| Product Code: ETC10895989 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Latvia saw a steady flow of tactical flashlight imports from key suppliers including Lithuania, USA, Germany, Poland, and China. The market remained moderately competitive with a low concentration level indicated by the Herfindahl-Hirschman Index (HHI). Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-2024 was a positive 7.02%. This data suggests a resilient market for tactical flashlights in Latvia, with diverse sources of supply contributing to its stability and growth.

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 Tactical Flashlight Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Tactical Flashlight Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Tactical Flashlight Market - Industry Life Cycle |
3.4 Latvia Tactical Flashlight Market - Porter's Five Forces |
3.5 Latvia Tactical Flashlight Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Tactical Flashlight Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Tactical Flashlight Market Revenues & Volume Share, By Power Source, 2021 & 2031F |
3.8 Latvia Tactical Flashlight Market Revenues & Volume Share, By Light Type, 2021 & 2031F |
4 Latvia Tactical Flashlight Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for outdoor activities and adventure sports in Latvia |
4.2.2 Growing emphasis on personal safety and security concerns among the population |
4.2.3 Technological advancements leading to more efficient and durable tactical flashlights |
4.3 Market Restraints |
4.3.1 High competition from established brands in the tactical flashlight market |
4.3.2 Economic uncertainty affecting consumer purchasing power in Latvia |
5 Latvia Tactical Flashlight Market Trends |
6 Latvia Tactical Flashlight Market, By Types |
6.1 Latvia Tactical Flashlight Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Tactical Flashlight Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Latvia Tactical Flashlight Market Revenues & Volume, By LED Flashlights, 2021 - 2031F |
6.1.4 Latvia Tactical Flashlight Market Revenues & Volume, By Handheld Flashlights, 2021 - 2031F |
6.2 Latvia Tactical Flashlight Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Tactical Flashlight Market Revenues & Volume, By Tactical, 2021 - 2031F |
6.2.3 Latvia Tactical Flashlight Market Revenues & Volume, By Outdoor Use, 2021 - 2031F |
6.3 Latvia Tactical Flashlight Market, By Power Source |
6.3.1 Overview and Analysis |
6.3.2 Latvia Tactical Flashlight Market Revenues & Volume, By Battery Powered, 2021 - 2031F |
6.3.3 Latvia Tactical Flashlight Market Revenues & Volume, By Rechargeable, 2021 - 2031F |
6.4 Latvia Tactical Flashlight Market, By Light Type |
6.4.1 Overview and Analysis |
6.4.2 Latvia Tactical Flashlight Market Revenues & Volume, By White Light, 2021 - 2031F |
6.4.3 Latvia Tactical Flashlight Market Revenues & Volume, By Infrared, 2021 - 2031F |
7 Latvia Tactical Flashlight Market Import-Export Trade Statistics |
7.1 Latvia Tactical Flashlight Market Export to Major Countries |
7.2 Latvia Tactical Flashlight Market Imports from Major Countries |
8 Latvia Tactical Flashlight Market Key Performance Indicators |
8.1 Adoption rate of LED technology in tactical flashlights |
8.2 Number of new product launches with innovative features in the market |
8.3 Percentage of consumers who prioritize durability and water resistance in their purchase criteria |
9 Latvia Tactical Flashlight Market - Opportunity Assessment |
9.1 Latvia Tactical Flashlight Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Tactical Flashlight Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Tactical Flashlight Market Opportunity Assessment, By Power Source, 2021 & 2031F |
9.4 Latvia Tactical Flashlight Market Opportunity Assessment, By Light Type, 2021 & 2031F |
10 Latvia Tactical Flashlight Market - Competitive Landscape |
10.1 Latvia Tactical Flashlight Market Revenue Share, By Companies, 2024 |
10.2 Latvia Tactical Flashlight 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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