| Product Code: ETC4776350 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Latvia Handicraft Market is projected to witness mixed growth rate patterns during 2025 to 2029. Commencing at 0.51% in 2025, growth builds up to 2.84% by 2029.

By 2027, the Handicraft market in Latvia is anticipated to reach a growth rate of 0.43%, 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 Handicraft Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Handicraft Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Handicraft Market - Industry Life Cycle |
3.4 Latvia Handicraft Market - Porter's Five Forces |
3.5 Latvia Handicraft Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Handicraft Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Latvia Handicraft Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Latvia Handicraft Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing popularity of handmade and unique products |
4.2.2 Increasing demand for authentic and locally-made goods |
4.2.3 Rising interest in sustainable and eco-friendly products |
4.2.4 Government support and initiatives to promote traditional crafts |
4.3 Market Restraints |
4.3.1 Limited access to raw materials and resources |
4.3.2 High competition from mass-produced goods |
4.3.3 Challenges in scaling production while maintaining quality standards |
4.3.4 Dependency on tourism and seasonal demand fluctuations |
5 Latvia Handicraft Market Trends |
6 Latvia Handicraft Market Segmentations |
6.1 Latvia Handicraft Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Handicraft Market Revenues & Volume, By Woodware, 2021-2031F |
6.1.3 Latvia Handicraft Market Revenues & Volume, By Art metal Ware, 2021-2031F |
6.1.4 Latvia Handicraft Market Revenues & Volume, By Handprinted Textiles and Scarves, 2021-2031F |
6.1.5 Latvia Handicraft Market Revenues & Volume, By Embroidered and Crocheted Goods, 2021-2031F |
6.1.6 Latvia Handicraft Market Revenues & Volume, By Zari and Zari Goods, 2021-2031F |
6.1.7 Latvia Handicraft Market Revenues & Volume, By Imitation Jewelry, 2021-2031F |
6.1.9 Latvia Handicraft Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Latvia Handicraft Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Handicraft Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Handicraft Market Revenues & Volume, By Mass Retailers, 2021-2031F |
6.2.3 Latvia Handicraft Market Revenues & Volume, By Departmental Stores, 2021-2031F |
6.2.4 Latvia Handicraft Market Revenues & Volume, By Independent Retailers, 2021-2031F |
6.2.5 Latvia Handicraft Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.6 Latvia Handicraft Market Revenues & Volume, By Online Stores, 2021-2031F |
6.2.7 Latvia Handicraft Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Handicraft Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Handicraft Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Latvia Handicraft Market Revenues & Volume, By Commercial, 2021-2031F |
7 Latvia Handicraft Market Import-Export Trade Statistics |
7.1 Latvia Handicraft Market Export to Major Countries |
7.2 Latvia Handicraft Market Imports from Major Countries |
8 Latvia Handicraft Market Key Performance Indicators |
8.1 Number of artisans and crafters participating in local markets and events |
8.2 Consumer awareness and interest in traditional Latvian handicrafts |
8.3 Percentage of revenue generated from exports of Latvian handicraft products |
8.4 Sustainability practices adopted by handicraft businesses |
8.5 Participation in government-sponsored programs and initiatives for the preservation of traditional crafts |
9 Latvia Handicraft Market - Opportunity Assessment |
9.1 Latvia Handicraft Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Handicraft Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Latvia Handicraft Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Latvia Handicraft Market - Competitive Landscape |
10.1 Latvia Handicraft Market Revenue Share, By Companies, 2024 |
10.2 Latvia Handicraft Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |