| Product Code: ETC5304227 | 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 |
Latvia`s import of plastic caps and closures in 2024 saw a diverse range of top exporting countries including Germany, Ukraine, Poland, Switzerland, and China. With a low Herfindahl-Hirschman Index (HHI) indicating low market concentration, the market remains open and competitive. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a steady 2.73%, with a notable growth rate of 7.66% from 2023 to 2024. This data suggests a consistent demand for plastic caps and closures in Latvia, with opportunities for both domestic and international suppliers to tap into this growing 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 Plastic Caps And Closures Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Plastic Caps And Closures Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Plastic Caps And Closures Market - Industry Life Cycle |
3.4 Latvia Plastic Caps And Closures Market - Porter's Five Forces |
3.5 Latvia Plastic Caps And Closures Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Plastic Caps And Closures Market Revenues & Volume Share, By Container Type, 2021 & 2031F |
3.7 Latvia Plastic Caps And Closures Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.8 Latvia Plastic Caps And Closures Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.9 Latvia Plastic Caps And Closures Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Latvia Plastic Caps And Closures Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for convenience packaging solutions |
4.2.2 Growing awareness about sustainability and recyclability |
4.2.3 Expansion of end-use industries such as food and beverage, pharmaceuticals, and personal care |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Intense competition in the market leading to pricing pressures |
4.3.3 Regulatory challenges related to plastic usage and disposal |
5 Latvia Plastic Caps And Closures Market Trends |
6 Latvia Plastic Caps And Closures Market Segmentations |
6.1 Latvia Plastic Caps And Closures Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Plastic Caps And Closures Market Revenues & Volume, By Screw-on Caps, 2021-2031F |
6.1.3 Latvia Plastic Caps And Closures Market Revenues & Volume, By Dispensing Caps, 2021-2031F |
6.1.4 Latvia Plastic Caps And Closures Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Plastic Caps And Closures Market, By Container Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Plastic Caps And Closures Market Revenues & Volume, By Plastic, 2021-2031F |
6.2.3 Latvia Plastic Caps And Closures Market Revenues & Volume, By Glass , 2021-2031F |
6.3 Latvia Plastic Caps And Closures Market, By Raw Material |
6.3.1 Overview and Analysis |
6.3.2 Latvia Plastic Caps And Closures Market Revenues & Volume, By PP, 2021-2031F |
6.3.3 Latvia Plastic Caps And Closures Market Revenues & Volume, By HDPE, 2021-2031F |
6.3.4 Latvia Plastic Caps And Closures Market Revenues & Volume, By LDPE, 2021-2031F |
6.3.5 Latvia Plastic Caps And Closures Market Revenues & Volume, By Others, 2021-2031F |
6.4 Latvia Plastic Caps And Closures Market, By Technology |
6.4.1 Overview and Analysis |
6.4.2 Latvia Plastic Caps And Closures Market Revenues & Volume, By Post-mold Te Band, 2021-2031F |
6.4.3 Latvia Plastic Caps And Closures Market Revenues & Volume, By Compression Molding, 2021-2031F |
6.4.4 Latvia Plastic Caps And Closures Market Revenues & Volume, By Injection Molding , 2021-2031F |
6.5 Latvia Plastic Caps And Closures Market, By End-use |
6.5.1 Overview and Analysis |
6.5.2 Latvia Plastic Caps And Closures Market Revenues & Volume, By Beverage, 2021-2031F |
6.5.3 Latvia Plastic Caps And Closures Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.5.4 Latvia Plastic Caps And Closures Market Revenues & Volume, By Food, 2021-2031F |
6.5.5 Latvia Plastic Caps And Closures Market Revenues & Volume, By Personal & Homecare, 2021-2031F |
7 Latvia Plastic Caps And Closures Market Import-Export Trade Statistics |
7.1 Latvia Plastic Caps And Closures Market Export to Major Countries |
7.2 Latvia Plastic Caps And Closures Market Imports from Major Countries |
8 Latvia Plastic Caps And Closures Market Key Performance Indicators |
8.1 Percentage of recyclable materials used in production |
8.2 Number of new product innovations introduced |
8.3 Customer satisfaction scores based on product quality and service |
8.4 Percentage of market penetration in key end-use industries |
8.5 Rate of adoption of eco-friendly practices in manufacturing and packaging operations |
9 Latvia Plastic Caps And Closures Market - Opportunity Assessment |
9.1 Latvia Plastic Caps And Closures Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Plastic Caps And Closures Market Opportunity Assessment, By Container Type, 2021 & 2031F |
9.3 Latvia Plastic Caps And Closures Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.4 Latvia Plastic Caps And Closures Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.5 Latvia Plastic Caps And Closures Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Latvia Plastic Caps And Closures Market - Competitive Landscape |
10.1 Latvia Plastic Caps And Closures Market Revenue Share, By Companies, 2024 |
10.2 Latvia Plastic Caps And Closures Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |