| Product Code: ETC4913739 | 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 |
The import shipments of reflective glass beads to Latvia in 2024 continued to be dominated by key exporters such as China, Germany, Hong Kong, India, and the UK. The market concentration, as measured by the HHI, remained high in 2024, indicating a strong presence of these top exporting countries. The industry has shown significant growth with a notable compound annual growth rate (CAGR) of 12.76% from 2020 to 2024. Furthermore, the growth rate from 2023 to 2024 surged by 14.04%, highlighting a robust upward trend in the import of reflective glass beads to Latvia.

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 Reflective Glass Beads Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Reflective Glass Beads Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Reflective Glass Beads Market - Industry Life Cycle |
3.4 Latvia Reflective Glass Beads Market - Porter's Five Forces |
3.5 Latvia Reflective Glass Beads Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Reflective Glass Beads Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Reflective Glass Beads Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for reflective glass beads in road marking and safety applications |
4.2.2 Increasing government regulations mandating the use of reflective materials for road safety |
4.2.3 Rising focus on infrastructure development and smart city projects in Latvia |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices affecting production costs |
4.3.2 Competition from alternative materials with reflective properties |
4.3.3 Economic instability impacting infrastructure spending and construction projects in Latvia |
5 Latvia Reflective Glass Beads Market Trends |
6 Latvia Reflective Glass Beads Market Segmentations |
6.1 Latvia Reflective Glass Beads Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Reflective Glass Beads Market Revenues & Volume, By Solid, 2021-2031F |
6.1.3 Latvia Reflective Glass Beads Market Revenues & Volume, By Hollow, 2021-2031F |
6.1.4 Latvia Reflective Glass Beads Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Reflective Glass Beads Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Reflective Glass Beads Market Revenues & Volume, By Reflective Material, 2021-2031F |
6.2.3 Latvia Reflective Glass Beads Market Revenues & Volume, By Polishing Material, 2021-2031F |
6.2.4 Latvia Reflective Glass Beads Market Revenues & Volume, By Thermal Insulating Material, 2021-2031F |
6.2.5 Latvia Reflective Glass Beads Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Reflective Glass Beads Market Import-Export Trade Statistics |
7.1 Latvia Reflective Glass Beads Market Export to Major Countries |
7.2 Latvia Reflective Glass Beads Market Imports from Major Countries |
8 Latvia Reflective Glass Beads Market Key Performance Indicators |
8.1 Number of road construction and maintenance projects using reflective glass beads |
8.2 Percentage increase in government investments in road safety and infrastructure development |
8.3 Adoption rate of smart city technologies incorporating reflective glass beads in Latvia |
9 Latvia Reflective Glass Beads Market - Opportunity Assessment |
9.1 Latvia Reflective Glass Beads Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Reflective Glass Beads Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Reflective Glass Beads Market - Competitive Landscape |
10.1 Latvia Reflective Glass Beads Market Revenue Share, By Companies, 2024 |
10.2 Latvia Reflective Glass Beads Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |