| Product Code: ETC5297045 | 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 |
The import shipments of packing boxes to Latvia in 2024 continued to see a high level of concentration, with the top exporting countries being Lithuania, Estonia, Poland, Germany, and Netherlands. The Herfindahl-Hirschman Index (HHI) indicated a significant increase in concentration from 2023 to 2024. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained strong at 7.67%. This data suggests a steady demand for packing boxes in Latvia, with key suppliers maintaining a dominant position in the market.

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 Packing Boxes Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Packing Boxes Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Packing Boxes Market - Industry Life Cycle |
3.4 Latvia Packing Boxes Market - Porter's Five Forces |
3.5 Latvia Packing Boxes Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Latvia Packing Boxes Market Revenues & Volume Share, By Board Type, 2021 & 2031F |
3.7 Latvia Packing Boxes Market Revenues & Volume Share, By Grade Type, 2021 & 2031F |
3.8 Latvia Packing Boxes Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.9 Latvia Packing Boxes Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Latvia Packing Boxes 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 e-commerce industry leading to higher need for packaging materials |
4.2.3 Technological advancements in packaging industry improving efficiency and reducing costs |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition among packaging suppliers leading to price wars and margin pressures |
5 Latvia Packing Boxes Market Trends |
6 Latvia Packing Boxes Market Segmentations |
6.1 Latvia Packing Boxes Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Packing Boxes Market Revenues & Volume, By Virgin, 2021-2031F |
6.1.3 Latvia Packing Boxes Market Revenues & Volume, By Recycled, 2021-2031F |
6.2 Latvia Packing Boxes Market, By Board Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Packing Boxes Market Revenues & Volume, By Single Face Board, 2021-2031F |
6.2.3 Latvia Packing Boxes Market Revenues & Volume, By Single Wall Board, 2021-2031F |
6.2.4 Latvia Packing Boxes Market Revenues & Volume, By Double Wall Board, 2021-2031F |
6.2.5 Latvia Packing Boxes Market Revenues & Volume, By Triple Wall Board, 2021-2031F |
6.3 Latvia Packing Boxes Market, By Grade Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Packing Boxes Market Revenues & Volume, By Liner, 2021-2031F |
6.3.3 Latvia Packing Boxes Market Revenues & Volume, By Fluting Medium, 2021-2031F |
6.4 Latvia Packing Boxes Market, By Product Type |
6.4.1 Overview and Analysis |
6.4.2 Latvia Packing Boxes Market Revenues & Volume, By Sloted Box, 2021-2031F |
6.4.3 Latvia Packing Boxes Market Revenues & Volume, By Folder Box, 2021-2031F |
6.4.4 Latvia Packing Boxes Market Revenues & Volume, By Telescope Box, 2021-2031F |
6.4.5 Latvia Packing Boxes Market Revenues & Volume, By Die-Cut Box, 2021-2031F |
6.5 Latvia Packing Boxes Market, By End Use |
6.5.1 Overview and Analysis |
6.5.2 Latvia Packing Boxes Market Revenues & Volume, By Food, 2021-2031F |
6.5.3 Latvia Packing Boxes Market Revenues & Volume, By Beverages, 2021-2031F |
6.5.4 Latvia Packing Boxes Market Revenues & Volume, By Electronics & Electricals, 2021-2031F |
6.5.5 Latvia Packing Boxes Market Revenues & Volume, By Healthcare, 2021-2031F |
6.5.6 Latvia Packing Boxes Market Revenues & Volume, By Textiles & Apparels, 2021-2031F |
6.5.7 Latvia Packing Boxes Market Revenues & Volume, By E-Commerce, 2021-2031F |
6.5.8 Latvia Packing Boxes Market Revenues & Volume, By Personal Care & Cosmetics, 2021-2031F |
6.5.9 Latvia Packing Boxes Market Revenues & Volume, By Personal Care & Cosmetics, 2021-2031F |
7 Latvia Packing Boxes Market Import-Export Trade Statistics |
7.1 Latvia Packing Boxes Market Export to Major Countries |
7.2 Latvia Packing Boxes Market Imports from Major Countries |
8 Latvia Packing Boxes Market Key Performance Indicators |
8.1 Average lead time for order fulfillment |
8.2 Percentage of recycled materials used in packaging production |
8.3 Customer satisfaction rating for packaging quality and durability |
9 Latvia Packing Boxes Market - Opportunity Assessment |
9.1 Latvia Packing Boxes Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Latvia Packing Boxes Market Opportunity Assessment, By Board Type, 2021 & 2031F |
9.3 Latvia Packing Boxes Market Opportunity Assessment, By Grade Type, 2021 & 2031F |
9.4 Latvia Packing Boxes Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.5 Latvia Packing Boxes Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Latvia Packing Boxes Market - Competitive Landscape |
10.1 Latvia Packing Boxes Market Revenue Share, By Companies, 2024 |
10.2 Latvia Packing Boxes 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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