| Product Code: ETC5068418 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The cycling helmet import market in Latvia experienced significant growth in 2024, with top exporting countries being the USA, Poland, Sweden, Lithuania, and Germany. The market concentration, as measured by the HHI, shifted from low to high in 2024, indicating increased competitiveness among suppliers. The impressive CAGR of 28.24% from 2020 to 2024 highlights the growing demand for cycling helmets in Latvia. Moreover, the growth rate of 10.72% from 2023 to 2024 suggests a continued upward trajectory for import shipments, making it an attractive market for manufacturers and exporters.

Latvia's Cycling Helmet market is anticipated to experience a stable growth rate of 4.01% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

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 Cycling Helmet Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Cycling Helmet Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Cycling Helmet Market - Industry Life Cycle |
3.4 Latvia Cycling Helmet Market - Porter's Five Forces |
3.5 Latvia Cycling Helmet Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Cycling Helmet Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Cycling Helmet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about safety measures among cyclists |
4.2.2 Government regulations mandating the use of helmets for cyclists |
4.2.3 Growing popularity of cycling as a recreational and fitness activity in Latvia |
4.3 Market Restraints |
4.3.1 High cost associated with quality cycling helmets |
4.3.2 Limited availability of specialized cycling helmet retailers in Latvia |
4.3.3 Seasonal demand fluctuations due to weather conditions |
5 Latvia Cycling Helmet Market Trends |
6 Latvia Cycling Helmet Market Segmentations |
6.1 Latvia Cycling Helmet Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Cycling Helmet Market Revenues & Volume, By Road Helmets, 2021-2031F |
6.1.3 Latvia Cycling Helmet Market Revenues & Volume, By Sports Helmets, 2021-2031F |
6.1.4 Latvia Cycling Helmet Market Revenues & Volume, By Mtb Helmets, 2021-2031F |
6.2 Latvia Cycling Helmet Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Cycling Helmet Market Revenues & Volume, By Daily Transportation, 2021-2031F |
6.2.3 Latvia Cycling Helmet Market Revenues & Volume, By Sports/Adventure, 2021-2031F |
7 Latvia Cycling Helmet Market Import-Export Trade Statistics |
7.1 Latvia Cycling Helmet Market Export to Major Countries |
7.2 Latvia Cycling Helmet Market Imports from Major Countries |
8 Latvia Cycling Helmet Market Key Performance Indicators |
8.1 Percentage increase in the number of cycling events or races in Latvia |
8.2 Growth in the number of cycling clubs or communities promoting helmet use |
8.3 Adoption rate of innovative helmet technologies by Latvian cyclists |
9 Latvia Cycling Helmet Market - Opportunity Assessment |
9.1 Latvia Cycling Helmet Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Cycling Helmet Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Cycling Helmet Market - Competitive Landscape |
10.1 Latvia Cycling Helmet Market Revenue Share, By Companies, 2024 |
10.2 Latvia Cycling Helmet Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |