| Product Code: ETC5203014 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, Latvia`s craft knife import market saw a shift towards more diversified sources, with top exporters including China, Germany, Lithuania, Poland, and Estonia. The decrease in Herfindahl-Hirschman Index (HHI) from high to moderate concentration indicates a more competitive landscape. The impressive Compound Annual Growth Rate (CAGR) of 14.65% from 2020 to 2024 highlights a strong market expansion. Furthermore, the growth rate of 3.38% in 2024 suggests a steady increase in import shipments, signaling opportunities for both domestic retailers and international suppliers in the craft knife sector.
| 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 Craft Knife Market Overview | 
| 3.1 Latvia Country Macro Economic Indicators | 
| 3.2 Latvia Craft Knife Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Latvia Craft Knife Market - Industry Life Cycle | 
| 3.4 Latvia Craft Knife Market - Porter's Five Forces | 
| 3.5 Latvia Craft Knife Market Revenues & Volume Share, By Blade Category, 2021 & 2031F | 
| 3.6 Latvia Craft Knife Market Revenues & Volume Share, By Product Type, 2021 & 2031F | 
| 3.7 Latvia Craft Knife Market Revenues & Volume Share, By Handle Design, 2021 & 2031F | 
| 3.8 Latvia Craft Knife Market Revenues & Volume Share, By Handle Material, 2021 & 2031F | 
| 3.9 Latvia Craft Knife Market Revenues & Volume Share, By Blade Type, 2021 & 2031F | 
| 3.10 Latvia Craft Knife Market Revenues & Volume Share, By Application, 2021 & 2031F | 
| 3.11 Latvia Craft Knife Market Revenues & Volume Share, By Price, 2021 & 2031F | 
| 4 Latvia Craft Knife Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Growing consumer interest in DIY activities and crafts | 
| 4.2.2 Increasing focus on handmade and artisanal products | 
| 4.2.3 Rise in popularity of woodworking and other hobbyist activities | 
| 4.3 Market Restraints | 
| 4.3.1 High competition from established brands and imported products | 
| 4.3.2 Limited awareness about the benefits and versatility of craft knives | 
| 4.3.3 Fluctuating raw material prices affecting production costs | 
| 5 Latvia Craft Knife Market Trends | 
| 6 Latvia Craft Knife Market Segmentations | 
| 6.1 Latvia Craft Knife Market, By Blade Category | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Latvia Craft Knife Market Revenues & Volume, By General Purpose Blade, 2021-2031F | 
| 6.1.3 Latvia Craft Knife Market Revenues & Volume, By Fine Blade Point, 2021-2031F | 
| 6.1.4 Latvia Craft Knife Market Revenues & Volume, By Craving Blade, 2021-2031F | 
| 6.1.5 Latvia Craft Knife Market Revenues & Volume, By Whittling Blade, 2021-2031F | 
| 6.1.6 Latvia Craft Knife Market Revenues & Volume, By Chiseling Blade, 2021-2031F | 
| 6.1.7 Latvia Craft Knife Market Revenues & Volume, By Others, 2021-2031F | 
| 6.2 Latvia Craft Knife Market, By Product Type | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Latvia Craft Knife Market Revenues & Volume, By Light Duty Craft Knife, 2021-2031F | 
| 6.2.3 Latvia Craft Knife Market Revenues & Volume, By Medium Duty Craft Knife, 2021-2031F | 
| 6.2.4 Latvia Craft Knife Market Revenues & Volume, By Heavy Duty Craft Knife, 2021-2031F | 
| 6.2.5 Latvia Craft Knife Market Revenues & Volume, By Swivel Craft Knife, 2021-2031F | 
| 6.2.6 Latvia Craft Knife Market Revenues & Volume, By Fingertip Craft Knife, 2021-2031F | 
| 6.2.7 Latvia Craft Knife Market Revenues & Volume, By Others, 2021-2031F | 
| 6.3 Latvia Craft Knife Market, By Handle Design | 
| 6.3.1 Overview and Analysis | 
| 6.3.2 Latvia Craft Knife Market Revenues & Volume, By Fixed, 2021-2031F | 6.3.3 Latvia Craft Knife Market Revenues & Volume, By Retractable, 2021-2031F | 
| 6.4 Latvia Craft Knife Market, By Handle Material | 
| 6.4.1 Overview and Analysis | 
| 6.4.2 Latvia Craft Knife Market Revenues & Volume, By Plastic, 2021-2031F | 
| 6.4.3 Latvia Craft Knife Market Revenues & Volume, By Rubber, 2021-2031F | 
| 6.4.4 Latvia Craft Knife Market Revenues & Volume, By Aluminum, 2021-2031F | 
| 6.4.5 Latvia Craft Knife Market Revenues & Volume, By Steel, 2021-2031F | 
| 6.4.6 Latvia Craft Knife Market Revenues & Volume, By Others, 2021-2031F | 
| 6.5 Latvia Craft Knife Market, By Blade Type | 
| 6.5.1 Overview and Analysis | 
| 6.5.2 Latvia Craft Knife Market Revenues & Volume, By Embedded, 2021-2031F | 
| 6.5.3 Latvia Craft Knife Market Revenues & Volume, By Replaceable, 2021-2031F | 
| 6.6 Latvia Craft Knife Market, By Application | 
| 6.6.1 Overview and Analysis | 
| 6.6.2 Latvia Craft Knife Market Revenues & Volume, By Professional, 2021-2031F | 
| 6.6.3 Latvia Craft Knife Market Revenues & Volume, By Amateur, 2021-2031F | 
| 6.7 Latvia Craft Knife Market, By Price | 
| 6.7.1 Overview and Analysis | 
| 6.7.2 Latvia Craft Knife Market Revenues & Volume, By Low, 2021-2031F | 
| 6.7.3 Latvia Craft Knife Market Revenues & Volume, By Medium, 2021-2031F | 
| 6.7.4 Latvia Craft Knife Market Revenues & Volume, By , 2021-2031F | 
| 6.8 Latvia Craft Knife Market, By Distribution Channel | 
| 6.8.1 Overview and Analysis | 
| 6.8.2 Latvia Craft Knife Market Revenues & Volume, By Online, 2021-2031F | 
| 6.8.3 Latvia Craft Knife Market Revenues & Volume, By Offline, 2021-2031F | 
| 7 Latvia Craft Knife Market Import-Export Trade Statistics | 
| 7.1 Latvia Craft Knife Market Export to Major Countries | 
| 7.2 Latvia Craft Knife Market Imports from Major Countries | 
| 8 Latvia Craft Knife Market Key Performance Indicators | 
| 8.1 Number of craft knife workshops or classes conducted in Latvia | 
| 8.2 Percentage increase in online searches for craft knife-related keywords | 
| 8.3 Growth in the number of craft knife-related social media influencers in Latvia | 
| 9 Latvia Craft Knife Market - Opportunity Assessment | 
| 9.1 Latvia Craft Knife Market Opportunity Assessment, By Blade Category, 2021 & 2031F | 
| 9.2 Latvia Craft Knife Market Opportunity Assessment, By Product Type, 2021 & 2031F | 
| 9.3 Latvia Craft Knife Market Opportunity Assessment, By Handle Design, 2021 & 2031F | 
| 9.4 Latvia Craft Knife Market Opportunity Assessment, By Handle Material, 2021 & 2031F | 
| 9.5 Latvia Craft Knife Market Opportunity Assessment, By Blade Type, 2021 & 2031F | 
| 9.6 Latvia Craft Knife Market Opportunity Assessment, By Application, 2021 & 2031F | 
| 9.7 Latvia Craft Knife Market Opportunity Assessment, By Price, 2021 & 2031F | 
| 9.7 Latvia Craft Knife Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F | 
| 10 Latvia Craft Knife Market - Competitive Landscape | 
| 10.1 Latvia Craft Knife Market Revenue Share, By Companies, 2024 | 
| 10.2 Latvia Craft Knife Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 13 Disclaimer |