Latvia Steel Wire Rope & Plastic Rope Market (2025-2031) | Segmentation, Trends, Industry, Growth, Companies, Size, Value, Forecast, Revenue, Analysis, Share & Outlook

Market Forecast By Typeof Lay (Regular Lay, Lang Lay), By Material Type (PP, PET, Nylon, HMPE, Specialty fibers), By Application (Marine & Fishing, Sports & Leisure, Oil & Gas, Industrial & Crane, Mining, Construction, Others) And Competitive Landscape
Product Code: ETC5695494 Publication Date: Nov 2023 Updated Date: Oct 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Latvia Steel Wire Rope & Plastic Rope Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Latvia`s steel wire rope and plastic rope import shipments in 2024 saw a decline in CAGR at -7.0%, with a significant drop in growth rate from 2023 to 2024 at -30.31%. Despite this, the top countries exporting to Latvia were Ukraine, Lithuania, South Korea, Sweden, and the UK. The Herfindahl-Hirschman Index (HHI) remained at very low concentration levels in 2024, indicating a diverse market with no dominant players. This suggests a competitive landscape in the import market for steel wire rope and plastic rope in Latvia.

Key Highlights of the Report:

  • Latvia Steel Wire Rope & Plastic Rope Market Outlook
  • Market Size of Latvia Steel Wire Rope & Plastic Rope Market, 2024
  • Forecast of Latvia Steel Wire Rope & Plastic Rope Market, 2031
  • Historical Data and Forecast of Latvia Steel Wire Rope & Plastic Rope Revenues & Volume for the Period 2021-2031
  • Latvia Steel Wire Rope & Plastic Rope Market Trend Evolution
  • Latvia Steel Wire Rope & Plastic Rope Market Drivers and Challenges
  • Latvia Steel Wire Rope & Plastic Rope Price Trends
  • Latvia Steel Wire Rope & Plastic Rope Porter`s Five Forces
  • Latvia Steel Wire Rope & Plastic Rope Industry Life Cycle
  • Historical Data and Forecast of Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume By Typeof Lay for the Period 2021-2031
  • Historical Data and Forecast of Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume By Regular Lay for the Period 2021-2031
  • Historical Data and Forecast of Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume By Lang Lay for the Period 2021-2031
  • Historical Data and Forecast of Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume By Material Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume By PP for the Period 2021-2031
  • Historical Data and Forecast of Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume By PET for the Period 2021-2031
  • Historical Data and Forecast of Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume By Nylon for the Period 2021-2031
  • Historical Data and Forecast of Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume By HMPE for the Period 2021-2031
  • Historical Data and Forecast of Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume By Specialty fibers for the Period 2021-2031
  • Historical Data and Forecast of Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume By Marine & Fishing for the Period 2021-2031
  • Historical Data and Forecast of Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume By Sports & Leisure for the Period 2021-2031
  • Historical Data and Forecast of Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume By Oil & Gas for the Period 2021-2031
  • Historical Data and Forecast of Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume By Industrial & Crane for the Period 2021-2031
  • Historical Data and Forecast of Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume By Mining for the Period 2021-2031
  • Historical Data and Forecast of Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume By Construction for the Period 2021-2031
  • Historical Data and Forecast of Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume By Others for the Period 2021-2031
  • Latvia Steel Wire Rope & Plastic Rope Import Export Trade Statistics
  • Market Opportunity Assessment By Typeof Lay
  • Market Opportunity Assessment By Material Type
  • Market Opportunity Assessment By Application
  • Latvia Steel Wire Rope & Plastic Rope Top Companies Market Share
  • Latvia Steel Wire Rope & Plastic Rope Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Steel Wire Rope & Plastic Rope Company Profiles
  • Latvia Steel Wire Rope & Plastic Rope Key Strategic Recommendations

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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 Steel Wire Rope & Plastic Rope Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Steel Wire Rope & Plastic Rope Market - Industry Life Cycle

3.4 Latvia Steel Wire Rope & Plastic Rope Market - Porter's Five Forces

3.5 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume Share, By Typeof Lay, 2021 & 2031F

3.6 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume Share, By Material Type, 2021 & 2031F

3.7 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Latvia Steel Wire Rope & Plastic Rope Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing infrastructure development projects in Latvia

4.2.2 Increasing demand for steel wire rope in industries such as construction, mining, and transportation

4.2.3 Technological advancements leading to the development of innovative plastic ropes

4.3 Market Restraints

4.3.1 Volatility in raw material prices impacting production costs

4.3.2 Environmental concerns and regulations promoting sustainable alternatives to traditional ropes

4.3.3 Competition from substitute materials like synthetic fibers impacting market growth

5 Latvia Steel Wire Rope & Plastic Rope Market Trends

6 Latvia Steel Wire Rope & Plastic Rope Market Segmentations

6.1 Latvia Steel Wire Rope & Plastic Rope Market, By Typeof Lay

6.1.1 Overview and Analysis

6.1.2 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume, By Regular Lay, 2021-2031F

6.1.3 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume, By Lang Lay, 2021-2031F

6.2 Latvia Steel Wire Rope & Plastic Rope Market, By Material Type

6.2.1 Overview and Analysis

6.2.2 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume, By PP, 2021-2031F

6.2.3 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume, By PET, 2021-2031F

6.2.4 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume, By Nylon, 2021-2031F

6.2.5 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume, By HMPE, 2021-2031F

6.2.6 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume, By Specialty fibers, 2021-2031F

6.3 Latvia Steel Wire Rope & Plastic Rope Market, By Application

6.3.1 Overview and Analysis

6.3.2 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume, By Marine & Fishing, 2021-2031F

6.3.3 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume, By Sports & Leisure, 2021-2031F

6.3.4 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume, By Oil & Gas, 2021-2031F

6.3.5 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume, By Industrial & Crane, 2021-2031F

6.3.6 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume, By Mining, 2021-2031F

6.3.7 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume, By Construction, 2021-2031F

7 Latvia Steel Wire Rope & Plastic Rope Market Import-Export Trade Statistics

7.1 Latvia Steel Wire Rope & Plastic Rope Market Export to Major Countries

7.2 Latvia Steel Wire Rope & Plastic Rope Market Imports from Major Countries

8 Latvia Steel Wire Rope & Plastic Rope Market Key Performance Indicators

8.1 Adoption rate of steel wire rope and plastic rope in key industries

8.2 Number of infrastructure projects utilizing steel wire rope and plastic rope

8.3 Rate of innovation and introduction of new products in the steel wire rope and plastic rope market

9 Latvia Steel Wire Rope & Plastic Rope Market - Opportunity Assessment

9.1 Latvia Steel Wire Rope & Plastic Rope Market Opportunity Assessment, By Typeof Lay, 2021 & 2031F

9.2 Latvia Steel Wire Rope & Plastic Rope Market Opportunity Assessment, By Material Type, 2021 & 2031F

9.3 Latvia Steel Wire Rope & Plastic Rope Market Opportunity Assessment, By Application, 2021 & 2031F

10 Latvia Steel Wire Rope & Plastic Rope Market - Competitive Landscape

10.1 Latvia Steel Wire Rope & Plastic Rope Market Revenue Share, By Companies, 2024

10.2 Latvia Steel Wire Rope & Plastic Rope Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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