| Product Code: ETC7918895 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of plastic ready meal trays to Latvia in 2024 continued to be dominated by neighboring countries Estonia, Poland, and Lithuania, along with major players Germany and Italy. The market concentration, as measured by the HHI, intensified from high to very high in 2024, indicating a more consolidated market landscape. Despite a negative compound annual growth rate (CAGR) of -6.59% from 2020 to 2024, the decline moderated slightly in 2024 with a growth rate of -3.27%, suggesting a potential stabilization 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 Plastic Ready Meal Trays Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Plastic Ready Meal Trays Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Plastic Ready Meal Trays Market - Industry Life Cycle |
3.4 Latvia Plastic Ready Meal Trays Market - Porter's Five Forces |
3.5 Latvia Plastic Ready Meal Trays Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Latvia Plastic Ready Meal Trays Market Revenues & Volume Share, By Molding Technology, 2021 & 2031F |
3.7 Latvia Plastic Ready Meal Trays Market Revenues & Volume Share, By Tray Type, 2021 & 2031F |
3.8 Latvia Plastic Ready Meal Trays Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Latvia Plastic Ready Meal Trays Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for convenience food products |
4.2.2 Growth in the food delivery and takeout industry |
4.2.3 Rising consumer preference for sustainable and recyclable packaging solutions |
4.3 Market Restraints |
4.3.1 Stringent regulations on the use of plastics |
4.3.2 Increasing consumer awareness about the environmental impact of plastic packaging |
4.3.3 Competition from alternative packaging materials such as paper-based trays |
5 Latvia Plastic Ready Meal Trays Market Trends |
6 Latvia Plastic Ready Meal Trays Market, By Types |
6.1 Latvia Plastic Ready Meal Trays Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Latvia Plastic Ready Meal Trays Market Revenues & Volume, By Material, 2021- 2031F |
6.1.3 Latvia Plastic Ready Meal Trays Market Revenues & Volume, By Polypropylene (PP), 2021- 2031F |
6.1.4 Latvia Plastic Ready Meal Trays Market Revenues & Volume, By Polyethylene Terephthalate (PET), 2021- 2031F |
6.1.5 Latvia Plastic Ready Meal Trays Market Revenues & Volume, By Others (HIPS, HDPE, etc.), 2021- 2031F |
6.2 Latvia Plastic Ready Meal Trays Market, By Molding Technology |
6.2.1 Overview and Analysis |
6.2.2 Latvia Plastic Ready Meal Trays Market Revenues & Volume, By Injection Molding, 2021- 2031F |
6.2.3 Latvia Plastic Ready Meal Trays Market Revenues & Volume, By Thermoformed Molding, 2021- 2031F |
6.3 Latvia Plastic Ready Meal Trays Market, By Tray Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Plastic Ready Meal Trays Market Revenues & Volume, By Single Cavity, 2021- 2031F |
6.3.3 Latvia Plastic Ready Meal Trays Market Revenues & Volume, By Multi Cavity, 2021- 2031F |
6.4 Latvia Plastic Ready Meal Trays Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Latvia Plastic Ready Meal Trays Market Revenues & Volume, By Food Producers & Processors, 2021- 2031F |
6.4.3 Latvia Plastic Ready Meal Trays Market Revenues & Volume, By Restaurants, 2021- 2031F |
6.4.4 Latvia Plastic Ready Meal Trays Market Revenues & Volume, By Catering Services, 2021- 2031F |
6.4.5 Latvia Plastic Ready Meal Trays Market Revenues & Volume, By Food Courts (In malls, Airports, Multiplexes, Railways, etc.), 2021- 2031F |
6.4.6 Latvia Plastic Ready Meal Trays Market Revenues & Volume, By Online Food Delivery, 2021- 2031F |
7 Latvia Plastic Ready Meal Trays Market Import-Export Trade Statistics |
7.1 Latvia Plastic Ready Meal Trays Market Export to Major Countries |
7.2 Latvia Plastic Ready Meal Trays Market Imports from Major Countries |
8 Latvia Plastic Ready Meal Trays Market Key Performance Indicators |
8.1 Percentage of recyclable materials used in plastic trays |
8.2 Consumer perception surveys on the sustainability of plastic trays |
8.3 Number of partnerships with food delivery services for plastic tray packaging |
9 Latvia Plastic Ready Meal Trays Market - Opportunity Assessment |
9.1 Latvia Plastic Ready Meal Trays Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Latvia Plastic Ready Meal Trays Market Opportunity Assessment, By Molding Technology, 2021 & 2031F |
9.3 Latvia Plastic Ready Meal Trays Market Opportunity Assessment, By Tray Type, 2021 & 2031F |
9.4 Latvia Plastic Ready Meal Trays Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Latvia Plastic Ready Meal Trays Market - Competitive Landscape |
10.1 Latvia Plastic Ready Meal Trays Market Revenue Share, By Companies, 2024 |
10.2 Latvia Plastic Ready Meal Trays Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |