Latvia Patio Umbrella Market (2025-2031) | Forecast, Industry, Analysis, Share, Revenue, Growth, Value, Outlook, Segmentation, Size, Trends & Companies

Name: Latvia Patio Umbrella Market (2025-2031) | Trends & Size
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Patio Umbrella Market, Latvia Patio Umbrella Market, Latvia Patio Umbrella Market Revenues, Latvia Patio Umbrella Market Share, Latvia Patio Umbrella Market Size, Latvia Patio Umbrella Market Outlook, Latvia Patio Umbrella Market Report, Latvia Patio Umbrella Market Competition, Latvia Patio Umbrella Market Overview, Latvia Patio Umbrella Market Trends, Latvia Patio Umbrella Market Forecast

Market Forecast By Size (5 ‚œ 7 Feet, 5 ‚œ 10 Feet, > 10.5 Feet), By Type (Cantilever, Commercial, Rectangular, Standard Pole, Tilt, Others), By Base Type (Wood, Metal, Plastic), By Sales Channel (Specialty Stores, Online, Third Party, Company Website, Others), By Application (Commercial, Residential) And Competitive Landscape

Product Code: ETC4908818	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

Latvia Patio Umbrella Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Latvia`s patio umbrella import market saw an increase in concentration levels, indicating a shift towards more prominent suppliers. China, Italy, Lithuania, Austria, and Poland emerged as the top countries exporting to Latvia, reflecting a diverse mix of sources. The impressive compound annual growth rate (CAGR) of 11.93% from 2020 to 2024 highlights a robust expansion in the market. Moreover, the growth rate of 6.39% from 2023 to 2024 suggests a sustained upward trajectory, making Latvia an attractive destination for patio umbrella imports.

Latvia Patio Umbrella Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Patio Umbrella Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

In the Europe region, the Patio Umbrella market in Latvia is projected to expand at a stable growth rate of 0.67% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

Patio Umbrella Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

Key Highlights of the Report:

Latvia Patio Umbrella Market Outlook
Market Size of Latvia Patio Umbrella Market, 2024
Forecast of Latvia Patio Umbrella Market, 2031
Historical Data and Forecast of Latvia Patio Umbrella Revenues & Volume for the Period 2021-2031
Latvia Patio Umbrella Market Trend Evolution
Latvia Patio Umbrella Market Drivers and Challenges
Latvia Patio Umbrella Price Trends
Latvia Patio Umbrella Porter`s Five Forces
Latvia Patio Umbrella Industry Life Cycle
Historical Data and Forecast of Latvia Patio Umbrella Market Revenues & Volume By Size for the Period 2021-2031
Historical Data and Forecast of Latvia Patio Umbrella Market Revenues & Volume By 5 7 Feet for the Period 2021-2031
Historical Data and Forecast of Latvia Patio Umbrella Market Revenues & Volume By 5 10 Feet for the Period 2021-2031
Historical Data and Forecast of Latvia Patio Umbrella Market Revenues & Volume By > 10.5 Feet for the Period 2021-2031
Historical Data and Forecast of Latvia Patio Umbrella Market Revenues & Volume By Type for the Period 2021-2031
Historical Data and Forecast of Latvia Patio Umbrella Market Revenues & Volume By Cantilever for the Period 2021-2031
Historical Data and Forecast of Latvia Patio Umbrella Market Revenues & Volume By Commercial for the Period 2021-2031
Historical Data and Forecast of Latvia Patio Umbrella Market Revenues & Volume By Rectangular for the Period 2021-2031
Historical Data and Forecast of Latvia Patio Umbrella Market Revenues & Volume By Standard Pole for the Period 2021-2031
Historical Data and Forecast of Latvia Patio Umbrella Market Revenues & Volume By Tilt for the Period 2021-2031
Historical Data and Forecast of Latvia Patio Umbrella Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Latvia Patio Umbrella Market Revenues & Volume By Base Type for the Period 2021-2031
Historical Data and Forecast of Latvia Patio Umbrella Market Revenues & Volume By Wood for the Period 2021-2031
Historical Data and Forecast of Latvia Patio Umbrella Market Revenues & Volume By Metal for the Period 2021-2031
Historical Data and Forecast of Latvia Patio Umbrella Market Revenues & Volume By Plastic for the Period 2021-2031
Historical Data and Forecast of Latvia Patio Umbrella Market Revenues & Volume By Sales Channel for the Period 2021-2031
Historical Data and Forecast of Latvia Patio Umbrella Market Revenues & Volume By Specialty Stores for the Period 2021-2031
Historical Data and Forecast of Latvia Patio Umbrella Market Revenues & Volume By Online for the Period 2021-2031
Historical Data and Forecast of Latvia Patio Umbrella Market Revenues & Volume By Third Party for the Period 2021-2031
Historical Data and Forecast of Latvia Patio Umbrella Market Revenues & Volume By Company Website for the Period 2021-2031
Historical Data and Forecast of Latvia Patio Umbrella Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Latvia Patio Umbrella Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of Latvia Patio Umbrella Market Revenues & Volume By Commercial for the Period 2021-2031
Historical Data and Forecast of Latvia Patio Umbrella Market Revenues & Volume By Residential for the Period 2021-2031
Latvia Patio Umbrella Import Export Trade Statistics
Market Opportunity Assessment By Size
Market Opportunity Assessment By Type
Market Opportunity Assessment By Base Type
Market Opportunity Assessment By Sales Channel
Market Opportunity Assessment By Application
Latvia Patio Umbrella Top Companies Market Share
Latvia Patio Umbrella Competitive Benchmarking By Technical and Operational Parameters
Latvia Patio Umbrella Company Profiles
Latvia Patio Umbrella Key Strategic Recommendations

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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 Patio Umbrella Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Patio Umbrella Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Patio Umbrella Market - Industry Life Cycle

3.4 Latvia Patio Umbrella Market - Porter's Five Forces

3.5 Latvia Patio Umbrella Market Revenues & Volume Share, By Size, 2021 & 2031F

3.6 Latvia Patio Umbrella Market Revenues & Volume Share, By Type, 2021 & 2031F

3.7 Latvia Patio Umbrella Market Revenues & Volume Share, By Base Type, 2021 & 2031F

3.8 Latvia Patio Umbrella Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F

3.9 Latvia Patio Umbrella Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Latvia Patio Umbrella Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for outdoor furniture and accessories, including patio umbrellas, due to a growing trend of outdoor living and dining.

4.2.2 Rising disposable income levels in Latvia, leading to higher spending on home improvement and outdoor decor.

4.2.3 Growing popularity of outdoor entertainment and leisure activities, driving the need for shading solutions like patio umbrellas.

4.3 Market Restraints

4.3.1 Seasonal nature of the market, with demand peaking during the summer months and declining during the rest of the year.

4.3.2 Vulnerability to weather conditions, such as strong winds and heavy rainfall, impacting the usage and lifespan of patio umbrellas.

4.3.3 Competition from alternative shading solutions like pergolas, awnings, and gazebos, affecting the market share of patio umbrellas.

5 Latvia Patio Umbrella Market Trends

6 Latvia Patio Umbrella Market Segmentations

6.1 Latvia Patio Umbrella Market, By Size

6.1.1 Overview and Analysis

6.1.2 Latvia Patio Umbrella Market Revenues & Volume, By 5 ? ?? 7 Feet, 2021-2031F

6.1.3 Latvia Patio Umbrella Market Revenues & Volume, By 5 ? ?? 10 Feet, 2021-2031F

6.1.4 Latvia Patio Umbrella Market Revenues & Volume, By > 10.5 Feet, 2021-2031F

6.2 Latvia Patio Umbrella Market, By Type

6.2.1 Overview and Analysis

6.2.2 Latvia Patio Umbrella Market Revenues & Volume, By Cantilever, 2021-2031F

6.2.3 Latvia Patio Umbrella Market Revenues & Volume, By Commercial, 2021-2031F

6.2.4 Latvia Patio Umbrella Market Revenues & Volume, By Rectangular, 2021-2031F

6.2.5 Latvia Patio Umbrella Market Revenues & Volume, By Standard Pole, 2021-2031F

6.2.6 Latvia Patio Umbrella Market Revenues & Volume, By Tilt, 2021-2031F

6.2.7 Latvia Patio Umbrella Market Revenues & Volume, By Others, 2021-2031F

6.3 Latvia Patio Umbrella Market, By Base Type

6.3.1 Overview and Analysis

6.3.2 Latvia Patio Umbrella Market Revenues & Volume, By Wood, 2021-2031F

6.3.3 Latvia Patio Umbrella Market Revenues & Volume, By Metal, 2021-2031F

6.3.4 Latvia Patio Umbrella Market Revenues & Volume, By Plastic, 2021-2031F

6.4 Latvia Patio Umbrella Market, By Sales Channel

6.4.1 Overview and Analysis

6.4.2 Latvia Patio Umbrella Market Revenues & Volume, By Specialty Stores, 2021-2031F

6.4.3 Latvia Patio Umbrella Market Revenues & Volume, By Online, 2021-2031F

6.4.4 Latvia Patio Umbrella Market Revenues & Volume, By Third Party, 2021-2031F

6.4.5 Latvia Patio Umbrella Market Revenues & Volume, By Company Website, 2021-2031F

6.4.6 Latvia Patio Umbrella Market Revenues & Volume, By Others, 2021-2031F

6.5 Latvia Patio Umbrella Market, By Application

6.5.1 Overview and Analysis

6.5.2 Latvia Patio Umbrella Market Revenues & Volume, By Commercial, 2021-2031F

6.5.3 Latvia Patio Umbrella Market Revenues & Volume, By Residential, 2021-2031F

7 Latvia Patio Umbrella Market Import-Export Trade Statistics

7.1 Latvia Patio Umbrella Market Export to Major Countries

7.2 Latvia Patio Umbrella Market Imports from Major Countries

8 Latvia Patio Umbrella Market Key Performance Indicators

8.1 Average selling price of patio umbrellas in Latvia.

8.2 Number of new product launches and innovations in the patio umbrella market.

8.3 Customer satisfaction levels and feedback on the quality and durability of patio umbrellas.

8.4 Percentage of households in Latvia with outdoor living spaces equipped with patio umbrellas.

8.5 Online engagement metrics, such as website traffic, social media interactions, and online reviews for patio umbrella brands and retailers.

9 Latvia Patio Umbrella Market - Opportunity Assessment

9.1 Latvia Patio Umbrella Market Opportunity Assessment, By Size, 2021 & 2031F

9.2 Latvia Patio Umbrella Market Opportunity Assessment, By Type, 2021 & 2031F

9.3 Latvia Patio Umbrella Market Opportunity Assessment, By Base Type, 2021 & 2031F

9.4 Latvia Patio Umbrella Market Opportunity Assessment, By Sales Channel, 2021 & 2031F

9.5 Latvia Patio Umbrella Market Opportunity Assessment, By Application, 2021 & 2031F

10 Latvia Patio Umbrella Market - Competitive Landscape

10.1 Latvia Patio Umbrella Market Revenue Share, By Companies, 2024

10.2 Latvia Patio Umbrella Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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