| Product Code: ETC5830888 | 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 see a significant influx of envelope imports from top exporting countries including Finland, Lithuania, Poland, Metropolitan France, and Turkey. Despite a high concentration of market share, the industry experienced a moderate Compound Annual Growth Rate (CAGR) of 4.97% from 2020 to 2024. However, there was a notable decline in growth rate from 2023 to 2024, dropping by -21.9%. This suggests a potential shift or challenges in the envelope import market in Latvia that may require further investigation and strategic considerations for stakeholders.

By 2027, the Envelope market in Latvia is anticipated to reach a growth rate of 0.66%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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 Envelope Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Envelope Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Envelope Market - Industry Life Cycle |
3.4 Latvia Envelope Market - Porter's Five Forces |
3.5 Latvia Envelope Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Envelope Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.7 Latvia Envelope Market Revenues & Volume Share, By Closure, 2021 & 2031F |
4 Latvia Envelope Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly packaging solutions |
4.2.2 Growth in e-commerce and online shopping activities |
4.2.3 Technological advancements leading to innovative envelope designs |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Intense competition from digital communication alternatives |
4.3.3 Regulatory challenges related to packaging waste management |
5 Latvia Envelope Market Trends |
6 Latvia Envelope Market Segmentations |
6.1 Latvia Envelope Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Envelope Market Revenues & Volume, By Baronial, 2021-2031F |
6.1.3 Latvia Envelope Market Revenues & Volume, By A-style, 2021-2031F |
6.1.4 Latvia Envelope Market Revenues & Volume, By Square, 2021-2031F |
6.1.5 Latvia Envelope Market Revenues & Volume, By Booklet, 2021-2031F |
6.1.6 Latvia Envelope Market Revenues & Volume, By Commercial, 2021-2031F |
6.1.7 Latvia Envelope Market Revenues & Volume, By Customized, 2021-2031F |
6.2 Latvia Envelope Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Latvia Envelope Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.3 Latvia Envelope Market Revenues & Volume, By Institutional, 2021-2031F |
6.2.4 Latvia Envelope Market Revenues & Volume, By Household, 2021-2031F |
6.3 Latvia Envelope Market, By Closure |
6.3.1 Overview and Analysis |
6.3.2 Latvia Envelope Market Revenues & Volume, By Remoistening Seal, 2021-2031F |
6.3.3 Latvia Envelope Market Revenues & Volume, By Pressure-sensitive Seal, 2021-2031F |
6.3.4 Latvia Envelope Market Revenues & Volume, By String and Button, 2021-2031F |
7 Latvia Envelope Market Import-Export Trade Statistics |
7.1 Latvia Envelope Market Export to Major Countries |
7.2 Latvia Envelope Market Imports from Major Countries |
8 Latvia Envelope Market Key Performance Indicators |
8.1 Average order value per customer |
8.2 Percentage of revenue from sustainable envelope products |
8.3 Rate of adoption of new envelope designs by customers |
9 Latvia Envelope Market - Opportunity Assessment |
9.1 Latvia Envelope Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Envelope Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.3 Latvia Envelope Market Opportunity Assessment, By Closure, 2021 & 2031F |
10 Latvia Envelope Market - Competitive Landscape |
10.1 Latvia Envelope Market Revenue Share, By Companies, 2024 |
10.2 Latvia Envelope 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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