| Product Code: ETC4794571 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s wallet import market saw significant growth in 2024, with Italy, Germany, Poland, Lithuania, and Spain emerging as top exporting countries. The market concentration shifted from low to moderate, indicating increased competition. The impressive CAGR of 22.83% from 2020 to 2024 highlights the growing demand for wallets in Latvia. Moreover, the growth rate of 9.83% from 2023 to 2024 suggests a positive trajectory for the industry. This data signifies the evolving landscape of wallet imports in Latvia and presents opportunities for market players to capitalize on the expanding market.

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 Wallet Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Wallet Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Wallet Market - Industry Life Cycle |
3.4 Latvia Wallet Market - Porter's Five Forces |
3.5 Latvia Wallet Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Wallet Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Latvia Wallet Market Revenues & Volume Share, By Gender, 2021 & 2031F |
3.8 Latvia Wallet Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Wallet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of digital payment methods in Latvia |
4.2.2 Growing smartphone penetration and usage for financial transactions |
4.2.3 Government initiatives to promote cashless transactions |
4.3 Market Restraints |
4.3.1 Concerns regarding data security and privacy issues |
4.3.2 Limited merchant acceptance of digital wallets in Latvia |
4.3.3 Slow pace of technological infrastructure development |
5 Latvia Wallet Market Trends |
6 Latvia Wallet Market Segmentations |
6.1 Latvia Wallet Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Wallet Market Revenues & Volume, By Short Wallet, 2021-2031F |
6.1.3 Latvia Wallet Market Revenues & Volume, By Long Wallet, 2021-2031F |
6.2 Latvia Wallet Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Latvia Wallet Market Revenues & Volume, By Leather, 2021-2031F |
6.2.3 Latvia Wallet Market Revenues & Volume, By Fabric, 2021-2031F |
6.3 Latvia Wallet Market, By Gender |
6.3.1 Overview and Analysis |
6.3.2 Latvia Wallet Market Revenues & Volume, By Men, 2021-2031F |
6.3.3 Latvia Wallet Market Revenues & Volume, By Women, 2021-2031F |
6.3.4 Latvia Wallet Market Revenues & Volume, By Kids, 2021-2031F |
6.4 Latvia Wallet Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Latvia Wallet Market Revenues & Volume, By Online, 2021-2031F |
6.4.3 Latvia Wallet Market Revenues & Volume, By Offline, 2021-2031F |
7 Latvia Wallet Market Import-Export Trade Statistics |
7.1 Latvia Wallet Market Export to Major Countries |
7.2 Latvia Wallet Market Imports from Major Countries |
8 Latvia Wallet Market Key Performance Indicators |
8.1 Number of active users of digital wallets in Latvia |
8.2 Percentage of transactions made through digital wallets compared to total transactions |
8.3 Average transaction value through digital wallets in Latvia |
9 Latvia Wallet Market - Opportunity Assessment |
9.1 Latvia Wallet Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Wallet Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Latvia Wallet Market Opportunity Assessment, By Gender, 2021 & 2031F |
9.4 Latvia Wallet Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Wallet Market - Competitive Landscape |
10.1 Latvia Wallet Market Revenue Share, By Companies, 2024 |
10.2 Latvia Wallet Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |