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Construction Materials, Equipment & Supplies Wholesaling in Latvia - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

LV-G4663 March 2024 Factsheet

Revenue

€2.1bn

2019-2024 3.7 %
2024-2029 X.X %

Employees

7,671

2019-2024 2.1 %
2024-2029 X.X %

Businesses

1,997

2019-2024 10.4 %
2024-2029 X.X %

Wages

€XXX.Xm

2019-2024 X.X %
2024-2029 X.X %

Construction Materials, Equipment & Supplies Wholesaling in Latvia market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Latvia compared to Europe?

Country Benchmarking

Industry Data Latvia

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#27 In Europe
Business
#23 In Europe
Employees
#27 In Europe
Wages
#27 In Europe

View industry report for Europe

Demand for construction supplies largely depends on activity in downstream residential and non-residential construction markets, which depend on factors like exchange rates, supply chain disruptions and trading frictions. Construction supplies and equipment wholesalers across Europe have contended with numerous headwinds from the COVID-19 outbreak in 2020 to spiralling inflation and rock-bottom business confidence.

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Enterprises
Number of businesses in 2024

Biggest companies in the Construction Materials, Equipment & Supplies Wholesaling in Latvia

Company
Market Share (%)
2024
Revenue (€m)
2024
Profit (€m)
2024
Profit Margin (%)
2024

There are no companies that hold a large enough market share in the Construction Materials, Equipment & Supplies Wholesaling in Latvia industry for IBISWorld to include in this product.

Top Questions Answered in this Report

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What is the market size of the Construction Materials, Equipment & Supplies Wholesaling industry in Latvia in 2024?

The market size of the Construction Materials, Equipment & Supplies Wholesaling industry in Latvia is €2.1bn in 2024.

How many businesses are there in the Construction Materials, Equipment & Supplies Wholesaling in Latvia industry in 2024?

There are 1,997 businesses in the Construction Materials, Equipment & Supplies Wholesaling industry in Latvia, which has grown at a CAGR of 10.4 % between 2019 and 2024.

Has the Construction Materials, Equipment & Supplies Wholesaling industry in Latvia grown or declined over the past 5 years?

The market size of the Construction Materials, Equipment & Supplies Wholesaling industry in Latvia has been declining at a CAGR of 3.7 % between 2019 and 2024.

What is the forecast growth of the Construction Materials, Equipment & Supplies Wholesaling industry in Latvia over the next 5 years?

Over the next five years, the Construction Materials, Equipment & Supplies Wholesaling industry in Latvia is expected to grow.

What does the Construction Materials, Equipment & Supplies Wholesaling in Latvia include?

Timber products and Aggregate and cement are part of the Construction Materials, Equipment & Supplies Wholesaling industry.

How competitive is the Construction Materials, Equipment & Supplies Wholesaling industry in Latvia?

The level of competition is moderate and steady in the Construction Materials, Equipment & Supplies Wholesaling industry in Latvia.

Related Industries

This industry is covered in 37 countries

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Table of Contents

About this industry

Industry definition

Businesses that operate in this industry carry out distribution operations to either retailers or other users of construction materials, equipment and supplies. Businesses may also have manufacturing or retailing operations, though industry revenue only reflects the wholesale function.

Related Terms

VERTICAL INTEGRATIONFIXTURE WHOLESALE BYPASS

What's included in this industry?

Timber products Aggregate and cement Plumbing and heating equipment Construction tools Paint, varnish and adhesives Glass Fixtures

Companies

Industry Code

ISIC 2006

4663 - Wholesale of construction materials, hardware, plumbing and heating equipment and supplies in Latvia

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Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue Growth
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Profit Highlights

Trends
  • Total Profit
  • Profit Margin
  • Profit per Business

Current Performance

Charts
  • Revenue
  • Employees
  • Business
  • Profit
Analysis

What's driving current industry performance in the Construction Materials, Equipment & Supplies Wholesaling in Latvia industry?


Outlook

Analysis

What's driving the Construction Materials, Equipment & Supplies Wholesaling in Latvia industry outlook?


Volatility

Analysis

What influences volatility in the Construction Materials, Equipment & Supplies Wholesaling in Latvia industry?

Charts
  • Industry Volatility vs. Revenue Growth Matrix

Life Cycle

Analysis

What determines the industry life cycle stage in the Construction Materials, Equipment & Supplies Wholesaling in Latvia industry?

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

Key Takeaways

Wholesalers contend with fierce price volatility. Supply chain disruptions since the COVID-19 outbreak resulted in timber prices skyrocketing as shortages spread across Europe.

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Products and Services

Charts
  • Products and Services Segmentation
Analysis

How are the Construction Materials, Equipment & Supplies Wholesaling in Latvia industry's products and services performing?

Analysis

What are innovations in the Construction Materials, Equipment & Supplies Wholesaling in Latvia industry's products and services?


Major Markets

Charts
  • Major Market Segmentation
Analysis

What influences demand in the Construction Materials, Equipment & Supplies Wholesaling in Latvia industry?


International Trade

Highlights

  • Total Imports into Latvia
  • Total Exports into Latvia
Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country
Data Tables

Value and annual change (%) included

  • Number of Imports and Exports by European Country (2024)

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power

Key Takeaways

Larger wholesalers have a solid foothold in the industry. The Construction Materials, Equipment & Supplies Wholesaling industry consists of many larger players like Saint-Gobain A/S and Robert Bosch GmbH.

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Supply Chain

Charts

Buyer and supply industries

Geographic Breakdown

Business Locations

Heat maps
  • Share of Total Industry Establishments by Region (2024)
Data Tables
  • Number of Establishments by Region (2024)
Charts
  • Share of Establishments vs. Population of Each Region
Analysis

What regions are businesses in the Construction Materials, Equipment & Supplies Wholesaling in Latvia located?

Companies

Data Tables

Top 0 companies by market share:

  • Market share (2024)
  • Revenue (2024)
  • Profit (2024)
  • Profit margin (2024)

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Construction supply and material wholesalers must ensure they comply with safety and product quality standards. They must also comply with legislation related to business registration.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Construction Materials, Equipment & Supplies Wholesaling in Latvia industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Supply chain disruptions ratchet up purchase costs. Since the COVID-19 outbreak, wholesalers have contended with supply chain disruptions, hitting profitability.

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Construction Materials, Equipment & Supplies Wholesaling in Latvia industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.