| Product Code: ETC5522727 | 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 |
In 2024, Latvia continued to heavily rely on corrugated paper and paperboard imports from neighboring countries such as Lithuania, Estonia, and Poland, as well as from Czechia and Sweden. The high Herfindahl-Hirschman Index (HHI) indicates a market with significant concentration among a few key exporters. Despite a modest compound annual growth rate (CAGR) of 3.22% from 2020 to 2024, the negative growth rate of -7.76% in 2024 highlights potential challenges or shifts in the market dynamics that importers and stakeholders should monitor closely.

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 Paper and Paperboard Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Corrugated Paper and Paperboard Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Corrugated Paper and Paperboard Market - Industry Life Cycle |
3.4 Latvia Corrugated Paper and Paperboard Market - Porter's Five Forces |
3.5 Latvia Corrugated Paper and Paperboard Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Latvia Corrugated Paper and Paperboard Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Latvia Corrugated Paper and Paperboard Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Corrugated Paper and Paperboard Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable packaging solutions |
4.2.2 Growth in e-commerce industry leading to higher demand for corrugated packaging |
4.2.3 Technological advancements in manufacturing processes improving efficiency and quality |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition in the market leading to pricing pressures |
4.3.3 Regulatory challenges related to environmental sustainability and waste management |
5 Latvia Corrugated Paper and Paperboard Market Trends |
6 Latvia Corrugated Paper and Paperboard Market Segmentations |
6.1 Latvia Corrugated Paper and Paperboard Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Latvia Corrugated Paper and Paperboard Market Revenues & Volume, By Paperboard, 2021-2031F |
6.1.3 Latvia Corrugated Paper and Paperboard Market Revenues & Volume, By Adhesives, 2021-2031F |
6.1.4 Latvia Corrugated Paper and Paperboard Market Revenues & Volume, By Inks, 2021-2031F |
6.1.5 Latvia Corrugated Paper and Paperboard Market Revenues & Volume, By Waxes, 2021-2031F |
6.2 Latvia Corrugated Paper and Paperboard Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Latvia Corrugated Paper and Paperboard Market Revenues & Volume, By Corrugated & Solid fiber boxes, 2021-2031F |
6.2.3 Latvia Corrugated Paper and Paperboard Market Revenues & Volume, By Set-up Paperboard boxes, 2021-2031F |
6.2.4 Latvia Corrugated Paper and Paperboard Market Revenues & Volume, By Folding Paperboard boxes, 2021-2031F |
6.3 Latvia Corrugated Paper and Paperboard Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Corrugated Paper and Paperboard Market Revenues & Volume, By Durable goods, 2021-2031F |
6.3.3 Latvia Corrugated Paper and Paperboard Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.4 Latvia Corrugated Paper and Paperboard Market Revenues & Volume, By Paper & Publishing, 2021-2031F |
6.3.5 Latvia Corrugated Paper and Paperboard Market Revenues & Volume, By Chemicals, 2021-2031F |
7 Latvia Corrugated Paper and Paperboard Market Import-Export Trade Statistics |
7.1 Latvia Corrugated Paper and Paperboard Market Export to Major Countries |
7.2 Latvia Corrugated Paper and Paperboard Market Imports from Major Countries |
8 Latvia Corrugated Paper and Paperboard Market Key Performance Indicators |
8.1 Percentage of recycled content in corrugated paper and paperboard production |
8.2 Adoption rate of innovative packaging solutions in the market |
8.3 Efficiency improvement in manufacturing processes |
8.4 Supplier sustainability performance ratings |
8.5 Customer satisfaction ratings related to packaging quality and sustainability |
9 Latvia Corrugated Paper and Paperboard Market - Opportunity Assessment |
9.1 Latvia Corrugated Paper and Paperboard Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Latvia Corrugated Paper and Paperboard Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Latvia Corrugated Paper and Paperboard Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Corrugated Paper and Paperboard Market - Competitive Landscape |
10.1 Latvia Corrugated Paper and Paperboard Market Revenue Share, By Companies, 2024 |
10.2 Latvia Corrugated Paper and Paperboard 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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