| Product Code: ETC7921796 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia witnessed a notable shift in its soda maker import market, with top exporters being Poland, Lithuania, Germany, Estonia, and China. The market concentration, as measured by the HHI, decreased from moderate to low, indicating increased competition. Despite a negative CAGR from 2020 to 2024, the market showed promising growth in 2024 with an 11.83% increase from the previous year. This suggests a potential rebound in the soda maker import market in Latvia, driven by diverse sourcing and heightened competition among key exporters.

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 Soda Maker Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Soda Maker Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Soda Maker Market - Industry Life Cycle |
3.4 Latvia Soda Maker Market - Porter's Five Forces |
3.5 Latvia Soda Maker Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Soda Maker Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Latvia Soda Maker Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 Latvia Soda Maker Market Revenues & Volume Share, By Price, 2021 & 2031F |
3.9 Latvia Soda Maker Market Revenues & Volume Share, By End-user, 2021 & 2031F |
3.10 Latvia Soda Maker Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Soda Maker Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health and wellness leading to a shift towards homemade beverages |
4.2.2 Growing trend of customization and personalization in beverage consumption |
4.2.3 Rising concerns about environmental sustainability and reducing plastic waste, driving the demand for reusable soda makers |
4.3 Market Restraints |
4.3.1 High initial cost of soda maker machines may limit adoption among price-sensitive consumers |
4.3.2 Limited availability of soda maker products in retail stores in Latvia |
4.3.3 Competition from established beverage brands offering ready-to-drink options |
5 Latvia Soda Maker Market Trends |
6 Latvia Soda Maker Market, By Types |
6.1 Latvia Soda Maker Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Soda Maker Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Soda Maker Market Revenues & Volume, By Electric, 2021- 2031F |
6.1.4 Latvia Soda Maker Market Revenues & Volume, By Non-electric, 2021- 2031F |
6.2 Latvia Soda Maker Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Soda Maker Market Revenues & Volume, By Countertop, 2021- 2031F |
6.2.3 Latvia Soda Maker Market Revenues & Volume, By Handheld, 2021- 2031F |
6.3 Latvia Soda Maker Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 Latvia Soda Maker Market Revenues & Volume, By Stainless Steel, 2021- 2031F |
6.3.3 Latvia Soda Maker Market Revenues & Volume, By Plastic, 2021- 2031F |
6.3.4 Latvia Soda Maker Market Revenues & Volume, By Glass, 2021- 2031F |
6.4 Latvia Soda Maker Market, By Price |
6.4.1 Overview and Analysis |
6.4.2 Latvia Soda Maker Market Revenues & Volume, By Under US$ 50, 2021- 2031F |
6.4.3 Latvia Soda Maker Market Revenues & Volume, By US$ 50 US$ 60, 2021- 2031F |
6.4.4 Latvia Soda Maker Market Revenues & Volume, By Above US$ 60, 2021- 2031F |
6.5 Latvia Soda Maker Market, By End-user |
6.5.1 Overview and Analysis |
6.5.2 Latvia Soda Maker Market Revenues & Volume, By Residential, 2021- 2031F |
6.5.3 Latvia Soda Maker Market Revenues & Volume, By Commercial, 2021- 2031F |
6.6 Latvia Soda Maker Market, By Distribution Channel |
6.6.1 Overview and Analysis |
6.6.2 Latvia Soda Maker Market Revenues & Volume, By Online, 2021- 2031F |
6.6.3 Latvia Soda Maker Market Revenues & Volume, By Offline, 2021- 2031F |
7 Latvia Soda Maker Market Import-Export Trade Statistics |
7.1 Latvia Soda Maker Market Export to Major Countries |
7.2 Latvia Soda Maker Market Imports from Major Countries |
8 Latvia Soda Maker Market Key Performance Indicators |
8.1 Customer engagement on social media platforms for soda maker brands |
8.2 Number of partnerships with local retailers to expand distribution channels |
8.3 Percentage increase in online searches for soda maker-related keywords in Latvia |
9 Latvia Soda Maker Market - Opportunity Assessment |
9.1 Latvia Soda Maker Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Soda Maker Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Latvia Soda Maker Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 Latvia Soda Maker Market Opportunity Assessment, By Price, 2021 & 2031F |
9.5 Latvia Soda Maker Market Opportunity Assessment, By End-user, 2021 & 2031F |
9.6 Latvia Soda Maker Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Soda Maker Market - Competitive Landscape |
10.1 Latvia Soda Maker Market Revenue Share, By Companies, 2024 |
10.2 Latvia Soda Maker 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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