| Product Code: ETC7909887 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The e-commerce eyewear import shipments to Latvia in 2024 continued to see significant growth, with top exporting countries being Italy, Lithuania, Poland, Germany, and China. The market concentration, as indicated by the HHI, remained very high, highlighting the dominance of key players. The impressive compound annual growth rate (CAGR) of 28.82% from 2020 to 2024 underscores the strong momentum in the industry. Moreover, the growth rate of 6.73% from 2023 to 2024 indicates sustained expansion and presents opportunities for further market development 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 E-Commerce Eyewear Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia E-Commerce Eyewear Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia E-Commerce Eyewear Market - Industry Life Cycle |
3.4 Latvia E-Commerce Eyewear Market - Porter's Five Forces |
3.5 Latvia E-Commerce Eyewear Market Revenues & Volume Share, By Product Category, 2021 & 2031F |
3.6 Latvia E-Commerce Eyewear Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Latvia E-Commerce Eyewear Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing internet penetration and smartphone usage in Latvia |
4.2.2 Growing consumer preference for online shopping and convenience |
4.2.3 Rising disposable income leading to higher spending on fashion accessories like eyewear |
4.3 Market Restraints |
4.3.1 Lack of awareness about online eyewear shopping |
4.3.2 Limited product variation and customization options compared to physical stores |
5 Latvia E-Commerce Eyewear Market Trends |
6 Latvia E-Commerce Eyewear Market, By Types |
6.1 Latvia E-Commerce Eyewear Market, By Product Category |
6.1.1 Overview and Analysis |
6.1.2 Latvia E-Commerce Eyewear Market Revenues & Volume, By Product Category, 2021- 2031F |
6.1.3 Latvia E-Commerce Eyewear Market Revenues & Volume, By Spectacles, 2021- 2031F |
6.1.4 Latvia E-Commerce Eyewear Market Revenues & Volume, By Sunglasses, 2021- 2031F |
6.1.5 Latvia E-Commerce Eyewear Market Revenues & Volume, By Contact Lenses, 2021- 2031F |
6.2 Latvia E-Commerce Eyewear Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Latvia E-Commerce Eyewear Market Revenues & Volume, By Unisex, 2021- 2031F |
6.2.3 Latvia E-Commerce Eyewear Market Revenues & Volume, By Men, 2021- 2031F |
6.2.4 Latvia E-Commerce Eyewear Market Revenues & Volume, By Women, 2021- 2031F |
7 Latvia E-Commerce Eyewear Market Import-Export Trade Statistics |
7.1 Latvia E-Commerce Eyewear Market Export to Major Countries |
7.2 Latvia E-Commerce Eyewear Market Imports from Major Countries |
8 Latvia E-Commerce Eyewear Market Key Performance Indicators |
8.1 Average order value (AOV) for eyewear purchases |
8.2 Conversion rate of website visitors to customers |
8.3 Customer satisfaction ratings for online eyewear purchases |
8.4 Return rate of eyewear products purchased online |
8.5 Average time spent on the e-commerce platform for eyewear shopping |
9 Latvia E-Commerce Eyewear Market - Opportunity Assessment |
9.1 Latvia E-Commerce Eyewear Market Opportunity Assessment, By Product Category, 2021 & 2031F |
9.2 Latvia E-Commerce Eyewear Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Latvia E-Commerce Eyewear Market - Competitive Landscape |
10.1 Latvia E-Commerce Eyewear Market Revenue Share, By Companies, 2024 |
10.2 Latvia E-Commerce Eyewear 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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