| Product Code: ETC5087570 | 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 |
In 2024, Latvia saw a significant increase in sports footwear import shipments, with top exporting countries being Belgium, Poland, Germany, Estonia, and Denmark. The market exhibited very high concentration, indicating a competitive landscape dominated by a few key players. Despite a decline in growth rate from the previous year, the compound annual growth rate of 6.04% over the period 2020-24 suggests a steady expansion in the sports footwear market in Latvia. This data highlights the importance of these key exporting countries in supplying quality sports footwear to meet the growing demand in Latvia.

The Sports Footwear market in Latvia is projected to grow at a stable growth rate of 3.60% 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 Sports Footwear Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Sports Footwear Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Sports Footwear Market - Industry Life Cycle |
3.4 Latvia Sports Footwear Market - Porter's Five Forces |
3.5 Latvia Sports Footwear Market Revenues & Volume Share, By Gender, 2021 & 2031F |
3.6 Latvia Sports Footwear Market Revenues & Volume Share, By End-User, 2021 & 2031F |
3.7 Latvia Sports Footwear Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Sports Footwear Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health awareness and focus on fitness activities among the Latvian population |
4.2.2 Growing popularity of sports and outdoor activities leading to higher demand for sports footwear |
4.2.3 Rising disposable income levels and changing lifestyle preferences driving the purchase of sports footwear |
4.3 Market Restraints |
4.3.1 Intense competition among sports footwear brands leading to pricing pressures |
4.3.2 Economic uncertainties impacting consumer spending on non-essential items like sports footwear |
4.3.3 Seasonal fluctuations affecting sales of sports footwear, especially during winter months |
5 Latvia Sports Footwear Market Trends |
6 Latvia Sports Footwear Market Segmentations |
6.1 Latvia Sports Footwear Market, By Gender |
6.1.1 Overview and Analysis |
6.1.2 Latvia Sports Footwear Market Revenues & Volume, By Men, 2021-2031F |
6.1.3 Latvia Sports Footwear Market Revenues & Volume, By Women, 2021-2031F |
6.1.4 Latvia Sports Footwear Market Revenues & Volume, By Kids, 2021-2031F |
6.2 Latvia Sports Footwear Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Latvia Sports Footwear Market Revenues & Volume, By Professional User, 2021-2031F |
6.2.3 Latvia Sports Footwear Market Revenues & Volume, By Recreational User, 2021-2031F |
6.3 Latvia Sports Footwear Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Sports Footwear Market Revenues & Volume, By Online, 2021-2031F |
6.3.3 Latvia Sports Footwear Market Revenues & Volume, By Offline, 2021-2031F |
7 Latvia Sports Footwear Market Import-Export Trade Statistics |
7.1 Latvia Sports Footwear Market Export to Major Countries |
7.2 Latvia Sports Footwear Market Imports from Major Countries |
8 Latvia Sports Footwear Market Key Performance Indicators |
8.1 Average selling price of sports footwear in Latvia |
8.2 Number of sports and fitness events organized in Latvia annually |
8.3 Percentage of online sales in the sports footwear market in Latvia |
9 Latvia Sports Footwear Market - Opportunity Assessment |
9.1 Latvia Sports Footwear Market Opportunity Assessment, By Gender, 2021 & 2031F |
9.2 Latvia Sports Footwear Market Opportunity Assessment, By End-User, 2021 & 2031F |
9.3 Latvia Sports Footwear Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Sports Footwear Market - Competitive Landscape |
10.1 Latvia Sports Footwear Market Revenue Share, By Companies, 2024 |
10.2 Latvia Sports Footwear Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |