| Product Code: ETC5377244 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Latvia Plastic Packaging Market is projected to witness mixed growth rate patterns during 2025 to 2029. From 4.23% in 2025, the growth rate steadily ascends to 12.33% in 2029.

By 2027, Latvia's Plastic Packaging market is forecasted to achieve a stable growth rate of 3.73%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

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 Packaging Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Plastic Packaging Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Plastic Packaging Market - Industry Life Cycle |
3.4 Latvia Plastic Packaging Market - Porter's Five Forces |
3.5 Latvia Plastic Packaging Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Plastic Packaging Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Latvia Plastic Packaging Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Latvia Plastic Packaging Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for convenient and lightweight packaging solutions |
4.2.2 Growing focus on sustainability and recyclability in packaging industry |
4.2.3 Technological advancements leading to innovative plastic packaging solutions |
4.3 Market Restraints |
4.3.1 Environmental concerns surrounding plastic waste and pollution |
4.3.2 Fluctuating raw material prices impacting production costs |
4.3.3 Stringent regulations on plastic usage and waste management |
5 Latvia Plastic Packaging Market Trends |
6 Latvia Plastic Packaging Market Segmentations |
6.1 Latvia Plastic Packaging Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Plastic Packaging Market Revenues & Volume, By Rigid, 2021-2031F |
6.1.3 Latvia Plastic Packaging Market Revenues & Volume, By Flexible, 2021-2031F |
6.2 Latvia Plastic Packaging Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Latvia Plastic Packaging Market Revenues & Volume, By Bottles, 2021-2031F |
6.2.3 Latvia Plastic Packaging Market Revenues & Volume, By Cans, 2021-2031F |
6.2.4 Latvia Plastic Packaging Market Revenues & Volume, By Wraps & Films, 2021-2031F |
6.2.5 Latvia Plastic Packaging Market Revenues & Volume, By Bags, 2021-2031F |
6.2.6 Latvia Plastic Packaging Market Revenues & Volume, By Pouches, 2021-2031F |
6.2.7 Latvia Plastic Packaging Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Plastic Packaging Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Latvia Plastic Packaging Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.3 Latvia Plastic Packaging Market Revenues & Volume, By Industrial Packaging, 2021-2031F |
6.3.4 Latvia Plastic Packaging Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.5 Latvia Plastic Packaging Market Revenues & Volume, By Personal & Household Care, 2021-2031F |
6.3.6 Latvia Plastic Packaging Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Plastic Packaging Market Import-Export Trade Statistics |
7.1 Latvia Plastic Packaging Market Export to Major Countries |
7.2 Latvia Plastic Packaging Market Imports from Major Countries |
8 Latvia Plastic Packaging Market Key Performance Indicators |
8.1 Percentage of plastic packaging made from recycled materials |
8.2 Adoption rate of biodegradable or compostable plastic packaging |
8.3 Investment in research and development for sustainable packaging solutions |
8.4 Carbon footprint reduction initiatives in plastic packaging production |
8.5 Customer satisfaction with the eco-friendliness of plastic packaging options |
9 Latvia Plastic Packaging Market - Opportunity Assessment |
9.1 Latvia Plastic Packaging Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Plastic Packaging Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Latvia Plastic Packaging Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Latvia Plastic Packaging Market - Competitive Landscape |
10.1 Latvia Plastic Packaging Market Revenue Share, By Companies, 2024 |
10.2 Latvia Plastic Packaging 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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