| Product Code: ETC7916245 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia saw significant imports of nano packaging materials from top exporting countries such as Germany, Poland, China, Lithuania, and Italy. The market exhibited a low concentration with the Herfindahl-Hirschman Index (HHI) remaining low. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 was strong at 7.82%. This indicates a steady demand for nano packaging materials in Latvia, with diverse sources contributing to the market`s stability and growth.

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 Nano Packaging Materials Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Nano Packaging Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Nano Packaging Materials Market - Industry Life Cycle |
3.4 Latvia Nano Packaging Materials Market - Porter's Five Forces |
3.5 Latvia Nano Packaging Materials Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Latvia Nano Packaging Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Nano Packaging Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable and eco-friendly packaging solutions |
4.2.2 Growing awareness about the benefits of nano packaging materials in enhancing product shelf life and quality |
4.2.3 Government regulations promoting the use of environmentally friendly packaging materials |
4.3 Market Restraints |
4.3.1 High initial investment and production costs associated with nano packaging materials |
4.3.2 Limited availability of raw materials for manufacturing nano packaging materials |
4.3.3 Lack of standardized regulations and quality control measures for nano packaging materials |
5 Latvia Nano Packaging Materials Market Trends |
6 Latvia Nano Packaging Materials Market, By Types |
6.1 Latvia Nano Packaging Materials Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Latvia Nano Packaging Materials Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Latvia Nano Packaging Materials Market Revenues & Volume, By Active Packaging, 2021- 2031F |
6.1.4 Latvia Nano Packaging Materials Market Revenues & Volume, By Intelligent, 2021- 2031F |
6.1.5 Latvia Nano Packaging Materials Market Revenues & Volume, By Smart Packaging, 2021- 2031F |
6.1.6 Latvia Nano Packaging Materials Market Revenues & Volume, By Controlled Release Packaging, 2021- 2031F |
6.2 Latvia Nano Packaging Materials Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Nano Packaging Materials Market Revenues & Volume, By Bakery Products, 2021- 2031F |
6.2.3 Latvia Nano Packaging Materials Market Revenues & Volume, By Meat Products, 2021- 2031F |
6.2.4 Latvia Nano Packaging Materials Market Revenues & Volume, By Beverages, 2021- 2031F |
6.2.5 Latvia Nano Packaging Materials Market Revenues & Volume, By Fruit and Vegetables, 2021- 2031F |
6.2.6 Latvia Nano Packaging Materials Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Nano Packaging Materials Market Import-Export Trade Statistics |
7.1 Latvia Nano Packaging Materials Market Export to Major Countries |
7.2 Latvia Nano Packaging Materials Market Imports from Major Countries |
8 Latvia Nano Packaging Materials Market Key Performance Indicators |
8.1 Percentage increase in the adoption of nano packaging materials by Latvian manufacturers |
8.2 Research and development investment in new nano packaging technologies |
8.3 Number of patents filed for innovative nano packaging solutions in Latvia |
9 Latvia Nano Packaging Materials Market - Opportunity Assessment |
9.1 Latvia Nano Packaging Materials Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Latvia Nano Packaging Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Nano Packaging Materials Market - Competitive Landscape |
10.1 Latvia Nano Packaging Materials Market Revenue Share, By Companies, 2024 |
10.2 Latvia Nano Packaging Materials 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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