| Product Code: ETC5069615 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, Latvia saw significant imports of footwear sole materials, with top exporting countries including Taiwan, Estonia, Italy, Ireland, and Poland. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the compound annual growth rate (CAGR) for 2020-2024 declined by -18.5%. Additionally, the growth rate from 2023-2024 experienced a decrease of -17.25%. These trends suggest a challenging market environment, potentially influenced by various factors impacting the footwear industry 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 Footwear Sole Material Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Footwear Sole Material Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Footwear Sole Material Market - Industry Life Cycle |
3.4 Latvia Footwear Sole Material Market - Porter's Five Forces |
3.5 Latvia Footwear Sole Material Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.6 Latvia Footwear Sole Material Market Revenues & Volume Share, By Gender, 2021 & 2031F |
3.7 Latvia Footwear Sole Material Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.8 Latvia Footwear Sole Material Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.9 Latvia Footwear Sole Material Market Revenues & Volume Share, By Component, 2021 & 2031F |
4 Latvia Footwear Sole Material Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable materials in footwear production |
4.2.2 Growing awareness about the importance of quality and comfort in footwear |
4.2.3 Rising disposable income leading to higher spending on footwear |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition among footwear manufacturers |
4.3.3 Changing consumer preferences and fashion trends affecting demand for certain sole materials |
5 Latvia Footwear Sole Material Market Trends |
6 Latvia Footwear Sole Material Market Segmentations |
6.1 Latvia Footwear Sole Material Market, By Distribution Channel |
6.1.1 Overview and Analysis |
6.1.2 Latvia Footwear Sole Material Market Revenues & Volume, By Shoe Stores, 2021-2031F |
6.1.3 Latvia Footwear Sole Material Market Revenues & Volume, By Retail Stores, 2021-2031F |
6.1.4 Latvia Footwear Sole Material Market Revenues & Volume, By Super Markets, 2021-2031F |
6.1.5 Latvia Footwear Sole Material Market Revenues & Volume, By Online, 2021-2031F |
6.2 Latvia Footwear Sole Material Market, By Gender |
6.2.1 Overview and Analysis |
6.2.2 Latvia Footwear Sole Material Market Revenues & Volume, By Men, 2021-2031F |
6.2.3 Latvia Footwear Sole Material Market Revenues & Volume, By Women, 2021-2031F |
6.2.4 Latvia Footwear Sole Material Market Revenues & Volume, By Kids, 2021-2031F |
6.3 Latvia Footwear Sole Material Market, By Product |
6.3.1 Overview and Analysis |
6.3.2 Latvia Footwear Sole Material Market Revenues & Volume, By Athletic Footwear Sole Material, 2021-2031F |
6.3.3 Latvia Footwear Sole Material Market Revenues & Volume, By Non-athletic Footwear Sole Material, 2021-2031F |
6.4 Latvia Footwear Sole Material Market, By Material |
6.4.1 Overview and Analysis |
6.4.2 Latvia Footwear Sole Material Market Revenues & Volume, By Plastic Footwear Soles, 2021-2031F |
6.4.3 Latvia Footwear Sole Material Market Revenues & Volume, By Rubber Footwear Soles, 2021-2031F |
6.4.4 Latvia Footwear Sole Material Market Revenues & Volume, By Leather Footwear Soles, 2021-2031F |
6.4.5 Latvia Footwear Sole Material Market Revenues & Volume, By Other Materials, 2021-2031F |
6.5 Latvia Footwear Sole Material Market, By Component |
6.5.1 Overview and Analysis |
6.5.2 Latvia Footwear Sole Material Market Revenues & Volume, By In Sole, 2021-2031F |
6.5.3 Latvia Footwear Sole Material Market Revenues & Volume, By Mid Sole, 2021-2031F |
6.5.4 Latvia Footwear Sole Material Market Revenues & Volume, By Out Sole, 2021-2031F |
6.5.5 Latvia Footwear Sole Material Market Revenues & Volume, By Unit Sole, 2021-2031F |
7 Latvia Footwear Sole Material Market Import-Export Trade Statistics |
7.1 Latvia Footwear Sole Material Market Export to Major Countries |
7.2 Latvia Footwear Sole Material Market Imports from Major Countries |
8 Latvia Footwear Sole Material Market Key Performance Indicators |
8.1 Average selling price of footwear with different sole materials |
8.2 Percentage of footwear manufacturers using eco-friendly materials |
8.3 Customer satisfaction ratings for footwear comfort and quality |
8.4 Number of new product launches featuring innovative sole materials |
8.5 Percentage of revenue allocated for research and development in sole material innovation |
9 Latvia Footwear Sole Material Market - Opportunity Assessment |
9.1 Latvia Footwear Sole Material Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.2 Latvia Footwear Sole Material Market Opportunity Assessment, By Gender, 2021 & 2031F |
9.3 Latvia Footwear Sole Material Market Opportunity Assessment, By Product, 2021 & 2031F |
9.4 Latvia Footwear Sole Material Market Opportunity Assessment, By Material, 2021 & 2031F |
9.5 Latvia Footwear Sole Material Market Opportunity Assessment, By Component, 2021 & 2031F |
10 Latvia Footwear Sole Material Market - Competitive Landscape |
10.1 Latvia Footwear Sole Material Market Revenue Share, By Companies, 2024 |
10.2 Latvia Footwear Sole Material Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |