| Product Code: ETC7914046 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continued to see a strong influx of label imports from neighboring countries such as Lithuania, Estonia, and Poland, as well as from Netherlands and Denmark. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential challenges for new entrants. Despite this, the market showed steady growth with a Compound Annual Growth Rate (CAGR) of 1.81% from 2020 to 2024. The growth rate in 2024 alone was 1.49%, reflecting a positive trend in label imports for the country.

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 Labels Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Labels Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Labels Market - Industry Life Cycle |
3.4 Latvia Labels Market - Porter's Five Forces |
3.5 Latvia Labels Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Labels Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Latvia Labels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Labels Market Trends |
6 Latvia Labels Market, By Types |
6.1 Latvia Labels Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Labels Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Labels Market Revenues & Volume, By Pressure-Sensitive Label, 2021- 2031F |
6.1.4 Latvia Labels Market Revenues & Volume, By Shrink & Stretch Sleeve Label, 2021- 2031F |
6.1.5 Latvia Labels Market Revenues & Volume, By In-Mold Label, 2021- 2031F |
6.1.6 Latvia Labels Market Revenues & Volume, By Wet Glue Label, 2021- 2031F |
6.1.7 Latvia Labels Market Revenues & Volume, By Thermal Transfer Label, 2021- 2031F |
6.1.8 Latvia Labels Market Revenues & Volume, By Wrap Around Label, 2021- 2031F |
6.2 Latvia Labels Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Latvia Labels Market Revenues & Volume, By Food & Beverages, 2021- 2031F |
6.2.3 Latvia Labels Market Revenues & Volume, By Pharmaceutical & Healthcare, 2021- 2031F |
7 Latvia Labels Market Import-Export Trade Statistics |
7.1 Latvia Labels Market Export to Major Countries |
7.2 Latvia Labels Market Imports from Major Countries |
8 Latvia Labels Market Key Performance Indicators |
9 Latvia Labels Market - Opportunity Assessment |
9.1 Latvia Labels Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Labels Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Latvia Labels Market - Competitive Landscape |
10.1 Latvia Labels Market Revenue Share, By Companies, 2024 |
10.2 Latvia Labels 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.
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