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

Name: Latvia Broom Market (2025-2031) | Share & Outlook Growth
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Broom Market, Latvia Broom Market, Latvia Broom Market Revenues, Latvia Broom Market Share, Latvia Broom Market Size, Latvia Broom Market Outlook, Latvia Broom Market Report, Latvia Broom Market Competition, Latvia Broom Market Overview, Latvia Broom Market Trends, Latvia Broom Market Forecast

Market Forecast By Product (Angle Broom, Corn-fill Broom, Push Broom, Others), By Applications (Indoor Floor, Outdoor Ground, Table, Others) And Competitive Landscape

Product Code: ETC5684588	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

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

The import of brooms into Latvia in 2024 continued to show a high level of concentration, with the top exporting countries being Lithuania, Poland, Estonia, Ukraine, and Hungary. Despite a modest Compound Annual Growth Rate (CAGR) of 3.84% from 2020 to 2024, the growth rate slightly increased in 2024 by 0.64%. This data indicates a stable demand for brooms in Latvia, with neighboring countries being key suppliers, reflecting strong trade relationships within the region.

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

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

Latvia's Broom market is anticipated to experience a stable growth rate of 3.85% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

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

Key Highlights of the Report:

Latvia Broom Market Outlook
Market Size of Latvia Broom Market, 2024
Forecast of Latvia Broom Market, 2031
Historical Data and Forecast of Latvia Broom Revenues & Volume for the Period 2021-2031
Latvia Broom Market Trend Evolution
Latvia Broom Market Drivers and Challenges
Latvia Broom Price Trends
Latvia Broom Porter`s Five Forces
Latvia Broom Industry Life Cycle
Historical Data and Forecast of Latvia Broom Market Revenues & Volume By Product for the Period 2021-2031
Historical Data and Forecast of Latvia Broom Market Revenues & Volume By Angle Broom for the Period 2021-2031
Historical Data and Forecast of Latvia Broom Market Revenues & Volume By Corn-fill Broom for the Period 2021-2031
Historical Data and Forecast of Latvia Broom Market Revenues & Volume By Push Broom for the Period 2021-2031
Historical Data and Forecast of Latvia Broom Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Latvia Broom Market Revenues & Volume By Applications for the Period 2021-2031
Historical Data and Forecast of Latvia Broom Market Revenues & Volume By Indoor Floor for the Period 2021-2031
Historical Data and Forecast of Latvia Broom Market Revenues & Volume By Outdoor Ground for the Period 2021-2031
Historical Data and Forecast of Latvia Broom Market Revenues & Volume By Table for the Period 2021-2031
Historical Data and Forecast of Latvia Broom Market Revenues & Volume By Others for the Period 2021-2031
Latvia Broom Import Export Trade Statistics
Market Opportunity Assessment By Product
Market Opportunity Assessment By Applications
Latvia Broom Top Companies Market Share
Latvia Broom Competitive Benchmarking By Technical and Operational Parameters
Latvia Broom Company Profiles
Latvia Broom Key Strategic Recommendations

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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 Broom Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Broom Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Broom Market - Industry Life Cycle

3.4 Latvia Broom Market - Porter's Five Forces

3.5 Latvia Broom Market Revenues & Volume Share, By Product, 2021 & 2031F

3.6 Latvia Broom Market Revenues & Volume Share, By Applications, 2021 & 2031F

4 Latvia Broom Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing awareness about eco-friendly products leading to a shift towards sustainable broom options.

4.2.2 Growing demand for household cleaning products due to changing lifestyles and increasing urbanization.

4.2.3 Innovation in broom manufacturing techniques and materials leading to improved product quality and durability.

4.3 Market Restraints

4.3.1 Fluctuating raw material prices affecting production costs and pricing of brooms.

4.3.2 Competition from alternative cleaning tools such as vacuum cleaners and microfiber mops impacting market demand.

4.3.3 Economic uncertainties and fluctuations in consumer spending affecting the overall market growth.

5 Latvia Broom Market Trends

6 Latvia Broom Market Segmentations

6.1 Latvia Broom Market, By Product

6.1.1 Overview and Analysis

6.1.2 Latvia Broom Market Revenues & Volume, By Angle Broom, 2021-2031F

6.1.3 Latvia Broom Market Revenues & Volume, By Corn-fill Broom, 2021-2031F

6.1.4 Latvia Broom Market Revenues & Volume, By Push Broom, 2021-2031F

6.1.5 Latvia Broom Market Revenues & Volume, By Others, 2021-2031F

6.2 Latvia Broom Market, By Applications

6.2.1 Overview and Analysis

6.2.2 Latvia Broom Market Revenues & Volume, By Indoor Floor, 2021-2031F

6.2.3 Latvia Broom Market Revenues & Volume, By Outdoor Ground, 2021-2031F

6.2.4 Latvia Broom Market Revenues & Volume, By Table, 2021-2031F

6.2.5 Latvia Broom Market Revenues & Volume, By Others, 2021-2031F

7 Latvia Broom Market Import-Export Trade Statistics

7.1 Latvia Broom Market Export to Major Countries

7.2 Latvia Broom Market Imports from Major Countries

8 Latvia Broom Market Key Performance Indicators

8.1 Consumer awareness and preference for eco-friendly broom options.

8.2 Adoption rate of innovative broom manufacturing techniques and materials.

8.3 Market penetration of sustainable broom products in urban areas.

8.4 Customer satisfaction and loyalty towards broom brands.

8.5 Environmental impact assessment of broom production processes.

9 Latvia Broom Market - Opportunity Assessment

9.1 Latvia Broom Market Opportunity Assessment, By Product, 2021 & 2031F

9.2 Latvia Broom Market Opportunity Assessment, By Applications, 2021 & 2031F

10 Latvia Broom Market - Competitive Landscape

10.1 Latvia Broom Market Revenue Share, By Companies, 2024

10.2 Latvia Broom Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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