| Product Code: ETC10903861 | 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 | |
In 2024, Latvia experienced a shift in the concentration of technical textiles imports with a move from low to moderate concentration. The top countries exporting to Latvia, including Poland, China, Estonia, Lithuania, and Denmark, continue to play a significant role in shaping the market dynamics. Despite a challenging CAGR of -5.81% from 2020 to 2024 and a steep growth rate decline of -22.24% from 2023 to 2024, these import trends highlight the evolving landscape of the technical textiles industry in Latvia. Stakeholders should closely monitor these developments for strategic planning and decision-making.

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 Technical Textiles Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Technical Textiles Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Technical Textiles Market - Industry Life Cycle |
3.4 Latvia Technical Textiles Market - Porter's Five Forces |
3.5 Latvia Technical Textiles Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Technical Textiles Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Technical Textiles Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.8 Latvia Technical Textiles Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.9 Latvia Technical Textiles Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Latvia Technical Textiles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for technical textiles in various industries such as automotive, healthcare, and construction. |
4.2.2 Growing focus on sustainability and environmentally friendly materials in the textile industry. |
4.2.3 Government initiatives and investments to promote the use of technical textiles in Latvia. |
4.3 Market Restraints |
4.3.1 High initial investment costs in setting up technical textile manufacturing facilities. |
4.3.2 Fluctuating raw material prices impacting the production costs. |
4.3.3 Competition from imported technical textiles affecting the domestic market. |
5 Latvia Technical Textiles Market Trends |
6 Latvia Technical Textiles Market, By Types |
6.1 Latvia Technical Textiles Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Technical Textiles Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Latvia Technical Textiles Market Revenues & Volume, By Woven Textiles, 2021 - 2031F |
6.1.4 Latvia Technical Textiles Market Revenues & Volume, By NonWoven Textiles, 2021 - 2031F |
6.1.5 Latvia Technical Textiles Market Revenues & Volume, By Knitted Textiles, 2021 - 2031F |
6.2 Latvia Technical Textiles Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Technical Textiles Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.2.3 Latvia Technical Textiles Market Revenues & Volume, By Medical, 2021 - 2031F |
6.2.4 Latvia Technical Textiles Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3 Latvia Technical Textiles Market, By Function |
6.3.1 Overview and Analysis |
6.3.2 Latvia Technical Textiles Market Revenues & Volume, By Durability, 2021 - 2031F |
6.3.3 Latvia Technical Textiles Market Revenues & Volume, By Protection, 2021 - 2031F |
6.3.4 Latvia Technical Textiles Market Revenues & Volume, By Flexibility, 2021 - 2031F |
6.4 Latvia Technical Textiles Market, By Material |
6.4.1 Overview and Analysis |
6.4.2 Latvia Technical Textiles Market Revenues & Volume, By Carbon Fiber, 2021 - 2031F |
6.4.3 Latvia Technical Textiles Market Revenues & Volume, By Polyester, 2021 - 2031F |
6.4.4 Latvia Technical Textiles Market Revenues & Volume, By Aramid, 2021 - 2031F |
6.5 Latvia Technical Textiles Market, By End Use |
6.5.1 Overview and Analysis |
6.5.2 Latvia Technical Textiles Market Revenues & Volume, By Aerospace, 2021 - 2031F |
6.5.3 Latvia Technical Textiles Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.5.4 Latvia Technical Textiles Market Revenues & Volume, By Defense, 2021 - 2031F |
7 Latvia Technical Textiles Market Import-Export Trade Statistics |
7.1 Latvia Technical Textiles Market Export to Major Countries |
7.2 Latvia Technical Textiles Market Imports from Major Countries |
8 Latvia Technical Textiles Market Key Performance Indicators |
8.1 Research and Development (RD) investment in innovative technical textile materials. |
8.2 Adoption rate of sustainable practices in the production processes. |
8.3 Number of collaborations and partnerships with industries for the development and application of technical textiles. |
8.4 Utilization rate of production capacity in technical textile manufacturing facilities. |
8.5 Rate of adoption of technical textiles in new application areas in Latvia. |
9 Latvia Technical Textiles Market - Opportunity Assessment |
9.1 Latvia Technical Textiles Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Technical Textiles Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Technical Textiles Market Opportunity Assessment, By Function, 2021 & 2031F |
9.4 Latvia Technical Textiles Market Opportunity Assessment, By Material, 2021 & 2031F |
9.5 Latvia Technical Textiles Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Latvia Technical Textiles Market - Competitive Landscape |
10.1 Latvia Technical Textiles Market Revenue Share, By Companies, 2024 |
10.2 Latvia Technical Textiles 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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