| Product Code: ETC5407701 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s watch straps import market saw a shift in concentration levels from high to moderate in 2024, indicating a more diversified supply chain. Top exporting countries like Lithuania, Slovakia, and Poland continue to play a significant role, alongside China and Estonia. With a healthy CAGR of 6.24% from 2020 to 2024, the market experienced a slight decline in growth rate in 2024 (-18.42%). This data suggests a stable and competitive landscape for watch strap imports in Latvia, driven by a mix of established and emerging suppliers.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latvia Watch Straps Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Watch Straps Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Watch Straps Market - Industry Life Cycle |
3.4 Latvia Watch Straps Market - Porter's Five Forces |
3.5 Latvia Watch Straps Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Watch Straps Market Revenues & Volume Share, By Distribution Channel Outlook (Revenue, USD Million, 2016 - 2027), 2021 & 2031F |
3.7 Latvia Watch Straps Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Watch Straps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for customization and personalization in watch accessories. |
4.2.2 Growing demand for high-quality and fashionable watch straps. |
4.2.3 Rise in online retailing and e-commerce platforms providing easy access to a wide variety of watch straps. |
4.3 Market Restraints |
4.3.1 Competition from counterfeit and low-quality watch straps affecting brand reputation. |
4.3.2 Fluctuating raw material prices impacting production costs. |
4.3.3 Economic uncertainties leading to fluctuations in consumer spending on non-essential items like watch straps. |
5 Latvia Watch Straps Market Trends |
6 Latvia Watch Straps Market Segmentations |
6.1 Latvia Watch Straps Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Watch Straps Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Latvia Watch Straps Market Revenues & Volume, By Ceramic, 2021-2031F |
6.1.4 Latvia Watch Straps Market Revenues & Volume, By Fabric, 2021-2031F |
6.1.5 Latvia Watch Straps Market Revenues & Volume, By Leather, 2021-2031F |
6.1.6 Latvia Watch Straps Market Revenues & Volume, By Metal, 2021-2031F |
6.1.7 Latvia Watch Straps Market Revenues & Volume, By Plastic, 2021-2031F |
6.2 Latvia Watch Straps Market, By Distribution Channel Outlook (Revenue, USD Million, 2016 - 2027) |
6.2.1 Overview and Analysis |
6.2.2 Latvia Watch Straps Market Revenues & Volume, By Online, 2021-2031F |
6.2.3 Latvia Watch Straps Market Revenues & Volume, By Offline, 2021-2031F |
6.3 Latvia Watch Straps Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Watch Straps Market Revenues & Volume, By Women, 2021-2031F |
6.3.3 Latvia Watch Straps Market Revenues & Volume, By Men, 2021-2031F |
7 Latvia Watch Straps Market Import-Export Trade Statistics |
7.1 Latvia Watch Straps Market Export to Major Countries |
7.2 Latvia Watch Straps Market Imports from Major Countries |
8 Latvia Watch Straps Market Key Performance Indicators |
8.1 Average order value (AOV) of watch straps purchased online. |
8.2 Customer satisfaction ratings and reviews for watch straps. |
8.3 Number of new designs and materials introduced in the market. |
9 Latvia Watch Straps Market - Opportunity Assessment |
9.1 Latvia Watch Straps Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Watch Straps Market Opportunity Assessment, By Distribution Channel Outlook (Revenue, USD Million, 2016 - 2027), 2021 & 2031F |
9.3 Latvia Watch Straps Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Watch Straps Market - Competitive Landscape |
10.1 Latvia Watch Straps Market Revenue Share, By Companies, 2024 |
10.2 Latvia Watch Straps Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |