| Product Code: ETC7923111 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia`s textile binders import market continued to showcase high concentration levels, with top exporters including Estonia, Poland, Lithuania, Germany, and Sweden. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 remained strong at 8.98%. This indicates a steady demand for textile binders in Latvia, with neighboring countries playing a significant role in supplying the market. Monitoring fluctuations in growth rates and concentrations will be crucial for businesses operating in this sector.

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 Binders Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Textile Binders Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Textile Binders Market - Industry Life Cycle |
3.4 Latvia Textile Binders Market - Porter's Five Forces |
3.5 Latvia Textile Binders Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Textile Binders Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Textile Binders Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable textile binders |
4.2.2 Growth in the textile industry in Latvia |
4.2.3 Innovation in textile binder technology |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices |
4.3.2 Intense competition from substitutes |
4.3.3 Stringent environmental regulations impacting production costs |
5 Latvia Textile Binders Market Trends |
6 Latvia Textile Binders Market, By Types |
6.1 Latvia Textile Binders Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Textile Binders Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Textile Binders Market Revenues & Volume, By Acrylic Copolymer, 2021- 2031F |
6.1.4 Latvia Textile Binders Market Revenues & Volume, By Polyvinyl Acetate, 2021- 2031F |
6.1.5 Latvia Textile Binders Market Revenues & Volume, By Vinyl-Acrylate/Acrylic, 2021- 2031F |
6.1.6 Latvia Textile Binders Market Revenues & Volume, By Styrene-Acrylate, 2021- 2031F |
6.2 Latvia Textile Binders Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Textile Binders Market Revenues & Volume, By Fabric Coating & Printing, 2021- 2031F |
6.2.3 Latvia Textile Binders Market Revenues & Volume, By Flocking, 2021- 2031F |
6.2.4 Latvia Textile Binders Market Revenues & Volume, By Discharge Printing, 2021- 2031F |
6.2.5 Latvia Textile Binders Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Textile Binders Market Import-Export Trade Statistics |
7.1 Latvia Textile Binders Market Export to Major Countries |
7.2 Latvia Textile Binders Market Imports from Major Countries |
8 Latvia Textile Binders Market Key Performance Indicators |
8.1 Percentage of textile binders meeting eco-friendly standards |
8.2 Adoption rate of innovative textile binder technologies |
8.3 Percentage of textile manufacturers using sustainable practices |
9 Latvia Textile Binders Market - Opportunity Assessment |
9.1 Latvia Textile Binders Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Textile Binders Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Textile Binders Market - Competitive Landscape |
10.1 Latvia Textile Binders Market Revenue Share, By Companies, 2024 |
10.2 Latvia Textile Binders 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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