| Product Code: ETC7924986 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of yoga mats to Latvia in 2024 saw a diverse range of top exporting countries including Sweden, Poland, China, Lithuania, and Russia. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), increased from low to moderate in 2024, indicating a more balanced distribution of imports among these countries. With a strong compound annual growth rate (CAGR) of 12.38% from 2020 to 2024 and a notable growth rate of 11.59% from 2023 to 2024, the yoga mat market in Latvia is showing promising expansion and competitiveness.

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 Yoga Mat Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Yoga Mat Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Yoga Mat Market - Industry Life Cycle |
3.4 Latvia Yoga Mat Market - Porter's Five Forces |
3.5 Latvia Yoga Mat Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Latvia Yoga Mat Market Revenues & Volume Share, By DistributionChannel, 2021 & 2031F |
4 Latvia Yoga Mat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about health and wellness benefits associated with yoga practice. |
4.2.2 Rising popularity of yoga as a form of exercise and stress relief. |
4.2.3 Growing focus on sustainability and eco-friendly products, driving demand for biodegradable yoga mats. |
4.3 Market Restraints |
4.3.1 Intense competition from established and new market players. |
4.3.2 Price sensitivity among consumers due to the availability of lower-cost alternatives. |
4.3.3 Limited market penetration in rural areas and smaller towns compared to urban areas. |
5 Latvia Yoga Mat Market Trends |
6 Latvia Yoga Mat Market, By Types |
6.1 Latvia Yoga Mat Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Latvia Yoga Mat Market Revenues & Volume, By Material, 2021- 2031F |
6.1.3 Latvia Yoga Mat Market Revenues & Volume, By PVC, 2021- 2031F |
6.1.4 Latvia Yoga Mat Market Revenues & Volume, By TPE, 2021- 2031F |
6.1.5 Latvia Yoga Mat Market Revenues & Volume, By Rubber, 2021- 2031F |
6.1.6 Latvia Yoga Mat Market Revenues & Volume, By PE, 2021- 2031F |
6.1.7 Latvia Yoga Mat Market Revenues & Volume, By Cotton/Jute, 2021- 2031F |
6.2 Latvia Yoga Mat Market, By DistributionChannel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Yoga Mat Market Revenues & Volume, By Specialty Store, 2021- 2031F |
6.2.3 Latvia Yoga Mat Market Revenues & Volume, By Departmental Store & Hypermarket, 2021- 2031F |
6.2.4 Latvia Yoga Mat Market Revenues & Volume, By Online Channel, 2021- 2031F |
7 Latvia Yoga Mat Market Import-Export Trade Statistics |
7.1 Latvia Yoga Mat Market Export to Major Countries |
7.2 Latvia Yoga Mat Market Imports from Major Countries |
8 Latvia Yoga Mat Market Key Performance Indicators |
8.1 Number of yoga studios and fitness centers offering yoga classes in Latvia. |
8.2 Percentage of consumers using yoga mats in their regular exercise routines. |
8.3 Growth in online searches for yoga-related keywords in Latvia. |
9 Latvia Yoga Mat Market - Opportunity Assessment |
9.1 Latvia Yoga Mat Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Latvia Yoga Mat Market Opportunity Assessment, By DistributionChannel, 2021 & 2031F |
10 Latvia Yoga Mat Market - Competitive Landscape |
10.1 Latvia Yoga Mat Market Revenue Share, By Companies, 2024 |
10.2 Latvia Yoga Mat 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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