Latvia Portable Lights Market (2025-2031) | Size, Value, Segmentation, Forecast, Growth, Analysis, Revenue, Companies, Industry, Share, Outlook & Trends
Market Forecast By Type (Flashlights, Headlamps, Area lights/lanterns, Bicycle lights, Others), By Application (Outdoor, Industrial, Residential, Others) And Competitive Landscape
| Product Code: ETC5132790 | 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 Portable Lights Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Latvia saw a steady rise in portable lights imports with a diverse range of suppliers. The top exporting countries to Latvia included Lithuania, USA, Germany, Poland, and China. Despite the variety of sources, market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained low. The industry experienced a healthy Compound Annual Growth Rate (CAGR) of 7.02% from 2020 to 2024. However, there was a slight downturn in growth from 2023 to 2024, with a negative growth rate of -17.35%. These dynamics indicate a resilient and evolving market for portable lights in Latvia.
Portable Lights Market: Latvia vs Top 5 Major Economies in 2027 (Europe)
The Portable Lights market in Latvia is projected to grow at a stable growth rate of 3.56% 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.
Key Highlights of the Report:
- Latvia Portable Lights Market Outlook
- Market Size of Latvia Portable Lights Market, 2024
- Forecast of Latvia Portable Lights Market, 2031
- Historical Data and Forecast of Latvia Portable Lights Revenues & Volume for the Period 2021-2031
- Latvia Portable Lights Market Trend Evolution
- Latvia Portable Lights Market Drivers and Challenges
- Latvia Portable Lights Price Trends
- Latvia Portable Lights Porter`s Five Forces
- Latvia Portable Lights Industry Life Cycle
- Historical Data and Forecast of Latvia Portable Lights Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Latvia Portable Lights Market Revenues & Volume By Flashlights for the Period 2021-2031
- Historical Data and Forecast of Latvia Portable Lights Market Revenues & Volume By Headlamps for the Period 2021-2031
- Historical Data and Forecast of Latvia Portable Lights Market Revenues & Volume By Area lights/lanterns for the Period 2021-2031
- Historical Data and Forecast of Latvia Portable Lights Market Revenues & Volume By Bicycle lights for the Period 2021-2031
- Historical Data and Forecast of Latvia Portable Lights Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Latvia Portable Lights Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Latvia Portable Lights Market Revenues & Volume By Outdoor for the Period 2021-2031
- Historical Data and Forecast of Latvia Portable Lights Market Revenues & Volume By Industrial for the Period 2021-2031
- Historical Data and Forecast of Latvia Portable Lights Market Revenues & Volume By Residential for the Period 2021-2031
- Historical Data and Forecast of Latvia Portable Lights Market Revenues & Volume By Others for the Period 2021-2031
- Latvia Portable Lights Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Application
- Latvia Portable Lights Top Companies Market Share
- Latvia Portable Lights Competitive Benchmarking By Technical and Operational Parameters
- Latvia Portable Lights Company Profiles
- Latvia Portable Lights Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Portable Lights Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Portable Lights Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Portable Lights Market Overview |
3.1 Latvia Country Macro Economic Indicators | 3.2 Latvia Portable Lights Market Revenues & Volume, 2021 & 2031F | 3.3 Latvia Portable Lights Market - Industry Life Cycle | 3.4 Latvia Portable Lights Market - Porter's Five Forces | 3.5 Latvia Portable Lights Market Revenues & Volume Share, By Type, 2021 & 2031F | 3.6 Latvia Portable Lights Market Revenues & Volume Share, By Application, 2021 & 2031F | 4 Latvia Portable Lights Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient lighting solutions in Latvia |
4.2.2 Growing popularity of outdoor recreational activities, leading to higher demand for portable lights |
4.2.3 Government initiatives promoting the use of sustainable and eco-friendly lighting technologies |
4.3 Market Restraints |
4.3.1 High initial cost of portable lights impacting adoption rates |
4.3.2 Limited awareness about the benefits and features of portable lights among consumers in Latvia |
4.3.3 Competition from traditional lighting solutions like candles and lanterns | 5 Latvia Portable Lights Market Trends | 6 Latvia Portable Lights Market, By Types | 6.1 Latvia Portable Lights Market, By Type |
6.1.1 Overview and Analysis | 6.1.2 Latvia Portable Lights Market Revenues & Volume, By Type, 2021-2031F | 6.1.3 Latvia Portable Lights Market Revenues & Volume, By Flashlights, 2021-2031F | 6.1.4 Latvia Portable Lights Market Revenues & Volume, By Headlamps, 2021-2031F | 6.1.5 Latvia Portable Lights Market Revenues & Volume, By Area lights/lanterns, 2021-2031F | 6.1.6 Latvia Portable Lights Market Revenues & Volume, By Bicycle lights, 2021-2031F | 6.1.7 Latvia Portable Lights Market Revenues & Volume, By Others, 2021-2031F | 6.2 Latvia Portable Lights Market, By Application |
6.2.1 Overview and Analysis | 6.2.2 Latvia Portable Lights Market Revenues & Volume, By Outdoor, 2021-2031F | 6.2.3 Latvia Portable Lights Market Revenues & Volume, By Industrial, 2021-2031F | 6.2.4 Latvia Portable Lights Market Revenues & Volume, By Residential, 2021-2031F | 6.2.5 Latvia Portable Lights Market Revenues & Volume, By Others, 2021-2031F | 7 Latvia Portable Lights Market Import-Export Trade Statistics | 7.1 Latvia Portable Lights Market Export to Major Countries | 7.2 Latvia Portable Lights Market Imports from Major Countries | 8 Latvia Portable Lights Market Key Performance Indicators | 9 Latvia Portable Lights Market - Opportunity Assessment | 9.1 Latvia Portable Lights Market Opportunity Assessment, By Type, 2021 & 2031F | 9.2 Latvia Portable Lights Market Opportunity Assessment, By Application, 2021 & 2031F | 10 Latvia Portable Lights Market - Competitive Landscape | 10.1 Latvia Portable Lights Market Revenue Share, By Companies, 2024 | 10.2 Latvia Portable Lights Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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