| Product Code: ETC4907222 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Latvia scarf import market saw significant growth in 2024, with top exporting countries being Italy, Germany, Finland, Netherlands, and Spain. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, potentially leading to competitive dynamics. The impressive compound annual growth rate (CAGR) of 45.01% from 2020 to 2024 highlights the increasing demand for scarves in Latvia. Additionally, the growth rate of 13.61% in 2024 suggests a continued upward trend in scarf imports, presenting opportunities for businesses in this sector.

The Scarf market in Latvia is projected to grow at a stable growth rate of 2.59% 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 Scarf Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Scarf Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Scarf Market - Industry Life Cycle |
3.4 Latvia Scarf Market - Porter's Five Forces |
3.5 Latvia Scarf Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Scarf Market Revenues & Volume Share, By Downstream Fields, 2021 & 2031F |
4 Latvia Scarf Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing fashion consciousness among consumers in Latvia |
4.2.2 Growing demand for unique and personalized accessories |
4.2.3 Rising popularity of scarves as versatile fashion items |
4.3 Market Restraints |
4.3.1 Seasonality of scarf sales, with higher demand during colder months |
4.3.2 Competition from other accessory items such as hats and gloves |
5 Latvia Scarf Market Trends |
6 Latvia Scarf Market Segmentations |
6.1 Latvia Scarf Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Scarf Market Revenues & Volume, By Cashmere, 2021-2031F |
6.1.3 Latvia Scarf Market Revenues & Volume, By Cotton, 2021-2031F |
6.1.4 Latvia Scarf Market Revenues & Volume, By Faux Fur, 2021-2031F |
6.1.5 Latvia Scarf Market Revenues & Volume, By Linen, 2021-2031F |
6.1.6 Latvia Scarf Market Revenues & Volume, By Silk, 2021-2031F |
6.1.7 Latvia Scarf Market Revenues & Volume, By Wool & Wool Blend, 2021-2031F |
6.2 Latvia Scarf Market, By Downstream Fields |
6.2.1 Overview and Analysis |
6.2.2 Latvia Scarf Market Revenues & Volume, By Women, 2021-2031F |
6.2.3 Latvia Scarf Market Revenues & Volume, By Men, 2021-2031F |
7 Latvia Scarf Market Import-Export Trade Statistics |
7.1 Latvia Scarf Market Export to Major Countries |
7.2 Latvia Scarf Market Imports from Major Countries |
8 Latvia Scarf Market Key Performance Indicators |
8.1 Average number of scarf designs launched per season |
8.2 Percentage of consumers who consider scarves a staple accessory |
8.3 Growth in online searches for scarf styling tips and trends |
9 Latvia Scarf Market - Opportunity Assessment |
9.1 Latvia Scarf Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Scarf Market Opportunity Assessment, By Downstream Fields, 2021 & 2031F |
10 Latvia Scarf Market - Competitive Landscape |
10.1 Latvia Scarf Market Revenue Share, By Companies, 2024 |
10.2 Latvia Scarf 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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