Dermatologicals will see constant value sales stagnate in the upcoming years, with a slight decline towards the end of the forecast period. The category is saturated and faces the challenge of a declining population in Latvia, alongside the short-term threat of economic uncertainty.
Topical germicidals/antiseptics is expected to lose retail value share over the forecast period. The category benefited from the pandemic due to the higher levels of sanitation habits among consumers.
Hair loss treatment is expected to be one of the best performing categories in dermatologicals over the forecast period. Concerns regarding hair loss and appearance are wide spread among both genders in Latvia and the desire to overcome this issue will fuel demand for hair loss treatments.
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Understand the latest market trends and future growth opportunities for the Dermatologicals industry in Latvia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Dermatologicals industry in Latvia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Dermatologicals
Includes topical standard and herbal/traditional medicated products used to alleviate symptoms or treat skin or hair ailments. Exclude any systemic (oral) options to treat skin conditions or diseases.
See All of Our DefinitionsThis report originates from Passport, our Dermatologicals research and analysis database.
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