| Product Code: ETC11454709 | Publication Date: Apr 2025 | Updated Date: Apr 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Latvia saw a steady increase in imports of biodegradable film, with top exporters including Poland, Lithuania, Estonia, Germany, and Denmark. The market remained competitive with low concentration levels, indicating a diverse range of suppliers. The compound annual growth rate (CAGR) from 2020 to 2024 was a strong 7.53%, highlighting the growing demand for eco-friendly packaging solutions in Latvia. The growth rate from 2023 to 2024 was 3.48%, suggesting sustained momentum in the market. This data points to a promising outlook for the biodegradable film import industry 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 Bio Degradable Film Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Bio Degradable Film Market Revenues & Volume, 2022 & 2032F |
3.3 Latvia Bio Degradable Film Market - Industry Life Cycle |
3.4 Latvia Bio Degradable Film Market - Porter's Five Forces |
3.5 Latvia Bio Degradable Film Market Revenues & Volume Share, By Material Type, 2022 & 2032F |
3.6 Latvia Bio Degradable Film Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.7 Latvia Bio Degradable Film Market Revenues & Volume Share, By End User, 2022 & 2032F |
3.8 Latvia Bio Degradable Film Market Revenues & Volume Share, By Source, 2022 & 2032F |
3.9 Latvia Bio Degradable Film Market Revenues & Volume Share, By Environmental Impact, 2022 & 2032F |
4 Latvia Bio Degradable Film Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing environmental consciousness among consumers |
4.2.2 Stringent government regulations promoting the use of bio-degradable films |
4.2.3 Growing demand for sustainable packaging solutions in various industries |
4.3 Market Restraints |
4.3.1 High production costs compared to conventional plastic films |
4.3.2 Limited awareness and availability of bio-degradable films in the market |
5 Latvia Bio Degradable Film Market Trends |
6 Latvia Bio Degradable Film Market, By Types |
6.1 Latvia Bio Degradable Film Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Bio Degradable Film Market Revenues & Volume, By Material Type, 2022 - 2032F |
6.1.3 Latvia Bio Degradable Film Market Revenues & Volume, By PLA-Based Films, 2022 - 2032F |
6.1.4 Latvia Bio Degradable Film Market Revenues & Volume, By Starch-Based Films, 2022 - 2032F |
6.1.5 Latvia Bio Degradable Film Market Revenues & Volume, By Cellulose-Based Films, 2022 - 2032F |
6.2 Latvia Bio Degradable Film Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Bio Degradable Film Market Revenues & Volume, By Food Packaging, 2022 - 2032F |
6.2.3 Latvia Bio Degradable Film Market Revenues & Volume, By Agriculture Mulch, 2022 - 2032F |
6.2.4 Latvia Bio Degradable Film Market Revenues & Volume, By Retail Bags, 2022 - 2032F |
6.3 Latvia Bio Degradable Film Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Bio Degradable Film Market Revenues & Volume, By Food & Beverage, 2022 - 2032F |
6.3.3 Latvia Bio Degradable Film Market Revenues & Volume, By Agriculture, 2022 - 2032F |
6.3.4 Latvia Bio Degradable Film Market Revenues & Volume, By Retail, 2022 - 2032F |
6.4 Latvia Bio Degradable Film Market, By Source |
6.4.1 Overview and Analysis |
6.4.2 Latvia Bio Degradable Film Market Revenues & Volume, By Biomass, 2022 - 2032F |
6.4.3 Latvia Bio Degradable Film Market Revenues & Volume, By Plant-Based, 2022 - 2032F |
6.4.4 Latvia Bio Degradable Film Market Revenues & Volume, By Sugar-Based, 2022 - 2032F |
6.5 Latvia Bio Degradable Film Market, By Environmental Impact |
6.5.1 Overview and Analysis |
6.5.2 Latvia Bio Degradable Film Market Revenues & Volume, By Compostable, 2022 - 2032F |
6.5.3 Latvia Bio Degradable Film Market Revenues & Volume, By Biodegradable, 2022 - 2032F |
6.5.4 Latvia Bio Degradable Film Market Revenues & Volume, By Recyclable, 2022 - 2032F |
7 Latvia Bio Degradable Film Market Import-Export Trade Statistics |
7.1 Latvia Bio Degradable Film Market Export to Major Countries |
7.2 Latvia Bio Degradable Film Market Imports from Major Countries |
8 Latvia Bio Degradable Film Market Key Performance Indicators |
8.1 Percentage of companies adopting bio-degradable film packaging |
8.2 Amount of plastic waste reduced through the use of bio-degradable films |
8.3 Number of research and development initiatives focused on improving bio-degradable film technology |
9 Latvia Bio Degradable Film Market - Opportunity Assessment |
9.1 Latvia Bio Degradable Film Market Opportunity Assessment, By Material Type, 2022 & 2032F |
9.2 Latvia Bio Degradable Film Market Opportunity Assessment, By Application, 2022 & 2032F |
9.3 Latvia Bio Degradable Film Market Opportunity Assessment, By End User, 2022 & 2032F |
9.4 Latvia Bio Degradable Film Market Opportunity Assessment, By Source, 2022 & 2032F |
9.5 Latvia Bio Degradable Film Market Opportunity Assessment, By Environmental Impact, 2022 & 2032F |
10 Latvia Bio Degradable Film Market - Competitive Landscape |
10.1 Latvia Bio Degradable Film Market Revenue Share, By Companies, 2025 |
10.2 Latvia Bio Degradable Film 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.
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