| Product Code: ETC7911279 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Latvian market for flexible plastic packaging coating imports in 2024 saw significant contributions from top exporting countries including Italy, Lithuania, Germany, Poland, and Bulgaria. Despite a high Herfindahl-Hirschman Index (HHI) indicating concentrated market share, the industry experienced a notable decline with a negative Compound Annual Growth Rate (CAGR) of -20.48% from 2020 to 2024. The growth rate plummeted further in 2024 by -89.79%, suggesting a challenging environment for the sector. Understanding these trends is crucial for stakeholders to navigate the evolving landscape and identify opportunities for strategic growth.

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 Flexible Plastic Packaging Coating Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Flexible Plastic Packaging Coating Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Flexible Plastic Packaging Coating Market - Industry Life Cycle |
3.4 Latvia Flexible Plastic Packaging Coating Market - Porter's Five Forces |
3.5 Latvia Flexible Plastic Packaging Coating Market Revenues & Volume Share, By Coating Type, 2021 & 2031F |
3.6 Latvia Flexible Plastic Packaging Coating Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
4 Latvia Flexible Plastic Packaging Coating Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Flexible Plastic Packaging Coating Market Trends |
6 Latvia Flexible Plastic Packaging Coating Market, By Types |
6.1 Latvia Flexible Plastic Packaging Coating Market, By Coating Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Flexible Plastic Packaging Coating Market Revenues & Volume, By Coating Type, 2021- 2031F |
6.1.3 Latvia Flexible Plastic Packaging Coating Market Revenues & Volume, By Epoxy Coatings, 2021- 2031F |
6.1.4 Latvia Flexible Plastic Packaging Coating Market Revenues & Volume, By Acrylic Coatings, 2021- 2031F |
6.1.5 Latvia Flexible Plastic Packaging Coating Market Revenues & Volume, By Urethane & Polyurethane Coatings, 2021- 2031F |
6.1.6 Latvia Flexible Plastic Packaging Coating Market Revenues & Volume, By Lacquer Coatings, 2021- 2031F |
6.1.7 Latvia Flexible Plastic Packaging Coating Market Revenues & Volume, By Plasma Coatings, 2021- 2031F |
6.1.8 Latvia Flexible Plastic Packaging Coating Market Revenues & Volume, By Polyester Coatings, 2021- 2031F |
6.2 Latvia Flexible Plastic Packaging Coating Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Flexible Plastic Packaging Coating Market Revenues & Volume, By Polyethylene (PE), 2021- 2031F |
6.2.3 Latvia Flexible Plastic Packaging Coating Market Revenues & Volume, By Polyethylene Terephthalate (PET), 2021- 2031F |
6.2.4 Latvia Flexible Plastic Packaging Coating Market Revenues & Volume, By Polyamide (PA), 2021- 2031F |
6.2.5 Latvia Flexible Plastic Packaging Coating Market Revenues & Volume, By Polyvinyl Chloride (PVC), 2021- 2031F |
6.2.6 Latvia Flexible Plastic Packaging Coating Market Revenues & Volume, By Polystyrene (PS), 2021- 2031F |
7 Latvia Flexible Plastic Packaging Coating Market Import-Export Trade Statistics |
7.1 Latvia Flexible Plastic Packaging Coating Market Export to Major Countries |
7.2 Latvia Flexible Plastic Packaging Coating Market Imports from Major Countries |
8 Latvia Flexible Plastic Packaging Coating Market Key Performance Indicators |
9 Latvia Flexible Plastic Packaging Coating Market - Opportunity Assessment |
9.1 Latvia Flexible Plastic Packaging Coating Market Opportunity Assessment, By Coating Type, 2021 & 2031F |
9.2 Latvia Flexible Plastic Packaging Coating Market Opportunity Assessment, By Material Type, 2021 & 2031F |
10 Latvia Flexible Plastic Packaging Coating Market - Competitive Landscape |
10.1 Latvia Flexible Plastic Packaging Coating Market Revenue Share, By Companies, 2024 |
10.2 Latvia Flexible Plastic Packaging Coating 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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