| Product Code: ETC4911611 | 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 |
Latvia`s import shipments of bulletproof glass in 2024 were mainly sourced from top exporting countries like Poland, Belgium, Lithuania, Switzerland, and China. Despite a high Herfindahl-Hirschman Index indicating market concentration, the industry experienced a decline with a negative Compound Annual Growth Rate (CAGR) of -1.24% from 2020 to 2024. The growth rate further dropped by -15.68% from 2023 to 2024, suggesting a challenging year for the market. Monitoring these trends and understanding the factors driving these changes will be crucial for stakeholders in the bulletproof glass industry.

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 Bulletproof Glass Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Bulletproof Glass Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Bulletproof Glass Market - Industry Life Cycle |
3.4 Latvia Bulletproof Glass Market - Porter's Five Forces |
3.5 Latvia Bulletproof Glass Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Bulletproof Glass Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Latvia Bulletproof Glass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing security concerns and crime rates in Latvia |
4.2.2 Growth in the construction industry, particularly in high-security buildings |
4.2.3 Rising demand for bulletproof glass in financial institutions and government buildings |
4.3 Market Restraints |
4.3.1 High initial costs associated with installing bulletproof glass |
4.3.2 Limited awareness and understanding of the benefits of bulletproof glass among potential customers |
4.3.3 Challenges in sourcing high-quality bulletproof glass materials |
5 Latvia Bulletproof Glass Market Trends |
6 Latvia Bulletproof Glass Market Segmentations |
6.1 Latvia Bulletproof Glass Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Bulletproof Glass Market Revenues & Volume, By Solid Acrylic, 2021-2031F |
6.1.3 Latvia Bulletproof Glass Market Revenues & Volume, By Traditional Laminated, 2021-2031F |
6.1.4 Latvia Bulletproof Glass Market Revenues & Volume, By Polycarbonate, 2021-2031F |
6.1.5 Latvia Bulletproof Glass Market Revenues & Volume, By Glass-clad Polycarbonate, 2021-2031F |
6.1.6 Latvia Bulletproof Glass Market Revenues & Volume, By Other Types, 2021-2031F |
6.2 Latvia Bulletproof Glass Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Latvia Bulletproof Glass Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Latvia Bulletproof Glass Market Revenues & Volume, By Buildings and Construction, 2021-2031F |
6.2.4 Latvia Bulletproof Glass Market Revenues & Volume, By Defense, 2021-2031F |
6.2.5 Latvia Bulletproof Glass Market Revenues & Volume, By Other End-user Industries, 2021-2031F |
7 Latvia Bulletproof Glass Market Import-Export Trade Statistics |
7.1 Latvia Bulletproof Glass Market Export to Major Countries |
7.2 Latvia Bulletproof Glass Market Imports from Major Countries |
8 Latvia Bulletproof Glass Market Key Performance Indicators |
8.1 Number of reported security incidents in Latvia |
8.2 Percentage increase in high-security building permits issued |
8.3 Number of financial institutions and government buildings opting for bulletproof glass installation |
9 Latvia Bulletproof Glass Market - Opportunity Assessment |
9.1 Latvia Bulletproof Glass Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Bulletproof Glass Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Latvia Bulletproof Glass Market - Competitive Landscape |
10.1 Latvia Bulletproof Glass Market Revenue Share, By Companies, 2024 |
10.2 Latvia Bulletproof Glass Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |