| Product Code: ETC13054837 | 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 |
The packaging product import shipments to Latvia in 2024 continued to see steady growth, with Lithuania, Poland, Estonia, Germany, and Denmark emerging as the top exporting countries. The market concentration, as indicated by the HHI, remained moderate, reflecting a balanced competitive landscape. The impressive CAGR of 7.34% from 2020 to 2024 highlights the increasing demand for packaging products in Latvia. Additionally, the growth rate of 1.58% in 2024 demonstrates the resilience and stability of the market. Overall, the future looks promising for packaging product imports into 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 Product Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Packaging Product Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Packaging Product Market - Industry Life Cycle |
3.4 Latvia Packaging Product Market - Porter's Five Forces |
3.5 Latvia Packaging Product Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Packaging Product Market Revenues & Volume Share, By Material Used, 2021 & 2031F |
3.7 Latvia Packaging Product Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Packaging Product Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Packaging Product Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for eco-friendly packaging solutions due to increasing environmental awareness. |
4.2.2 Expansion of e-commerce and online shopping leading to higher demand for packaging materials. |
4.2.3 Technological advancements in packaging materials and designs driving innovation and product development. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs and profit margins. |
4.3.2 Stringent regulations and policies regarding packaging materials and waste management. |
4.3.3 Intense competition among packaging companies leading to pricing pressures. |
5 Latvia Packaging Product Market Trends |
6 Latvia Packaging Product Market, By Types |
6.1 Latvia Packaging Product Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Packaging Product Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Packaging Product Market Revenues & Volume, By Rigid Packaging, 2021 - 2031F |
6.1.4 Latvia Packaging Product Market Revenues & Volume, By Flexible Packaging, 2021 - 2031F |
6.1.5 Latvia Packaging Product Market Revenues & Volume, By Protective Packaging, 2021 - 2031F |
6.1.6 Latvia Packaging Product Market Revenues & Volume, By Specialty Packaging, 2021 - 2031F |
6.2 Latvia Packaging Product Market, By Material Used |
6.2.1 Overview and Analysis |
6.2.2 Latvia Packaging Product Market Revenues & Volume, By Plastic, 2021 - 2031F |
6.2.3 Latvia Packaging Product Market Revenues & Volume, By Paperboard, 2021 - 2031F |
6.2.4 Latvia Packaging Product Market Revenues & Volume, By Metal, 2021 - 2031F |
6.2.5 Latvia Packaging Product Market Revenues & Volume, By Glass, 2021 - 2031F |
6.3 Latvia Packaging Product Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Packaging Product Market Revenues & Volume, By Food & Beverages, 2021 - 2031F |
6.3.3 Latvia Packaging Product Market Revenues & Volume, By Pharmaceuticals, 2021 - 2031F |
6.3.4 Latvia Packaging Product Market Revenues & Volume, By Electronics, 2021 - 2031F |
6.3.5 Latvia Packaging Product Market Revenues & Volume, By Cosmetics, 2021 - 2031F |
6.4 Latvia Packaging Product Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Latvia Packaging Product Market Revenues & Volume, By FMCG, 2021 - 2031F |
6.4.3 Latvia Packaging Product Market Revenues & Volume, By Pharmaceuticals, 2021 - 2031F |
6.4.4 Latvia Packaging Product Market Revenues & Volume, By E-Commerce, 2021 - 2031F |
6.4.5 Latvia Packaging Product Market Revenues & Volume, By Industrial, 2021 - 2031F |
7 Latvia Packaging Product Market Import-Export Trade Statistics |
7.1 Latvia Packaging Product Market Export to Major Countries |
7.2 Latvia Packaging Product Market Imports from Major Countries |
8 Latvia Packaging Product Market Key Performance Indicators |
8.1 Percentage of revenue from sustainable packaging solutions. |
8.2 Number of new clients acquired from the e-commerce sector. |
8.3 Investment in research and development for new packaging technologies. |
8.4 Supplier performance in terms of reliability and quality. |
8.5 Customer satisfaction ratings related to packaging materials and designs. |
9 Latvia Packaging Product Market - Opportunity Assessment |
9.1 Latvia Packaging Product Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Packaging Product Market Opportunity Assessment, By Material Used, 2021 & 2031F |
9.3 Latvia Packaging Product Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Packaging Product Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Packaging Product Market - Competitive Landscape |
10.1 Latvia Packaging Product Market Revenue Share, By Companies, 2024 |
10.2 Latvia Packaging Product 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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