Market Forecast By Product (Finishing Agents, Dyeing and Printing Agents, Spin Finish, Knitting and Weaving, Other Auxiliaries), By Applications (Automotive Textiles, Home Furnishing, Apparel, Digital Printing, Others) And Competitive Landscape
Product Code: ETC4715968 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The Latvia Textile Auxiliaries Market is projected to witness mixed growth rate patterns during 2025 to 2029. Commencing at 0.58% in 2025, growth builds up to 3.26% by 2029.
In the Europe region, the Textile Auxiliaries market in Latvia is projected to expand at a stable growth rate of 0.50% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.
Note: Herfindahl–Hirschman index (HHI Index) helps in measuring the competition in the nation. HHI which is lower than 1500 signifies high competitiveness, 1500-2500 shows moderate competition and 2500-6000 means concentrated and more than 6000 means highly concentrated.
Latvia Textile Auxiliaries market, in 2023, witnessed an HHI of 1832, Which has augmented moderately as compared to the HHI of 0 in 2017. This significant rise in numbers shows that the market is moving towards moderately competitive. The herfindahl index measures the competitiveness of exporting countries and the range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Note: Export potential is calculated by considering trade relations, duties, distance, tariffs, total import demand, as well as GDP growth projection from IMF World Economic Outlook
Estonia seems to be the potential market for For Latvia Exporters of Textile Auxiliaries (in 2028) in terms of export capability followed by Lithuania, the United Kingdom (UK), Sweden and Finland. Based on total import demand across all countries, the United Kingdom (UK) occupies the top position. Hence considering overall import demand, the United Kingdom (UK) leads the importing demand but considering Latvia as a partner, Estonia delivers high unmet demand potential in comparison to others for 2028.
13 Disclaimer
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 Textile Auxiliaries Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Textile Auxiliaries Market Revenues & Volume, 2020 & 2030F |
3.3 Latvia Textile Auxiliaries Market - Industry Life Cycle |
3.4 Latvia Textile Auxiliaries Market - Porter's Five Forces |
3.5 Latvia Textile Auxiliaries Market Revenues & Volume Share, By Product, 2020 & 2030F |
3.6 Latvia Textile Auxiliaries Market Revenues & Volume Share, By Applications, 2020 & 2030F |
4 Latvia Textile Auxiliaries Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for eco-friendly and sustainable textile auxiliaries |
4.2.2 Increasing focus on innovation and product development in the textile industry |
4.2.3 Favorable government policies supporting the textile sector in Latvia |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting the cost of production |
4.3.2 Intense competition from global textile auxiliaries manufacturers |
4.3.3 Regulations and compliance requirements regarding the use of certain chemicals in textile processing |
5 Latvia Textile Auxiliaries Market Trends |
6 Latvia Textile Auxiliaries Market Segmentations |
6.1 Latvia Textile Auxiliaries Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Textile Auxiliaries Market Revenues & Volume, By Finishing Agents, 2020-2030F |
6.1.3 Latvia Textile Auxiliaries Market Revenues & Volume, By Dyeing and Printing Agents, 2020-2030F |
6.1.4 Latvia Textile Auxiliaries Market Revenues & Volume, By Spin Finish, 2020-2030F |
6.1.5 Latvia Textile Auxiliaries Market Revenues & Volume, By Knitting and Weaving, 2020-2030F |
6.1.6 Latvia Textile Auxiliaries Market Revenues & Volume, By Other Auxiliaries, 2020-2030F |
6.2 Latvia Textile Auxiliaries Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Latvia Textile Auxiliaries Market Revenues & Volume, By Automotive Textiles, 2020-2030F |
6.2.3 Latvia Textile Auxiliaries Market Revenues & Volume, By Home Furnishing, 2020-2030F |
6.2.4 Latvia Textile Auxiliaries Market Revenues & Volume, By Apparel, 2020-2030F |
6.2.5 Latvia Textile Auxiliaries Market Revenues & Volume, By Digital Printing, 2020-2030F |
6.2.6 Latvia Textile Auxiliaries Market Revenues & Volume, By Others, 2020-2030F |
7 Latvia Textile Auxiliaries Market Import-Export Trade Statistics |
7.1 Latvia Textile Auxiliaries Market Export to Major Countries |
7.2 Latvia Textile Auxiliaries Market Imports from Major Countries |
8 Latvia Textile Auxiliaries Market Key Performance Indicators |
8.1 Percentage of revenue from new eco-friendly product lines |
8.2 Research and development expenditure as a percentage of total revenue |
8.3 Number of government initiatives supporting the textile industry in Latvia |
8.4 Customer satisfaction index for textile auxiliaries |
8.5 Percentage of market share in specific textile segments (excluding overall market share) |
9 Latvia Textile Auxiliaries Market - Opportunity Assessment |
9.1 Latvia Textile Auxiliaries Market Opportunity Assessment, By Product, 2020 & 2030F |
9.2 Latvia Textile Auxiliaries Market Opportunity Assessment, By Applications, 2020 & 2030F |
10 Latvia Textile Auxiliaries Market - Competitive Landscape |
10.1 Latvia Textile Auxiliaries Market Revenue Share, By Companies, 2023 |
10.2 Latvia Textile Auxiliaries Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |