With the GDP of around US$ 32 billion and population of around 2 million in 2014, Latvia’s vehicle motorization rate stood at around 375 vehicles per 1,000 people. As a result of this high motorization rate coupled with the country’s growing road infrastructure and rising living standards, tire market in Latvia continues to witness growth. However, due to lack of domestic automobile production facilities, Latvia tire market is completely replacement driven. Also, with no domestic tire manufacturing facility in the country, Latvia’s tire market is import-dependent, with majority of the tires being imported from other European countries. 

According to the TechSci Research report, “Latvia Tyre Market Forecast & Opportunities, 2020’’, in 2014, more than 15,000 motor vehicles were sold in Latvia, of which, more than 10,000 were passenger cars. With a large share held by passenger cars in overall automobile fleet, Latvia’s passenger car tire segment continues to dominate the country’s tire market. Passenger car sales exhibited a CAGR of more than 15% during 2010-2014, which promises a strong growth in demand for passenger car replacement tires over the next few years.“Latvia Tyre Market Forecast & Opportunities, 2020” report elaborates following aspects of tire market in Latvia:

  • Latvia Tire Market Size, Share & Forecast
  • Segmental Analysis – Passenger Car Tires, Medium and Heavy Commercial Tires, Light Commercial Vehicle Tires, OTR Tires & Two Wheeler Tires
  • Policy & Regulatory Landscape
  • Changing Market Trends and Emerging Opportunities
  • Competitive Landscape and Strategic Recommendations
Why You Should Buy This Report?
  • To gain an in-depth understanding of tire market in Latvia
  • To identify the on-going trends and segment wise anticipated growth in the coming years
  • To help industry consultants, tire companies and other stakeholders to align their market-centric strategies
  • To obtain research based business decision and add weight to presentations and marketing material
  • To gain competitive knowledge of leading players
  • To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs
Report Methodology 

The information contained in this report is based on both primary and secondary sources. Primary research included interviews with tire companies, distributors, retailers and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.     Research Methodology

2.     Analyst View

3.     Product Overview

4.     Latvia Tyre Market Outlook

4.1.   Market Size & Forecast

4.1.1. By Value & Volume

4.2.   Market Share & Forecast

4.2.1. By Vehicle Type (PC, 2-W, LCV, OTR, M&HCV)

4.2.2. By Company

4.2.3. By Region

5.     LatviaPassenger Car (PC) Tyre Market Outlook

5.1.   Market Size & Forecast

5.1.1. By Value & Volume

5.2.   Market Share & Forecast

5.2.1. By Vehicle Type

6.     Latvia Light Commercial Vehicle(LCV) Tyre Market Outlook

6.1.   Market Size & Forecast

6.1.1. By Value & Volume

7.     Latvia Medium & Heavy Commercial Vehicle (M&HCV) Tyre Market Outlook

7.1.   Market Size & Forecast

7.1.1. By Value & Volume

8.     Latvia OTR Tyre Market Outlook

8.1.   Market Size & Forecast

8.1.1. By Value & Volume

8.2.   Market Share & Forecast

8.2.1. By Vehicle Type

9.     Latvia Two Wheeler Tyre Market Outlook

9.1.   Market Size & Forecast

9.1.1. By Value & Volume

9.2.   Market Share & Forecast

9.2.1. By Vehicle Type

10.  Import-Export Analysis

11.  Market Dynamics

11.1.  Drivers

11.2.  Challenges

12.  Market Trends & Developments

13.  Policy & Regulatory Landscape

14.  Latvia Economic Profile

15.  Competitive Landscape

15.1.  Bridgestone Tyres

15.2.  Continental Tyres

15.3.  Goodyear Tyres

15.4.  Hankook Tyres

15.5.  Pirelli Tyres

15.6.  Cooper Tyres

15.7.  Toyo Tyres

15.8.  Yokohama Tyres

15.9.  Kumho Tyres

15.10.  General Tyres

16.  Strategic Recommendations

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com
  • List of Figures

     

    Figure 1: Latvia Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

    Figure 2: Latvia Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F

    Figure 3: Latvia Tyre Market Share, By Company, 2014-2020F

    Figure 4: Latvia Tyre Market Share, By Region, By Volume, 2014 & 2020F

    Figure 5: Latvia Passenger Car Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

    Figure 6: Latvia Passenger Car Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F

    Figure 7: Latvia Light Commercial Vehicle Tyre Market, By Value (USD Million), By Volume (Million Units), 2010-2020F

    Figure 8Latvia Medium & Heavy Commercial Vehicle Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

    Figure 9: Latvia OTR Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

    Figure 10: Latvia OTR Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F

    Figure 11: Latvia Two Wheeler Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

    Figure 12: Latvia Two Wheeler Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F

    Figure 13: Latvia Tyre Imports & Exports, By Value, 2010-2014 (USD Million)

     

     

    List of Tables

     

    Table 1: Latvia Passenger Car Sales, By Volume, 2010–2014 (Units)

    Table 2: Latvia Passenger Car Fleet Size, By Volume, 2010–2014 (Units)

    Table 3: Latvia Commercial Vehicle Sales, By Volume, 2010–2014 (Units)

    Table 4: Latvia Commercial Vehicle Fleet Size, By Volume, 2010–2014 (Units)

    Table 5: Latvia Two-Wheeler Sales, By Volume, 2010–2014 (Units)