Latvia Outdoor Candle Market (2025-2031) | Companies, Size & Revenue, Value, Share, Competitive Landscape, Outlook, Analysis, Trends, Segmentation, Forecast, Growth, Industry
Market Forecast By Wax Type (Paraffin Wax, Soy Wax, Bees Wax, Palm Wax, Others), By Distribution Channel (Online, Offline) And Competitive Landscape
| Product Code: ETC7917662 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia Outdoor Candle Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Latvia saw a notable increase in outdoor candle imports, with top exporting countries being Poland, Lithuania, China, Denmark, and Germany. The market concentration, measured by the HHI, rose from high to very high in just one year. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-2024 remained strong at 8.3%, indicating a sustained interest in outdoor candles within the Latvian market. This trend suggests a growing demand for outdoor ambiance products in Latvia.
Key Highlights of the Report:
- Latvia Outdoor Candle Market Outlook
- Market Size of Latvia Outdoor Candle Market, 2024
- Forecast of Latvia Outdoor Candle Market, 2031
- Historical Data and Forecast of Latvia Outdoor Candle Revenues & Volume for the Period 2021- 2031
- Latvia Outdoor Candle Market Trend Evolution
- Latvia Outdoor Candle Market Drivers and Challenges
- Latvia Outdoor Candle Price Trends
- Latvia Outdoor Candle Porter's Five Forces
- Latvia Outdoor Candle Industry Life Cycle
- Historical Data and Forecast of Latvia Outdoor Candle Market Revenues & Volume By Wax Type for the Period 2021- 2031
- Historical Data and Forecast of Latvia Outdoor Candle Market Revenues & Volume By Paraffin Wax for the Period 2021- 2031
- Historical Data and Forecast of Latvia Outdoor Candle Market Revenues & Volume By Soy Wax for the Period 2021- 2031
- Historical Data and Forecast of Latvia Outdoor Candle Market Revenues & Volume By Bees Wax for the Period 2021- 2031
- Historical Data and Forecast of Latvia Outdoor Candle Market Revenues & Volume By Palm Wax for the Period 2021- 2031
- Historical Data and Forecast of Latvia Outdoor Candle Market Revenues & Volume By Others for the Period 2021- 2031
- Historical Data and Forecast of Latvia Outdoor Candle Market Revenues & Volume By Distribution Channel for the Period 2021- 2031
- Historical Data and Forecast of Latvia Outdoor Candle Market Revenues & Volume By Online for the Period 2021- 2031
- Historical Data and Forecast of Latvia Outdoor Candle Market Revenues & Volume By Offline for the Period 2021- 2031
- Latvia Outdoor Candle Import Export Trade Statistics
- Market Opportunity Assessment By Wax Type
- Market Opportunity Assessment By Distribution Channel
- Latvia Outdoor Candle Top Companies Market Share
- Latvia Outdoor Candle Competitive Benchmarking By Technical and Operational Parameters
- Latvia Outdoor Candle Company Profiles
- Latvia Outdoor Candle Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Outdoor Candle Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Outdoor Candle Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Outdoor Candle Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Outdoor Candle Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Outdoor Candle Market - Industry Life Cycle |
3.4 Latvia Outdoor Candle Market - Porter's Five Forces |
3.5 Latvia Outdoor Candle Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Outdoor Candle Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Outdoor Candle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable outdoor lighting solutions |
4.2.2 Growing trend of outdoor entertaining and dining activities |
4.2.3 Rising popularity of outdoor decor and ambiance enhancement |
4.3 Market Restraints |
4.3.1 Seasonal demand fluctuations due to weather conditions |
4.3.2 Competition from alternative outdoor lighting options |
4.3.3 Regulatory restrictions on outdoor burning and open flames |
5 Latvia Outdoor Candle Market Trends |
6 Latvia Outdoor Candle Market, By Types |
6.1 Latvia Outdoor Candle Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Outdoor Candle Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Outdoor Candle Market Revenues & Volume, By Paraffin Wax, 2021- 2031F |
6.1.4 Latvia Outdoor Candle Market Revenues & Volume, By Soy Wax, 2021- 2031F |
6.1.5 Latvia Outdoor Candle Market Revenues & Volume, By Bees Wax, 2021- 2031F |
6.1.6 Latvia Outdoor Candle Market Revenues & Volume, By Palm Wax, 2021- 2031F |
6.1.7 Latvia Outdoor Candle Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Outdoor Candle Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Outdoor Candle Market Revenues & Volume, By Online, 2021- 2031F |
6.2.3 Latvia Outdoor Candle Market Revenues & Volume, By Offline, 2021- 2031F |
7 Latvia Outdoor Candle Market Import-Export Trade Statistics |
7.1 Latvia Outdoor Candle Market Export to Major Countries |
7.2 Latvia Outdoor Candle Market Imports from Major Countries |
8 Latvia Outdoor Candle Market Key Performance Indicators |
8.1 Number of eco-certified outdoor candle products in the market |
8.2 Consumer spending on outdoor decor and ambiance products |
8.3 Frequency of outdoor events and gatherings in Latvia |
8.4 Adoption rate of alternative outdoor lighting technologies |
8.5 Compliance rate with outdoor burning regulations |
9 Latvia Outdoor Candle Market - Opportunity Assessment |
9.1 Latvia Outdoor Candle Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Outdoor Candle Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Outdoor Candle Market - Competitive Landscape |
10.1 Latvia Outdoor Candle Market Revenue Share, By Companies, 2024 |
10.2 Latvia Outdoor Candle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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