Latvia Footwear Market (2025-2031) | Industry, Outlook, Companies, Revenue, Analysis, Forecast, Value, Share, Trends, Growth, Size & Segmentation

Market Forecast By Type (Athletic, Non-Athletic), By Material (Lather, Rubber, Plastic), By End-users (Male, Female, Kids), By Distribution Channel (Online Stores, Supermarkets and Hypermarkets, Independent Retail Stores, Others) And Competitive Landscape
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

Latvia Footwear Market Top 5 Importing Countries and Market Competition (HHI) Analysis

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.

Latvia Footwear Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Footwear Market: Latvia vs Top 5 Major Economies in 2027 (Europe)


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.

Footwear Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

Key Highlights of the Report:

  • Latvia Footwear Market Outlook
  • Market Size of Latvia Footwear Market, 2024
  • Forecast of Latvia Footwear Market, 2031
  • Historical Data and Forecast of Latvia Footwear Revenues & Volume for the Period 2021-2031
  • Latvia Footwear Market Trend Evolution
  • Latvia Footwear Market Drivers and Challenges
  • Latvia Footwear Price Trends
  • Latvia Footwear Porter`s Five Forces
  • Latvia Footwear Industry Life Cycle
  • Historical Data and Forecast of Latvia Footwear Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Footwear Market Revenues & Volume By Athletic for the Period 2021-2031
  • Historical Data and Forecast of Latvia Footwear Market Revenues & Volume By Non-Athletic for the Period 2021-2031
  • Historical Data and Forecast of Latvia Footwear Market Revenues & Volume By Material for the Period 2021-2031
  • Historical Data and Forecast of Latvia Footwear Market Revenues & Volume By Lather for the Period 2021-2031
  • Historical Data and Forecast of Latvia Footwear Market Revenues & Volume By Rubber for the Period 2021-2031
  • Historical Data and Forecast of Latvia Footwear Market Revenues & Volume By Plastic for the Period 2021-2031
  • Historical Data and Forecast of Latvia Footwear Market Revenues & Volume By End-users for the Period 2021-2031
  • Historical Data and Forecast of Latvia Footwear Market Revenues & Volume By Male for the Period 2021-2031
  • Historical Data and Forecast of Latvia Footwear Market Revenues & Volume By Female for the Period 2021-2031
  • Historical Data and Forecast of Latvia Footwear Market Revenues & Volume By Kids for the Period 2021-2031
  • Historical Data and Forecast of Latvia Footwear Market Revenues & Volume By Distribution Channel for the Period 2021-2031
  • Historical Data and Forecast of Latvia Footwear Market Revenues & Volume By Online Stores for the Period 2021-2031
  • Historical Data and Forecast of Latvia Footwear Market Revenues & Volume By Supermarkets and Hypermarkets for the Period 2021-2031
  • Historical Data and Forecast of Latvia Footwear Market Revenues & Volume By Independent Retail Stores for the Period 2021-2031
  • Historical Data and Forecast of Latvia Footwear Market Revenues & Volume By Others for the Period 2021-2031
  • Latvia Footwear Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Material
  • Market Opportunity Assessment By End-users
  • Market Opportunity Assessment By Distribution Channel
  • Latvia Footwear Top Companies Market Share
  • Latvia Footwear Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Footwear Company Profiles
  • Latvia Footwear Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Footwear Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Footwear Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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

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