| Product Code: ETC7919255 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s popcorn machine import market in 2024 saw significant contributions from Germany, Switzerland, Finland, Italy, and Lithuania. With a low Herfindahl-Hirschman Index (HHI) indicating low market concentration, the industry remains competitive. However, the negative Compound Annual Growth Rate (CAGR) of -21.14% from 2020 to 2024, coupled with a steep decline in growth rate of -43.99% from 2023 to 2024, highlights challenges faced by the market. Monitoring shifts in consumer preferences and adapting to changing market dynamics will be crucial for stakeholders to navigate these trends effectively.

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 Popcorn Machine Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Popcorn Machine Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Popcorn Machine Market - Industry Life Cycle |
3.4 Latvia Popcorn Machine Market - Porter's Five Forces |
3.5 Latvia Popcorn Machine Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Popcorn Machine Market Revenues & Volume Share, By End-use, 2021 & 2031F |
3.7 Latvia Popcorn Machine Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Popcorn Machine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing popularity of at-home movie nights and entertainment activities |
4.2.2 Increasing demand for convenient and easy-to-use snack options |
4.2.3 Rising trend of hosting events and parties at home |
4.3 Market Restraints |
4.3.1 High initial cost of purchasing a popcorn machine |
4.3.2 Limited awareness and penetration of popcorn machines in Latvia |
4.3.3 Competition from alternative snack options such as chips and nachos |
5 Latvia Popcorn Machine Market Trends |
6 Latvia Popcorn Machine Market, By Types |
6.1 Latvia Popcorn Machine Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Popcorn Machine Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Popcorn Machine Market Revenues & Volume, By Hot Air Poppers, 2021- 2031F |
6.1.4 Latvia Popcorn Machine Market Revenues & Volume, By Microwave Popcorn Machine, 2021- 2031F |
6.1.5 Latvia Popcorn Machine Market Revenues & Volume, By Stovetop Popcorn Machine, 2021- 2031F |
6.1.6 Latvia Popcorn Machine Market Revenues & Volume, By Professional Popcorn Machine, 2021- 2031F |
6.2 Latvia Popcorn Machine Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Latvia Popcorn Machine Market Revenues & Volume, By Household, 2021- 2031F |
6.2.3 Latvia Popcorn Machine Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3 Latvia Popcorn Machine Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Popcorn Machine Market Revenues & Volume, By Direct, 2021- 2031F |
6.3.3 Latvia Popcorn Machine Market Revenues & Volume, By Indirect, 2021- 2031F |
7 Latvia Popcorn Machine Market Import-Export Trade Statistics |
7.1 Latvia Popcorn Machine Market Export to Major Countries |
7.2 Latvia Popcorn Machine Market Imports from Major Countries |
8 Latvia Popcorn Machine Market Key Performance Indicators |
8.1 Average number of at-home movie nights per month in Latvia |
8.2 Number of households that own a popcorn machine |
8.3 Frequency of hosting events and parties at home |
9 Latvia Popcorn Machine Market - Opportunity Assessment |
9.1 Latvia Popcorn Machine Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Popcorn Machine Market Opportunity Assessment, By End-use, 2021 & 2031F |
9.3 Latvia Popcorn Machine Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Popcorn Machine Market - Competitive Landscape |
10.1 Latvia Popcorn Machine Market Revenue Share, By Companies, 2024 |
10.2 Latvia Popcorn Machine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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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