Latvia Residential Boiler Market (2025-2031) | Revenue, Industry, Share, Forecast, Segmentation, Companies, Outlook, Analysis, Growth, Trends, Size & Value
Market Forecast By Type (Water Tube Boiler, Fire Tube Boiler, Electric Boiler), By Fuel Type (Coal Fired, Oil Fired, Gas Fired, Others), By Technology (Condensing, Non-condensing) And Competitive Landscape
| Product Code: ETC4925310 | 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 | |
Latvia Residential Boiler Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Latvia saw consistent import shipments of residential boilers, with top exporters being Austria, Turkey, Czechia, Lithuania, and Croatia. The market remained competitive, reflected by the low Herfindahl-Hirschman Index (HHI) concentration. However, the industry experienced a slight decline with a negative Compound Annual Growth Rate (CAGR) of -1.86% from 2020 to 2024. Furthermore, the growth rate in 2024 dropped significantly by -14.1% compared to the previous year. These trends suggest a challenging market landscape for residential boiler imports into Latvia.
Key Highlights of the Report:
- Latvia Residential Boiler Market Outlook
- Market Size of Latvia Residential Boiler Market, 2024
- Forecast of Latvia Residential Boiler Market, 2031
- Historical Data and Forecast of Latvia Residential Boiler Revenues & Volume for the Period 2021-2031
- Latvia Residential Boiler Market Trend Evolution
- Latvia Residential Boiler Market Drivers and Challenges
- Latvia Residential Boiler Price Trends
- Latvia Residential Boiler Porter`s Five Forces
- Latvia Residential Boiler Industry Life Cycle
- Historical Data and Forecast of Latvia Residential Boiler Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Latvia Residential Boiler Market Revenues & Volume By Water Tube Boiler for the Period 2021-2031
- Historical Data and Forecast of Latvia Residential Boiler Market Revenues & Volume By Fire Tube Boiler for the Period 2021-2031
- Historical Data and Forecast of Latvia Residential Boiler Market Revenues & Volume By Electric Boiler for the Period 2021-2031
- Historical Data and Forecast of Latvia Residential Boiler Market Revenues & Volume By Fuel Type for the Period 2021-2031
- Historical Data and Forecast of Latvia Residential Boiler Market Revenues & Volume By Coal Fired for the Period 2021-2031
- Historical Data and Forecast of Latvia Residential Boiler Market Revenues & Volume By Oil Fired for the Period 2021-2031
- Historical Data and Forecast of Latvia Residential Boiler Market Revenues & Volume By Gas Fired for the Period 2021-2031
- Historical Data and Forecast of Latvia Residential Boiler Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Latvia Residential Boiler Market Revenues & Volume By Technology for the Period 2021-2031
- Historical Data and Forecast of Latvia Residential Boiler Market Revenues & Volume By Condensing for the Period 2021-2031
- Historical Data and Forecast of Latvia Residential Boiler Market Revenues & Volume By Non-condensing for the Period 2021-2031
- Latvia Residential Boiler Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Fuel Type
- Market Opportunity Assessment By Technology
- Latvia Residential Boiler Top Companies Market Share
- Latvia Residential Boiler Competitive Benchmarking By Technical and Operational Parameters
- Latvia Residential Boiler Company Profiles
- Latvia Residential Boiler Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Residential Boiler Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Residential Boiler Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Residential Boiler Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Residential Boiler Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Residential Boiler Market - Industry Life Cycle |
3.4 Latvia Residential Boiler Market - Porter's Five Forces |
3.5 Latvia Residential Boiler Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Residential Boiler Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.7 Latvia Residential Boiler Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Latvia Residential Boiler Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government initiatives promoting energy efficiency in residential buildings |
4.2.2 Increasing demand for modern and efficient heating solutions in residential sector |
4.2.3 Growing investments in infrastructure development in Latvia |
4.3 Market Restraints |
4.3.1 High initial cost of residential boilers |
4.3.2 Fluctuating raw material prices impacting manufacturing costs |
4.3.3 Lack of awareness about the benefits of using residential boilers |
5 Latvia Residential Boiler Market Trends |
6 Latvia Residential Boiler Market Segmentations |
6.1 Latvia Residential Boiler Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Residential Boiler Market Revenues & Volume, By Water Tube Boiler, 2021-2031F |
6.1.3 Latvia Residential Boiler Market Revenues & Volume, By Fire Tube Boiler, 2021-2031F |
6.1.4 Latvia Residential Boiler Market Revenues & Volume, By Electric Boiler, 2021-2031F |
6.2 Latvia Residential Boiler Market, By Fuel Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Residential Boiler Market Revenues & Volume, By Coal Fired, 2021-2031F |
6.2.3 Latvia Residential Boiler Market Revenues & Volume, By Oil Fired, 2021-2031F |
6.2.4 Latvia Residential Boiler Market Revenues & Volume, By Gas Fired, 2021-2031F |
6.2.5 Latvia Residential Boiler Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Residential Boiler Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Latvia Residential Boiler Market Revenues & Volume, By Condensing, 2021-2031F |
6.3.3 Latvia Residential Boiler Market Revenues & Volume, By Non-condensing, 2021-2031F |
7 Latvia Residential Boiler Market Import-Export Trade Statistics |
7.1 Latvia Residential Boiler Market Export to Major Countries |
7.2 Latvia Residential Boiler Market Imports from Major Countries |
8 Latvia Residential Boiler Market Key Performance Indicators |
8.1 Energy efficiency rating of residential boilers in the market |
8.2 Number of new residential construction projects utilizing boilers |
8.3 Adoption rate of smart and connected residential boiler systems |
9 Latvia Residential Boiler Market - Opportunity Assessment |
9.1 Latvia Residential Boiler Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Residential Boiler Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.3 Latvia Residential Boiler Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Latvia Residential Boiler Market - Competitive Landscape |
10.1 Latvia Residential Boiler Market Revenue Share, By Companies, 2024 |
10.2 Latvia Residential Boiler Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Pricing
- Single User License$ 1,995
- Department License$ 2,400
- Site License$ 3,120
- Global License$ 3,795
Search
Related Reports
- ASEAN and Thailand Brain Health Supplements Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
- ASEAN Bearings Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
- Europe Flooring Market (2025-2031) | Outlook, Share, Industry, Trends, Forecast, Companies, Revenue, Size, Analysis, Growth & Value
- Saudi Arabia Manlift Market (2025-2031) | Outlook, Size, Growth, Trends, Companies, Industry, Revenue, Value, Share, Forecast & Analysis
- Uganda Excavator, Crane, and Wheel Loaders Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
- Rwanda Excavator, Crane, and Wheel Loaders Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
- Kenya Excavator, Crane, and Wheel Loaders Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
- Angola Excavator, Crane, and Wheel Loaders Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
- Israel Intelligent Transport System Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
- Uganda Precast and Aggregate Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
Industry Events and Analyst Meet
Smart Home Expo 2026
Industrial Facilities Management Expo 2025
4th Edition India Energy Conclave 2025
Media Expo 2025
Gas India Expo 2025
Our Clients
Whitepaper
- Middle East & Africa Commercial Security Market Click here to view more.
- Middle East & Africa Fire Safety Systems & Equipment Market Click here to view more.
- GCC Drone Market Click here to view more.
- Middle East Lighting Fixture Market Click here to view more.
- GCC Physical & Perimeter Security Market Click here to view more.
6WResearch In News
- Doha a strategic location for EV manufacturing hub: IPA Qatar
- Demand for luxury TVs surging in the GCC, says Samsung
- Empowering Growth: The Thriving Journey of Bangladesh’s Cable Industry
- Demand for luxury TVs surging in the GCC, says Samsung
- Video call with a traditional healer? Once unthinkable, it’s now common in South Africa
- Intelligent Buildings To Smooth GCC’s Path To Net Zero
