The Latvian market for Women's or Girls' Briefs and Panties of Knitted or Crocheted Textiles experienced fluctuations between 2013 and 2023. By 2023, the market volume stood at 1.8069 million, indicating a decrease over the previous years. From 2013 to 2020, the market initially saw a decline, but it rebounded momentarily in 2020 with a 5.13% growth, soon followed by a consistent descent from 2021 onward. The compound annual growth rate (CAGR) over the past five years reveals an average annual decrease of 0.45%, indicating a steady, albeit slight, market contraction.

Future trends to watch for in this market include:

Changing consumer preferences towards sustainable and eco-friendly textile options.
Potential economic recovery effects post-2023 that might spur increased consumer spending.
Impact of digitalization and e-commerce growth in reshaping product reach and sales.