| Product Code: ETC7917871 | 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 |
The market for packaging inserts and cushions import shipments in Latvia saw a significant increase in concentration levels in 2024, with a high Herfindahl-Hirschman Index (HHI) indicating a competitive landscape dominated by exporters from Lithuania, Estonia, Poland, Germany, and the Netherlands. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-2024 remained strong at 7.67%. This data suggests a thriving market with key players driving import activities, making it crucial for businesses to stay competitive and innovative in meeting the demand for packaging solutions 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 Packaging Inserts and Cushions Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Packaging Inserts and Cushions Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Packaging Inserts and Cushions Market - Industry Life Cycle |
3.4 Latvia Packaging Inserts and Cushions Market - Porter's Five Forces |
3.5 Latvia Packaging Inserts and Cushions Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Packaging Inserts and Cushions Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Latvia Packaging Inserts and Cushions Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Latvia Packaging Inserts and Cushions 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 e-commerce industry leading to higher demand for packaging materials |
4.2.3 Technological advancements in packaging materials improving efficiency and product protection |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Stringent regulations and standards regarding packaging materials |
4.3.3 Competition from alternative packaging solutions like bubble wraps and foam packaging |
5 Latvia Packaging Inserts and Cushions Market Trends |
6 Latvia Packaging Inserts and Cushions Market, By Types |
6.1 Latvia Packaging Inserts and Cushions Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Packaging Inserts and Cushions Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Packaging Inserts and Cushions Market Revenues & Volume, By Foam Packaging, 2021- 2031F |
6.1.4 Latvia Packaging Inserts and Cushions Market Revenues & Volume, By Rigid Packaging, 2021- 2031F |
6.2 Latvia Packaging Inserts and Cushions Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Packaging Inserts and Cushions Market Revenues & Volume, By Expanded Polystyrene (EPS), 2021- 2031F |
6.2.3 Latvia Packaging Inserts and Cushions Market Revenues & Volume, By Expanded Polyethylene (EPE), 2021- 2031F |
6.2.4 Latvia Packaging Inserts and Cushions Market Revenues & Volume, By Expanded Polypropylene (EPP), 2021- 2031F |
6.2.5 Latvia Packaging Inserts and Cushions Market Revenues & Volume, By Paper and Paperboard, 2021- 2031F |
6.2.6 Latvia Packaging Inserts and Cushions Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Latvia Packaging Inserts and Cushions Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 Latvia Packaging Inserts and Cushions Market Revenues & Volume, By Electronics, 2021- 2031F |
6.3.3 Latvia Packaging Inserts and Cushions Market Revenues & Volume, By Personal Care, 2021- 2031F |
6.3.4 Latvia Packaging Inserts and Cushions Market Revenues & Volume, By E-commerce, 2021- 2031F |
6.3.5 Latvia Packaging Inserts and Cushions Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Packaging Inserts and Cushions Market Import-Export Trade Statistics |
7.1 Latvia Packaging Inserts and Cushions Market Export to Major Countries |
7.2 Latvia Packaging Inserts and Cushions Market Imports from Major Countries |
8 Latvia Packaging Inserts and Cushions Market Key Performance Indicators |
8.1 Percentage of recycled materials used in packaging inserts and cushions |
8.2 Customer satisfaction scores related to the quality and protection provided by packaging inserts |
8.3 Efficiency metrics such as reduction in product damages during transportation |
9 Latvia Packaging Inserts and Cushions Market - Opportunity Assessment |
9.1 Latvia Packaging Inserts and Cushions Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Packaging Inserts and Cushions Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Latvia Packaging Inserts and Cushions Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Latvia Packaging Inserts and Cushions Market - Competitive Landscape |
10.1 Latvia Packaging Inserts and Cushions Market Revenue Share, By Companies, 2024 |
10.2 Latvia Packaging Inserts and Cushions 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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