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

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

Market Forecast By Product Type (Automatic Fire Extinguishers, Regular Dry Chemical, Multi-Purpose Dry Chemical, Portable Fire Extinguishers, Others), By Fire Type (Cooking, Electrical Equipment, Flammable Liquids, Solids, Flammable Gasses, Combustible Metals, Others), By Agents (Aqueous Film Forming Foams, Potassium Bicarbonate, Mono Ammonium Phosphate, Sodium Bicarbonate, Carbon Dioxide, Others), By Applications (Manufacturing and Construction Sites, Warehouses, Residential, Commercial, Factories and Food Processing Plants, Others) And Competitive Landscape

Product Code: ETC5224693	Publication Date: Nov 2023	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Shubham Padhi	No. of Pages: 60	No. of Figures: 30	No. of Tables: 5

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

The Latvia fire extinguishers import market saw a shift in concentration levels from low in 2023 to moderate in 2024, indicating a more balanced distribution among key exporting countries. Top exporters such as Poland, Germany, Lithuania, China, and Denmark played significant roles in supplying fire safety equipment to Latvia. Despite a slight decline in the market with a CAGR of -0.53% from 2020 to 2024, the growth rate in 2024 experienced a sharper decrease of -8.83%. These trends suggest a dynamic and competitive market landscape that importers and stakeholders should closely monitor for potential opportunities and challenges.

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

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

The Fire Extinguishers market in Latvia is projected to grow at a stable growth rate of 0.43% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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

Key Highlights of the Report:

Latvia Fire Extinguishers Market Outlook
Market Size of Latvia Fire Extinguishers Market, 2024
Forecast of Latvia Fire Extinguishers Market, 2031
Historical Data and Forecast of Latvia Fire Extinguishers Revenues & Volume for the Period 2021-2031
Latvia Fire Extinguishers Market Trend Evolution
Latvia Fire Extinguishers Market Drivers and Challenges
Latvia Fire Extinguishers Price Trends
Latvia Fire Extinguishers Porter`s Five Forces
Latvia Fire Extinguishers Industry Life Cycle
Historical Data and Forecast of Latvia Fire Extinguishers Market Revenues & Volume By Product Type for the Period 2021-2031
Historical Data and Forecast of Latvia Fire Extinguishers Market Revenues & Volume By Automatic Fire Extinguishers for the Period 2021-2031
Historical Data and Forecast of Latvia Fire Extinguishers Market Revenues & Volume By Regular Dry Chemical for the Period 2021-2031
Historical Data and Forecast of Latvia Fire Extinguishers Market Revenues & Volume By Multi-Purpose Dry Chemical for the Period 2021-2031
Historical Data and Forecast of Latvia Fire Extinguishers Market Revenues & Volume By Portable Fire Extinguishers for the Period 2021-2031
Historical Data and Forecast of Latvia Fire Extinguishers Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Latvia Fire Extinguishers Market Revenues & Volume By Fire Type for the Period 2021-2031
Historical Data and Forecast of Latvia Fire Extinguishers Market Revenues & Volume By Cooking for the Period 2021-2031
Historical Data and Forecast of Latvia Fire Extinguishers Market Revenues & Volume By Electrical Equipment for the Period 2021-2031
Historical Data and Forecast of Latvia Fire Extinguishers Market Revenues & Volume By Flammable Liquids for the Period 2021-2031
Historical Data and Forecast of Latvia Fire Extinguishers Market Revenues & Volume By Solids for the Period 2021-2031
Historical Data and Forecast of Latvia Fire Extinguishers Market Revenues & Volume By Flammable Gasses for the Period 2021-2031
Historical Data and Forecast of Latvia Fire Extinguishers Market Revenues & Volume By Combustible Metals for the Period 2021-2031
Historical Data and Forecast of Latvia Fire Extinguishers Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Latvia Fire Extinguishers Market Revenues & Volume By Agents for the Period 2021-2031
Historical Data and Forecast of Latvia Fire Extinguishers Market Revenues & Volume By Aqueous Film Forming Foams for the Period 2021-2031
Historical Data and Forecast of Latvia Fire Extinguishers Market Revenues & Volume By Potassium Bicarbonate for the Period 2021-2031
Historical Data and Forecast of Latvia Fire Extinguishers Market Revenues & Volume By Mono Ammonium Phosphate for the Period 2021-2031
Historical Data and Forecast of Latvia Fire Extinguishers Market Revenues & Volume By Sodium Bicarbonate for the Period 2021-2031
Historical Data and Forecast of Latvia Fire Extinguishers Market Revenues & Volume By Carbon Dioxide for the Period 2021-2031
Historical Data and Forecast of Latvia Fire Extinguishers Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Latvia Fire Extinguishers Market Revenues & Volume By Applications for the Period 2021-2031
Historical Data and Forecast of Latvia Fire Extinguishers Market Revenues & Volume By Manufacturing and Construction Sites for the Period 2021-2031
Historical Data and Forecast of Latvia Fire Extinguishers Market Revenues & Volume By Warehouses for the Period 2021-2031
Historical Data and Forecast of Latvia Fire Extinguishers Market Revenues & Volume By Residential for the Period 2021-2031
Historical Data and Forecast of Latvia Fire Extinguishers Market Revenues & Volume By Commercial for the Period 2021-2031
Historical Data and Forecast of Latvia Fire Extinguishers Market Revenues & Volume By Factories and Food Processing Plants for the Period 2021-2031
Historical Data and Forecast of Latvia Fire Extinguishers Market Revenues & Volume By Others for the Period 2021-2031
Latvia Fire Extinguishers Import Export Trade Statistics
Market Opportunity Assessment By Product Type
Market Opportunity Assessment By Fire Type
Market Opportunity Assessment By Agents
Market Opportunity Assessment By Applications
Latvia Fire Extinguishers Top Companies Market Share
Latvia Fire Extinguishers Competitive Benchmarking By Technical and Operational Parameters
Latvia Fire Extinguishers Company Profiles
Latvia Fire Extinguishers Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Fire Extinguishers Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Fire Extinguishers Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Fire Extinguishers Market - Industry Life Cycle

3.4 Latvia Fire Extinguishers Market - Porter's Five Forces

3.5 Latvia Fire Extinguishers Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.6 Latvia Fire Extinguishers Market Revenues & Volume Share, By Fire Type, 2021 & 2031F

3.7 Latvia Fire Extinguishers Market Revenues & Volume Share, By Agents, 2021 & 2031F

3.8 Latvia Fire Extinguishers Market Revenues & Volume Share, By Applications, 2021 & 2031F

4 Latvia Fire Extinguishers Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Stringent government regulations and increasing emphasis on fire safety standards in commercial and residential buildings in Latvia.

4.2.2 Growing awareness among businesses and individuals regarding the importance of fire safety measures.

4.2.3 Increasing incidents of fire outbreaks in various sectors, driving the demand for fire extinguishers in Latvia.

4.3 Market Restraints

4.3.1 High initial costs associated with the installation and maintenance of fire extinguishers, limiting adoption rates.

4.3.2 Limited consumer awareness about the different types of fire extinguishers available and their appropriate usage.

5 Latvia Fire Extinguishers Market Trends

6 Latvia Fire Extinguishers Market Segmentations

6.1 Latvia Fire Extinguishers Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 Latvia Fire Extinguishers Market Revenues & Volume, By Automatic Fire Extinguishers, 2021-2031F

6.1.3 Latvia Fire Extinguishers Market Revenues & Volume, By Regular Dry Chemical, 2021-2031F

6.1.4 Latvia Fire Extinguishers Market Revenues & Volume, By Multi-Purpose Dry Chemical, 2021-2031F

6.1.6 Latvia Fire Extinguishers Market Revenues & Volume, By Portable Fire Extinguishers, 2021-2031F

6.1.6 Latvia Fire Extinguishers Market Revenues & Volume, By Others, 2021-2031F

6.2 Latvia Fire Extinguishers Market, By Fire Type

6.2.1 Overview and Analysis

6.2.2 Latvia Fire Extinguishers Market Revenues & Volume, By Cooking, 2021-2031F

6.2.3 Latvia Fire Extinguishers Market Revenues & Volume, By Electrical Equipment, 2021-2031F

6.2.4 Latvia Fire Extinguishers Market Revenues & Volume, By Flammable Liquids, 2021-2031F

6.2.5 Latvia Fire Extinguishers Market Revenues & Volume, By Solids, 2021-2031F

6.2.6 Latvia Fire Extinguishers Market Revenues & Volume, By Flammable Gasses, 2021-2031F

6.2.7 Latvia Fire Extinguishers Market Revenues & Volume, By Combustible Metals, 2021-2031F

6.3 Latvia Fire Extinguishers Market, By Agents

6.3.1 Overview and Analysis

6.3.2 Latvia Fire Extinguishers Market Revenues & Volume, By Aqueous Film Forming Foams, 2021-2031F

6.3.3 Latvia Fire Extinguishers Market Revenues & Volume, By Potassium Bicarbonate, 2021-2031F

6.3.4 Latvia Fire Extinguishers Market Revenues & Volume, By Mono Ammonium Phosphate, 2021-2031F

6.3.5 Latvia Fire Extinguishers Market Revenues & Volume, By Sodium Bicarbonate, 2021-2031F

6.3.6 Latvia Fire Extinguishers Market Revenues & Volume, By Carbon Dioxide, 2021-2031F

6.3.7 Latvia Fire Extinguishers Market Revenues & Volume, By Others, 2021-2031F

6.4 Latvia Fire Extinguishers Market, By Applications

6.4.1 Overview and Analysis

6.4.2 Latvia Fire Extinguishers Market Revenues & Volume, By Manufacturing and Construction Sites, 2021-2031F

6.4.3 Latvia Fire Extinguishers Market Revenues & Volume, By Warehouses, 2021-2031F

6.4.4 Latvia Fire Extinguishers Market Revenues & Volume, By Residential, 2021-2031F

6.4.5 Latvia Fire Extinguishers Market Revenues & Volume, By Commercial, 2021-2031F

6.4.6 Latvia Fire Extinguishers Market Revenues & Volume, By Factories and Food Processing Plants, 2021-2031F

6.4.7 Latvia Fire Extinguishers Market Revenues & Volume, By Others, 2021-2031F

7 Latvia Fire Extinguishers Market Import-Export Trade Statistics

7.1 Latvia Fire Extinguishers Market Export to Major Countries

7.2 Latvia Fire Extinguishers Market Imports from Major Countries

8 Latvia Fire Extinguishers Market Key Performance Indicators

8.1 Number of fire safety training sessions conducted annually in Latvia.

8.2 Rate of compliance with fire safety regulations in commercial and residential buildings.

8.3 Percentage increase in the number of fire incidents reported in different sectors.

8.4 Average response time of fire departments to fire incidents in Latvia.

8.5 Percentage of buildings equipped with suitable fire extinguishers according to safety standards.

9 Latvia Fire Extinguishers Market - Opportunity Assessment

9.1 Latvia Fire Extinguishers Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.2 Latvia Fire Extinguishers Market Opportunity Assessment, By Fire Type, 2021 & 2031F

9.3 Latvia Fire Extinguishers Market Opportunity Assessment, By Agents, 2021 & 2031F

9.4 Latvia Fire Extinguishers Market Opportunity Assessment, By Applications, 2021 & 2031F

10 Latvia Fire Extinguishers Market - Competitive Landscape

10.1 Latvia Fire Extinguishers Market Revenue Share, By Companies, 2024

10.2 Latvia Fire Extinguishers 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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