| Product Code: ETC5090230 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Despite a slight decline in growth rate from 2023 to 2024, Latvia`s aluminum cans import market continued to exhibit strong concentration with top exporters being Denmark, Czechia, Germany, Netherlands, and Sweden. The high Herfindahl-Hirschman Index (HHI) indicates significant market dominance by these countries. With an impressive compound annual growth rate (CAGR) of 34.07% from 2020 to 2024, the aluminum can import market in Latvia shows promising opportunities for both suppliers and local businesses.

By 2027, the Aluminum Cans market in Latvia is anticipated to reach a growth rate of 4.34%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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 Aluminum Cans Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Aluminum Cans Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Aluminum Cans Market - Industry Life Cycle |
3.4 Latvia Aluminum Cans Market - Porter's Five Forces |
3.5 Latvia Aluminum Cans Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Aluminum Cans Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.7 Latvia Aluminum Cans Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Latvia Aluminum Cans Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing environmental awareness leading to increased demand for sustainable packaging solutions. |
4.2.2 Rising consumption of beverages, particularly in the on-the-go segment. |
4.2.3 Government initiatives promoting recycling and reducing carbon footprint. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs. |
4.3.2 Competition from alternative packaging materials like PET bottles and Tetra Pak. |
4.3.3 Regulatory challenges related to waste management and recycling targets. |
5 Latvia Aluminum Cans Market Trends |
6 Latvia Aluminum Cans Market Segmentations |
6.1 Latvia Aluminum Cans Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Aluminum Cans Market Revenues & Volume, By 1-piece Cans, 2021-2031F |
6.1.3 Latvia Aluminum Cans Market Revenues & Volume, By 2-piece Cans, 2021-2031F |
6.1.4 Latvia Aluminum Cans Market Revenues & Volume, By 3-piece Cans, 2021-2031F |
6.2 Latvia Aluminum Cans Market, By Capacity |
6.2.1 Overview and Analysis |
6.2.2 Latvia Aluminum Cans Market Revenues & Volume, By Up to 200ml, 2021-2031F |
6.2.3 Latvia Aluminum Cans Market Revenues & Volume, By 201-450ml, 2021-2031F |
6.2.4 Latvia Aluminum Cans Market Revenues & Volume, By 451-700ml, 2021-2031F |
6.2.5 Latvia Aluminum Cans Market Revenues & Volume, By 701-1000ml, 2021-2031F |
6.2.6 Latvia Aluminum Cans Market Revenues & Volume, By More than 1000ml, 2021-2031F |
6.3 Latvia Aluminum Cans Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 Latvia Aluminum Cans Market Revenues & Volume, By Food, 2021-2031F |
6.3.3 Latvia Aluminum Cans Market Revenues & Volume, By Beverages, 2021-2031F |
6.3.4 Latvia Aluminum Cans Market Revenues & Volume, By Personal Care & Cosmetics, 2021-2031F |
6.3.5 Latvia Aluminum Cans Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.6 Latvia Aluminum Cans Market Revenues & Volume, By Paints & Lubricants, 2021-2031F |
7 Latvia Aluminum Cans Market Import-Export Trade Statistics |
7.1 Latvia Aluminum Cans Market Export to Major Countries |
7.2 Latvia Aluminum Cans Market Imports from Major Countries |
8 Latvia Aluminum Cans Market Key Performance Indicators |
8.1 Percentage increase in the recycling rate of aluminum cans. |
8.2 Adoption rate of aluminum cans by beverage companies. |
8.3 Number of government policies supporting the use of sustainable packaging materials. |
8.4 Average energy consumption per unit in aluminum can production. |
8.5 Consumer perception and acceptance of aluminum cans as a sustainable packaging option. |
9 Latvia Aluminum Cans Market - Opportunity Assessment |
9.1 Latvia Aluminum Cans Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Aluminum Cans Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.3 Latvia Aluminum Cans Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Latvia Aluminum Cans Market - Competitive Landscape |
10.1 Latvia Aluminum Cans Market Revenue Share, By Companies, 2024 |
10.2 Latvia Aluminum Cans Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |