| Product Code: ETC7912996 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s high-grade bubble wrap import market saw steady growth in 2024, with top exporters being Lithuania, Poland, Turkey, Spain, and the Netherlands. Despite a slight decline in the compound annual growth rate from 2020 to 2024, the market showed resilience with a positive growth rate of 4.9% in 2024. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained at a moderate level, indicating a competitive landscape. This data suggests a stable and promising outlook for the high-grade bubble wrap import market 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 High-Grade Bubble Wrap Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia High-Grade Bubble Wrap Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia High-Grade Bubble Wrap Market - Industry Life Cycle |
3.4 Latvia High-Grade Bubble Wrap Market - Porter's Five Forces |
3.5 Latvia High-Grade Bubble Wrap Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia High-Grade Bubble Wrap Market Revenues & Volume Share, By End Users, 2021 & 2031F |
4 Latvia High-Grade Bubble Wrap Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in e-commerce industry leading to increased demand for packaging materials. |
4.2.2 Focus on sustainable packaging solutions driving adoption of high-grade bubble wrap. |
4.2.3 Increasing awareness about the importance of product protection during transportation. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs. |
4.3.2 Competition from alternative packaging materials like air pillows and paper packaging. |
4.3.3 Stringent regulations on the use of plastic packaging materials. |
5 Latvia High-Grade Bubble Wrap Market Trends |
6 Latvia High-Grade Bubble Wrap Market, By Types |
6.1 Latvia High-Grade Bubble Wrap Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia High-Grade Bubble Wrap Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia High-Grade Bubble Wrap Market Revenues & Volume, By Polyethylene (PE), 2021- 2031F |
6.1.4 Latvia High-Grade Bubble Wrap Market Revenues & Volume, By Polyamide (PA), 2021- 2031F |
6.1.5 Latvia High-Grade Bubble Wrap Market Revenues & Volume, By Polyethylene Terephthalate (PET), 2021- 2031F |
6.1.6 Latvia High-Grade Bubble Wrap Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia High-Grade Bubble Wrap Market, By End Users |
6.2.1 Overview and Analysis |
6.2.2 Latvia High-Grade Bubble Wrap Market Revenues & Volume, By Personal Care, 2021- 2031F |
6.2.3 Latvia High-Grade Bubble Wrap Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.2.4 Latvia High-Grade Bubble Wrap Market Revenues & Volume, By Homecare, 2021- 2031F |
6.2.5 Latvia High-Grade Bubble Wrap Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.6 Latvia High-Grade Bubble Wrap Market Revenues & Volume, By Shipping, 2021- 2031F |
6.2.7 Latvia High-Grade Bubble Wrap Market Revenues & Volume, By Logistics, 2021- 2031F |
7 Latvia High-Grade Bubble Wrap Market Import-Export Trade Statistics |
7.1 Latvia High-Grade Bubble Wrap Market Export to Major Countries |
7.2 Latvia High-Grade Bubble Wrap Market Imports from Major Countries |
8 Latvia High-Grade Bubble Wrap Market Key Performance Indicators |
8.1 Percentage of e-commerce sales in Latvia. |
8.2 Number of companies adopting sustainable packaging practices. |
8.3 Rate of damage during transportation reported by businesses. |
9 Latvia High-Grade Bubble Wrap Market - Opportunity Assessment |
9.1 Latvia High-Grade Bubble Wrap Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia High-Grade Bubble Wrap Market Opportunity Assessment, By End Users, 2021 & 2031F |
10 Latvia High-Grade Bubble Wrap Market - Competitive Landscape |
10.1 Latvia High-Grade Bubble Wrap Market Revenue Share, By Companies, 2024 |
10.2 Latvia High-Grade Bubble Wrap 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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