| Product Code: ETC5405573 | 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 continued to see a high concentration of baby prams and strollers imports from neighboring countries such as Estonia, Lithuania, and Poland, as well as from the Netherlands and Denmark. The consistent high Herfindahl-Hirschman Index (HHI) indicates a market dominated by these key exporters. With a impressive compound annual growth rate (CAGR) of 11.09% from 2020 to 2024, and a growth rate of 5.1% from 2023 to 2024, the baby prams and strollers market in Latvia is showing steady expansion and strong demand for imported products.

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 Baby Prams and Strollers Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Baby Prams and Strollers Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Baby Prams and Strollers Market - Industry Life Cycle |
3.4 Latvia Baby Prams and Strollers Market - Porter's Five Forces |
3.5 Latvia Baby Prams and Strollers Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Baby Prams and Strollers Market Revenues & Volume Share, By Age, 2021 & 2031F |
3.7 Latvia Baby Prams and Strollers Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Latvia Baby Prams and Strollers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income among parents in Latvia |
4.2.2 Rising awareness about child safety and comfort |
4.2.3 Growing trend of outdoor activities and travel with infants |
4.3 Market Restraints |
4.3.1 Competition from international brands |
4.3.2 High import duties and taxes on baby products |
4.3.3 Economic uncertainty impacting consumer spending |
5 Latvia Baby Prams and Strollers Market Trends |
6 Latvia Baby Prams and Strollers Market Segmentations |
6.1 Latvia Baby Prams and Strollers Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Baby Prams and Strollers Market Revenues & Volume, By Lightweight Strollers, 2021-2031F |
6.1.3 Latvia Baby Prams and Strollers Market Revenues & Volume, By Jogging Strollers, 2021-2031F |
6.1.4 Latvia Baby Prams and Strollers Market Revenues & Volume, By Standard Strollers, 2021-2031F |
6.1.5 Latvia Baby Prams and Strollers Market Revenues & Volume, By Double / Triple Strollers, 2021-2031F |
6.1.6 Latvia Baby Prams and Strollers Market Revenues & Volume, By Multi-Optional System Strollers, 2021-2031F |
6.2 Latvia Baby Prams and Strollers Market, By Age |
6.2.1 Overview and Analysis |
6.2.2 Latvia Baby Prams and Strollers Market Revenues & Volume, By 0 - 6 months, 2021-2031F |
6.2.3 Latvia Baby Prams and Strollers Market Revenues & Volume, By 6 - 12 months, 2021-2031F |
6.2.4 Latvia Baby Prams and Strollers Market Revenues & Volume, By 12 - 36 months, 2021-2031F |
6.3 Latvia Baby Prams and Strollers Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Baby Prams and Strollers Market Revenues & Volume, By BaBoutiques, 2021-2031F |
6.3.3 Latvia Baby Prams and Strollers Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.3.4 Latvia Baby Prams and Strollers Market Revenues & Volume, By Modern Trade, 2021-2031F |
6.3.5 Latvia Baby Prams and Strollers Market Revenues & Volume, By Departmental Stores, 2021-2031F |
6.3.6 Latvia Baby Prams and Strollers Market Revenues & Volume, By Mono-brand Stores, 2021-2031F |
6.3.7 Latvia Baby Prams and Strollers Market Revenues & Volume, By Online retailers, 2021-2031F |
7 Latvia Baby Prams and Strollers Market Import-Export Trade Statistics |
7.1 Latvia Baby Prams and Strollers Market Export to Major Countries |
7.2 Latvia Baby Prams and Strollers Market Imports from Major Countries |
8 Latvia Baby Prams and Strollers Market Key Performance Indicators |
8.1 Average selling price of baby prams and strollers |
8.2 Number of new product launches in the market |
8.3 Consumer sentiment towards baby products |
8.4 Percentage of parents using online platforms for purchasing baby prams and strollers |
8.5 Rate of adoption of innovative features in prams and strollers |
9 Latvia Baby Prams and Strollers Market - Opportunity Assessment |
9.1 Latvia Baby Prams and Strollers Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Baby Prams and Strollers Market Opportunity Assessment, By Age, 2021 & 2031F |
9.3 Latvia Baby Prams and Strollers Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Latvia Baby Prams and Strollers Market - Competitive Landscape |
10.1 Latvia Baby Prams and Strollers Market Revenue Share, By Companies, 2024 |
10.2 Latvia Baby Prams and Strollers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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