| Product Code: ETC5314601 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s roofing underlay import market continued to grow steadily in 2024, with top exporters including Germany, Lithuania, Poland, Denmark, and Hungary. The market concentration, as indicated by the HHI, remained moderate, reflecting a competitive landscape. The impressive compound annual growth rate (CAGR) of 24.63% from 2020 to 2024 highlights the increasing demand for roofing underlay in Latvia. Moreover, the growth rate of 35.41% in 2024 alone indicates a surge in imports, potentially driven by various factors such as construction activity, renovation projects, or changing consumer preferences.

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 Roofing Underlay Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Roofing Underlay Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Roofing Underlay Market - Industry Life Cycle |
3.4 Latvia Roofing Underlay Market - Porter's Five Forces |
3.5 Latvia Roofing Underlay Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Roofing Underlay Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Roofing Underlay Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction activities in Latvia |
4.2.2 Increasing awareness about the importance of roof underlay in enhancing roof lifespan |
4.2.3 Implementation of stringent building codes and regulations in Latvia |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Competition from substitute products like waterproof membranes |
4.3.3 Economic uncertainties impacting construction industry in Latvia |
5 Latvia Roofing Underlay Market Trends |
6 Latvia Roofing Underlay Market Segmentations |
6.1 Latvia Roofing Underlay Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Roofing Underlay Market Revenues & Volume, By Asphalt-saturated felt, 2021-2031F |
6.1.3 Latvia Roofing Underlay Market Revenues & Volume, By Rubberized asphalt, 2021-2031F |
6.1.4 Latvia Roofing Underlay Market Revenues & Volume, By Non-bitumen synthetic, 2021-2031F |
6.2 Latvia Roofing Underlay Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Roofing Underlay Market Revenues & Volume, By Residential construction, 2021-2031F |
6.2.3 Latvia Roofing Underlay Market Revenues & Volume, By Non-residential construction, 2021-2031F |
7 Latvia Roofing Underlay Market Import-Export Trade Statistics |
7.1 Latvia Roofing Underlay Market Export to Major Countries |
7.2 Latvia Roofing Underlay Market Imports from Major Countries |
8 Latvia Roofing Underlay Market Key Performance Indicators |
8.1 Average installation time of roofing underlay |
8.2 Percentage of buildings using roof underlay in compliance with regulations |
8.3 Number of new construction projects utilizing roofing underlay technology |
9 Latvia Roofing Underlay Market - Opportunity Assessment |
9.1 Latvia Roofing Underlay Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Roofing Underlay Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Roofing Underlay Market - Competitive Landscape |
10.1 Latvia Roofing Underlay Market Revenue Share, By Companies, 2024 |
10.2 Latvia Roofing Underlay Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here