Latvia Packaging Films Market (2025-2031) | Strategic Insights, Drivers, Pricing Analysis, Size, Segments, Forecast, Consumer Insights, Restraints, Strategy, Outlook, Opportunities, Companies, Share, Growth, Trends, Industry, Demand, Challenges, Segmentation, Supply, Revenue, Competition, Investment Trends, Value, Analysis, Competitive

Market Forecast By Type (Shrink Films, Stretch Films, Barrier Films), By Material Used (Polyethylene, Polypropylene, PET), By Application (Food Packaging, Industrial Packaging, Medical Packaging), By Industry (Food & Beverage, Electronics, Pharmaceuticals) And Competitive Landscape
Product Code: ETC13054453 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

Latvia Packaging Films Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The import shipments of packaging films to Latvia in 2024 show a diverse sourcing pattern, with top exporters being Lithuania, Poland, Germany, Turkey, and Spain. The market experienced a shift from low to moderate concentration in 2024, indicating a more competitive landscape. Despite a slight decline in the compound annual growth rate (CAGR) from 2020-24 at -0.37%, there was a positive growth rate of 3.55% from 2023-24. This suggests a resilient market adapting to changing dynamics and potentially opening up new opportunities for market players in the packaging films sector.

Latvia Packaging Films Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Latvia Packaging Films Market Outlook
  • Market Size of Latvia Packaging Films Market,2024
  • Forecast of Latvia Packaging Films Market, 2031
  • Historical Data and Forecast of Latvia Packaging Films Revenues & Volume for the Period 2021-2031
  • Latvia Packaging Films Market Trend Evolution
  • Latvia Packaging Films Market Drivers and Challenges
  • Latvia Packaging Films Price Trends
  • Latvia Packaging Films Porter's Five Forces
  • Latvia Packaging Films Industry Life Cycle
  • Historical Data and Forecast of Latvia Packaging Films Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Packaging Films Market Revenues & Volume By Shrink Films for the Period 2021-2031
  • Historical Data and Forecast of Latvia Packaging Films Market Revenues & Volume By Stretch Films for the Period 2021-2031
  • Historical Data and Forecast of Latvia Packaging Films Market Revenues & Volume By Barrier Films for the Period 2021-2031
  • Historical Data and Forecast of Latvia Packaging Films Market Revenues & Volume By Material Used for the Period 2021-2031
  • Historical Data and Forecast of Latvia Packaging Films Market Revenues & Volume By Polyethylene for the Period 2021-2031
  • Historical Data and Forecast of Latvia Packaging Films Market Revenues & Volume By Polypropylene for the Period 2021-2031
  • Historical Data and Forecast of Latvia Packaging Films Market Revenues & Volume By PET for the Period 2021-2031
  • Historical Data and Forecast of Latvia Packaging Films Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Latvia Packaging Films Market Revenues & Volume By Food Packaging for the Period 2021-2031
  • Historical Data and Forecast of Latvia Packaging Films Market Revenues & Volume By Industrial Packaging for the Period 2021-2031
  • Historical Data and Forecast of Latvia Packaging Films Market Revenues & Volume By Medical Packaging for the Period 2021-2031
  • Historical Data and Forecast of Latvia Packaging Films Market Revenues & Volume By Industry for the Period 2021-2031
  • Historical Data and Forecast of Latvia Packaging Films Market Revenues & Volume By Food & Beverage for the Period 2021-2031
  • Historical Data and Forecast of Latvia Packaging Films Market Revenues & Volume By Electronics for the Period 2021-2031
  • Historical Data and Forecast of Latvia Packaging Films Market Revenues & Volume By Pharmaceuticals for the Period 2021-2031
  • Latvia Packaging Films Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Material Used
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Industry
  • Latvia Packaging Films Top Companies Market Share
  • Latvia Packaging Films Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Packaging Films Company Profiles
  • Latvia Packaging Films Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Packaging Films Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Packaging Films Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Packaging Films Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Packaging Films Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Packaging Films Market - Industry Life Cycle

3.4 Latvia Packaging Films Market - Porter's Five Forces

3.5 Latvia Packaging Films Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Latvia Packaging Films Market Revenues & Volume Share, By Material Used, 2021 & 2031F

3.7 Latvia Packaging Films Market Revenues & Volume Share, By Application, 2021 & 2031F

3.8 Latvia Packaging Films Market Revenues & Volume Share, By Industry, 2021 & 2031F

4 Latvia Packaging Films Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for eco-friendly packaging solutions

4.2.2 Growth in the food and beverage industry in Latvia

4.2.3 Technological advancements in packaging films production

4.3 Market Restraints

4.3.1 Fluctuating raw material prices

4.3.2 Stringent regulations on plastic usage and waste management in Latvia

5 Latvia Packaging Films Market Trends

6 Latvia Packaging Films Market, By Types

6.1 Latvia Packaging Films Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia Packaging Films Market Revenues & Volume, By Type, 2021 - 2031F

6.1.3 Latvia Packaging Films Market Revenues & Volume, By Shrink Films, 2021 - 2031F

6.1.4 Latvia Packaging Films Market Revenues & Volume, By Stretch Films, 2021 - 2031F

6.1.5 Latvia Packaging Films Market Revenues & Volume, By Barrier Films, 2021 - 2031F

6.2 Latvia Packaging Films Market, By Material Used

6.2.1 Overview and Analysis

6.2.2 Latvia Packaging Films Market Revenues & Volume, By Polyethylene, 2021 - 2031F

6.2.3 Latvia Packaging Films Market Revenues & Volume, By Polypropylene, 2021 - 2031F

6.2.4 Latvia Packaging Films Market Revenues & Volume, By PET, 2021 - 2031F

6.3 Latvia Packaging Films Market, By Application

6.3.1 Overview and Analysis

6.3.2 Latvia Packaging Films Market Revenues & Volume, By Food Packaging, 2021 - 2031F

6.3.3 Latvia Packaging Films Market Revenues & Volume, By Industrial Packaging, 2021 - 2031F

6.3.4 Latvia Packaging Films Market Revenues & Volume, By Medical Packaging, 2021 - 2031F

6.4 Latvia Packaging Films Market, By Industry

6.4.1 Overview and Analysis

6.4.2 Latvia Packaging Films Market Revenues & Volume, By Food & Beverage, 2021 - 2031F

6.4.3 Latvia Packaging Films Market Revenues & Volume, By Electronics, 2021 - 2031F

6.4.4 Latvia Packaging Films Market Revenues & Volume, By Pharmaceuticals, 2021 - 2031F

7 Latvia Packaging Films Market Import-Export Trade Statistics

7.1 Latvia Packaging Films Market Export to Major Countries

7.2 Latvia Packaging Films Market Imports from Major Countries

8 Latvia Packaging Films Market Key Performance Indicators

8.1 Percentage of recyclable materials used in packaging films production

8.2 Adoption rate of sustainable packaging solutions in the market

8.3 Research and development investment in new packaging technologies

8.4 Efficiency in waste management processes within the packaging industry

8.5 Consumer awareness and perception of eco-friendly packaging options

9 Latvia Packaging Films Market - Opportunity Assessment

9.1 Latvia Packaging Films Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Latvia Packaging Films Market Opportunity Assessment, By Material Used, 2021 & 2031F

9.3 Latvia Packaging Films Market Opportunity Assessment, By Application, 2021 & 2031F

9.4 Latvia Packaging Films Market Opportunity Assessment, By Industry, 2021 & 2031F

10 Latvia Packaging Films Market - Competitive Landscape

10.1 Latvia Packaging Films Market Revenue Share, By Companies, 2024

10.2 Latvia Packaging Films Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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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