| Product Code: ETC10839925 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Latvia`s smart textile import shipments in 2024 saw a diversification of sources, with Belgium, Lithuania, Turkey, China, and Estonia emerging as top exporting countries. The market displayed a very low concentration, indicating increased competition. Despite a negative CAGR of -9.06% from 2020-24, the growth rate improved slightly in 2024 with a decrease of -23.29% compared to the previous year. This data suggests a dynamic and evolving market landscape for smart textiles in Latvia.

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 Smart Textile Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Smart Textile Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Smart Textile Market - Industry Life Cycle |
3.4 Latvia Smart Textile Market - Porter's Five Forces |
3.5 Latvia Smart Textile Market Revenues & Volume Share, By Textile Type, 2021 & 2031F |
3.6 Latvia Smart Textile Market Revenues & Volume Share, By Connectivity, 2021 & 2031F |
3.7 Latvia Smart Textile Market Revenues & Volume Share, By Smart Features, 2021 & 2031F |
3.8 Latvia Smart Textile Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Latvia Smart Textile Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Smart Textile Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for smart textiles in various industries such as healthcare, sports, and military due to their advanced functionalities. |
4.2.2 Growing focus on sustainability and eco-friendly products leading to the adoption of smart textiles in Latvia. |
4.2.3 Technological advancements in smart textile manufacturing processes driving innovation and product development. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with the development and production of smart textiles. |
4.3.2 Limited consumer awareness and education about the benefits and applications of smart textiles in Latvia. |
4.3.3 Lack of standardized regulations and certifications for smart textiles impacting market growth and consumer trust. |
5 Latvia Smart Textile Market Trends |
6 Latvia Smart Textile Market, By Types |
6.1 Latvia Smart Textile Market, By Textile Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Smart Textile Market Revenues & Volume, By Textile Type, 2021 - 2031F |
6.1.3 Latvia Smart Textile Market Revenues & Volume, By AI-Powered Wearable Fabrics, 2021 - 2031F |
6.1.4 Latvia Smart Textile Market Revenues & Volume, By Temperature-Regulating Textiles, 2021 - 2031F |
6.1.5 Latvia Smart Textile Market Revenues & Volume, By Smart Biometric Clothing, 2021 - 2031F |
6.1.6 Latvia Smart Textile Market Revenues & Volume, By Conductive Fabrics, 2021 - 2031F |
6.1.7 Latvia Smart Textile Market Revenues & Volume, By UV-Resistant Smart Fabrics, 2021 - 2031F |
6.2 Latvia Smart Textile Market, By Connectivity |
6.2.1 Overview and Analysis |
6.2.2 Latvia Smart Textile Market Revenues & Volume, By IoT-Integrated, 2021 - 2031F |
6.2.3 Latvia Smart Textile Market Revenues & Volume, By Cloud-Based, 2021 - 2031F |
6.2.4 Latvia Smart Textile Market Revenues & Volume, By NFC-Connected, 2021 - 2031F |
6.2.5 Latvia Smart Textile Market Revenues & Volume, By AI-Powered, 2021 - 2031F |
6.2.6 Latvia Smart Textile Market Revenues & Volume, By Solar-Powered, 2021 - 2031F |
6.3 Latvia Smart Textile Market, By Smart Features |
6.3.1 Overview and Analysis |
6.3.2 Latvia Smart Textile Market Revenues & Volume, By Motion & Gesture Recognition, 2021 - 2031F |
6.3.3 Latvia Smart Textile Market Revenues & Volume, By Self-Adjusting Warmth, 2021 - 2031F |
6.3.4 Latvia Smart Textile Market Revenues & Volume, By Health Monitoring, 2021 - 2031F |
6.3.5 Latvia Smart Textile Market Revenues & Volume, By Embedded Electronics, 2021 - 2031F |
6.3.6 Latvia Smart Textile Market Revenues & Volume, By Energy Harvesting, 2021 - 2031F |
6.4 Latvia Smart Textile Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Smart Textile Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.4.3 Latvia Smart Textile Market Revenues & Volume, By Outdoor Gear, 2021 - 2031F |
6.4.4 Latvia Smart Textile Market Revenues & Volume, By Fitness Apparel, 2021 - 2031F |
6.4.5 Latvia Smart Textile Market Revenues & Volume, By Industrial Use, 2021 - 2031F |
6.4.6 Latvia Smart Textile Market Revenues & Volume, By Smart Fashion, 2021 - 2031F |
6.5 Latvia Smart Textile Market, By End User |
6.5.1 Overview and Analysis |
6.5.2 Latvia Smart Textile Market Revenues & Volume, By Medical Industry, 2021 - 2031F |
6.5.3 Latvia Smart Textile Market Revenues & Volume, By Adventure Enthusiasts, 2021 - 2031F |
6.5.4 Latvia Smart Textile Market Revenues & Volume, By Sports & Athletics, 2021 - 2031F |
6.5.5 Latvia Smart Textile Market Revenues & Volume, By Manufacturing Sector, 2021 - 2031F |
6.5.6 Latvia Smart Textile Market Revenues & Volume, By Clothing Industry, 2021 - 2031F |
7 Latvia Smart Textile Market Import-Export Trade Statistics |
7.1 Latvia Smart Textile Market Export to Major Countries |
7.2 Latvia Smart Textile Market Imports from Major Countries |
8 Latvia Smart Textile Market Key Performance Indicators |
8.1 Research and development investment in smart textile technologies. |
8.2 Number of partnerships and collaborations between smart textile manufacturers and research institutions. |
8.3 Adoption rate of smart textiles in key industries such as healthcare, sports, and fashion. |
8.4 Number of patents filed for innovative smart textile technologies. |
8.5 Environmental impact metrics related to the production and disposal of smart textiles. |
9 Latvia Smart Textile Market - Opportunity Assessment |
9.1 Latvia Smart Textile Market Opportunity Assessment, By Textile Type, 2021 & 2031F |
9.2 Latvia Smart Textile Market Opportunity Assessment, By Connectivity, 2021 & 2031F |
9.3 Latvia Smart Textile Market Opportunity Assessment, By Smart Features, 2021 & 2031F |
9.4 Latvia Smart Textile Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Latvia Smart Textile Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Smart Textile Market - Competitive Landscape |
10.1 Latvia Smart Textile Market Revenue Share, By Companies, 2024 |
10.2 Latvia Smart Textile 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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