| Product Code: ETC13055029 | 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 Latvia packaging robots import market saw a notable shift in 2024, with top exporting countries being Germany, Lithuania, Italy, China, and Estonia. The low Herfindahl-Hirschman Index (HHI) indicates a competitive landscape, which further improved from 2023. However, the market experienced a negative Compound Annual Growth Rate (CAGR) of -6.11% from 2020 to 2024, with a significant decline in growth rate of -30.9% from 2023 to 2024. These trends suggest a challenging environment for packaging robot imports in Latvia, requiring strategic adaptation by market players.

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 Robots Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Packaging Robots Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Packaging Robots Market - Industry Life Cycle |
3.4 Latvia Packaging Robots Market - Porter's Five Forces |
3.5 Latvia Packaging Robots Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Packaging Robots Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Packaging Robots Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
3.8 Latvia Packaging Robots Market Revenues & Volume Share, By Automation Level, 2021 & 2031F |
4 Latvia Packaging Robots Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for automation in the packaging industry to improve efficiency and reduce costs. |
4.2.2 Growing focus on sustainability and eco-friendly packaging solutions driving the adoption of packaging robots. |
4.2.3 Technological advancements in robotics and artificial intelligence enhancing the capabilities and versatility of packaging robots. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with implementing packaging robots. |
4.3.2 Concerns regarding job displacement and the need for retraining employees due to automation. |
4.3.3 Lack of skilled workforce proficient in operating and maintaining packaging robots. |
5 Latvia Packaging Robots Market Trends |
6 Latvia Packaging Robots Market, By Types |
6.1 Latvia Packaging Robots Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Packaging Robots Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Packaging Robots Market Revenues & Volume, By Picking, 2021 - 2031F |
6.1.4 Latvia Packaging Robots Market Revenues & Volume, By Placing, 2021 - 2031F |
6.1.5 Latvia Packaging Robots Market Revenues & Volume, By Packing, 2021 - 2031F |
6.1.6 Latvia Packaging Robots Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Latvia Packaging Robots Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Packaging Robots Market Revenues & Volume, By Food Packaging, 2021 - 2031F |
6.2.3 Latvia Packaging Robots Market Revenues & Volume, By Industrial Goods, 2021 - 2031F |
6.2.4 Latvia Packaging Robots Market Revenues & Volume, By Pharmaceutical, 2021 - 2031F |
6.2.5 Latvia Packaging Robots Market Revenues & Volume, By Cosmetics, 2021 - 2031F |
6.3 Latvia Packaging Robots Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Packaging Robots Market Revenues & Volume, By Food & Beverage, 2021 - 2031F |
6.3.3 Latvia Packaging Robots Market Revenues & Volume, By Electronics, 2021 - 2031F |
6.3.4 Latvia Packaging Robots Market Revenues & Volume, By Pharmaceuticals, 2021 - 2031F |
6.3.5 Latvia Packaging Robots Market Revenues & Volume, By Cosmetics, 2021 - 2031F |
6.4 Latvia Packaging Robots Market, By Automation Level |
6.4.1 Overview and Analysis |
6.4.2 Latvia Packaging Robots Market Revenues & Volume, By Fully Automated, 2021 - 2031F |
6.4.3 Latvia Packaging Robots Market Revenues & Volume, By Semi-Automated, 2021 - 2031F |
6.4.4 Latvia Packaging Robots Market Revenues & Volume, By Manual, 2021 - 2031F |
7 Latvia Packaging Robots Market Import-Export Trade Statistics |
7.1 Latvia Packaging Robots Market Export to Major Countries |
7.2 Latvia Packaging Robots Market Imports from Major Countries |
8 Latvia Packaging Robots Market Key Performance Indicators |
8.1 Percentage increase in the adoption of automation in the packaging industry in Latvia. |
8.2 Reduction in packaging waste and improvement in sustainability metrics attributed to the use of packaging robots. |
8.3 Rate of innovation and introduction of new features in packaging robots to meet changing market demands. |
9 Latvia Packaging Robots Market - Opportunity Assessment |
9.1 Latvia Packaging Robots Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Packaging Robots Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Packaging Robots Market Opportunity Assessment, By End-Use, 2021 & 2031F |
9.4 Latvia Packaging Robots Market Opportunity Assessment, By Automation Level, 2021 & 2031F |
10 Latvia Packaging Robots Market - Competitive Landscape |
10.1 Latvia Packaging Robots Market Revenue Share, By Companies, 2024 |
10.2 Latvia Packaging Robots Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |