| Product Code: ETC5739650 | 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 saw a significant increase in the import shipments of composite decking and railing, with top exporting countries being Lithuania, Poland, Estonia, Germany, and China. The market concentration shifted from low to moderate in just a year, indicating a more competitive landscape. With a healthy compound annual growth rate of 6.89% from 2020 to 2024 and a notable growth rate of 9.07% from 2023 to 2024, the composite decking and railing industry in Latvia is showing promising signs of expansion and market activity.

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 Composite Decking & Railing Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Composite Decking & Railing Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Composite Decking & Railing Market - Industry Life Cycle |
3.4 Latvia Composite Decking & Railing Market - Porter's Five Forces |
3.5 Latvia Composite Decking & Railing Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Composite Decking & Railing Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Latvia Composite Decking & Railing Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Composite Decking & Railing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing trend towards eco-friendly and sustainable building materials |
4.2.2 Increasing focus on outdoor living spaces and home improvement projects |
4.2.3 Government initiatives promoting the use of environmentally friendly products in construction |
4.3 Market Restraints |
4.3.1 High initial costs associated with composite decking and railing products |
4.3.2 Limited awareness and education among consumers about the benefits of composite materials |
4.3.3 Competition from traditional wood decking and railing products |
5 Latvia Composite Decking & Railing Market Trends |
6 Latvia Composite Decking & Railing Market Segmentations |
6.1 Latvia Composite Decking & Railing Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Composite Decking & Railing Market Revenues & Volume, By Capped , 2021-2031F |
6.1.3 Latvia Composite Decking & Railing Market Revenues & Volume, By Uncapped, 2021-2031F |
6.2 Latvia Composite Decking & Railing Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Composite Decking & Railing Market Revenues & Volume, By Polyethylene, 2021-2031F |
6.2.3 Latvia Composite Decking & Railing Market Revenues & Volume, By Polypropylene, 2021-2031F |
6.2.4 Latvia Composite Decking & Railing Market Revenues & Volume, By Polyvinylchloride, 2021-2031F |
6.2.5 Latvia Composite Decking & Railing Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Composite Decking & Railing Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Composite Decking & Railing Market Revenues & Volume, By Residential , 2021-2031F |
6.3.3 Latvia Composite Decking & Railing Market Revenues & Volume, By Non-Residential, 2021-2031F |
7 Latvia Composite Decking & Railing Market Import-Export Trade Statistics |
7.1 Latvia Composite Decking & Railing Market Export to Major Countries |
7.2 Latvia Composite Decking & Railing Market Imports from Major Countries |
8 Latvia Composite Decking & Railing Market Key Performance Indicators |
8.1 Percentage increase in the number of residential construction projects using composite decking and railing |
8.2 Growth in the number of composite decking and railing manufacturers in the Latvian market |
8.3 Adoption rate of composite decking and railing products in commercial construction projects |
9 Latvia Composite Decking & Railing Market - Opportunity Assessment |
9.1 Latvia Composite Decking & Railing Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Composite Decking & Railing Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Latvia Composite Decking & Railing Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Composite Decking & Railing Market - Competitive Landscape |
10.1 Latvia Composite Decking & Railing Market Revenue Share, By Companies, 2024 |
10.2 Latvia Composite Decking & Railing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |