Coats & Jackets - Latvia
Latvia- In 2024, the revenue generated in the Coats & Jackets market in Latvia amounts to US$11.38m.
- It is anticipated that the market will experience an annual growth rate of 3.20% (CAGR 2024-2029).
- When compared globally, the highest revenue is generated China, amounting to US$2bn in 2024.
- On a per capita basis, the revenue generated in the Coats & Jackets market in Latvia is US$6.29 in 2024.
- Looking ahead, it is projected that the volume in the Coats & Jackets market will reach 607.6k pieces by 2029.
- Furthermore, there is an expected volume growth of 5.5% in 2025.0.
- In terms of average volume per person in the Coats & Jackets market, it is expected to be 0.3pieces in 2024.
- The demand for handcrafted wool coats in Latvia is on the rise, as consumers appreciate the country's rich textile heritage.
Definition:
The Coats & Jackets market includes outdoor apparel such as outdoor jackets, coats, and rain jackets for children; however, blazers and indoor jackets form part of the Blazer market.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit, sustainable apparel share, and sales channels. Online channel distribution refers to the purchase of physical goods in online retail. In other words, the purchase is concluded via the internet – on a desktop PC, tablet, or smartphone. The offline distribution channel covers all purchases in stationary stores made via telesales or mail orders (e.g., print catalogs).
In-Scope
- Outdoor jackets
- Coats
- Rain jackets
Out-Of-Scope
- Blazers
- Suits and ensembles
