| Product Code: ETC5729409 | 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 |
In 2024, Latvia saw a significant increase in the import shipments of packaging resins, with top exporting countries being Netherlands, Germany, Israel, China, and Sweden. The market concentration, as measured by the HHI, reached a very high level in 2024, indicating strong dominance by a few key players. The impressive compound annual growth rate (CAGR) of 7.56% from 2020 to 2024 demonstrates sustained expansion in the market. Furthermore, the remarkable growth rate of 18.41% from 2023 to 2024 highlights the accelerating pace of development in the packaging resins import sector 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 Resins Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Packaging Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Packaging Resins Market - Industry Life Cycle |
3.4 Latvia Packaging Resins Market - Porter's Five Forces |
3.5 Latvia Packaging Resins Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Packaging Resins Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Packaging Resins 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 food and beverage industry in Latvia |
4.2.3 Technological advancements in packaging resin manufacturing |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Stringent regulations on plastic usage and recycling |
4.3.3 Competition from alternative packaging materials like paper and bio-based plastics |
5 Latvia Packaging Resins Market Trends |
6 Latvia Packaging Resins Market Segmentations |
6.1 Latvia Packaging Resins Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Packaging Resins Market Revenues & Volume, By LDPE, 2021-2031F |
6.1.3 Latvia Packaging Resins Market Revenues & Volume, By PP, 2021-2031F |
6.1.4 Latvia Packaging Resins Market Revenues & Volume, By HDPE, 2021-2031F |
6.1.5 Latvia Packaging Resins Market Revenues & Volume, By PET, 2021-2031F |
6.1.6 Latvia Packaging Resins Market Revenues & Volume, By PS, 2021-2031F |
6.1.7 Latvia Packaging Resins Market Revenues & Volume, By PVC, 2021-2031F |
6.2 Latvia Packaging Resins Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Packaging Resins Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.2.3 Latvia Packaging Resins Market Revenues & Volume, By Consumer Goods, 2021-2031F |
6.2.4 Latvia Packaging Resins Market Revenues & Volume, By Healthcare, 2021-2031F |
6.2.5 Latvia Packaging Resins Market Revenues & Volume, By Industrial, 2021-2031F |
7 Latvia Packaging Resins Market Import-Export Trade Statistics |
7.1 Latvia Packaging Resins Market Export to Major Countries |
7.2 Latvia Packaging Resins Market Imports from Major Countries |
8 Latvia Packaging Resins Market Key Performance Indicators |
8.1 Adoption rate of recyclable packaging resins in Latvia |
8.2 Investment in research and development for eco-friendly packaging solutions |
8.3 Percentage of packaging resin manufacturers in Latvia using advanced manufacturing technologies |
9 Latvia Packaging Resins Market - Opportunity Assessment |
9.1 Latvia Packaging Resins Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Packaging Resins Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Packaging Resins Market - Competitive Landscape |
10.1 Latvia Packaging Resins Market Revenue Share, By Companies, 2024 |
10.2 Latvia Packaging Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |