DIY market in Latvia
The Latvian DIY eCommerce market is predicted to reach US$68.2 million by 2024 and accounts for 9.1% of the total eCommerce market in Latvia. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 1.7%, resulting in a projected market volume of US$73.0 million by 2028. Within the DIY market ECDB considers the following three sub-markets: Tools & Construction Supplies, Vehicle Parts, and Garden.
Market development
eCommerce revenue development in the Plants & Seeds market in Latvia
The Latvian Plants & Seeds eCommerce market is predicted to reach US$2.6 million by 2024 and accounts for 23.5% of the Garden eCommerce market in Latvia. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 6.0%, resulting in a projected market volume of US$3.2 million by 2028. The Plants & Seeds eCommerce market is a sub-market of the Garden market. Further categories within the Garden market are: Barbecues, Gardening Accessories, and Other Garden.
eCommerce revenue development in the Plants & Seeds market in Latvia
eCommerce revenue growth in the Plants & Seeds market in Latvia
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 97.4 | 4.9 | 92.1 | 84.9 | 93.9 | 40.1 | 95.2 | 60.2 |
Market definition
Definition of the Plants & Seeds market within the DIY market
Market definition: DIY > Garden > Plants & Seeds The category Plants & Seeds includes the online trade of plants (e.g. flowering plants, fruit trees, shrubs, vegetable plants, herb plants, bulbs and tubers), seeds and starts. This category does not cover fresh cut flowers and bouquets. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Plants (e.g. flowering plants, fruit trees, shrubs, vegetable plants, herb plants, bulbs and tubers)
- Seeds
- Starts
Out-of-scope
- Fresh cut flowers and bouquets
Market comparison
The Latvian Plants & Seeds market in a global comparison