| Product Code: ETC5747763 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The packaging foams import market in Latvia saw a significant concentration among top exporting countries such as Lithuania, Sweden, Estonia, Poland, and Germany in 2024. Despite a negative growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained positive at 4.04%. This indicates a steady overall growth trend in the market over the past few years, suggesting potential opportunities for further expansion and development in the future.

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 Foams Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Packaging Foams Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Packaging Foams Market - Industry Life Cycle |
3.4 Latvia Packaging Foams Market - Porter's Five Forces |
3.5 Latvia Packaging Foams Market Revenues & Volume Share, By Structure Type, 2021 & 2031F |
3.6 Latvia Packaging Foams Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Latvia Packaging Foams Market Revenues & Volume Share, By Service Type, 2021 & 2031F |
4 Latvia Packaging Foams Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable packaging solutions |
4.2.2 Growth in the e-commerce sector leading to higher demand for packaging foams |
4.2.3 Rising disposable income and changing consumer preferences for convenience and product safety |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Stringent regulations on the use of certain types of packaging foams |
4.3.3 Competition from alternative packaging materials such as paper-based solutions |
5 Latvia Packaging Foams Market Trends |
6 Latvia Packaging Foams Market Segmentations |
6.1 Latvia Packaging Foams Market, By Structure Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Packaging Foams Market Revenues & Volume, By Flexible Foam, 2021-2031F |
6.1.3 Latvia Packaging Foams Market Revenues & Volume, By Rigid Foam, 2021-2031F |
6.2 Latvia Packaging Foams Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Packaging Foams Market Revenues & Volume, By Polystyrene Foam, 2021-2031F |
6.2.3 Latvia Packaging Foams Market Revenues & Volume, By Polyurethane Foam, 2021-2031F |
6.2.4 Latvia Packaging Foams Market Revenues & Volume, By Polyolefin Foam, 2021-2031F |
6.3 Latvia Packaging Foams Market, By Service Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Packaging Foams Market Revenues & Volume, By Food Service, 2021-2031F |
6.3.3 Latvia Packaging Foams Market Revenues & Volume, By Protective Packaging, 2021-2031F |
7 Latvia Packaging Foams Market Import-Export Trade Statistics |
7.1 Latvia Packaging Foams Market Export to Major Countries |
7.2 Latvia Packaging Foams Market Imports from Major Countries |
8 Latvia Packaging Foams Market Key Performance Indicators |
8.1 Percentage of packaging foams made from recycled materials |
8.2 Average order value from e-commerce businesses using packaging foams |
8.3 Number of new product launches using innovative packaging foam solutions |
8.4 Customer satisfaction index related to the quality and durability of packaging foams |
8.5 Adoption rate of sustainable packaging practices in the Latvian market |
9 Latvia Packaging Foams Market - Opportunity Assessment |
9.1 Latvia Packaging Foams Market Opportunity Assessment, By Structure Type, 2021 & 2031F |
9.2 Latvia Packaging Foams Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Latvia Packaging Foams Market Opportunity Assessment, By Service Type, 2021 & 2031F |
10 Latvia Packaging Foams Market - Competitive Landscape |
10.1 Latvia Packaging Foams Market Revenue Share, By Companies, 2024 |
10.2 Latvia Packaging Foams 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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