| Product Code: ETC12918325 | 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 |
Latvia`s marine gel coat import market in 2024 saw top shipments coming from Italy, Lithuania, Germany, Poland, and Bulgaria. Despite a high concentration with a high Herfindahl-Hirschman Index (HHI), the market experienced a significant decline with a Compound Annual Growth Rate (CAGR) of -20.48% from 2020 to 2024. The growth rate from 2023 to 2024 plummeted by -89.79%, indicating a challenging year for the industry. Monitoring market trends and exploring strategies to stimulate growth will be crucial for stakeholders in the marine gel coat import sector 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 Marine Gel Coat Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Marine Gel Coat Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Marine Gel Coat Market - Industry Life Cycle |
3.4 Latvia Marine Gel Coat Market - Porter's Five Forces |
3.5 Latvia Marine Gel Coat Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Marine Gel Coat Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Latvia Marine Gel Coat Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Marine Gel Coat Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Marine Gel Coat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for recreational boating activities in Latvia |
4.2.2 Growing focus on marine tourism in the region |
4.2.3 Technological advancements leading to improved gel coat product offerings |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Stringent environmental regulations affecting manufacturing processes |
5 Latvia Marine Gel Coat Market Trends |
6 Latvia Marine Gel Coat Market, By Types |
6.1 Latvia Marine Gel Coat Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Marine Gel Coat Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Marine Gel Coat Market Revenues & Volume, By Polyester-Based, 2021 - 2031F |
6.1.4 Latvia Marine Gel Coat Market Revenues & Volume, By Epoxy-Based, 2021 - 2031F |
6.1.5 Latvia Marine Gel Coat Market Revenues & Volume, By Vinyl Ester-Based, 2021 - 2031F |
6.2 Latvia Marine Gel Coat Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Marine Gel Coat Market Revenues & Volume, By Polyester, 2021 - 2031F |
6.2.3 Latvia Marine Gel Coat Market Revenues & Volume, By Epoxy, 2021 - 2031F |
6.2.4 Latvia Marine Gel Coat Market Revenues & Volume, By Vinyl Ester, 2021 - 2031F |
6.3 Latvia Marine Gel Coat Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Marine Gel Coat Market Revenues & Volume, By Yacht Finishing, 2021 - 2031F |
6.3.3 Latvia Marine Gel Coat Market Revenues & Volume, By Commercial Boats, 2021 - 2031F |
6.3.4 Latvia Marine Gel Coat Market Revenues & Volume, By Naval Ships, 2021 - 2031F |
6.4 Latvia Marine Gel Coat Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Latvia Marine Gel Coat Market Revenues & Volume, By Private Owners, 2021 - 2031F |
6.4.3 Latvia Marine Gel Coat Market Revenues & Volume, By Manufacturers, 2021 - 2031F |
6.4.4 Latvia Marine Gel Coat Market Revenues & Volume, By Military, 2021 - 2031F |
7 Latvia Marine Gel Coat Market Import-Export Trade Statistics |
7.1 Latvia Marine Gel Coat Market Export to Major Countries |
7.2 Latvia Marine Gel Coat Market Imports from Major Countries |
8 Latvia Marine Gel Coat Market Key Performance Indicators |
8.1 Number of new boat registrations in Latvia |
8.2 Tourism revenue from marine activities in Latvia |
8.3 Research and development investment in marine gel coat technology |
9 Latvia Marine Gel Coat Market - Opportunity Assessment |
9.1 Latvia Marine Gel Coat Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Marine Gel Coat Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Latvia Marine Gel Coat Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Marine Gel Coat Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Marine Gel Coat Market - Competitive Landscape |
10.1 Latvia Marine Gel Coat Market Revenue Share, By Companies, 2024 |
10.2 Latvia Marine Gel Coat Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |