| Product Code: ETC7921778 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
In 2024, Latvia continued to see significant import shipments of snorkeling equipment, with top exporting countries including China, Poland, UK, Netherlands, and Lithuania. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a slight overall growth with a CAGR of 1.44% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -46.57%. This suggests potential shifts in market dynamics or external factors impacting the snorkeling equipment import market in 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 Snorkeling Equipment Market Overview | 
| 3.1 Latvia Country Macro Economic Indicators | 
| 3.2 Latvia Snorkeling Equipment Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Latvia Snorkeling Equipment Market - Industry Life Cycle | 
| 3.4 Latvia Snorkeling Equipment Market - Porter's Five Forces | 
| 3.5 Latvia Snorkeling Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F | 
| 3.6 Latvia Snorkeling Equipment Market Revenues & Volume Share, By Distribution Channels, 2021 & 2031F | 
| 3.7 Latvia Snorkeling Equipment Market Revenues & Volume Share, By End Use, 2021 & 2031F | 
| 4 Latvia Snorkeling Equipment Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Growing interest in outdoor recreational activities in Latvia | 
| 4.2.2 Increasing tourism in coastal regions of Latvia | 
| 4.2.3 Rising awareness about the benefits of snorkeling for health and well-being | 
| 4.3 Market Restraints | 
| 4.3.1 Seasonal demand due to Latvia's cold climate | 
| 4.3.2 Limited availability of specialized snorkeling equipment retailers in Latvia | 
| 4.3.3 High import taxes on snorkeling equipment in Latvia | 
| 5 Latvia Snorkeling Equipment Market Trends | 
| 6 Latvia Snorkeling Equipment Market, By Types | 
| 6.1 Latvia Snorkeling Equipment Market, By Type | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Latvia Snorkeling Equipment Market Revenues & Volume, By Type, 2021- 2031F | 
| 6.1.3 Latvia Snorkeling Equipment Market Revenues & Volume, By Snorkels, 2021- 2031F | 
| 6.1.4 Latvia Snorkeling Equipment Market Revenues & Volume, By Snorkeling Masks, 2021- 2031F | 
| 6.1.5 Latvia Snorkeling Equipment Market Revenues & Volume, By Snorkeling Fins, 2021- 2031F | 
| 6.2 Latvia Snorkeling Equipment Market, By Distribution Channels | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Latvia Snorkeling Equipment Market Revenues & Volume, By E-Commerce, 2021- 2031F | 
| 6.2.3 Latvia Snorkeling Equipment Market Revenues & Volume, By Specialty Stores, 2021- 2031F | 
| 6.2.4 Latvia Snorkeling Equipment Market Revenues & Volume, By Hypermarkets and Supermarkets, 2021- 2031F | 
| 6.2.5 Latvia Snorkeling Equipment Market Revenues & Volume, By Others, 2021- 2031F | 
| 6.3 Latvia Snorkeling Equipment Market, By End Use | 
| 6.3.1 Overview and Analysis | 
| 6.3.2 Latvia Snorkeling Equipment Market Revenues & Volume, By Residential, 2021- 2031F | 
| 6.3.3 Latvia Snorkeling Equipment Market Revenues & Volume, By Commercial, 2021- 2031F | 
| 7 Latvia Snorkeling Equipment Market Import-Export Trade Statistics | 
| 7.1 Latvia Snorkeling Equipment Market Export to Major Countries | 
| 7.2 Latvia Snorkeling Equipment Market Imports from Major Countries | 
| 8 Latvia Snorkeling Equipment Market Key Performance Indicators | 
| 8.1 Number of snorkeling tours and excursions organized in Latvia | 
| 8.2 Percentage increase in online searches for snorkeling equipment in Latvia | 
| 8.3 Number of snorkeling equipment rental services established in coastal regions of Latvia | 
| 9 Latvia Snorkeling Equipment Market - Opportunity Assessment | 
| 9.1 Latvia Snorkeling Equipment Market Opportunity Assessment, By Type, 2021 & 2031F | 
| 9.2 Latvia Snorkeling Equipment Market Opportunity Assessment, By Distribution Channels, 2021 & 2031F | 
| 9.3 Latvia Snorkeling Equipment Market Opportunity Assessment, By End Use, 2021 & 2031F | 
| 10 Latvia Snorkeling Equipment Market - Competitive Landscape | 
| 10.1 Latvia Snorkeling Equipment Market Revenue Share, By Companies, 2024 | 
| 10.2 Latvia Snorkeling Equipment Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 
| 13 Disclaimer |