Latvia Compostable Plastic Market (2025-2031) | Outlook, Trends, Industry, Size, Analysis, Value, Forecast, Share, Companies, Segmentation, Revenue & Growth

Name: Latvia Compostable Plastic Market (2025-2031) | Trends & Share
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Compostable Plastic Market, Latvia Compostable Plastic Market, Latvia Compostable Plastic Market Revenues, Latvia Compostable Plastic Market Share, Latvia Compostable Plastic Market Size, Latvia Compostable Plastic Market Outlook, Latvia Compostable Plastic Market Report, Latvia Compostable Plastic Market Competition, Latvia Compostable Plastic Market Overview, Latvia Compostable Plastic Market Trends, Latvia Compostable Plastic Market Forecast

Market Forecast By Type (Home Compostable Plastic, Others), By End-Use (Bags, Agriculture and Horticulture, Medical Devices, Automotive, Consumer Electronics, Disposable Housewares, Others), By Sales Channel (Direct Company Sale , Direct Import , Distributors , Traders) And Competitive Landscape

Product Code: ETC5259672	Publication Date: Nov 2023	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Ravi Bhandari	No. of Pages: 60	No. of Figures: 30	No. of Tables: 5

Latvia Compostable Plastic Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The import shipments of compostable plastic to Latvia in 2024 saw a notable increase, with top exporters being Poland, Lithuania, Estonia, Germany, and Denmark. The market showed a shift from moderate to low concentration, indicating a more diversified import landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 7.11%, with a respectable growth rate of 4.04% from 2023 to 2024. This suggests a growing demand for compostable plastics in Latvia, driven by sustainability initiatives and environmental awareness.

Latvia Compostable Plastic Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Latvia Compostable Plastic Market Outlook
Market Size of Latvia Compostable Plastic Market, 2024
Forecast of Latvia Compostable Plastic Market, 2031
Historical Data and Forecast of Latvia Compostable Plastic Revenues & Volume for the Period 2021-2031
Latvia Compostable Plastic Market Trend Evolution
Latvia Compostable Plastic Market Drivers and Challenges
Latvia Compostable Plastic Price Trends
Latvia Compostable Plastic Porter`s Five Forces
Latvia Compostable Plastic Industry Life Cycle
Historical Data and Forecast of Latvia Compostable Plastic Market Revenues & Volume By Type for the Period 2021-2031
Historical Data and Forecast of Latvia Compostable Plastic Market Revenues & Volume By Home Compostable Plastic for the Period 2021-2031
Historical Data and Forecast of Latvia Compostable Plastic Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Latvia Compostable Plastic Market Revenues & Volume By End-Use for the Period 2021-2031
Historical Data and Forecast of Latvia Compostable Plastic Market Revenues & Volume By Bags for the Period 2021-2031
Historical Data and Forecast of Latvia Compostable Plastic Market Revenues & Volume By Agriculture and Horticulture for the Period 2021-2031
Historical Data and Forecast of Latvia Compostable Plastic Market Revenues & Volume By Medical Devices for the Period 2021-2031
Historical Data and Forecast of Latvia Compostable Plastic Market Revenues & Volume By Automotive for the Period 2021-2031
Historical Data and Forecast of Latvia Compostable Plastic Market Revenues & Volume By Consumer Electronics for the Period 2021-2031
Historical Data and Forecast of Latvia Compostable Plastic Market Revenues & Volume By Disposable Housewares for the Period 2021-2031
Historical Data and Forecast of Latvia Compostable Plastic Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Latvia Compostable Plastic Market Revenues & Volume By Sales Channel for the Period 2021-2031
Historical Data and Forecast of Latvia Compostable Plastic Market Revenues & Volume By Direct Company Sale for the Period 2021-2031
Historical Data and Forecast of Latvia Compostable Plastic Market Revenues & Volume By Direct Import for the Period 2021-2031
Historical Data and Forecast of Latvia Compostable Plastic Market Revenues & Volume By Distributors for the Period 2021-2031
Historical Data and Forecast of Latvia Compostable Plastic Market Revenues & Volume By Traders for the Period 2021-2031
Latvia Compostable Plastic Import Export Trade Statistics
Market Opportunity Assessment By Type
Market Opportunity Assessment By End-Use
Market Opportunity Assessment By Sales Channel
Latvia Compostable Plastic Top Companies Market Share
Latvia Compostable Plastic Competitive Benchmarking By Technical and Operational Parameters
Latvia Compostable Plastic Company Profiles
Latvia Compostable Plastic Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

How does 6Wresearch market report help businesses in making strategic decisions?

Do you also provide customisation in the market study?

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 Plastic Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Compostable Plastic Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Compostable Plastic Market - Industry Life Cycle

3.4 Latvia Compostable Plastic Market - Porter's Five Forces

3.5 Latvia Compostable Plastic Market Revenues & Volume Share, By Type , 2021 & 2031F

3.6 Latvia Compostable Plastic Market Revenues & Volume Share, By End-Use , 2021 & 2031F

3.7 Latvia Compostable Plastic Market Revenues & Volume Share, By Sales Channel , 2021 & 2031F

4 Latvia Compostable Plastic Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing consumer awareness and demand for eco-friendly alternatives

4.2.2 Government regulations promoting the use of compostable plastics

4.2.3 Growing focus on sustainability and environmental conservation

4.3 Market Restraints

4.3.1 Higher production costs compared to conventional plastics

4.3.2 Limited availability and variety of compostable plastic products in the market

4.3.3 Lack of infrastructure for compostable plastic waste management

5 Latvia Compostable Plastic Market Trends

6 Latvia Compostable Plastic Market, By Types

6.1 Latvia Compostable Plastic Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia Compostable Plastic Market Revenues & Volume, By Type , 2021-2031F

6.1.3 Latvia Compostable Plastic Market Revenues & Volume, By Home Compostable Plastic, 2021-2031F

6.1.4 Latvia Compostable Plastic Market Revenues & Volume, By Others, 2021-2031F

6.2 Latvia Compostable Plastic Market, By End-Use

6.2.1 Overview and Analysis

6.2.2 Latvia Compostable Plastic Market Revenues & Volume, By Bags, 2021-2031F

6.2.3 Latvia Compostable Plastic Market Revenues & Volume, By Agriculture and Horticulture, 2021-2031F

6.2.4 Latvia Compostable Plastic Market Revenues & Volume, By Medical Devices, 2021-2031F

6.2.5 Latvia Compostable Plastic Market Revenues & Volume, By Automotive, 2021-2031F

6.2.6 Latvia Compostable Plastic Market Revenues & Volume, By Consumer Electronics, 2021-2031F

6.2.7 Latvia Compostable Plastic Market Revenues & Volume, By Disposable Housewares, 2021-2031F

6.3 Latvia Compostable Plastic Market, By Sales Channel

6.3.1 Overview and Analysis

6.3.2 Latvia Compostable Plastic Market Revenues & Volume, By Direct Company Sale , 2021-2031F

6.3.3 Latvia Compostable Plastic Market Revenues & Volume, By Direct Import , 2021-2031F

6.3.4 Latvia Compostable Plastic Market Revenues & Volume, By Distributors , 2021-2031F

6.3.5 Latvia Compostable Plastic Market Revenues & Volume, By Traders, 2021-2031F

7 Latvia Compostable Plastic Market Import-Export Trade Statistics

7.1 Latvia Compostable Plastic Market Export to Major Countries

7.2 Latvia Compostable Plastic Market Imports from Major Countries

8 Latvia Compostable Plastic Market Key Performance Indicators

9 Latvia Compostable Plastic Market - Opportunity Assessment

9.1 Latvia Compostable Plastic Market Opportunity Assessment, By Type , 2021 & 2031F

9.2 Latvia Compostable Plastic Market Opportunity Assessment, By End-Use , 2021 & 2031F

9.3 Latvia Compostable Plastic Market Opportunity Assessment, By Sales Channel , 2021 & 2031F

10 Latvia Compostable Plastic Market - Competitive Landscape

10.1 Latvia Compostable Plastic Market Revenue Share, By Companies, 2024

10.2 Latvia Compostable Plastic Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Africa Compostable Plastic Market

Asia Pacific Compostable Plastic Market

Europe Compostable Plastic Market

Global Compostable Plastic Market

Republic of Moldova Compostable Plastic Market

Rwanda Compostable Plastic Market

Saint Kitts and Nevis Compostable Plastic Market

Saint Lucia Compostable Plastic Market

Saint Vincent and the Grenadines Compostable Plastic Market

Export potential assessment - trade Analytics for 2030

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.

To discover high-growth global markets and optimize your business strategy:

Click Here