The Latvian market for shaving preparations, deodorants, antiperspirants, and bath preparations stood at €15.796 million in 2023, reflecting a slight decline. From 2013 to 2023, the market has experienced fluctuations with a peak in 2017. Over the last two years, there has been a year-on-year decline of around 1%, and a negative CAGR of 1.84% over the last five years. This indicates a persistent downward trend.
Future trends to watch for:
- Potential growth in sustainable and eco-friendly products.
- Increasing consumer preference for organic and natural ingredients.
- Rising e-commerce sales and personalized care solutions.
How does Latvia rank in Shaving Preparations, Deodorants, Antiperspirants and Bath Preparations Market Size Value?
| # | 17 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,434,400,000 | 2023 | -3.19% | -1.14% | View data |
| 2 | 2 Germany | 831,610,000 | 2023 | +1.94% | -1.26% | View data |
| 3 | 3 France | 773,590,000 | 2023 | -0.018% | +0.29% | View data |
| 4 | 4 United Kingdom | 707,180,000 | 2023 | -3.74% | -3.39% | View data |
| 5 | 5 Romania | 225,150,000 | 2023 | +4.46% | +5.64% | View data |
| 15 | 15 Lithuania | 38,391,000 | 2023 | +5.42% | +6.21% | View data |
| 16 | 16 Estonia | 18,706,000 | 2023 | +0.6% | +0.07% | View data |
| 17 | 17 Latvia | 15,796,000 | 2023 | -1.03% | -1.84% | |
