| Product Code: ETC7905650 | 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 |
In 2024, Latvia continued to see a diverse range of BOPP labels import shipments from top exporting countries such as Poland, Italy, China, Lithuania, and Spain. Despite the negative CAGR of -8.33% from 2020 to 2024 and a further decline in growth rate of -12.5% from 2023 to 2024, the market maintained a low concentration with the Herfindahl-Hirschman Index (HHI) indicating a competitive landscape. The presence of multiple exporting countries suggests a resilient market with potential for further growth and innovation in the BOPP labels sector 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 BOPP Labels Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia BOPP Labels Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia BOPP Labels Market - Industry Life Cycle |
3.4 Latvia BOPP Labels Market - Porter's Five Forces |
3.5 Latvia BOPP Labels Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia BOPP Labels Market Revenues & Volume Share, By Coating, 2021 & 2031F |
4 Latvia BOPP Labels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for packaged food and beverages in Latvia |
4.2.2 Growing adoption of sustainable packaging solutions |
4.2.3 Rising focus on product differentiation and branding in the market |
4.3 Market Restraints |
4.3.1 High competition from alternative labeling solutions |
4.3.2 Fluctuations in raw material prices impacting production costs |
5 Latvia BOPP Labels Market Trends |
6 Latvia BOPP Labels Market, By Types |
6.1 Latvia BOPP Labels Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia BOPP Labels Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia BOPP Labels Market Revenues & Volume, By Pressure Sensitive Labels, 2021- 2031F |
6.1.4 Latvia BOPP Labels Market Revenues & Volume, By Wrap Around Labels, 2021- 2031F |
6.1.5 Latvia BOPP Labels Market Revenues & Volume, By In-mold Labels, 2021- 2031F |
6.1.6 Latvia BOPP Labels Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia BOPP Labels Market, By Coating |
6.2.1 Overview and Analysis |
6.2.2 Latvia BOPP Labels Market Revenues & Volume, By Top-coated Labels, 2021- 2031F |
6.2.3 Latvia BOPP Labels Market Revenues & Volume, By Non-coated Labels, 2021- 2031F |
7 Latvia BOPP Labels Market Import-Export Trade Statistics |
7.1 Latvia BOPP Labels Market Export to Major Countries |
7.2 Latvia BOPP Labels Market Imports from Major Countries |
8 Latvia BOPP Labels Market Key Performance Indicators |
8.1 Percentage of recyclable materials used in BOPP labels production |
8.2 Number of new product launches using BOPP labels in the market |
8.3 Adoption rate of digital printing technology for BOPP labels in Latvia |
9 Latvia BOPP Labels Market - Opportunity Assessment |
9.1 Latvia BOPP Labels Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia BOPP Labels Market Opportunity Assessment, By Coating, 2021 & 2031F |
10 Latvia BOPP Labels Market - Competitive Landscape |
10.1 Latvia BOPP Labels Market Revenue Share, By Companies, 2024 |
10.2 Latvia BOPP Labels 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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