| Product Code: ETC12484597 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The import shipments of hydration backpacks to Latvia saw a significant increase in 2024, with top exporters including China, Poland, Germany, Belgium, and Lithuania. The Herfindahl-Hirschman Index (HHI) indicated a shift from low to moderate concentration, reflecting a more competitive market landscape. The impressive Compound Annual Growth Rate (CAGR) of 20.11% from 2020 to 2024 demonstrates a strong upward trend in demand. Additionally, the growth rate of 16.94% from 2023 to 2024 highlights a continued expansion in the market for hydration backpacks in Latvia.

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 Hydration Backpack Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Hydration Backpack Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Hydration Backpack Market - Industry Life Cycle |
3.4 Latvia Hydration Backpack Market - Porter's Five Forces |
3.5 Latvia Hydration Backpack Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Hydration Backpack Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.7 Latvia Hydration Backpack Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Latvia Hydration Backpack Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Hydration Backpack Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Hydration Backpack Market Trends |
6 Latvia Hydration Backpack Market, By Types |
6.1 Latvia Hydration Backpack Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Hydration Backpack Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Latvia Hydration Backpack Market Revenues & Volume, By Hiking Hydration Backpacks, 2021 - 2031F |
6.1.4 Latvia Hydration Backpack Market Revenues & Volume, By Running Hydration Backpacks, 2021 - 2031F |
6.1.5 Latvia Hydration Backpack Market Revenues & Volume, By Cycling Hydration Backpacks, 2021 - 2031F |
6.1.6 Latvia Hydration Backpack Market Revenues & Volume, By Military Hydration Backpacks, 2021 - 2031F |
6.2 Latvia Hydration Backpack Market, By Technology Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Hydration Backpack Market Revenues & Volume, By Insulated Bladder System, 2021 - 2031F |
6.2.3 Latvia Hydration Backpack Market Revenues & Volume, By Lightweight Materials, 2021 - 2031F |
6.2.4 Latvia Hydration Backpack Market Revenues & Volume, By Quick-access Drinking Valve, 2021 - 2031F |
6.2.5 Latvia Hydration Backpack Market Revenues & Volume, By Tactical Durability, 2021 - 2031F |
6.3 Latvia Hydration Backpack Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Hydration Backpack Market Revenues & Volume, By Outdoor Enthusiasts, 2021 - 2031F |
6.3.3 Latvia Hydration Backpack Market Revenues & Volume, By Marathon Runners, 2021 - 2031F |
6.3.4 Latvia Hydration Backpack Market Revenues & Volume, By Cyclists, 2021 - 2031F |
6.3.5 Latvia Hydration Backpack Market Revenues & Volume, By Defense Personnel, 2021 - 2031F |
6.4 Latvia Hydration Backpack Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Hydration Backpack Market Revenues & Volume, By Trekking, 2021 - 2031F |
6.4.3 Latvia Hydration Backpack Market Revenues & Volume, By Long-distance Running, 2021 - 2031F |
6.4.4 Latvia Hydration Backpack Market Revenues & Volume, By Endurance Sports, 2021 - 2031F |
6.4.5 Latvia Hydration Backpack Market Revenues & Volume, By Military Operations, 2021 - 2031F |
7 Latvia Hydration Backpack Market Import-Export Trade Statistics |
7.1 Latvia Hydration Backpack Market Export to Major Countries |
7.2 Latvia Hydration Backpack Market Imports from Major Countries |
8 Latvia Hydration Backpack Market Key Performance Indicators |
9 Latvia Hydration Backpack Market - Opportunity Assessment |
9.1 Latvia Hydration Backpack Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Hydration Backpack Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.3 Latvia Hydration Backpack Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Latvia Hydration Backpack Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Hydration Backpack Market - Competitive Landscape |
10.1 Latvia Hydration Backpack Market Revenue Share, By Companies, 2024 |
10.2 Latvia Hydration Backpack Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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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