| Product Code: ETC7919362 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia saw a significant increase in import shipments of posture correctors, with top exporters being Germany, Lithuania, Poland, Finland, and Belgium. The Herfindahl-Hirschman Index (HHI) indicated a shift from moderate to low concentration, reflecting a more competitive market landscape. The impressive compound annual growth rate (CAGR) of 14.86% from 2020 to 2024 highlights the growing demand for posture correctors in Latvia. Moreover, the notable growth rate of 22.55% from 2023 to 2024 signals a thriving market for posture correction products in the country.

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 Posture Corrector Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Posture Corrector Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Posture Corrector Market - Industry Life Cycle |
3.4 Latvia Posture Corrector Market - Porter's Five Forces |
3.5 Latvia Posture Corrector Market Revenues & Volume Share, By Product type, 2021 & 2031F |
3.6 Latvia Posture Corrector Market Revenues & Volume Share, By Distribution channel, 2021 & 2031F |
3.7 Latvia Posture Corrector Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Latvia Posture Corrector Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the importance of maintaining good posture for overall health and well-being. |
4.2.2 Growing prevalence of musculoskeletal disorders due to sedentary lifestyles and long hours spent sitting. |
4.2.3 Rise in demand for non-invasive solutions to correct posture issues. |
4.3 Market Restraints |
4.3.1 Lack of awareness about posture correctors and their benefits among the general population. |
4.3.2 Limited availability of high-quality posture correctors in the market. |
4.3.3 Perceived discomfort or inconvenience associated with wearing posture correctors for extended periods. |
5 Latvia Posture Corrector Market Trends |
6 Latvia Posture Corrector Market, By Types |
6.1 Latvia Posture Corrector Market, By Product type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Posture Corrector Market Revenues & Volume, By Product type, 2021- 2031F |
6.1.3 Latvia Posture Corrector Market Revenues & Volume, By Sitting Support Devices, 2021- 2031F |
6.1.4 Latvia Posture Corrector Market Revenues & Volume, By Posture Braces, 2021- 2031F |
6.1.5 Latvia Posture Corrector Market Revenues & Volume, By Kinesiology Tape, 2021- 2031F |
6.1.6 Latvia Posture Corrector Market Revenues & Volume, By Posture Corrector Clothing, 2021- 2031F |
6.1.7 Latvia Posture Corrector Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Posture Corrector Market, By Distribution channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Posture Corrector Market Revenues & Volume, By Online, 2021- 2031F |
6.2.3 Latvia Posture Corrector Market Revenues & Volume, By Offline, 2021- 2031F |
6.3 Latvia Posture Corrector Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Posture Corrector Market Revenues & Volume, By Men, 2021- 2031F |
6.3.3 Latvia Posture Corrector Market Revenues & Volume, By Women, 2021- 2031F |
6.3.4 Latvia Posture Corrector Market Revenues & Volume, By Kids, 2021- 2031F |
7 Latvia Posture Corrector Market Import-Export Trade Statistics |
7.1 Latvia Posture Corrector Market Export to Major Countries |
7.2 Latvia Posture Corrector Market Imports from Major Countries |
8 Latvia Posture Corrector Market Key Performance Indicators |
8.1 Average daily usage time of posture correctors by consumers. |
8.2 Percentage increase in sales of posture correctors year-over-year. |
8.3 Number of new entrants and innovations in the posture corrector market. |
9 Latvia Posture Corrector Market - Opportunity Assessment |
9.1 Latvia Posture Corrector Market Opportunity Assessment, By Product type, 2021 & 2031F |
9.2 Latvia Posture Corrector Market Opportunity Assessment, By Distribution channel, 2021 & 2031F |
9.3 Latvia Posture Corrector Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Latvia Posture Corrector Market - Competitive Landscape |
10.1 Latvia Posture Corrector Market Revenue Share, By Companies, 2024 |
10.2 Latvia Posture Corrector 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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