| Product Code: ETC5177079 | 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 |
Latvia continues to see a steady increase in corrugated equipment import shipments, with top exporting countries such as China, Italy, and Germany leading the way in 2024. The market remains competitive with low concentration as indicated by the Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) for the period 2020-2024 stands at a strong 11.62%, showing sustained growth in demand. Moreover, the growth rate from 2023 to 2024 is 5.16%, reflecting a positive trend in the market for corrugated equipment imports 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 Corrugated Equipment Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Corrugated Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Corrugated Equipment Market - Industry Life Cycle |
3.4 Latvia Corrugated Equipment Market - Porter's Five Forces |
3.5 Latvia Corrugated Equipment Market Revenues & Volume Share, By Equipment, 2021 & 2031F |
3.6 Latvia Corrugated Equipment Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 Latvia Corrugated Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for sustainable packaging solutions |
4.2.2 Increasing adoption of e-commerce leading to higher demand for corrugated packaging |
4.2.3 Technological advancements in corrugated equipment leading to improved efficiency and productivity |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition among corrugated equipment manufacturers |
4.3.3 Regulatory challenges related to environmental standards and waste management |
5 Latvia Corrugated Equipment Market Trends |
6 Latvia Corrugated Equipment Market Segmentations |
6.1 Latvia Corrugated Equipment Market, By Equipment |
6.1.1 Overview and Analysis |
6.1.2 Latvia Corrugated Equipment Market Revenues & Volume, By Non-HQ Flexo, 2021-2031F |
6.1.3 Latvia Corrugated Equipment Market Revenues & Volume, By HQ Flexo, 2021-2031F |
6.1.4 Latvia Corrugated Equipment Market Revenues & Volume, By Sheet-to-sheet litho-laminators, 2021-2031F |
6.1.5 Latvia Corrugated Equipment Market Revenues & Volume, By Web-to-web litho-laminators, 2021-2031F |
6.1.6 Latvia Corrugated Equipment Market Revenues & Volume, By Web-to- sheet litho-laminators, 2021-2031F |
6.2 Latvia Corrugated Equipment Market, By Industry |
6.2.1 Overview and Analysis |
6.2.2 Latvia Corrugated Equipment Market Revenues & Volume, By Food & beverages, 2021-2031F |
6.2.3 Latvia Corrugated Equipment Market Revenues & Volume, By Electrical & electronics, 2021-2031F |
6.2.4 Latvia Corrugated Equipment Market Revenues & Volume, By Home & personal care, 2021-2031F |
6.2.5 Latvia Corrugated Equipment Market Revenues & Volume, By Textile, 2021-2031F |
6.2.6 Latvia Corrugated Equipment Market Revenues & Volume, By Paper & pulp, 2021-2031F |
6.2.7 Latvia Corrugated Equipment Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
7 Latvia Corrugated Equipment Market Import-Export Trade Statistics |
7.1 Latvia Corrugated Equipment Market Export to Major Countries |
7.2 Latvia Corrugated Equipment Market Imports from Major Countries |
8 Latvia Corrugated Equipment Market Key Performance Indicators |
8.1 Average machine uptime percentage |
8.2 Rate of new product development and innovation |
8.3 Customer satisfaction index with equipment performance |
8.4 Percentage of revenue invested in research and development |
8.5 Adoption rate of automation and digitalization in production processes |
9 Latvia Corrugated Equipment Market - Opportunity Assessment |
9.1 Latvia Corrugated Equipment Market Opportunity Assessment, By Equipment, 2021 & 2031F |
9.2 Latvia Corrugated Equipment Market Opportunity Assessment, By Industry, 2021 & 2031F |
10 Latvia Corrugated Equipment Market - Competitive Landscape |
10.1 Latvia Corrugated Equipment Market Revenue Share, By Companies, 2024 |
10.2 Latvia Corrugated Equipment 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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