| Product Code: ETC5679800 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The recreational vehicle import market in Latvia experienced significant growth in 2024, with a high Herfindahl-Hirschman Index indicating a concentrated market. Top exporting countries such as Estonia, Germany, and the Netherlands, along with others, contributed to the impressive Compound Annual Growth Rate of 66.84% from 2020 to 2024. The remarkable growth rate of 96.0% from 2023 to 2024 showcases the increasing demand for recreational vehicles in Latvia, reflecting a positive outlook for the industry.
The Recreational Vehicle market in Latvia is projected to grow at a stable growth rate of 0.56% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.

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 Recreational Vehicle Market Overview  | 
3.1 Latvia Country Macro Economic Indicators  | 
3.2 Latvia Recreational Vehicle Market Revenues & Volume, 2021 & 2031F  | 
3.3 Latvia Recreational Vehicle Market - Industry Life Cycle  | 
3.4 Latvia Recreational Vehicle Market - Porter's Five Forces  | 
3.5 Latvia Recreational Vehicle Market Revenues & Volume Share, By Product Type, 2021 & 2031F  | 
3.6 Latvia Recreational Vehicle Market Revenues & Volume Share, By Applications, 2021 & 2031F  | 
4 Latvia Recreational Vehicle Market Dynamics  | 
4.1 Impact Analysis  | 
4.2 Market Drivers  | 
4.2.1 Increasing popularity of outdoor recreational activities  | 
4.2.2 Rising disposable income of consumers  | 
4.2.3 Growth in tourism industry in Latvia  | 
4.3 Market Restraints  | 
4.3.1 High initial cost of recreational vehicles  | 
4.3.2 Limited infrastructure for RV travel in Latvia  | 
5 Latvia Recreational Vehicle Market Trends  | 
6 Latvia Recreational Vehicle Market Segmentations  | 
6.1 Latvia Recreational Vehicle Market, By Product Type  | 
6.1.1 Overview and Analysis  | 
6.1.2 Latvia Recreational Vehicle Market Revenues & Volume, By Fifth Wheel Campers, 2021-2031F  | 
6.1.3 Latvia Recreational Vehicle Market Revenues & Volume, By Folding Camper, 2021-2031F  | 
6.1.4 Latvia Recreational Vehicle Market Revenues & Volume, By Truck Campers, 2021-2031F  | 
6.1.5 Latvia Recreational Vehicle Market Revenues & Volume, By Travel Trailers, 2021-2031F  | 
6.1.6 Latvia Recreational Vehicle Market Revenues & Volume, By Class A Motorhomes, 2021-2031F  | 
6.1.7 Latvia Recreational Vehicle Market Revenues & Volume, By Class B Motorhomes, 2021-2031F  | 
6.2 Latvia Recreational Vehicle Market, By Applications  | 
6.2.1 Overview and Analysis  | 
6.2.2 Latvia Recreational Vehicle Market Revenues & Volume, By Leisure, 2021-2031F  | 
6.2.3 Latvia Recreational Vehicle Market Revenues & Volume, By Business, 2021-2031F  | 
7 Latvia Recreational Vehicle Market Import-Export Trade Statistics  | 
7.1 Latvia Recreational Vehicle Market Export to Major Countries  | 
7.2 Latvia Recreational Vehicle Market Imports from Major Countries  | 
8 Latvia Recreational Vehicle Market Key Performance Indicators  | 
8.1 Number of RV rental companies in Latvia  | 
8.2 Average length of stay at RV parks/campsites in Latvia  | 
8.3 Frequency of outdoor recreational events in Latvia  | 
9 Latvia Recreational Vehicle Market - Opportunity Assessment  | 
9.1 Latvia Recreational Vehicle Market Opportunity Assessment, By Product Type, 2021 & 2031F  | 
9.2 Latvia Recreational Vehicle Market Opportunity Assessment, By Applications, 2021 & 2031F  | 
10 Latvia Recreational Vehicle Market - Competitive Landscape  | 
10.1 Latvia Recreational Vehicle Market Revenue Share, By Companies, 2024  | 
10.2 Latvia Recreational Vehicle Market Competitive Benchmarking, By Operating and Technical Parameters  | 
11 Company Profiles  | 
12 Recommendations  | 13 Disclaimer  |