| Product Code: ETC5742842 | 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 |
In 2024, Latvia continued to be a key importer of industrial foam, with top suppliers being Lithuania, Sweden, Estonia, Poland, and Germany. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a notable Compound Annual Growth Rate (CAGR) of 4.04% from 2020 to 2024, a sharp decline in growth rate of -34.74% from 2023 to 2024 suggests potential market challenges or shifts in demand. Monitoring these trends closely will be crucial for stakeholders in the industrial foam import sector 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 Industrial Foam Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Industrial Foam Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Industrial Foam Market - Industry Life Cycle |
3.4 Latvia Industrial Foam Market - Porter's Five Forces |
3.5 Latvia Industrial Foam Market Revenues & Volume Share, By Foam Type, 2021 & 2031F |
3.6 Latvia Industrial Foam Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Latvia Industrial Foam Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Latvia Industrial Foam Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for industrial foam in the packaging industry due to its lightweight and protective properties |
4.2.2 Increasing adoption of industrial foam in the automotive sector for noise insulation and vibration dampening purposes |
4.2.3 Technological advancements leading to the development of innovative industrial foam products with enhanced functionalities |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of industrial foam |
4.3.2 Stringent regulations and environmental concerns related to the disposal and recycling of industrial foam waste |
5 Latvia Industrial Foam Market Trends |
6 Latvia Industrial Foam Market Segmentations |
6.1 Latvia Industrial Foam Market, By Foam Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Industrial Foam Market Revenues & Volume, By Flexible, 2021-2031F |
6.1.3 Latvia Industrial Foam Market Revenues & Volume, By Rigid, 2021-2031F |
6.2 Latvia Industrial Foam Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Industrial Foam Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.2.3 Latvia Industrial Foam Market Revenues & Volume, By Polystyrene, 2021-2031F |
6.2.4 Latvia Industrial Foam Market Revenues & Volume, By Polyolefins, 2021-2031F |
6.2.5 Latvia Industrial Foam Market Revenues & Volume, By Phenolic, 2021-2031F |
6.2.6 Latvia Industrial Foam Market Revenues & Volume, By Pet, 2021-2031F |
6.3 Latvia Industrial Foam Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 Latvia Industrial Foam Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.3 Latvia Industrial Foam Market Revenues & Volume, By HVAC, 2021-2031F |
6.3.4 Latvia Industrial Foam Market Revenues & Volume, By Industrial pipe insulation, 2021-2031F |
6.3.5 Latvia Industrial Foam Market Revenues & Volume, By Marine, 2021-2031F |
6.3.6 Latvia Industrial Foam Market Revenues & Volume, By Aerospace, 2021-2031F |
6.3.7 Latvia Industrial Foam Market Revenues & Volume, By Industrial cold storage, 2021-2031F |
7 Latvia Industrial Foam Market Import-Export Trade Statistics |
7.1 Latvia Industrial Foam Market Export to Major Countries |
7.2 Latvia Industrial Foam Market Imports from Major Countries |
8 Latvia Industrial Foam Market Key Performance Indicators |
8.1 Average selling price of industrial foam products |
8.2 Number of patents filed for new industrial foam technologies |
8.3 Percentage of industrial foam products meeting sustainability standards |
8.4 Adoption rate of industrial foam in emerging industries such as electronics and healthcare |
9 Latvia Industrial Foam Market - Opportunity Assessment |
9.1 Latvia Industrial Foam Market Opportunity Assessment, By Foam Type, 2021 & 2031F |
9.2 Latvia Industrial Foam Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Latvia Industrial Foam Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Latvia Industrial Foam Market - Competitive Landscape |
10.1 Latvia Industrial Foam Market Revenue Share, By Companies, 2024 |
10.2 Latvia Industrial Foam Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |