| Product Code: ETC5204876 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The plastic injection molding machine import market in Latvia continues to be dominated by a few key players, with high concentration levels indicated by the HHI in 2024. The top exporting countries to Latvia, including China, Germany, USA, Netherlands, and Austria, showcase the global nature of the industry. The impressive CAGR of 8.17% from 2020 to 2024 demonstrates sustained growth, with a notable spike in the growth rate of 64.49% from 2023 to 2024, indicating a strong upward trend in import shipments of plastic injection molding machines into Latvia.

The Plastic Injection Molding Machine market in Latvia is projected to grow at a high growth rate of 10.03% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Injection Molding Machine Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Plastic Injection Molding Machine Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Plastic Injection Molding Machine Market - Industry Life Cycle |
3.4 Latvia Plastic Injection Molding Machine Market - Porter's Five Forces |
3.5 Latvia Plastic Injection Molding Machine Market Revenues & Volume Share, By Machine Type, 2021 & 2031F |
3.6 Latvia Plastic Injection Molding Machine Market Revenues & Volume Share, By Clamping Force, 2021 & 2031F |
3.7 Latvia Plastic Injection Molding Machine Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Latvia Plastic Injection Molding Machine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for plastic products across various industries in Latvia |
4.2.2 Technological advancements leading to improved efficiency and quality of plastic injection molding machines |
4.2.3 Growing emphasis on sustainable manufacturing practices driving the adoption of eco-friendly plastic injection molding machines |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Intense competition among manufacturers leading to pricing pressures |
4.3.3 Regulatory challenges related to environmental standards and waste management |
5 Latvia Plastic Injection Molding Machine Market Trends |
6 Latvia Plastic Injection Molding Machine Market Segmentations |
6.1 Latvia Plastic Injection Molding Machine Market, By Machine Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Plastic Injection Molding Machine Market Revenues & Volume, By Hydraulic, 2021-2031F |
6.1.3 Latvia Plastic Injection Molding Machine Market Revenues & Volume, By All-Electric, 2021-2031F |
6.1.4 Latvia Plastic Injection Molding Machine Market Revenues & Volume, By Hybrid, 2021-2031F |
6.2 Latvia Plastic Injection Molding Machine Market, By Clamping Force |
6.2.1 Overview and Analysis |
6.2.2 Latvia Plastic Injection Molding Machine Market Revenues & Volume, By 0-200 Tons Force, 2021-2031F |
6.2.3 Latvia Plastic Injection Molding Machine Market Revenues & Volume, By 201-500 Tons Force, 2021-2031F |
6.2.4 Latvia Plastic Injection Molding Machine Market Revenues & Volume, By Above 500 Tons Force, 2021-2031F |
6.3 Latvia Plastic Injection Molding Machine Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Plastic Injection Molding Machine Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.3 Latvia Plastic Injection Molding Machine Market Revenues & Volume, By Consumer Goods, 2021-2031F |
6.3.4 Latvia Plastic Injection Molding Machine Market Revenues & Volume, By Packaging, 2021-2031F |
6.3.5 Latvia Plastic Injection Molding Machine Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.6 Latvia Plastic Injection Molding Machine Market Revenues & Volume, By Electricals & Electronics, 2021-2031F |
6.3.7 Latvia Plastic Injection Molding Machine Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Plastic Injection Molding Machine Market Import-Export Trade Statistics |
7.1 Latvia Plastic Injection Molding Machine Market Export to Major Countries |
7.2 Latvia Plastic Injection Molding Machine Market Imports from Major Countries |
8 Latvia Plastic Injection Molding Machine Market Key Performance Indicators |
8.1 Energy efficiency of plastic injection molding machines |
8.2 Percentage of recycled materials used in the manufacturing process |
8.3 Rate of adoption of Industry 4.0 technologies in plastic injection molding operations |
9 Latvia Plastic Injection Molding Machine Market - Opportunity Assessment |
9.1 Latvia Plastic Injection Molding Machine Market Opportunity Assessment, By Machine Type, 2021 & 2031F |
9.2 Latvia Plastic Injection Molding Machine Market Opportunity Assessment, By Clamping Force, 2021 & 2031F |
9.3 Latvia Plastic Injection Molding Machine Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Latvia Plastic Injection Molding Machine Market - Competitive Landscape |
10.1 Latvia Plastic Injection Molding Machine Market Revenue Share, By Companies, 2024 |
10.2 Latvia Plastic Injection Molding Machine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |