| Product Code: ETC7920152 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import market for reading glasses in Latvia continued to show strong growth in 2024, with Italy, Lithuania, China, Poland, and Spain emerging as the top exporting countries. The high concentration of the Herfindahl-Hirschman Index (HHI) in 2023 intensified further in 2024, indicating a very competitive market environment. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 14.81%, with a notable growth rate of 8.45% from 2023 to 2024, highlighting the increasing demand for reading glasses in Latvia. This data suggests a promising outlook for the reading glasses import market in the country.

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 Reading Glasses Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Reading Glasses Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Reading Glasses Market - Industry Life Cycle |
3.4 Latvia Reading Glasses Market - Porter's Five Forces |
3.5 Latvia Reading Glasses Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Reading Glasses Market Revenues & Volume Share, By Age Group, 2021 & 2031F |
3.7 Latvia Reading Glasses Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Reading Glasses Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about eye health and the importance of regular eye check-ups |
4.2.2 Growing elderly population in Latvia leading to higher demand for reading glasses |
4.2.3 Rising trend of digital device usage leading to higher prevalence of eye strain and need for reading glasses |
4.3 Market Restraints |
4.3.1 Price sensitivity among consumers in Latvia impacting their purchasing decisions |
4.3.2 Competition from online retailers offering lower-priced reading glasses |
4.3.3 Limited disposable income of the population affecting the affordability of reading glasses |
5 Latvia Reading Glasses Market Trends |
6 Latvia Reading Glasses Market, By Types |
6.1 Latvia Reading Glasses Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Reading Glasses Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Reading Glasses Market Revenues & Volume, By Prescription Reading Glasses, 2021- 2031F |
6.1.4 Latvia Reading Glasses Market Revenues & Volume, By OTC Reading Glasses, 2021- 2031F |
6.2 Latvia Reading Glasses Market, By Age Group |
6.2.1 Overview and Analysis |
6.2.2 Latvia Reading Glasses Market Revenues & Volume, By Less than 18 Years, 2021- 2031F |
6.2.3 Latvia Reading Glasses Market Revenues & Volume, By 18-64 Years, 2021- 2031F |
6.2.4 Latvia Reading Glasses Market Revenues & Volume, By 65 Years and Greater, 2021- 2031F |
6.3 Latvia Reading Glasses Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Reading Glasses Market Revenues & Volume, By Retail Stores, 2021- 2031F |
6.3.3 Latvia Reading Glasses Market Revenues & Volume, By Online Sales Channels, 2021- 2031F |
6.3.4 Latvia Reading Glasses Market Revenues & Volume, By Ophthalmology Clinics, 2021- 2031F |
7 Latvia Reading Glasses Market Import-Export Trade Statistics |
7.1 Latvia Reading Glasses Market Export to Major Countries |
7.2 Latvia Reading Glasses Market Imports from Major Countries |
8 Latvia Reading Glasses Market Key Performance Indicators |
8.1 Percentage increase in the number of eye check-ups conducted annually |
8.2 Growth in the sales of reading glasses specifically designed for the elderly population |
8.3 Increase in online searches for reading glasses and related eye health topics |
9 Latvia Reading Glasses Market - Opportunity Assessment |
9.1 Latvia Reading Glasses Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Reading Glasses Market Opportunity Assessment, By Age Group, 2021 & 2031F |
9.3 Latvia Reading Glasses Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Reading Glasses Market - Competitive Landscape |
10.1 Latvia Reading Glasses Market Revenue Share, By Companies, 2024 |
10.2 Latvia Reading Glasses Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |