| Product Code: ETC7905016 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia saw an increase in imports of automatic flexible packaging machines from top exporting countries such as Germany, Lithuania, Italy, China, and Estonia. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained at a low level, indicating a competitive market landscape. However, the industry experienced a negative Compound Annual Growth Rate (CAGR) of -6.14% from 2020 to 2024, with a significant decline in growth rate of -30.0% from 2023 to 2024. These trends suggest a challenging environment for the automatic flexible packaging machine market in Latvia.

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 Automatic Flexible Packaging Machines Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Automatic Flexible Packaging Machines Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Automatic Flexible Packaging Machines Market - Industry Life Cycle |
3.4 Latvia Automatic Flexible Packaging Machines Market - Porter's Five Forces |
3.5 Latvia Automatic Flexible Packaging Machines Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Latvia Automatic Flexible Packaging Machines Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Automatic Flexible Packaging Machines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for convenience and sustainable packaging solutions |
4.2.2 Growth in the food and beverage industry in Latvia |
4.2.3 Emphasis on efficiency and cost-saving measures in manufacturing processes |
4.3 Market Restraints |
4.3.1 High initial investment required for automatic flexible packaging machines |
4.3.2 Technological complexities and the need for skilled operators |
4.3.3 Regulatory challenges related to packaging materials and waste management |
5 Latvia Automatic Flexible Packaging Machines Market Trends |
6 Latvia Automatic Flexible Packaging Machines Market, By Types |
6.1 Latvia Automatic Flexible Packaging Machines Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Latvia Automatic Flexible Packaging Machines Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Latvia Automatic Flexible Packaging Machines Market Revenues & Volume, By Pneumatic Pouch Packaging Machines, 2021- 2031F |
6.1.4 Latvia Automatic Flexible Packaging Machines Market Revenues & Volume, By Shrink Wrap Pouch Packaging Machines, 2021- 2031F |
6.2 Latvia Automatic Flexible Packaging Machines Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Latvia Automatic Flexible Packaging Machines Market Revenues & Volume, By Food & Beverage, 2021- 2031F |
6.2.3 Latvia Automatic Flexible Packaging Machines Market Revenues & Volume, By Pharmaceutical, 2021- 2031F |
6.2.4 Latvia Automatic Flexible Packaging Machines Market Revenues & Volume, By Chemicals, 2021- 2031F |
6.2.5 Latvia Automatic Flexible Packaging Machines Market Revenues & Volume, By Cosmetics, 2021- 2031F |
6.2.6 Latvia Automatic Flexible Packaging Machines Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Automatic Flexible Packaging Machines Market Import-Export Trade Statistics |
7.1 Latvia Automatic Flexible Packaging Machines Market Export to Major Countries |
7.2 Latvia Automatic Flexible Packaging Machines Market Imports from Major Countries |
8 Latvia Automatic Flexible Packaging Machines Market Key Performance Indicators |
8.1 Overall equipment effectiveness (OEE) of automatic flexible packaging machines |
8.2 Percentage of packaging waste reduction achieved by using automatic machines |
8.3 Rate of adoption of automation technologies in the packaging industry in Latvia |
8.4 Energy efficiency improvements in automatic flexible packaging machines |
8.5 Customer satisfaction scores related to the performance and reliability of automatic packaging machines |
9 Latvia Automatic Flexible Packaging Machines Market - Opportunity Assessment |
9.1 Latvia Automatic Flexible Packaging Machines Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Latvia Automatic Flexible Packaging Machines Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Automatic Flexible Packaging Machines Market - Competitive Landscape |
10.1 Latvia Automatic Flexible Packaging Machines Market Revenue Share, By Companies, 2024 |
10.2 Latvia Automatic Flexible Packaging Machines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |