Latvia Life Jacket Market (2025-2031) | Segmentation, Trends, Companies, Share, Size, Outlook, Analysis, Forecast, Industry, Value, Growth & Revenue
Market Forecast By Product Type (7lbs Inherent Life Jackets, 7lbs-15.5lbs Inherent Life Jackets, 15.5lbs-22lbs Inherent Life Jackets, 22lbs Inherent Life Jackets, 22.5lbs-34lbs Inflatable Life Jackets, 34lbs Inflatable Life Jackets), By End-User (Watersports, Day Sailing, Fishing, Offshore Sail, Offshore Power, Paddle sports, Commercial Vessels), By Material Type (Foam, Nylon, Plastic), By Distribution Channel (Hypermarket/Supermarket, Departmental Stores, Online Retail, Sport Stores, Others) And Competitive Landscape
| Product Code: ETC4969067 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Latvia Life Jacket Market Top 5 Importing Countries and Market Competition (HHI) Analysis
Latvia`s life jacket import market in 2024 continued to see a high concentration of shipments from top exporting countries such as Estonia, Poland, USA, Finland, and Sweden. Despite a challenging CAGR of -6.36% from 2020 to 2024, the growth rate in 2024 showed a further decline of -10.36%. This suggests a tough market environment for life jacket imports in Latvia, possibly impacted by various factors influencing the demand and supply dynamics in the industry. Stakeholders may need to assess strategies to navigate these challenges and drive growth in the coming years.
Life Jacket Market: Latvia vs Top 5 Major Economies in 2027 (Europe)
The Life Jacket market in Latvia is projected to grow at a stable growth rate of 3.96% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.
Key Highlights of the Report:
- Latvia Life Jacket Market Outlook
- Market Size of Latvia Life Jacket Market, 2024
- Forecast of Latvia Life Jacket Market, 2031
- Historical Data and Forecast of Latvia Life Jacket Revenues & Volume for the Period 2021-2031
- Latvia Life Jacket Market Trend Evolution
- Latvia Life Jacket Market Drivers and Challenges
- Latvia Life Jacket Price Trends
- Latvia Life Jacket Porter`s Five Forces
- Latvia Life Jacket Industry Life Cycle
- Historical Data and Forecast of Latvia Life Jacket Market Revenues & Volume By Product Type for the Period 2021-2031
- Historical Data and Forecast of Latvia Life Jacket Market Revenues & Volume By 7lbs Inherent Life Jackets for the Period 2021-2031
- Historical Data and Forecast of Latvia Life Jacket Market Revenues & Volume By 7lbs-15.5lbs Inherent Life Jackets for the Period 2021-2031
- Historical Data and Forecast of Latvia Life Jacket Market Revenues & Volume By 15.5lbs-22lbs Inherent Life Jackets for the Period 2021-2031
- Historical Data and Forecast of Latvia Life Jacket Market Revenues & Volume By 22lbs Inherent Life Jackets for the Period 2021-2031
- Historical Data and Forecast of Latvia Life Jacket Market Revenues & Volume By 22.5lbs-34lbs Inflatable Life Jackets for the Period 2021-2031
- Historical Data and Forecast of Latvia Life Jacket Market Revenues & Volume By 34lbs Inflatable Life Jackets for the Period 2021-2031
- Historical Data and Forecast of Latvia Life Jacket Market Revenues & Volume By End-User for the Period 2021-2031
- Historical Data and Forecast of Latvia Life Jacket Market Revenues & Volume By Watersports for the Period 2021-2031
- Historical Data and Forecast of Latvia Life Jacket Market Revenues & Volume By Day Sailing for the Period 2021-2031
- Historical Data and Forecast of Latvia Life Jacket Market Revenues & Volume By Fishing for the Period 2021-2031
- Historical Data and Forecast of Latvia Life Jacket Market Revenues & Volume By Offshore Sail for the Period 2021-2031
- Historical Data and Forecast of Latvia Life Jacket Market Revenues & Volume By Offshore Power for the Period 2021-2031
- Historical Data and Forecast of Latvia Life Jacket Market Revenues & Volume By Paddle sports for the Period 2021-2031
- Historical Data and Forecast of Latvia Life Jacket Market Revenues & Volume By Commercial Vessels for the Period 2021-2031
- Historical Data and Forecast of Latvia Life Jacket Market Revenues & Volume By Material Type for the Period 2021-2031
- Historical Data and Forecast of Latvia Life Jacket Market Revenues & Volume By Foam for the Period 2021-2031
- Historical Data and Forecast of Latvia Life Jacket Market Revenues & Volume By Nylon for the Period 2021-2031
- Historical Data and Forecast of Latvia Life Jacket Market Revenues & Volume By Plastic for the Period 2021-2031
- Historical Data and Forecast of Latvia Life Jacket Market Revenues & Volume By Distribution Channel for the Period 2021-2031
- Historical Data and Forecast of Latvia Life Jacket Market Revenues & Volume By Hypermarket/Supermarket for the Period 2021-2031
- Historical Data and Forecast of Latvia Life Jacket Market Revenues & Volume By Departmental Stores for the Period 2021-2031
- Historical Data and Forecast of Latvia Life Jacket Market Revenues & Volume By Online Retail for the Period 2021-2031
- Historical Data and Forecast of Latvia Life Jacket Market Revenues & Volume By Sport Stores for the Period 2021-2031
- Historical Data and Forecast of Latvia Life Jacket Market Revenues & Volume By Others for the Period 2021-2031
- Latvia Life Jacket Import Export Trade Statistics
- Market Opportunity Assessment By Product Type
- Market Opportunity Assessment By End-User
- Market Opportunity Assessment By Material Type
- Market Opportunity Assessment By Distribution Channel
- Latvia Life Jacket Top Companies Market Share
- Latvia Life Jacket Competitive Benchmarking By Technical and Operational Parameters
- Latvia Life Jacket Company Profiles
- Latvia Life Jacket Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Life Jacket Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Life Jacket Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Life Jacket Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Life Jacket Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Life Jacket Market - Industry Life Cycle |
3.4 Latvia Life Jacket Market - Porter's Five Forces |
3.5 Latvia Life Jacket Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Life Jacket Market Revenues & Volume Share, By End-User, 2021 & 2031F |
3.7 Latvia Life Jacket Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.8 Latvia Life Jacket Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Life Jacket Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on water safety and awareness about the importance of using life jackets |
4.2.2 Growing popularity of water sports and recreational activities in Latvia |
4.2.3 Stringent regulations and enforcement for mandatory use of life jackets in boating activities |
4.3 Market Restraints |
4.3.1 Seasonal demand fluctuations based on weather conditions |
4.3.2 Price sensitivity among consumers due to the availability of cheaper alternatives |
4.3.3 Limited awareness and education about different types and benefits of life jackets |
5 Latvia Life Jacket Market Trends |
6 Latvia Life Jacket Market Segmentations |
6.1 Latvia Life Jacket Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Life Jacket Market Revenues & Volume, By 7lbs Inherent Life Jackets, 2021-2031F |
6.1.3 Latvia Life Jacket Market Revenues & Volume, By 7lbs-15.5lbs Inherent Life Jackets, 2021-2031F |
6.1.4 Latvia Life Jacket Market Revenues & Volume, By 15.5lbs-22lbs Inherent Life Jackets, 2021-2031F |
6.1.5 Latvia Life Jacket Market Revenues & Volume, By 22lbs Inherent Life Jackets, 2021-2031F | 6.1.7 Latvia Life Jacket Market Revenues & Volume, By 22.5lbs-34lbs Inflatable Life Jackets, 2021-2031F | 6.1.8 Latvia Life Jacket Market Revenues & Volume, By 34lbs Inflatable Life Jackets, 2021-2031F |
6.2 Latvia Life Jacket Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Latvia Life Jacket Market Revenues & Volume, By Watersports, 2021-2031F |
6.2.3 Latvia Life Jacket Market Revenues & Volume, By Day Sailing, 2021-2031F |
6.2.4 Latvia Life Jacket Market Revenues & Volume, By Fishing, 2021-2031F |
6.2.5 Latvia Life Jacket Market Revenues & Volume, By Offshore Sail, 2021-2031F |
6.2.6 Latvia Life Jacket Market Revenues & Volume, By Offshore Power, 2021-2031F |
6.2.7 Latvia Life Jacket Market Revenues & Volume, By Paddle sports, 2021-2031F |
6.3 Latvia Life Jacket Market, By Material Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Life Jacket Market Revenues & Volume, By Foam, 2021-2031F |
6.3.3 Latvia Life Jacket Market Revenues & Volume, By Nylon, 2021-2031F |
6.3.4 Latvia Life Jacket Market Revenues & Volume, By Plastic, 2021-2031F |
6.4 Latvia Life Jacket Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Latvia Life Jacket Market Revenues & Volume, By Hypermarket/Supermarket, 2021-2031F |
6.4.3 Latvia Life Jacket Market Revenues & Volume, By Departmental Stores, 2021-2031F |
6.4.4 Latvia Life Jacket Market Revenues & Volume, By Online Retail, 2021-2031F |
6.4.5 Latvia Life Jacket Market Revenues & Volume, By Sport Stores, 2021-2031F |
6.4.6 Latvia Life Jacket Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Life Jacket Market Import-Export Trade Statistics |
7.1 Latvia Life Jacket Market Export to Major Countries |
7.2 Latvia Life Jacket Market Imports from Major Countries |
8 Latvia Life Jacket Market Key Performance Indicators |
8.1 Number of water sports and recreational activities events held in Latvia |
8.2 Percentage of population using life jackets during boating and water activities |
8.3 Rate of compliance with regulations mandating the use of life jackets |
8.4 Number of reported water-related accidents and fatalities |
8.5 Customer satisfaction and feedback on the comfort and quality of life jackets |
9 Latvia Life Jacket Market - Opportunity Assessment |
9.1 Latvia Life Jacket Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Life Jacket Market Opportunity Assessment, By End-User, 2021 & 2031F |
9.3 Latvia Life Jacket Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.4 Latvia Life Jacket Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Life Jacket Market - Competitive Landscape |
10.1 Latvia Life Jacket Market Revenue Share, By Companies, 2024 |
10.2 Latvia Life Jacket Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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