| Product Code: ETC10423477 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Latvia`s residential HVAC import market saw continued growth in 2024, with top exporting countries including China, Lithuania, and Sweden. The market remained moderately concentrated, reflecting steady competition among suppliers. The compound annual growth rate (CAGR) from 2020 to 2024 was a robust 13.43%, indicating sustained demand for HVAC products in Latvia. The growth rate from 2023 to 2024 was 1.02%, highlighting a stable upward trend in import shipments. Overall, the outlook for the residential HVAC market in Latvia appears positive, with diverse sources of supply driving continued expansion.

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 Residential HVAC Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Residential HVAC Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Residential HVAC Market - Industry Life Cycle |
3.4 Latvia Residential HVAC Market - Porter's Five Forces |
3.5 Latvia Residential HVAC Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Residential HVAC Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Latvia Residential HVAC Market Revenues & Volume Share, By Installation Type, 2021 & 2031F |
3.8 Latvia Residential HVAC Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Latvia Residential HVAC Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Residential HVAC Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Residential HVAC Market Trends |
6 Latvia Residential HVAC Market, By Types |
6.1 Latvia Residential HVAC Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Residential HVAC Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Residential HVAC Market Revenues & Volume, By Central AC, 2021 - 2031F |
6.1.4 Latvia Residential HVAC Market Revenues & Volume, By Ductless, 2021 - 2031F |
6.1.5 Latvia Residential HVAC Market Revenues & Volume, By Window Unit, 2021 - 2031F |
6.2 Latvia Residential HVAC Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Latvia Residential HVAC Market Revenues & Volume, By Split System, 2021 - 2031F |
6.2.3 Latvia Residential HVAC Market Revenues & Volume, By Heat Pump, 2021 - 2031F |
6.2.4 Latvia Residential HVAC Market Revenues & Volume, By VRF System, 2021 - 2031F |
6.3 Latvia Residential HVAC Market, By Installation Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Residential HVAC Market Revenues & Volume, By Indoor/Outdoor, 2021 - 2031F |
6.3.3 Latvia Residential HVAC Market Revenues & Volume, By Wall-Mounted, 2021 - 2031F |
6.3.4 Latvia Residential HVAC Market Revenues & Volume, By Window-Fixed, 2021 - 2031F |
6.4 Latvia Residential HVAC Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Residential HVAC Market Revenues & Volume, By Houses, 2021 - 2031F |
6.4.3 Latvia Residential HVAC Market Revenues & Volume, By Apartments, 2021 - 2031F |
6.4.4 Latvia Residential HVAC Market Revenues & Volume, By Villas, 2021 - 2031F |
6.5 Latvia Residential HVAC Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Latvia Residential HVAC Market Revenues & Volume, By Online, 2021 - 2031F |
6.5.3 Latvia Residential HVAC Market Revenues & Volume, By Offline, 2021 - 2031F |
6.5.4 Latvia Residential HVAC Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
7 Latvia Residential HVAC Market Import-Export Trade Statistics |
7.1 Latvia Residential HVAC Market Export to Major Countries |
7.2 Latvia Residential HVAC Market Imports from Major Countries |
8 Latvia Residential HVAC Market Key Performance Indicators |
9 Latvia Residential HVAC Market - Opportunity Assessment |
9.1 Latvia Residential HVAC Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Residential HVAC Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Latvia Residential HVAC Market Opportunity Assessment, By Installation Type, 2021 & 2031F |
9.4 Latvia Residential HVAC Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Latvia Residential HVAC Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Residential HVAC Market - Competitive Landscape |
10.1 Latvia Residential HVAC Market Revenue Share, By Companies, 2024 |
10.2 Latvia Residential HVAC Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |