| Product Code: ETC12593653 | 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 |
In 2024, Latvia continues to see a steady influx of luxury vinyl tile flooring imports, with top exporters being Poland, China, Belgium, Germany, and the Netherlands. The market remains moderately concentrated, reflecting stable competition among key players. The compound annual growth rate (CAGR) from 2020 to 2024 stands at an impressive 12.06%, indicating sustained market expansion. Moreover, the growth rate from 2023 to 2024 is a notable 9.38%, underscoring the resilience and attractiveness of the luxury vinyl tile flooring segment in the Latvian 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 Luxury Vinyl Tile Flooring Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Luxury Vinyl Tile Flooring Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Luxury Vinyl Tile Flooring Market - Industry Life Cycle |
3.4 Latvia Luxury Vinyl Tile Flooring Market - Porter's Five Forces |
3.5 Latvia Luxury Vinyl Tile Flooring Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Luxury Vinyl Tile Flooring Market Revenues & Volume Share, By Installation Method, 2021 & 2031F |
3.7 Latvia Luxury Vinyl Tile Flooring Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Luxury Vinyl Tile Flooring Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for durable and low-maintenance flooring solutions. |
4.2.2 Growing trend towards home renovation and interior decoration. |
4.2.3 Rising focus on sustainable and eco-friendly flooring options. |
4.3 Market Restraints |
4.3.1 Price volatility of raw materials impacting production costs. |
4.3.2 Competition from other flooring materials like hardwood and ceramic tiles. |
4.3.3 Economic fluctuations affecting consumer spending on home improvement projects. |
5 Latvia Luxury Vinyl Tile Flooring Market Trends |
6 Latvia Luxury Vinyl Tile Flooring Market, By Types |
6.1 Latvia Luxury Vinyl Tile Flooring Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Luxury Vinyl Tile Flooring Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Luxury Vinyl Tile Flooring Market Revenues & Volume, By Rigid Core LVT, 2021 - 2031F |
6.1.4 Latvia Luxury Vinyl Tile Flooring Market Revenues & Volume, By Flexible LVT, 2021 - 2031F |
6.1.5 Latvia Luxury Vinyl Tile Flooring Market Revenues & Volume, By Waterproof LVT, 2021 - 2031F |
6.1.6 Latvia Luxury Vinyl Tile Flooring Market Revenues & Volume, By Decorative LVT, 2021 - 2031F |
6.1.7 Latvia Luxury Vinyl Tile Flooring Market Revenues & Volume, By Embossed LVT, 2021 - 2031F |
6.2 Latvia Luxury Vinyl Tile Flooring Market, By Installation Method |
6.2.1 Overview and Analysis |
6.2.2 Latvia Luxury Vinyl Tile Flooring Market Revenues & Volume, By Glue Down, 2021 - 2031F |
6.2.3 Latvia Luxury Vinyl Tile Flooring Market Revenues & Volume, By Floating, 2021 - 2031F |
6.2.4 Latvia Luxury Vinyl Tile Flooring Market Revenues & Volume, By Click-Lock, 2021 - 2031F |
6.2.5 Latvia Luxury Vinyl Tile Flooring Market Revenues & Volume, By Loose Lay, 2021 - 2031F |
6.3 Latvia Luxury Vinyl Tile Flooring Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Luxury Vinyl Tile Flooring Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.3 Latvia Luxury Vinyl Tile Flooring Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3.4 Latvia Luxury Vinyl Tile Flooring Market Revenues & Volume, By Hospitality, 2021 - 2031F |
7 Latvia Luxury Vinyl Tile Flooring Market Import-Export Trade Statistics |
7.1 Latvia Luxury Vinyl Tile Flooring Market Export to Major Countries |
7.2 Latvia Luxury Vinyl Tile Flooring Market Imports from Major Countries |
8 Latvia Luxury Vinyl Tile Flooring Market Key Performance Indicators |
8.1 Average installation time for luxury vinyl tile flooring projects. |
8.2 Percentage of residential versus commercial projects using luxury vinyl tile flooring. |
8.3 Number of new product innovations or designs introduced in the market. |
8.4 Customer satisfaction ratings for luxury vinyl tile flooring installations. |
8.5 Growth rate of luxury vinyl tile flooring adoption in new construction projects. |
9 Latvia Luxury Vinyl Tile Flooring Market - Opportunity Assessment |
9.1 Latvia Luxury Vinyl Tile Flooring Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Luxury Vinyl Tile Flooring Market Opportunity Assessment, By Installation Method, 2021 & 2031F |
9.3 Latvia Luxury Vinyl Tile Flooring Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Luxury Vinyl Tile Flooring Market - Competitive Landscape |
10.1 Latvia Luxury Vinyl Tile Flooring Market Revenue Share, By Companies, 2024 |
10.2 Latvia Luxury Vinyl Tile Flooring Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |