| Product Code: ETC7907955 | 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 saw a significant increase in the concentration of cold chain packaging materials imports, with top exporters being Estonia, Poland, Lithuania, Germany, and Italy. Despite a negative Compound Annual Growth Rate (CAGR) of -6.59% from 2020 to 2024, the import shipments experienced a slightly improved growth rate of -3.27% from 2023 to 2024. The High Herfindahl-Hirschman Index (HHI) indicates a very high concentration in the market, reflecting potential challenges and opportunities for market players in the cold chain packaging materials 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 Cold Chain Packaging Materials Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Cold Chain Packaging Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Cold Chain Packaging Materials Market - Industry Life Cycle |
3.4 Latvia Cold Chain Packaging Materials Market - Porter's Five Forces |
3.5 Latvia Cold Chain Packaging Materials Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Latvia Cold Chain Packaging Materials Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Latvia Cold Chain Packaging Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Cold Chain Packaging Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for cold chain packaging materials due to growth in the food and pharmaceutical industries. |
4.2.2 Stringent regulations and standards for cold chain logistics and packaging. |
4.2.3 Rising focus on reducing food wastage and maintaining product quality throughout the supply chain. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with implementing cold chain packaging solutions. |
4.3.2 Lack of awareness and expertise in handling cold chain packaging materials. |
4.3.3 Limited infrastructure and technology for efficient cold chain logistics in Latvia. |
5 Latvia Cold Chain Packaging Materials Market Trends |
6 Latvia Cold Chain Packaging Materials Market, By Types |
6.1 Latvia Cold Chain Packaging Materials Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Latvia Cold Chain Packaging Materials Market Revenues & Volume, By Source, 2021- 2031F |
6.1.3 Latvia Cold Chain Packaging Materials Market Revenues & Volume, By Natural, 2021- 2031F |
6.1.4 Latvia Cold Chain Packaging Materials Market Revenues & Volume, By Synthetic, 2021- 2031F |
6.2 Latvia Cold Chain Packaging Materials Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Latvia Cold Chain Packaging Materials Market Revenues & Volume, By Recycled non-woven textile, 2021- 2031F |
6.2.3 Latvia Cold Chain Packaging Materials Market Revenues & Volume, By Jute, 2021- 2031F |
6.2.4 Latvia Cold Chain Packaging Materials Market Revenues & Volume, By Paper, 2021- 2031F |
6.2.5 Latvia Cold Chain Packaging Materials Market Revenues & Volume, By Cardboard, 2021- 2031F |
6.2.6 Latvia Cold Chain Packaging Materials Market Revenues & Volume, By Expanded Polystyrene (EPS), 2021- 2031F |
6.2.7 Latvia Cold Chain Packaging Materials Market Revenues & Volume, By Polyurethane, 2021- 2031F |
6.3 Latvia Cold Chain Packaging Materials Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Cold Chain Packaging Materials Market Revenues & Volume, By Meal-kits, 2021- 2031F |
6.3.3 Latvia Cold Chain Packaging Materials Market Revenues & Volume, By Pharmaceutical, 2021- 2031F |
6.3.4 Latvia Cold Chain Packaging Materials Market Revenues & Volume, By Personal care, 2021- 2031F |
6.3.5 Latvia Cold Chain Packaging Materials Market Revenues & Volume, By Flowers, Candies, Desserts, 2021- 2031F |
6.3.6 Latvia Cold Chain Packaging Materials Market Revenues & Volume, By Meat & Seafood, 2021- 2031F |
6.3.7 Latvia Cold Chain Packaging Materials Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Cold Chain Packaging Materials Market Import-Export Trade Statistics |
7.1 Latvia Cold Chain Packaging Materials Market Export to Major Countries |
7.2 Latvia Cold Chain Packaging Materials Market Imports from Major Countries |
8 Latvia Cold Chain Packaging Materials Market Key Performance Indicators |
8.1 Percentage increase in the adoption of sustainable cold chain packaging materials. |
8.2 Reduction in product wastage along the cold chain. |
8.3 Improvement in supply chain efficiency measured by reduced transit times. |
9 Latvia Cold Chain Packaging Materials Market - Opportunity Assessment |
9.1 Latvia Cold Chain Packaging Materials Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Latvia Cold Chain Packaging Materials Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Latvia Cold Chain Packaging Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Cold Chain Packaging Materials Market - Competitive Landscape |
10.1 Latvia Cold Chain Packaging Materials Market Revenue Share, By Companies, 2024 |
10.2 Latvia Cold Chain Packaging Materials 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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