| Product Code: ETC4908951 | 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 |
The Latvia beach umbrella import market continues to thrive, with top exporting countries such as China, Lithuania, and Poland dominating the scene. The high concentration of the Herfindahl-Hirschman Index (HHI) in 2023 intensified even further in 2024, indicating a very competitive market. With a strong compound annual growth rate (CAGR) of 10.37% from 2020 to 2024 and an impressive growth rate of 11.38% from 2023 to 2024, the market shows promising opportunities for both local and international suppliers to capitalize on the growing demand for beach umbrellas in Latvia.

In the Europe region, the Beach Umbrella market in Latvia is projected to expand at a stable growth rate of 2.23% by 2027. The largest economy is 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 Beach Umbrella Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Beach Umbrella Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Beach Umbrella Market - Industry Life Cycle |
3.4 Latvia Beach Umbrella Market - Porter's Five Forces |
3.5 Latvia Beach Umbrella Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Latvia Beach Umbrella Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Latvia Beach Umbrella Market Revenues & Volume Share, By Size, 2021 & 2031F |
4 Latvia Beach Umbrella Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Latvia |
4.2.2 Growing tourism industry in Latvia |
4.2.3 Rising awareness about sun protection and skin health |
4.3 Market Restraints |
4.3.1 Seasonal nature of beach umbrella demand |
4.3.2 Competition from substitute products like sunscreen and sun hats |
4.3.3 Economic downturn impacting consumer spending |
5 Latvia Beach Umbrella Market Trends |
6 Latvia Beach Umbrella Market Segmentations |
6.1 Latvia Beach Umbrella Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Latvia Beach Umbrella Market Revenues & Volume, By Wood, 2021-2031F |
6.1.3 Latvia Beach Umbrella Market Revenues & Volume, By Fiberglass, 2021-2031F |
6.1.4 Latvia Beach Umbrella Market Revenues & Volume, By Aluminum, 2021-2031F |
6.2 Latvia Beach Umbrella Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Beach Umbrella Market Revenues & Volume, By Hypermarkets/supermarkets, 2021-2031F |
6.2.3 Latvia Beach Umbrella Market Revenues & Volume, By Specialty stores, 2021-2031F |
6.2.4 Latvia Beach Umbrella Market Revenues & Volume, By Online retailers, 2021-2031F |
6.2.5 Latvia Beach Umbrella Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Beach Umbrella Market, By Size |
6.3.1 Overview and Analysis |
6.3.2 Latvia Beach Umbrella Market Revenues & Volume, By 5 ? ?? 7 Feet, 2021-2031F |
6.3.3 Latvia Beach Umbrella Market Revenues & Volume, By 5 ? ?? 10 Feet, 2021-2031F |
6.3.4 Latvia Beach Umbrella Market Revenues & Volume, By > 10.5 Feet, 2021-2031F |
7 Latvia Beach Umbrella Market Import-Export Trade Statistics |
7.1 Latvia Beach Umbrella Market Export to Major Countries |
7.2 Latvia Beach Umbrella Market Imports from Major Countries |
8 Latvia Beach Umbrella Market Key Performance Indicators |
8.1 Average number of beach umbrella purchases per tourist |
8.2 Percentage of beach umbrella sales during peak tourism season |
8.3 Customer satisfaction level with beach umbrella quality and features |
9 Latvia Beach Umbrella Market - Opportunity Assessment |
9.1 Latvia Beach Umbrella Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Latvia Beach Umbrella Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Latvia Beach Umbrella Market Opportunity Assessment, By Size, 2021 & 2031F |
10 Latvia Beach Umbrella Market - Competitive Landscape |
10.1 Latvia Beach Umbrella Market Revenue Share, By Companies, 2024 |
10.2 Latvia Beach Umbrella Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |