Latvia Automotive Brake Shims Market (2025-2031) | Value, Outlook, Forecast, Competitive Landscape, Size & Revenue, Industry, Growth, Share, Companies, Segmentation, Analysis, Trends
Market Forecast By Type (Rubber, Metal, Pressure Sensitive Adhesive (PSA) Material, Thermoset Material), By Application (Two Wheeler, Passenger Vehicle, Commercial Vehicle), By Sales Channel (OEM, Aftermarket) And Competitive Landscape
| Product Code: ETC7905124 | 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 Automotive Brake Shims Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Latvia saw a notable increase in automotive brake shims import shipments, with top exporting countries being Poland, Germany, Lithuania, Finland, and Italy. The market displayed moderate concentration with the HHI indicator. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a promising 14.96%, showcasing a robust market expansion. Furthermore, the growth rate from 2023 to 2024 reached 9.03%, indicating sustained momentum in the import of brake shims to Latvia from key European suppliers.
Key Highlights of the Report:
- Latvia Automotive Brake Shims Market Outlook
- Market Size of Latvia Automotive Brake Shims Market, 2024
- Forecast of Latvia Automotive Brake Shims Market, 2031
- Historical Data and Forecast of Latvia Automotive Brake Shims Revenues & Volume for the Period 2021- 2031
- Latvia Automotive Brake Shims Market Trend Evolution
- Latvia Automotive Brake Shims Market Drivers and Challenges
- Latvia Automotive Brake Shims Price Trends
- Latvia Automotive Brake Shims Porter's Five Forces
- Latvia Automotive Brake Shims Industry Life Cycle
- Historical Data and Forecast of Latvia Automotive Brake Shims Market Revenues & Volume By Type for the Period 2021- 2031
- Historical Data and Forecast of Latvia Automotive Brake Shims Market Revenues & Volume By Rubber for the Period 2021- 2031
- Historical Data and Forecast of Latvia Automotive Brake Shims Market Revenues & Volume By Metal for the Period 2021- 2031
- Historical Data and Forecast of Latvia Automotive Brake Shims Market Revenues & Volume By Pressure Sensitive Adhesive (PSA) Material for the Period 2021- 2031
- Historical Data and Forecast of Latvia Automotive Brake Shims Market Revenues & Volume By Thermoset Material for the Period 2021- 2031
- Historical Data and Forecast of Latvia Automotive Brake Shims Market Revenues & Volume By Application for the Period 2021- 2031
- Historical Data and Forecast of Latvia Automotive Brake Shims Market Revenues & Volume By Two Wheeler for the Period 2021- 2031
- Historical Data and Forecast of Latvia Automotive Brake Shims Market Revenues & Volume By Passenger Vehicle for the Period 2021- 2031
- Historical Data and Forecast of Latvia Automotive Brake Shims Market Revenues & Volume By Commercial Vehicle for the Period 2021- 2031
- Historical Data and Forecast of Latvia Automotive Brake Shims Market Revenues & Volume By Sales Channel for the Period 2021- 2031
- Historical Data and Forecast of Latvia Automotive Brake Shims Market Revenues & Volume By OEM for the Period 2021- 2031
- Historical Data and Forecast of Latvia Automotive Brake Shims Market Revenues & Volume By Aftermarket for the Period 2021- 2031
- Latvia Automotive Brake Shims Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By Sales Channel
- Latvia Automotive Brake Shims Top Companies Market Share
- Latvia Automotive Brake Shims Competitive Benchmarking By Technical and Operational Parameters
- Latvia Automotive Brake Shims Company Profiles
- Latvia Automotive Brake Shims Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Automotive Brake Shims 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 Automotive Brake Shims 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 Automotive Brake Shims Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Automotive Brake Shims Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Automotive Brake Shims Market - Industry Life Cycle |
3.4 Latvia Automotive Brake Shims Market - Porter's Five Forces |
3.5 Latvia Automotive Brake Shims Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Automotive Brake Shims Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Automotive Brake Shims Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Latvia Automotive Brake Shims Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for vehicle safety features |
4.2.2 Growth in the automotive industry in Latvia |
4.2.3 Technological advancements leading to improved brake shim materials and designs |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition among brake shim manufacturers |
4.3.3 Economic uncertainties affecting consumer spending on automotive maintenance |
5 Latvia Automotive Brake Shims Market Trends |
6 Latvia Automotive Brake Shims Market, By Types |
6.1 Latvia Automotive Brake Shims Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Automotive Brake Shims Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Automotive Brake Shims Market Revenues & Volume, By Rubber, 2021- 2031F |
6.1.4 Latvia Automotive Brake Shims Market Revenues & Volume, By Metal, 2021- 2031F |
6.1.5 Latvia Automotive Brake Shims Market Revenues & Volume, By Pressure Sensitive Adhesive (PSA) Material, 2021- 2031F |
6.1.6 Latvia Automotive Brake Shims Market Revenues & Volume, By Thermoset Material, 2021- 2031F |
6.2 Latvia Automotive Brake Shims Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Automotive Brake Shims Market Revenues & Volume, By Two Wheeler, 2021- 2031F |
6.2.3 Latvia Automotive Brake Shims Market Revenues & Volume, By Passenger Vehicle, 2021- 2031F |
6.2.4 Latvia Automotive Brake Shims Market Revenues & Volume, By Commercial Vehicle, 2021- 2031F |
6.3 Latvia Automotive Brake Shims Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Automotive Brake Shims Market Revenues & Volume, By OEM, 2021- 2031F |
6.3.3 Latvia Automotive Brake Shims Market Revenues & Volume, By Aftermarket, 2021- 2031F |
7 Latvia Automotive Brake Shims Market Import-Export Trade Statistics |
7.1 Latvia Automotive Brake Shims Market Export to Major Countries |
7.2 Latvia Automotive Brake Shims Market Imports from Major Countries |
8 Latvia Automotive Brake Shims Market Key Performance Indicators |
8.1 Adoption rate of advanced brake shim technologies |
8.2 Number of new entrants or competitors in the market |
8.3 Rate of innovation in brake shim materials and designs |
9 Latvia Automotive Brake Shims Market - Opportunity Assessment |
9.1 Latvia Automotive Brake Shims Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Automotive Brake Shims Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Automotive Brake Shims Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Latvia Automotive Brake Shims Market - Competitive Landscape |
10.1 Latvia Automotive Brake Shims Market Revenue Share, By Companies, 2024 |
10.2 Latvia Automotive Brake Shims Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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