Latvia Recreational Boat Market (2025-2031) | Industry, Share, Analysis, Size, Value, Companies, Revenue, Trends, Forecast, Segmentation, Growth & Outlook

Market Forecast By Boat Type (Yachts, Sailboats, Personal Watercrafts, Inflatables, Others), By Boat Size (<30 Feet, 30-50 Feet, >50 Feet), By Engine Placement (Outboards, Inboards, Others), By Engine Type (Ice, Electric), By Power Range (Up To 100 Kw, 100-200 Kw, Above 200 Kw), By Material Type (Aluminum, Fiberglass, Steel, Others), By Activity Type (Cruising+watersports, Fishing), By Power Source (Engine Powered, Sail Powered, Human Powered) And Competitive Landscape
Product Code: ETC5063896 Publication Date: Nov 2023 Updated Date: Sep 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Latvia Recreational Boat Market Competition 2023

Latvia Recreational Boat market currently, in 2023, has witnessed an HHI of 2457, Which has decreased substantially as compared to the HHI of 10000 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

 Latvia Recreational Boat Market Competition 2023

Latvia Export Potential Assessment For Recreational Boat Market (Values in USD Thousand)


Latvia Export Potential Assessment For Recreational Boat Market (Values in USD Thousand)

Key Highlights of the Report:

  • Latvia Recreational Boat Market Outlook
  • Market Size of Latvia Recreational Boat Market, 2024
  • Forecast of Latvia Recreational Boat Market, 2031
  • Historical Data and Forecast of Latvia Recreational Boat Revenues & Volume for the Period 2021-2031
  • Latvia Recreational Boat Market Trend Evolution
  • Latvia Recreational Boat Market Drivers and Challenges
  • Latvia Recreational Boat Price Trends
  • Latvia Recreational Boat Porter`s Five Forces
  • Latvia Recreational Boat Industry Life Cycle
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By Boat Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By Yachts for the Period 2021-2031
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By Sailboats for the Period 2021-2031
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By Personal Watercrafts for the Period 2021-2031
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By Inflatables for the Period 2021-2031
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By Boat Size for the Period 2021-2031
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By <30 Feet for the Period 2021-2031
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By 30-50 Feet for the Period 2021-2031
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By >50 Feet for the Period 2021-2031
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By Engine Placement for the Period 2021-2031
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By Outboards for the Period 2021-2031
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By Inboards for the Period 2021-2031
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By Engine Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By Ice for the Period 2021-2031
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By Electric for the Period 2021-2031
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By Power Range for the Period 2021-2031
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By Up To 100 Kw for the Period 2021-2031
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By 100-200 Kw for the Period 2021-2031
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By Above 200 Kw for the Period 2021-2031
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By Material Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By Aluminum for the Period 2021-2031
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By Fiberglass for the Period 2021-2031
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By Steel for the Period 2021-2031
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By Activity Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By Cruising+watersports for the Period 2021-2031
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By Fishing for the Period 2021-2031
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By Power Source for the Period 2021-2031
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By Engine Powered for the Period 2021-2031
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By Sail Powered for the Period 2021-2031
  • Historical Data and Forecast of Latvia Recreational Boat Market Revenues & Volume By Human Powered for the Period 2021-2031
  • Latvia Recreational Boat Import Export Trade Statistics
  • Market Opportunity Assessment By Boat Type
  • Market Opportunity Assessment By Boat Size
  • Market Opportunity Assessment By Engine Placement
  • Market Opportunity Assessment By Engine Type
  • Market Opportunity Assessment By Power Range
  • Market Opportunity Assessment By Material Type
  • Market Opportunity Assessment By Activity Type
  • Market Opportunity Assessment By Power Source
  • Latvia Recreational Boat Top Companies Market Share
  • Latvia Recreational Boat Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Recreational Boat Company Profiles
  • Latvia Recreational Boat Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Recreational Boat Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Recreational Boat Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Recreational Boat Market - Industry Life Cycle

3.4 Latvia Recreational Boat Market - Porter's Five Forces

3.5 Latvia Recreational Boat Market Revenues & Volume Share, By Boat Type, 2021 & 2031F

3.6 Latvia Recreational Boat Market Revenues & Volume Share, By Boat Size, 2021 & 2031F

3.7 Latvia Recreational Boat Market Revenues & Volume Share, By Engine Placement, 2021 & 2031F

3.8 Latvia Recreational Boat Market Revenues & Volume Share, By Engine Type, 2021 & 2031F

3.9 Latvia Recreational Boat Market Revenues & Volume Share, By Power Range, 2021 & 2031F

3.10 Latvia Recreational Boat Market Revenues & Volume Share, By Material Type, 2021 & 2031F

3.11 Latvia Recreational Boat Market Revenues & Volume Share, By Activity Type, 2021 & 2031F

4 Latvia Recreational Boat Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing disposable income among the population in Latvia

4.2.2 Increasing interest in outdoor recreational activities and water sports

4.2.3 Government initiatives promoting tourism and water-based activities in Latvia

4.3 Market Restraints

4.3.1 Seasonal nature of recreational boating due to Latvia's colder climate

4.3.2 High initial cost associated with purchasing and maintaining recreational boats

4.3.3 Limited infrastructure and facilities for recreational boating in Latvia

5 Latvia Recreational Boat Market Trends

6 Latvia Recreational Boat Market Segmentations

6.1 Latvia Recreational Boat Market, By Boat Type

6.1.1 Overview and Analysis

6.1.2 Latvia Recreational Boat Market Revenues & Volume, By Yachts, 2021-2031F

6.1.3 Latvia Recreational Boat Market Revenues & Volume, By Sailboats, 2021-2031F

6.1.4 Latvia Recreational Boat Market Revenues & Volume, By Personal Watercrafts, 2021-2031F

6.1.6 Latvia Recreational Boat Market Revenues & Volume, By Inflatables, 2021-2031F

6.1.6 Latvia Recreational Boat Market Revenues & Volume, By Others, 2021-2031F

6.2 Latvia Recreational Boat Market, By Boat Size

6.2.1 Overview and Analysis

6.2.2 Latvia Recreational Boat Market Revenues & Volume, By <30 Feet, 2021-2031F

6.2.3 Latvia Recreational Boat Market Revenues & Volume, By 30-50 Feet, 2021-2031F

6.2.4 Latvia Recreational Boat Market Revenues & Volume, By >50 Feet, 2021-2031F

6.3 Latvia Recreational Boat Market, By Engine Placement

6.3.1 Overview and Analysis

6.3.2 Latvia Recreational Boat Market Revenues & Volume, By Outboards, 2021-2031F

6.3.3 Latvia Recreational Boat Market Revenues & Volume, By Inboards, 2021-2031F

6.3.4 Latvia Recreational Boat Market Revenues & Volume, By Others, 2021-2031F

6.4 Latvia Recreational Boat Market, By Engine Type

6.4.1 Overview and Analysis

6.4.2 Latvia Recreational Boat Market Revenues & Volume, By Ice, 2021-2031F

6.4.3 Latvia Recreational Boat Market Revenues & Volume, By Electric, 2021-2031F

6.5 Latvia Recreational Boat Market, By Power Range

6.5.1 Overview and Analysis

6.5.2 Latvia Recreational Boat Market Revenues & Volume, By Up To 100 Kw, 2021-2031F

6.5.3 Latvia Recreational Boat Market Revenues & Volume, By 100-200 Kw, 2021-2031F

6.5.4 Latvia Recreational Boat Market Revenues & Volume, By Above 200 Kw, 2021-2031F

6.6 Latvia Recreational Boat Market, By Material Type

6.6.1 Overview and Analysis

6.6.2 Latvia Recreational Boat Market Revenues & Volume, By Aluminum, 2021-2031F

6.6.3 Latvia Recreational Boat Market Revenues & Volume, By Fiberglass, 2021-2031F

6.6.4 Latvia Recreational Boat Market Revenues & Volume, By Steel, 2021-2031F

6.6.5 Latvia Recreational Boat Market Revenues & Volume, By Others, 2021-2031F

6.7 Latvia Recreational Boat Market, By Activity Type

6.7.1 Overview and Analysis

6.7.2 Latvia Recreational Boat Market Revenues & Volume, By Cruising+watersports, 2021-2031F

6.7.3 Latvia Recreational Boat Market Revenues & Volume, By Fishing, 2021-2031F

6.8 Latvia Recreational Boat Market, By Power Source

6.8.1 Overview and Analysis

6.8.2 Latvia Recreational Boat Market Revenues & Volume, By Engine Powered, 2021-2031F

6.8.3 Latvia Recreational Boat Market Revenues & Volume, By Sail Powered, 2021-2031F

6.8.4 Latvia Recreational Boat Market Revenues & Volume, By , 2021-2031F

7 Latvia Recreational Boat Market Import-Export Trade Statistics

7.1 Latvia Recreational Boat Market Export to Major Countries

7.2 Latvia Recreational Boat Market Imports from Major Countries

8 Latvia Recreational Boat Market Key Performance Indicators

8.1 Number of marinas and boat launching facilities in Latvia

8.2 Participation rates in water sports and recreational boating activities

8.3 Number of boat registrations and licenses issued in Latvia

9 Latvia Recreational Boat Market - Opportunity Assessment

9.1 Latvia Recreational Boat Market Opportunity Assessment, By Boat Type, 2021 & 2031F

9.2 Latvia Recreational Boat Market Opportunity Assessment, By Boat Size, 2021 & 2031F

9.3 Latvia Recreational Boat Market Opportunity Assessment, By Engine Placement, 2021 & 2031F

9.4 Latvia Recreational Boat Market Opportunity Assessment, By Engine Type, 2021 & 2031F

9.5 Latvia Recreational Boat Market Opportunity Assessment, By Power Range, 2021 & 2031F

9.6 Latvia Recreational Boat Market Opportunity Assessment, By Material Type, 2021 & 2031F

9.7 Latvia Recreational Boat Market Opportunity Assessment, By Activity Type, 2021 & 2031F

9.7 Latvia Recreational Boat Market Opportunity Assessment, By Power Source, 2021 & 2031F

10 Latvia Recreational Boat Market - Competitive Landscape

10.1 Latvia Recreational Boat Market Revenue Share, By Companies, 2024

10.2 Latvia Recreational Boat Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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