Latvia Textiles Market (2025-2031) | Drivers, Pricing Analysis, Demand, Analysis, Size, Opportunities, Trends, Growth, Value, Share, Investment Trends, Strategy, Industry, Companies, Supply, Outlook, Strategic Insights, Competition, Challenges, Segments, Restraints, Revenue, Competitive, Consumer Insights, Segmentation, Forecast

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

Market Forecast By Fabric Type (Natural Textiles, Synthetic Textiles, Blended Textiles), By Application (Apparel, Home Furnishing, Industrial Applications), By Manufacturing Process (Weaving, Knitting, NonWoven), By Material Type (Cotton, Polyester, Nylon), By End User (Fashion Industry, Home Dcor, Medical Industry) And Competitive Landscape

Product Code: ETC10925365	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

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

Latvia`s textiles import market saw a shift in concentration in 2024, with top exporters being China, Poland, South Korea, Germany, and Hong Kong. The high Herfindahl-Hirschman Index (HHI) in 2023 increased to signify high concentration in 2024. The market experienced a significant decline with a compound annual growth rate (CAGR) of -11.61% from 2020 to 2024. Furthermore, the growth rate from 2023 to 2024 was -20.37%, indicating a challenging year for textiles import shipments in Latvia. Stakeholders should closely monitor these trends for strategic decision-making.

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

Key Highlights of the Report:

Latvia Textiles Market Outlook
Market Size of Latvia Textiles Market,2024
Forecast of Latvia Textiles Market, 2031
Historical Data and Forecast of Latvia Textiles Revenues & Volume for the Period 2021-2031
Latvia Textiles Market Trend Evolution
Latvia Textiles Market Drivers and Challenges
Latvia Textiles Price Trends
Latvia Textiles Porter's Five Forces
Latvia Textiles Industry Life Cycle
Historical Data and Forecast of Latvia Textiles Market Revenues & Volume By Fabric Type for the Period 2021-2031
Historical Data and Forecast of Latvia Textiles Market Revenues & Volume By Natural Textiles for the Period 2021-2031
Historical Data and Forecast of Latvia Textiles Market Revenues & Volume By Synthetic Textiles for the Period 2021-2031
Historical Data and Forecast of Latvia Textiles Market Revenues & Volume By Blended Textiles for the Period 2021-2031
Historical Data and Forecast of Latvia Textiles Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of Latvia Textiles Market Revenues & Volume By Apparel for the Period 2021-2031
Historical Data and Forecast of Latvia Textiles Market Revenues & Volume By Home Furnishing for the Period 2021-2031
Historical Data and Forecast of Latvia Textiles Market Revenues & Volume By Industrial Applications for the Period 2021-2031
Historical Data and Forecast of Latvia Textiles Market Revenues & Volume By Manufacturing Process for the Period 2021-2031
Historical Data and Forecast of Latvia Textiles Market Revenues & Volume By Weaving for the Period 2021-2031
Historical Data and Forecast of Latvia Textiles Market Revenues & Volume By Knitting for the Period 2021-2031
Historical Data and Forecast of Latvia Textiles Market Revenues & Volume By NonWoven for the Period 2021-2031
Historical Data and Forecast of Latvia Textiles Market Revenues & Volume By Material Type for the Period 2021-2031
Historical Data and Forecast of Latvia Textiles Market Revenues & Volume By Cotton for the Period 2021-2031
Historical Data and Forecast of Latvia Textiles Market Revenues & Volume By Polyester for the Period 2021-2031
Historical Data and Forecast of Latvia Textiles Market Revenues & Volume By Nylon for the Period 2021-2031
Historical Data and Forecast of Latvia Textiles Market Revenues & Volume By End User for the Period 2021-2031
Historical Data and Forecast of Latvia Textiles Market Revenues & Volume By Fashion Industry for the Period 2021-2031
Historical Data and Forecast of Latvia Textiles Market Revenues & Volume By Home Dcor for the Period 2021-2031
Historical Data and Forecast of Latvia Textiles Market Revenues & Volume By Medical Industry for the Period 2021-2031
Latvia Textiles Import Export Trade Statistics
Market Opportunity Assessment By Fabric Type
Market Opportunity Assessment By Application
Market Opportunity Assessment By Manufacturing Process
Market Opportunity Assessment By Material Type
Market Opportunity Assessment By End User
Latvia Textiles Top Companies Market Share
Latvia Textiles Competitive Benchmarking By Technical and Operational Parameters
Latvia Textiles Company Profiles
Latvia Textiles 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 Textiles Market Overview

3.1 Latvia Country Macro Economic Indicators

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

3.3 Latvia Textiles Market - Industry Life Cycle

3.4 Latvia Textiles Market - Porter's Five Forces

3.5 Latvia Textiles Market Revenues & Volume Share, By Fabric Type, 2021 & 2031F

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

3.7 Latvia Textiles Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F

3.8 Latvia Textiles Market Revenues & Volume Share, By Material Type, 2021 & 2031F

3.9 Latvia Textiles Market Revenues & Volume Share, By End User, 2021 & 2031F

4 Latvia Textiles 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 focus on quality and craftsmanship in textile products

4.2.3 Favorable government policies and initiatives supporting the textile industry

4.3 Market Restraints

4.3.1 Fluctuating raw material prices impacting production costs

4.3.2 Intense competition from international textile manufacturers

4.3.3 Challenges in adopting advanced technologies and automation due to high initial investment costs

5 Latvia Textiles Market Trends

6 Latvia Textiles Market, By Types

6.1 Latvia Textiles Market, By Fabric Type

6.1.1 Overview and Analysis

6.1.2 Latvia Textiles Market Revenues & Volume, By Fabric Type, 2021 - 2031F

6.1.3 Latvia Textiles Market Revenues & Volume, By Natural Textiles, 2021 - 2031F

6.1.4 Latvia Textiles Market Revenues & Volume, By Synthetic Textiles, 2021 - 2031F

6.1.5 Latvia Textiles Market Revenues & Volume, By Blended Textiles, 2021 - 2031F

6.2 Latvia Textiles Market, By Application

6.2.1 Overview and Analysis

6.2.2 Latvia Textiles Market Revenues & Volume, By Apparel, 2021 - 2031F

6.2.3 Latvia Textiles Market Revenues & Volume, By Home Furnishing, 2021 - 2031F

6.2.4 Latvia Textiles Market Revenues & Volume, By Industrial Applications, 2021 - 2031F

6.3 Latvia Textiles Market, By Manufacturing Process

6.3.1 Overview and Analysis

6.3.2 Latvia Textiles Market Revenues & Volume, By Weaving, 2021 - 2031F

6.3.3 Latvia Textiles Market Revenues & Volume, By Knitting, 2021 - 2031F

6.3.4 Latvia Textiles Market Revenues & Volume, By NonWoven, 2021 - 2031F

6.4 Latvia Textiles Market, By Material Type

6.4.1 Overview and Analysis

6.4.2 Latvia Textiles Market Revenues & Volume, By Cotton, 2021 - 2031F

6.4.3 Latvia Textiles Market Revenues & Volume, By Polyester, 2021 - 2031F

6.4.4 Latvia Textiles Market Revenues & Volume, By Nylon, 2021 - 2031F

6.5 Latvia Textiles Market, By End User

6.5.1 Overview and Analysis

6.5.2 Latvia Textiles Market Revenues & Volume, By Fashion Industry, 2021 - 2031F

6.5.3 Latvia Textiles Market Revenues & Volume, By Home Dƒ cor, 2021 - 2031F

6.5.4 Latvia Textiles Market Revenues & Volume, By Medical Industry, 2021 - 2031F

7 Latvia Textiles Market Import-Export Trade Statistics

7.1 Latvia Textiles Market Export to Major Countries

7.2 Latvia Textiles Market Imports from Major Countries

8 Latvia Textiles Market Key Performance Indicators

8.1 Percentage of revenue generated from sustainable textile products

8.2 Number of new partnerships or collaborations with designers or fashion brands

8.3 Rate of adoption of innovative manufacturing processes and technologies

9 Latvia Textiles Market - Opportunity Assessment

9.1 Latvia Textiles Market Opportunity Assessment, By Fabric Type, 2021 & 2031F

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

9.3 Latvia Textiles Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F

9.4 Latvia Textiles Market Opportunity Assessment, By Material Type, 2021 & 2031F

9.5 Latvia Textiles Market Opportunity Assessment, By End User, 2021 & 2031F

10 Latvia Textiles Market - Competitive Landscape

10.1 Latvia Textiles Market Revenue Share, By Companies, 2024

10.2 Latvia Textiles 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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