| Product Code: ETC5695760 | 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 |
Latvia`s industrial gaskets import market in 2024 saw significant contributions from top exporting countries like Germany, Sweden, Lithuania, Poland, and Norway. Despite a slight decline in growth rate from 2023 to 2024, the cumulative annual growth rate (CAGR) over the period 2020-24 remained strong at 6.75%. With a low Herfindahl-Hirschman Index (HHI) indicating low market concentration, Latvia`s industrial gaskets import sector appears diverse and resilient to fluctuations. Continued monitoring and strategic analysis will be crucial to capitalize on opportunities and navigate challenges within this dynamic market.

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 Industrial Gaskets Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Industrial Gaskets Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Industrial Gaskets Market - Industry Life Cycle |
3.4 Latvia Industrial Gaskets Market - Porter's Five Forces |
3.5 Latvia Industrial Gaskets Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Latvia Industrial Gaskets Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Latvia Industrial Gaskets Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrial activities in Latvia |
4.2.2 Growing demand for energy-efficient gaskets |
4.2.3 Stringent regulations regarding emissions and leakages in industries |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Intense competition from alternative sealing solutions |
4.3.3 Impact of economic downturns on industrial investments |
5 Latvia Industrial Gaskets Market Trends |
6 Latvia Industrial Gaskets Market Segmentations |
6.1 Latvia Industrial Gaskets Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Industrial Gaskets Market Revenues & Volume, By Semi-metallic, 2021-2031F |
6.1.3 Latvia Industrial Gaskets Market Revenues & Volume, By Non-metallic, 2021-2031F |
6.1.4 Latvia Industrial Gaskets Market Revenues & Volume, By Metallic, 2021-2031F |
6.2 Latvia Industrial Gaskets Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Industrial Gaskets Market Revenues & Volume, By Soft, 2021-2031F |
6.2.3 Latvia Industrial Gaskets Market Revenues & Volume, By Spiral Wound, 2021-2031F |
6.2.4 Latvia Industrial Gaskets Market Revenues & Volume, By Ring Joint, 2021-2031F |
6.2.5 Latvia Industrial Gaskets Market Revenues & Volume, By Kammprofile, 2021-2031F |
6.2.6 Latvia Industrial Gaskets Market Revenues & Volume, By Jacketed, 2021-2031F |
6.2.7 Latvia Industrial Gaskets Market Revenues & Volume, By Corrugated, 2021-2031F |
7 Latvia Industrial Gaskets Market Import-Export Trade Statistics |
7.1 Latvia Industrial Gaskets Market Export to Major Countries |
7.2 Latvia Industrial Gaskets Market Imports from Major Countries |
8 Latvia Industrial Gaskets Market Key Performance Indicators |
8.1 Number of new industrial projects in Latvia |
8.2 Adoption rate of eco-friendly gaskets in industries |
8.3 Compliance rate with industrial regulations for emissions and leakages |
8.4 Investment in research and development for gasket materials |
8.5 Rate of technological advancements in gasket manufacturing |
9 Latvia Industrial Gaskets Market - Opportunity Assessment |
9.1 Latvia Industrial Gaskets Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Latvia Industrial Gaskets Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Latvia Industrial Gaskets Market - Competitive Landscape |
10.1 Latvia Industrial Gaskets Market Revenue Share, By Companies, 2024 |
10.2 Latvia Industrial Gaskets Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |