| Product Code: ETC5059241 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia continued to rely on key cork material imports from Portugal, Poland, Lithuania, Germany, and China. Despite a declining Compound Annual Growth Rate (CAGR) of -2.29% from 2020 to 2024 and a negative growth rate of -3.83% from 2023 to 2024, the Herfindahl-Hirschman Index (HHI) indicated sustained high concentration within the market. This trend suggests that Latvia`s cork material import market remains stable but with challenges that may require strategic adjustments for future growth and sustainability.

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 Cork Material Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Cork Material Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Cork Material Market - Industry Life Cycle |
3.4 Latvia Cork Material Market - Porter's Five Forces |
3.5 Latvia Cork Material Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Cork Material Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Cork Material Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable materials in various industries |
4.2.2 Growing awareness about the benefits of cork material such as durability, insulating properties, and recyclability |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw cork material due to environmental factors and market conditions |
4.3.2 Competition from other alternative materials like plastic, metal, and synthetic materials |
5 Latvia Cork Material Market Trends |
6 Latvia Cork Material Market Segmentations |
6.1 Latvia Cork Material Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Cork Material Market Revenues & Volume, By Anti-vibration Products, 2021-2031F |
6.1.3 Latvia Cork Material Market Revenues & Volume, By Clutch Plates, 2021-2031F |
6.1.4 Latvia Cork Material Market Revenues & Volume, By Diy, 2021-2031F |
6.1.5 Latvia Cork Material Market Revenues & Volume, By Flooring Product, 2021-2031F |
6.1.6 Latvia Cork Material Market Revenues & Volume, By Sheets & Rolls, 2021-2031F |
6.1.7 Latvia Cork Material Market Revenues & Volume, By Polish Wheels, 2021-2031F |
6.2 Latvia Cork Material Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Cork Material Market Revenues & Volume, By Wine Bottles, 2021-2031F |
6.2.3 Latvia Cork Material Market Revenues & Volume, By Thermal Insulation, 2021-2031F |
6.2.4 Latvia Cork Material Market Revenues & Volume, By Building & Decorations, 2021-2031F |
6.2.5 Latvia Cork Material Market Revenues & Volume, By Sports, 2021-2031F |
6.2.6 Latvia Cork Material Market Revenues & Volume, By Bulletin Boards, 2021-2031F |
6.2.7 Latvia Cork Material Market Revenues & Volume, By Aerospace, 2021-2031F |
7 Latvia Cork Material Market Import-Export Trade Statistics |
7.1 Latvia Cork Material Market Export to Major Countries |
7.2 Latvia Cork Material Market Imports from Major Countries |
8 Latvia Cork Material Market Key Performance Indicators |
8.1 Number of new product launches using cork material |
8.2 Percentage increase in the adoption of cork material in different industries |
8.3 Innovation rate in cork material production techniques |
8.4 Percentage growth in cork material exports |
8.5 Number of partnerships or collaborations for research and development in cork material industry |
9 Latvia Cork Material Market - Opportunity Assessment |
9.1 Latvia Cork Material Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Cork Material Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Cork Material Market - Competitive Landscape |
10.1 Latvia Cork Material Market Revenue Share, By Companies, 2024 |
10.2 Latvia Cork Material Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |