| Product Code: ETC5892334 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia continued to see a steady increase in car sunroof import shipments with top exporters being Germany, Estonia, Poland, Sweden, and Finland. The market maintained low concentration levels as indicated by the HHI. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 remained strong at 9.03%. This indicates a stable demand for car sunroofs in Latvia and a positive outlook for the market 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 Car Sunroof Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Car Sunroof Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Car Sunroof Market - Industry Life Cycle |
3.4 Latvia Car Sunroof Market - Porter's Five Forces |
3.5 Latvia Car Sunroof Market Revenues & Volume Share, By Rooftop, 2021 & 2031F |
3.6 Latvia Car Sunroof Market Revenues & Volume Share, By Vehicle Class, 2021 & 2031F |
3.7 Latvia Car Sunroof Market Revenues & Volume Share, By Body, 2021 & 2031F |
4 Latvia Car Sunroof Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for enhanced driving experience and comfort features in vehicles. |
4.2.2 Rising trend towards customization and personalization of cars. |
4.2.3 Growing awareness about the benefits of natural light and fresh air in vehicles. |
4.2.4 Technological advancements leading to more affordable and efficient sunroof options. |
4.2.5 Government initiatives promoting the adoption of environmentally-friendly features in vehicles. |
4.3 Market Restraints |
4.3.1 High initial cost associated with installing sunroofs in cars. |
4.3.2 Concerns about potential leaks and maintenance issues with sunroofs. |
4.3.3 Limited availability of skilled technicians for installation and repair of sunroofs. |
4.3.4 Weather conditions in Latvia, such as heavy snowfall and rainfall, impacting the practicality of sunroofs. |
4.3.5 Lack of standardization and regulations governing the installation of sunroofs in vehicles. |
5 Latvia Car Sunroof Market Trends |
6 Latvia Car Sunroof Market Segmentations |
6.1 Latvia Car Sunroof Market, By Rooftop |
6.1.1 Overview and Analysis |
6.1.2 Latvia Car Sunroof Market Revenues & Volume, By Hardtop, 2021-2031F |
6.1.3 Latvia Car Sunroof Market Revenues & Volume, By Soft Top, 2021-2031F |
6.2 Latvia Car Sunroof Market, By Vehicle Class |
6.2.1 Overview and Analysis |
6.2.2 Latvia Car Sunroof Market Revenues & Volume, By Luxury, 2021-2031F |
6.2.3 Latvia Car Sunroof Market Revenues & Volume, By Semi-Luxury, 2021-2031F |
6.3 Latvia Car Sunroof Market, By Body |
6.3.1 Overview and Analysis |
6.3.2 Latvia Car Sunroof Market Revenues & Volume, By Sedan, 2021-2031F |
6.3.3 Latvia Car Sunroof Market Revenues & Volume, By SUV, 2021-2031F |
6.3.4 Latvia Car Sunroof Market Revenues & Volume, By Roadster, 2021-2031F |
7 Latvia Car Sunroof Market Import-Export Trade Statistics |
7.1 Latvia Car Sunroof Market Export to Major Countries |
7.2 Latvia Car Sunroof Market Imports from Major Countries |
8 Latvia Car Sunroof Market Key Performance Indicators |
8.1 Customer satisfaction ratings related to sunroof functionality and aesthetics. |
8.2 Percentage increase in aftermarket sunroof installations in the automotive sector. |
8.3 Adoption rate of innovative sunroof technologies in new car models. |
8.4 Number of sunroof installation workshops and service centers in Latvia. |
8.5 Environmental impact assessments related to sunroof materials and energy efficiency. |
9 Latvia Car Sunroof Market - Opportunity Assessment |
9.1 Latvia Car Sunroof Market Opportunity Assessment, By Rooftop, 2021 & 2031F |
9.2 Latvia Car Sunroof Market Opportunity Assessment, By Vehicle Class, 2021 & 2031F |
9.3 Latvia Car Sunroof Market Opportunity Assessment, By Body, 2021 & 2031F |
10 Latvia Car Sunroof Market - Competitive Landscape |
10.1 Latvia Car Sunroof Market Revenue Share, By Companies, 2024 |
10.2 Latvia Car Sunroof 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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