The market for women's or girls' blouses, shirts, and shirt-blouses of textile fabric not knitted or crocheted in Latvia experienced fluctuations from 2013 to 2023. The market peaked at 792.1 thousand units in 2018, followed by a decline in 2019 and 2020. However, a recovery was witnessed in 2021, with a subsequent stable growth through 2023, achieving a value of 792.91 thousand units. Notably, the year-on-year growth stood at 1.89% for 2023, and the CAGR for the last five years was marginal at 0.02%, reflecting recovery post-COVID-19 pandemic impacts.
Future trends to watch include a focus on sustainable and environmentally friendly materials, innovations in textile technology, and increasing demand for multifunctional apparel. Rising consumer preferences for ethical fashion and evolving fashion trends are likely to influence market dynamics. As the market stabilizes, these factors are expected to drive moderate growth in the coming years.
