Latvia Injection Molding Machine Market (2025-2031) | Industry, Analysis, Share, Segmentation, Size, Trends, Revenue, Companies, Value, Growth, Outlook & Forecast

Market Forecast By Material (Plastic, Metal, Others), By Technology (Hydraulic, Electric, Hybrid), By End-use (Automotive, Consumer Goods, Packaging, Electronics, Others) And Competitive Landscape
Product Code: ETC5192507 Publication Date: Nov 2023 Updated Date: Oct 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Latvia Injection Molding Machine Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Latvia`s injection molding machine import market continued to show significant growth in 2024, with top exporting countries being China, Germany, USA, Netherlands, and Austria. The market remained highly concentrated, indicating strong competition among suppliers. The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 8.17%, with a notable growth rate of 64.49% from 2023 to 2024. This data suggests a robust demand for injection molding machines in Latvia and highlights the importance of key exporting countries in meeting this demand.

Injection Molding Machine Market: Latvia vs Top 5 Major Economies in 2027 (Europe)


In the Europe region, the Injection Molding Machine market in Latvia is projected to expand at a high growth rate of 10.03% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

Injection Molding Machine Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

Key Highlights of the Report:

  • Latvia Injection Molding Machine Market Outlook
  • Market Size of Latvia Injection Molding Machine Market, 2024
  • Forecast of Latvia Injection Molding Machine Market, 2031
  • Historical Data and Forecast of Latvia Injection Molding Machine Revenues & Volume for the Period 2021-2031
  • Latvia Injection Molding Machine Market Trend Evolution
  • Latvia Injection Molding Machine Market Drivers and Challenges
  • Latvia Injection Molding Machine Price Trends
  • Latvia Injection Molding Machine Porter`s Five Forces
  • Latvia Injection Molding Machine Industry Life Cycle
  • Historical Data and Forecast of Latvia Injection Molding Machine Market Revenues & Volume By Material for the Period 2021-2031
  • Historical Data and Forecast of Latvia Injection Molding Machine Market Revenues & Volume By Plastic for the Period 2021-2031
  • Historical Data and Forecast of Latvia Injection Molding Machine Market Revenues & Volume By Metal for the Period 2021-2031
  • Historical Data and Forecast of Latvia Injection Molding Machine Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Latvia Injection Molding Machine Market Revenues & Volume By Technology for the Period 2021-2031
  • Historical Data and Forecast of Latvia Injection Molding Machine Market Revenues & Volume By Hydraulic for the Period 2021-2031
  • Historical Data and Forecast of Latvia Injection Molding Machine Market Revenues & Volume By Electric for the Period 2021-2031
  • Historical Data and Forecast of Latvia Injection Molding Machine Market Revenues & Volume By Hybrid for the Period 2021-2031
  • Historical Data and Forecast of Latvia Injection Molding Machine Market Revenues & Volume By End-use for the Period 2021-2031
  • Historical Data and Forecast of Latvia Injection Molding Machine Market Revenues & Volume By Automotive for the Period 2021-2031
  • Historical Data and Forecast of Latvia Injection Molding Machine Market Revenues & Volume By Consumer Goods for the Period 2021-2031
  • Historical Data and Forecast of Latvia Injection Molding Machine Market Revenues & Volume By Packaging for the Period 2021-2031
  • Historical Data and Forecast of Latvia Injection Molding Machine Market Revenues & Volume By Electronics for the Period 2021-2031
  • Historical Data and Forecast of Latvia Injection Molding Machine Market Revenues & Volume By Others for the Period 2021-2031
  • Latvia Injection Molding Machine Import Export Trade Statistics
  • Market Opportunity Assessment By Material
  • Market Opportunity Assessment By Technology
  • Market Opportunity Assessment By End-use
  • Latvia Injection Molding Machine Top Companies Market Share
  • Latvia Injection Molding Machine Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Injection Molding Machine Company Profiles
  • Latvia Injection Molding Machine Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Injection Molding Machine Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Injection Molding Machine Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Molding Machine Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Injection Molding Machine Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Injection Molding Machine Market - Industry Life Cycle

3.4 Latvia Injection Molding Machine Market - Porter's Five Forces

3.5 Latvia Injection Molding Machine Market Revenues & Volume Share, By Material, 2021 & 2031F

3.6 Latvia Injection Molding Machine Market Revenues & Volume Share, By Technology, 2021 & 2031F

3.7 Latvia Injection Molding Machine Market Revenues & Volume Share, By End-use, 2021 & 2031F

4 Latvia Injection Molding Machine Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for precision components in industries like automotive, electronics, and healthcare driving the need for injection molding machines.

4.2.2 Government initiatives promoting manufacturing and industrial growth in Latvia.

4.2.3 Technological advancements in injection molding machines leading to improved efficiency and productivity.

4.3 Market Restraints

4.3.1 High initial investment and maintenance costs associated with injection molding machines.

4.3.2 Fluctuating raw material prices impacting the overall production costs.

4.3.3 Lack of skilled workforce in operating and maintaining injection molding machines.

5 Latvia Injection Molding Machine Market Trends

6 Latvia Injection Molding Machine Market Segmentations

6.1 Latvia Injection Molding Machine Market, By Material

6.1.1 Overview and Analysis

6.1.2 Latvia Injection Molding Machine Market Revenues & Volume, By Plastic, 2021-2031F

6.1.3 Latvia Injection Molding Machine Market Revenues & Volume, By Metal, 2021-2031F

6.1.4 Latvia Injection Molding Machine Market Revenues & Volume, By Others, 2021-2031F

6.2 Latvia Injection Molding Machine Market, By Technology

6.2.1 Overview and Analysis

6.2.2 Latvia Injection Molding Machine Market Revenues & Volume, By Hydraulic, 2021-2031F

6.2.3 Latvia Injection Molding Machine Market Revenues & Volume, By Electric, 2021-2031F

6.2.4 Latvia Injection Molding Machine Market Revenues & Volume, By Hybrid, 2021-2031F

6.3 Latvia Injection Molding Machine Market, By End-use

6.3.1 Overview and Analysis

6.3.2 Latvia Injection Molding Machine Market Revenues & Volume, By Automotive, 2021-2031F

6.3.3 Latvia Injection Molding Machine Market Revenues & Volume, By Consumer Goods, 2021-2031F

6.3.4 Latvia Injection Molding Machine Market Revenues & Volume, By Packaging, 2021-2031F

6.3.5 Latvia Injection Molding Machine Market Revenues & Volume, By Electronics, 2021-2031F

6.3.6 Latvia Injection Molding Machine Market Revenues & Volume, By Others, 2021-2031F

7 Latvia Injection Molding Machine Market Import-Export Trade Statistics

7.1 Latvia Injection Molding Machine Market Export to Major Countries

7.2 Latvia Injection Molding Machine Market Imports from Major Countries

8 Latvia Injection Molding Machine Market Key Performance Indicators

8.1 Average cycle time: measuring the time taken for each injection molding cycle, a decrease in cycle time indicates improved efficiency.

8.2 Scrap rate: monitoring the amount of material wasted during the injection molding process, a lower scrap rate indicates better cost efficiency.

8.3 Machine utilization rate: tracking the percentage of time injection molding machines are in operation, higher utilization rates indicate better productivity.

8.4 Energy consumption per unit: measuring the energy consumed per unit of production, optimizing energy consumption leads to cost savings and sustainability.

8.5 Customer satisfaction index: gauging customer feedback on product quality, delivery times, and service, higher satisfaction levels can drive repeat business and referrals.

9 Latvia Injection Molding Machine Market - Opportunity Assessment

9.1 Latvia Injection Molding Machine Market Opportunity Assessment, By Material, 2021 & 2031F

9.2 Latvia Injection Molding Machine Market Opportunity Assessment, By Technology, 2021 & 2031F

9.3 Latvia Injection Molding Machine Market Opportunity Assessment, By End-use, 2021 & 2031F

10 Latvia Injection Molding Machine Market - Competitive Landscape

10.1 Latvia Injection Molding Machine Market Revenue Share, By Companies, 2024

10.2 Latvia Injection Molding Machine Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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