| Product Code: ETC4975318 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Latvia industrial drums import market saw a significant increase in concentration levels in 2024, with top exporting countries being Poland, Estonia, Italy, Germany, and Czechia. The high concentration indicates a strong presence of these key players in the market. The industry experienced a notable growth rate of 14.05% in 2024, contributing to a commendable compound annual growth rate of 10.03% from 2020 to 2024. This data suggests a thriving market for industrial drums imports in Latvia, with potential opportunities for further expansion and development in the coming years.

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 Industrial Drums Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Industrial Drums Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Industrial Drums Market - Industry Life Cycle |
3.4 Latvia Industrial Drums Market - Porter's Five Forces |
3.5 Latvia Industrial Drums Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Industrial Drums Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.7 Latvia Industrial Drums Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Latvia Industrial Drums Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for industrial drums due to growth in the chemical and pharmaceutical industries in Latvia |
4.2.2 Rising focus on sustainable packaging solutions driving the adoption of eco-friendly industrial drums |
4.2.3 Growth in the manufacturing sector leading to higher usage of industrial drums for storage and transportation purposes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production costs of industrial drums |
4.3.2 Stringent regulations and standards related to packaging materials affecting the market growth |
4.3.3 Competition from alternative packaging solutions such as bulk containers and flexitanks |
5 Latvia Industrial Drums Market Trends |
6 Latvia Industrial Drums Market Segmentations |
6.1 Latvia Industrial Drums Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Industrial Drums Market Revenues & Volume, By Steel Drum, 2021-2031F |
6.1.3 Latvia Industrial Drums Market Revenues & Volume, By Plastic Drum, 2021-2031F |
6.1.4 Latvia Industrial Drums Market Revenues & Volume, By Fiber Drum, 2021-2031F |
6.2 Latvia Industrial Drums Market, By Capacity |
6.2.1 Overview and Analysis |
6.2.2 Latvia Industrial Drums Market Revenues & Volume, By Up to 100 Liter, 2021-2031F |
6.2.3 Latvia Industrial Drums Market Revenues & Volume, By 100 to 250 Liter, 2021-2031F |
6.2.4 Latvia Industrial Drums Market Revenues & Volume, By 250 to 500 Liter, 2021-2031F |
6.2.5 Latvia Industrial Drums Market Revenues & Volume, By Above 500 Liter, 2021-2031F |
6.3 Latvia Industrial Drums Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Industrial Drums Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.3 Latvia Industrial Drums Market Revenues & Volume, By Chemical & Fertilizers, 2021-2031F |
6.3.4 Latvia Industrial Drums Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.5 Latvia Industrial Drums Market Revenues & Volume, By Petroleum & Lubricants, 2021-2031F |
6.3.6 Latvia Industrial Drums Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.7 Latvia Industrial Drums Market Revenues & Volume, By Paints, Inks, & Dyes, 2021-2031F |
7 Latvia Industrial Drums Market Import-Export Trade Statistics |
7.1 Latvia Industrial Drums Market Export to Major Countries |
7.2 Latvia Industrial Drums Market Imports from Major Countries |
8 Latvia Industrial Drums Market Key Performance Indicators |
8.1 Recycling rate of industrial drums in Latvia |
8.2 Number of new product innovations in the industrial drums market |
8.3 Adoption rate of reusable industrial drums in key industries |
9 Latvia Industrial Drums Market - Opportunity Assessment |
9.1 Latvia Industrial Drums Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Industrial Drums Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.3 Latvia Industrial Drums Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Latvia Industrial Drums Market - Competitive Landscape |
10.1 Latvia Industrial Drums Market Revenue Share, By Companies, 2024 |
10.2 Latvia Industrial Drums Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |