| Product Code: ETC7918923 | 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 |
In 2024, Latvia continued to heavily rely on imports for plastics injection molding, with China, Germany, USA, Netherlands, and Austria being the top exporting countries. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The industry experienced a robust compound annual growth rate (CAGR) of 8.17% from 2020 to 2024, with a notable growth rate of 64.49% from 2023 to 2024. This data suggests a strong demand for plastics injection molding in Latvia, fueled by imports from key global suppliers.

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 Injection Molding Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Plastics Injection Molding Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Plastics Injection Molding Market - Industry Life Cycle |
3.4 Latvia Plastics Injection Molding Market - Porter's Five Forces |
3.5 Latvia Plastics Injection Molding Market Revenues & Volume Share, By Raw Material Type, 2021 & 2031F |
3.6 Latvia Plastics Injection Molding Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Plastics Injection Molding Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight and durable plastic products across various industries |
4.2.2 Advancements in technology leading to increased efficiency and precision in injection molding processes |
4.2.3 Increasing focus on sustainability and environmentally friendly manufacturing practices |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Intense competition in the market leading to price wars and margin pressures |
4.3.3 Regulatory challenges and compliance requirements affecting operations |
5 Latvia Plastics Injection Molding Market Trends |
6 Latvia Plastics Injection Molding Market, By Types |
6.1 Latvia Plastics Injection Molding Market, By Raw Material Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Plastics Injection Molding Market Revenues & Volume, By Raw Material Type, 2021- 2031F |
6.1.3 Latvia Plastics Injection Molding Market Revenues & Volume, By Polypropylene, 2021- 2031F |
6.1.4 Latvia Plastics Injection Molding Market Revenues & Volume, By Acrylonitrile Butadiene Styrene (Abs), 2021- 2031F |
6.1.5 Latvia Plastics Injection Molding Market Revenues & Volume, By Polystyrene, 2021- 2031F |
6.1.6 Latvia Plastics Injection Molding Market Revenues & Volume, By Polyethylene, 2021- 2031F |
6.1.7 Latvia Plastics Injection Molding Market Revenues & Volume, By Polyvinyl Chloride (Pvc), 2021- 2031F |
6.1.8 Latvia Plastics Injection Molding Market Revenues & Volume, By Polycarbonate, 2021- 2031F |
6.1.9 Latvia Plastics Injection Molding Market Revenues & Volume, By Other Raw Material Types, 2021- 2031F |
6.1.10 Latvia Plastics Injection Molding Market Revenues & Volume, By Other Raw Material Types, 2021- 2031F |
6.2 Latvia Plastics Injection Molding Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Plastics Injection Molding Market Revenues & Volume, By Packaging, 2021- 2031F |
6.2.3 Latvia Plastics Injection Molding Market Revenues & Volume, By Building And Construction, 2021- 2031F |
6.2.4 Latvia Plastics Injection Molding Market Revenues & Volume, By Consumer Goods, 2021- 2031F |
6.2.5 Latvia Plastics Injection Molding Market Revenues & Volume, By Electronics, 2021- 2031F |
6.2.6 Latvia Plastics Injection Molding Market Revenues & Volume, By Automotive, And Transportation, 2021- 2031F |
6.2.7 Latvia Plastics Injection Molding Market Revenues & Volume, By Healthcare, 2021- 2031F |
7 Latvia Plastics Injection Molding Market Import-Export Trade Statistics |
7.1 Latvia Plastics Injection Molding Market Export to Major Countries |
7.2 Latvia Plastics Injection Molding Market Imports from Major Countries |
8 Latvia Plastics Injection Molding Market Key Performance Indicators |
8.1 Energy efficiency metrics to track the environmental impact of the injection molding processes |
8.2 Scrap rate percentage to measure the efficiency of material usage and waste reduction efforts |
8.3 Customer satisfaction scores to gauge the quality of products and services provided |
8.4 Employee training hours to assess the skill development and readiness for technological advancements |
8.5 Innovation index to monitor the rate of technological advancements and product development in the market |
9 Latvia Plastics Injection Molding Market - Opportunity Assessment |
9.1 Latvia Plastics Injection Molding Market Opportunity Assessment, By Raw Material Type, 2021 & 2031F |
9.2 Latvia Plastics Injection Molding Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Plastics Injection Molding Market - Competitive Landscape |
10.1 Latvia Plastics Injection Molding Market Revenue Share, By Companies, 2024 |
10.2 Latvia Plastics Injection Molding Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |