| Product Code: ETC5077196 | 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 saw a steady increase in gloves imports in 2024 with a Compound Annual Growth Rate (CAGR) of 4.41% from 2020 to 2024. The top exporting countries to Latvia for gloves were Estonia, China, Germany, Lithuania, and Poland. Despite the growth, the Herfindahl-Hirschman Index (HHI) indicated low market concentration in 2024. The impressive growth rate of 12.52% from 2023 to 2024 suggests a promising outlook for the gloves import market in Latvia.

Latvia's Gloves market is anticipated to experience a growing growth rate of 5.02% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

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 Gloves Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Gloves Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Gloves Market - Industry Life Cycle |
3.4 Latvia Gloves Market - Porter's Five Forces |
3.5 Latvia Gloves Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Latvia Gloves Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Latvia Gloves Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about personal hygiene and safety |
4.2.2 Growing demand for gloves in healthcare and food industry |
4.2.3 Technological advancements leading to innovative glove products |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from domestic and international glove manufacturers |
4.3.3 Stringent regulations and standards for glove manufacturing and distribution |
5 Latvia Gloves Market Trends |
6 Latvia Gloves Market Segmentations |
6.1 Latvia Gloves Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Latvia Gloves Market Revenues & Volume, By Disposable Gloves, 2021-2031F |
6.1.3 Latvia Gloves Market Revenues & Volume, By Reusable Gloves, 2021-2031F |
6.2 Latvia Gloves Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Latvia Gloves Market Revenues & Volume, By Industrial Users, 2021-2031F |
6.2.3 Latvia Gloves Market Revenues & Volume, By Commercial Users, 2021-2031F |
6.2.4 Latvia Gloves Market Revenues & Volume, By Individual Users, 2021-2031F |
7 Latvia Gloves Market Import-Export Trade Statistics |
7.1 Latvia Gloves Market Export to Major Countries |
7.2 Latvia Gloves Market Imports from Major Countries |
8 Latvia Gloves Market Key Performance Indicators |
8.1 Number of new product launches in the latex gloves segment |
8.2 Percentage of revenue from the healthcare sector |
8.3 Investment in research and development for glove innovations |
8.4 Average production cost per unit of gloves |
8.5 Compliance rate with industry standards and regulations |
9 Latvia Gloves Market - Opportunity Assessment |
9.1 Latvia Gloves Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Latvia Gloves Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Latvia Gloves Market - Competitive Landscape |
10.1 Latvia Gloves Market Revenue Share, By Companies, 2024 |
10.2 Latvia Gloves 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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