Commercial Construction Market in Latvia - Market Size and Forecasts to 2026

Report
69 Pages
May 2023
Region: Latvia
GlobalData
ID: 5822924

The commercial construction sector of Latvia registered a positive compound annual growth rate (CAGR) of 3.89% during the period 2017 to 2021 with an output value of LVL1,222.07 million in 2021, a decrease of 7.94% over 2020. The sector achieved its strongest performance in 2019 when it grew by 0.10% over the previous year and its weakest performance in 2017, when it decreased by 27.19% over 2016.

Commercial Construction Market in Latvia - Market Size and Forecasts to 2026 is a broad level market review of Commercial Construction market in Latvia.

The construction of office buildings; sports complexes such as athletic fields, golf courses and parks; shopping centers; and hotels. It excludes any kind of residential building used for rental purposes or any other kind of commercial usage. For reporting purposes, the market is split into five categories: leisure and hospitality buildings, office buildings, outdoor leisure facilities, retail buildings and other commercial construction. .

This research handbook provides historic and forecast market data for the Commercial Construction market in Latvia, with a detailed breakdown of the data by construction activity (new construction, repair and maintenance, refurbishment and demolition) and by cost type (construction materials, construction equipment and construction services). It provides up-to-date market size data for the period 2017-2021 and an illustrative forecast to 2026.

This report also provides a top-level overview and detailed insight into the operating environment of the Commercial Construction market in Latvia. It is an essential tool for companies active across the Latvia construction value chain and for new players considering to enter the market.

Values in the handbook are depicted in USD ($) and local currency of the country.

*Note: Certain content/sections in the research handbook may be removed or altered based on the availability and relevance of data.

Scope

Overview of the commercial construction market in Latvia
Historic (2017 through 2021) and forecast (2022 through 2026) construction market output values are provided
A detailed breakdown of the data by construction activity (new construction, repair and maintenance, refurbishment and demolition) and by cost types (construction materials, construction equipment and construction services) across the commercial construction market and the data is provided for both historic and forecast periods

Reasons to Buy

Enhances your knowledge of the market with key figures detailing construction type
Provides you with a breakdown of the market by construction activity (new construction, repair and maintenance, refurbishment and demolition)
Provides you with a breakdown of the construction market by cost type (construction materials, construction equipment and construction services)
Allows you to plan future business decisions using the forecast figures given
The broad but detailed perspective will help all the players in the construction activity to understand and succeed in the challenging construction market.

1 Executive Summary

2 Commercial Construction: Market Analytics

2.1 Commercial Construction Output Value, 2017 - 2021
2.2 Commercial Construction Output Value Forecast, 2021 - 2026
2.3 Commercial Construction Output, by Cost Component
2.3.1 Commercial Construction Output, by Cost Component, 2017 - 2021
2.3.2 Commercial Construction Output Forecast, by Cost Component, 2022 - 2026

3 Commercial Construction Output: Analysis by Construction Type

3.1 New Construction Output Value, 2017 - 2021
3.2 New Construction Output Value Forecast, 2021 - 2026
3.3 New Construction Output Value by Cost Component
3.3.1 New Construction Output, by Cost Component, 2017 - 2021
3.3.2 New Construction Output Forecast, by Cost Component, 2022 - 2026
3.4 Repair and Maintenance Output Value, 2017 - 2021
3.5 Repair and Maintenance Output value Forecast, 2021- 2026
3.6 Repair and Maintenance Output, by Cost Component
3.6.1 Repair and Maintenance Output, by Cost Component, 2017 - 2021
3.6.2 Repair and Maintenance Output Forecast, by Cost Component, 2022 - 2026
3.7 Refurbishment Construction Output Value, 2017 - 2021
3.8 Refurbishment Construction Output Value Forecast, 2021- 2026
3.9 Refurbishment Construction Output, by Cost Component
3.9.1 Refurbishment Construction Output, by Cost Component, 2017 - 2021
3.9.2 Refurbishment Construction Output Forecast, by Cost Component, 2022 - 2026
3.1 Demolition Construction Output Value, 2017 - 2021
3.11 Demolition Construction Output Value Forecast, 2021- 2026
3.12 Demolition Construction Output, by Cost Component
3.12.1 Demolition Construction Output, by Cost Component, 2017 - 2021
3.12.2 Demolition Construction Output Forecast, by Cost Component, 2022 - 2026

4 Leisure and Hospitality Buildings Construction: Market Analytics

4.1 Leisure and Hospitality Buildings Construction Output Value, 2017 - 2021
4.2 Leisure and Hospitality Buildings Construction Output Value Forecast, 2021 - 2026
4.3 Leisure and Hospitality Buildings Construction Output, by Cost Component
4.3.1 Leisure and Hospitality Buildings Construction Output, by Cost Component, 2017 - 2021
4.3.2 Leisure and Hospitality Buildings Construction Output Forecast, by Cost Component, 2022 - 2026

5 Office Buildings Construction: Market Analytics

5.1 Office Buildings Construction Output Value, 2017 - 2021
5.2 Office Buildings Construction Output Value Forecast, 2021 - 2026
5.3 Office Buildings Construction Output, by Cost Component
5.3.1 Office Buildings Construction Output, by Cost Component, 2017 - 2021
5.3.2 Office Buildings Construction Output Forecast, by Cost Component, 2022 - 2026

6 Outdoor Leisure Facilities Construction: Market Analytics

6.1 Outdoor Leisure Facilities Construction Output Value, 2017 - 2021
6.2 Outdoor Leisure Facilities Construction Output Value Forecast, 2021 - 2026
6.3 Outdoor Leisure Facilities Construction Output, by Cost Component
6.3.1 Outdoor Leisure Facilities Construction Output, by Cost Component, 2017 - 2021
6.3.2 Outdoor Leisure Facilities Construction Output Forecast, by Cost Component, 2022 - 2026

7 Retail Buildings Construction: Market Analytics

7.1 Retail Buildings Construction Output Value, 2017 - 2021
7.2 Retail Buildings Construction Output Value Forecast, 2021 - 2026
7.3 Retail Buildings Construction Output, by Cost Component
7.3.1 Retail Buildings Construction Output, by Cost Component, 2017 - 2021
7.3.2 Retail Buildings Construction Output Forecast, by Cost Component, 2022 - 2026

8 Appendix

8.1 Definitions
8.2 CAGR Definition and Calculation
8.3 Exchange Rates
8.4 Methodology
8.5 About the Publisher
8.6 Disclaimer

List of Tables

Table 1: Latvia Commercial Construction Output Value (LVL Million), 2017 - 2021
Table 2: Latvia Commercial Construction Output Value (US$ Million), 2017 - 2021
Table 3: Latvia Commercial Construction Output Value (LVL Million), 2021 - 2026
Table 4: Latvia Commercial Construction Output Value (US$ Million), 2021 - 2026
Table 5: Latvia Commercial Construction Output, by Cost Component (LVL Million), 2017 - 2021
Table 6: Latvia Commercial Construction Output, by Cost Component (US$ Million), 2017 - 2021
Table 7: Latvia Commercial Construction Output, by Cost Component (LVL Million), 2022 - 2026
Table 8: Latvia Commercial Construction Output, by Cost Component (US$ Million), 2022 - 2026
Table 9: Latvia Commercial Construction Output Value, New Construction (LVL Million), 2017 - 2021
Table 10: Latvia Commercial Construction Output Value, New Construction (US$ Million), 2017 - 2021
Table 11: Latvia Commercial Construction Output Value, New Construction (LVL Million), 2021- 2026
Table 12: Latvia Commercial Construction Output Value, New Construction (US$ Million), 2021- 2026
Table 13: Latvia Commercial Construction Output, New Construction by Cost Component (LVL Million), 2017 - 2021
Table 14: Latvia Commercial Construction Output, New Construction by Cost Component (US$ Million), 2017 - 2021
Table 15: Latvia Commercial Construction Output, New Construction by Cost Component (LVL Million), 2022 - 2026
Table 16: Latvia Commercial Construction Output, New Construction by Cost Component (US$ Million), 2022 - 2026
Table 17: Latvia Commercial Construction Output Value, Repair and Maintenance (LVL Million), 2017 - 2021
Table 18: Latvia Commercial Construction Output Value, Repair and Maintenance (US$ Million), 2017 - 2021
Table 19: Latvia Commercial Construction Output Value, Repair and Maintenance (LVL Million), 2021 - 2026
Table 20: Latvia Commercial Construction Output Value, Repair and Maintenance (US$ Million), 2021 - 2026
Table 21: Latvia Commercial Construction Output, Repair and Maintenance by Cost Component (LVL Million), 2017 - 2021
Table 22: Latvia Commercial Construction Output, Repair and Maintenance by Cost Component (US$ Million), 2017 - 2021
Table 23: Latvia Commercial Construction Output, Repair and Maintenance by Cost Component (LVL Million), 2022 - 2026
Table 24: Latvia Commercial Construction Output, Repair and Maintenance by Cost Component (US$ Million), 2022 - 2026
Table 25: Latvia Commercial Construction Output Value, Refurbishment (LVL Million), 2017 - 2021
Table 26: Latvia Commercial Construction Output Value, Refurbishment (US$ Million), 2017 - 2021
Table 27: Latvia Commercial Construction Output Value, Refurbishment (LVL Million), 2021 - 2026
Table 28: Latvia Commercial Construction Output Value, Refurbishment (US$ Million), 2021- 2026
Table 29: Latvia Commercial Construction Output, Refurbishment by Cost Component (LVL Million), 2017 - 2021
Table 30: Latvia Commercial Construction Output, Refurbishment by Cost Component (US$ Million), 2017 - 2021
Table 31: Latvia Commercial Construction Output, Refurbishment by Cost Component (LVL Million), 2022 - 2026
Table 32: Latvia Commercial Construction Output, Refurbishment by Cost Component (US$ Million), 2022 - 2026
Table 33: Latvia Commercial Construction Output Value, Demolition (LVL Million), 2017 - 2021
Table 34: Latvia Commercial Construction Output Value, Demolition (US$ Million), 2017 - 2021
Table 35: Latvia Commercial Construction Output Value, Demolition (LVL Million), 2021 - 2026
Table 36: Latvia Commercial Construction Output Value, Demolition (US$ Million), 2021 - 2026
Table 37: Latvia Commercial Construction Output, Demolition by Cost Component (LVL Million), 2017 - 2021
Table 38: Latvia Commercial Construction Output, Demolition by Cost Component (US$ Million), 2017 - 2021
Table 39: Latvia Commercial Construction Output, Demolition by Cost Component (LVL Million), 2022 - 2026
Table 40: Latvia Commercial Construction Output, Demolition by Cost Component (US$ Million), 2022 - 2026
Table 41: Latvia Leisure and Hospitality Buildings Construction Output Value (LVL Million), 2017 - 2021
Table 42: Latvia Leisure and Hospitality Buildings Construction Output Value (US$ Million), 2017 - 2021
Table 43: Latvia Leisure and Hospitality Buildings Construction Output Value (LVL Million), 2021 - 2026
Table 44: Latvia Leisure and Hospitality Buildings Construction Output Value (US$ Million), 2021 - 2026
Table 45: Latvia Leisure and Hospitality Buildings Construction Output, by Cost Component (LVL Million), 2017 - 2021
Table 46: Latvia Leisure and Hospitality Buildings Construction Output, by Cost Component (US$ Million), 2017 - 2021
Table 47: Latvia Leisure and Hospitality Buildings Construction Output, by Cost Component (LVL Million), 2022 - 2026
Table 48: Latvia Leisure and Hospitality Buildings Construction Output, by Cost Component (US$ Million), 2022 - 2026
Table 49: Latvia Office Buildings Construction Output Value (LVL Million), 2017 - 2021
Table 50: Latvia Office Buildings Construction Output Value (US$ Million), 2017 - 2021
Table 51: Latvia Office Buildings Construction Output Value (LVL Million), 2021 - 2026
Table 52: Latvia Office Buildings Construction Output Value (US$ Million), 2021 - 2026
Table 53: Latvia Office Buildings Construction Output, by Cost Component (LVL Million), 2017 - 2021
Table 54: Latvia Office Buildings Construction Output, by Cost Component (US$ Million), 2017 - 2021
Table 55: Latvia Office Buildings Construction Output, by Cost Component (LVL Million), 2022 - 2026
Table 56: Latvia Office Buildings Construction Output, by Cost Component (US$ Million), 2022 - 2026
Table 57: Latvia Outdoor Leisure Facilities Construction Output Value (LVL Million), 2017 - 2021
Table 58: Latvia Outdoor Leisure Facilities Construction Output Value (US$ Million), 2017 - 2021
Table 59: Latvia Outdoor Leisure Facilities Construction Output Value (LVL Million), 2021 - 2026
Table 60: Latvia Outdoor Leisure Facilities Construction Output Value (US$ Million), 2021 - 2026
Table 61: Latvia Outdoor Leisure Facilities Construction Output, by Cost Component (LVL Million), 2017 - 2021
Table 62: Latvia Outdoor Leisure Facilities Construction Output, by Cost Component (US$ Million), 2017 - 2021
Table 63: Latvia Outdoor Leisure Facilities Construction Output, by Cost Component (LVL Million), 2022 - 2026
Table 64: Latvia Outdoor Leisure Facilities Construction Output, by Cost Component (US$ Million), 2022 - 2026
Table 65: Latvia Retail Buildings Construction Output Value (LVL Million), 2017 - 2021
Table 66: Latvia Retail Buildings Construction Output Value (US$ Million), 2017 - 2021
Table 67: Latvia Retail Buildings Construction Output Value (LVL Million), 2021 - 2026
Table 68: Latvia Retail Buildings Construction Output Value (US$ Million), 2021 - 2026
Table 69: Latvia Retail Buildings Construction Output, by Cost Component (LVL Million), 2017 - 2021
Table 70: Latvia Retail Buildings Construction Output, by Cost Component (US$ Million), 2017 - 2021
Table 71: Latvia Retail Buildings Construction Output, by Cost Component (LVL Million), 2022 - 2026
Table 72: Latvia Retail Buildings Construction Output, by Cost Component (US$ Million), 2022 - 2026
Table 73: Commercial Construction Market Definitions
Table 74: Exchange Rate, 2017 - 2021
Table 75: Exchange Rate, 2022 - 2026 Forecast

List of Figures

Figure 1: Latvia Commercial Construction Output Value (LVL Million), 2017 - 2021
Figure 2: Latvia Commercial Construction Output Value (LVL Million), 2021 - 2026
Figure 3: Latvia Commercial Construction Output, by Cost Component (LVL Million), 2017 - 2021
Figure 4: Latvia Commercial Construction Output, by Cost Component (LVL Million), 2022 - 2026
Figure 5: Latvia Commercial Construction Output Value, New Construction (LVL Million), 2017 - 2021
Figure 6: Latvia Commercial Construction Output Value, New Construction (LVL Million), 2021 - 2026
Figure 7: Latvia Commercial Construction Output, New Construction by Cost Component (LVL Million), 2017 - 2021
Figure 8: Latvia Commercial Construction Output, New Construction by Cost Component (LVL Million), 2022 - 2026
Figure 9: Latvia Commercial Construction Output Value, Repair and Maintenance (LVL Million), 2017 - 2021
Figure 10: Latvia Commercial Construction Output Value, Repair and Maintenance (LVL Million), 2021- 2026
Figure 11: Latvia Commercial Construction Output, Repair and Maintenance by Cost Component (LVL Million), 2017 - 2021
Figure 12: Latvia Commercial Construction Output, Repair and Maintenance by Cost Component (LVL Million), 2022 - 2026
Figure 13: Latvia Commercial Construction Output Value, Refurbishment (LVL Million), 2017 - 2021
Figure 14: Latvia Commercial Construction Output Value, Refurbishment (LVL Million), 2021- 2026
Figure 15: Latvia Commercial Construction Output, Refurbishment by Cost Component (LVL Million), 2017 - 2021
Figure 16: Latvia Commercial Construction Output, Refurbishment by Cost Component (LVL Million), 2022 - 2026
Figure 17: Latvia Commercial Construction Output Value, Demolition (LVL Million), 2017 - 2021
Figure 18: Latvia Commercial Construction Output Value, Demolition (LVL Million), 2021 - 2026
Figure 19: Latvia Commercial Construction Output, Demolition by Cost Component (LVL Million), 2017 - 2021
Figure 20: Latvia Commercial Construction Output, Demolition by Cost Component (LVL Million), 2022 - 2026
Figure 21: Latvia Leisure and Hospitality Buildings Construction Output Value (LVL Million), 2017 - 2021
Figure 22: Latvia Leisure and Hospitality Buildings Construction Output Value (LVL Million), 2021 - 2026
Figure 23: Latvia Leisure and Hospitality Buildings Construction Output, by Cost Component (LVL Million), 2017 - 2021
Figure 24: Latvia Leisure and Hospitality Buildings Construction Output, by Cost Component (LVL Million), 2022 - 2026
Figure 25: Latvia Office Buildings Construction Output Value (LVL Million), 2017 - 2021
Figure 26: Latvia Office Buildings Construction Output Value (LVL Million), 2021 - 2026
Figure 27: Latvia Office Buildings Construction Output, by Cost Component (LVL Million), 2017 - 2021
Figure 28: Latvia Office Buildings Construction Output, by Cost Component (LVL Million), 2022 - 2026
Figure 29: Latvia Outdoor Leisure Facilities Construction Output Value (LVL Million), 2017 - 2021
Figure 30: Latvia Outdoor Leisure Facilities Construction Output Value (LVL Million), 2021 - 2026
Figure 31: Latvia Outdoor Leisure Facilities Construction Output, by Cost Component (LVL Million), 2017 - 2021
Figure 32: Latvia Outdoor Leisure Facilities Construction Output, by Cost Component (LVL Million), 2022 - 2026
Figure 33: Latvia Retail Buildings Construction Output Value (LVL Million), 2017 - 2021
Figure 34: Latvia Retail Buildings Construction Output Value (LVL Million), 2021 - 2026
Figure 35: Latvia Retail Buildings Construction Output, by Cost Component (LVL Million), 2017 - 2021
Figure 36: Latvia Retail Buildings Construction Output, by Cost Component (LVL Million), 2022 - 2026

Table Information

Report Attribute	Details
No. of Pages	69
Published	May 2023
Forecast Period	2021 - 2026
Estimated Market Value ( USD ) in 2021	$ 1.45 Billion
Forecasted Market Value ( USD ) by 2026	$ 1.6 Billion
Compound Annual Growth Rate	2.1%
Regions Covered	Latvia

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Scope

Reasons to Buy

Table of Contents

Table Information

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