| Product Code: ETC5049798 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s braiding equipment import market saw a shift in concentration levels in 2024, with a high concentration index following a very high concentration in 2023. The top exporting countries to Latvia in 2024 were Germany, Finland, Italy, Lithuania, and China. Despite a negative growth rate in 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained strong at 11.44%. This indicates a dynamic market with potential opportunities for both domestic and international braiding equipment suppliers to explore in the coming years.

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 Braiding Equipment Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Braiding Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Braiding Equipment Market - Industry Life Cycle |
3.4 Latvia Braiding Equipment Market - Porter's Five Forces |
3.5 Latvia Braiding Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Braiding Equipment Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F |
4 Latvia Braiding Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for advanced braiding equipment in the textile industry in Latvia |
4.2.2 Increasing adoption of braiding technology in automotive and aerospace industries |
4.2.3 Technological advancements leading to the development of more efficient and precise braiding equipment |
4.3 Market Restraints |
4.3.1 High initial investment cost associated with purchasing braiding equipment |
4.3.2 Limited awareness and knowledge about the benefits of braiding technology in some industries in Latvia |
5 Latvia Braiding Equipment Market Trends |
6 Latvia Braiding Equipment Market Segmentations |
6.1 Latvia Braiding Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Braiding Equipment Market Revenues & Volume, By Vertical Braiders, 2021-2031F |
6.1.3 Latvia Braiding Equipment Market Revenues & Volume, By Horizontal Braiders, 2021-2031F |
6.1.4 Latvia Braiding Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Braiding Equipment Market, By Industry Vertical |
6.2.1 Overview and Analysis |
6.2.2 Latvia Braiding Equipment Market Revenues & Volume, By Textile, 2021-2031F |
6.2.3 Latvia Braiding Equipment Market Revenues & Volume, By Electrical, 2021-2031F |
6.2.4 Latvia Braiding Equipment Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.5 Latvia Braiding Equipment Market Revenues & Volume, By Medical, 2021-2031F |
6.2.6 Latvia Braiding Equipment Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Braiding Equipment Market Import-Export Trade Statistics |
7.1 Latvia Braiding Equipment Market Export to Major Countries |
7.2 Latvia Braiding Equipment Market Imports from Major Countries |
8 Latvia Braiding Equipment Market Key Performance Indicators |
8.1 Percentage increase in the number of braiding equipment installations in Latvia |
8.2 Adoption rate of automated braiding equipment in key industries |
8.3 Average downtime of braiding equipment in manufacturing facilities |
9 Latvia Braiding Equipment Market - Opportunity Assessment |
9.1 Latvia Braiding Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Braiding Equipment Market Opportunity Assessment, By Industry Vertical, 2021 & 2031F |
10 Latvia Braiding Equipment Market - Competitive Landscape |
10.1 Latvia Braiding Equipment Market Revenue Share, By Companies, 2024 |
10.2 Latvia Braiding Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |