| Product Code: ETC5037562 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The market for playing cards and board games in Latvia saw a notable shift in 2024, with top exporting countries including Poland, Estonia, Russia, Netherlands, and China. Despite a decrease in growth rate from 2023 to 2024, the industry maintained a strong compound annual growth rate of 16.36% from 2020 to 2024. The high concentration of the Herfindahl-Hirschman Index (HHI) in 2023 persisted into 2024, indicating a competitive market landscape. As Latvia continues to import these products, market players should monitor trends and adapt strategies to capitalize on opportunities for growth.
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 Playing Cards & Board Games Market Overview  | 
3.1 Latvia Country Macro Economic Indicators  | 
3.2 Latvia Playing Cards & Board Games Market Revenues & Volume, 2021 & 2031F  | 
3.3 Latvia Playing Cards & Board Games Market - Industry Life Cycle  | 
3.4 Latvia Playing Cards & Board Games Market - Porter's Five Forces  | 
3.5 Latvia Playing Cards & Board Games Market Revenues & Volume Share, By Product, 2021 & 2031F  | 
3.6 Latvia Playing Cards & Board Games Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F  | 
4 Latvia Playing Cards & Board Games Market Dynamics  | 
4.1 Impact Analysis  | 
4.2 Market Drivers  | 
4.2.1 Growing popularity of tabletop games as a social activity  | 
4.2.2 Increasing focus on mental wellness and relaxation through gaming  | 
4.2.3 Innovation in game designs and themes  | 
4.2.4 Rising disposable income leading to higher spending on leisure activities  | 
4.3 Market Restraints  | 
4.3.1 Competition from digital and online gaming platforms  | 
4.3.2 Economic uncertainty impacting consumer discretionary spending  | 
4.3.3 Limited awareness and marketing of Latvian playing cards and board games  | 
4.3.4 Challenges in distribution and reaching target audiences effectively  | 
5 Latvia Playing Cards & Board Games Market Trends  | 
6 Latvia Playing Cards & Board Games Market Segmentations  | 
6.1 Latvia Playing Cards & Board Games Market, By Product  | 
6.1.1 Overview and Analysis  | 
6.1.2 Latvia Playing Cards & Board Games Market Revenues & Volume, By Playing Cards, 2021-2031F  | 
6.1.3 Latvia Playing Cards & Board Games Market Revenues & Volume, By Board Games, 2021-2031F  | 
6.2 Latvia Playing Cards & Board Games Market, By Distribution Channel  | 
6.2.1 Overview and Analysis  | 
6.2.2 Latvia Playing Cards & Board Games Market Revenues & Volume, By Offline, 2021-2031F  | 
6.2.3 Latvia Playing Cards & Board Games Market Revenues & Volume, By Online, 2021-2031F  | 
7 Latvia Playing Cards & Board Games Market Import-Export Trade Statistics  | 
7.1 Latvia Playing Cards & Board Games Market Export to Major Countries  | 
7.2 Latvia Playing Cards & Board Games Market Imports from Major Countries  | 
8 Latvia Playing Cards & Board Games Market Key Performance Indicators  | 
8.1 Average session duration of playing cards and board games  | 
8.2 Frequency of new game launches in the Latvian market  | 
8.3 Customer engagement metrics such as social media interactions and reviews  | 
8.4 Percentage of repeat customers purchasing Latvian games  | 
8.5 Adoption rate of Latvian games in international markets  | 
9 Latvia Playing Cards & Board Games Market - Opportunity Assessment  | 
9.1 Latvia Playing Cards & Board Games Market Opportunity Assessment, By Product, 2021 & 2031F  | 
9.2 Latvia Playing Cards & Board Games Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F  | 
10 Latvia Playing Cards & Board Games Market - Competitive Landscape  | 
10.1 Latvia Playing Cards & Board Games Market Revenue Share, By Companies, 2024  | 
10.2 Latvia Playing Cards & Board Games Market Competitive Benchmarking, By Operating and Technical Parameters  | 
11 Company Profiles  | 
12 Recommendations  | 13 Disclaimer  |