Latvia Textile Manufacturing Market (2025-2031) | Value, Segmentation, Share, Analysis, Competitive Landscape, Size & Revenue, Growth, Trends, Outlook, Companies, Industry, Forecast

Market Forecast By Type (Wool, Silk, Cotton, Others), By Application (Fashion & Clothing, Household, Others) And Competitive Landscape
Product Code: ETC7923116 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

Latvia Textile Manufacturing Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The textile manufacturing import shipments in Latvia saw a significant increase in concentration levels in 2024, with the top exporting countries being Germany, Lithuania, Italy, UK, and Estonia. The Herfindahl-Hirschman Index (HHI) indicated very high concentration, reflecting a competitive market dominated by these key players. Despite a notable decline in the Compound Annual Growth Rate (CAGR) over the period 2020-2024 at -24.28%, the growth rate in 2024 experienced an even steeper decrease at -30.58%. This data suggests a challenging landscape for Latvia`s textile manufacturing sector, potentially requiring strategic adjustments to drive future growth.

Latvia Textile Manufacturing Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Latvia Textile Manufacturing Market Outlook
  • Market Size of Latvia Textile Manufacturing Market, 2024
  • Forecast of Latvia Textile Manufacturing Market, 2031
  • Historical Data and Forecast of Latvia Textile Manufacturing Revenues & Volume for the Period 2021- 2031
  • Latvia Textile Manufacturing Market Trend Evolution
  • Latvia Textile Manufacturing Market Drivers and Challenges
  • Latvia Textile Manufacturing Price Trends
  • Latvia Textile Manufacturing Porter's Five Forces
  • Latvia Textile Manufacturing Industry Life Cycle
  • Historical Data and Forecast of Latvia Textile Manufacturing Market Revenues & Volume By Type for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Textile Manufacturing Market Revenues & Volume By Wool for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Textile Manufacturing Market Revenues & Volume By Silk for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Textile Manufacturing Market Revenues & Volume By Cotton for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Textile Manufacturing Market Revenues & Volume By Others for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Textile Manufacturing Market Revenues & Volume By Application for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Textile Manufacturing Market Revenues & Volume By Fashion & Clothing for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Textile Manufacturing Market Revenues & Volume By Household for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Textile Manufacturing Market Revenues & Volume By Others for the Period 2021- 2031
  • Latvia Textile Manufacturing Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Latvia Textile Manufacturing Top Companies Market Share
  • Latvia Textile Manufacturing Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Textile Manufacturing Company Profiles
  • Latvia Textile Manufacturing Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Manufacturing Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Textile Manufacturing Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Textile Manufacturing Market - Industry Life Cycle

3.4 Latvia Textile Manufacturing Market - Porter's Five Forces

3.5 Latvia Textile Manufacturing Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Latvia Textile Manufacturing Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Latvia Textile Manufacturing Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for sustainable and eco-friendly textiles

4.2.2 Growing trend of fast fashion and customization in the textile industry

4.2.3 Government support and incentives for the textile manufacturing sector in Latvia

4.3 Market Restraints

4.3.1 Fluctuating raw material prices impacting production costs

4.3.2 Intense competition from other global textile manufacturing hubs

4.3.3 Technological advancements leading to the need for constant innovation and investment in machinery

5 Latvia Textile Manufacturing Market Trends

6 Latvia Textile Manufacturing Market, By Types

6.1 Latvia Textile Manufacturing Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia Textile Manufacturing Market Revenues & Volume, By Type, 2021- 2031F

6.1.3 Latvia Textile Manufacturing Market Revenues & Volume, By Wool, 2021- 2031F

6.1.4 Latvia Textile Manufacturing Market Revenues & Volume, By Silk, 2021- 2031F

6.1.5 Latvia Textile Manufacturing Market Revenues & Volume, By Cotton, 2021- 2031F

6.1.6 Latvia Textile Manufacturing Market Revenues & Volume, By Others, 2021- 2031F

6.2 Latvia Textile Manufacturing Market, By Application

6.2.1 Overview and Analysis

6.2.2 Latvia Textile Manufacturing Market Revenues & Volume, By Fashion & Clothing, 2021- 2031F

6.2.3 Latvia Textile Manufacturing Market Revenues & Volume, By Household, 2021- 2031F

6.2.4 Latvia Textile Manufacturing Market Revenues & Volume, By Others, 2021- 2031F

7 Latvia Textile Manufacturing Market Import-Export Trade Statistics

7.1 Latvia Textile Manufacturing Market Export to Major Countries

7.2 Latvia Textile Manufacturing Market Imports from Major Countries

8 Latvia Textile Manufacturing Market Key Performance Indicators

8.1 Percentage of revenue derived from sustainable textile products

8.2 Rate of adoption of new manufacturing technologies in the textile industry

8.3 Number of government policies and initiatives supporting the growth of the textile manufacturing sector

9 Latvia Textile Manufacturing Market - Opportunity Assessment

9.1 Latvia Textile Manufacturing Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Latvia Textile Manufacturing Market Opportunity Assessment, By Application, 2021 & 2031F

10 Latvia Textile Manufacturing Market - Competitive Landscape

10.1 Latvia Textile Manufacturing Market Revenue Share, By Companies, 2024

10.2 Latvia Textile Manufacturing Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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