| Product Code: ETC7904039 | 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 |
Latvia`s air furnace import shipments in 2024 were dominated by top exporting countries including Turkey, Ukraine, Italy, USA, and Poland. The market exhibited very high concentration levels, indicating a significant market share held by key players. However, the sector experienced a negative compound annual growth rate of -19.7% from 2020 to 2024, with a marginal decline in growth rate from 2023 to 2024. This data suggests a challenging environment for air furnace imports in Latvia, highlighting potential shifts in market dynamics and competition among exporters.

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 Air Furnaces Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Air Furnaces Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Air Furnaces Market - Industry Life Cycle |
3.4 Latvia Air Furnaces Market - Porter's Five Forces |
3.5 Latvia Air Furnaces Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Air Furnaces Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Latvia Air Furnaces Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient heating solutions in Latvia |
4.2.2 Rising disposable income leading to higher spending on home improvements |
4.2.3 Government incentives and regulations promoting the use of eco-friendly heating systems |
4.3 Market Restraints |
4.3.1 Seasonal fluctuations in demand for air furnaces due to weather variations in Latvia |
4.3.2 High initial cost of purchasing and installing air furnaces |
4.3.3 Competition from alternative heating solutions such as electric heaters or heat pumps |
5 Latvia Air Furnaces Market Trends |
6 Latvia Air Furnaces Market, By Types |
6.1 Latvia Air Furnaces Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Air Furnaces Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Air Furnaces Market Revenues & Volume, By Gas, 2021- 2031F |
6.1.4 Latvia Air Furnaces Market Revenues & Volume, By Oil, 2021- 2031F |
6.1.5 Latvia Air Furnaces Market Revenues & Volume, By Electric, 2021- 2031F |
6.2 Latvia Air Furnaces Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Latvia Air Furnaces Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 Latvia Air Furnaces Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.4 Latvia Air Furnaces Market Revenues & Volume, By Industrial, 2021- 2031F |
7 Latvia Air Furnaces Market Import-Export Trade Statistics |
7.1 Latvia Air Furnaces Market Export to Major Countries |
7.2 Latvia Air Furnaces Market Imports from Major Countries |
8 Latvia Air Furnaces Market Key Performance Indicators |
8.1 Energy efficiency rating of air furnaces in the market |
8.2 Average lifespan of air furnaces in Latvia |
8.3 Percentage of households opting for air furnaces as their primary heating solution |
8.4 Adoption rate of smart and connected air furnace systems |
8.5 Number of new housing constructions integrating air furnace systems |
9 Latvia Air Furnaces Market - Opportunity Assessment |
9.1 Latvia Air Furnaces Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Air Furnaces Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Latvia Air Furnaces Market - Competitive Landscape |
10.1 Latvia Air Furnaces Market Revenue Share, By Companies, 2024 |
10.2 Latvia Air Furnaces Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |