| Product Code: ETC7924450 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
In 2024, Latvia continued to see a steady flow of water-based enamel imports, with top exporters being Lithuania, Poland, Finland, Estonia, and Sweden. Despite this diversification, the market remained moderately concentrated with a low Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was positive at 2.14%, indicating gradual expansion. However, there was a slight decline in growth rate from 2023 to 2024 at -8.81%, suggesting a potential slowdown in the market. Monitoring these trends and factors will be crucial for stakeholders in the Latvian water-based enamel import industry.
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 Water Based Enamel Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Water Based Enamel Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Water Based Enamel Market - Industry Life Cycle |
3.4 Latvia Water Based Enamel Market - Porter's Five Forces |
3.5 Latvia Water Based Enamel Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Water Based Enamel Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Water Based Enamel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing environmental awareness and regulations favoring water-based products |
4.2.2 Growing demand for eco-friendly and low VOC coatings |
4.2.3 Technological advancements leading to improved performance of water-based enamels |
4.3 Market Restraints |
4.3.1 Higher initial cost compared to solvent-based enamels |
4.3.2 Limited color options and finish varieties available in water-based enamels |
4.3.3 Longer drying times impacting efficiency and productivity |
5 Latvia Water Based Enamel Market Trends |
6 Latvia Water Based Enamel Market, By Types |
6.1 Latvia Water Based Enamel Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Water Based Enamel Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Water Based Enamel Market Revenues & Volume, By Low Sheen, 2021- 2031F |
6.1.4 Latvia Water Based Enamel Market Revenues & Volume, By Mid Sheen, 2021- 2031F |
6.1.5 Latvia Water Based Enamel Market Revenues & Volume, By High Sheen, 2021- 2031F |
6.2 Latvia Water Based Enamel Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Water Based Enamel Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.3 Latvia Water Based Enamel Market Revenues & Volume, By Furniture, 2021- 2031F |
6.2.4 Latvia Water Based Enamel Market Revenues & Volume, By Automotive and Ancillaries, 2021- 2031F |
6.2.5 Latvia Water Based Enamel Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Water Based Enamel Market Import-Export Trade Statistics |
7.1 Latvia Water Based Enamel Market Export to Major Countries |
7.2 Latvia Water Based Enamel Market Imports from Major Countries |
8 Latvia Water Based Enamel Market Key Performance Indicators |
8.1 Adoption rate of water-based enamel by key industries |
8.2 Investment in research and development for water-based enamel formulations |
8.3 Percentage of manufacturers offering water-based enamel in their product portfolio |
9 Latvia Water Based Enamel Market - Opportunity Assessment |
9.1 Latvia Water Based Enamel Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Water Based Enamel Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Water Based Enamel Market - Competitive Landscape |
10.1 Latvia Water Based Enamel Market Revenue Share, By Companies, 2024 |
10.2 Latvia Water Based Enamel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |