| Product Code: ETC11585461 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The import shipments of children`s digital watches to Latvia in 2024 were primarily sourced from top exporting countries including Switzerland, Germany, Czechia, Bulgaria, and Croatia. Despite this diverse sourcing, the market shows low concentration with a low Herfindahl-Hirschman Index (HHI) in 2024. The industry experienced a healthy Compound Annual Growth Rate (CAGR) of 7.85% from 2020 to 2024, with a notable growth spike of 22.95% from 2023 to 2024. This data suggests a positive trend in the demand for children`s digital watches in Latvia with a competitive market landscape.

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 Children Digital Watch Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Children Digital Watch Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Children Digital Watch Market - Industry Life Cycle |
3.4 Latvia Children Digital Watch Market - Porter's Five Forces |
3.5 Latvia Children Digital Watch Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Children Digital Watch Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.7 Latvia Children Digital Watch Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Latvia Children Digital Watch Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Children Digital Watch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the importance of children's safety and security |
4.2.2 Growing trend of wearable technology among children |
4.2.3 Rising disposable income and willingness to spend on children's products |
4.3 Market Restraints |
4.3.1 Concerns about children's excessive screen time |
4.3.2 Competition from traditional analog watches |
4.3.3 Economic uncertainty impacting consumer spending on non-essential items |
5 Latvia Children Digital Watch Market Trends |
6 Latvia Children Digital Watch Market, By Types |
6.1 Latvia Children Digital Watch Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Children Digital Watch Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Latvia Children Digital Watch Market Revenues & Volume, By GPS Smartwatches, 2021 - 2031F |
6.1.4 Latvia Children Digital Watch Market Revenues & Volume, By Fitness Watches, 2021 - 2031F |
6.1.5 Latvia Children Digital Watch Market Revenues & Volume, By Educational Watches, 2021 - 2031F |
6.1.6 Latvia Children Digital Watch Market Revenues & Volume, By Waterproof Watches, 2021 - 2031F |
6.2 Latvia Children Digital Watch Market, By Technology Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Children Digital Watch Market Revenues & Volume, By GPS Tracking, 2021 - 2031F |
6.2.3 Latvia Children Digital Watch Market Revenues & Volume, By Activity Tracking Sensors, 2021 - 2031F |
6.2.4 Latvia Children Digital Watch Market Revenues & Volume, By Interactive Learning Apps, 2021 - 2031F |
6.2.5 Latvia Children Digital Watch Market Revenues & Volume, By Water-Resistant Technology, 2021 - 2031F |
6.3 Latvia Children Digital Watch Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Children Digital Watch Market Revenues & Volume, By Parents and Guardians, 2021 - 2031F |
6.3.3 Latvia Children Digital Watch Market Revenues & Volume, By Kids Aged 5-12, 2021 - 2031F |
6.3.4 Latvia Children Digital Watch Market Revenues & Volume, By Schools and Educational Institutions, 2021 - 2031F |
6.3.5 Latvia Children Digital Watch Market Revenues & Volume, By Active Children, 2021 - 2031F |
6.4 Latvia Children Digital Watch Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Children Digital Watch Market Revenues & Volume, By Child Safety and Location Monitoring, 2021 - 2031F |
6.4.3 Latvia Children Digital Watch Market Revenues & Volume, By Health and Fitness Monitoring, 2021 - 2031F |
6.4.4 Latvia Children Digital Watch Market Revenues & Volume, By Learning and Engagement, 2021 - 2031F |
6.4.5 Latvia Children Digital Watch Market Revenues & Volume, By Sports and Outdoor Use, 2021 - 2031F |
7 Latvia Children Digital Watch Market Import-Export Trade Statistics |
7.1 Latvia Children Digital Watch Market Export to Major Countries |
7.2 Latvia Children Digital Watch Market Imports from Major Countries |
8 Latvia Children Digital Watch Market Key Performance Indicators |
8.1 Number of child safety features integrated into the watches |
8.2 Adoption rate of digital watches among children in Latvia |
8.3 Average selling price of children's digital watches |
8.4 Percentage of parents willing to invest in technology-driven children's products |
8.5 Innovation rate in the children's digital watch market |
9 Latvia Children Digital Watch Market - Opportunity Assessment |
9.1 Latvia Children Digital Watch Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Children Digital Watch Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.3 Latvia Children Digital Watch Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Latvia Children Digital Watch Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Children Digital Watch Market - Competitive Landscape |
10.1 Latvia Children Digital Watch Market Revenue Share, By Companies, 2024 |
10.2 Latvia Children Digital Watch Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |