| Product Code: ETC11748469 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Latvia saw a significant influx of digital textile printing machines primarily from the Netherlands, Poland, Finland, UK, and South Korea. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry experienced a notable growth rate of 38.27% from 2023 to 2024. However, the compound annual growth rate (CAGR) for the period 2020-2024 was -11.45%, suggesting some challenges in the market. The continued interest from top exporting countries signals a potential for further expansion and innovation in the digital textile printing machine sector in Latvia.

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 Digital Textile Printing Machine Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Digital Textile Printing Machine Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Digital Textile Printing Machine Market - Industry Life Cycle |
3.4 Latvia Digital Textile Printing Machine Market - Porter's Five Forces |
3.5 Latvia Digital Textile Printing Machine Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.6 Latvia Digital Textile Printing Machine Market Revenues & Volume Share, By Operation, 2021 & 2031F |
3.7 Latvia Digital Textile Printing Machine Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 Latvia Digital Textile Printing Machine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Digital Textile Printing Machine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Digital Textile Printing Machine Market Trends |
6 Latvia Digital Textile Printing Machine Market, By Types |
6.1 Latvia Digital Textile Printing Machine Market, By Process |
6.1.1 Overview and Analysis |
6.1.2 Latvia Digital Textile Printing Machine Market Revenues & Volume, By Process, 2021 - 2031F |
6.1.3 Latvia Digital Textile Printing Machine Market Revenues & Volume, By Direct to Fabric (Roll to Roll Printing), 2021 - 2031F |
6.1.4 Latvia Digital Textile Printing Machine Market Revenues & Volume, By Direct to Garment (DTG), 2021 - 2031F |
6.2 Latvia Digital Textile Printing Machine Market, By Operation |
6.2.1 Overview and Analysis |
6.2.2 Latvia Digital Textile Printing Machine Market Revenues & Volume, By Single Pass, 2021 - 2031F |
6.2.3 Latvia Digital Textile Printing Machine Market Revenues & Volume, By Multi Pass, 2021 - 2031F |
6.3 Latvia Digital Textile Printing Machine Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 Latvia Digital Textile Printing Machine Market Revenues & Volume, By Cotton, 2021 - 2031F |
6.3.3 Latvia Digital Textile Printing Machine Market Revenues & Volume, By Silk, 2021 - 2031F |
6.3.4 Latvia Digital Textile Printing Machine Market Revenues & Volume, By Polyester, 2021 - 2031F |
6.3.5 Latvia Digital Textile Printing Machine Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Latvia Digital Textile Printing Machine Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Digital Textile Printing Machine Market Revenues & Volume, By Garment, 2021 - 2031F |
6.4.3 Latvia Digital Textile Printing Machine Market Revenues & Volume, By Decor, 2021 - 2031F |
6.4.4 Latvia Digital Textile Printing Machine Market Revenues & Volume, By Industrial, 2021 - 2031F |
7 Latvia Digital Textile Printing Machine Market Import-Export Trade Statistics |
7.1 Latvia Digital Textile Printing Machine Market Export to Major Countries |
7.2 Latvia Digital Textile Printing Machine Market Imports from Major Countries |
8 Latvia Digital Textile Printing Machine Market Key Performance Indicators |
9 Latvia Digital Textile Printing Machine Market - Opportunity Assessment |
9.1 Latvia Digital Textile Printing Machine Market Opportunity Assessment, By Process, 2021 & 2031F |
9.2 Latvia Digital Textile Printing Machine Market Opportunity Assessment, By Operation, 2021 & 2031F |
9.3 Latvia Digital Textile Printing Machine Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 Latvia Digital Textile Printing Machine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Digital Textile Printing Machine Market - Competitive Landscape |
10.1 Latvia Digital Textile Printing Machine Market Revenue Share, By Companies, 2024 |
10.2 Latvia Digital Textile Printing Machine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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