The Latvian market for women's or girls' blouses, shirts, and shirt-blouses of knitted or crocheted textiles has experienced a consistent decline in volume from 2013 to 2023, reaching 376.98 thousand units in 2023. Over the last five years, the market saw an average annual contraction (CAGR) of 3.37%. Year-on-year variations show consistent negative growth, with modest declines in recent years, decreasing by 2.62% from 2022 to 2023.
Future trends to watch for include potential market stabilization or reversal sparked by innovations in sustainable textiles, shifts in consumer preferences towards comfort and durability, and increased focus on digital retail channels which could breathe new life into the market.
