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
#24 In EuropeBusiness
#18 In EuropeEmployees
#16 In EuropeWages
#24 In EuropePassenger and freight traffic levels directly determine the revenue generated by land transport support service providers. In turn, disposable income levels and EU trade levels determine demand for these services. Revenue is expected to fall at a compound annual rate of 4.5% over the five years through 2024 to €97.6 billion, including a forecast decrease of 2.2% in 2024.
Enterprises
Number of businesses in 2024
Biggest companies in the Land Transport Support Services 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 Land Transport Support Services 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 Land Transport Support Services industry in Latvia in 2024?
The market size of the Land Transport Support Services industry in Latvia is €258.0m in 2024.
How many businesses are there in the Land Transport Support Services in Latvia industry in 2024?
There are 527 businesses in the Land Transport Support Services industry in Latvia, which has grown at a CAGR of 1.1 % between 2019 and 2024.
Has the Land Transport Support Services industry in Latvia grown or declined over the past 5 years?
The market size of the Land Transport Support Services industry in Latvia has been growing at a CAGR of 23.0 % between 2019 and 2024.
What is the forecast growth of the Land Transport Support Services industry in Latvia over the next 5 years?
Over the next five years, the Land Transport Support Services industry in Latvia is expected to grow.
What does the Land Transport Support Services in Latvia include?
Rail freight transport terminals and Rail passenger facilities are part of the Land Transport Support Services industry.
How competitive is the Land Transport Support Services industry in Latvia?
The level of competition is moderate and steady in the Land Transport Support Services industry in Latvia.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Urban Passenger Land Transport in Latvia
- Airport Operation in Latvia
Complementors
- Warehousing & Storage in Latvia
Table of Contents
About this industry
Industry definition
Companies in this industry operate land-based terminal facilities like railway stations and bus stations. It also includes support services for transport infrastructure including roads, bridges, tunnels, car parks and garages.
Related Terms
FREIGHTAUTOMATED TICKET MACHINERAIL FACILITIESWhat's included in this industry?
Rail freight transport terminalsRail passenger facilitiesBus and coach passenger facilitiesCompanies
Industry Code
5221 - Service activities incidental to land transportation 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 Land Transport Support Services in Latvia industry?
Outlook
Analysis
What's driving the Land Transport Support Services in Latvia industry outlook?
Volatility
Analysis
What influences volatility in the Land Transport Support Services in Latvia industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Land Transport Support Services in Latvia industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Import competition challenges land transport activity. Subdued rail freight transport activity has limited demand and negatively affected rail freight transport terminal revenue.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Land Transport Support Services in Latvia industry's products and services performing?
Analysis
What are innovations in the Land Transport Support Services in Latvia industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Land Transport Support Services 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
Some industry segments have high levels of concentration. Some segments are dominated by larger players, while others are fragmented, impacting competitive dynamics.
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 Land Transport Support Services 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
Steep investment and regulation heighten barriers to entry. Regulatory complexities, significant infrastructure investment and gaining access to key transport routes make it challenging for new companies to establish a foothold.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Land Transport Support Services in Latvia industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Business can negotiate freight rates. Buyer power can vary based on the service segment, with customers having the ability to negotiate pricing and service terms in the most competitive markets.
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 Land Transport Support Services 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.
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