| Product Code: ETC11305141 | 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 |
Latvia continues to rely on water tank imports, with top suppliers being Poland, Estonia, Lithuania, Germany, and Italy in 2024. The market shows high concentration with a stable HHI index. However, the industry experienced a slight decline in growth rate from 2023 to 2024. With a modest compound annual growth rate of 0.16% from 2020 to 2024, the market remains relatively stable with potential for further development and competition among key exporting countries.

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 Tank Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Water Tank Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Water Tank Market - Industry Life Cycle |
3.4 Latvia Water Tank Market - Porter's Five Forces |
3.5 Latvia Water Tank Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Water Tank Market Revenues & Volume Share, By Material Used, 2021 & 2031F |
3.7 Latvia Water Tank Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Latvia Water Tank Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Water Tank Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and industrialization leading to higher demand for water storage solutions. |
4.2.2 Growing awareness about the importance of water conservation and sustainable water management practices. |
4.2.3 Government initiatives and regulations promoting the use of water tanks for rainwater harvesting and water storage. |
4.3 Market Restraints |
4.3.1 Seasonal fluctuations in demand due to varying weather patterns impacting the need for water tanks. |
4.3.2 Competition from alternative water storage solutions such as water barrels or underground tanks. |
4.3.3 Fluctuating raw material prices affecting the manufacturing cost of water tanks. |
5 Latvia Water Tank Market Trends |
6 Latvia Water Tank Market, By Types |
6.1 Latvia Water Tank Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Water Tank Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Water Tank Market Revenues & Volume, By Overhead Tanks, 2021 - 2031F |
6.1.4 Latvia Water Tank Market Revenues & Volume, By Underground Tanks, 2021 - 2031F |
6.1.5 Latvia Water Tank Market Revenues & Volume, By Industrial Tanks, 2021 - 2031F |
6.1.6 Latvia Water Tank Market Revenues & Volume, By Plastic Tanks, 2021 - 2031F |
6.1.7 Latvia Water Tank Market Revenues & Volume, By Modular Tanks, 2021 - 2031F |
6.2 Latvia Water Tank Market, By Material Used |
6.2.1 Overview and Analysis |
6.2.2 Latvia Water Tank Market Revenues & Volume, By Concrete, 2021 - 2031F |
6.2.3 Latvia Water Tank Market Revenues & Volume, By Fiberglass, 2021 - 2031F |
6.2.4 Latvia Water Tank Market Revenues & Volume, By Stainless Steel, 2021 - 2031F |
6.2.5 Latvia Water Tank Market Revenues & Volume, By Polyethylene, 2021 - 2031F |
6.2.6 Latvia Water Tank Market Revenues & Volume, By Composite Materials, 2021 - 2031F |
6.3 Latvia Water Tank Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Water Tank Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.3 Latvia Water Tank Market Revenues & Volume, By Commercial Buildings, 2021 - 2031F |
6.3.4 Latvia Water Tank Market Revenues & Volume, By Factories, 2021 - 2031F |
6.3.5 Latvia Water Tank Market Revenues & Volume, By Agricultural Farms, 2021 - 2031F |
6.3.6 Latvia Water Tank Market Revenues & Volume, By Municipalities, 2021 - 2031F |
6.4 Latvia Water Tank Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Water Tank Market Revenues & Volume, By Domestic Water Storage, 2021 - 2031F |
6.4.3 Latvia Water Tank Market Revenues & Volume, By Rainwater Harvesting, 2021 - 2031F |
6.4.4 Latvia Water Tank Market Revenues & Volume, By Process Water Storage, 2021 - 2031F |
6.4.5 Latvia Water Tank Market Revenues & Volume, By Irrigation Storage, 2021 - 2031F |
6.4.6 Latvia Water Tank Market Revenues & Volume, By Emergency Water Supply, 2021 - 2031F |
7 Latvia Water Tank Market Import-Export Trade Statistics |
7.1 Latvia Water Tank Market Export to Major Countries |
7.2 Latvia Water Tank Market Imports from Major Countries |
8 Latvia Water Tank Market Key Performance Indicators |
8.1 Average capacity utilization rate of water tanks in Latvia. |
8.2 Number of government projects or initiatives promoting the use of water tanks for water conservation. |
8.3 Percentage of households or industries adopting rainwater harvesting systems with water tanks. |
9 Latvia Water Tank Market - Opportunity Assessment |
9.1 Latvia Water Tank Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Water Tank Market Opportunity Assessment, By Material Used, 2021 & 2031F |
9.3 Latvia Water Tank Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Latvia Water Tank Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Water Tank Market - Competitive Landscape |
10.1 Latvia Water Tank Market Revenue Share, By Companies, 2024 |
10.2 Latvia Water Tank Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |