| Product Code: ETC7906128 | 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 |
The import shipments of blister packs to Latvia in 2024 continued to be dominated by neighboring countries such as Estonia, Poland, and Lithuania, as well as major players like Germany and Italy. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), significantly increased from 2023 to 2024, indicating a very high level of concentration among the top exporting countries. Despite the negative compound annual growth rate (CAGR) from 2020 to 2024, there was a slight improvement in the growth rate from 2023 to 2024, albeit still negative. This suggests a challenging market environment for blister pack imports 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 Blister Packs Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Blister Packs Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Blister Packs Market - Industry Life Cycle |
3.4 Latvia Blister Packs Market - Porter's Five Forces |
3.5 Latvia Blister Packs Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Blister Packs Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.7 Latvia Blister Packs Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.8 Latvia Blister Packs Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.9 Latvia Blister Packs Market Revenues & Volume Share, By End User Industry, 2021 & 2031F |
4 Latvia Blister Packs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Blister Packs Market Trends |
6 Latvia Blister Packs Market, By Types |
6.1 Latvia Blister Packs Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Blister Packs Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Blister Packs Market Revenues & Volume, By Carde, 2021- 2031F |
6.1.4 Latvia Blister Packs Market Revenues & Volume, By Clamshell, 2021- 2031F |
6.2 Latvia Blister Packs Market, By Raw Material |
6.2.1 Overview and Analysis |
6.2.2 Latvia Blister Packs Market Revenues & Volume, By Polyvinyl Chloride (PVC), 2021- 2031F |
6.2.3 Latvia Blister Packs Market Revenues & Volume, By Aclar, 2021- 2031F |
6.2.4 Latvia Blister Packs Market Revenues & Volume, By Polyvinylidene Chloride (PVDC), 2021- 2031F |
6.2.5 Latvia Blister Packs Market Revenues & Volume, By Cyclic Olefin Copolymer (COC), 2021- 2031F |
6.2.6 Latvia Blister Packs Market Revenues & Volume, By Polypropylene (PP), 2021- 2031F |
6.3 Latvia Blister Packs Market, By Process |
6.3.1 Overview and Analysis |
6.3.2 Latvia Blister Packs Market Revenues & Volume, By Thermoforming, 2021- 2031F |
6.3.3 Latvia Blister Packs Market Revenues & Volume, By Cold forming, 2021- 2031F |
6.4 Latvia Blister Packs Market, By Material |
6.4.1 Overview and Analysis |
6.4.2 Latvia Blister Packs Market Revenues & Volume, By Plastic Films, 2021- 2031F |
6.4.3 Latvia Blister Packs Market Revenues & Volume, By Paper and Paperboard, 2021- 2031F |
6.4.4 Latvia Blister Packs Market Revenues & Volume, By Aluminium, 2021- 2031F |
6.4.5 Latvia Blister Packs Market Revenues & Volume, By Other Materials, 2021- 2031F |
6.5 Latvia Blister Packs Market, By End User Industry |
6.5.1 Overview and Analysis |
6.5.2 Latvia Blister Packs Market Revenues & Volume, By Consumer Goods, 2021- 2031F |
6.5.3 Latvia Blister Packs Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.5.4 Latvia Blister Packs Market Revenues & Volume, By Foods, 2021- 2031F |
6.5.5 Latvia Blister Packs Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Blister Packs Market Import-Export Trade Statistics |
7.1 Latvia Blister Packs Market Export to Major Countries |
7.2 Latvia Blister Packs Market Imports from Major Countries |
8 Latvia Blister Packs Market Key Performance Indicators |
9 Latvia Blister Packs Market - Opportunity Assessment |
9.1 Latvia Blister Packs Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Blister Packs Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.3 Latvia Blister Packs Market Opportunity Assessment, By Process, 2021 & 2031F |
9.4 Latvia Blister Packs Market Opportunity Assessment, By Material, 2021 & 2031F |
9.5 Latvia Blister Packs Market Opportunity Assessment, By End User Industry, 2021 & 2031F |
10 Latvia Blister Packs Market - Competitive Landscape |
10.1 Latvia Blister Packs Market Revenue Share, By Companies, 2024 |
10.2 Latvia Blister Packs 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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