| Product Code: ETC12615541 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Latvia continues to see a significant influx of import shipments from neighboring countries like Lithuania, Estonia, and Poland, as well as from Netherlands and Denmark. The high concentration of imports indicates a competitive market, with the Herfindahl-Hirschman Index (HHI) remaining at elevated levels. The compound annual growth rate (CAGR) from 2020 to 2024 stands at a steady 2.14%, while the growth rate from 2023 to 2024 has accelerated to 3.0%. These trends suggest a continued strong performance in the import market for Latvia, driven by key trading partners in the region.

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 Labelling Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Labelling Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Labelling Market - Industry Life Cycle |
3.4 Latvia Labelling Market - Porter's Five Forces |
3.5 Latvia Labelling Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Labelling Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Latvia Labelling Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Labelling Market Revenues & Volume Share, By Printing Technology, 2021 & 2031F |
3.9 Latvia Labelling Market Revenues & Volume Share, By Adhesive Type, 2021 & 2031F |
4 Latvia Labelling Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for product differentiation and branding in the Latvian market |
4.2.2 Stringent regulations and compliance requirements for labeling in Latvia |
4.2.3 Growing adoption of advanced labeling technologies in various industries in Latvia |
4.3 Market Restraints |
4.3.1 High initial investment costs for implementing advanced labeling solutions in Latvia |
4.3.2 Limited awareness and knowledge about the benefits of innovative labeling practices in the Latvian market |
5 Latvia Labelling Market Trends |
6 Latvia Labelling Market, By Types |
6.1 Latvia Labelling Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Labelling Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Labelling Market Revenues & Volume, By Pressure-sensitive Labels, 2021 - 2031F |
6.1.4 Latvia Labelling Market Revenues & Volume, By Heat Transfer Labels, 2021 - 2031F |
6.1.5 Latvia Labelling Market Revenues & Volume, By Shrink Sleeve Labels, 2021 - 2031F |
6.1.6 Latvia Labelling Market Revenues & Volume, By In-mold Labels, 2021 - 2031F |
6.1.7 Latvia Labelling Market Revenues & Volume, By RFID Labels, 2021 - 2031F |
6.2 Latvia Labelling Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Latvia Labelling Market Revenues & Volume, By Paper, 2021 - 2031F |
6.2.3 Latvia Labelling Market Revenues & Volume, By Plastic, 2021 - 2031F |
6.2.4 Latvia Labelling Market Revenues & Volume, By Fabric, 2021 - 2031F |
6.2.5 Latvia Labelling Market Revenues & Volume, By Metal, 2021 - 2031F |
6.2.6 Latvia Labelling Market Revenues & Volume, By Glass, 2021 - 2031F |
6.3 Latvia Labelling Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Labelling Market Revenues & Volume, By Packaging, 2021 - 2031F |
6.3.3 Latvia Labelling Market Revenues & Volume, By Branding, 2021 - 2031F |
6.3.4 Latvia Labelling Market Revenues & Volume, By Security, 2021 - 2031F |
6.3.5 Latvia Labelling Market Revenues & Volume, By Decorative, 2021 - 2031F |
6.3.6 Latvia Labelling Market Revenues & Volume, By Barcode Labels, 2021 - 2031F |
6.4 Latvia Labelling Market, By Printing Technology |
6.4.1 Overview and Analysis |
6.4.2 Latvia Labelling Market Revenues & Volume, By Digital Printing, 2021 - 2031F |
6.4.3 Latvia Labelling Market Revenues & Volume, By Offset Printing, 2021 - 2031F |
6.4.4 Latvia Labelling Market Revenues & Volume, By Screen Printing, 2021 - 2031F |
6.4.5 Latvia Labelling Market Revenues & Volume, By Flexographic Printing, 2021 - 2031F |
6.4.6 Latvia Labelling Market Revenues & Volume, By Gravure Printing, 2021 - 2031F |
6.5 Latvia Labelling Market, By Adhesive Type |
6.5.1 Overview and Analysis |
6.5.2 Latvia Labelling Market Revenues & Volume, By Permanent Adhesive, 2021 - 2031F |
6.5.3 Latvia Labelling Market Revenues & Volume, By Removable Adhesive, 2021 - 2031F |
6.5.4 Latvia Labelling Market Revenues & Volume, By Repositionable Adhesive, 2021 - 2031F |
6.5.5 Latvia Labelling Market Revenues & Volume, By Wash-off Adhesive, 2021 - 2031F |
6.5.6 Latvia Labelling Market Revenues & Volume, By Non-adhesive Labels, 2021 - 2031F |
7 Latvia Labelling Market Import-Export Trade Statistics |
7.1 Latvia Labelling Market Export to Major Countries |
7.2 Latvia Labelling Market Imports from Major Countries |
8 Latvia Labelling Market Key Performance Indicators |
8.1 Percentage increase in the adoption of eco-friendly labeling materials in Latvia |
8.2 Average time taken for labeling process improvement projects to be completed in Latvian businesses |
8.3 Number of new labeling technology providers entering the Latvian market |
9 Latvia Labelling Market - Opportunity Assessment |
9.1 Latvia Labelling Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Labelling Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Latvia Labelling Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Labelling Market Opportunity Assessment, By Printing Technology, 2021 & 2031F |
9.5 Latvia Labelling Market Opportunity Assessment, By Adhesive Type, 2021 & 2031F |
10 Latvia Labelling Market - Competitive Landscape |
10.1 Latvia Labelling Market Revenue Share, By Companies, 2024 |
10.2 Latvia Labelling 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.
To discover high-growth global markets and optimize your business strategy:
Click Here