The Latvian market for T-shirts made from materials other than cotton exhibited gradual growth over the past decade. In 2023, the market reached a value of 15.823 million USD. Year-on-year changes display a slowing growth trend, particularly over the last two years, with increments of 0.79% in 2022 and 0.76% in 2023. The past five years recorded a CAGR of 0.58%, indicating modest annual growth. Initially, the market experienced notable growth, particularly in 2016 with a rise of 13.33%.
Future trends to watch for:
- Diversification in fabric materials, as sustainable and functional textiles gain traction.
- Increased consumer preference for eco-friendly alternatives and advanced textile technology.
- Market competitiveness growing through regional innovations and global fashion influences.
How does Latvia rank in T-Shirts Made of Materials Except Cotton Market Size Value?
| # | 29 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 14,760,000,000 | 2023 | +2.24% | +2.85% | View data |
| 2 | 2 Japan | 5,736,600,000 | 2023 | -0.8% | -1.3% | View data |
| 3 | 3 Germany | 5,315,500,000 | 2023 | +1.36% | +1.72% | View data |
| 4 | 4 France | 3,742,100,000 | 2023 | +1.33% | +1.52% | View data |
| 5 | 5 United Kingdom | 3,668,300,000 | 2023 | +0.86% | +1.29% | View data |
| 25 | 25 Lithuania | 24,014,000 | 2023 | +2.14% | +2.22% | View data |
| 26 | 26 Botswana | 18,100,000 | 2023 | +1.32% | +1.43% | View data |
| 27 | 27 Latvia | 15,823,000 | 2023 | +0.76% | +0.58% | |
| 28 | 28 Bosnia and Herzegovina | 13,312,000 | 2023 | -1.83% | -2.24% | View data |
| 29 | 29 Kyrgyzstan | 5,210,500 | 2023 | +3.46% | +2.52% | View data |
