| Product Code: ETC5520865 | 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 |
Latvia`s hollow glassware import market in 2024 continued to be fueled by shipments primarily from Poland, China, Lithuania, Finland, and Germany. The market displayed moderate concentration levels with a slight growth trajectory, as indicated by the 0.96 CAGR from 2020 to 2024. The growth rate of 4.68 from 2023 to 2024 suggests a positive momentum in the import market, signaling potential opportunities for market players to capitalize on the demand for hollow glassware 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 Hollow Glassware Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Hollow Glassware Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Hollow Glassware Market - Industry Life Cycle |
3.4 Latvia Hollow Glassware Market - Porter's Five Forces |
3.5 Latvia Hollow Glassware Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Hollow Glassware Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Hollow Glassware Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable packaging solutions |
4.2.2 Growing popularity of premium and high-quality glassware products |
4.2.3 Innovations in glass manufacturing technologies and designs |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices such as silica and soda ash |
4.3.2 Intense competition from alternative packaging materials like plastic and metal |
4.3.3 Impact of economic conditions on consumer spending habits |
5 Latvia Hollow Glassware Market Trends |
6 Latvia Hollow Glassware Market Segmentations |
6.1 Latvia Hollow Glassware Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Hollow Glassware Market Revenues & Volume, By Medium Borosilicate, 2021-2031F |
6.1.3 Latvia Hollow Glassware Market Revenues & Volume, By High Borosilicate, 2021-2031F |
6.2 Latvia Hollow Glassware Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Hollow Glassware Market Revenues & Volume, By Solar Energy Tubes, 2021-2031F |
6.2.3 Latvia Hollow Glassware Market Revenues & Volume, By Laboratory Apparatus, 2021-2031F |
6.2.4 Latvia Hollow Glassware Market Revenues & Volume, By Heat Glassware, 2021-2031F |
6.2.5 Latvia Hollow Glassware Market Revenues & Volume, By Chemical Tubes, 2021-2031F |
6.2.6 Latvia Hollow Glassware Market Revenues & Volume, By Pharmaceutical Packaging, 2021-2031F |
6.2.7 Latvia Hollow Glassware Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Hollow Glassware Market Import-Export Trade Statistics |
7.1 Latvia Hollow Glassware Market Export to Major Countries |
7.2 Latvia Hollow Glassware Market Imports from Major Countries |
8 Latvia Hollow Glassware Market Key Performance Indicators |
8.1 Average selling price (ASP) of hollow glassware products |
8.2 Percentage of revenue generated from new product launches |
8.3 Customer satisfaction score for glassware quality and design |
9 Latvia Hollow Glassware Market - Opportunity Assessment |
9.1 Latvia Hollow Glassware Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Hollow Glassware Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Hollow Glassware Market - Competitive Landscape |
10.1 Latvia Hollow Glassware Market Revenue Share, By Companies, 2024 |
10.2 Latvia Hollow Glassware 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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