| Product Code: ETC11368693 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Latvia`s aviation life raft import market continued to be dominated by a few key players in 2024, with the top exporting countries being the UK, USA, Italy, Poland, and China. Despite a noticeable decline in the market size with a negative CAGR of -26.44% from 2020 to 2024, the concentration level, as measured by the Herfindahl-Hirschman Index (HHI), remained very high. The industry saw a significant drop in growth rate at -73.63% from 2023 to 2024, indicating a challenging year for aviation life raft imports 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 Aviation Life Rafts Market Overview | 
| 3.1 Latvia Country Macro Economic Indicators | 
| 3.2 Latvia Aviation Life Rafts Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Latvia Aviation Life Rafts Market - Industry Life Cycle | 
| 3.4 Latvia Aviation Life Rafts Market - Porter's Five Forces | 
| 3.5 Latvia Aviation Life Rafts Market Revenues & Volume Share, By Type, 2021 & 2031F | 
| 3.6 Latvia Aviation Life Rafts Market Revenues & Volume Share, By Application, 2021 & 2031F | 
| 3.7 Latvia Aviation Life Rafts Market Revenues & Volume Share, By Capacity, 2021 & 2031F | 
| 3.8 Latvia Aviation Life Rafts Market Revenues & Volume Share, By Material, 2021 & 2031F | 
| 3.9 Latvia Aviation Life Rafts Market Revenues & Volume Share, By Type of Release, 2021 & 2031F | 
| 4 Latvia Aviation Life Rafts Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Stringent safety regulations and standards in the aviation industry | 
| 4.2.2 Growth in air travel and tourism industry in Latvia | 
| 4.2.3 Increasing focus on passenger safety and emergency preparedness in aviation | 
| 4.3 Market Restraints | 
| 4.3.1 High initial investment and maintenance costs associated with aviation life rafts | 
| 4.3.2 Limited technological advancements in life raft materials and design | 
| 4.3.3 Seasonal demand fluctuations in the aviation industry | 
| 5 Latvia Aviation Life Rafts Market Trends | 
| 6 Latvia Aviation Life Rafts Market, By Types | 
| 6.1 Latvia Aviation Life Rafts Market, By Type | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Latvia Aviation Life Rafts Market Revenues & Volume, By Type, 2021 - 2031F | 
| 6.1.3 Latvia Aviation Life Rafts Market Revenues & Volume, By Fixed Wing, 2021 - 2031F | 
| 6.1.4 Latvia Aviation Life Rafts Market Revenues & Volume, By Rotary Wing, 2021 - 2031F | 
| 6.1.5 Latvia Aviation Life Rafts Market Revenues & Volume, By Unmanned Aerial Vehicles, 2021 - 2031F | 
| 6.2 Latvia Aviation Life Rafts Market, By Application | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Latvia Aviation Life Rafts Market Revenues & Volume, By Commercial Airlines, 2021 - 2031F | 
| 6.2.3 Latvia Aviation Life Rafts Market Revenues & Volume, By Military and Defense, 2021 - 2031F | 
| 6.2.4 Latvia Aviation Life Rafts Market Revenues & Volume, By Search and Rescue, 2021 - 2031F | 
| 6.2.5 Latvia Aviation Life Rafts Market Revenues & Volume, By Private Aviation, 2021 - 2031F | 
| 6.3 Latvia Aviation Life Rafts Market, By Capacity | 
| 6.3.1 Overview and Analysis | 
| 6.3.2 Latvia Aviation Life Rafts Market Revenues & Volume, By Below 25, 2021 - 2031F | 
| 6.3.3 Latvia Aviation Life Rafts Market Revenues & Volume, By 25-50, 2021 - 2031F | 
| 6.3.4 Latvia Aviation Life Rafts Market Revenues & Volume, By Above 50, 2021 - 2031F | 
| 6.4 Latvia Aviation Life Rafts Market, By Material | 
| 6.4.1 Overview and Analysis | 
| 6.4.2 Latvia Aviation Life Rafts Market Revenues & Volume, By Rubber, 2021 - 2031F | 
| 6.4.3 Latvia Aviation Life Rafts Market Revenues & Volume, By Polyurethane, 2021 - 2031F | 
| 6.4.4 Latvia Aviation Life Rafts Market Revenues & Volume, By PVC, 2021 - 2031F | 
| 6.5 Latvia Aviation Life Rafts Market, By Type of Release | 
| 6.5.1 Overview and Analysis | 
| 6.5.2 Latvia Aviation Life Rafts Market Revenues & Volume, By Automatic, 2021 - 2031F | 
| 6.5.3 Latvia Aviation Life Rafts Market Revenues & Volume, By Manual, 2021 - 2031F | 
| 6.5.4 Latvia Aviation Life Rafts Market Revenues & Volume, By Semi-Automatic, 2021 - 2031F | 
| 7 Latvia Aviation Life Rafts Market Import-Export Trade Statistics | 
| 7.1 Latvia Aviation Life Rafts Market Export to Major Countries | 
| 7.2 Latvia Aviation Life Rafts Market Imports from Major Countries | 
| 8 Latvia Aviation Life Rafts Market Key Performance Indicators | 
| 8.1 Percentage of airlines in Latvia compliant with aviation safety regulations | 
| 8.2 Number of new airline partnerships or contracts for aviation life rafts | 
| 8.3 Frequency of safety drills and training sessions conducted by airlines for crew members | 
| 8.4 Percentage of aviation incidents where life rafts were successfully deployed | 
| 8.5 Rate of adoption of advanced safety features in aviation life rafts | 
| 9 Latvia Aviation Life Rafts Market - Opportunity Assessment | 
| 9.1 Latvia Aviation Life Rafts Market Opportunity Assessment, By Type, 2021 & 2031F | 
| 9.2 Latvia Aviation Life Rafts Market Opportunity Assessment, By Application, 2021 & 2031F | 
| 9.3 Latvia Aviation Life Rafts Market Opportunity Assessment, By Capacity, 2021 & 2031F | 
| 9.4 Latvia Aviation Life Rafts Market Opportunity Assessment, By Material, 2021 & 2031F | 
| 9.5 Latvia Aviation Life Rafts Market Opportunity Assessment, By Type of Release, 2021 & 2031F | 
| 10 Latvia Aviation Life Rafts Market - Competitive Landscape | 
| 10.1 Latvia Aviation Life Rafts Market Revenue Share, By Companies, 2024 | 
| 10.2 Latvia Aviation Life Rafts Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 
| 13 Disclaimer |