| Product Code: ETC12542965 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Latvia continues to rely heavily on liquid applied membrane imports, with Lithuania, Poland, Italy, Finland, and Germany emerging as top exporting countries. Despite a high concentration level indicated by the Herfindahl-Hirschman Index (HHI), the market experienced a slight decline in compound annual growth rate (CAGR) from 2020-24 at -0.17%. The negative growth rate in 2023-24 at -6.3% signals a challenging year ahead for the industry, highlighting the need for strategic measures to stimulate demand and drive market recovery.

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 Liquid Applied Membrane Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Liquid Applied Membrane Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Liquid Applied Membrane Market - Industry Life Cycle |
3.4 Latvia Liquid Applied Membrane Market - Porter's Five Forces |
3.5 Latvia Liquid Applied Membrane Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.6 Latvia Liquid Applied Membrane Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Liquid Applied Membrane Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Latvia Liquid Applied Membrane Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Latvia Liquid Applied Membrane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Liquid Applied Membrane Market Trends |
6 Latvia Liquid Applied Membrane Market, By Types |
6.1 Latvia Liquid Applied Membrane Market, By Technology Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Liquid Applied Membrane Market Revenues & Volume, By Technology Type, 2021 - 2031F |
6.1.3 Latvia Liquid Applied Membrane Market Revenues & Volume, By Bituminous, 2021 - 2031F |
6.1.4 Latvia Liquid Applied Membrane Market Revenues & Volume, By Cementitious, 2021 - 2031F |
6.1.5 Latvia Liquid Applied Membrane Market Revenues & Volume, By Polyurethane, 2021 - 2031F |
6.1.6 Latvia Liquid Applied Membrane Market Revenues & Volume, By Acrylic, 2021 - 2031F |
6.2 Latvia Liquid Applied Membrane Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Liquid Applied Membrane Market Revenues & Volume, By Roofing, 2021 - 2031F |
6.2.3 Latvia Liquid Applied Membrane Market Revenues & Volume, By Waterproofing, 2021 - 2031F |
6.2.4 Latvia Liquid Applied Membrane Market Revenues & Volume, By Building Structures, 2021 - 2031F |
6.2.5 Latvia Liquid Applied Membrane Market Revenues & Volume, By Bridge Decks, 2021 - 2031F |
6.3 Latvia Liquid Applied Membrane Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Liquid Applied Membrane Market Revenues & Volume, By Construction Companies, 2021 - 2031F |
6.3.3 Latvia Liquid Applied Membrane Market Revenues & Volume, By Infrastructure Developers, 2021 - 2031F |
6.3.4 Latvia Liquid Applied Membrane Market Revenues & Volume, By Real Estate Developers, 2021 - 2031F |
6.3.5 Latvia Liquid Applied Membrane Market Revenues & Volume, By Government Agencies, 2021 - 2031F |
6.4 Latvia Liquid Applied Membrane Market, By Product Type |
6.4.1 Overview and Analysis |
6.4.2 Latvia Liquid Applied Membrane Market Revenues & Volume, By Liquid Applied Membranes, 2021 - 2031F |
7 Latvia Liquid Applied Membrane Market Import-Export Trade Statistics |
7.1 Latvia Liquid Applied Membrane Market Export to Major Countries |
7.2 Latvia Liquid Applied Membrane Market Imports from Major Countries |
8 Latvia Liquid Applied Membrane Market Key Performance Indicators |
9 Latvia Liquid Applied Membrane Market - Opportunity Assessment |
9.1 Latvia Liquid Applied Membrane Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.2 Latvia Liquid Applied Membrane Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Liquid Applied Membrane Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Latvia Liquid Applied Membrane Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Latvia Liquid Applied Membrane Market - Competitive Landscape |
10.1 Latvia Liquid Applied Membrane Market Revenue Share, By Companies, 2024 |
10.2 Latvia Liquid Applied Membrane 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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