Latvia Team Sports Market (2025-2031) | Industry, Size, Value, Growth, Analysis, Trends, Share, Companies, Forecast, Segmentation, Outlook & Revenue
Market Forecast By Sports (Basketball, Football, Volleyball, Cricket, Rugby, Others), By Demography (Male, Female) And Competitive Landscape
| Product Code: ETC5687514 | 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 |
Latvia Team Sports Market Top 5 Importing Countries and Market Competition (HHI) Analysis
The import shipments of team sports goods to Latvia in 2024 were mainly sourced from Germany, Belgium, Lithuania, Poland, and Finland. The market displayed a shift from moderate to low concentration, indicating a more diversified import landscape. The impressive compound annual growth rate (CAGR) of 13.69% from 2020 to 2024 highlights the increasing demand for team sports products in Latvia. However, the negative growth rate of -13.53% from 2023 to 2024 suggests a temporary slowdown in imports, possibly due to external factors or market fluctuations.
Key Highlights of the Report:
- Latvia Team Sports Market Outlook
- Market Size of Latvia Team Sports Market, 2024
- Forecast of Latvia Team Sports Market, 2031
- Historical Data and Forecast of Latvia Team Sports Revenues & Volume for the Period 2021-2031
- Latvia Team Sports Market Trend Evolution
- Latvia Team Sports Market Drivers and Challenges
- Latvia Team Sports Price Trends
- Latvia Team Sports Porter`s Five Forces
- Latvia Team Sports Industry Life Cycle
- Historical Data and Forecast of Latvia Team Sports Market Revenues & Volume By Sports for the Period 2021-2031
- Historical Data and Forecast of Latvia Team Sports Market Revenues & Volume By Basketball for the Period 2021-2031
- Historical Data and Forecast of Latvia Team Sports Market Revenues & Volume By Football for the Period 2021-2031
- Historical Data and Forecast of Latvia Team Sports Market Revenues & Volume By Volleyball for the Period 2021-2031
- Historical Data and Forecast of Latvia Team Sports Market Revenues & Volume By Cricket for the Period 2021-2031
- Historical Data and Forecast of Latvia Team Sports Market Revenues & Volume By Rugby for the Period 2021-2031
- Historical Data and Forecast of Latvia Team Sports Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Latvia Team Sports Market Revenues & Volume By Demography for the Period 2021-2031
- Historical Data and Forecast of Latvia Team Sports Market Revenues & Volume By Male for the Period 2021-2031
- Historical Data and Forecast of Latvia Team Sports Market Revenues & Volume By Female for the Period 2021-2031
- Latvia Team Sports Import Export Trade Statistics
- Market Opportunity Assessment By Sports
- Market Opportunity Assessment By Demography
- Latvia Team Sports Top Companies Market Share
- Latvia Team Sports Competitive Benchmarking By Technical and Operational Parameters
- Latvia Team Sports Company Profiles
- Latvia Team Sports Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Team Sports Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Team Sports Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Team Sports Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Team Sports Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Team Sports Market - Industry Life Cycle |
3.4 Latvia Team Sports Market - Porter's Five Forces |
3.5 Latvia Team Sports Market Revenues & Volume Share, By Sports, 2021 & 2031F |
3.6 Latvia Team Sports Market Revenues & Volume Share, By Demography, 2021 & 2031F |
4 Latvia Team Sports Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and participation in team sports among the Latvian population |
4.2.2 Growth in disposable income leading to higher spending on sports equipment and facilities |
4.2.3 Government initiatives promoting sports and fitness activities in Latvia |
4.3 Market Restraints |
4.3.1 Seasonal nature of team sports activities due to harsh weather conditions in Latvia |
4.3.2 Limited availability of quality sports facilities and infrastructure |
4.3.3 Competition from other leisure and entertainment options diverting consumer spending away from team sports |
5 Latvia Team Sports Market Trends |
6 Latvia Team Sports Market Segmentations |
6.1 Latvia Team Sports Market, By Sports |
6.1.1 Overview and Analysis |
6.1.2 Latvia Team Sports Market Revenues & Volume, By Basketball, 2021-2031F |
6.1.3 Latvia Team Sports Market Revenues & Volume, By Football, 2021-2031F |
6.1.4 Latvia Team Sports Market Revenues & Volume, By Volleyball, 2021-2031F |
6.1.5 Latvia Team Sports Market Revenues & Volume, By Cricket, 2021-2031F |
6.1.6 Latvia Team Sports Market Revenues & Volume, By Rugby, 2021-2031F |
6.1.7 Latvia Team Sports Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Team Sports Market, By Demography |
6.2.1 Overview and Analysis |
6.2.2 Latvia Team Sports Market Revenues & Volume, By Male, 2021-2031F |
6.2.3 Latvia Team Sports Market Revenues & Volume, By Female, 2021-2031F |
7 Latvia Team Sports Market Import-Export Trade Statistics |
7.1 Latvia Team Sports Market Export to Major Countries |
7.2 Latvia Team Sports Market Imports from Major Countries |
8 Latvia Team Sports Market Key Performance Indicators |
8.1 Percentage increase in the number of team sports clubs and organizations in Latvia |
8.2 Average participation rate in team sports activities among different age groups in Latvia |
8.3 Investment in sports infrastructure and facilities per capita in Latvia |
9 Latvia Team Sports Market - Opportunity Assessment |
9.1 Latvia Team Sports Market Opportunity Assessment, By Sports, 2021 & 2031F |
9.2 Latvia Team Sports Market Opportunity Assessment, By Demography, 2021 & 2031F |
10 Latvia Team Sports Market - Competitive Landscape |
10.1 Latvia Team Sports Market Revenue Share, By Companies, 2024 |
10.2 Latvia Team Sports Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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