| Product Code: ETC5333221 | 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 |
In 2024, Latvia saw consistent growth in wood coatings import shipments, with top exporters including Estonia, Lithuania, Slovenia, Poland, and Finland. The market remains diverse with low concentration, as indicated by the Herfindahl-Hirschman Index (HHI). Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-2024 stands at a healthy 2.42%, reflecting steady demand for wood coatings in Latvia. The country continues to attract imports from neighboring and European countries, contributing to a dynamic market landscape.

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 Wood Coatings Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Wood Coatings Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Wood Coatings Market - Industry Life Cycle |
3.4 Latvia Wood Coatings Market - Porter's Five Forces |
3.5 Latvia Wood Coatings Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Latvia Wood Coatings Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Latvia Wood Coatings Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Latvia Wood Coatings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable wood coatings |
4.2.2 Growth in the construction and furniture industries in Latvia |
4.2.3 Technological advancements leading to innovative wood coating products |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Stringent environmental regulations affecting product formulations and manufacturing processes |
5 Latvia Wood Coatings Market Trends |
6 Latvia Wood Coatings Market Segmentations |
6.1 Latvia Wood Coatings Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Wood Coatings Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.1.3 Latvia Wood Coatings Market Revenues & Volume, By Acrylics, 2021-2031F |
6.1.4 Latvia Wood Coatings Market Revenues & Volume, By Nitrocellulose, 2021-2031F |
6.1.5 Latvia Wood Coatings Market Revenues & Volume, By Unsaturated Polyester, 2021-2031F |
6.1.6 Latvia Wood Coatings Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Wood Coatings Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Latvia Wood Coatings Market Revenues & Volume, By Waterborne, 2021-2031F |
6.2.3 Latvia Wood Coatings Market Revenues & Volume, By Conventional Solid Solvent Borne, 2021-2031F |
6.2.4 Latvia Wood Coatings Market Revenues & Volume, By High Solid Solvent Borne, 2021-2031F |
6.2.5 Latvia Wood Coatings Market Revenues & Volume, By Powder Coating, 2021-2031F |
6.2.6 Latvia Wood Coatings Market Revenues & Volume, By Radiation Cured, 2021-2031F |
6.2.7 Latvia Wood Coatings Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Wood Coatings Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Wood Coatings Market Revenues & Volume, By Furniture, 2021-2031F |
6.3.3 Latvia Wood Coatings Market Revenues & Volume, By Joinery, 2021-2031F |
6.3.4 Latvia Wood Coatings Market Revenues & Volume, By Flooring, 2021-2031F |
6.3.5 Latvia Wood Coatings Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Wood Coatings Market Import-Export Trade Statistics |
7.1 Latvia Wood Coatings Market Export to Major Countries |
7.2 Latvia Wood Coatings Market Imports from Major Countries |
8 Latvia Wood Coatings Market Key Performance Indicators |
8.1 Research and development investment in new wood coating technologies |
8.2 Percentage of revenue from new product launches |
8.3 Adoption rate of eco-friendly wood coatings in the market |
8.4 Number of partnerships or collaborations for product development |
8.5 Customer satisfaction and retention rates for wood coating products |
9 Latvia Wood Coatings Market - Opportunity Assessment |
9.1 Latvia Wood Coatings Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Latvia Wood Coatings Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Latvia Wood Coatings Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Latvia Wood Coatings Market - Competitive Landscape |
10.1 Latvia Wood Coatings Market Revenue Share, By Companies, 2024 |
10.2 Latvia Wood Coatings Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |