| Product Code: ETC12169333 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Latvia saw steady growth in flexitanks import shipments with Lithuania, Poland, Estonia, Slovakia, and Germany emerging as key exporting countries. The market remained relatively competitive with low concentration, indicated by the Herfindahl-Hirschman Index (HHI). Despite a slight dip in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-2024 stood at a promising 2.15%, suggesting a stable and gradually expanding market for flexitanks 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 Flexitanks Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Flexitanks Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Flexitanks Market - Industry Life Cycle |
3.4 Latvia Flexitanks Market - Porter's Five Forces |
3.5 Latvia Flexitanks Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Latvia Flexitanks Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Flexitanks Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Latvia Flexitanks Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.9 Latvia Flexitanks Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Flexitanks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for bulk liquid transportation solutions in Latvia |
4.2.2 Cost-effectiveness and efficiency of flexitanks compared to traditional packaging methods |
4.2.3 Increasing focus on sustainability and environmental-friendly packaging solutions |
4.3 Market Restraints |
4.3.1 Lack of awareness about flexitanks among potential users in Latvia |
4.3.2 Regulatory challenges and compliance issues related to the transportation of liquids in flexitanks |
5 Latvia Flexitanks Market Trends |
6 Latvia Flexitanks Market, By Types |
6.1 Latvia Flexitanks Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Flexitanks Market Revenues & Volume, By Material Type, 2021 - 2031F |
6.1.3 Latvia Flexitanks Market Revenues & Volume, By Polyethylene Flexitanks, 2021 - 2031F |
6.1.4 Latvia Flexitanks Market Revenues & Volume, By PVC Flexitanks, 2021 - 2031F |
6.1.5 Latvia Flexitanks Market Revenues & Volume, By Polyester Flexitanks, 2021 - 2031F |
6.1.6 Latvia Flexitanks Market Revenues & Volume, By Composite Flexitanks, 2021 - 2031F |
6.2 Latvia Flexitanks Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Flexitanks Market Revenues & Volume, By Bulk Liquids Transport, 2021 - 2031F |
6.2.3 Latvia Flexitanks Market Revenues & Volume, By Hazardous Liquids Transport, 2021 - 2031F |
6.2.4 Latvia Flexitanks Market Revenues & Volume, By Non-Hazardous Liquids Transport, 2021 - 2031F |
6.2.5 Latvia Flexitanks Market Revenues & Volume, By Chemicals Transport, 2021 - 2031F |
6.3 Latvia Flexitanks Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Flexitanks Market Revenues & Volume, By Food & Beverages, 2021 - 2031F |
6.3.3 Latvia Flexitanks Market Revenues & Volume, By Oil & Gas, 2021 - 2031F |
6.3.4 Latvia Flexitanks Market Revenues & Volume, By Agriculture, 2021 - 2031F |
6.3.5 Latvia Flexitanks Market Revenues & Volume, By Industrial Products, 2021 - 2031F |
6.4 Latvia Flexitanks Market, By Capacity |
6.4.1 Overview and Analysis |
6.4.2 Latvia Flexitanks Market Revenues & Volume, By 10,000-24,000 Liters, 2021 - 2031F |
6.4.3 Latvia Flexitanks Market Revenues & Volume, By 25,000-50,000 Liters, 2021 - 2031F |
6.4.4 Latvia Flexitanks Market Revenues & Volume, By 50,000-80,000 Liters, 2021 - 2031F |
6.4.5 Latvia Flexitanks Market Revenues & Volume, By 80,000-120,000 Liters, 2021 - 2031F |
6.5 Latvia Flexitanks Market, By End User |
6.5.1 Overview and Analysis |
6.5.2 Latvia Flexitanks Market Revenues & Volume, By Chemical Industry, 2021 - 2031F |
6.5.3 Latvia Flexitanks Market Revenues & Volume, By Pharmaceuticals, 2021 - 2031F |
6.5.4 Latvia Flexitanks Market Revenues & Volume, By E-Commerce, 2021 - 2031F |
6.5.5 Latvia Flexitanks Market Revenues & Volume, By Logistics, 2021 - 2031F |
7 Latvia Flexitanks Market Import-Export Trade Statistics |
7.1 Latvia Flexitanks Market Export to Major Countries |
7.2 Latvia Flexitanks Market Imports from Major Countries |
8 Latvia Flexitanks Market Key Performance Indicators |
8.1 Average utilization rate of flexitanks in Latvia |
8.2 Number of new entrants in the flexitank market in Latvia |
8.3 Rate of adoption of flexitanks by key industries in Latvia |
8.4 Percentage of cost savings achieved by companies using flexitanks |
8.5 Environmental impact assessment of flexitank usage in Latvia |
9 Latvia Flexitanks Market - Opportunity Assessment |
9.1 Latvia Flexitanks Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Latvia Flexitanks Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Flexitanks Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Latvia Flexitanks Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.5 Latvia Flexitanks Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Flexitanks Market - Competitive Landscape |
10.1 Latvia Flexitanks Market Revenue Share, By Companies, 2024 |
10.2 Latvia Flexitanks 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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