| Product Code: ETC7917870 | 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 a steady increase in packaging impact modifiers import shipments, with key exporters being Germany, Finland, Netherlands, Metropolitan France, and Poland. The market remained moderately concentrated with a stable Herfindahl-Hirschman Index (HHI). With a compound annual growth rate (CAGR) of 4.86% from 2020 to 2024 and a growth rate of 1.35% in 2023-24, the industry shows promising resilience and potential for further expansion in the coming years.

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 Impact Modifiers Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Packaging Impact Modifiers Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Packaging Impact Modifiers Market - Industry Life Cycle |
3.4 Latvia Packaging Impact Modifiers Market - Porter's Five Forces |
3.5 Latvia Packaging Impact Modifiers Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Packaging Impact Modifiers Market Revenues & Volume Share, By Plastic Type, 2021 & 2031F |
4 Latvia Packaging Impact Modifiers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable packaging solutions |
4.2.2 Growth in the food and beverage industry in Latvia |
4.2.3 Technological advancements in packaging materials |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Stringent regulations on packaging materials |
4.3.3 Competition from alternative packaging solutions |
5 Latvia Packaging Impact Modifiers Market Trends |
6 Latvia Packaging Impact Modifiers Market, By Types |
6.1 Latvia Packaging Impact Modifiers Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Packaging Impact Modifiers Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Packaging Impact Modifiers Market Revenues & Volume, By Acrylonitrile Butadiene Styrene, 2021- 2031F |
6.1.4 Latvia Packaging Impact Modifiers Market Revenues & Volume, By Acrylic Impact Modifiers, 2021- 2031F |
6.1.5 Latvia Packaging Impact Modifiers Market Revenues & Volume, By Acrylonitrile Styrene Acrylate, 2021- 2031F |
6.1.6 Latvia Packaging Impact Modifiers Market Revenues & Volume, By Methacrylate-Butadiene-Styrene, 2021- 2031F |
6.1.7 Latvia Packaging Impact Modifiers Market Revenues & Volume, By Ethylene Propylene Diene Monomer, 2021- 2031F |
6.1.8 Latvia Packaging Impact Modifiers Market Revenues & Volume, By Chlorinated Polyethylene, 2021- 2031F |
6.2 Latvia Packaging Impact Modifiers Market, By Plastic Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Packaging Impact Modifiers Market Revenues & Volume, By Polyvinyl Chloride, 2021- 2031F |
6.2.3 Latvia Packaging Impact Modifiers Market Revenues & Volume, By Nylon, 2021- 2031F |
6.2.4 Latvia Packaging Impact Modifiers Market Revenues & Volume, By Polybutylene Terephthalate, 2021- 2031F |
6.2.5 Latvia Packaging Impact Modifiers Market Revenues & Volume, By Engineering Plastics, 2021- 2031F |
6.2.6 Latvia Packaging Impact Modifiers Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Packaging Impact Modifiers Market Import-Export Trade Statistics |
7.1 Latvia Packaging Impact Modifiers Market Export to Major Countries |
7.2 Latvia Packaging Impact Modifiers Market Imports from Major Countries |
8 Latvia Packaging Impact Modifiers Market Key Performance Indicators |
8.1 Environmental impact assessment of packaging materials used |
8.2 Adoption rate of sustainable packaging solutions in the market |
8.3 Investment in research and development for packaging innovation |
9 Latvia Packaging Impact Modifiers Market - Opportunity Assessment |
9.1 Latvia Packaging Impact Modifiers Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Packaging Impact Modifiers Market Opportunity Assessment, By Plastic Type, 2021 & 2031F |
10 Latvia Packaging Impact Modifiers Market - Competitive Landscape |
10.1 Latvia Packaging Impact Modifiers Market Revenue Share, By Companies, 2024 |
10.2 Latvia Packaging Impact Modifiers 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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