| Product Code: ETC5335881 | 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 |
Despite a decline in growth rate from 2023 to 2024, Latvia continues to heavily rely on imports of mass timber, with Finland, Estonia, Sweden, Ukraine, and Lithuania being the top exporting countries in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The negative compound annual growth rate (CAGR) from 2020 to 2024 suggests challenges in the industry, possibly due to various factors such as economic conditions or changes in demand. Monitoring these trends can provide valuable insights for stakeholders in the mass timber 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 Mass Timber Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Mass Timber Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Mass Timber Market - Industry Life Cycle |
3.4 Latvia Mass Timber Market - Porter's Five Forces |
3.5 Latvia Mass Timber Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Mass Timber Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Mass Timber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable and eco-friendly construction materials |
4.2.2 Government initiatives promoting the use of timber in construction projects |
4.2.3 Growing awareness about the benefits of mass timber construction technology |
4.3 Market Restraints |
4.3.1 Lack of skilled labor for mass timber construction projects |
4.3.2 High initial investment costs associated with mass timber construction |
4.3.3 Limited availability of certified and high-quality mass timber products |
5 Latvia Mass Timber Market Trends |
6 Latvia Mass Timber Market Segmentations |
6.1 Latvia Mass Timber Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Mass Timber Market Revenues & Volume, By Adhesive Bonded, 2021-2031F |
6.1.3 Latvia Mass Timber Market Revenues & Volume, By Mechanically Fastened, 2021-2031F |
6.2 Latvia Mass Timber Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Mass Timber Market Revenues & Volume, By Residential buildings, 2021-2031F |
6.2.3 Latvia Mass Timber Market Revenues & Volume, By Educational Institutes, 2021-2031F |
6.2.4 Latvia Mass Timber Market Revenues & Volume, By Government/Public Buildings, 2021-2031F |
6.2.5 Latvia Mass Timber Market Revenues & Volume, By Industrial & Commercial Spaces, 2021-2031F |
7 Latvia Mass Timber Market Import-Export Trade Statistics |
7.1 Latvia Mass Timber Market Export to Major Countries |
7.2 Latvia Mass Timber Market Imports from Major Countries |
8 Latvia Mass Timber Market Key Performance Indicators |
8.1 Percentage increase in the number of mass timber construction projects in Latvia |
8.2 Adoption rate of mass timber construction technology by key players in the construction industry |
8.3 Growth in the number of certified mass timber suppliers in the Latvian market |
9 Latvia Mass Timber Market - Opportunity Assessment |
9.1 Latvia Mass Timber Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Mass Timber Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Mass Timber Market - Competitive Landscape |
10.1 Latvia Mass Timber Market Revenue Share, By Companies, 2024 |
10.2 Latvia Mass Timber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |