| Product Code: ETC11611189 | 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 |
In 2024, Latvia continued to see a diverse range of coatings imports, with top exporters including neighboring countries like Estonia and Lithuania, as well as Slovenia, Poland, and Finland. Despite this variety, the market remains fairly competitive, as indicated by the low Herfindahl-Hirschman Index (HHI) concentration measure. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 2.42%, showing steady expansion. However, there was a notable decline in growth rate from 2023 to 2024, with a decrease of -13.37%, suggesting potential challenges or shifts in the market dynamics during that period.

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 Coatings Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Coatings Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Coatings Market - Industry Life Cycle |
3.4 Latvia Coatings Market - Porter's Five Forces |
3.5 Latvia Coatings Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Latvia Coatings Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Latvia Coatings Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Coatings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities in Latvia |
4.2.2 Growing demand for eco-friendly coatings |
4.2.3 Expansion of manufacturing and industrial sectors in the country |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Stringent environmental regulations impacting product formulations |
4.3.3 Intense competition from imported coatings |
5 Latvia Coatings Market Trends |
6 Latvia Coatings Market, By Types |
6.1 Latvia Coatings Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Coatings Market Revenues & Volume, By Resin Type, 2021 - 2031F |
6.1.3 Latvia Coatings Market Revenues & Volume, By Acrylic, 2021 - 2031F |
6.1.4 Latvia Coatings Market Revenues & Volume, By Alkyd, 2021 - 2031F |
6.1.5 Latvia Coatings Market Revenues & Volume, By Epoxy, 2021 - 2031F |
6.1.6 Latvia Coatings Market Revenues & Volume, By Polyester, 2021 - 2031F |
6.1.7 Latvia Coatings Market Revenues & Volume, By Polyurethane, 2021 - 2031F |
6.1.8 Latvia Coatings Market Revenues & Volume, By Vinyl, 2021 - 2029F |
6.2 Latvia Coatings Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Latvia Coatings Market Revenues & Volume, By Waterborne coatings, 2021 - 2031F |
6.2.3 Latvia Coatings Market Revenues & Volume, By Solvent-borne coatings, 2021 - 2031F |
6.2.4 Latvia Coatings Market Revenues & Volume, By Powder coatings, 2021 - 2031F |
6.2.5 Latvia Coatings Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Latvia Coatings Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Coatings Market Revenues & Volume, By Architectural, 2021 - 2031F |
6.3.3 Latvia Coatings Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3.4 Latvia Coatings Market Revenues & Volume, By Others, 2021 - 2031F |
7 Latvia Coatings Market Import-Export Trade Statistics |
7.1 Latvia Coatings Market Export to Major Countries |
7.2 Latvia Coatings Market Imports from Major Countries |
8 Latvia Coatings Market Key Performance Indicators |
8.1 Research and development investment in innovative coating technologies |
8.2 Adoption rate of sustainable and low-VOC coatings in the market |
8.3 Number of new product launches in the coatings segment |
8.4 Utilization rate of production capacity in local coating manufacturing facilities |
8.5 Percentage of repeat customers or customer loyalty in the coatings market |
9 Latvia Coatings Market - Opportunity Assessment |
9.1 Latvia Coatings Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Latvia Coatings Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Latvia Coatings Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Coatings Market - Competitive Landscape |
10.1 Latvia Coatings Market Revenue Share, By Companies, 2024 |
10.2 Latvia Coatings Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |