| Product Code: ETC5033971 | 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 games and puzzles import market in Latvia continues to show steady growth, with a diverse range of suppliers from neighboring countries such as Czechia, Lithuania, Estonia, Poland, and Germany. The market remains competitive with a low concentration level, allowing for a variety of choices for Latvian consumers. Despite a slight decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 stands at a healthy 5.07%, indicating sustained interest and demand for imported games and puzzles in Latvia.

The Games and Puzzles market in Latvia is projected to grow at a stable growth rate of 0.63% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.

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 Games and Puzzles Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Games and Puzzles Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Games and Puzzles Market - Industry Life Cycle |
3.4 Latvia Games and Puzzles Market - Porter's Five Forces |
3.5 Latvia Games and Puzzles Market Revenues & Volume Share, By Licensing, 2021 & 2031F |
3.6 Latvia Games and Puzzles Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Latvia Games and Puzzles Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Latvia Games and Puzzles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing popularity of board games and puzzles as a recreational activity. |
4.2.2 Growing focus on mental wellness and cognitive development through games and puzzles. |
4.2.3 Rising disposable income leading to higher spending on leisure activities. |
4.3 Market Restraints |
4.3.1 Competition from digital and online gaming platforms. |
4.3.2 Limited innovation in traditional games and puzzles. |
4.3.3 Economic uncertainty impacting consumer discretionary spending. |
5 Latvia Games and Puzzles Market Trends |
6 Latvia Games and Puzzles Market Segmentations |
6.1 Latvia Games and Puzzles Market, By Licensing |
6.1.1 Overview and Analysis |
6.1.2 Latvia Games and Puzzles Market Revenues & Volume, By Licensed, 2021-2031F |
6.1.3 Latvia Games and Puzzles Market Revenues & Volume, By Non-licensed, 2021-2031F |
6.2 Latvia Games and Puzzles Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Games and Puzzles Market Revenues & Volume, By E-commerce, 2021-2031F |
6.2.3 Latvia Games and Puzzles Market Revenues & Volume, By Brick & Mortar, 2021-2031F |
6.3 Latvia Games and Puzzles Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Games and Puzzles Market Revenues & Volume, By Games, 2021-2031F |
6.3.3 Latvia Games and Puzzles Market Revenues & Volume, By Puzzles, 2021-2031F |
7 Latvia Games and Puzzles Market Import-Export Trade Statistics |
7.1 Latvia Games and Puzzles Market Export to Major Countries |
7.2 Latvia Games and Puzzles Market Imports from Major Countries |
8 Latvia Games and Puzzles Market Key Performance Indicators |
8.1 Average time spent on playing games and puzzles per capita. |
8.2 Number of new game and puzzle releases in the market. |
8.3 Percentage of households with children investing in games and puzzles for educational purposes. |
9 Latvia Games and Puzzles Market - Opportunity Assessment |
9.1 Latvia Games and Puzzles Market Opportunity Assessment, By Licensing, 2021 & 2031F |
9.2 Latvia Games and Puzzles Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Latvia Games and Puzzles Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Latvia Games and Puzzles Market - Competitive Landscape |
10.1 Latvia Games and Puzzles Market Revenue Share, By Companies, 2024 |
10.2 Latvia Games and Puzzles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |