| Product Code: ETC7908840 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of cryogenic vials to Latvia in 2024 continued to be dominated by neighboring countries Estonia and Lithuania, as well as global players such as China, Poland, and Germany. The High Herfindahl-Hirschman Index (HHI) indicates a very high concentration in the market, which could potentially impact competition. With a negative Compound Annual Growth Rate (CAGR) from 2020 to 2024 and a significant decline in growth rate from 2023 to 2024, it seems that the market for cryogenic vials in Latvia is facing challenges and experiencing a downturn in recent years.

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 Cryogenic Vials Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Cryogenic Vials Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Cryogenic Vials Market - Industry Life Cycle |
3.4 Latvia Cryogenic Vials Market - Porter's Five Forces |
3.5 Latvia Cryogenic Vials Market Revenues & Volume Share, By Capacity Type, 2021 & 2031F |
3.6 Latvia Cryogenic Vials Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Latvia Cryogenic Vials Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.8 Latvia Cryogenic Vials Market Revenues & Volume Share, By End-use, 2021 & 2031F |
3.9 Latvia Cryogenic Vials Market Revenues & Volume Share, By Closure Type, 2021 & 2031F |
4 Latvia Cryogenic Vials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for cryogenic vials in medical and research industries due to the growth in biobanking and personalized medicine. |
4.2.2 Technological advancements leading to the development of more efficient and reliable cryogenic vials. |
4.2.3 Growing focus on preserving cell cultures and biological samples, driving the need for high-quality cryogenic vials. |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up cryogenic vial storage facilities. |
4.3.2 Stringent regulations and standards governing the production and use of cryogenic vials, which may limit market growth. |
4.3.3 Limited awareness about the benefits of cryogenic vials among end-users, hindering adoption. |
5 Latvia Cryogenic Vials Market Trends |
6 Latvia Cryogenic Vials Market, By Types |
6.1 Latvia Cryogenic Vials Market, By Capacity Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Cryogenic Vials Market Revenues & Volume, By Capacity Type, 2021- 2031F |
6.1.3 Latvia Cryogenic Vials Market Revenues & Volume, By 0.5ml-1ml, 2021- 2031F |
6.1.4 Latvia Cryogenic Vials Market Revenues & Volume, By 1ml-2ml, 2021- 2031F |
6.1.5 Latvia Cryogenic Vials Market Revenues & Volume, By 2ml-5ml, 2021- 2031F |
6.2 Latvia Cryogenic Vials Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Cryogenic Vials Market Revenues & Volume, By Self-standing, 2021- 2031F |
6.2.3 Latvia Cryogenic Vials Market Revenues & Volume, By Round bottom, 2021- 2031F |
6.3 Latvia Cryogenic Vials Market, By Material Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Cryogenic Vials Market Revenues & Volume, By Polypropylene, 2021- 2031F |
6.3.3 Latvia Cryogenic Vials Market Revenues & Volume, By Polyethylene, 2021- 2031F |
6.4 Latvia Cryogenic Vials Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Latvia Cryogenic Vials Market Revenues & Volume, By Research organization, 2021- 2031F |
6.4.3 Latvia Cryogenic Vials Market Revenues & Volume, By Drug manufacturers, 2021- 2031F |
6.4.4 Latvia Cryogenic Vials Market Revenues & Volume, By Healthcare institutions, 2021- 2031F |
6.4.5 Latvia Cryogenic Vials Market Revenues & Volume, By Others, 2021- 2031F |
6.5 Latvia Cryogenic Vials Market, By Closure Type |
6.5.1 Overview and Analysis |
6.5.2 Latvia Cryogenic Vials Market Revenues & Volume, By External thread, 2021- 2031F |
6.5.3 Latvia Cryogenic Vials Market Revenues & Volume, By Internal thread, 2021- 2031F |
7 Latvia Cryogenic Vials Market Import-Export Trade Statistics |
7.1 Latvia Cryogenic Vials Market Export to Major Countries |
7.2 Latvia Cryogenic Vials Market Imports from Major Countries |
8 Latvia Cryogenic Vials Market Key Performance Indicators |
8.1 Adoption rate of automated cryogenic vial storage systems. |
8.2 Number of research collaborations and partnerships related to cryogenic vials. |
8.3 Rate of new product development and innovation in the cryogenic vials market. |
9 Latvia Cryogenic Vials Market - Opportunity Assessment |
9.1 Latvia Cryogenic Vials Market Opportunity Assessment, By Capacity Type, 2021 & 2031F |
9.2 Latvia Cryogenic Vials Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Latvia Cryogenic Vials Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.4 Latvia Cryogenic Vials Market Opportunity Assessment, By End-use, 2021 & 2031F |
9.5 Latvia Cryogenic Vials Market Opportunity Assessment, By Closure Type, 2021 & 2031F |
10 Latvia Cryogenic Vials Market - Competitive Landscape |
10.1 Latvia Cryogenic Vials Market Revenue Share, By Companies, 2024 |
10.2 Latvia Cryogenic Vials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |