| Product Code: ETC4945393 | 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 | |
Latvia continues to witness a strong influx of leather goods import shipments, with Italy, Germany, Poland, Spain, and Estonia leading the pack in 2024. The market shows high concentration levels with a consistent Herfindahl-Hirschman Index (HHI). The impressive Compound Annual Growth Rate (CAGR) of 25.58% from 2020 to 2024 highlights the robust expansion of the leather goods market in Latvia. Moreover, the growth rate of 13.43% from 2023 to 2024 indicates sustained momentum and opportunities for both local retailers and international suppliers in the leather goods sector.
The Leather goods market in Latvia is projected to grow at a stable growth rate of 3.46% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Leather goods Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Leather goods Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Leather goods Market - Industry Life Cycle |
3.4 Latvia Leather goods Market - Porter's Five Forces |
3.5 Latvia Leather goods Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Leather goods Market Revenues & Volume Share, By ? Distribution Channel, 2021 & 2031F |
4 Latvia Leather goods 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 sustainable and ethically sourced leather products |
4.2.3 Rising demand for premium and luxury leather goods in the market |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from synthetic leather and alternative materials in the market |
5 Latvia Leather goods Market Trends |
6 Latvia Leather goods Market Segmentations |
6.1 Latvia Leather goods Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Leather goods Market Revenues & Volume, By Footwear, 2021-2031F |
6.1.3 Latvia Leather goods Market Revenues & Volume, By Luggage, 2021-2031F |
6.1.4 Latvia Leather goods Market Revenues & Volume, By Wallets & Purses, 2021-2031F |
6.1.5 Latvia Leather goods Market Revenues & Volume, By Clothing and Apparel, 2021-2031F |
6.1.6 Latvia Leather goods Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Leather goods Market, By ? Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Leather goods Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F |
6.2.3 Latvia Leather goods Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.4 Latvia Leather goods Market Revenues & Volume, By Online Stores, 2021-2031F |
7 Latvia Leather goods Market Import-Export Trade Statistics |
7.1 Latvia Leather goods Market Export to Major Countries |
7.2 Latvia Leather goods Market Imports from Major Countries |
8 Latvia Leather goods Market Key Performance Indicators |
8.1 Customer satisfaction scores for leather goods |
8.2 Percentage of repeat customers in the market |
8.3 Adoption rate of eco-friendly leather production practices in the industry |
9 Latvia Leather goods Market - Opportunity Assessment |
9.1 Latvia Leather goods Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Leather goods Market Opportunity Assessment, By ? Distribution Channel, 2021 & 2031F |
10 Latvia Leather goods Market - Competitive Landscape |
10.1 Latvia Leather goods Market Revenue Share, By Companies, 2024 |
10.2 Latvia Leather goods Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |