| Product Code: ETC5398524 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Latvia Loom Market is projected to witness mixed growth rate patterns during 2025 to 2029. Commencing at 1.24% in 2025, growth builds up to 1.76% by 2029.

The Loom market in Latvia is projected to grow at a stable growth rate of 0.56% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.

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 Loom Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Loom Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Loom Market - Industry Life Cycle |
3.4 Latvia Loom Market - Porter's Five Forces |
3.5 Latvia Loom Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Loom Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Latvia Loom Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable products in Latvia |
4.2.2 Growth of the textile industry in the region |
4.2.3 Rising disposable income leading to higher spending on home decor items |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from imported looms in the market |
5 Latvia Loom Market Trends |
6 Latvia Loom Market Segmentations |
6.1 Latvia Loom Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Loom Market Revenues & Volume, By Hand Loom, 2021-2031F |
6.1.3 Latvia Loom Market Revenues & Volume, By Shuttle Loom, 2021-2031F |
6.1.4 Latvia Loom Market Revenues & Volume, By Modern Loom, 2021-2031F |
6.1.5 Latvia Loom Market Revenues & Volume, By Projectile Loom, 2021-2031F |
6.1.6 Latvia Loom Market Revenues & Volume, By Air Jet Loom, 2021-2031F |
6.1.7 Latvia Loom Market Revenues & Volume, By Multiphase Loom, 2021-2031F |
6.2 Latvia Loom Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Latvia Loom Market Revenues & Volume, By Home Use, 2021-2031F |
6.2.3 Latvia Loom Market Revenues & Volume, By Commercial Use? , 2021-2031F |
7 Latvia Loom Market Import-Export Trade Statistics |
7.1 Latvia Loom Market Export to Major Countries |
7.2 Latvia Loom Market Imports from Major Countries |
8 Latvia Loom Market Key Performance Indicators |
8.1 Percentage of looms made from sustainable materials |
8.2 Number of new entrants in the loom market in Latvia |
8.3 Adoption rate of advanced technology in loom production |
9 Latvia Loom Market - Opportunity Assessment |
9.1 Latvia Loom Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Loom Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Latvia Loom Market - Competitive Landscape |
10.1 Latvia Loom Market Revenue Share, By Companies, 2024 |
10.2 Latvia Loom 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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