| Product Code: ETC5027454 | 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`s pocket watch import market in 2024 saw significant contributions from top exporting countries such as Austria, Germany, Switzerland, Metropolitan France, and Estonia. Despite the high concentration levels indicated by the Herfindahl-Hirschman Index (HHI), the market showed steady growth with a compound annual growth rate (CAGR) of 15.84% from 2020 to 2024. The growth momentum continued in 2024 with a 0.6% increase from the previous year, reflecting sustained interest in pocket watches among Latvian consumers.

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 Pocket Watch Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Pocket Watch Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Pocket Watch Market - Industry Life Cycle |
3.4 Latvia Pocket Watch Market - Porter's Five Forces |
3.5 Latvia Pocket Watch Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Pocket Watch Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Pocket Watch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing trend of vintage fashion and accessories |
4.2.2 Growing interest in traditional craftsmanship and heritage products |
4.2.3 Rising demand for unique and personalized accessories |
4.3 Market Restraints |
4.3.1 Competition from smartwatches and digital devices |
4.3.2 Economic uncertainties impacting consumer spending |
4.3.3 Limited marketing and distribution channels for pocket watches |
5 Latvia Pocket Watch Market Trends |
6 Latvia Pocket Watch Market Segmentations |
6.1 Latvia Pocket Watch Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Pocket Watch Market Revenues & Volume, By Open-face Watches, 2021-2031F |
6.1.3 Latvia Pocket Watch Market Revenues & Volume, By Hunter-case Watches, 2021-2031F |
6.1.4 Latvia Pocket Watch Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Pocket Watch Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Pocket Watch Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.2.3 Latvia Pocket Watch Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.4 Latvia Pocket Watch Market Revenues & Volume, By Online Retail, 2021-2031F |
7 Latvia Pocket Watch Market Import-Export Trade Statistics |
7.1 Latvia Pocket Watch Market Export to Major Countries |
7.2 Latvia Pocket Watch Market Imports from Major Countries |
8 Latvia Pocket Watch Market Key Performance Indicators |
8.1 Average order value for pocket watches |
8.2 Customer satisfaction and retention rate |
8.3 Number of collaborations with local artisans for unique designs |
9 Latvia Pocket Watch Market - Opportunity Assessment |
9.1 Latvia Pocket Watch Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Pocket Watch Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Pocket Watch Market - Competitive Landscape |
10.1 Latvia Pocket Watch Market Revenue Share, By Companies, 2024 |
10.2 Latvia Pocket Watch Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |