| Product Code: ETC5033572 | 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 import shipments of flip flops in 2024 were predominantly sourced from Poland, Italy, Germany, Belgium, and China, indicating a diverse supplier base. The market showed moderate concentration with a stable HHI in 2024. The impressive compound annual growth rate (CAGR) of 19.15% from 2020 to 2024 reflects the expanding demand for flip flops in Latvia. Additionally, the growth rate of 7.8% from 2023 to 2024 suggests continued momentum in the market, presenting opportunities for both domestic and international suppliers to capitalize on the growing trend.

By 2027, the Flip Flops market in Latvia is anticipated to reach a growth rate of 4.47%, 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 Flip Flops Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Flip Flops Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Flip Flops Market - Industry Life Cycle |
3.4 Latvia Flip Flops Market - Porter's Five Forces |
3.5 Latvia Flip Flops Market Revenues & Volume Share, By Sole Material, 2021 & 2031F |
3.6 Latvia Flip Flops Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Flip Flops Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Latvia |
4.2.2 Growing tourism industry in Latvia leading to higher demand for flip flops |
4.2.3 Changing fashion trends favoring casual and comfortable footwear |
4.3 Market Restraints |
4.3.1 Seasonal demand fluctuations due to weather conditions in Latvia |
4.3.2 Competition from other types of footwear like sandals and sneakers |
5 Latvia Flip Flops Market Trends |
6 Latvia Flip Flops Market Segmentations |
6.1 Latvia Flip Flops Market, By Sole Material |
6.1.1 Overview and Analysis |
6.1.2 Latvia Flip Flops Market Revenues & Volume, By EVA Flip Flops, 2021-2031F |
6.1.3 Latvia Flip Flops Market Revenues & Volume, By PVC Flip Flops, 2021-2031F |
6.1.4 Latvia Flip Flops Market Revenues & Volume, By Rubber Flip Flops, 2021-2031F |
6.1.5 Latvia Flip Flops Market Revenues & Volume, By EVA+Rubber Flip Flops, 2021-2031F |
6.1.6 Latvia Flip Flops Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Flip Flops Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Latvia Flip Flops Market Revenues & Volume, By Women Flip Flops, 2021-2031F |
6.2.3 Latvia Flip Flops Market Revenues & Volume, By Men Flip Flops, 2021-2031F |
6.2.4 Latvia Flip Flops Market Revenues & Volume, By Girls Flip Flops, 2021-2031F |
6.2.5 Latvia Flip Flops Market Revenues & Volume, By Boys Flip Flops, 2021-2031F |
7 Latvia Flip Flops Market Import-Export Trade Statistics |
7.1 Latvia Flip Flops Market Export to Major Countries |
7.2 Latvia Flip Flops Market Imports from Major Countries |
8 Latvia Flip Flops Market Key Performance Indicators |
8.1 Average selling price of flip flops in the market |
8.2 Number of tourist arrivals in Latvia |
8.3 Consumer sentiment towards flip flops as indicated by surveys or social media mentions |
9 Latvia Flip Flops Market - Opportunity Assessment |
9.1 Latvia Flip Flops Market Opportunity Assessment, By Sole Material, 2021 & 2031F |
9.2 Latvia Flip Flops Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Flip Flops Market - Competitive Landscape |
10.1 Latvia Flip Flops Market Revenue Share, By Companies, 2024 |
10.2 Latvia Flip Flops Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |