| Product Code: ETC5823573 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The market for stuffed toys imports in Latvia has shown steady growth with a CAGR of 5.73% from 2020 to 2024. Despite a slight decline in growth rate from 2023 to 2024, the top exporting countries to Latvia including Estonia, Lithuania, China, Poland, and Germany indicate a diverse mix of suppliers. However, the high Herfindahl-Hirschman Index (HHI) concentration suggests a relatively consolidated market landscape. This trend highlights the importance of monitoring competition dynamics and exploring opportunities for expansion in the Latvian stuffed toys import market.

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 Stuffed Toys Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Stuffed Toys Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Stuffed Toys Market - Industry Life Cycle |
3.4 Latvia Stuffed Toys Market - Porter's Five Forces |
3.5 Latvia Stuffed Toys Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Stuffed Toys Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
4 Latvia Stuffed Toys Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income in Latvia leading to higher spending on non-essential items like stuffed toys |
4.2.2 Growing popularity of educational and eco-friendly toys among parents driving demand for unique stuffed toys |
4.2.3 Rising trend of gifting stuffed toys for various occasions such as birthdays, holidays, and celebrations |
4.3 Market Restraints |
4.3.1 Competition from other toy categories like electronic toys, video games, and educational gadgets |
4.3.2 Challenges related to the supply chain and logistics, especially for imported stuffed toys |
4.3.3 Fluctuations in raw material prices impacting production costs and profit margins |
5 Latvia Stuffed Toys Market Trends |
6 Latvia Stuffed Toys Market Segmentations |
6.1 Latvia Stuffed Toys Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Stuffed Toys Market Revenues & Volume, By Cartoon Characters, 2021-2031F |
6.1.3 Latvia Stuffed Toys Market Revenues & Volume, By Animals, 2021-2031F |
6.1.4 Latvia Stuffed Toys Market Revenues & Volume, By Dolls, 2021-2031F |
6.1.5 Latvia Stuffed Toys Market Revenues & Volume, By Playsets, 2021-2031F |
6.1.6 Latvia Stuffed Toys Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Stuffed Toys Market, By Raw Material |
6.2.1 Overview and Analysis |
6.2.2 Latvia Stuffed Toys Market Revenues & Volume, By Pellets, 2021-2031F |
6.2.3 Latvia Stuffed Toys Market Revenues & Volume, By Fabric, 2021-2031F |
6.2.4 Latvia Stuffed Toys Market Revenues & Volume, By Bamboo, 2021-2031F |
6.2.5 Latvia Stuffed Toys Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Stuffed Toys Market Import-Export Trade Statistics |
7.1 Latvia Stuffed Toys Market Export to Major Countries |
7.2 Latvia Stuffed Toys Market Imports from Major Countries |
8 Latvia Stuffed Toys Market Key Performance Indicators |
8.1 Average selling price of stuffed toys in the Latvian market |
8.2 Number of new designs or product launches in the stuffed toys segment |
8.3 Customer satisfaction ratings for stuffed toy brands in Latvia |
9 Latvia Stuffed Toys Market - Opportunity Assessment |
9.1 Latvia Stuffed Toys Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Stuffed Toys Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
10 Latvia Stuffed Toys Market - Competitive Landscape |
10.1 Latvia Stuffed Toys Market Revenue Share, By Companies, 2024 |
10.2 Latvia Stuffed Toys Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |