| Product Code: ETC4920389 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia saw a diverse range of packaging laminates imports from top exporting countries including China, Poland, Belgium, Germany, and Austria. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), decreased from moderate to low concentration, indicating a more competitive landscape. Despite a significant negative Compound Annual Growth Rate (CAGR) of -27.25% from 2020 to 2024, the rate of decline slowed in 2024 with a growth rate of -11.64%. This shift suggests a potential stabilization in the market, offering opportunities for both domestic and international players in the packaging laminates industry.

In the Europe region, the Packaging Laminates market in Latvia is projected to expand at a stable growth rate of 3.48% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

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 Laminates Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Packaging Laminates Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Packaging Laminates Market - Industry Life Cycle |
3.4 Latvia Packaging Laminates Market - Porter's Five Forces |
3.5 Latvia Packaging Laminates Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Latvia Packaging Laminates Market Revenues & Volume Share, By Thickness, 2021 & 2031F |
3.7 Latvia Packaging Laminates Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Packaging Laminates Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Latvia Packaging Laminates Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for sustainable and eco-friendly packaging solutions |
4.2.2 Increasing focus on food safety and hygiene |
4.2.3 Technological advancements in packaging materials and processes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Stringent government regulations on packaging materials |
4.3.3 Intense competition from alternative packaging solutions |
5 Latvia Packaging Laminates Market Trends |
6 Latvia Packaging Laminates Market Segmentations |
6.1 Latvia Packaging Laminates Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Latvia Packaging Laminates Market Revenues & Volume, By Aluminium Foil, 2021-2031F |
6.1.3 Latvia Packaging Laminates Market Revenues & Volume, By Paper and Paperboard, 2021-2031F |
6.1.4 Latvia Packaging Laminates Market Revenues & Volume, By Metallized PP, 2021-2031F |
6.1.5 Latvia Packaging Laminates Market Revenues & Volume, By Metallized PET, 2021-2031F |
6.1.6 Latvia Packaging Laminates Market Revenues & Volume, By Metallized PA, 2021-2031F |
6.1.7 Latvia Packaging Laminates Market Revenues & Volume, By Metallized PE, 2021-2031F |
6.1.9 Latvia Packaging Laminates Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Latvia Packaging Laminates Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Packaging Laminates Market, By Thickness |
6.2.1 Overview and Analysis |
6.2.2 Latvia Packaging Laminates Market Revenues & Volume, By Up to 30 Micron, 2021-2031F |
6.2.3 Latvia Packaging Laminates Market Revenues & Volume, By 30-45 Micron, 2021-2031F |
6.2.4 Latvia Packaging Laminates Market Revenues & Volume, By 45-60 Micron, 2021-2031F |
6.2.5 Latvia Packaging Laminates Market Revenues & Volume, By Above 60 Micron, 2021-2031F |
6.3 Latvia Packaging Laminates Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Packaging Laminates Market Revenues & Volume, By Aseptic Packaging, 2021-2031F |
6.3.3 Latvia Packaging Laminates Market Revenues & Volume, By Non-Aseptic Packaging, 2021-2031F |
6.4 Latvia Packaging Laminates Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Latvia Packaging Laminates Market Revenues & Volume, By Food, 2021-2031F |
6.4.3 Latvia Packaging Laminates Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.4.4 Latvia Packaging Laminates Market Revenues & Volume, By Cosmetics & Personal Care, 2021-2031F |
6.4.5 Latvia Packaging Laminates Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Packaging Laminates Market Import-Export Trade Statistics |
7.1 Latvia Packaging Laminates Market Export to Major Countries |
7.2 Latvia Packaging Laminates Market Imports from Major Countries |
8 Latvia Packaging Laminates Market Key Performance Indicators |
8.1 Adoption rate of recyclable and biodegradable packaging laminates |
8.2 Percentage of packaging laminates meeting food safety standards |
8.3 Investment in research and development for innovative packaging solutions |
8.4 Customer satisfaction and retention rates for packaging laminate suppliers |
8.5 Rate of adoption of advanced packaging technologies in the market |
9 Latvia Packaging Laminates Market - Opportunity Assessment |
9.1 Latvia Packaging Laminates Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Latvia Packaging Laminates Market Opportunity Assessment, By Thickness, 2021 & 2031F |
9.3 Latvia Packaging Laminates Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Packaging Laminates Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Latvia Packaging Laminates Market - Competitive Landscape |
10.1 Latvia Packaging Laminates Market Revenue Share, By Companies, 2024 |
10.2 Latvia Packaging Laminates 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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