Women's or Girls' Blouses, Shirts and Shirt-Blouses of Knitted or Crocheted Textiles Market Size Volume in Latvia

The Women's or Girls' Blouses, Shirts and Shirt-Blouses of Knitted or Crocheted Textiles market in Latvia has been experiencing a consistent decline over the past decade. By 2023, the market size volume had reached 376.98 thousand units. The volume has steadily decreased from 669.3 thousand in 2013, reflecting a substantial downward trend.

Year-on-year percentage changes reveal significant drops, with sharp declines in early years, such as 17.18% in 2016, stabilizing in recent years with a 2.62% decrease in 2023. The compound annual growth rate (CAGR) over the past five years stands at -3.37%, indicating persistent contraction.

Future trends to monitor include:

  • Potential market recovery post-2023, depending on economic and fashion industry developments.
  • Influence of sustainability and eco-friendly practices on consumer purchases.
  • Potential growth opportunities driven by technological advancements in textiles and ecommerce expansion.

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