| Product Code: ETC12845749 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
The injection molded plastic import market in Latvia experienced significant growth in 2024, with the top exporting countries being the USA, Denmark, Lithuania, Turkey, and Czechia. The market concentration, as measured by the HHI, increased from moderate to very high in 2024, indicating a more consolidated market landscape. The impressive CAGR of 32.38% from 2020 to 2024, coupled with a growth rate of 36.71% in 2023-24, highlight the strong demand for injection molded plastic products in Latvia and the increasing importance of these imports in the country`s industrial sector.
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 Injection Molded Plastic Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Injection Molded Plastic Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Injection Molded Plastic Market - Industry Life Cycle |
3.4 Latvia Injection Molded Plastic Market - Porter's Five Forces |
3.5 Latvia Injection Molded Plastic Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Latvia Injection Molded Plastic Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Injection Molded Plastic Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Latvia Injection Molded Plastic Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and durable plastic components in various industries such as automotive, electronics, and packaging. |
4.2.2 Technological advancements leading to enhanced precision, efficiency, and customization in injection molding processes. |
4.2.3 Growing focus on sustainability and recyclability, driving the demand for eco-friendly plastic materials. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like polymers and resins impacting production costs. |
4.3.2 Intense competition among injection molding companies leading to pricing pressures and margin challenges. |
4.3.3 Regulatory changes and environmental concerns regarding plastic waste disposal and recycling. |
5 Latvia Injection Molded Plastic Market Trends |
6 Latvia Injection Molded Plastic Market, By Types |
6.1 Latvia Injection Molded Plastic Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Injection Molded Plastic Market Revenues & Volume, By Material Type, 2021 - 2031F |
6.1.3 Latvia Injection Molded Plastic Market Revenues & Volume, By Polypropylene, 2021 - 2031F |
6.1.4 Latvia Injection Molded Plastic Market Revenues & Volume, By Polyethylene, 2021 - 2031F |
6.2 Latvia Injection Molded Plastic Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Injection Molded Plastic Market Revenues & Volume, By Packaging, 2021 - 2031F |
6.2.3 Latvia Injection Molded Plastic Market Revenues & Volume, By Automotive Components, 2021 - 2031F |
6.3 Latvia Injection Molded Plastic Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Injection Molded Plastic Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.3 Latvia Injection Molded Plastic Market Revenues & Volume, By Consumer Goods, 2021 - 2031F |
7 Latvia Injection Molded Plastic Market Import-Export Trade Statistics |
7.1 Latvia Injection Molded Plastic Market Export to Major Countries |
7.2 Latvia Injection Molded Plastic Market Imports from Major Countries |
8 Latvia Injection Molded Plastic Market Key Performance Indicators |
8.1 Scrap rate: Measure of efficiency in the injection molding process, lower scrap rates indicate higher productivity. |
8.2 Energy consumption per unit: Monitoring energy efficiency in the production process to reduce costs and environmental impact. |
8.3 Customer satisfaction index: Reflecting the quality and customization capabilities of injection molded products, impacting market demand. |
8.4 Innovation rate: Tracking the rate of introduction of new materials, designs, and technologies in injection molding processes to stay competitive. |
8.5 Employee training hours: Ensuring continuous skill development and expertise among the workforce to improve product quality and production efficiency. |
9 Latvia Injection Molded Plastic Market - Opportunity Assessment |
9.1 Latvia Injection Molded Plastic Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Latvia Injection Molded Plastic Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Injection Molded Plastic Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Latvia Injection Molded Plastic Market - Competitive Landscape |
10.1 Latvia Injection Molded Plastic Market Revenue Share, By Companies, 2024 |
10.2 Latvia Injection Molded Plastic Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |