| Product Code: ETC13054069 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Latvia continued to import packaging coating additives primarily from Poland, Finland, Lithuania, Germany, and Estonia. With a low Herfindahl-Hirschman Index (HHI) indicating a competitive market, the industry saw a negative compound annual growth rate (CAGR) of -4.12% from 2020 to 2024. The growth rate in 2024 decreased by -13.46% compared to the previous year, suggesting a challenging period for the packaging coating additive import shipments market in Latvia. Continued monitoring of market dynamics and strategic adaptation may be crucial for stakeholders in this sector.

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 Packaging Coating Additive Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Packaging Coating Additive Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Packaging Coating Additive Market - Industry Life Cycle |
3.4 Latvia Packaging Coating Additive Market - Porter's Five Forces |
3.5 Latvia Packaging Coating Additive Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Packaging Coating Additive Market Revenues & Volume Share, By Material Used, 2021 & 2031F |
3.7 Latvia Packaging Coating Additive Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Packaging Coating Additive Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 Latvia Packaging Coating Additive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly packaging solutions |
4.2.2 Growing focus on enhancing packaging quality and durability |
4.2.3 Rise in the adoption of advanced coatings for packaging materials |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Stringent regulations related to chemical additives in packaging coatings |
4.3.3 Intense competition among market players |
5 Latvia Packaging Coating Additive Market Trends |
6 Latvia Packaging Coating Additive Market, By Types |
6.1 Latvia Packaging Coating Additive Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Packaging Coating Additive Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Packaging Coating Additive Market Revenues & Volume, By Anti-Fog, 2021 - 2031F |
6.1.4 Latvia Packaging Coating Additive Market Revenues & Volume, By Anti-Static, 2021 - 2031F |
6.1.5 Latvia Packaging Coating Additive Market Revenues & Volume, By UV Protection, 2021 - 2031F |
6.2 Latvia Packaging Coating Additive Market, By Material Used |
6.2.1 Overview and Analysis |
6.2.2 Latvia Packaging Coating Additive Market Revenues & Volume, By Plastic, 2021 - 2031F |
6.2.3 Latvia Packaging Coating Additive Market Revenues & Volume, By Metal, 2021 - 2031F |
6.2.4 Latvia Packaging Coating Additive Market Revenues & Volume, By Glass, 2021 - 2031F |
6.3 Latvia Packaging Coating Additive Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Packaging Coating Additive Market Revenues & Volume, By Food Packaging, 2021 - 2031F |
6.3.3 Latvia Packaging Coating Additive Market Revenues & Volume, By Medical Packaging, 2021 - 2031F |
6.3.4 Latvia Packaging Coating Additive Market Revenues & Volume, By Cosmetic Packaging, 2021 - 2031F |
6.4 Latvia Packaging Coating Additive Market, By Industry |
6.4.1 Overview and Analysis |
6.4.2 Latvia Packaging Coating Additive Market Revenues & Volume, By Food & Beverage, 2021 - 2031F |
6.4.3 Latvia Packaging Coating Additive Market Revenues & Volume, By Pharmaceuticals, 2021 - 2031F |
6.4.4 Latvia Packaging Coating Additive Market Revenues & Volume, By Cosmetics, 2021 - 2031F |
7 Latvia Packaging Coating Additive Market Import-Export Trade Statistics |
7.1 Latvia Packaging Coating Additive Market Export to Major Countries |
7.2 Latvia Packaging Coating Additive Market Imports from Major Countries |
8 Latvia Packaging Coating Additive Market Key Performance Indicators |
8.1 Research and development investment in sustainable packaging technologies |
8.2 Number of new product launches in the packaging coating additive market |
8.3 Adoption rate of innovative coating solutions in the packaging industry |
8.4 Customer satisfaction and feedback on the performance of coating additives in packaging materials |
9 Latvia Packaging Coating Additive Market - Opportunity Assessment |
9.1 Latvia Packaging Coating Additive Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Packaging Coating Additive Market Opportunity Assessment, By Material Used, 2021 & 2031F |
9.3 Latvia Packaging Coating Additive Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Packaging Coating Additive Market Opportunity Assessment, By Industry, 2021 & 2031F |
10 Latvia Packaging Coating Additive Market - Competitive Landscape |
10.1 Latvia Packaging Coating Additive Market Revenue Share, By Companies, 2024 |
10.2 Latvia Packaging Coating Additive 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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