| Product Code: ETC7906839 | 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 |
Latvia`s canopy import shipments in 2024 continued to be dominated by top exporting countries including China, Poland, Lithuania, Romania, and Czechia. Despite a high concentration of market share indicated by the HHI, the industry experienced a decline with a negative CAGR of -1.42% from 2020 to 2024. The growth rate from 2023 to 2024 further declined by -16.43%, reflecting challenges faced by the market. It will be important for businesses in the canopy industry to adapt to changing market 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 Canopy Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Canopy Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Canopy Market - Industry Life Cycle |
3.4 Latvia Canopy Market - Porter's Five Forces |
3.5 Latvia Canopy Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Latvia Canopy Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Canopy Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Latvia Canopy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about environmental benefits of canopies in Latvia |
4.2.2 Growing demand for outdoor living spaces and recreational areas |
4.2.3 Rising focus on energy efficiency and sustainability in construction projects |
4.3 Market Restraints |
4.3.1 High initial cost of installing canopies |
4.3.2 Limited availability of skilled labor for canopy installation and maintenance |
4.3.3 Stringent regulations and permitting processes for canopy construction |
5 Latvia Canopy Market Trends |
6 Latvia Canopy Market, By Types |
6.1 Latvia Canopy Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Latvia Canopy Market Revenues & Volume, By Material, 2021- 2031F |
6.1.3 Latvia Canopy Market Revenues & Volume, By PTFE, 2021- 2031F |
6.1.4 Latvia Canopy Market Revenues & Volume, By ETFE, 2021- 2031F |
6.1.5 Latvia Canopy Market Revenues & Volume, By PVC, 2021- 2031F |
6.1.6 Latvia Canopy Market Revenues & Volume, By Polyester Cloth, 2021- 2031F |
6.2 Latvia Canopy Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Canopy Market Revenues & Volume, By Shade Canopy, 2021- 2031F |
6.2.3 Latvia Canopy Market Revenues & Volume, By Event Tent or Large Canopy, 2021- 2031F |
6.3 Latvia Canopy Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Canopy Market Revenues & Volume, By Residential, 2021- 2031F |
6.3.3 Latvia Canopy Market Revenues & Volume, By Non-residential, 2021- 2031F |
7 Latvia Canopy Market Import-Export Trade Statistics |
7.1 Latvia Canopy Market Export to Major Countries |
7.2 Latvia Canopy Market Imports from Major Countries |
8 Latvia Canopy Market Key Performance Indicators |
8.1 Percentage increase in the number of eco-friendly construction projects using canopies |
8.2 Growth in the number of outdoor events and recreational areas utilizing canopies |
8.3 Adoption rate of energy-efficient canopy designs in new construction projects |
9 Latvia Canopy Market - Opportunity Assessment |
9.1 Latvia Canopy Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Latvia Canopy Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Canopy Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Latvia Canopy Market - Competitive Landscape |
10.1 Latvia Canopy Market Revenue Share, By Companies, 2024 |
10.2 Latvia Canopy Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |