| Product Code: ETC5383761 | 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 needle loom import market in 2024 saw a significant concentration with top exporters being China, USA, Estonia, Japan, and Metropolitan France. Despite a low growth rate in 2024, the cumulative annual growth rate (CAGR) from 2020 to 2024 remained positive at 1.98%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Understanding the dynamics of these key exporting countries can provide valuable insights for businesses looking to enter or expand in the Latvian needle loom market.

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 Needle Loom Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Needle Loom Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Needle Loom Market - Industry Life Cycle |
3.4 Latvia Needle Loom Market - Porter's Five Forces |
3.5 Latvia Needle Loom Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Needle Loom Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Needle Loom Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for technical textiles in various industries such as automotive, construction, and healthcare. |
4.2.2 Growing focus on automation and technological advancements in needle loom machinery. |
4.2.3 Government initiatives to boost the textile industry in Latvia. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs. |
4.3.2 Intense competition from other textile manufacturing methods. |
4.3.3 Economic uncertainties affecting investments in needle loom technology. |
5 Latvia Needle Loom Market Trends |
6 Latvia Needle Loom Market Segmentations |
6.1 Latvia Needle Loom Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Needle Loom Market Revenues & Volume, By High Speed Needling Machines, 2021-2031F |
6.1.3 Latvia Needle Loom Market Revenues & Volume, By Medium Speed Needling Machines, 2021-2031F |
6.1.4 Latvia Needle Loom Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Needle Loom Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Needle Loom Market Revenues & Volume, By Artificial Leather, 2021-2031F |
6.2.3 Latvia Needle Loom Market Revenues & Volume, By Automotive Felts, 2021-2031F |
6.2.4 Latvia Needle Loom Market Revenues & Volume, By Carpets, 2021-2031F |
6.2.5 Latvia Needle Loom Market Revenues & Volume, By Insulation Materials, 2021-2031F |
6.2.6 Latvia Needle Loom Market Revenues & Volume, By Technical Felts, 2021-2031F |
6.2.7 Latvia Needle Loom Market Revenues & Volume, By Blankets, 2021-2031F |
7 Latvia Needle Loom Market Import-Export Trade Statistics |
7.1 Latvia Needle Loom Market Export to Major Countries |
7.2 Latvia Needle Loom Market Imports from Major Countries |
8 Latvia Needle Loom Market Key Performance Indicators |
8.1 Adoption rate of advanced needle loom technologies. |
8.2 Rate of innovation and introduction of new features in needle loom machinery. |
8.3 Utilization rate of needle loom machines in the textile industry in Latvia. |
9 Latvia Needle Loom Market - Opportunity Assessment |
9.1 Latvia Needle Loom Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Needle Loom Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Needle Loom Market - Competitive Landscape |
10.1 Latvia Needle Loom Market Revenue Share, By Companies, 2024 |
10.2 Latvia Needle Loom Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |