| Product Code: ETC7913986 | 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 |
Latvia`s import shipments of RFID tags from top countries like Metropolitan France, Ukraine, China, South Korea, and Italy surged in 2024, reflecting a growing demand for this technology. The market saw a notable increase in concentration levels, shifting from moderate to high concentration, indicating a more competitive landscape. With a strong compound annual growth rate (CAGR) of 4.42% from 2020 to 2024, coupled with an impressive growth rate of 24.95% from 2023 to 2024, the RFID tags market in Latvia appears to be on a rapid upward trajectory, presenting opportunities for both suppliers and businesses.

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 LATAM RFID Tags Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia LATAM RFID Tags Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia LATAM RFID Tags Market - Industry Life Cycle |
3.4 Latvia LATAM RFID Tags Market - Porter's Five Forces |
3.5 Latvia LATAM RFID Tags Market Revenues & Volume Share, By Wafer Size, 2021 & 2031F |
3.6 Latvia LATAM RFID Tags Market Revenues & Volume Share, By Frequency, 2021 & 2031F |
3.7 Latvia LATAM RFID Tags Market Revenues & Volume Share, By Tag Type, 2021 & 2031F |
4 Latvia LATAM RFID Tags Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of IoT (Internet of Things) technology in various industries |
4.2.2 Growing need for efficient inventory management and supply chain visibility |
4.2.3 Government initiatives promoting the use of RFID technology in sectors like healthcare and retail |
4.3 Market Restraints |
4.3.1 High initial implementation costs of RFID technology |
4.3.2 Concerns over data security and privacy issues associated with RFID tags |
4.3.3 Lack of standardization in RFID technology leading to interoperability challenges |
5 Latvia LATAM RFID Tags Market Trends |
6 Latvia LATAM RFID Tags Market, By Types |
6.1 Latvia LATAM RFID Tags Market, By Wafer Size |
6.1.1 Overview and Analysis |
6.1.2 Latvia LATAM RFID Tags Market Revenues & Volume, By Wafer Size, 2021- 2031F |
6.1.3 Latvia LATAM RFID Tags Market Revenues & Volume, By 200 MM, 2021- 2031F |
6.1.4 Latvia LATAM RFID Tags Market Revenues & Volume, By 300 MM, 2021- 2031F |
6.1.5 Latvia LATAM RFID Tags Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia LATAM RFID Tags Market, By Frequency |
6.2.1 Overview and Analysis |
6.2.2 Latvia LATAM RFID Tags Market Revenues & Volume, By Low Frequency, 2021- 2031F |
6.2.3 Latvia LATAM RFID Tags Market Revenues & Volume, By High Frequency, 2021- 2031F |
6.2.4 Latvia LATAM RFID Tags Market Revenues & Volume, By Ultra-High Frequency, 2021- 2031F |
6.2.5 Latvia LATAM RFID Tags Market Revenues & Volume, By Active Ultra-High Frequency, 2021- 2031F |
6.3 Latvia LATAM RFID Tags Market, By Tag Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia LATAM RFID Tags Market Revenues & Volume, By Passive Tag, 2021- 2031F |
6.3.3 Latvia LATAM RFID Tags Market Revenues & Volume, By Active Tag, 2021- 2031F |
7 Latvia LATAM RFID Tags Market Import-Export Trade Statistics |
7.1 Latvia LATAM RFID Tags Market Export to Major Countries |
7.2 Latvia LATAM RFID Tags Market Imports from Major Countries |
8 Latvia LATAM RFID Tags Market Key Performance Indicators |
8.1 RFID tag read accuracy rate |
8.2 Average time taken to track and locate inventory using RFID technology |
8.3 Percentage increase in operational efficiency achieved through RFID implementation |
9 Latvia LATAM RFID Tags Market - Opportunity Assessment |
9.1 Latvia LATAM RFID Tags Market Opportunity Assessment, By Wafer Size, 2021 & 2031F |
9.2 Latvia LATAM RFID Tags Market Opportunity Assessment, By Frequency, 2021 & 2031F |
9.3 Latvia LATAM RFID Tags Market Opportunity Assessment, By Tag Type, 2021 & 2031F |
10 Latvia LATAM RFID Tags Market - Competitive Landscape |
10.1 Latvia LATAM RFID Tags Market Revenue Share, By Companies, 2024 |
10.2 Latvia LATAM RFID Tags Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |