| Product Code: ETC5676342 | 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 |
The party supplies import market in Latvia experienced significant growth in 2024, with top exporting countries being Estonia, Poland, Lithuania, Greece, and the Netherlands. The shift from low to moderate concentration in the Herfindahl-Hirschman Index indicates increased competition among suppliers. The impressive CAGR of 11.83% from 2020 to 2024 highlights a thriving market, while the growth rate of 23.69% from 2023 to 2024 signals a rapid expansion. This data suggests a dynamic and competitive landscape in the party supplies import sector in Latvia, with opportunities for both local retailers and international exporters.

The Party Supplies market in Latvia is projected to grow at a stable growth rate of 3.61% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Party Supplies Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Party Supplies Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Party Supplies Market - Industry Life Cycle |
3.4 Latvia Party Supplies Market - Porter's Five Forces |
3.5 Latvia Party Supplies Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Party Supplies Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Party Supplies Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Party Supplies Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer interest in organizing parties and events |
4.2.2 Growing trend of themed parties and celebrations |
4.2.3 Rise in disposable income leading to higher spending on party supplies |
4.3 Market Restraints |
4.3.1 Seasonality of party supply demand, with peak seasons around holidays and special occasions |
4.3.2 Competition from online retailers impacting traditional brick-and-mortar party supply stores |
5 Latvia Party Supplies Market Trends |
6 Latvia Party Supplies Market Segmentations |
6.1 Latvia Party Supplies Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Party Supplies Market Revenues & Volume, By Balloons, 2021-2031F |
6.1.3 Latvia Party Supplies Market Revenues & Volume, By Banners, 2021-2031F |
6.1.4 Latvia Party Supplies Market Revenues & Volume, By Pinatas, 2021-2031F |
6.1.5 Latvia Party Supplies Market Revenues & Volume, By Games, 2021-2031F |
6.1.6 Latvia Party Supplies Market Revenues & Volume, By Home Decor, 2021-2031F |
6.1.7 Latvia Party Supplies Market Revenues & Volume, By Tableware/Disposables, 2021-2031F |
6.1.9 Latvia Party Supplies Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Latvia Party Supplies Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Party Supplies Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Party Supplies Market Revenues & Volume, By Commercial Use, 2021-2031F |
6.2.3 Latvia Party Supplies Market Revenues & Volume, By Domestic Use, 2021-2031F |
6.3 Latvia Party Supplies Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Party Supplies Market Revenues & Volume, By Supermarket/Hypermarket, 2021-2031F |
6.3.3 Latvia Party Supplies Market Revenues & Volume, By Convenience Store, 2021-2031F |
6.3.4 Latvia Party Supplies Market Revenues & Volume, By Specialized Store, 2021-2031F |
6.3.5 Latvia Party Supplies Market Revenues & Volume, By E-Commerce, 2021-2031F |
6.3.6 Latvia Party Supplies Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Party Supplies Market Import-Export Trade Statistics |
7.1 Latvia Party Supplies Market Export to Major Countries |
7.2 Latvia Party Supplies Market Imports from Major Countries |
8 Latvia Party Supplies Market Key Performance Indicators |
8.1 Number of social events and parties organized annually in Latvia |
8.2 Consumer spending on party supplies per capita |
8.3 Popularity of different party themes and decorations |
8.4 Customer satisfaction levels with party supply products and services |
8.5 Adoption rate of eco-friendly and sustainable party supplies |
9 Latvia Party Supplies Market - Opportunity Assessment |
9.1 Latvia Party Supplies Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Party Supplies Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Party Supplies Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Party Supplies Market - Competitive Landscape |
10.1 Latvia Party Supplies Market Revenue Share, By Companies, 2024 |
10.2 Latvia Party Supplies Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |