| Product Code: ETC5370865 | 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 |
The hardware import market in Lithuania continues to show steady growth, with a Compound Annual Growth Rate (CAGR) of 4.3% from 2020 to 2024. In 2024, the top exporting countries to Lithuania are Poland, Germany, Latvia, China, and Sweden. The Herfindahl-Hirschman Index (HHI) indicates very low concentration in 2024, suggesting a competitive market landscape. The growth rate from 2023 to 2024 is 2.96%, reflecting a positive trend in hardware import shipments. The diverse range of exporting countries highlights the strong international trade relationships in the hardware industry for Lithuania.

Lithuania's Hardware market is anticipated to experience a stable growth rate of 4.05% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

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 Lithuania Hardware Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Hardware Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Hardware Market - Industry Life Cycle |
3.4 Lithuania Hardware Market - Porter's Five Forces |
3.5 Lithuania Hardware Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Lithuania Hardware Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing infrastructure development projects in Lithuania |
4.2.2 Increasing demand for smart home solutions |
4.2.3 Rise in renovation and DIY activities in the country |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices |
4.3.2 Intense competition from international hardware manufacturers |
4.3.3 Impact of economic fluctuations on consumer spending |
5 Lithuania Hardware Market Trends |
6 Lithuania Hardware Market Segmentations |
6.1 Lithuania Hardware Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Hardware Market Revenues & Volume, By Furniture Hardware, 2021-2031F |
6.1.3 Lithuania Hardware Market Revenues & Volume, By Motor Vehicle Hardware, 2021-2031F |
6.1.4 Lithuania Hardware Market Revenues & Volume, By Builder`s Hardware, 2021-2031F |
6.1.5 Lithuania Hardware Market Revenues & Volume, By Other Hardware, 2021-2031F |
7 Lithuania Hardware Market Import-Export Trade Statistics |
7.1 Lithuania Hardware Market Export to Major Countries |
7.2 Lithuania Hardware Market Imports from Major Countries |
8 Lithuania Hardware Market Key Performance Indicators |
8.1 Number of new infrastructure projects initiated |
8.2 Adoption rate of smart home solutions in households |
8.3 Growth in online sales of hardware products |
8.4 Investment in research and development for innovative hardware solutions |
8.5 Percentage of households engaged in DIY activities |
9 Lithuania Hardware Market - Opportunity Assessment |
9.1 Lithuania Hardware Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Lithuania Hardware Market - Competitive Landscape |
10.1 Lithuania Hardware Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Hardware Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |