| Product Code: ETC11391541 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The Latvia antifouling yacht coatings import market in 2024 continues to be dominated by key exporters such as Italy, Lithuania, Germany, Poland, and Bulgaria. Despite a high concentration level indicated by the Herfindahl-Hirschman Index (HHI), the market experienced a significant decline with a Compound Annual Growth Rate (CAGR) of -20.48% from 2020 to 2024. The growth rate plummeted even further in 2024 with a staggering -89.79% decrease from the previous year. This indicates a challenging landscape for importers and suggests a shift in market dynamics that may require strategic adaptations.

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 Antifouling Yacht Coatings Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Antifouling Yacht Coatings Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Antifouling Yacht Coatings Market - Industry Life Cycle |
3.4 Latvia Antifouling Yacht Coatings Market - Porter's Five Forces |
3.5 Latvia Antifouling Yacht Coatings Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Antifouling Yacht Coatings Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Antifouling Yacht Coatings Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Antifouling Yacht Coatings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for leisure activities such as yachting and boating in Latvia |
4.2.2 Increasing awareness about the importance of antifouling coatings in preserving yacht performance and longevity |
4.3 Market Restraints |
4.3.1 Environmental concerns related to the use of certain chemicals in antifouling coatings |
4.3.2 Regulatory restrictions on the composition of antifouling coatings to protect marine ecosystems |
5 Latvia Antifouling Yacht Coatings Market Trends |
6 Latvia Antifouling Yacht Coatings Market, By Types |
6.1 Latvia Antifouling Yacht Coatings Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Antifouling Yacht Coatings Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Antifouling Yacht Coatings Market Revenues & Volume, By Hard, 2021 - 2031F |
6.1.4 Latvia Antifouling Yacht Coatings Market Revenues & Volume, By Ablative, 2021 - 2031F |
6.1.5 Latvia Antifouling Yacht Coatings Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.2 Latvia Antifouling Yacht Coatings Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Antifouling Yacht Coatings Market Revenues & Volume, By Sailboats, 2021 - 2031F |
6.2.3 Latvia Antifouling Yacht Coatings Market Revenues & Volume, By Motor Yachts, 2021 - 2031F |
6.2.4 Latvia Antifouling Yacht Coatings Market Revenues & Volume, By Racing Boats, 2021 - 2031F |
6.3 Latvia Antifouling Yacht Coatings Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Antifouling Yacht Coatings Market Revenues & Volume, By Retail, 2021 - 2031F |
6.3.3 Latvia Antifouling Yacht Coatings Market Revenues & Volume, By Online, 2021 - 2031F |
6.3.4 Latvia Antifouling Yacht Coatings Market Revenues & Volume, By Shipyards, 2021 - 2031F |
7 Latvia Antifouling Yacht Coatings Market Import-Export Trade Statistics |
7.1 Latvia Antifouling Yacht Coatings Market Export to Major Countries |
7.2 Latvia Antifouling Yacht Coatings Market Imports from Major Countries |
8 Latvia Antifouling Yacht Coatings Market Key Performance Indicators |
8.1 Average lifespan of antifouling coatings on yachts in Latvia |
8.2 Number of new yacht registrations in Latvia |
8.3 Adoption rate of eco-friendly antifouling coatings in the market |
9 Latvia Antifouling Yacht Coatings Market - Opportunity Assessment |
9.1 Latvia Antifouling Yacht Coatings Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Antifouling Yacht Coatings Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Antifouling Yacht Coatings Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Antifouling Yacht Coatings Market - Competitive Landscape |
10.1 Latvia Antifouling Yacht Coatings Market Revenue Share, By Companies, 2024 |
10.2 Latvia Antifouling Yacht Coatings Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |