| Product Code: ETC5518737 | 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`s household textile import shipments in 2024 continued to be dominated by top exporters such as Poland, Germany, Lithuania, China, and the Netherlands. Despite a modest Compound Annual Growth Rate (CAGR) of 0.48% from 2020 to 2024, the market faced a slight decline in growth with a rate of -1.41% from 2023 to 2024. The high concentration of the Herfindahl-Hirschman Index (HHI) indicates a competitive market landscape, emphasizing the importance of strategic positioning and market differentiation for stakeholders in the household textile industry.

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 Household Textile Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Household Textile Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Household Textile Market - Industry Life Cycle |
3.4 Latvia Household Textile Market - Porter's Five Forces |
3.5 Latvia Household Textile Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Household Textile Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Household Textile Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing disposable income of the Latvian population |
4.2.2 Increasing focus on home decor and interior design trends |
4.2.3 Growth in the real estate sector leading to higher demand for household textiles |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Competition from imported household textiles |
4.3.3 Economic uncertainty impacting consumer spending |
5 Latvia Household Textile Market Trends |
6 Latvia Household Textile Market Segmentations |
6.1 Latvia Household Textile Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Household Textile Market Revenues & Volume, By Non-woven Textile, 2021-2031F |
6.1.3 Latvia Household Textile Market Revenues & Volume, By Woven Textile, 2021-2031F |
6.2 Latvia Household Textile Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Household Textile Market Revenues & Volume, By Bed, 2021-2031F |
6.2.3 Latvia Household Textile Market Revenues & Volume, By Furniture, 2021-2031F |
6.2.4 Latvia Household Textile Market Revenues & Volume, By Door & Window, 2021-2031F |
6.2.5 Latvia Household Textile Market Revenues & Volume, By Dining & Wash, 2021-2031F |
6.2.6 Latvia Household Textile Market Revenues & Volume, By Ground, 2021-2031F |
7 Latvia Household Textile Market Import-Export Trade Statistics |
7.1 Latvia Household Textile Market Export to Major Countries |
7.2 Latvia Household Textile Market Imports from Major Countries |
8 Latvia Household Textile Market Key Performance Indicators |
8.1 Average spending per household on textiles |
8.2 Number of households renovating or redecorating |
8.3 Consumer sentiment towards home textile purchases |
8.4 Trend analysis of popular textile designs and patterns |
8.5 Percentage of households purchasing sustainable or eco-friendly textiles |
9 Latvia Household Textile Market - Opportunity Assessment |
9.1 Latvia Household Textile Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Household Textile Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Household Textile Market - Competitive Landscape |
10.1 Latvia Household Textile Market Revenue Share, By Companies, 2024 |
10.2 Latvia Household Textile Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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