| Product Code: ETC7905820 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s import shipments of bar code sticker labeling machines in 2024 were dominated by Canada, China, Spain, Turkey, and Germany. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained high in 2024 after a very high concentration in 2023. However, the industry experienced a negative Compound Annual Growth Rate (CAGR) of -2.95% from 2020 to 2024, with a significant decline in growth rate of -27.29% from 2023 to 2024. This suggests a challenging market environment for the import of bar code sticker labeling machines 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 Bar Code Sticker Labeling Machine Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Bar Code Sticker Labeling Machine Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Bar Code Sticker Labeling Machine Market - Industry Life Cycle |
3.4 Latvia Bar Code Sticker Labeling Machine Market - Porter's Five Forces |
3.5 Latvia Bar Code Sticker Labeling Machine Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Bar Code Sticker Labeling Machine Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Latvia Bar Code Sticker Labeling Machine Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Latvia Bar Code Sticker Labeling Machine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Bar Code Sticker Labeling Machine Market Trends |
6 Latvia Bar Code Sticker Labeling Machine Market, By Types |
6.1 Latvia Bar Code Sticker Labeling Machine Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Bar Code Sticker Labeling Machine Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Bar Code Sticker Labeling Machine Market Revenues & Volume, By Thermal Transfer Labels, 2021- 2031F |
6.1.4 Latvia Bar Code Sticker Labeling Machine Market Revenues & Volume, By Direct Thermal Labels, 2021- 2031F |
6.1.5 Latvia Bar Code Sticker Labeling Machine Market Revenues & Volume, By Laser Sheet Labels, 2021- 2031F |
6.1.6 Latvia Bar Code Sticker Labeling Machine Market Revenues & Volume, By Inkjet Labels, 2021- 2031F |
6.2 Latvia Bar Code Sticker Labeling Machine Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Latvia Bar Code Sticker Labeling Machine Market Revenues & Volume, By 1D Barcode Labels, 2021- 2031F |
6.2.3 Latvia Bar Code Sticker Labeling Machine Market Revenues & Volume, By 2D Barcode Labels, 2021- 2031F |
6.2.4 Latvia Bar Code Sticker Labeling Machine Market Revenues & Volume, By HD Barcode Labels, 2021- 2031F |
6.2.5 Latvia Bar Code Sticker Labeling Machine Market Revenues & Volume, By Holographic Transparent Barcode Labels, 2021- 2031F |
6.3 Latvia Bar Code Sticker Labeling Machine Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Bar Code Sticker Labeling Machine Market Revenues & Volume, By Food and Beverages, 2021- 2031F |
6.3.3 Latvia Bar Code Sticker Labeling Machine Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.3.4 Latvia Bar Code Sticker Labeling Machine Market Revenues & Volume, By Households, 2021- 2031F |
6.3.5 Latvia Bar Code Sticker Labeling Machine Market Revenues & Volume, By Electronics and Electricals, 2021- 2031F |
6.3.6 Latvia Bar Code Sticker Labeling Machine Market Revenues & Volume, By Consumer Goods, 2021- 2031F |
6.3.7 Latvia Bar Code Sticker Labeling Machine Market Revenues & Volume, By Textiles, 2021- 2031F |
7 Latvia Bar Code Sticker Labeling Machine Market Import-Export Trade Statistics |
7.1 Latvia Bar Code Sticker Labeling Machine Market Export to Major Countries |
7.2 Latvia Bar Code Sticker Labeling Machine Market Imports from Major Countries |
8 Latvia Bar Code Sticker Labeling Machine Market Key Performance Indicators |
9 Latvia Bar Code Sticker Labeling Machine Market - Opportunity Assessment |
9.1 Latvia Bar Code Sticker Labeling Machine Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Bar Code Sticker Labeling Machine Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Latvia Bar Code Sticker Labeling Machine Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Latvia Bar Code Sticker Labeling Machine Market - Competitive Landscape |
10.1 Latvia Bar Code Sticker Labeling Machine Market Revenue Share, By Companies, 2024 |
10.2 Latvia Bar Code Sticker Labeling Machine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here