| Product Code: ETC4777813 | 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 |
In 2024, Latvia saw a significant growth in aluminum foil imports with a CAGR of 16.32% from 2020 to 2024. Despite a slight decline in growth rate from 2023 to 2024 at -19.12%, the market remained stable with moderate concentration indicated by the HHI. Key exporting countries like Germany, Poland, Turkey, China, and Lithuania played a crucial role in supplying aluminum foil to Latvia. This data highlights the continued importance of these trading partners in meeting Latvia`s demand for aluminum foil products.

Latvia's Aluminum Foil market is anticipated to experience a stable growth rate of 3.65% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

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 Foil Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Aluminum Foil Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Aluminum Foil Market - Industry Life Cycle |
3.4 Latvia Aluminum Foil Market - Porter's Five Forces |
3.5 Latvia Aluminum Foil Market Revenues & Volume Share, By End-use, 2021 & 2031F |
3.6 Latvia Aluminum Foil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Aluminum Foil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for packaged food and beverages in Latvia, leading to higher consumption of aluminum foil for packaging purposes. |
4.2.2 Growth in the pharmaceutical industry in Latvia, driving the need for aluminum foil for packaging medicines and medical supplies. |
4.2.3 Rising awareness about the benefits of using aluminum foil for cooking, food preservation, and insulation, boosting its demand in households and restaurants. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of aluminum foil, impacting the cost of manufacturing and potentially leading to price fluctuations in the market. |
4.3.2 Environmental concerns related to the production and disposal of aluminum foil, leading to potential regulations or consumer backlash against its usage. |
5 Latvia Aluminum Foil Market Trends |
6 Latvia Aluminum Foil Market Segmentations |
6.1 Latvia Aluminum Foil Market, By End-use |
6.1.1 Overview and Analysis |
6.1.2 Latvia Aluminum Foil Market Revenues & Volume, By Packaging, 2021-2031F |
6.1.3 Latvia Aluminum Foil Market Revenues & Volume, By Industrial, 2021-2031F |
6.2 Latvia Aluminum Foil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Aluminum Foil Market Revenues & Volume, By Wrapper foils, 2021-2031F |
6.2.3 Latvia Aluminum Foil Market Revenues & Volume, By Container foils, 2021-2031F |
6.2.4 Latvia Aluminum Foil Market Revenues & Volume, By Foil lids, 2021-2031F |
6.2.5 Latvia Aluminum Foil Market Revenues & Volume, By Pouches, 2021-2031F |
6.2.6 Latvia Aluminum Foil Market Revenues & Volume, By Blister Packs, 2021-2031F |
6.2.7 Latvia Aluminum Foil Market Revenues & Volume, By Collapsible tubes, 2021-2031F |
7 Latvia Aluminum Foil Market Import-Export Trade Statistics |
7.1 Latvia Aluminum Foil Market Export to Major Countries |
7.2 Latvia Aluminum Foil Market Imports from Major Countries |
8 Latvia Aluminum Foil Market Key Performance Indicators |
8.1 Recycling rate of aluminum foil in Latvia. |
8.2 Adoption rate of innovative aluminum foil packaging solutions in different industries. |
8.3 Average lifespan of aluminum foil products in the market. |
9 Latvia Aluminum Foil Market - Opportunity Assessment |
9.1 Latvia Aluminum Foil Market Opportunity Assessment, By End-use, 2021 & 2031F |
9.2 Latvia Aluminum Foil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Aluminum Foil Market - Competitive Landscape |
10.1 Latvia Aluminum Foil Market Revenue Share, By Companies, 2024 |
10.2 Latvia Aluminum Foil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |