| Product Code: ETC5376845 | 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 |
The hotel furniture import market in Latvia saw significant growth in 2024, with top exporting countries being Lithuania, China, Germany, Poland, and Sweden. The market concentration shifted from low to moderate, indicating increased competition among suppliers. The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 11.71%, with a notable growth rate of 14.91% from 2023 to 2024. This data suggests a strong demand for hotel furniture in Latvia, with diverse sourcing options and healthy market dynamics.

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 Hotel Furniture Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Hotel Furniture Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Hotel Furniture Market - Industry Life Cycle |
3.4 Latvia Hotel Furniture Market - Porter's Five Forces |
3.5 Latvia Hotel Furniture Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Latvia Hotel Furniture Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Latvia Hotel Furniture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the tourism industry in Latvia |
4.2.2 Increasing demand for modern and stylish hotel furniture |
4.2.3 Government initiatives to promote hospitality sector development |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Intense competition from international furniture manufacturers |
4.3.3 Economic uncertainties impacting investment in hotel infrastructure |
5 Latvia Hotel Furniture Market Trends |
6 Latvia Hotel Furniture Market Segmentations |
6.1 Latvia Hotel Furniture Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Latvia Hotel Furniture Market Revenues & Volume, By Table and Chairs, 2021-2031F |
6.1.3 Latvia Hotel Furniture Market Revenues & Volume, By Hotel Beds, 2021-2031F |
6.1.4 Latvia Hotel Furniture Market Revenues & Volume, By Hotel Casegoods, 2021-2031F |
6.1.5 Latvia Hotel Furniture Market Revenues & Volume, By Other, 2021-2031F |
6.2 Latvia Hotel Furniture Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Latvia Hotel Furniture Market Revenues & Volume, By Business Hotel, 2021-2031F |
6.2.3 Latvia Hotel Furniture Market Revenues & Volume, By Luxury Hotel, 2021-2031F |
6.2.4 Latvia Hotel Furniture Market Revenues & Volume, By Boutique Hotel, 2021-2031F |
6.2.5 Latvia Hotel Furniture Market Revenues & Volume, By Other, 2021-2031F |
7 Latvia Hotel Furniture Market Import-Export Trade Statistics |
7.1 Latvia Hotel Furniture Market Export to Major Countries |
7.2 Latvia Hotel Furniture Market Imports from Major Countries |
8 Latvia Hotel Furniture Market Key Performance Indicators |
8.1 Average occupancy rate of hotels in Latvia |
8.2 Average length of stay of tourists in Latvia |
8.3 Number of new hotel projects announced in Latvia |
9 Latvia Hotel Furniture Market - Opportunity Assessment |
9.1 Latvia Hotel Furniture Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Latvia Hotel Furniture Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Latvia Hotel Furniture Market - Competitive Landscape |
10.1 Latvia Hotel Furniture Market Revenue Share, By Companies, 2024 |
10.2 Latvia Hotel Furniture Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |