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

Name: Latvia Molded Plastics Market (2025-2031) | Companies & Value
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Molded Plastics Market, Latvia Molded Plastics Market, Latvia Molded Plastics Market Revenues, Latvia Molded Plastics Market Share, Latvia Molded Plastics Market Size, Latvia Molded Plastics Market Outlook, Latvia Molded Plastics Market Report, Latvia Molded Plastics Market Competition, Latvia Molded Plastics Market Overview, Latvia Molded Plastics Market Trends, Latvia Molded Plastics Market Forecast

Market Forecast By Type (Polyethylene, Polypropylene, Polyvinyl Chloride, Polyethylene Terephthalate, Polystyrene, Polyurethane, Others), By Application (Packaging, Automotive & Transportation, Construction & Infrastructure, Agriculture, Pharmaceutical, Electronics & Electrical, Others) And Competitive Landscape

Product Code: ETC5199556	Publication Date: Nov 2023	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Shubham Padhi	No. of Pages: 60	No. of Figures: 30	No. of Tables: 5

Latvia Molded Plastics Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Latvia`s molded plastics import market continued to attract shipments mainly from Germany, Lithuania, South Korea, Poland, and Belgium. Despite moderate concentration levels indicated by the Herfindahl-Hirschman Index (HHI), the market experienced a slight decline in CAGR from 2020-24 at -0.8%. However, there was a notable growth rate of 12.15% from 2023-24, suggesting a potential uptick in demand for molded plastics in Latvia. The diverse range of exporting countries indicates a robust supply chain supporting the market`s continued growth and competitiveness.

Latvia Molded Plastics Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Molded Plastics Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

The Molded Plastics market in Latvia is projected to grow at a stable growth rate of 4.06% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.

Molded Plastics Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

Key Highlights of the Report:

Latvia Molded Plastics Market Outlook
Market Size of Latvia Molded Plastics Market, 2024
Forecast of Latvia Molded Plastics Market, 2031
Historical Data and Forecast of Latvia Molded Plastics Revenues & Volume for the Period 2021-2031
Latvia Molded Plastics Market Trend Evolution
Latvia Molded Plastics Market Drivers and Challenges
Latvia Molded Plastics Price Trends
Latvia Molded Plastics Porter`s Five Forces
Latvia Molded Plastics Industry Life Cycle
Historical Data and Forecast of Latvia Molded Plastics Market Revenues & Volume By Type for the Period 2021-2031
Historical Data and Forecast of Latvia Molded Plastics Market Revenues & Volume By Polyethylene for the Period 2021-2031
Historical Data and Forecast of Latvia Molded Plastics Market Revenues & Volume By Polypropylene for the Period 2021-2031
Historical Data and Forecast of Latvia Molded Plastics Market Revenues & Volume By Polyvinyl Chloride for the Period 2021-2031
Historical Data and Forecast of Latvia Molded Plastics Market Revenues & Volume By Polyethylene Terephthalate for the Period 2021-2031
Historical Data and Forecast of Latvia Molded Plastics Market Revenues & Volume By Polystyrene for the Period 2021-2031
Historical Data and Forecast of Latvia Molded Plastics Market Revenues & Volume By Polyurethane for the Period 2021-2031
Historical Data and Forecast of Latvia Molded Plastics Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Latvia Molded Plastics Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of Latvia Molded Plastics Market Revenues & Volume By Packaging for the Period 2021-2031
Historical Data and Forecast of Latvia Molded Plastics Market Revenues & Volume By Automotive & Transportation for the Period 2021-2031
Historical Data and Forecast of Latvia Molded Plastics Market Revenues & Volume By Construction & Infrastructure for the Period 2021-2031
Historical Data and Forecast of Latvia Molded Plastics Market Revenues & Volume By Agriculture for the Period 2021-2031
Historical Data and Forecast of Latvia Molded Plastics Market Revenues & Volume By Pharmaceutical for the Period 2021-2031
Historical Data and Forecast of Latvia Molded Plastics Market Revenues & Volume By Electronics & Electrical for the Period 2021-2031
Historical Data and Forecast of Latvia Molded Plastics Market Revenues & Volume By Others for the Period 2021-2031
Latvia Molded Plastics Import Export Trade Statistics
Market Opportunity Assessment By Type
Market Opportunity Assessment By Application
Latvia Molded Plastics Top Companies Market Share
Latvia Molded Plastics Competitive Benchmarking By Technical and Operational Parameters
Latvia Molded Plastics Company Profiles
Latvia Molded Plastics Key Strategic Recommendations

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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 Molded Plastics Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Molded Plastics Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Molded Plastics Market - Industry Life Cycle

3.4 Latvia Molded Plastics Market - Porter's Five Forces

3.5 Latvia Molded Plastics Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Latvia Molded Plastics Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Latvia Molded Plastics Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for lightweight and durable plastic products in various industries

4.2.2 Technological advancements leading to improved manufacturing processes and product quality

4.2.3 Growing focus on sustainability and eco-friendly materials driving the demand for biodegradable plastics

4.3 Market Restraints

4.3.1 Fluctuating raw material prices impacting production costs

4.3.2 Intense competition from substitute materials like glass, metal, and paper

4.3.3 Stringent regulations and policies related to plastic usage and waste management

5 Latvia Molded Plastics Market Trends

6 Latvia Molded Plastics Market Segmentations

6.1 Latvia Molded Plastics Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia Molded Plastics Market Revenues & Volume, By Polyethylene, 2021-2031F

6.1.3 Latvia Molded Plastics Market Revenues & Volume, By Polypropylene, 2021-2031F

6.1.4 Latvia Molded Plastics Market Revenues & Volume, By Polyvinyl Chloride, 2021-2031F

6.1.5 Latvia Molded Plastics Market Revenues & Volume, By Polyethylene Terephthalate, 2021-2031F

6.1.6 Latvia Molded Plastics Market Revenues & Volume, By Polystyrene, 2021-2031F

6.1.7 Latvia Molded Plastics Market Revenues & Volume, By Polyurethane, 2021-2031F

6.2 Latvia Molded Plastics Market, By Application

6.2.1 Overview and Analysis

6.2.2 Latvia Molded Plastics Market Revenues & Volume, By Packaging, 2021-2031F

6.2.3 Latvia Molded Plastics Market Revenues & Volume, By Automotive & Transportation, 2021-2031F

6.2.4 Latvia Molded Plastics Market Revenues & Volume, By Construction & Infrastructure, 2021-2031F

6.2.5 Latvia Molded Plastics Market Revenues & Volume, By Agriculture, 2021-2031F

6.2.6 Latvia Molded Plastics Market Revenues & Volume, By Pharmaceutical, 2021-2031F

6.2.7 Latvia Molded Plastics Market Revenues & Volume, By Electronics & Electrical, 2021-2031F

7 Latvia Molded Plastics Market Import-Export Trade Statistics

7.1 Latvia Molded Plastics Market Export to Major Countries

7.2 Latvia Molded Plastics Market Imports from Major Countries

8 Latvia Molded Plastics Market Key Performance Indicators

8.1 Percentage of recycled materials used in production

8.2 Energy efficiency improvements in manufacturing processes

8.3 Adoption rate of biodegradable plastics in the market

9 Latvia Molded Plastics Market - Opportunity Assessment

9.1 Latvia Molded Plastics Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Latvia Molded Plastics Market Opportunity Assessment, By Application, 2021 & 2031F

10 Latvia Molded Plastics Market - Competitive Landscape

10.1 Latvia Molded Plastics Market Revenue Share, By Companies, 2024

10.2 Latvia Molded Plastics Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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