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

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

Market Forecast By Material (PLA (Polylactic acid), PHA (Polyhydroxyalkanoates), Starch blends, Other Biodegradable polymers), By Applications (Food packaging, Industrial packaging, Personal care & cosmetics, Agriculture & horticulture), By Product Type (Unprinted, Printed) And Competitive Landscape

Product Code: ETC7908216	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 Compostable Shrink Wrap Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Despite a slight decline in growth rate in 2024, Latvia continues to be a prominent importer of compostable shrink wrap. The top exporting countries to Latvia include Lithuania, Poland, and Estonia, showcasing strong regional trade partnerships. With a low Herfindahl-Hirschman Index indicating low market concentration, the industry remains competitive and diverse. The compound annual growth rate (CAGR) from 2020 to 2024 stands at a steady 2.15%, reflecting sustained market expansion. Overall, Latvia`s import market for compostable shrink wrap appears stable and well-connected within the region.

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

Key Highlights of the Report:

Latvia Compostable Shrink Wrap Market Outlook
Market Size of Latvia Compostable Shrink Wrap Market, 2024
Forecast of Latvia Compostable Shrink Wrap Market, 2031
Historical Data and Forecast of Latvia Compostable Shrink Wrap Revenues & Volume for the Period 2021- 2031
Latvia Compostable Shrink Wrap Market Trend Evolution
Latvia Compostable Shrink Wrap Market Drivers and Challenges
Latvia Compostable Shrink Wrap Price Trends
Latvia Compostable Shrink Wrap Porter's Five Forces
Latvia Compostable Shrink Wrap Industry Life Cycle
Historical Data and Forecast of Latvia Compostable Shrink Wrap Market Revenues & Volume By Material for the Period 2021- 2031
Historical Data and Forecast of Latvia Compostable Shrink Wrap Market Revenues & Volume By PLA (Polylactic acid) for the Period 2021- 2031
Historical Data and Forecast of Latvia Compostable Shrink Wrap Market Revenues & Volume By PHA (Polyhydroxyalkanoates) for the Period 2021- 2031
Historical Data and Forecast of Latvia Compostable Shrink Wrap Market Revenues & Volume By Starch blends for the Period 2021- 2031
Historical Data and Forecast of Latvia Compostable Shrink Wrap Market Revenues & Volume By Other Biodegradable polymers for the Period 2021- 2031
Historical Data and Forecast of Latvia Compostable Shrink Wrap Market Revenues & Volume By Applications for the Period 2021- 2031
Historical Data and Forecast of Latvia Compostable Shrink Wrap Market Revenues & Volume By Food packaging for the Period 2021- 2031
Historical Data and Forecast of Latvia Compostable Shrink Wrap Market Revenues & Volume By Industrial packaging for the Period 2021- 2031
Historical Data and Forecast of Latvia Compostable Shrink Wrap Market Revenues & Volume By Personal care & cosmetics for the Period 2021- 2031
Historical Data and Forecast of Latvia Compostable Shrink Wrap Market Revenues & Volume By Agriculture & horticulture for the Period 2021- 2031
Historical Data and Forecast of Latvia Compostable Shrink Wrap Market Revenues & Volume By Product Type for the Period 2021- 2031
Historical Data and Forecast of Latvia Compostable Shrink Wrap Market Revenues & Volume By Unprinted for the Period 2021- 2031
Historical Data and Forecast of Latvia Compostable Shrink Wrap Market Revenues & Volume By Printed for the Period 2021- 2031
Latvia Compostable Shrink Wrap Import Export Trade Statistics
Market Opportunity Assessment By Material
Market Opportunity Assessment By Applications
Market Opportunity Assessment By Product Type
Latvia Compostable Shrink Wrap Top Companies Market Share
Latvia Compostable Shrink Wrap Competitive Benchmarking By Technical and Operational Parameters
Latvia Compostable Shrink Wrap Company Profiles
Latvia Compostable Shrink Wrap Key Strategic Recommendations

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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 Shrink Wrap Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Compostable Shrink Wrap Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Compostable Shrink Wrap Market - Industry Life Cycle

3.4 Latvia Compostable Shrink Wrap Market - Porter's Five Forces

3.5 Latvia Compostable Shrink Wrap Market Revenues & Volume Share, By Material, 2021 & 2031F

3.6 Latvia Compostable Shrink Wrap Market Revenues & Volume Share, By Applications, 2021 & 2031F

3.7 Latvia Compostable Shrink Wrap Market Revenues & Volume Share, By Product Type, 2021 & 2031F

4 Latvia Compostable Shrink Wrap Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Latvia Compostable Shrink Wrap Market Trends

6 Latvia Compostable Shrink Wrap Market, By Types

6.1 Latvia Compostable Shrink Wrap Market, By Material

6.1.1 Overview and Analysis

6.1.2 Latvia Compostable Shrink Wrap Market Revenues & Volume, By Material, 2021- 2031F

6.1.3 Latvia Compostable Shrink Wrap Market Revenues & Volume, By PLA (Polylactic acid), 2021- 2031F

6.1.4 Latvia Compostable Shrink Wrap Market Revenues & Volume, By PHA (Polyhydroxyalkanoates), 2021- 2031F

6.1.5 Latvia Compostable Shrink Wrap Market Revenues & Volume, By Starch blends, 2021- 2031F

6.1.6 Latvia Compostable Shrink Wrap Market Revenues & Volume, By Other Biodegradable polymers, 2021- 2031F

6.2 Latvia Compostable Shrink Wrap Market, By Applications

6.2.1 Overview and Analysis

6.2.2 Latvia Compostable Shrink Wrap Market Revenues & Volume, By Food packaging, 2021- 2031F

6.2.3 Latvia Compostable Shrink Wrap Market Revenues & Volume, By Industrial packaging, 2021- 2031F

6.2.4 Latvia Compostable Shrink Wrap Market Revenues & Volume, By Personal care & cosmetics, 2021- 2031F

6.2.5 Latvia Compostable Shrink Wrap Market Revenues & Volume, By Agriculture & horticulture, 2021- 2031F

6.3 Latvia Compostable Shrink Wrap Market, By Product Type

6.3.1 Overview and Analysis

6.3.2 Latvia Compostable Shrink Wrap Market Revenues & Volume, By Unprinted, 2021- 2031F

6.3.3 Latvia Compostable Shrink Wrap Market Revenues & Volume, By Printed, 2021- 2031F

7 Latvia Compostable Shrink Wrap Market Import-Export Trade Statistics

7.1 Latvia Compostable Shrink Wrap Market Export to Major Countries

7.2 Latvia Compostable Shrink Wrap Market Imports from Major Countries

8 Latvia Compostable Shrink Wrap Market Key Performance Indicators

9 Latvia Compostable Shrink Wrap Market - Opportunity Assessment

9.1 Latvia Compostable Shrink Wrap Market Opportunity Assessment, By Material, 2021 & 2031F

9.2 Latvia Compostable Shrink Wrap Market Opportunity Assessment, By Applications, 2021 & 2031F

9.3 Latvia Compostable Shrink Wrap Market Opportunity Assessment, By Product Type, 2021 & 2031F

10 Latvia Compostable Shrink Wrap Market - Competitive Landscape

10.1 Latvia Compostable Shrink Wrap Market Revenue Share, By Companies, 2024

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

11 Company Profiles

12 Recommendations

13 Disclaimer

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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.

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