| Product Code: ETC5038759 | 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 |
Despite a significant decline in growth rate in 2024, Latvia`s scuba diving equipment import market continues to be dominated by a few key players. With top exporters like China, Poland, and the UK, the market remains concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). However, the overall compound annual growth rate (CAGR) from 2020 to 2024 shows steady albeit modest growth. The presence of diverse exporters like the Netherlands and Lithuania suggests a variety of options for Latvian consumers in the scuba diving equipment sector.

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 Scuba Diving Equipment Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Scuba Diving Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Scuba Diving Equipment Market - Industry Life Cycle |
3.4 Latvia Scuba Diving Equipment Market - Porter's Five Forces |
3.5 Latvia Scuba Diving Equipment Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Scuba Diving Equipment Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Scuba Diving Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing popularity of adventure sports and outdoor activities in Latvia |
4.2.2 Growth in tourism industry leading to higher demand for scuba diving experiences |
4.2.3 Rising disposable income of the population, enabling more people to afford scuba diving equipment |
4.3 Market Restraints |
4.3.1 Seasonality of scuba diving activities in Latvia due to weather conditions |
4.3.2 High initial cost of purchasing scuba diving equipment, limiting market penetration |
4.3.3 Limited availability of diving spots and infrastructure in Latvia compared to other popular diving destinations |
5 Latvia Scuba Diving Equipment Market Trends |
6 Latvia Scuba Diving Equipment Market Segmentations |
6.1 Latvia Scuba Diving Equipment Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Scuba Diving Equipment Market Revenues & Volume, By Regulators and Rebreathers, 2021-2031F |
6.1.3 Latvia Scuba Diving Equipment Market Revenues & Volume, By Bags and Apparel, 2021-2031F |
6.1.4 Latvia Scuba Diving Equipment Market Revenues & Volume, By Gauges and Dive Computers, 2021-2031F |
6.1.5 Latvia Scuba Diving Equipment Market Revenues & Volume, By Other Products, 2021-2031F |
6.2 Latvia Scuba Diving Equipment Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Scuba Diving Equipment Market Revenues & Volume, By E-Commerce, 2021-2031F |
6.2.3 Latvia Scuba Diving Equipment Market Revenues & Volume, By Hypermarkets and Supermarkets, 2021-2031F |
6.2.4 Latvia Scuba Diving Equipment Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.5 Latvia Scuba Diving Equipment Market Revenues & Volume, By Other Distribution Channels, 2021-2031F |
7 Latvia Scuba Diving Equipment Market Import-Export Trade Statistics |
7.1 Latvia Scuba Diving Equipment Market Export to Major Countries |
7.2 Latvia Scuba Diving Equipment Market Imports from Major Countries |
8 Latvia Scuba Diving Equipment Market Key Performance Indicators |
8.1 Number of scuba diving certifications issued in Latvia |
8.2 Average number of tourists participating in scuba diving activities annually |
8.3 Percentage increase in the number of scuba diving clubs and schools in Latvia |
8.4 Average utilization rate of existing diving spots and facilities |
8.5 Number of partnerships or collaborations between scuba diving equipment manufacturers and local businesses in Latvia |
9 Latvia Scuba Diving Equipment Market - Opportunity Assessment |
9.1 Latvia Scuba Diving Equipment Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Scuba Diving Equipment Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Scuba Diving Equipment Market - Competitive Landscape |
10.1 Latvia Scuba Diving Equipment Market Revenue Share, By Companies, 2024 |
10.2 Latvia Scuba Diving Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |