| Product Code: ETC7908215 | 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 |
Despite a slight dip in growth rate from 2023 to 2024, Latvia continues to see a steady increase in import shipments of compostable paper trays. The top exporting countries, including Poland, Lithuania, and China, indicate a diverse supply chain. With a moderate concentration level in 2024, the market remains competitive, offering opportunities for both local and international suppliers. The impressive compound annual growth rate of 17.7% from 2020 to 2024 highlights the growing demand for sustainable packaging solutions 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 Compostable Paper Tray Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Compostable Paper Tray Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Compostable Paper Tray Market - Industry Life Cycle |
3.4 Latvia Compostable Paper Tray Market - Porter's Five Forces |
3.5 Latvia Compostable Paper Tray Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Latvia Compostable Paper Tray Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Latvia Compostable Paper Tray Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Compostable Paper Tray Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Compostable Paper Tray Market Trends |
6 Latvia Compostable Paper Tray Market, By Types |
6.1 Latvia Compostable Paper Tray Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Latvia Compostable Paper Tray Market Revenues & Volume, By Source, 2021- 2031F |
6.1.3 Latvia Compostable Paper Tray Market Revenues & Volume, By Virgin Fiber Paper Trays, 2021- 2031F |
6.1.4 Latvia Compostable Paper Tray Market Revenues & Volume, By Recycled Fiber Paper Trays, 2021- 2031F |
6.2 Latvia Compostable Paper Tray Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Compostable Paper Tray Market Revenues & Volume, By Corrugated Boards, 2021- 2031F |
6.2.3 Latvia Compostable Paper Tray Market Revenues & Volume, By Boxboards/Cartons, 2021- 2031F |
6.2.4 Latvia Compostable Paper Tray Market Revenues & Volume, By Molded Pulp, 2021- 2031F |
6.3 Latvia Compostable Paper Tray Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Compostable Paper Tray Market Revenues & Volume, By Food and Beverages Industry, 2021- 2031F |
6.3.3 Latvia Compostable Paper Tray Market Revenues & Volume, By Consumer Electronics Industry, 2021- 2031F |
6.3.4 Latvia Compostable Paper Tray Market Revenues & Volume, By Personal Care and Cosmetics Industry, 2021- 2031F |
6.3.5 Latvia Compostable Paper Tray Market Revenues & Volume, By Healthcare Industry, 2021- 2031F |
6.3.6 Latvia Compostable Paper Tray Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Compostable Paper Tray Market Import-Export Trade Statistics |
7.1 Latvia Compostable Paper Tray Market Export to Major Countries |
7.2 Latvia Compostable Paper Tray Market Imports from Major Countries |
8 Latvia Compostable Paper Tray Market Key Performance Indicators |
9 Latvia Compostable Paper Tray Market - Opportunity Assessment |
9.1 Latvia Compostable Paper Tray Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Latvia Compostable Paper Tray Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Latvia Compostable Paper Tray Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Compostable Paper Tray Market - Competitive Landscape |
10.1 Latvia Compostable Paper Tray Market Revenue Share, By Companies, 2024 |
10.2 Latvia Compostable Paper Tray 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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