| Product Code: ETC5576326 | 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 |
In 2024, Latvia continued to see a high concentration of smart textiles imports, with top exporters being China, Poland, Estonia, Metropolitan France, and Italy. Despite a minimal compound annual growth rate (CAGR) of 0.04% from 2020 to 2024, there was a significant decline in growth rate from 2023 to 2024, showing a -12.28% decrease. This indicates a challenging year for smart textiles imports in Latvia, possibly influenced by various external factors. Monitoring market trends and adapting strategies will be crucial for stakeholders in the smart textiles industry to navigate future uncertainties.

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 Textiles Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Smart Textiles Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Smart Textiles Market - Industry Life Cycle |
3.4 Latvia Smart Textiles Market - Porter's Five Forces |
3.5 Latvia Smart Textiles Market Revenues & Volume Share, By Type , 2021 & 2031F |
3.6 Latvia Smart Textiles Market Revenues & Volume Share, By Function , 2021 & 2031F |
3.7 Latvia Smart Textiles Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Latvia Smart Textiles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for wearable technology and smart clothing |
4.2.2 Growing focus on sustainability and eco-friendly products |
4.2.3 Technological advancements in smart textiles manufacturing |
4.3 Market Restraints |
4.3.1 High initial costs associated with smart textiles production |
4.3.2 Limited consumer awareness and acceptance of smart textiles |
4.3.3 Lack of standardized regulations and guidelines for smart textiles |
5 Latvia Smart Textiles Market Trends |
6 Latvia Smart Textiles Market Segmentations |
6.1 Latvia Smart Textiles Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Smart Textiles Market Revenues & Volume, By Passive smart textile, 2021-2031F |
6.1.3 Latvia Smart Textiles Market Revenues & Volume, By Active/ultra-smart textiles, 2021-2031F |
6.2 Latvia Smart Textiles Market, By Function |
6.2.1 Overview and Analysis |
6.2.2 Latvia Smart Textiles Market Revenues & Volume, By Sensing, 2021-2031F |
6.2.3 Latvia Smart Textiles Market Revenues & Volume, By Energy Harvesting? and Thermo Electricity, 2021-2031F |
6.2.4 Latvia Smart Textiles Market Revenues & Volume, By Luminescence & Aesthetics, 2021-2031F |
6.2.5 Latvia Smart Textiles Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Smart Textiles Market, By Vertical |
6.3.1 Overview and Analysis |
6.3.2 Latvia Smart Textiles Market Revenues & Volume, By Military & Protection, 2021-2031F |
6.3.3 Latvia Smart Textiles Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.4 Latvia Smart Textiles Market Revenues & Volume, By Sports & Fitness, 2021-2031F |
6.3.5 Latvia Smart Textiles Market Revenues & Volume, By Fashion & Entertainment, 2021-2031F |
6.3.6 Latvia Smart Textiles Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.7 Latvia Smart Textiles Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Smart Textiles Market Import-Export Trade Statistics |
7.1 Latvia Smart Textiles Market Export to Major Countries |
7.2 Latvia Smart Textiles Market Imports from Major Countries |
8 Latvia Smart Textiles Market Key Performance Indicators |
8.1 Percentage of RD investment in smart textiles technologies |
8.2 Number of partnerships and collaborations within the smart textiles industry |
8.3 Rate of adoption of smart textiles in various industries |
9 Latvia Smart Textiles Market - Opportunity Assessment |
9.1 Latvia Smart Textiles Market Opportunity Assessment, By Type , 2021 & 2031F |
9.2 Latvia Smart Textiles Market Opportunity Assessment, By Function , 2021 & 2031F |
9.3 Latvia Smart Textiles Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Latvia Smart Textiles Market - Competitive Landscape |
10.1 Latvia Smart Textiles Market Revenue Share, By Companies, 2024 |
10.2 Latvia Smart Textiles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |