| Product Code: ETC7915892 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of modular containers in Latvia show a concerning trend with a high concentration index that has escalated to very high levels in 2024. Despite being sourced mainly from neighboring countries such as Estonia, Poland, and Lithuania, there is a notable presence of imports from Germany and Italy. The negative Compound Annual Growth Rate (CAGR) of -6.59% from 2020 to 2024, coupled with a further decline in the growth rate from 2023 to 2024 at -3.27%, signifies challenges in this market segment that may require close monitoring and strategic interventions.

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 Modular Container Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Modular Container Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Modular Container Market - Industry Life Cycle |
3.4 Latvia Modular Container Market - Porter's Five Forces |
3.5 Latvia Modular Container Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Modular Container Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Latvia Modular Container Market Revenues & Volume Share, By Usage, 2021 & 2031F |
4 Latvia Modular Container Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for cost-effective and sustainable construction solutions |
4.2.2 Growing focus on modular construction due to its efficiency and flexibility |
4.2.3 Rise in infrastructure development projects in Latvia |
4.3 Market Restraints |
4.3.1 Limited awareness and understanding of modular construction among potential customers |
4.3.2 Challenges related to transportation and logistics of modular containers |
5 Latvia Modular Container Market Trends |
6 Latvia Modular Container Market, By Types |
6.1 Latvia Modular Container Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Modular Container Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Modular Container Market Revenues & Volume, By Mobile Modular Containers, 2021- 2031F |
6.1.4 Latvia Modular Container Market Revenues & Volume, By Fixed Modular Containers, 2021- 2031F |
6.2 Latvia Modular Container Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Latvia Modular Container Market Revenues & Volume, By New Product Sales, 2021- 2031F |
6.2.3 Latvia Modular Container Market Revenues & Volume, By Rental, 2021- 2031F |
6.3 Latvia Modular Container Market, By Usage |
6.3.1 Overview and Analysis |
6.3.2 Latvia Modular Container Market Revenues & Volume, By Office Container, 2021- 2031F |
6.3.3 Latvia Modular Container Market Revenues & Volume, By Sanitary Container, 2021- 2031F |
6.3.4 Latvia Modular Container Market Revenues & Volume, By Locker Container, 2021- 2031F |
6.3.5 Latvia Modular Container Market Revenues & Volume, By Showroom Containers, 2021- 2031F |
6.3.6 Latvia Modular Container Market Revenues & Volume, By Accommodation Containers, 2021- 2031F |
6.3.7 Latvia Modular Container Market Revenues & Volume, By Storage Containers, 2021- 2031F |
6.4.2 Latvia Modular Container Market Revenues & Volume, By Container Size, 2021- 2031F |
6.4.3 Latvia Modular Container Market Revenues & Volume, By Below 10 Feet, 2021- 2031F |
6.4.4 Latvia Modular Container Market Revenues & Volume, By 10-20 Feet, 2021- 2031F |
6.4.5 Latvia Modular Container Market Revenues & Volume, By 21-40 Feet, 2021- 2031F |
6.4.6 Latvia Modular Container Market Revenues & Volume, By Above 40 Feet, 2021- 2031F |
6.5.2 Latvia Modular Container Market Revenues & Volume, By Application, 2021- 2031F |
6.5.3 Latvia Modular Container Market Revenues & Volume, By Construction, 2021- 2031F |
6.5.4 Latvia Modular Container Market Revenues & Volume, By Industrial, 2021- 2031F |
6.5.5 Latvia Modular Container Market Revenues & Volume, By Education, 2021- 2031F |
6.5.6 Latvia Modular Container Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.5.7 Latvia Modular Container Market Revenues & Volume, By Automotive, 2021- 2031F |
7 Latvia Modular Container Market Import-Export Trade Statistics |
7.1 Latvia Modular Container Market Export to Major Countries |
7.2 Latvia Modular Container Market Imports from Major Countries |
8 Latvia Modular Container Market Key Performance Indicators |
8.1 Average lead time for completing modular construction projects |
8.2 Number of new modular construction projects initiated in Latvia |
8.3 Percentage of cost savings achieved through the use of modular containers |
8.4 Rate of adoption of modular construction methods in the Latvian construction industry |
9 Latvia Modular Container Market - Opportunity Assessment |
9.1 Latvia Modular Container Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Modular Container Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Latvia Modular Container Market Opportunity Assessment, By Usage, 2021 & 2031F |
10 Latvia Modular Container Market - Competitive Landscape |
10.1 Latvia Modular Container Market Revenue Share, By Companies, 2024 |
10.2 Latvia Modular Container Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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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