Latvia Pet Shrink Films Market (2025-2031) | Outlook, Drivers, Segments, Competitive, Investment Trends, Strategy, Segmentation, Trends, Companies, Revenue, Challenges, Share, Value, Consumer Insights, Forecast, Growth, Competition, Demand, Size, Strategic Insights, Restraints, Opportunities, Supply, Analysis, Pricing Analysis, Industry
Market Forecast By Material Type (PET Shrink Wrap, Biodegradable PET Films, Recycled PET Films, Multi-Layer PET Films, Transparent PET Films), By Application (Food Packaging, Pharmaceutical Blisters, Industrial Wrapping, Pet Food Packaging, Electronic Component Packaging), By Shrink Ratio (Low-Shrink, High-Shrink, Medium-Shrink, Variable-Shrink, Controlled-Shrink), By Processing Technology (Extrusion, Thermoforming, Injection Molding, Lamination, Blown Film), By End-Use (Food & Beverage, Healthcare, Industrial, Consumer Goods, Electronics) And Competitive Landscape
| Product Code: ETC10787701 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Latvia Pet Shrink Films Market Top 5 Importing Countries and Market Competition (HHI) Analysis
Latvia`s pet shrink films import market saw a significant shift in 2024, with top exporting countries being Poland, Germany, Estonia, Denmark, and China. The market concentration, as measured by the HHI, escalated from moderate in 2023 to high in 2024. Despite a negative CAGR of -35.28% from 2020 to 2024, there was a notable growth rate of 38.26% from 2023 to 2024. This suggests a dynamic and evolving market landscape, with potential opportunities for further expansion and competition among key players in the pet shrink films industry.
Key Highlights of the Report:
- Latvia Pet Shrink Films Market Outlook
- Market Size of Latvia Pet Shrink Films Market,2024
- Forecast of Latvia Pet Shrink Films Market, 2031
- Historical Data and Forecast of Latvia Pet Shrink Films Revenues & Volume for the Period 2021-2031
- Latvia Pet Shrink Films Market Trend Evolution
- Latvia Pet Shrink Films Market Drivers and Challenges
- Latvia Pet Shrink Films Price Trends
- Latvia Pet Shrink Films Porter's Five Forces
- Latvia Pet Shrink Films Industry Life Cycle
- Historical Data and Forecast of Latvia Pet Shrink Films Market Revenues & Volume By Material Type for the Period 2021-2031
- Historical Data and Forecast of Latvia Pet Shrink Films Market Revenues & Volume By PET Shrink Wrap for the Period 2021-2031
- Historical Data and Forecast of Latvia Pet Shrink Films Market Revenues & Volume By Biodegradable PET Films for the Period 2021-2031
- Historical Data and Forecast of Latvia Pet Shrink Films Market Revenues & Volume By Recycled PET Films for the Period 2021-2031
- Historical Data and Forecast of Latvia Pet Shrink Films Market Revenues & Volume By Multi-Layer PET Films for the Period 2021-2031
- Historical Data and Forecast of Latvia Pet Shrink Films Market Revenues & Volume By Transparent PET Films for the Period 2021 - 2029
- Historical Data and Forecast of Latvia Pet Shrink Films Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Latvia Pet Shrink Films Market Revenues & Volume By Food Packaging for the Period 2021-2031
- Historical Data and Forecast of Latvia Pet Shrink Films Market Revenues & Volume By Pharmaceutical Blisters for the Period 2021-2031
- Historical Data and Forecast of Latvia Pet Shrink Films Market Revenues & Volume By Industrial Wrapping for the Period 2021-2031
- Historical Data and Forecast of Latvia Pet Shrink Films Market Revenues & Volume By Pet Food Packaging for the Period 2021-2031
- Historical Data and Forecast of Latvia Pet Shrink Films Market Revenues & Volume By Electronic Component Packaging for the Period 2021 - 2029
- Historical Data and Forecast of Latvia Pet Shrink Films Market Revenues & Volume By Shrink Ratio for the Period 2021-2031
- Historical Data and Forecast of Latvia Pet Shrink Films Market Revenues & Volume By Low-Shrink for the Period 2021-2031
- Historical Data and Forecast of Latvia Pet Shrink Films Market Revenues & Volume By High-Shrink for the Period 2021-2031
- Historical Data and Forecast of Latvia Pet Shrink Films Market Revenues & Volume By Medium-Shrink for the Period 2021-2031
- Historical Data and Forecast of Latvia Pet Shrink Films Market Revenues & Volume By Variable-Shrink for the Period 2021-2031
- Historical Data and Forecast of Latvia Pet Shrink Films Market Revenues & Volume By Controlled-Shrink for the Period 2021 - 2029
- Historical Data and Forecast of Latvia Pet Shrink Films Market Revenues & Volume By Processing Technology for the Period 2021-2031
- Historical Data and Forecast of Latvia Pet Shrink Films Market Revenues & Volume By Extrusion for the Period 2021-2031
- Historical Data and Forecast of Latvia Pet Shrink Films Market Revenues & Volume By Thermoforming for the Period 2021-2031
- Historical Data and Forecast of Latvia Pet Shrink Films Market Revenues & Volume By Injection Molding for the Period 2021-2031
- Historical Data and Forecast of Latvia Pet Shrink Films Market Revenues & Volume By Lamination for the Period 2021-2031
- Historical Data and Forecast of Latvia Pet Shrink Films Market Revenues & Volume By Blown Film for the Period 2021 - 2029
- Historical Data and Forecast of Latvia Pet Shrink Films Market Revenues & Volume By End-Use for the Period 2021-2031
- Historical Data and Forecast of Latvia Pet Shrink Films Market Revenues & Volume By Food & Beverage for the Period 2021-2031
- Historical Data and Forecast of Latvia Pet Shrink Films Market Revenues & Volume By Healthcare for the Period 2021-2031
- Historical Data and Forecast of Latvia Pet Shrink Films Market Revenues & Volume By Industrial for the Period 2021-2031
- Historical Data and Forecast of Latvia Pet Shrink Films Market Revenues & Volume By Consumer Goods for the Period 2021 - 2029
- Historical Data and Forecast of Latvia Pet Shrink Films Market Revenues & Volume By Electronics for the Period 2021 - 2029
- Latvia Pet Shrink Films Import Export Trade Statistics
- Market Opportunity Assessment By Material Type
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By Shrink Ratio
- Market Opportunity Assessment By Processing Technology
- Market Opportunity Assessment By End-Use
- Latvia Pet Shrink Films Top Companies Market Share
- Latvia Pet Shrink Films Competitive Benchmarking By Technical and Operational Parameters
- Latvia Pet Shrink Films Company Profiles
- Latvia Pet Shrink Films Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Pet Shrink Films Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Pet Shrink Films Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Pet Shrink Films Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Pet Shrink Films Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Pet Shrink Films Market - Industry Life Cycle |
3.4 Latvia Pet Shrink Films Market - Porter's Five Forces |
3.5 Latvia Pet Shrink Films Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Latvia Pet Shrink Films Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Pet Shrink Films Market Revenues & Volume Share, By Shrink Ratio, 2021 & 2031F |
3.8 Latvia Pet Shrink Films Market Revenues & Volume Share, By Processing Technology, 2021 & 2031F |
3.9 Latvia Pet Shrink Films Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Latvia Pet Shrink Films Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable packaging solutions |
4.2.2 Growth in the food and beverage industry in Latvia |
4.2.3 Technological advancements enhancing the performance of PET shrink films |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Competition from alternative packaging solutions |
4.3.3 Stringent regulations on plastic usage and disposal |
5 Latvia Pet Shrink Films Market Trends |
6 Latvia Pet Shrink Films Market, By Types |
6.1 Latvia Pet Shrink Films Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Pet Shrink Films Market Revenues & Volume, By Material Type, 2021 - 2031F |
6.1.3 Latvia Pet Shrink Films Market Revenues & Volume, By PET Shrink Wrap, 2021 - 2031F |
6.1.4 Latvia Pet Shrink Films Market Revenues & Volume, By Biodegradable PET Films, 2021 - 2031F |
6.1.5 Latvia Pet Shrink Films Market Revenues & Volume, By Recycled PET Films, 2021 - 2031F |
6.1.6 Latvia Pet Shrink Films Market Revenues & Volume, By Multi-Layer PET Films, 2021 - 2031F |
6.1.7 Latvia Pet Shrink Films Market Revenues & Volume, By Transparent PET Films, 2021 - 2031F |
6.2 Latvia Pet Shrink Films Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Pet Shrink Films Market Revenues & Volume, By Food Packaging, 2021 - 2031F |
6.2.3 Latvia Pet Shrink Films Market Revenues & Volume, By Pharmaceutical Blisters, 2021 - 2031F |
6.2.4 Latvia Pet Shrink Films Market Revenues & Volume, By Industrial Wrapping, 2021 - 2031F |
6.2.5 Latvia Pet Shrink Films Market Revenues & Volume, By Pet Food Packaging, 2021 - 2031F |
6.2.6 Latvia Pet Shrink Films Market Revenues & Volume, By Electronic Component Packaging, 2021 - 2031F |
6.3 Latvia Pet Shrink Films Market, By Shrink Ratio |
6.3.1 Overview and Analysis |
6.3.2 Latvia Pet Shrink Films Market Revenues & Volume, By Low-Shrink, 2021 - 2031F |
6.3.3 Latvia Pet Shrink Films Market Revenues & Volume, By High-Shrink, 2021 - 2031F |
6.3.4 Latvia Pet Shrink Films Market Revenues & Volume, By Medium-Shrink, 2021 - 2031F |
6.3.5 Latvia Pet Shrink Films Market Revenues & Volume, By Variable-Shrink, 2021 - 2031F |
6.3.6 Latvia Pet Shrink Films Market Revenues & Volume, By Controlled-Shrink, 2021 - 2031F |
6.4 Latvia Pet Shrink Films Market, By Processing Technology |
6.4.1 Overview and Analysis |
6.4.2 Latvia Pet Shrink Films Market Revenues & Volume, By Extrusion, 2021 - 2031F |
6.4.3 Latvia Pet Shrink Films Market Revenues & Volume, By Thermoforming, 2021 - 2031F |
6.4.4 Latvia Pet Shrink Films Market Revenues & Volume, By Injection Molding, 2021 - 2031F |
6.4.5 Latvia Pet Shrink Films Market Revenues & Volume, By Lamination, 2021 - 2031F |
6.4.6 Latvia Pet Shrink Films Market Revenues & Volume, By Blown Film, 2021 - 2031F |
6.5 Latvia Pet Shrink Films Market, By End-Use |
6.5.1 Overview and Analysis |
6.5.2 Latvia Pet Shrink Films Market Revenues & Volume, By Food & Beverage, 2021 - 2031F |
6.5.3 Latvia Pet Shrink Films Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.5.4 Latvia Pet Shrink Films Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.5.5 Latvia Pet Shrink Films Market Revenues & Volume, By Consumer Goods, 2021 - 2031F |
6.5.6 Latvia Pet Shrink Films Market Revenues & Volume, By Electronics, 2021 - 2031F |
7 Latvia Pet Shrink Films Market Import-Export Trade Statistics |
7.1 Latvia Pet Shrink Films Market Export to Major Countries |
7.2 Latvia Pet Shrink Films Market Imports from Major Countries |
8 Latvia Pet Shrink Films Market Key Performance Indicators |
8.1 Recycling rate of PET shrink films in Latvia |
8.2 Adoption rate of eco-friendly packaging solutions |
8.3 Percentage of food and beverage companies using PET shrink films for packaging |
9 Latvia Pet Shrink Films Market - Opportunity Assessment |
9.1 Latvia Pet Shrink Films Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Latvia Pet Shrink Films Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Pet Shrink Films Market Opportunity Assessment, By Shrink Ratio, 2021 & 2031F |
9.4 Latvia Pet Shrink Films Market Opportunity Assessment, By Processing Technology, 2021 & 2031F |
9.5 Latvia Pet Shrink Films Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Latvia Pet Shrink Films Market - Competitive Landscape |
10.1 Latvia Pet Shrink Films Market Revenue Share, By Companies, 2024 |
10.2 Latvia Pet Shrink Films Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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