| Product Code: ETC7910818 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
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 Factoring Services Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Factoring Services Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Factoring Services Market - Industry Life Cycle |
3.4 Latvia Factoring Services Market - Porter's Five Forces |
3.5 Latvia Factoring Services Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.6 Latvia Factoring Services Market Revenues & Volume Share, By Financial Institutions, 2021 & 2031F |
3.7 Latvia Factoring Services Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Latvia Factoring Services Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for working capital solutions among Latvian businesses |
4.2.2 Growth in the number of small and medium enterprises (SMEs) in Latvia |
4.2.3 Favorable regulatory environment promoting factoring services adoption |
4.3 Market Restraints |
4.3.1 Economic instability and uncertainty impacting business confidence |
4.3.2 Competition from traditional financing options like bank loans |
4.3.3 Limited awareness and understanding of factoring services among potential clients |
5 Latvia Factoring Services Market Trends |
6 Latvia Factoring Services Market, By Types |
6.1 Latvia Factoring Services Market, By Category |
6.1.1 Overview and Analysis |
6.1.2 Latvia Factoring Services Market Revenues & Volume, By Category, 2021- 2031F |
6.1.3 Latvia Factoring Services Market Revenues & Volume, By Domestic, 2021- 2031F |
6.1.4 Latvia Factoring Services Market Revenues & Volume, By International, 2021- 2031F |
6.1.5 Latvia Factoring Services Market Revenues & Volume, By Type, 2021- 2031F |
6.1.6 Latvia Factoring Services Market Revenues & Volume, By Recourse, 2021- 2031F |
6.1.7 Latvia Factoring Services Market Revenues & Volume, By Non-Recourse, 2021- 2031F |
6.2 Latvia Factoring Services Market, By Financial Institutions |
6.2.1 Overview and Analysis |
6.2.2 Latvia Factoring Services Market Revenues & Volume, By Banks, 2021- 2031F |
6.2.3 Latvia Factoring Services Market Revenues & Volume, By Non-Banking Financial Institutions, 2021- 2031F |
6.3 Latvia Factoring Services Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Factoring Services Market Revenues & Volume, By Manufacturing, 2021- 2031F |
6.3.3 Latvia Factoring Services Market Revenues & Volume, By Transport & Logistics, 2021- 2031F |
6.3.4 Latvia Factoring Services Market Revenues & Volume, By Information Technology, 2021- 2031F |
6.3.5 Latvia Factoring Services Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.3.6 Latvia Factoring Services Market Revenues & Volume, By Construction, 2021- 2031F |
6.3.7 Latvia Factoring Services Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Factoring Services Market Import-Export Trade Statistics |
7.1 Latvia Factoring Services Market Export to Major Countries |
7.2 Latvia Factoring Services Market Imports from Major Countries |
8 Latvia Factoring Services Market Key Performance Indicators |
8.1 Average days sales outstanding (DSO) for Latvian businesses |
8.2 Number of new clients onboarded by factoring companies |
8.3 Percentage of factoring adoption among SMEs in Latvia |
9 Latvia Factoring Services Market - Opportunity Assessment |
9.1 Latvia Factoring Services Market Opportunity Assessment, By Category, 2021 & 2031F |
9.2 Latvia Factoring Services Market Opportunity Assessment, By Financial Institutions, 2021 & 2031F |
9.3 Latvia Factoring Services Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Latvia Factoring Services Market - Competitive Landscape |
10.1 Latvia Factoring Services Market Revenue Share, By Companies, 2024 |
10.2 Latvia Factoring Services Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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