| Product Code: ETC7921958 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continued to witness a strong influx of solid surface materials imports, with top exporters being Poland, Lithuania, Ukraine, Estonia, and Austria. Despite a modest Compound Annual Growth Rate (CAGR) of 0.31% from 2020-24, the market showed a notable growth rate of 11.05% from 2023-24. The High Herfindahl-Hirschman Index (HHI) in 2024 indicates a market concentration among these key exporting countries. This data suggests a stable yet growing market for solid surface materials in Latvia, with potential opportunities for further expansion and market diversification.

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 Solid Surface Materials Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Solid Surface Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Solid Surface Materials Market - Industry Life Cycle |
3.4 Latvia Solid Surface Materials Market - Porter's Five Forces |
3.5 Latvia Solid Surface Materials Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Solid Surface Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Solid Surface Materials Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Latvia Solid Surface Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for aesthetically pleasing and durable materials in interior design and architecture |
4.2.2 Increasing focus on sustainability and eco-friendly materials in construction projects |
4.2.3 Rising disposable income and urbanization leading to higher demand for premium solid surface materials |
4.3 Market Restraints |
4.3.1 High initial cost of solid surface materials compared to traditional options like laminate or granite |
4.3.2 Limited awareness and availability of solid surface materials in the market |
4.3.3 Fluctuating raw material prices impacting overall production costs |
5 Latvia Solid Surface Materials Market Trends |
6 Latvia Solid Surface Materials Market, By Types |
6.1 Latvia Solid Surface Materials Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Solid Surface Materials Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Solid Surface Materials Market Revenues & Volume, By Polyester-based Solid Surface, 2021- 2031F |
6.1.4 Latvia Solid Surface Materials Market Revenues & Volume, By Acrylic-based Solid Surface, 2021- 2031F |
6.1.5 Latvia Solid Surface Materials Market Revenues & Volume, By Others (Mixture of Polyester and Acrylic), 2021- 2031F |
6.2 Latvia Solid Surface Materials Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Solid Surface Materials Market Revenues & Volume, By Kitchen or Bath Countertops, 2021- 2031F |
6.2.3 Latvia Solid Surface Materials Market Revenues & Volume, By Flooring, 2021- 2031F |
6.2.4 Latvia Solid Surface Materials Market Revenues & Volume, By Bathroom & Shower Stall Dividers, 2021- 2031F |
6.2.5 Latvia Solid Surface Materials Market Revenues & Volume, By Furniture, 2021- 2031F |
6.2.6 Latvia Solid Surface Materials Market Revenues & Volume, By Wall Surfaces, 2021- 2031F |
6.2.7 Latvia Solid Surface Materials Market Revenues & Volume, By Transportation, 2021- 2031F |
6.3 Latvia Solid Surface Materials Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Solid Surface Materials Market Revenues & Volume, By Residential, 2021- 2031F |
6.3.3 Latvia Solid Surface Materials Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3.4 Latvia Solid Surface Materials Market Revenues & Volume, By Infrastructure, 2021- 2031F |
7 Latvia Solid Surface Materials Market Import-Export Trade Statistics |
7.1 Latvia Solid Surface Materials Market Export to Major Countries |
7.2 Latvia Solid Surface Materials Market Imports from Major Countries |
8 Latvia Solid Surface Materials Market Key Performance Indicators |
8.1 Number of new construction projects incorporating solid surface materials |
8.2 Percentage increase in demand for solid surface materials in the residential sector |
8.3 Adoption rate of eco-friendly solid surface materials in commercial projects |
8.4 Number of partnerships and collaborations between solid surface material manufacturers and designers/architects |
9 Latvia Solid Surface Materials Market - Opportunity Assessment |
9.1 Latvia Solid Surface Materials Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Solid Surface Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Solid Surface Materials Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Latvia Solid Surface Materials Market - Competitive Landscape |
10.1 Latvia Solid Surface Materials Market Revenue Share, By Companies, 2024 |
10.2 Latvia Solid Surface Materials 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