| Product Code: ETC5816657 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s shrink plastic film import shipments in 2024 saw top exporters like China, Poland, Belgium, Germany, and Austria. The market concentration, as measured by HHI, declined from moderate to low in 2024, indicating increased competition. The industry experienced a significant negative compound annual growth rate of -27.25% from 2020 to 2024, with a further decline in growth rate of -11.64% from 2023 to 2024. These trends suggest a challenging landscape for shrink plastic film importers in Latvia, potentially driven by various factors impacting the market dynamics.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latvia Shrink Plastic Film Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Shrink Plastic Film Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Shrink Plastic Film Market - Industry Life Cycle |
3.4 Latvia Shrink Plastic Film Market - Porter's Five Forces |
3.5 Latvia Shrink Plastic Film Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Shrink Plastic Film Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Shrink Plastic Film Market Revenues & Volume Share, By Container Type, 2021 & 2031F |
4 Latvia Shrink Plastic Film Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable packaging solutions |
4.2.2 Growth in the food and beverage industry, driving the need for packaging solutions |
4.2.3 Technological advancements in shrink plastic film manufacturing processes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Regulatory challenges related to environmental concerns and recycling |
4.3.3 Competition from alternative packaging solutions such as biodegradable films |
5 Latvia Shrink Plastic Film Market Trends |
6 Latvia Shrink Plastic Film Market Segmentations |
6.1 Latvia Shrink Plastic Film Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Shrink Plastic Film Market Revenues & Volume, By Printed, 2021-2031F |
6.1.3 Latvia Shrink Plastic Film Market Revenues & Volume, By Unprinted, 2021-2031F |
6.2 Latvia Shrink Plastic Film Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Shrink Plastic Film Market Revenues & Volume, By Alcoholic beverages, 2021-2031F |
6.2.3 Latvia Shrink Plastic Film Market Revenues & Volume, By Water, 2021-2031F |
6.2.4 Latvia Shrink Plastic Film Market Revenues & Volume, By carbonated soft drinks, 2021-2031F |
6.3 Latvia Shrink Plastic Film Market, By Container Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Shrink Plastic Film Market Revenues & Volume, By Can, 2021-2031F |
6.3.3 Latvia Shrink Plastic Film Market Revenues & Volume, By Bottle, 2021-2031F |
6.3.4 Latvia Shrink Plastic Film Market Revenues & Volume, By Brick, 2021-2031F |
7 Latvia Shrink Plastic Film Market Import-Export Trade Statistics |
7.1 Latvia Shrink Plastic Film Market Export to Major Countries |
7.2 Latvia Shrink Plastic Film Market Imports from Major Countries |
8 Latvia Shrink Plastic Film Market Key Performance Indicators |
8.1 Percentage of recycled content in shrink plastic film production |
8.2 Adoption rate of sustainable packaging practices in the Latvian market |
8.3 Investment in research and development for innovative shrink plastic film technologies |
8.4 Average energy consumption per unit of shrink plastic film produced |
8.5 Percentage of market share held by Latvian shrink plastic film manufacturers |
9 Latvia Shrink Plastic Film Market - Opportunity Assessment |
9.1 Latvia Shrink Plastic Film Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Shrink Plastic Film Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Shrink Plastic Film Market Opportunity Assessment, By Container Type, 2021 & 2031F |
10 Latvia Shrink Plastic Film Market - Competitive Landscape |
10.1 Latvia Shrink Plastic Film Market Revenue Share, By Companies, 2024 |
10.2 Latvia Shrink Plastic Film Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |