Latvia Perfume Market 2024


Market Overview

According to the latest estimates, the perfume market in Latvia is set to achieve an incremental growth of USD 10.6 million, accelerating at a CAGR of almost 3.2% during the forecast period 2024-2029. Rising consumer demand for personalized and bespoke fragrances is driving significant growth in customized perfume offerings. At the same time, there is a notable trend towards niche and artisan fragrances, which offer unique and exclusive scents. Consumers are drawn to the individuality and craftsmanship these products represent. Smaller, independent brands that produce high-quality, handcrafted perfumes are gaining market share, especially those that prioritize sustainable and ethical practices, appealing to the environmentally aware consumer segment.

The report provides a comprehensive overview of the Latvia perfume industry, covering a study of the key players operating in the market. It includes an analysis of market segments and sub-segments, taking into consideration factors such as gender, price range, packaging, and distribution channel. By examining these aspects, the report offers valuable insights into the potential of the perfume industry. Moreover, the report presents statistical information, including market size, market share, growth rate, and forecasts specifically tailored to the perfume industry. This data-driven analysis equips industry professionals with the necessary information to assess the current market landscape, make well-informed decisions, and identify growth opportunities within the sector.


Market Segmentation

The perfume market in Latvia is segmented as below:
Gender: men, women, and unisex
Price range: premium products, and mass products
Packaging: glass bottles, plastic bottles, and others (crystal, metal, etc.)
Distribution channel: supermarkets and hypermarkets, grocery stores, department stores, health and beauty stores, direct selling, e-commerce, and others

The Latvia perfume market is segmented on the basis of gender, price range, packaging, and distribution channel. Based on gender, the perfume market in Latvia is categorized into men, women, and unisex. On the basis of price range, the perfume market in Latvia has been segmented into premium products, and mass products. By packaging, the perfume market in Latvia has been segmented into glass bottles, plastic bottles, and others (crystal, metal, etc.). Based upon distribution channel, the perfume market in Latvia is categorized into supermarkets and hypermarkets, grocery stores, department stores, health and beauty stores, direct selling, e-commerce, and others.


Competitive Landscape

The Latvia perfume market is highly competitive. The key players in the perfume market include Coty Inc., L’Oreal S.A., Natura & Co, LVMH Moet Hennessy Louis Vuitton SA (LVMH), Chanel S.A., Euroitalia S.R.L., Inter Parfums Inc., PUIG SL, Dolce & Gabbana S.R.L., Revlon Inc., The Shaneel Group, Oriflame Cosmetics S.A., Faberlic OAO, The Procter & Gamble Company (P&G), Compagnie Financiere Richemont S.A., Mary Kay Inc., Amway Corporation, Shiseido Company Limited, LA RIVE S.A., Hermes International SCA, URODA Polska Sp. z o.o.

The report is an indispensable tool for companies and organizations operating in the perfume industry. It offers a comprehensive overview of the market, empowering industry executives, policy makers, academics, and analysts to make well-informed decisions. The report provides valuable insights and analysis, presenting a cohesive and detailed perspective on the perfume market.


Why Buy This Report?

Provide statistical data or estimations for the Latvia perfume market
Formulate regional strategies and determine strategic priorities based on local data analysis
Gain a comprehensive understanding of the perfume market in Latvia
Identify promising investment opportunities by pinpointing growth sectors and emerging trends
Understand what the future of the perfume market in Latvia looks like
Analyze the competitive landscape and identify the optimal timing for seizing opportunities


Table of Contents

TABLE OF CONTENTS
FIGURES AND TABLES
1. Scope and Methodology
1.1 Key Findings
1.2 Report Scope
1.3 Research Methodology
2. Market Overview
3. Latvia Perfume Market – Gender Analysis
3.1 Men
3.2 Women
3.3 Unisex
4. Latvia Perfume Market – Price Range Analysis
4.1 Premium products
4.2 Mass products
5. Latvia Perfume Market – Packaging Analysis
5.1 Glass bottles
5.2 Plastic bottles
5.3 Others (crystal, metal, etc.)
6. Latvia Perfume Market – Distribution Channel Analysis
6.1 Supermarkets and hypermarkets
6.2 Grocery stores
6.3 Department stores
6.4 Health and beauty stores
6.5 Direct selling
6.6 E-commerce
6.7 Others
7. Company Profiles
7.1 Coty Inc.
7.2 L’Oreal S.A.
7.3 Natura & Co
7.4 LVMH Moet Hennessy Louis Vuitton SA (LVMH)
7.5 Chanel S.A.
7.6 Euroitalia S.R.L.
7.7 Inter Parfums, Inc.
7.8 PUIG SL
7.9 Dolce & Gabbana S.R.L.
7.10 Revlon, Inc.
7.11 The Shaneel Group
7.12 Oriflame Cosmetics S.A.
7.13 Faberlic OAO
7.14 The Procter & Gamble Company (P&G)
7.15 Compagnie Financiere Richemont S.A.
7.16 Mary Kay Inc.
7.17 Amway Corporation
7.18 Shiseido Company, Limited
7.19 LA RIVE S.A.
7.20 Hermes International SCA
7.21 URODA Polska Sp. z o.o.
DISCLAIMER


Companies Mentioned

Coty Inc.
L’Oreal S.A.
Natura & Co
LVMH Moet Hennessy Louis Vuitton SA (LVMH)
Chanel S.A.
Euroitalia S.R.L.
Inter Parfums, Inc.
PUIG SL
Dolce & Gabbana S.R.L.
Revlon, Inc.
The Shaneel Group
Oriflame Cosmetics S.A.
Faberlic OAO
The Procter & Gamble Company (P&G)
Compagnie Financiere Richemont S.A.
Mary Kay Inc.
Amway Corporation
Shiseido Company, Limited
LA RIVE S.A.
Hermes International SCA
URODA Polska Sp. z o.o.


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