| Product Code: ETC4800955 | 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 |
The sports protective equipment import shipments to Latvia in 2024 show a diversification in sources, with Germany, Sweden, Italy, Poland, and Belgium being the top exporting countries. The decrease in the Herfindahl-Hirschman Index (HHI) from high to moderate concentration indicates a more balanced market landscape. Despite a negative growth rate in 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remains positive at 3.74%, reflecting a steady expansion in the sports protective equipment import market in Latvia over the past few years.

By 2027, the Sports Protective Equipment market in Latvia is anticipated to reach a growth rate of 3.68%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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 Sports Protective Equipment Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Sports Protective Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Sports Protective Equipment Market - Industry Life Cycle |
3.4 Latvia Sports Protective Equipment Market - Porter's Five Forces |
3.5 Latvia Sports Protective Equipment Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Sports Protective Equipment Market Revenues & Volume Share, By Area of Protection, 2021 & 2031F |
3.7 Latvia Sports Protective Equipment Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Sports Protective Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the importance of sports safety |
4.2.2 Growing participation in sports activities in Latvia |
4.2.3 Technological advancements leading to innovative and more effective protective equipment |
4.3 Market Restraints |
4.3.1 High cost associated with quality sports protective equipment |
4.3.2 Limited availability of specialized sports protective gear in the market |
4.3.3 Concerns about the comfort and fit of protective equipment among athletes |
5 Latvia Sports Protective Equipment Market Trends |
6 Latvia Sports Protective Equipment Market Segmentations |
6.1 Latvia Sports Protective Equipment Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Sports Protective Equipment Market Revenues & Volume, By Helmets & Other Headgear? , 2021-2031F |
6.1.3 Latvia Sports Protective Equipment Market Revenues & Volume, By Pads, Guards, Chest Protectors, & Gloves, 2021-2031F |
6.1.4 Latvia Sports Protective Equipment Market Revenues & Volume, By Protective Eyewear, 2021-2031F |
6.1.5 Latvia Sports Protective Equipment Market Revenues & Volume, By Face Protection & Mouth Guards? , 2021-2031F |
6.2 Latvia Sports Protective Equipment Market, By Area of Protection |
6.2.1 Overview and Analysis |
6.2.2 Latvia Sports Protective Equipment Market Revenues & Volume, By Head & Face Protective Equipment, 2021-2031F |
6.2.3 Latvia Sports Protective Equipment Market Revenues & Volume, By Trunk & Thorax Protective Equipment, 2021-2031F |
6.2.4 Latvia Sports Protective Equipment Market Revenues & Volume, By Upper Extremity Protective Equipment, 2021-2031F |
6.2.5 Latvia Sports Protective Equipment Market Revenues & Volume, By Lower Extremity Protective Equipment, 2021-2031F |
6.3 Latvia Sports Protective Equipment Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Sports Protective Equipment Market Revenues & Volume, By Specialty Retail Stores, 2021-2031F |
6.3.3 Latvia Sports Protective Equipment Market Revenues & Volume, By Multi-Retail Stores, 2021-2031F |
6.3.4 Latvia Sports Protective Equipment Market Revenues & Volume, By Online Stores & Others, 2021-2031F |
7 Latvia Sports Protective Equipment Market Import-Export Trade Statistics |
7.1 Latvia Sports Protective Equipment Market Export to Major Countries |
7.2 Latvia Sports Protective Equipment Market Imports from Major Countries |
8 Latvia Sports Protective Equipment Market Key Performance Indicators |
8.1 Number of sports injuries reported annually and the trend over time |
8.2 Adoption rate of new technologies in sports protective equipment |
8.3 Percentage of sports organizations or events mandating the use of protective gear |
8.4 Customer satisfaction ratings and feedback on the comfort and performance of protective equipment |
8.5 Growth in the number of sports retailers stocking a variety of sports protective gear |
9 Latvia Sports Protective Equipment Market - Opportunity Assessment |
9.1 Latvia Sports Protective Equipment Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Sports Protective Equipment Market Opportunity Assessment, By Area of Protection, 2021 & 2031F |
9.3 Latvia Sports Protective Equipment Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Sports Protective Equipment Market - Competitive Landscape |
10.1 Latvia Sports Protective Equipment Market Revenue Share, By Companies, 2024 |
10.2 Latvia Sports Protective Equipment 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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