| Product Code: ETC5885684 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia saw a steady flow of automotive airbags and seatbelts imports, with top exporters being Germany, Estonia, Czechia, Metropolitan France, and Poland. Despite the low concentration as measured by the HHI, the industry experienced a significant decline with a CAGR of -18.66% from 2020 to 2024. The growth rate in 2024 also remained negative at -17.76%, indicating challenges in the market. It will be important for stakeholders to closely monitor trends and adapt strategies to navigate the changing dynamics of the automotive safety equipment import market 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 Automotive Airbags & Seatbelts Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Automotive Airbags & Seatbelts Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Automotive Airbags & Seatbelts Market - Industry Life Cycle |
3.4 Latvia Automotive Airbags & Seatbelts Market - Porter's Five Forces |
3.5 Latvia Automotive Airbags & Seatbelts Market Revenues & Volume Share, By Airbag Type, 2021 & 2031F |
3.6 Latvia Automotive Airbags & Seatbelts Market Revenues & Volume Share, By Seatbelts, 2021 & 2031F |
3.7 Latvia Automotive Airbags & Seatbelts Market Revenues & Volume Share, By Vehicle, 2021 & 2031F |
4 Latvia Automotive Airbags & Seatbelts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about road safety and regulations |
4.2.2 Growing disposable income leading to higher vehicle ownership rates |
4.2.3 Technological advancements in automotive safety systems |
4.3 Market Restraints |
4.3.1 High cost associated with advanced airbag and seatbelt systems |
4.3.2 Lack of stringent enforcement of safety regulations in certain regions |
5 Latvia Automotive Airbags & Seatbelts Market Trends |
6 Latvia Automotive Airbags & Seatbelts Market Segmentations |
6.1 Latvia Automotive Airbags & Seatbelts Market, By Airbag Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Automotive Airbags & Seatbelts Market Revenues & Volume, By Front, 2021-2031F |
6.1.3 Latvia Automotive Airbags & Seatbelts Market Revenues & Volume, By Knee , 2021-2031F |
6.1.4 Latvia Automotive Airbags & Seatbelts Market Revenues & Volume, By Side & Curtain, 2021-2031F |
6.2 Latvia Automotive Airbags & Seatbelts Market, By Seatbelts |
6.2.1 Overview and Analysis |
6.2.2 Latvia Automotive Airbags & Seatbelts Market Revenues & Volume, By 2-point , 2021-2031F |
6.2.3 Latvia Automotive Airbags & Seatbelts Market Revenues & Volume, By 3-point, 2021-2031F |
6.3 Latvia Automotive Airbags & Seatbelts Market, By Vehicle |
6.3.1 Overview and Analysis |
6.3.2 Latvia Automotive Airbags & Seatbelts Market Revenues & Volume, By PC, 2021-2031F |
6.3.3 Latvia Automotive Airbags & Seatbelts Market Revenues & Volume, By LCV, 2021-2031F |
6.3.4 Latvia Automotive Airbags & Seatbelts Market Revenues & Volume, By Buses , 2021-2031F |
6.3.5 Latvia Automotive Airbags & Seatbelts Market Revenues & Volume, By Trucks, 2021-2031F |
7 Latvia Automotive Airbags & Seatbelts Market Import-Export Trade Statistics |
7.1 Latvia Automotive Airbags & Seatbelts Market Export to Major Countries |
7.2 Latvia Automotive Airbags & Seatbelts Market Imports from Major Countries |
8 Latvia Automotive Airbags & Seatbelts Market Key Performance Indicators |
8.1 Number of road accidents and fatalities |
8.2 Adoption rate of advanced safety features in new vehicles |
8.3 Percentage of vehicles equipped with airbags and seatbelts |
9 Latvia Automotive Airbags & Seatbelts Market - Opportunity Assessment |
9.1 Latvia Automotive Airbags & Seatbelts Market Opportunity Assessment, By Airbag Type, 2021 & 2031F |
9.2 Latvia Automotive Airbags & Seatbelts Market Opportunity Assessment, By Seatbelts, 2021 & 2031F |
9.3 Latvia Automotive Airbags & Seatbelts Market Opportunity Assessment, By Vehicle, 2021 & 2031F |
10 Latvia Automotive Airbags & Seatbelts Market - Competitive Landscape |
10.1 Latvia Automotive Airbags & Seatbelts Market Revenue Share, By Companies, 2024 |
10.2 Latvia Automotive Airbags & Seatbelts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |