| Product Code: ETC7906510 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continued to see a steady flow of bubble wrap import shipments, with Lithuania, Poland, Turkey, Spain, and the Netherlands emerging as the top exporting countries. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained at a moderate level, indicating a balanced competitive landscape. Despite a slight decline in the compound annual growth rate (CAGR) from 2020 to 2024, the industry showed resilience with a positive growth rate of 4.9% from 2023 to 2024, suggesting potential opportunities for further expansion and market development in the coming years.

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 Bubble Wrap Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Bubble Wrap Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Bubble Wrap Market - Industry Life Cycle |
3.4 Latvia Bubble Wrap Market - Porter's Five Forces |
3.5 Latvia Bubble Wrap Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Bubble Wrap Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Latvia Bubble Wrap Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.8 Latvia Bubble Wrap Market Revenues & Volume Share, By End- Industry, 2021 & 2031F |
4 Latvia Bubble Wrap Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the e-commerce industry leading to increased need for packaging materials like bubble wrap |
4.2.2 Rising awareness about the importance of product protection during shipping and handling |
4.2.3 Increasing focus on sustainable packaging solutions driving demand for eco-friendly bubble wrap alternatives |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs of bubble wrap |
4.3.2 Potential regulatory changes or restrictions on the use of plastic packaging materials |
4.3.3 Competition from alternative protective packaging solutions such as air pillows or paper-based packaging |
5 Latvia Bubble Wrap Market Trends |
6 Latvia Bubble Wrap Market, By Types |
6.1 Latvia Bubble Wrap Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Bubble Wrap Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia Bubble Wrap Market Revenues & Volume, By Bubble Sheets, 2021- 2031F |
6.1.4 Latvia Bubble Wrap Market Revenues & Volume, By Bubble Bags/Mailers, 2021- 2031F |
6.2 Latvia Bubble Wrap Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Latvia Bubble Wrap Market Revenues & Volume, By LDPE, 2021- 2031F |
6.2.3 Latvia Bubble Wrap Market Revenues & Volume, By HDPE, 2021- 2031F |
6.2.4 Latvia Bubble Wrap Market Revenues & Volume, By LLDPE, 2021- 2031F |
6.3 Latvia Bubble Wrap Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Bubble Wrap Market Revenues & Volume, By High-Grade Bubble Wraps, 2021- 2031F |
6.3.3 Latvia Bubble Wrap Market Revenues & Volume, By General Grade Bubble Wraps, 2021- 2031F |
6.3.4 Latvia Bubble Wrap Market Revenues & Volume, By Temperature Controlled Bubble Wraps, 2021- 2031F |
6.3.5 Latvia Bubble Wrap Market Revenues & Volume, By Limited Grade Bubble Wraps, 2021- 2031F |
6.4 Latvia Bubble Wrap Market, By End- Industry |
6.4.1 Overview and Analysis |
6.4.2 Latvia Bubble Wrap Market Revenues & Volume, By Manufacturing and Warehousing, 2021- 2031F |
6.4.3 Latvia Bubble Wrap Market Revenues & Volume, By E- Commerce, 2021- 2031F |
6.4.4 Latvia Bubble Wrap Market Revenues & Volume, By Logistics and Transportation, 2021- 2031F |
7 Latvia Bubble Wrap Market Import-Export Trade Statistics |
7.1 Latvia Bubble Wrap Market Export to Major Countries |
7.2 Latvia Bubble Wrap Market Imports from Major Countries |
8 Latvia Bubble Wrap Market Key Performance Indicators |
8.1 Percentage increase in the adoption of bubble wrap in the e-commerce sector |
8.2 Number of companies switching to eco-friendly bubble wrap options |
8.3 Customer satisfaction ratings related to the effectiveness of bubble wrap in protecting products during transit |
9 Latvia Bubble Wrap Market - Opportunity Assessment |
9.1 Latvia Bubble Wrap Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Bubble Wrap Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Latvia Bubble Wrap Market Opportunity Assessment, By Type, 2021 & 2031F |
9.4 Latvia Bubble Wrap Market Opportunity Assessment, By End- Industry, 2021 & 2031F |
10 Latvia Bubble Wrap Market - Competitive Landscape |
10.1 Latvia Bubble Wrap Market Revenue Share, By Companies, 2024 |
10.2 Latvia Bubble Wrap 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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