Latvia Floor Covering Market (2025-2031) | Revenue, Value, Outlook, Growth, Industry, Analysis, Trends, Share, Size, Companies, Segmentation & Forecast
Market Forecast By Product (Carpet and Area Rugs, Wood Flooring, Ceramic Tiles Flooring, Laminate Flooring, Vinyl Flooring, Stone Flooring, Other Products), By Distribution Channel (Home Centers, Flagship Stores, Specialty Stores, Online Stores, Other‚), By End User (Commercial, Residential Replacement, Builder) And Competitive Landscape
| Product Code: ETC5527116 | 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 |
Latvia Floor Covering Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Latvia continued to see a strong influx of floor covering imports from key countries such as Germany, Poland, Nepal, India, and Italy. Despite a high concentration level measured by the Herfindahl-Hirschman Index (HHI), the market maintained a healthy compound annual growth rate (CAGR) of 8.47% from 2020 to 2024. However, there was a notable decline in the growth rate from 2023 to 2024, with a decrease of -17.73%. This shift highlights the importance of monitoring market dynamics and adapting strategies to navigate changing trends in the floor covering import industry.
Floor Covering Market: Latvia vs Top 5 Major Economies in 2027 (Europe)
By 2027, Latvia's Floor Covering market is forecasted to achieve a stable growth rate of 0.43%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.
Key Highlights of the Report:
- Latvia Floor Covering Market Outlook
- Market Size of Latvia Floor Covering Market, 2024
- Forecast of Latvia Floor Covering Market, 2031
- Historical Data and Forecast of Latvia Floor Covering Revenues & Volume for the Period 2021-2031
- Latvia Floor Covering Market Trend Evolution
- Latvia Floor Covering Market Drivers and Challenges
- Latvia Floor Covering Price Trends
- Latvia Floor Covering Porter`s Five Forces
- Latvia Floor Covering Industry Life Cycle
- Historical Data and Forecast of Latvia Floor Covering Market Revenues & Volume By Product for the Period 2021-2031
- Historical Data and Forecast of Latvia Floor Covering Market Revenues & Volume By Carpet and Area Rugs for the Period 2021-2031
- Historical Data and Forecast of Latvia Floor Covering Market Revenues & Volume By Wood Flooring for the Period 2021-2031
- Historical Data and Forecast of Latvia Floor Covering Market Revenues & Volume By Ceramic Tiles Flooring for the Period 2021-2031
- Historical Data and Forecast of Latvia Floor Covering Market Revenues & Volume By Laminate Flooring for the Period 2021-2031
- Historical Data and Forecast of Latvia Floor Covering Market Revenues & Volume By Vinyl Flooring for the Period 2021-2031
- Historical Data and Forecast of Latvia Floor Covering Market Revenues & Volume By Stone Flooring for the Period 2021-2031
- Historical Data and Forecast of Latvia Floor Covering Market Revenues & Volume By Other Products for the Period 2021-2031
- Historical Data and Forecast of Latvia Floor Covering Market Revenues & Volume By Distribution Channel for the Period 2021-2031
- Historical Data and Forecast of Latvia Floor Covering Market Revenues & Volume By Home Centers for the Period 2021-2031
- Historical Data and Forecast of Latvia Floor Covering Market Revenues & Volume By Flagship Stores for the Period 2021-2031
- Historical Data and Forecast of Latvia Floor Covering Market Revenues & Volume By Specialty Stores for the Period 2021-2031
- Historical Data and Forecast of Latvia Floor Covering Market Revenues & Volume By Online Stores for the Period 2021-2031
- Historical Data and Forecast of Latvia Floor Covering Market Revenues & Volume By Other for the Period 2021-2031
- Historical Data and Forecast of Latvia Floor Covering Market Revenues & Volume By End User for the Period 2021-2031
- Historical Data and Forecast of Latvia Floor Covering Market Revenues & Volume By Commercial for the Period 2021-2031
- Historical Data and Forecast of Latvia Floor Covering Market Revenues & Volume By Residential Replacement for the Period 2021-2031
- Historical Data and Forecast of Latvia Floor Covering Market Revenues & Volume By Builder for the Period 2021-2031
- Latvia Floor Covering Import Export Trade Statistics
- Market Opportunity Assessment By Product
- Market Opportunity Assessment By Distribution Channel
- Market Opportunity Assessment By End User
- Latvia Floor Covering Top Companies Market Share
- Latvia Floor Covering Competitive Benchmarking By Technical and Operational Parameters
- Latvia Floor Covering Company Profiles
- Latvia Floor Covering Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Floor Covering Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Floor Covering Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Floor Covering Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Floor Covering Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Floor Covering Market - Industry Life Cycle |
3.4 Latvia Floor Covering Market - Porter's Five Forces |
3.5 Latvia Floor Covering Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Floor Covering Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Latvia Floor Covering Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Floor Covering Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction activities in Latvia |
4.2.2 Increasing focus on home renovation and interior decoration |
4.2.3 Rise in disposable income of consumers |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Competition from alternative flooring options |
4.3.3 Economic uncertainties impacting consumer spending |
5 Latvia Floor Covering Market Trends |
6 Latvia Floor Covering Market Segmentations |
6.1 Latvia Floor Covering Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Floor Covering Market Revenues & Volume, By Carpet and Area Rugs, 2021-2031F |
6.1.3 Latvia Floor Covering Market Revenues & Volume, By Wood Flooring, 2021-2031F |
6.1.4 Latvia Floor Covering Market Revenues & Volume, By Ceramic Tiles Flooring, 2021-2031F |
6.1.5 Latvia Floor Covering Market Revenues & Volume, By Laminate Flooring, 2021-2031F |
6.1.6 Latvia Floor Covering Market Revenues & Volume, By Vinyl Flooring, 2021-2031F |
6.1.7 Latvia Floor Covering Market Revenues & Volume, By Stone Flooring, 2021-2031F |
6.2 Latvia Floor Covering Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Floor Covering Market Revenues & Volume, By Home Centers, 2021-2031F |
6.2.3 Latvia Floor Covering Market Revenues & Volume, By Flagship Stores, 2021-2031F |
6.2.4 Latvia Floor Covering Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.5 Latvia Floor Covering Market Revenues & Volume, By Online Stores, 2021-2031F |
6.2.6 Latvia Floor Covering Market Revenues & Volume, By Other? , 2021-2031F |
6.3 Latvia Floor Covering Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Floor Covering Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.3 Latvia Floor Covering Market Revenues & Volume, By Residential Replacement, 2021-2031F |
6.3.4 Latvia Floor Covering Market Revenues & Volume, By Builder, 2021-2031F |
7 Latvia Floor Covering Market Import-Export Trade Statistics |
7.1 Latvia Floor Covering Market Export to Major Countries |
7.2 Latvia Floor Covering Market Imports from Major Countries |
8 Latvia Floor Covering Market Key Performance Indicators |
8.1 Average selling price of floor coverings |
8.2 Number of new construction projects in Latvia |
8.3 Consumer confidence index in relation to home improvement spending |
9 Latvia Floor Covering Market - Opportunity Assessment |
9.1 Latvia Floor Covering Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Floor Covering Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Latvia Floor Covering Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Floor Covering Market - Competitive Landscape |
10.1 Latvia Floor Covering Market Revenue Share, By Companies, 2024 |
10.2 Latvia Floor Covering Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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