Latvia Plastics for Electrical Appliances Market (2025-2031) | Share, Trends, Size & Revenue, Forecast, Growth, Analysis, Companies, Segmentation, Value, Competitive Landscape, Outlook, Industry
Market Forecast By Resin (Polycarbonate (PC), Polypropylene (PP), Acrylonitrile Butadiene Styrene & Styrene-acrylonitrile (ABS & SAN), Low-density Polyethylene(LDPE/LLDPE), Polystyrene (PS), Polyvinyl Chloride (PVC), Polyamide (PA), Others), By Appliance (Refrigeration Appliances, Home Laundry Appliances, Dishwashers, Air Treatment Products, Microwaves, Small Cooking Appliances, Vacuum Cleaners) And Competitive Landscape
| Product Code: ETC7918925 | 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 |
Latvia Plastics for Electrical Appliances Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Latvia continued to witness a steady flow of plastic imports for electrical appliances, with top exporters being Germany, Poland, China, Lithuania, and Italy. Despite the diverse range of exporting countries, the market remained highly competitive, indicated by the low Herfindahl-Hirschman Index (HHI) concentration. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 7.73%, although a slight decline was observed in the growth rate from 2023 to 2024 at -11.12%. This data suggests a dynamic and evolving landscape for plastics import in the Latvian market.
Key Highlights of the Report:
- Latvia Plastics for Electrical Appliances Market Outlook
- Market Size of Latvia Plastics for Electrical Appliances Market, 2024
- Forecast of Latvia Plastics for Electrical Appliances Market, 2031
- Historical Data and Forecast of Latvia Plastics for Electrical Appliances Revenues & Volume for the Period 2021- 2031
- Latvia Plastics for Electrical Appliances Market Trend Evolution
- Latvia Plastics for Electrical Appliances Market Drivers and Challenges
- Latvia Plastics for Electrical Appliances Price Trends
- Latvia Plastics for Electrical Appliances Porter's Five Forces
- Latvia Plastics for Electrical Appliances Industry Life Cycle
- Historical Data and Forecast of Latvia Plastics for Electrical Appliances Market Revenues & Volume By Resin for the Period 2021- 2031
- Historical Data and Forecast of Latvia Plastics for Electrical Appliances Market Revenues & Volume By Polycarbonate (PC) for the Period 2021- 2031
- Historical Data and Forecast of Latvia Plastics for Electrical Appliances Market Revenues & Volume By Polypropylene (PP) for the Period 2021- 2031
- Historical Data and Forecast of Latvia Plastics for Electrical Appliances Market Revenues & Volume By Acrylonitrile Butadiene Styrene & Styrene-acrylonitrile (ABS & SAN) for the Period 2021- 2031
- Historical Data and Forecast of Latvia Plastics for Electrical Appliances Market Revenues & Volume By Low-density Polyethylene(LDPE/LLDPE) for the Period 2021- 2031
- Historical Data and Forecast of Latvia Plastics for Electrical Appliances Market Revenues & Volume By Polystyrene (PS) for the Period 2021- 2031
- Historical Data and Forecast of Latvia Plastics for Electrical Appliances Market Revenues & Volume By Polyvinyl Chloride (PVC) for the Period 2021- 2031
- Historical Data and Forecast of Latvia Plastics for Electrical Appliances Market Revenues & Volume By Polyamide (PA) for the Period 2021- 2031
- Historical Data and Forecast of Latvia Polycarbonate (PC) Plastics for Electrical Appliances Market Revenues & Volume By Others for the Period 2021- 2031
- Historical Data and Forecast of Latvia Plastics for Electrical Appliances Market Revenues & Volume By Appliance for the Period 2021- 2031
- Historical Data and Forecast of Latvia Plastics for Electrical Appliances Market Revenues & Volume By Refrigeration Appliances for the Period 2021- 2031
- Historical Data and Forecast of Latvia Plastics for Electrical Appliances Market Revenues & Volume By Home Laundry Appliances for the Period 2021- 2031
- Historical Data and Forecast of Latvia Plastics for Electrical Appliances Market Revenues & Volume By Dishwashers for the Period 2021- 2031
- Historical Data and Forecast of Latvia Plastics for Electrical Appliances Market Revenues & Volume By Air Treatment Products for the Period 2021- 2031
- Historical Data and Forecast of Latvia Plastics for Electrical Appliances Market Revenues & Volume By Microwaves for the Period 2021- 2031
- Historical Data and Forecast of Latvia Plastics for Electrical Appliances Market Revenues & Volume By Small Cooking Appliances for the Period 2021- 2031
- Historical Data and Forecast of Latvia Plastics for Electrical Appliances Market Revenues & Volume By Vacuum Cleaners for the Period 2021- 2031
- Latvia Plastics for Electrical Appliances Import Export Trade Statistics
- Market Opportunity Assessment By Resin
- Market Opportunity Assessment By Appliance
- Latvia Plastics for Electrical Appliances Top Companies Market Share
- Latvia Plastics for Electrical Appliances Competitive Benchmarking By Technical and Operational Parameters
- Latvia Plastics for Electrical Appliances Company Profiles
- Latvia Plastics for Electrical Appliances Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Plastics for Electrical Appliances 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 Plastics for Electrical Appliances 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 Plastics for Electrical Appliances Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Plastics for Electrical Appliances Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Plastics for Electrical Appliances Market - Industry Life Cycle |
3.4 Latvia Plastics for Electrical Appliances Market - Porter's Five Forces |
3.5 Latvia Plastics for Electrical Appliances Market Revenues & Volume Share, By Resin, 2021 & 2031F |
3.6 Latvia Plastics for Electrical Appliances Market Revenues & Volume Share, By Appliance, 2021 & 2031F |
4 Latvia Plastics for Electrical Appliances Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electrical appliances in Latvia |
4.2.2 Growing awareness about the advantages of using plastics in electrical appliances |
4.2.3 Technological advancements in the plastics industry leading to better performance and cost-effectiveness |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in plastics production |
4.3.2 Stringent regulations pertaining to environmental impact and recycling of plastics |
4.3.3 Competition from alternative materials such as metals and ceramics in the electrical appliances market |
5 Latvia Plastics for Electrical Appliances Market Trends |
6 Latvia Plastics for Electrical Appliances Market, By Types |
6.1 Latvia Plastics for Electrical Appliances Market, By Resin |
6.1.1 Overview and Analysis |
6.1.2 Latvia Plastics for Electrical Appliances Market Revenues & Volume, By Resin, 2021- 2031F |
6.1.3 Latvia Plastics for Electrical Appliances Market Revenues & Volume, By Polycarbonate (PC), 2021- 2031F |
6.1.4 Latvia Plastics for Electrical Appliances Market Revenues & Volume, By Polypropylene (PP), 2021- 2031F |
6.1.5 Latvia Plastics for Electrical Appliances Market Revenues & Volume, By Acrylonitrile Butadiene Styrene & Styrene-acrylonitrile (ABS & SAN), 2021- 2031F |
6.1.6 Latvia Plastics for Electrical Appliances Market Revenues & Volume, By Low-density Polyethylene(LDPE/LLDPE), 2021- 2031F |
6.1.7 Latvia Plastics for Electrical Appliances Market Revenues & Volume, By Polystyrene (PS), 2021- 2031F |
6.1.8 Latvia Plastics for Electrical Appliances Market Revenues & Volume, By Polyvinyl Chloride (PVC), 2021- 2031F |
6.1.9 Latvia Plastics for Electrical Appliances Market Revenues & Volume, By Others, 2021- 2031F |
6.1.10 Latvia Plastics for Electrical Appliances Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Plastics for Electrical Appliances Market, By Appliance |
6.2.1 Overview and Analysis |
6.2.2 Latvia Plastics for Electrical Appliances Market Revenues & Volume, By Refrigeration Appliances, 2021- 2031F |
6.2.3 Latvia Plastics for Electrical Appliances Market Revenues & Volume, By Home Laundry Appliances, 2021- 2031F |
6.2.4 Latvia Plastics for Electrical Appliances Market Revenues & Volume, By Dishwashers, 2021- 2031F |
6.2.5 Latvia Plastics for Electrical Appliances Market Revenues & Volume, By Air Treatment Products, 2021- 2031F |
6.2.6 Latvia Plastics for Electrical Appliances Market Revenues & Volume, By Microwaves, 2021- 2031F |
6.2.7 Latvia Plastics for Electrical Appliances Market Revenues & Volume, By Small Cooking Appliances, 2021- 2031F |
7 Latvia Plastics for Electrical Appliances Market Import-Export Trade Statistics |
7.1 Latvia Plastics for Electrical Appliances Market Export to Major Countries |
7.2 Latvia Plastics for Electrical Appliances Market Imports from Major Countries |
8 Latvia Plastics for Electrical Appliances Market Key Performance Indicators |
8.1 Percentage of electrical appliances in Latvia using plastics components |
8.2 Investment in research and development for plastics innovation in electrical appliances |
8.3 Adoption rate of eco-friendly plastics in electrical appliances |
9 Latvia Plastics for Electrical Appliances Market - Opportunity Assessment |
9.1 Latvia Plastics for Electrical Appliances Market Opportunity Assessment, By Resin, 2021 & 2031F |
9.2 Latvia Plastics for Electrical Appliances Market Opportunity Assessment, By Appliance, 2021 & 2031F |
10 Latvia Plastics for Electrical Appliances Market - Competitive Landscape |
10.1 Latvia Plastics for Electrical Appliances Market Revenue Share, By Companies, 2024 |
10.2 Latvia Plastics for Electrical Appliances Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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