| Product Code: ETC5825701 | 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`s umbrella import market in 2024 saw diversification with top exporters being Italy, Austria, Croatia, Poland, and China. The shift from high to moderate concentration indicates a more balanced market. With a strong compound annual growth rate of 13.83% from 2020 to 2024 and a steady growth rate of 1.3% in 2024, the umbrella import sector in Latvia shows resilience and potential for further expansion. This data suggests opportunities for market players to capitalize on the growing demand for umbrellas in the country.

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 Umbrella Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Umbrella Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Umbrella Market - Industry Life Cycle |
3.4 Latvia Umbrella Market - Porter's Five Forces |
3.5 Latvia Umbrella Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Umbrella Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Umbrella Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the importance of protection from sun and rain |
4.2.2 Growing tourism industry in Latvia |
4.2.3 Fashion trends favoring the use of umbrellas |
4.3 Market Restraints |
4.3.1 Seasonality of umbrella sales |
4.3.2 Competition from alternative rain protection products like raincoats and ponchos |
4.3.3 Economic fluctuations impacting consumer spending on non-essential items |
5 Latvia Umbrella Market Trends |
6 Latvia Umbrella Market Segmentations |
6.1 Latvia Umbrella Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Umbrella Market Revenues & Volume, By Reverse Umbrella, 2021-2031F |
6.1.3 Latvia Umbrella Market Revenues & Volume, By Straight Umbrella, 2021-2031F |
6.1.4 Latvia Umbrella Market Revenues & Volume, By Folding Umbrella, 2021-2031F |
6.1.5 Latvia Umbrella Market Revenues & Volume, By Automatic Umbrella, 2021-2031F |
6.1.6 Latvia Umbrella Market Revenues & Volume, By Other, 2021-2031F |
6.2 Latvia Umbrella Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Umbrella Market Revenues & Volume, By Commercial Use, 2021-2031F |
6.2.3 Latvia Umbrella Market Revenues & Volume, By Entertainment Use, 2021-2031F |
7 Latvia Umbrella Market Import-Export Trade Statistics |
7.1 Latvia Umbrella Market Export to Major Countries |
7.2 Latvia Umbrella Market Imports from Major Countries |
8 Latvia Umbrella Market Key Performance Indicators |
8.1 Average selling price of umbrellas |
8.2 Number of new umbrella designs introduced per year |
8.3 Percentage of umbrellas sold with UV protection feature |
9 Latvia Umbrella Market - Opportunity Assessment |
9.1 Latvia Umbrella Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Umbrella Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Umbrella Market - Competitive Landscape |
10.1 Latvia Umbrella Market Revenue Share, By Companies, 2024 |
10.2 Latvia Umbrella Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |