| Product Code: ETC7906000 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continued to rely on imports of below-grade waterproofing membranes, with Lithuania, Poland, Italy, Finland, and Germany being the top exporting countries. Despite a high concentration with a high Herfindahl-Hirschman Index (HHI), the market experienced a slight decline with a -0.17% compound annual growth rate (CAGR) from 2020 to 2024. The growth rate in 2024 further decreased by -6.3%, indicating challenges in the market. It will be crucial for industry players to adapt to changing dynamics and explore strategies for sustainable growth in the coming years.

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 Below Grade Waterproofing Membrane Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Below Grade Waterproofing Membrane Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Below Grade Waterproofing Membrane Market - Industry Life Cycle |
3.4 Latvia Below Grade Waterproofing Membrane Market - Porter's Five Forces |
3.5 Latvia Below Grade Waterproofing Membrane Market Revenues & Volume Share, By Membrane Type, 2021 & 2031F |
3.6 Latvia Below Grade Waterproofing Membrane Market Revenues & Volume Share, By Position, 2021 & 2031F |
3.7 Latvia Below Grade Waterproofing Membrane Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
3.8 Latvia Below Grade Waterproofing Membrane Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.9 Latvia Below Grade Waterproofing Membrane Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Below Grade Waterproofing Membrane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities in Latvia |
4.2.2 Growing awareness about the importance of waterproofing in construction projects |
4.2.3 Stringent regulations and building codes emphasizing the need for waterproofing in below-grade structures |
4.3 Market Restraints |
4.3.1 High initial costs associated with below-grade waterproofing membranes |
4.3.2 Limited availability of skilled labor for installation |
4.3.3 Fluctuating raw material prices affecting product costs |
5 Latvia Below Grade Waterproofing Membrane Market Trends |
6 Latvia Below Grade Waterproofing Membrane Market, By Types |
6.1 Latvia Below Grade Waterproofing Membrane Market, By Membrane Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Below Grade Waterproofing Membrane Market Revenues & Volume, By Membrane Type, 2021- 2031F |
6.1.3 Latvia Below Grade Waterproofing Membrane Market Revenues & Volume, By Sheet-Based, 2021- 2031F |
6.1.4 Latvia Below Grade Waterproofing Membrane Market Revenues & Volume, By Liquid-Coated, 2021- 2031F |
6.2 Latvia Below Grade Waterproofing Membrane Market, By Position |
6.2.1 Overview and Analysis |
6.2.2 Latvia Below Grade Waterproofing Membrane Market Revenues & Volume, By Positive-Side, 2021- 2031F |
6.2.3 Latvia Below Grade Waterproofing Membrane Market Revenues & Volume, By Blind-Side, 2021- 2031F |
6.2.4 Latvia Below Grade Waterproofing Membrane Market Revenues & Volume, By Negative-Side, 2021- 2031F |
6.3 Latvia Below Grade Waterproofing Membrane Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Below Grade Waterproofing Membrane Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3.3 Latvia Below Grade Waterproofing Membrane Market Revenues & Volume, By Public Infrastructure, 2021- 2031F |
6.3.4 Latvia Below Grade Waterproofing Membrane Market Revenues & Volume, By Residential, 2021- 2031F |
6.4 Latvia Below Grade Waterproofing Membrane Market, By Material Type |
6.4.1 Overview and Analysis |
6.4.2 Latvia Below Grade Waterproofing Membrane Market Revenues & Volume, By Polymers, 2021- 2031F |
6.4.3 Latvia Below Grade Waterproofing Membrane Market Revenues & Volume, By BitumenBentonite, 2021- 2031F |
6.4.4 Latvia Below Grade Waterproofing Membrane Market Revenues & Volume, By Rubberized Asphalt, 2021- 2031F |
6.4.5 Latvia Below Grade Waterproofing Membrane Market Revenues & Volume, By Others, 2021- 2031F |
6.5 Latvia Below Grade Waterproofing Membrane Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Latvia Below Grade Waterproofing Membrane Market Revenues & Volume, By Fluid-Applied, 2021- 2031F |
6.5.3 Latvia Below Grade Waterproofing Membrane Market Revenues & Volume, By Fully Bonded, 2021- 2031F |
6.5.4 Latvia Below Grade Waterproofing Membrane Market Revenues & Volume, By Self-Adhered, 2021- 2031F |
6.5.5 Latvia Below Grade Waterproofing Membrane Market Revenues & Volume, By Loose-Laid, 2021- 2031F |
7 Latvia Below Grade Waterproofing Membrane Market Import-Export Trade Statistics |
7.1 Latvia Below Grade Waterproofing Membrane Market Export to Major Countries |
7.2 Latvia Below Grade Waterproofing Membrane Market Imports from Major Countries |
8 Latvia Below Grade Waterproofing Membrane Market Key Performance Indicators |
8.1 Number of new construction permits issued in Latvia |
8.2 Adoption rate of waterproofing technologies in construction projects |
8.3 Number of building code updates related to waterproofing standards |
9 Latvia Below Grade Waterproofing Membrane Market - Opportunity Assessment |
9.1 Latvia Below Grade Waterproofing Membrane Market Opportunity Assessment, By Membrane Type, 2021 & 2031F |
9.2 Latvia Below Grade Waterproofing Membrane Market Opportunity Assessment, By Position, 2021 & 2031F |
9.3 Latvia Below Grade Waterproofing Membrane Market Opportunity Assessment, By End-Use, 2021 & 2031F |
9.4 Latvia Below Grade Waterproofing Membrane Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.5 Latvia Below Grade Waterproofing Membrane Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Below Grade Waterproofing Membrane Market - Competitive Landscape |
10.1 Latvia Below Grade Waterproofing Membrane Market Revenue Share, By Companies, 2024 |
10.2 Latvia Below Grade Waterproofing Membrane 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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