| Product Code: ETC4971328 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia continued to see a steady flow of bathroom sink imports, with top exporters being Poland, Germany, Denmark, China, and Lithuania. The market showed moderate concentration levels, indicating a competitive landscape. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 remained positive at 4.26%. This suggests a stable demand for bathroom sinks in Latvia, with key players from various countries contributing to the market`s growth.

Latvia's Bathroom Sink market is anticipated to experience a stable growth rate of 0.43% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

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 Bathroom Sink Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Bathroom Sink Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Bathroom Sink Market - Industry Life Cycle |
3.4 Latvia Bathroom Sink Market - Porter's Five Forces |
3.5 Latvia Bathroom Sink Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Bathroom Sink Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Bathroom Sink Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction activities in Latvia leading to increased demand for new bathroom sinks. |
4.2.2 Increasing focus on home renovation and remodeling projects driving the replacement of old sinks with newer models. |
4.2.3 Adoption of modern and stylish bathroom sink designs by consumers seeking aesthetic appeal. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the manufacturing cost of bathroom sinks. |
4.3.2 Economic uncertainties affecting consumer spending on non-essential items like bathroom sinks. |
4.3.3 Competition from alternative bathroom fixtures such as integrated vanity units impacting the standalone sink market. |
5 Latvia Bathroom Sink Market Trends |
6 Latvia Bathroom Sink Market Segmentations |
6.1 Latvia Bathroom Sink Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Bathroom Sink Market Revenues & Volume, By Under-mount Sinks, 2021-2031F |
6.1.3 Latvia Bathroom Sink Market Revenues & Volume, By Top-mount Sinks, 2021-2031F |
6.1.4 Latvia Bathroom Sink Market Revenues & Volume, By Pedestal Sinks, 2021-2031F |
6.1.5 Latvia Bathroom Sink Market Revenues & Volume, By Vessel Sinks, 2021-2031F |
6.1.6 Latvia Bathroom Sink Market Revenues & Volume, By Integrated Sink and Countertops, 2021-2031F |
6.1.7 Latvia Bathroom Sink Market Revenues & Volume, By Semi recessed Sinks, 2021-2031F |
6.1.9 Latvia Bathroom Sink Market Revenues & Volume, By Washplane Sinks, 2021-2031F |
6.1.10 Latvia Bathroom Sink Market Revenues & Volume, By Washplane Sinks, 2021-2031F |
6.2 Latvia Bathroom Sink Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Bathroom Sink Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Latvia Bathroom Sink Market Revenues & Volume, By Non-residential, 2021-2031F |
7 Latvia Bathroom Sink Market Import-Export Trade Statistics |
7.1 Latvia Bathroom Sink Market Export to Major Countries |
7.2 Latvia Bathroom Sink Market Imports from Major Countries |
8 Latvia Bathroom Sink Market Key Performance Indicators |
8.1 Average selling price of bathroom sinks in Latvia. |
8.2 Number of new housing units built or under construction in Latvia. |
8.3 Consumer sentiment index related to home improvement spending. |
8.4 Percentage of households undergoing bathroom renovation projects. |
8.5 Adoption rate of eco-friendly and water-saving sink models in the market. |
9 Latvia Bathroom Sink Market - Opportunity Assessment |
9.1 Latvia Bathroom Sink Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Bathroom Sink Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Bathroom Sink Market - Competitive Landscape |
10.1 Latvia Bathroom Sink Market Revenue Share, By Companies, 2024 |
10.2 Latvia Bathroom Sink Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |