| Product Code: ETC4906557 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Latvia`s apparel import market in 2024 continued to see strong growth, with top countries such as Germany, Poland, Italy, Spain, and Lithuania dominating the export shipments. The market exhibited moderate concentration levels, indicating a competitive landscape. The impressive compound annual growth rate (CAGR) of 22.17% from 2020 to 2024 highlights the increasing demand for apparel imports in Latvia. Furthermore, the growth rate of 20.28% from 2023 to 2024 suggests sustained momentum in the market, making it an attractive sector for both domestic and international players.

By 2027, the Apparel market in Latvia is anticipated to reach a growth rate of 3.61%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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 Apparel Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Apparel Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Apparel Market - Industry Life Cycle |
3.4 Latvia Apparel Market - Porter's Five Forces |
3.5 Latvia Apparel Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.6 Latvia Apparel Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Latvia Apparel Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Latvia Apparel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing disposable income of consumers in Latvia |
4.2.2 Increasing adoption of online shopping for apparel |
4.2.3 Rising fashion consciousness among the younger population |
4.3 Market Restraints |
4.3.1 Impact of economic fluctuations on consumer spending |
4.3.2 Intense competition from international apparel brands entering the market |
5 Latvia Apparel Market Trends |
6 Latvia Apparel Market Segmentations |
6.1 Latvia Apparel Market, By End User |
6.1.1 Overview and Analysis |
6.1.2 Latvia Apparel Market Revenues & Volume, By Men, 2021-2031F |
6.1.3 Latvia Apparel Market Revenues & Volume, By Women, 2021-2031F |
6.1.4 Latvia Apparel Market Revenues & Volume, By Kids, 2021-2031F |
6.2 Latvia Apparel Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Apparel Market Revenues & Volume, By Formal Wear, 2021-2031F |
6.2.3 Latvia Apparel Market Revenues & Volume, By Casual Wear, 2021-2031F |
6.2.4 Latvia Apparel Market Revenues & Volume, By Sports Wear, 2021-2031F |
6.2.5 Latvia Apparel Market Revenues & Volume, By Night Wear, 2021-2031F |
6.2.6 Latvia Apparel Market Revenues & Volume, By Other, 2021-2031F |
6.3 Latvia Apparel Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Apparel Market Revenues & Volume, By Formal Wear, 2021-2031F |
6.3.3 Latvia Apparel Market Revenues & Volume, By Casual Wear, 2021-2031F |
6.3.4 Latvia Apparel Market Revenues & Volume, By Sports Wear, 2021-2031F |
6.3.5 Latvia Apparel Market Revenues & Volume, By Night Wear, 2021-2031F |
6.3.6 Latvia Apparel Market Revenues & Volume, By Other, 2021-2031F |
7 Latvia Apparel Market Import-Export Trade Statistics |
7.1 Latvia Apparel Market Export to Major Countries |
7.2 Latvia Apparel Market Imports from Major Countries |
8 Latvia Apparel Market Key Performance Indicators |
8.1 Average order value (AOV) for online apparel purchases in Latvia |
8.2 Customer retention rate for local apparel brands |
8.3 Percentage of sales from sustainable and ethically sourced apparel |
9 Latvia Apparel Market - Opportunity Assessment |
9.1 Latvia Apparel Market Opportunity Assessment, By End User, 2021 & 2031F |
9.2 Latvia Apparel Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Latvia Apparel Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Latvia Apparel Market - Competitive Landscape |
10.1 Latvia Apparel Market Revenue Share, By Companies, 2024 |
10.2 Latvia Apparel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |