Latvia Bicycle Tires Market (2025-2031) | Companies, Industry, Share, Outlook, Growth, Value, Segmentation, Revenue, Analysis, Trends, Forecast & Size

Market Forecast By Bicycle Type (Mountain, Hybrid, Electric, Comfort, Youth, Cruiser, Road), By Product Type (Tube Tire, Tubeless Tire, Solid Tire), By Tire Size (Upto 12 inch, 12 to 22 inch, Above 22 inch), By Sales Channel (OEM, Aftermarket) And Competitive Landscape
Product Code: ETC5248500 Publication Date: Nov 2023 Updated Date: Oct 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Latvia Bicycle Tires Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Latvia saw a significant increase in bicycle tire imports, with top exporting countries being China, Poland, South Korea, Italy, and Finland. The market concentration, as measured by the HHI, rose from high to very high in just one year, indicating a growing dominance of these key players. With a strong Compound Annual Growth Rate (CAGR) of 9.23% from 2020 to 2024 and a remarkable growth rate of 10.02% in 2024 alone, the bicycle tire import market in Latvia is experiencing rapid expansion and intensifying competition among top exporting nations.

Bicycle Tires Market: Latvia vs Top 5 Major Economies in 2027 (Europe)


Latvia's Bicycle Tires market is anticipated to experience a stable growth rate of 0.55% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

Bicycle Tires Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

Key Highlights of the Report:

  • Latvia Bicycle Tires Market Outlook
  • Market Size of Latvia Bicycle Tires Market, 2024
  • Forecast of Latvia Bicycle Tires Market, 2031
  • Historical Data and Forecast of Latvia Bicycle Tires Revenues & Volume for the Period 2021-2031
  • Latvia Bicycle Tires Market Trend Evolution
  • Latvia Bicycle Tires Market Drivers and Challenges
  • Latvia Bicycle Tires Price Trends
  • Latvia Bicycle Tires Porter`s Five Forces
  • Latvia Bicycle Tires Industry Life Cycle
  • Historical Data and Forecast of Latvia Bicycle Tires Market Revenues & Volume By Bicycle Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Bicycle Tires Market Revenues & Volume By Mountain for the Period 2021-2031
  • Historical Data and Forecast of Latvia Bicycle Tires Market Revenues & Volume By Hybrid for the Period 2021-2031
  • Historical Data and Forecast of Latvia Bicycle Tires Market Revenues & Volume By Electric for the Period 2021-2031
  • Historical Data and Forecast of Latvia Bicycle Tires Market Revenues & Volume By Comfort for the Period 2021-2031
  • Historical Data and Forecast of Latvia Bicycle Tires Market Revenues & Volume By Youth for the Period 2021-2031
  • Historical Data and Forecast of Latvia Bicycle Tires Market Revenues & Volume By Cruiser for the Period 2021-2031
  • Historical Data and Forecast of Latvia Bicycle Tires Market Revenues & Volume By Road for the Period 2021-2031
  • Historical Data and Forecast of Latvia Bicycle Tires Market Revenues & Volume By Product Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Bicycle Tires Market Revenues & Volume By Tube Tire for the Period 2021-2031
  • Historical Data and Forecast of Latvia Bicycle Tires Market Revenues & Volume By Tubeless Tire for the Period 2021-2031
  • Historical Data and Forecast of Latvia Bicycle Tires Market Revenues & Volume By Solid Tire for the Period 2021-2031
  • Historical Data and Forecast of Latvia Bicycle Tires Market Revenues & Volume By Tire Size for the Period 2021-2031
  • Historical Data and Forecast of Latvia Bicycle Tires Market Revenues & Volume By Upto 12 inch for the Period 2021-2031
  • Historical Data and Forecast of Latvia Bicycle Tires Market Revenues & Volume By 12 to 22 inch for the Period 2021-2031
  • Historical Data and Forecast of Latvia Bicycle Tires Market Revenues & Volume By Above 22 inch for the Period 2021-2031
  • Historical Data and Forecast of Latvia Bicycle Tires Market Revenues & Volume By Sales Channel for the Period 2021-2031
  • Historical Data and Forecast of Latvia Bicycle Tires Market Revenues & Volume By OEM for the Period 2021-2031
  • Historical Data and Forecast of Latvia Bicycle Tires Market Revenues & Volume By Aftermarket for the Period 2021-2031
  • Latvia Bicycle Tires Import Export Trade Statistics
  • Market Opportunity Assessment By Bicycle Type
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Tire Size
  • Market Opportunity Assessment By Sales Channel
  • Latvia Bicycle Tires Top Companies Market Share
  • Latvia Bicycle Tires Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Bicycle Tires Company Profiles
  • Latvia Bicycle Tires Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Bicycle Tires Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Bicycle Tires Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Bicycle Tires Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Bicycle Tires Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Bicycle Tires Market - Industry Life Cycle

3.4 Latvia Bicycle Tires Market - Porter's Five Forces

3.5 Latvia Bicycle Tires Market Revenues & Volume Share, By Bicycle Type, 2021 & 2031F

3.6 Latvia Bicycle Tires Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.7 Latvia Bicycle Tires Market Revenues & Volume Share, By Tire Size, 2021 & 2031F

3.8 Latvia Bicycle Tires Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F

4 Latvia Bicycle Tires Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing awareness about the benefits of cycling for health and environment

4.2.2 Growing popularity of cycling as a recreational activity in Latvia

4.2.3 Government initiatives promoting sustainable and eco-friendly transportation options

4.3 Market Restraints

4.3.1 Seasonal variations impacting demand for bicycle tires in Latvia

4.3.2 Competition from other modes of transportation such as cars and public transport

4.3.3 Price fluctuations in raw materials affecting manufacturing costs

5 Latvia Bicycle Tires Market Trends

6 Latvia Bicycle Tires Market Segmentations

6.1 Latvia Bicycle Tires Market, By Bicycle Type

6.1.1 Overview and Analysis

6.1.2 Latvia Bicycle Tires Market Revenues & Volume, By Mountain, 2021-2031F

6.1.3 Latvia Bicycle Tires Market Revenues & Volume, By Hybrid, 2021-2031F

6.1.4 Latvia Bicycle Tires Market Revenues & Volume, By Electric, 2021-2031F

6.1.5 Latvia Bicycle Tires Market Revenues & Volume, By Comfort, 2021-2031F

6.1.6 Latvia Bicycle Tires Market Revenues & Volume, By Youth, 2021-2031F

6.1.7 Latvia Bicycle Tires Market Revenues & Volume, By Cruiser, 2021-2031F

6.2 Latvia Bicycle Tires Market, By Product Type

6.2.1 Overview and Analysis

6.2.2 Latvia Bicycle Tires Market Revenues & Volume, By Tube Tire, 2021-2031F

6.2.3 Latvia Bicycle Tires Market Revenues & Volume, By Tubeless Tire, 2021-2031F

6.2.4 Latvia Bicycle Tires Market Revenues & Volume, By Solid Tire, 2021-2031F

6.3 Latvia Bicycle Tires Market, By Tire Size

6.3.1 Overview and Analysis

6.3.2 Latvia Bicycle Tires Market Revenues & Volume, By Upto 12 inch, 2021-2031F

6.3.3 Latvia Bicycle Tires Market Revenues & Volume, By 12 to 22 inch, 2021-2031F

6.3.4 Latvia Bicycle Tires Market Revenues & Volume, By Above 22 inch, 2021-2031F

6.4 Latvia Bicycle Tires Market, By Sales Channel

6.4.1 Overview and Analysis

6.4.2 Latvia Bicycle Tires Market Revenues & Volume, By OEM, 2021-2031F

6.4.3 Latvia Bicycle Tires Market Revenues & Volume, By Aftermarket, 2021-2031F

7 Latvia Bicycle Tires Market Import-Export Trade Statistics

7.1 Latvia Bicycle Tires Market Export to Major Countries

7.2 Latvia Bicycle Tires Market Imports from Major Countries

8 Latvia Bicycle Tires Market Key Performance Indicators

8.1 Number of cycling events and initiatives promoting cycling in Latvia

8.2 Percentage of urban population using bicycles for commuting or recreational purposes

8.3 Average lifespan of bicycle tires in Latvia

9 Latvia Bicycle Tires Market - Opportunity Assessment

9.1 Latvia Bicycle Tires Market Opportunity Assessment, By Bicycle Type, 2021 & 2031F

9.2 Latvia Bicycle Tires Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.3 Latvia Bicycle Tires Market Opportunity Assessment, By Tire Size, 2021 & 2031F

9.4 Latvia Bicycle Tires Market Opportunity Assessment, By Sales Channel, 2021 & 2031F

10 Latvia Bicycle Tires Market - Competitive Landscape

10.1 Latvia Bicycle Tires Market Revenue Share, By Companies, 2024

10.2 Latvia Bicycle Tires Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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