| Product Code: ETC7903662 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continued to see a high level of concentration in its action figures import market, with top exporting countries being Estonia, Lithuania, Poland, Netherlands, and China. Despite a minimal compound annual growth rate (CAGR) of 0.02% from 2020 to 2024, there was a decline in growth rate from 2023 to 2024 by -7.7%. This indicates a potential slowdown in the market, requiring a closer look at consumer preferences and market dynamics to identify opportunities for revitalizing the import shipments of action figures 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 Action Figures Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Action Figures Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Action Figures Market - Industry Life Cycle |
3.4 Latvia Action Figures Market - Porter's Five Forces |
3.5 Latvia Action Figures Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Action Figures Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Latvia Action Figures Market Revenues & Volume Share, By End Users, 2021 & 2031F |
4 Latvia Action Figures Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing popularity of action figures among children and collectors in Latvia |
4.2.2 Growing influence of popular movies, TV shows, and video games on consumer demand for action figures |
4.2.3 Rising disposable income levels leading to higher spending on toys and collectibles |
4.3 Market Restraints |
4.3.1 Competition from other toy categories such as electronic gadgets and video games |
4.3.2 Fluctuations in raw material prices impacting production costs and retail prices |
4.3.3 Limited marketing and distribution channels for action figures in Latvia |
5 Latvia Action Figures Market Trends |
6 Latvia Action Figures Market, By Types |
6.1 Latvia Action Figures Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Action Figures Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Action Figures Market Revenues & Volume, By Superheroes, 2021- 2031F |
6.1.4 Latvia Action Figures Market Revenues & Volume, By Anime Characters, 2021- 2031F |
6.1.5 Latvia Action Figures Market Revenues & Volume, By Movie Characters, 2021- 2031F |
6.2 Latvia Action Figures Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Action Figures Market Revenues & Volume, By Online, 2021- 2031F |
6.2.3 Latvia Action Figures Market Revenues & Volume, By Offline, 2021- 2031F |
6.3 Latvia Action Figures Market, By End Users |
6.3.1 Overview and Analysis |
6.3.2 Latvia Action Figures Market Revenues & Volume, By Up to 8 years, 2021- 2031F |
6.3.3 Latvia Action Figures Market Revenues & Volume, By 9-15 years, 2021- 2031F |
6.3.4 Latvia Action Figures Market Revenues & Volume, By 15 years and Above, 2021- 2031F |
7 Latvia Action Figures Market Import-Export Trade Statistics |
7.1 Latvia Action Figures Market Export to Major Countries |
7.2 Latvia Action Figures Market Imports from Major Countries |
8 Latvia Action Figures Market Key Performance Indicators |
8.1 Online engagement metrics such as website traffic, social media followers, and online reviews for leading action figure brands in Latvia |
8.2 Consumer sentiment analysis through surveys, focus groups, and reviews to gauge satisfaction levels and preferences |
8.3 Retail space allocation and shelf placement in stores to track visibility and availability of action figures in key retail outlets |
9 Latvia Action Figures Market - Opportunity Assessment |
9.1 Latvia Action Figures Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Action Figures Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Latvia Action Figures Market Opportunity Assessment, By End Users, 2021 & 2031F |
10 Latvia Action Figures Market - Competitive Landscape |
10.1 Latvia Action Figures Market Revenue Share, By Companies, 2024 |
10.2 Latvia Action Figures Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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