| Product Code: ETC7906542 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s bulk bag import market in 2024 saw significant contributions from top exporting countries like India, Bulgaria, Germany, Ukraine, and Lithuania. Despite a negative Compound Annual Growth Rate (CAGR) of -2.4% from 2020 to 2024, there was a notable growth spurt of 16.92% from 2023 to 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential opportunities for market players to capitalize on the existing market dynamics and further expand their presence in the Latvian bulk bag import sector.

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 Bulk Bag Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Bulk Bag Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Bulk Bag Market - Industry Life Cycle |
3.4 Latvia Bulk Bag Market - Porter's Five Forces |
3.5 Latvia Bulk Bag Market Revenues & Volume Share, By Fabric Type, 2021 & 2031F |
3.6 Latvia Bulk Bag Market Revenues & Volume Share, By Design, 2021 & 2031F |
3.7 Latvia Bulk Bag Market Revenues & Volume Share, By Filling and Discharge, 2021 & 2031F |
3.8 Latvia Bulk Bag Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Bulk Bag Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for efficient and cost-effective packaging solutions in various industries. |
4.2.2 Growth in the agriculture and construction sectors, leading to higher demand for bulk bags. |
4.2.3 Favorable government regulations supporting the use of eco-friendly packaging materials. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting the production cost of bulk bags. |
4.3.2 Intense competition among bulk bag manufacturers leading to pricing pressures. |
4.3.3 Challenges related to transportation and logistics affecting the distribution of bulk bags. |
5 Latvia Bulk Bag Market Trends |
6 Latvia Bulk Bag Market, By Types |
6.1 Latvia Bulk Bag Market, By Fabric Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Bulk Bag Market Revenues & Volume, By Fabric Type, 2021- 2031F |
6.1.3 Latvia Bulk Bag Market Revenues & Volume, By Type A, 2021- 2031F |
6.1.4 Latvia Bulk Bag Market Revenues & Volume, By Type B, 2021- 2031F |
6.1.5 Latvia Bulk Bag Market Revenues & Volume, By Type C, 2021- 2031F |
6.1.6 Latvia Bulk Bag Market Revenues & Volume, By Type D, 2021- 2031F |
6.2 Latvia Bulk Bag Market, By Design |
6.2.1 Overview and Analysis |
6.2.2 Latvia Bulk Bag Market Revenues & Volume, By U-Panel Bags, 2021- 2031F |
6.2.3 Latvia Bulk Bag Market Revenues & Volume, By Four Side Panels, 2021- 2031F |
6.2.4 Latvia Bulk Bag Market Revenues & Volume, By Baffles, 2021- 2031F |
6.2.5 Latvia Bulk Bag Market Revenues & Volume, By Circular/ Tabular, 2021- 2031F |
6.2.6 Latvia Bulk Bag Market Revenues & Volume, By Cross Corners, 2021- 2031F |
6.3 Latvia Bulk Bag Market, By Filling and Discharge |
6.3.1 Overview and Analysis |
6.3.2 Latvia Bulk Bag Market Revenues & Volume, By Open Top and Flat Bottom, 2021- 2031F |
6.3.3 Latvia Bulk Bag Market Revenues & Volume, By Duffle Top and Flat Bottom, 2021- 2031F |
6.3.4 Latvia Bulk Bag Market Revenues & Volume, By Open Top and Spout Bottom, 2021- 2031F |
6.3.5 Latvia Bulk Bag Market Revenues & Volume, By Spout Top and Spout Bottom, 2021- 2031F |
6.3.6 Latvia Bulk Bag Market Revenues & Volume, By Spout Top and Flat Bottom, 2021- 2031F |
6.4 Latvia Bulk Bag Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Latvia Bulk Bag Market Revenues & Volume, By Chemicals and Fertilizers, 2021- 2031F |
6.4.3 Latvia Bulk Bag Market Revenues & Volume, By Food, 2021- 2031F |
6.4.4 Latvia Bulk Bag Market Revenues & Volume, By Construction, 2021- 2031F |
6.4.5 Latvia Bulk Bag Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.4.6 Latvia Bulk Bag Market Revenues & Volume, By Mining, 2021- 2031F |
7 Latvia Bulk Bag Market Import-Export Trade Statistics |
7.1 Latvia Bulk Bag Market Export to Major Countries |
7.2 Latvia Bulk Bag Market Imports from Major Countries |
8 Latvia Bulk Bag Market Key Performance Indicators |
8.1 Average order size of bulk bag purchases. |
8.2 Percentage of repeat customers indicating customer loyalty. |
8.3 Number of new product developments or innovations in the bulk bag market. |
8.4 Efficiency of supply chain management in delivering bulk bags to customers. |
8.5 Rate of customer satisfaction and feedback on the quality of bulk bags. |
9 Latvia Bulk Bag Market - Opportunity Assessment |
9.1 Latvia Bulk Bag Market Opportunity Assessment, By Fabric Type, 2021 & 2031F |
9.2 Latvia Bulk Bag Market Opportunity Assessment, By Design, 2021 & 2031F |
9.3 Latvia Bulk Bag Market Opportunity Assessment, By Filling and Discharge, 2021 & 2031F |
9.4 Latvia Bulk Bag Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Bulk Bag Market - Competitive Landscape |
10.1 Latvia Bulk Bag Market Revenue Share, By Companies, 2024 |
10.2 Latvia Bulk Bag 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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