| Product Code: ETC10529077 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Latvia`s contact adhesives import market in 2024 saw significant contributions from top exporting countries such as Germany, Estonia, Finland, Sweden, and Lithuania. Despite a low Herfindahl-Hirschman Index (HHI) indicating low market concentration, the market experienced a negative compound annual growth rate (CAGR) of -4.86% from 2020 to 2024. Furthermore, the growth rate in 2024 declined by -14.13%, reflecting potential challenges or shifts in the import landscape for contact adhesives in Latvia. Monitoring these trends is crucial for stakeholders in the industry to adapt and capitalize on emerging opportunities.
| 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 Contact Adhesives Market Overview | 
| 3.1 Latvia Country Macro Economic Indicators | 
| 3.2 Latvia Contact Adhesives Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Latvia Contact Adhesives Market - Industry Life Cycle | 
| 3.4 Latvia Contact Adhesives Market - Porter's Five Forces | 
| 3.5 Latvia Contact Adhesives Market Revenues & Volume Share, By Adhesive Type, 2021 & 2031F | 
| 3.6 Latvia Contact Adhesives Market Revenues & Volume Share, By Application, 2021 & 2031F | 
| 3.7 Latvia Contact Adhesives Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F | 
| 3.8 Latvia Contact Adhesives Market Revenues & Volume Share, By End User, 2021 & 2031F | 
| 4 Latvia Contact Adhesives Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Growth in the construction industry in Latvia, leading to increased demand for contact adhesives in various applications such as flooring and wall installations. | 
| 4.2.2 Rising focus on sustainable and environmentally friendly products, driving the adoption of bio-based contact adhesives. | 
| 4.2.3 Increasing trend of DIY projects among consumers, boosting the demand for contact adhesives in the retail sector. | 
| 4.3 Market Restraints | 
| 4.3.1 Fluctuating raw material prices impacting the production cost of contact adhesives. | 
| 4.3.2 Intense competition among key market players leading to pricing pressures. | 
| 4.3.3 Stringent regulations and compliance requirements related to the manufacturing and usage of contact adhesives. | 
| 5 Latvia Contact Adhesives Market Trends | 
| 6 Latvia Contact Adhesives Market, By Types | 
| 6.1 Latvia Contact Adhesives Market, By Adhesive Type | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Latvia Contact Adhesives Market Revenues & Volume, By Adhesive Type, 2021 - 2031F | 
| 6.1.3 Latvia Contact Adhesives Market Revenues & Volume, By Solvent-based, 2021 - 2031F | 
| 6.1.4 Latvia Contact Adhesives Market Revenues & Volume, By Water-based, 2021 - 2031F | 
| 6.1.5 Latvia Contact Adhesives Market Revenues & Volume, By Others, 2021 - 2031F | 
| 6.2 Latvia Contact Adhesives Market, By Application | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Latvia Contact Adhesives Market Revenues & Volume, By Footwear & Leather, 2021 - 2031F | 
| 6.2.3 Latvia Contact Adhesives Market Revenues & Volume, By Automotive, 2021 - 2031F | 
| 6.2.4 Latvia Contact Adhesives Market Revenues & Volume, By Furniture & Woodwork, 2021 - 2031F | 
| 6.3 Latvia Contact Adhesives Market, By Distribution Channel | 
| 6.3.1 Overview and Analysis | 
| 6.3.2 Latvia Contact Adhesives Market Revenues & Volume, By Online Retail, 2021 - 2031F | 
| 6.3.3 Latvia Contact Adhesives Market Revenues & Volume, By Offline Retail, 2021 - 2031F | 
| 6.4 Latvia Contact Adhesives Market, By End User | 
| 6.4.1 Overview and Analysis | 
| 6.4.2 Latvia Contact Adhesives Market Revenues & Volume, By Manufacturers, 2021 - 2031F | 
| 6.4.3 Latvia Contact Adhesives Market Revenues & Volume, By Consumers, 2021 - 2031F | 
| 7 Latvia Contact Adhesives Market Import-Export Trade Statistics | 
| 7.1 Latvia Contact Adhesives Market Export to Major Countries | 
| 7.2 Latvia Contact Adhesives Market Imports from Major Countries | 
| 8 Latvia Contact Adhesives Market Key Performance Indicators | 
| 8.1 Environmental impact metrics such as carbon footprint reduction initiatives and use of renewable resources in contact adhesive production. | 
| 8.2 Innovation and RD investment metrics to track the development of new, high-performance contact adhesive products. | 
| 8.3 Customer satisfaction metrics to gauge the quality and effectiveness of contact adhesives in meeting end-user requirements. | 
| 9 Latvia Contact Adhesives Market - Opportunity Assessment | 
| 9.1 Latvia Contact Adhesives Market Opportunity Assessment, By Adhesive Type, 2021 & 2031F | 
| 9.2 Latvia Contact Adhesives Market Opportunity Assessment, By Application, 2021 & 2031F | 
| 9.3 Latvia Contact Adhesives Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F | 
| 9.4 Latvia Contact Adhesives Market Opportunity Assessment, By End User, 2021 & 2031F | 
| 10 Latvia Contact Adhesives Market - Competitive Landscape | 
| 10.1 Latvia Contact Adhesives Market Revenue Share, By Companies, 2024 | 
| 10.2 Latvia Contact Adhesives Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 
| 13 Disclaimer |