| Product Code: ETC4977313 | 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 |
Latvia`s scaffolding import market in 2024 saw a diverse range of top exporting countries, including Lithuania, Turkey, Germany, Estonia, and Poland. With a moderate concentration level measured by the HHI, the market experienced a significant decline in compound annual growth rate (CAGR) from 2020 to 2024 at -12.6%. The growth rate from 2023 to 2024 was particularly steep at -40.18%, indicating a challenging year for the industry. It will be crucial for stakeholders to closely monitor market dynamics and adapt strategies to navigate these fluctuations effectively.

In the Europe region, the Scaffolding market in Latvia is projected to expand at a stable growth rate of 3.57% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

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 Scaffolding Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Scaffolding Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Scaffolding Market - Industry Life Cycle |
3.4 Latvia Scaffolding Market - Porter's Five Forces |
3.5 Latvia Scaffolding Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Scaffolding Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Latvia Scaffolding Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Scaffolding Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in construction activities and infrastructure development projects in Latvia |
4.2.2 Increasing focus on workplace safety regulations and standards |
4.2.3 Rising demand for renovation and maintenance work in residential and commercial buildings |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting overall project costs |
4.3.2 Regulatory challenges and compliance requirements affecting market operations |
4.3.3 Competition from alternative access solutions such as aerial work platforms |
5 Latvia Scaffolding Market Trends |
6 Latvia Scaffolding Market Segmentations |
6.1 Latvia Scaffolding Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Scaffolding Market Revenues & Volume, By Supported Scaffolding, 2021-2031F |
6.1.3 Latvia Scaffolding Market Revenues & Volume, By Suspended Scaffolding, 2021-2031F |
6.1.4 Latvia Scaffolding Market Revenues & Volume, By Rolling Scaffolding, 2021-2031F |
6.2 Latvia Scaffolding Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Latvia Scaffolding Market Revenues & Volume, By Aluminum, 2021-2031F |
6.2.3 Latvia Scaffolding Market Revenues & Volume, By Wood, 2021-2031F |
6.2.4 Latvia Scaffolding Market Revenues & Volume, By Steel, 2021-2031F |
6.3 Latvia Scaffolding Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Scaffolding Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Latvia Scaffolding Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.4 Latvia Scaffolding Market Revenues & Volume, By Industrial, 2021-2031F |
7 Latvia Scaffolding Market Import-Export Trade Statistics |
7.1 Latvia Scaffolding Market Export to Major Countries |
7.2 Latvia Scaffolding Market Imports from Major Countries |
8 Latvia Scaffolding Market Key Performance Indicators |
8.1 Average utilization rate of scaffolding equipment in construction projects |
8.2 Rate of adoption of advanced scaffolding technologies and systems |
8.3 Number of workplace accidents and incidents related to scaffolding use |
9 Latvia Scaffolding Market - Opportunity Assessment |
9.1 Latvia Scaffolding Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Scaffolding Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Latvia Scaffolding Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Scaffolding Market - Competitive Landscape |
10.1 Latvia Scaffolding Market Revenue Share, By Companies, 2024 |
10.2 Latvia Scaffolding 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.
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