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

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

Market Forecast By Technology (Solution Dry-Spinning, Wet-Spinning, Others), By Application (Clothing, Medical, Others) And Competitive Landscape

Product Code: ETC7922033	Publication Date: Sep 2024	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Summon Dutta	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

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

In 2024, the Latvia spandex import market continued to show high concentration, with top exporting countries being Poland, Italy, Spain, Netherlands, and Vietnam. Despite a challenging CAGR of -5.58% from 2020 to 2024, the growth rate in 2024 showed a significant decline of -19.16%. This indicates a challenging environment for the spandex import market in Latvia, with continued reliance on a select group of exporting countries. Monitoring market dynamics and exploring strategies to stimulate growth will be crucial for stakeholders in the industry.

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

Key Highlights of the Report:

Latvia Spandex Market Outlook
Market Size of Latvia Spandex Market, 2024
Forecast of Latvia Spandex Market, 2031
Historical Data and Forecast of Latvia Spandex Revenues & Volume for the Period 2021- 2031
Latvia Spandex Market Trend Evolution
Latvia Spandex Market Drivers and Challenges
Latvia Spandex Price Trends
Latvia Spandex Porter's Five Forces
Latvia Spandex Industry Life Cycle
Historical Data and Forecast of Latvia Spandex Market Revenues & Volume By Technology for the Period 2021- 2031
Historical Data and Forecast of Latvia Spandex Market Revenues & Volume By Solution Dry-Spinning for the Period 2021- 2031
Historical Data and Forecast of Latvia Spandex Market Revenues & Volume By Wet-Spinning for the Period 2021- 2031
Historical Data and Forecast of Latvia Spandex Market Revenues & Volume By Others for the Period 2021- 2031
Historical Data and Forecast of Latvia Spandex Market Revenues & Volume By Application for the Period 2021- 2031
Historical Data and Forecast of Latvia Spandex Market Revenues & Volume By Clothing for the Period 2021- 2031
Historical Data and Forecast of Latvia Spandex Market Revenues & Volume By Medical for the Period 2021- 2031
Historical Data and Forecast of Latvia Spandex Market Revenues & Volume By Others for the Period 2021- 2031
Latvia Spandex Import Export Trade Statistics
Market Opportunity Assessment By Technology
Market Opportunity Assessment By Application
Latvia Spandex Top Companies Market Share
Latvia Spandex Competitive Benchmarking By Technical and Operational Parameters
Latvia Spandex Company Profiles
Latvia Spandex 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 Spandex Market Overview

3.1 Latvia Country Macro Economic Indicators

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

3.3 Latvia Spandex Market - Industry Life Cycle

3.4 Latvia Spandex Market - Porter's Five Forces

3.5 Latvia Spandex Market Revenues & Volume Share, By Technology, 2021 & 2031F

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

4 Latvia Spandex Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing demand for comfortable and stretchable clothing in the fashion industry

4.2.2 Increasing awareness about the benefits of spandex in sportswear and activewear

4.2.3 Rising popularity of athleisure trend blending fashion with comfort and functionality

4.3 Market Restraints

4.3.1 Fluctuating raw material prices impacting production costs

4.3.2 Intense competition from alternative stretch fibers such as elastane and polyester

4.3.3 Environmental concerns related to the production and disposal of spandex products

5 Latvia Spandex Market Trends

6 Latvia Spandex Market, By Types

6.1 Latvia Spandex Market, By Technology

6.1.1 Overview and Analysis

6.1.2 Latvia Spandex Market Revenues & Volume, By Technology, 2021- 2031F

6.1.3 Latvia Spandex Market Revenues & Volume, By Solution Dry-Spinning, 2021- 2031F

6.1.4 Latvia Spandex Market Revenues & Volume, By Wet-Spinning, 2021- 2031F

6.1.5 Latvia Spandex Market Revenues & Volume, By Others, 2021- 2031F

6.2 Latvia Spandex Market, By Application

6.2.1 Overview and Analysis

6.2.2 Latvia Spandex Market Revenues & Volume, By Clothing, 2021- 2031F

6.2.3 Latvia Spandex Market Revenues & Volume, By Medical, 2021- 2031F

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

7 Latvia Spandex Market Import-Export Trade Statistics

7.1 Latvia Spandex Market Export to Major Countries

7.2 Latvia Spandex Market Imports from Major Countries

8 Latvia Spandex Market Key Performance Indicators

8.1 Percentage of spandex content in new clothing lines introduced by major fashion brands in Latvia

8.2 Number of sports and athleisure brands using spandex in their product offerings

8.3 Rate of adoption of sustainable practices in spandex production by manufacturers in Latvia

9 Latvia Spandex Market - Opportunity Assessment

9.1 Latvia Spandex Market Opportunity Assessment, By Technology, 2021 & 2031F

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

10 Latvia Spandex Market - Competitive Landscape

10.1 Latvia Spandex Market Revenue Share, By Companies, 2024

10.2 Latvia Spandex 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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