| Product Code: ETC7917723 | 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 |
Latvia`s overcaps import market in 2024 saw significant contributions from top exporting countries such as Germany, Ukraine, Poland, Switzerland, and China. With a low Herfindahl-Hirschman Index (HHI) indicating low market concentration, the industry remains competitive. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 2.73%, showing steady expansion. Moreover, the growth rate from 2023 to 2024 reached an impressive 7.66%, suggesting a promising outlook for the overcaps import sector in Latvia.

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 Overcaps Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Overcaps Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Overcaps Market - Industry Life Cycle |
3.4 Latvia Overcaps Market - Porter's Five Forces |
3.5 Latvia Overcaps Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Latvia Overcaps Market Revenues & Volume Share, By Diameter, 2021 & 2031F |
3.7 Latvia Overcaps Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Overcaps Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Latvia Overcaps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Latvia |
4.2.2 Growing trend of snacking culture and on-the-go consumption |
4.2.3 Rising popularity of convenience foods and ready-to-eat products |
4.3 Market Restraints |
4.3.1 Competition from other snack categories |
4.3.2 Health concerns related to overconsumption of snacks |
4.3.3 Fluctuating raw material prices impacting production costs |
5 Latvia Overcaps Market Trends |
6 Latvia Overcaps Market, By Types |
6.1 Latvia Overcaps Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Latvia Overcaps Market Revenues & Volume, By Material, 2021- 2031F |
6.1.3 Latvia Overcaps Market Revenues & Volume, By Plastic, 2021- 2031F |
6.1.4 Latvia Overcaps Market Revenues & Volume, By Metal, 2021- 2031F |
6.2 Latvia Overcaps Market, By Diameter |
6.2.1 Overview and Analysis |
6.2.2 Latvia Overcaps Market Revenues & Volume, By Up to 30 mm, 2021- 2031F |
6.2.3 Latvia Overcaps Market Revenues & Volume, By 31 to 40 mm, 2021- 2031F |
6.2.4 Latvia Overcaps Market Revenues & Volume, By 41 mm to 50 mm, 2021- 2031F |
6.2.5 Latvia Overcaps Market Revenues & Volume, By More than 50 mm, 2021- 2031F |
6.3 Latvia Overcaps Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Overcaps Market Revenues & Volume, By Cans, 2021- 2031F |
6.3.3 Latvia Overcaps Market Revenues & Volume, By Bottles, 2021- 2031F |
6.3.4 Latvia Overcaps Market Revenues & Volume, By Spray Pumps, 2021- 2031F |
6.4 Latvia Overcaps Market, By End-Use |
6.4.1 Overview and Analysis |
6.4.2 Latvia Overcaps Market Revenues & Volume, By Food & Beverages, 2021- 2031F |
6.4.3 Latvia Overcaps Market Revenues & Volume, By Automotive, 2021- 2031F |
6.4.4 Latvia Overcaps Market Revenues & Volume, By Paints & Coatings, 2021- 2031F |
6.4.5 Latvia Overcaps Market Revenues & Volume, By Personal Care and Cosmetics, 2021- 2031F |
6.4.6 Latvia Overcaps Market Revenues & Volume, By Healthcare and Pharmaceuticals, 2021- 2031F |
6.4.7 Latvia Overcaps Market Revenues & Volume, By Consumer Goods, 2021- 2031F |
7 Latvia Overcaps Market Import-Export Trade Statistics |
7.1 Latvia Overcaps Market Export to Major Countries |
7.2 Latvia Overcaps Market Imports from Major Countries |
8 Latvia Overcaps Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms |
8.2 Number of new product launches in the overcaps market |
8.3 Percentage of market penetration in different retail channels |
9 Latvia Overcaps Market - Opportunity Assessment |
9.1 Latvia Overcaps Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Latvia Overcaps Market Opportunity Assessment, By Diameter, 2021 & 2031F |
9.3 Latvia Overcaps Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Overcaps Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Latvia Overcaps Market - Competitive Landscape |
10.1 Latvia Overcaps Market Revenue Share, By Companies, 2024 |
10.2 Latvia Overcaps 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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