| Product Code: ETC7912234 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The golf cart import market in Latvia experienced significant growth in 2024, with top exporting countries including Estonia, Germany, Lithuania, Czechia, and the Netherlands. Despite the high concentration of market share, the industry saw a remarkable CAGR of 61.19% from 2020 to 2024. The growth rate in 2024 alone was an impressive 123.88%, indicating a strong demand for golf carts in Latvia. This data suggests a promising outlook for the golf cart import industry in the country.

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 Golf Cart Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Golf Cart Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Golf Cart Market - Industry Life Cycle |
3.4 Latvia Golf Cart Market - Porter's Five Forces |
3.5 Latvia Golf Cart Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Golf Cart Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Golf Cart Market Revenues & Volume Share, By Seating Capacity, 2021 & 2031F |
4 Latvia Golf Cart Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing popularity of golf as a recreational activity in Latvia |
4.2.2 Increasing focus on sustainable and eco-friendly transportation solutions |
4.2.3 Rising disposable income levels and leisure spending in the region |
4.3 Market Restraints |
4.3.1 High initial cost of purchasing golf carts |
4.3.2 Limited awareness and understanding of the benefits of golf carts among potential buyers |
4.3.3 Lack of proper infrastructure and facilities for golfing in certain regions of Latvia |
5 Latvia Golf Cart Market Trends |
6 Latvia Golf Cart Market, By Types |
6.1 Latvia Golf Cart Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Golf Cart Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Golf Cart Market Revenues & Volume, By Electric Golf Cart, 2021- 2031F |
6.1.4 Latvia Golf Cart Market Revenues & Volume, By Gasoline Golf Cart, 2021- 2031F |
6.1.5 Latvia Golf Cart Market Revenues & Volume, By Solar Golf Cart, 2021- 2031F |
6.2 Latvia Golf Cart Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Golf Cart Market Revenues & Volume, By Golf Course, 2021- 2031F |
6.2.3 Latvia Golf Cart Market Revenues & Volume, By Personal Services, 2021- 2031F |
6.2.4 Latvia Golf Cart Market Revenues & Volume, By Commercial Services, 2021- 2031F |
6.3 Latvia Golf Cart Market, By Seating Capacity |
6.3.1 Overview and Analysis |
6.3.2 Latvia Golf Cart Market Revenues & Volume, By Small (2-4 Seater), 2021- 2031F |
6.3.3 Latvia Golf Cart Market Revenues & Volume, By Medium (6-8 Seater), 2021- 2031F |
6.3.4 Latvia Golf Cart Market Revenues & Volume, By Large (Above 8 Seats), 2021- 2031F |
7 Latvia Golf Cart Market Import-Export Trade Statistics |
7.1 Latvia Golf Cart Market Export to Major Countries |
7.2 Latvia Golf Cart Market Imports from Major Countries |
8 Latvia Golf Cart Market Key Performance Indicators |
8.1 Average utilization rate of golf courses in Latvia |
8.2 Number of golf cart rental services established in the region |
8.3 Percentage increase in the adoption of electric golf carts in Latvia |
8.4 Average distance traveled by golf carts in a given period |
8.5 Customer satisfaction scores related to golf cart usage and services |
9 Latvia Golf Cart Market - Opportunity Assessment |
9.1 Latvia Golf Cart Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Golf Cart Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Golf Cart Market Opportunity Assessment, By Seating Capacity, 2021 & 2031F |
10 Latvia Golf Cart Market - Competitive Landscape |
10.1 Latvia Golf Cart Market Revenue Share, By Companies, 2024 |
10.2 Latvia Golf Cart Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |