Latvia Hand Dryers Market (2025-2031) | Revenue, Analysis, Share, Size, Companies, Segmentation, Growth, Forecast, Trends, Value, Outlook & Industry

Name: Latvia Hand Dryers Market (2025-2031) | Industry & Outlook Growth
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Hand Dryers Market, Latvia Hand Dryers Market, Latvia Hand Dryers Market Revenues, Latvia Hand Dryers Market Share, Latvia Hand Dryers Market Size, Latvia Hand Dryers Market Outlook, Latvia Hand Dryers Market Report, Latvia Hand Dryers Market Competition, Latvia Hand Dryers Market Overview, Latvia Hand Dryers Market Trends, Latvia Hand Dryers Market Forecast

Market Forecast By Product Type (Jet Air, Hot Air), By Operation Mode (Manual On-Automatic Off, Fully Automatic), By Mounting Technique (Surface Mounted, Wall Mounted), By End-users (Airports, Hotel & Restaurants, Hospitals, Offices, Shopping Malls, Others) And Competitive Landscape

Product Code: ETC4797364	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

Latvia Hand Dryers Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Latvia continued to see a steady flow of hand dryer imports, with top suppliers including Spain, Lithuania, Poland, Germany, and Italy. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a slight decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-2024 remained strong at 11.79%. This suggests a consistent demand for hand dryers in the Latvian market, with key players maintaining their presence and competition.

Latvia Hand Dryers Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Latvia Hand Dryers Market Outlook
Market Size of Latvia Hand Dryers Market, 2024
Forecast of Latvia Hand Dryers Market, 2031
Historical Data and Forecast of Latvia Hand Dryers Revenues & Volume for the Period 2021-2031
Latvia Hand Dryers Market Trend Evolution
Latvia Hand Dryers Market Drivers and Challenges
Latvia Hand Dryers Price Trends
Latvia Hand Dryers Porter`s Five Forces
Latvia Hand Dryers Industry Life Cycle
Historical Data and Forecast of Latvia Hand Dryers Market Revenues & Volume By Product Type for the Period 2021-2031
Historical Data and Forecast of Latvia Hand Dryers Market Revenues & Volume By Jet Air for the Period 2021-2031
Historical Data and Forecast of Latvia Hand Dryers Market Revenues & Volume By Hot Air for the Period 2021-2031
Historical Data and Forecast of Latvia Hand Dryers Market Revenues & Volume By Operation Mode for the Period 2021-2031
Historical Data and Forecast of Latvia Hand Dryers Market Revenues & Volume By Manual On-Automatic Off for the Period 2021-2031
Historical Data and Forecast of Latvia Hand Dryers Market Revenues & Volume By Fully Automatic for the Period 2021-2031
Historical Data and Forecast of Latvia Hand Dryers Market Revenues & Volume By Mounting Technique for the Period 2021-2031
Historical Data and Forecast of Latvia Hand Dryers Market Revenues & Volume By Surface Mounted for the Period 2021-2031
Historical Data and Forecast of Latvia Hand Dryers Market Revenues & Volume By Wall Mounted for the Period 2021-2031
Historical Data and Forecast of Latvia Hand Dryers Market Revenues & Volume By End-users for the Period 2021-2031
Historical Data and Forecast of Latvia Hand Dryers Market Revenues & Volume By Airports for the Period 2021-2031
Historical Data and Forecast of Latvia Hand Dryers Market Revenues & Volume By Hotel & Restaurants for the Period 2021-2031
Historical Data and Forecast of Latvia Hand Dryers Market Revenues & Volume By Hospitals for the Period 2021-2031
Historical Data and Forecast of Latvia Hand Dryers Market Revenues & Volume By Offices for the Period 2021-2031
Historical Data and Forecast of Latvia Hand Dryers Market Revenues & Volume By Shopping Malls for the Period 2021-2031
Historical Data and Forecast of Latvia Hand Dryers Market Revenues & Volume By Others for the Period 2021-2031
Latvia Hand Dryers Import Export Trade Statistics
Market Opportunity Assessment By Product Type
Market Opportunity Assessment By Operation Mode
Market Opportunity Assessment By Mounting Technique
Market Opportunity Assessment By End-users
Latvia Hand Dryers Top Companies Market Share
Latvia Hand Dryers Competitive Benchmarking By Technical and Operational Parameters
Latvia Hand Dryers Company Profiles
Latvia Hand Dryers Key Strategic Recommendations

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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 Hand Dryers Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Hand Dryers Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Hand Dryers Market - Industry Life Cycle

3.4 Latvia Hand Dryers Market - Porter's Five Forces

3.5 Latvia Hand Dryers Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.6 Latvia Hand Dryers Market Revenues & Volume Share, By Operation Mode, 2021 & 2031F

3.7 Latvia Hand Dryers Market Revenues & Volume Share, By Mounting Technique, 2021 & 2031F

3.8 Latvia Hand Dryers Market Revenues & Volume Share, By End-users, 2021 & 2031F

4 Latvia Hand Dryers Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing focus on hygiene and sanitation in public places

4.2.2 Growing awareness about environmental sustainability and energy efficiency

4.2.3 Modernization of infrastructure and facilities in commercial buildings

4.3 Market Restraints

4.3.1 High initial investment cost for installing hand dryers

4.3.2 Competition from alternative hand drying solutions like paper towels

4.3.3 Lack of awareness and education about the benefits of hand dryers in some regions

5 Latvia Hand Dryers Market Trends

6 Latvia Hand Dryers Market Segmentations

6.1 Latvia Hand Dryers Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 Latvia Hand Dryers Market Revenues & Volume, By Jet Air, 2021-2031F

6.1.3 Latvia Hand Dryers Market Revenues & Volume, By Hot Air, 2021-2031F

6.2 Latvia Hand Dryers Market, By Operation Mode

6.2.1 Overview and Analysis

6.2.2 Latvia Hand Dryers Market Revenues & Volume, By Manual On-Automatic Off, 2021-2031F

6.2.3 Latvia Hand Dryers Market Revenues & Volume, By Fully Automatic, 2021-2031F

6.3 Latvia Hand Dryers Market, By Mounting Technique

6.3.1 Overview and Analysis

6.3.2 Latvia Hand Dryers Market Revenues & Volume, By Surface Mounted, 2021-2031F

6.3.3 Latvia Hand Dryers Market Revenues & Volume, By Wall Mounted, 2021-2031F

6.4 Latvia Hand Dryers Market, By End-users

6.4.1 Overview and Analysis

6.4.2 Latvia Hand Dryers Market Revenues & Volume, By Airports, 2021-2031F

6.4.3 Latvia Hand Dryers Market Revenues & Volume, By Hotel & Restaurants, 2021-2031F

6.4.4 Latvia Hand Dryers Market Revenues & Volume, By Hospitals, 2021-2031F

6.4.5 Latvia Hand Dryers Market Revenues & Volume, By Offices, 2021-2031F

6.4.6 Latvia Hand Dryers Market Revenues & Volume, By Shopping Malls, 2021-2031F

6.4.7 Latvia Hand Dryers Market Revenues & Volume, By Others, 2021-2031F

7 Latvia Hand Dryers Market Import-Export Trade Statistics

7.1 Latvia Hand Dryers Market Export to Major Countries

7.2 Latvia Hand Dryers Market Imports from Major Countries

8 Latvia Hand Dryers Market Key Performance Indicators

8.1 Energy efficiency ratings of hand dryers

8.2 Maintenance and downtime frequency of hand dryers

8.3 Customer satisfaction and feedback on the performance of hand dryers

9 Latvia Hand Dryers Market - Opportunity Assessment

9.1 Latvia Hand Dryers Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.2 Latvia Hand Dryers Market Opportunity Assessment, By Operation Mode, 2021 & 2031F

9.3 Latvia Hand Dryers Market Opportunity Assessment, By Mounting Technique, 2021 & 2031F

9.4 Latvia Hand Dryers Market Opportunity Assessment, By End-users, 2021 & 2031F

10 Latvia Hand Dryers Market - Competitive Landscape

10.1 Latvia Hand Dryers Market Revenue Share, By Companies, 2024

10.2 Latvia Hand Dryers Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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