| Product Code: ETC7924494 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a slight decline in growth rate from 2023 to 2024, Latvia has maintained high concentration levels in water-soluble paints imports with a HHI index. The top exporting countries to Latvia in 2024 include Estonia, Finland, Poland, Lithuania, and Sweden. With a notable compound annual growth rate (CAGR) of 7.69% from 2020 to 2024, the market for water-soluble paints in Latvia continues to show promising expansion and strong demand from neighboring countries in the region.

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-Soluble Paints Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Water-Soluble Paints Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Water-Soluble Paints Market - Industry Life Cycle |
3.4 Latvia Water-Soluble Paints Market - Porter's Five Forces |
3.5 Latvia Water-Soluble Paints Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Latvia Water-Soluble Paints Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Water-Soluble Paints Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing environmental awareness leading to a shift towards eco-friendly water-soluble paints |
4.2.2 Growing construction and renovation activities in Latvia |
4.2.3 Stringent government regulations promoting the use of water-soluble paints |
4.3 Market Restraints |
4.3.1 High initial costs associated with water-soluble paints compared to traditional paints |
4.3.2 Limited awareness and adoption of water-soluble paints among consumers |
4.3.3 Challenges in achieving the same level of durability and quality as traditional solvent-based paints |
5 Latvia Water-Soluble Paints Market Trends |
6 Latvia Water-Soluble Paints Market, By Types |
6.1 Latvia Water-Soluble Paints Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Water-Soluble Paints Market Revenues & Volume, By Material Type, 2021- 2031F |
6.1.3 Latvia Water-Soluble Paints Market Revenues & Volume, By Acrylic, 2021- 2031F |
6.1.4 Latvia Water-Soluble Paints Market Revenues & Volume, By Polyurethane, 2021- 2031F |
6.1.5 Latvia Water-Soluble Paints Market Revenues & Volume, By Polyester, 2021- 2031F |
6.1.6 Latvia Water-Soluble Paints Market Revenues & Volume, By Vinylic, 2021- 2031F |
6.1.7 Latvia Water-Soluble Paints Market Revenues & Volume, By Alkyd, 2021- 2031F |
6.1.8 Latvia Water-Soluble Paints Market Revenues & Volume, By Epoxy, 2021- 2031F |
6.1.9 Latvia Water-Soluble Paints Market Revenues & Volume, By Others, 2021- 2031F |
6.1.10 Latvia Water-Soluble Paints Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Water-Soluble Paints Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Water-Soluble Paints Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 Latvia Water-Soluble Paints Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.4 Latvia Water-Soluble Paints Market Revenues & Volume, By Infrastructure, 2021- 2031F |
6.2.5 Latvia Water-Soluble Paints Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.6 Latvia Water-Soluble Paints Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Water-Soluble Paints Market Import-Export Trade Statistics |
7.1 Latvia Water-Soluble Paints Market Export to Major Countries |
7.2 Latvia Water-Soluble Paints Market Imports from Major Countries |
8 Latvia Water-Soluble Paints Market Key Performance Indicators |
8.1 Percentage increase in the number of construction permits issued in Latvia |
8.2 Growth in the market share of water-soluble paints compared to solvent-based paints |
8.3 Number of new product innovations and technologies introduced in the water-soluble paints market |
9 Latvia Water-Soluble Paints Market - Opportunity Assessment |
9.1 Latvia Water-Soluble Paints Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Latvia Water-Soluble Paints Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Water-Soluble Paints Market - Competitive Landscape |
10.1 Latvia Water-Soluble Paints Market Revenue Share, By Companies, 2024 |
10.2 Latvia Water-Soluble Paints Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |