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

Name: Latvia Textile Market (2025-2031) | Share & Outlook Growth
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Textile Market, Latvia Textile Market, Latvia Textile Market Revenues, Latvia Textile Market Share, Latvia Textile Market Size, Latvia Textile Market Outlook, Latvia Textile Market Report, Latvia Textile Market Competition, Latvia Textile Market Overview, Latvia Textile Market Trends, Latvia Textile Market Forecast

Market Forecast By Raw Material Types (Cotton, Chemical, Wool, Silk, Others), By Product Types (Natural Fibers, Polyesters, Nylon, Others), By Applications (Household, Technical, Fashion & Clothing, Others) And Competitive Landscape

Product Code: ETC5372988	Publication Date: Nov 2023	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Ravi Bhandari	No. of Pages: 60	No. of Figures: 30	No. of Tables: 5

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

In 2024, Latvia`s textile import market continued to show moderate concentration, with top exporters being China, USA, Poland, Estonia, and Metropolitan France. Despite a slight decline in the Compound Annual Growth Rate (CAGR) from 2020-24 at -0.97%, the market experienced a more significant decrease in growth rate from 2023-24 at -5.23%. This data suggests a challenging landscape for the textile import sector in Latvia, potentially influenced by various market dynamics and external factors impacting trade relationships with these key exporting countries.

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

Key Highlights of the Report:

Latvia Textile Market Outlook
Market Size of Latvia Textile Market, 2024
Forecast of Latvia Textile Market, 2031
Historical Data and Forecast of Latvia Textile Revenues & Volume for the Period 2021-2031
Latvia Textile Market Trend Evolution
Latvia Textile Market Drivers and Challenges
Latvia Textile Price Trends
Latvia Textile Porter`s Five Forces
Latvia Textile Industry Life Cycle
Historical Data and Forecast of Latvia Textile Market Revenues & Volume By Raw Material Types for the Period 2021-2031
Historical Data and Forecast of Latvia Textile Market Revenues & Volume By Cotton for the Period 2021-2031
Historical Data and Forecast of Latvia Textile Market Revenues & Volume By Chemical for the Period 2021-2031
Historical Data and Forecast of Latvia Textile Market Revenues & Volume By Wool for the Period 2021-2031
Historical Data and Forecast of Latvia Textile Market Revenues & Volume By Silk for the Period 2021-2031
Historical Data and Forecast of Latvia Textile Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Latvia Textile Market Revenues & Volume By Product Types for the Period 2021-2031
Historical Data and Forecast of Latvia Textile Market Revenues & Volume By Natural Fibers for the Period 2021-2031
Historical Data and Forecast of Latvia Textile Market Revenues & Volume By Polyesters for the Period 2021-2031
Historical Data and Forecast of Latvia Textile Market Revenues & Volume By Nylon for the Period 2021-2031
Historical Data and Forecast of Latvia Textile Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Latvia Textile Market Revenues & Volume By Applications for the Period 2021-2031
Historical Data and Forecast of Latvia Textile Market Revenues & Volume By Household for the Period 2021-2031
Historical Data and Forecast of Latvia Textile Market Revenues & Volume By Technical for the Period 2021-2031
Historical Data and Forecast of Latvia Textile Market Revenues & Volume By Fashion & Clothing for the Period 2021-2031
Historical Data and Forecast of Latvia Textile Market Revenues & Volume By Others for the Period 2021-2031
Latvia Textile Import Export Trade Statistics
Market Opportunity Assessment By Raw Material Types
Market Opportunity Assessment By Product Types
Market Opportunity Assessment By Applications
Latvia Textile Top Companies Market Share
Latvia Textile Competitive Benchmarking By Technical and Operational Parameters
Latvia Textile Company Profiles
Latvia Textile Key Strategic Recommendations

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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 Market Overview

3.1 Latvia Country Macro Economic Indicators

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

3.3 Latvia Textile Market - Industry Life Cycle

3.4 Latvia Textile Market - Porter's Five Forces

3.5 Latvia Textile Market Revenues & Volume Share, By Raw Material Types, 2021 & 2031F

3.6 Latvia Textile Market Revenues & Volume Share, By Product Types, 2021 & 2031F

3.7 Latvia Textile Market Revenues & Volume Share, By Applications, 2021 & 2031F

4 Latvia Textile Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing demand for sustainable and eco-friendly textiles

4.2.2 Increasing disposable income leading to higher consumer spending on clothing and textiles

4.2.3 Favorable government policies supporting textile industry growth

4.3 Market Restraints

4.3.1 Fluctuating raw material prices impacting production costs

4.3.2 Intense competition from global textile manufacturers

4.3.3 Volatility in consumer preferences and fashion trends

5 Latvia Textile Market Trends

6 Latvia Textile Market Segmentations

6.1 Latvia Textile Market, By Raw Material Types

6.1.1 Overview and Analysis

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

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

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

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

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

6.2 Latvia Textile Market, By Product Types

6.2.1 Overview and Analysis

6.2.2 Latvia Textile Market Revenues & Volume, By Natural Fibers, 2021-2031F

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

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

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

6.3 Latvia Textile Market, By Applications

6.3.1 Overview and Analysis

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

6.3.3 Latvia Textile Market Revenues & Volume, By Technical, 2021-2031F

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

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

7 Latvia Textile Market Import-Export Trade Statistics

7.1 Latvia Textile Market Export to Major Countries

7.2 Latvia Textile Market Imports from Major Countries

8 Latvia Textile Market Key Performance Indicators

8.1 Percentage of revenue from sustainable textile products

8.2 Average spending per capita on textiles in Latvia

8.3 Number of government initiatives supporting the textile industry

8.4 Raw material cost index

8.5 Customer satisfaction index for Latvian textile products

9 Latvia Textile Market - Opportunity Assessment

9.1 Latvia Textile Market Opportunity Assessment, By Raw Material Types, 2021 & 2031F

9.2 Latvia Textile Market Opportunity Assessment, By Product Types, 2021 & 2031F

9.3 Latvia Textile Market Opportunity Assessment, By Applications, 2021 & 2031F

10 Latvia Textile Market - Competitive Landscape

10.1 Latvia Textile Market Revenue Share, By Companies, 2024

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

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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