| Product Code: ETC5741645 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Latvia`s bio-based foam import market saw a notable shift in 2024, with top exporting countries being Germany, USA, Poland, Lithuania, and Finland. The market moved from high concentration in 2023 to moderate concentration in 2024, indicating increased diversification. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-2024 remained positive at 2.63%. This suggests a stable and growing demand for bio-based foam imports in Latvia, driven by a variety of key exporting countries.
| 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 Bio-Based Foam Market Overview | 
| 3.1 Latvia Country Macro Economic Indicators | 
| 3.2 Latvia Bio-Based Foam Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Latvia Bio-Based Foam Market - Industry Life Cycle | 
| 3.4 Latvia Bio-Based Foam Market - Porter's Five Forces | 
| 3.5 Latvia Bio-Based Foam Market Revenues & Volume Share, By Raw Material, 2021 & 2031F | 
| 3.6 Latvia Bio-Based Foam Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F | 
| 4 Latvia Bio-Based Foam Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing consumer awareness and demand for sustainable and eco-friendly products | 
| 4.2.2 Favorable government regulations promoting the use of bio-based materials | 
| 4.2.3 Rising investments in research and development for innovative bio-based foam products | 
| 4.3 Market Restraints | 
| 4.3.1 High initial costs associated with bio-based foam production | 
| 4.3.2 Limited availability of raw materials for bio-based foam manufacturing | 
| 4.3.3 Competition from traditional foam products in the market | 
| 5 Latvia Bio-Based Foam Market Trends | 
| 6 Latvia Bio-Based Foam Market Segmentations | 
| 6.1 Latvia Bio-Based Foam Market, By Raw Material | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Latvia Bio-Based Foam Market Revenues & Volume, By Corn, 2021-2031F | 
| 6.1.3 Latvia Bio-Based Foam Market Revenues & Volume, By Sugarcane, 2021-2031F | 
| 6.1.4 Latvia Bio-Based Foam Market Revenues & Volume, By Soy, 2021-2031F | 
| 6.2 Latvia Bio-Based Foam Market, By End Use Industry | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Latvia Bio-Based Foam Market Revenues & Volume, By Building & Construction, 2021-2031F | 
| 6.2.3 Latvia Bio-Based Foam Market Revenues & Volume, By Footwear, 2021-2031F | 
| 6.2.4 Latvia Bio-Based Foam Market Revenues & Volume, By Sports & Recreational, 2021-2031F | 
| 6.2.5 Latvia Bio-Based Foam Market Revenues & Volume, By Packaging, 2021-2031F | 
| 6.2.6 Latvia Bio-Based Foam Market Revenues & Volume, By Automotive, 2021-2031F | 
| 6.2.7 Latvia Bio-Based Foam Market Revenues & Volume, By Furniture & Bedding, 2021-2031F | 
| 7 Latvia Bio-Based Foam Market Import-Export Trade Statistics | 
| 7.1 Latvia Bio-Based Foam Market Export to Major Countries | 
| 7.2 Latvia Bio-Based Foam Market Imports from Major Countries | 
| 8 Latvia Bio-Based Foam Market Key Performance Indicators | 
| 8.1 Percentage of recycled materials used in bio-based foam production | 
| 8.2 Carbon footprint reduction achieved by using bio-based foam materials | 
| 8.3 Number of partnerships with local suppliers for sourcing bio-based raw materials | 
| 9 Latvia Bio-Based Foam Market - Opportunity Assessment | 
| 9.1 Latvia Bio-Based Foam Market Opportunity Assessment, By Raw Material, 2021 & 2031F | 
| 9.2 Latvia Bio-Based Foam Market Opportunity Assessment, By End Use Industry, 2021 & 2031F | 
| 10 Latvia Bio-Based Foam Market - Competitive Landscape | 
| 10.1 Latvia Bio-Based Foam Market Revenue Share, By Companies, 2024 | 
| 10.2 Latvia Bio-Based Foam Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 13 Disclaimer |