| Product Code: ETC5747630 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s import shipments of flexible insulation in 2024 were dominated by Lithuania, Poland, Ukraine, Czechia, and the UK. The market continued to experience high concentration, with the Herfindahl-Hirschman Index (HHI) remaining at elevated levels. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 1.6%, showing steady expansion. Additionally, the growth rate from 2023 to 2024 was recorded at 1.34%, indicating a positive trend in demand for flexible insulation in Latvia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latvia Flexible Insulation Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Flexible Insulation Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Flexible Insulation Market - Industry Life Cycle |
3.4 Latvia Flexible Insulation Market - Porter's Five Forces |
3.5 Latvia Flexible Insulation Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Latvia Flexible Insulation Market Revenues & Volume Share, By Insulation Type, 2021 & 2031F |
4 Latvia Flexible Insulation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing focus on energy efficiency and sustainability in construction projects |
4.2.2 Increasing demand for flexible insulation materials in residential and commercial buildings |
4.2.3 Government initiatives promoting the use of energy-efficient building materials |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Lack of awareness among consumers regarding the benefits of flexible insulation |
4.3.3 Competition from alternative insulation materials such as rigid foam boards |
5 Latvia Flexible Insulation Market Trends |
6 Latvia Flexible Insulation Market Segmentations |
6.1 Latvia Flexible Insulation Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Latvia Flexible Insulation Market Revenues & Volume, By Fiberglass, 2021-2031F |
6.1.3 Latvia Flexible Insulation Market Revenues & Volume, By Elastomer, 2021-2031F |
6.1.4 Latvia Flexible Insulation Market Revenues & Volume, By Aerogel, 2021-2031F |
6.1.5 Latvia Flexible Insulation Market Revenues & Volume, By Cross Linked Polyethylene, 2021-2031F |
6.2 Latvia Flexible Insulation Market, By Insulation Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Flexible Insulation Market Revenues & Volume, By Thermal, 2021-2031F |
6.2.3 Latvia Flexible Insulation Market Revenues & Volume, By Acoustic, 2021-2031F |
6.2.4 Latvia Flexible Insulation Market Revenues & Volume, By Electrical, 2021-2031F |
7 Latvia Flexible Insulation Market Import-Export Trade Statistics |
7.1 Latvia Flexible Insulation Market Export to Major Countries |
7.2 Latvia Flexible Insulation Market Imports from Major Countries |
8 Latvia Flexible Insulation Market Key Performance Indicators |
8.1 Energy savings achieved through the use of flexible insulation materials |
8.2 Number of green building certifications obtained by projects using flexible insulation |
8.3 Adoption rate of flexible insulation in new construction projects |
8.4 Average thermal resistance (R-value) improvement in buildings using flexible insulation |
9 Latvia Flexible Insulation Market - Opportunity Assessment |
9.1 Latvia Flexible Insulation Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Latvia Flexible Insulation Market Opportunity Assessment, By Insulation Type, 2021 & 2031F |
10 Latvia Flexible Insulation Market - Competitive Landscape |
10.1 Latvia Flexible Insulation Market Revenue Share, By Companies, 2024 |
10.2 Latvia Flexible Insulation Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |