| Product Code: ETC5229348 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia`s mirror import market continued to see steady contributions from top exporting countries such as China, Poland, Lithuania, Belarus, and Germany. Despite moderate concentration levels indicated by the HHI, the market experienced a slight decline in CAGR from 2020-2024 at -1.37%. However, there was a notable uptick in growth rate from 2023-2024 at 7.09%, suggesting a potential rebound in demand for mirrors in Latvia. This data highlights the importance of monitoring market trends and adapting strategies to capitalize on emerging opportunities within the industry.

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 Mirrors Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Mirrors Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Mirrors Market - Industry Life Cycle |
3.4 Latvia Mirrors Market - Porter's Five Forces |
3.5 Latvia Mirrors Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Latvia Mirrors Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Latvia Mirrors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for decorative mirrors in interior design |
4.2.2 Increase in construction activities and renovation projects in Latvia |
4.2.3 Rise in disposable income leading to higher spending on home décor |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Intense competition from imported mirrors |
4.3.3 Economic instability impacting consumer purchasing power |
5 Latvia Mirrors Market Trends |
6 Latvia Mirrors Market Segmentations |
6.1 Latvia Mirrors Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Latvia Mirrors Market Revenues & Volume, By Silver Mirror, 2021-2031F |
6.1.3 Latvia Mirrors Market Revenues & Volume, By Plated Mirror, 2021-2031F |
6.1.4 Latvia Mirrors Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Mirrors Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Latvia Mirrors Market Revenues & Volume, By Bathroom, 2021-2031F |
6.2.3 Latvia Mirrors Market Revenues & Volume, By Make-up, 2021-2031F |
6.2.4 Latvia Mirrors Market Revenues & Volume, By Dressing, 2021-2031F |
6.2.5 Latvia Mirrors Market Revenues & Volume, By Decorative, 2021-2031F |
6.2.6 Latvia Mirrors Market Revenues & Volume, By Advertising, 2021-2031F |
6.2.7 Latvia Mirrors Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Mirrors Market Import-Export Trade Statistics |
7.1 Latvia Mirrors Market Export to Major Countries |
7.2 Latvia Mirrors Market Imports from Major Countries |
8 Latvia Mirrors Market Key Performance Indicators |
8.1 Average selling price of mirrors in the market |
8.2 Number of new construction projects in Latvia |
8.3 Consumer sentiment towards spending on home décor |
8.4 Percentage of market share held by domestic mirror manufacturers |
8.5 Customer satisfaction ratings for mirror quality and design |
9 Latvia Mirrors Market - Opportunity Assessment |
9.1 Latvia Mirrors Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Latvia Mirrors Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Latvia Mirrors Market - Competitive Landscape |
10.1 Latvia Mirrors Market Revenue Share, By Companies, 2024 |
10.2 Latvia Mirrors Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |