Key Market Indicators
The Latvian Body Care market is projected to generate €1.06 million in revenue by 2028, marking a modest annual growth rate of 0.2% from its 2023 figure of €1.05 million. This slight increase comes after a period of decline, as the market has shrunk by an average of 3.4% each year since 2016. In the 2023 rankings, Latvia held the 16th position. Hungary surpassed Latvia by matching its revenue of €1.05 million. Germany, the United Kingdom, and France secured the second, third, and fourth spots, respectively, in the European body care market rankings.