care Products Market, by Companies, 2024
Table Latvia Beauty and Personal Care Products Market Share (%), by Brands, 2020-2024
Chart Latvia Beauty and Personal Care Products 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 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.