| Product Code: ETC7905700 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, baby toy import shipments to Latvia continued to be primarily sourced from Ukraine, Estonia, China, Lithuania, and Poland. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period 2020-2024 remained positive at 1.33%. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained at a moderate level, indicating a competitive market landscape. Overall, the import market for baby toys in Latvia appears stable with a diverse range of suppliers contributing to its growth.

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 Toys Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Baby Toys Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Baby Toys Market - Industry Life Cycle |
3.4 Latvia Baby Toys Market - Porter's Five Forces |
3.5 Latvia Baby Toys Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Baby Toys Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Baby Toys Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of parents in Latvia |
4.2.2 Growing awareness about the importance of early childhood development |
4.2.3 Technological advancements leading to innovative and interactive baby toys |
4.3 Market Restraints |
4.3.1 Stringent safety regulations impacting toy manufacturing and imports |
4.3.2 Competition from substitute products such as digital devices |
4.3.3 Economic fluctuations affecting consumer spending on non-essential items |
5 Latvia Baby Toys Market Trends |
6 Latvia Baby Toys Market, By Types |
6.1 Latvia Baby Toys Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Baby Toys Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Baby Toys Market Revenues & Volume, By Board Games, 2021- 2031F |
6.1.4 Latvia Baby Toys Market Revenues & Volume, By Soft Toys & Dolls, 2021- 2031F |
6.1.5 Latvia Baby Toys Market Revenues & Volume, By Action Toys, 2021- 2031F |
6.1.6 Latvia Baby Toys Market Revenues & Volume, By Arts & Craft Toys, 2021- 2031F |
6.1.7 Latvia Baby Toys Market Revenues & Volume, By Construction Toys, 2021- 2031F |
6.1.8 Latvia Baby Toys Market Revenues & Volume, By Vehicles, 2021- 2031F |
6.1.9 Latvia Baby Toys Market Revenues & Volume, By Other, 2021- 2031F |
6.1.10 Latvia Baby Toys Market Revenues & Volume, By Other, 2021- 2031F |
6.2 Latvia Baby Toys Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Latvia Baby Toys Market Revenues & Volume, By Infants, 2021- 2031F |
6.2.3 Latvia Baby Toys Market Revenues & Volume, By Toddlers, 2021- 2031F |
7 Latvia Baby Toys Market Import-Export Trade Statistics |
7.1 Latvia Baby Toys Market Export to Major Countries |
7.2 Latvia Baby Toys Market Imports from Major Countries |
8 Latvia Baby Toys Market Key Performance Indicators |
8.1 Average time spent by children playing with toys |
8.2 Number of new product launches in the baby toy market |
8.3 Customer satisfaction levels with the safety features of baby toys |
8.4 Adoption rate of eco-friendly and sustainable baby toys |
8.5 Number of partnerships with childcare experts or institutions for promoting developmental toys |
9 Latvia Baby Toys Market - Opportunity Assessment |
9.1 Latvia Baby Toys Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Baby Toys Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Baby Toys Market - Competitive Landscape |
10.1 Latvia Baby Toys Market Revenue Share, By Companies, 2024 |
10.2 Latvia Baby Toys Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |