| Product Code: ETC5371791 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The footwear import market in Latvia continues to show steady growth, with a CAGR of 4.22% from 2020 to 2024. However, the recent negative growth rate of -19.1% from 2023 to 2024 indicates a potential slowdown in the market. The shift from moderate concentration in 2023 to high concentration in 2024 suggests increased dominance of key exporting countries like Poland, Lithuania, and China. This trend highlights the importance of monitoring market dynamics and adapting strategies to navigate changing conditions in the footwear import industry in Latvia.

In the Europe region, the Footwear market in Latvia is projected to expand at a stable growth rate of 3.68% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

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 Footwear Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Footwear Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Footwear Market - Industry Life Cycle |
3.4 Latvia Footwear Market - Porter's Five Forces |
3.5 Latvia Footwear Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Footwear Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Latvia Footwear Market Revenues & Volume Share, By End-users, 2021 & 2031F |
3.8 Latvia Footwear Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Footwear Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Latvia |
4.2.2 Growing popularity of online shopping for footwear |
4.2.3 Rising fashion consciousness and demand for trendy footwear styles |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Intense competition from international footwear brands |
4.3.3 Economic uncertainty impacting consumer spending on non-essential items like footwear |
5 Latvia Footwear Market Trends |
6 Latvia Footwear Market Segmentations |
6.1 Latvia Footwear Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Footwear Market Revenues & Volume, By Athletic, 2021-2031F |
6.1.3 Latvia Footwear Market Revenues & Volume, By Non-Athletic, 2021-2031F |
6.2 Latvia Footwear Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Latvia Footwear Market Revenues & Volume, By Lather, 2021-2031F |
6.2.3 Latvia Footwear Market Revenues & Volume, By Rubber, 2021-2031F |
6.2.4 Latvia Footwear Market Revenues & Volume, By Plastic, 2021-2031F |
6.3 Latvia Footwear Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Latvia Footwear Market Revenues & Volume, By Male, 2021-2031F |
6.3.3 Latvia Footwear Market Revenues & Volume, By Female, 2021-2031F |
6.3.4 Latvia Footwear Market Revenues & Volume, By Kids, 2021-2031F |
6.4 Latvia Footwear Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Latvia Footwear Market Revenues & Volume, By Online Stores, 2021-2031F |
6.4.3 Latvia Footwear Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.4.4 Latvia Footwear Market Revenues & Volume, By Independent Retail Stores, 2021-2031F |
6.4.5 Latvia Footwear Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Footwear Market Import-Export Trade Statistics |
7.1 Latvia Footwear Market Export to Major Countries |
7.2 Latvia Footwear Market Imports from Major Countries |
8 Latvia Footwear Market Key Performance Indicators |
8.1 Average selling price of footwear in Latvia |
8.2 Percentage of online sales in the footwear market |
8.3 Consumer sentiment towards spending on footwear |
8.4 Number of new footwear designs launched in the market |
8.5 Footwear import/export trends in Latvia |
9 Latvia Footwear Market - Opportunity Assessment |
9.1 Latvia Footwear Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Footwear Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Latvia Footwear Market Opportunity Assessment, By End-users, 2021 & 2031F |
9.4 Latvia Footwear Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Footwear Market - Competitive Landscape |
10.1 Latvia Footwear Market Revenue Share, By Companies, 2024 |
10.2 Latvia Footwear Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |