| Product Code: ETC7919162 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
In 2024, Latvia saw significant imports of polymer and thermoplastic micro molding from top exporters like Germany, Poland, China, Lithuania, and Italy. Despite the diverse sources, the market remained highly competitive with a low Herfindahl-Hirschman Index (HHI) concentration. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 7.84%, indicating sustained market expansion. However, a slight decline in growth rate from 2023 to 2024 at -11.9% may warrant further investigation into potential factors affecting the import shipments in the industry.

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 Polymer and Thermoplastic Micro Molding Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Polymer and Thermoplastic Micro Molding Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Polymer and Thermoplastic Micro Molding Market - Industry Life Cycle |
3.4 Latvia Polymer and Thermoplastic Micro Molding Market - Porter's Five Forces |
3.5 Latvia Polymer and Thermoplastic Micro Molding Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Polymer and Thermoplastic Micro Molding Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Polymer and Thermoplastic Micro Molding Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for miniaturized components in various industries such as healthcare, automotive, and electronics |
4.2.2 Technological advancements in micro molding processes leading to higher precision and efficiency |
4.2.3 Increasing adoption of polymer and thermoplastic materials due to their lightweight, durable, and cost-effective properties |
4.3 Market Restraints |
4.3.1 High initial setup and equipment costs for establishing micro molding facilities |
4.3.2 Challenges in achieving consistent quality and precision in micro molding processes |
4.3.3 Limited availability of skilled workforce with expertise in polymer and thermoplastic micro molding techniques |
5 Latvia Polymer and Thermoplastic Micro Molding Market Trends |
6 Latvia Polymer and Thermoplastic Micro Molding Market, By Types |
6.1 Latvia Polymer and Thermoplastic Micro Molding Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Polymer and Thermoplastic Micro Molding Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Polymer and Thermoplastic Micro Molding Market Revenues & Volume, By Liquid Crystal Polymer (LCP), 2021- 2031F |
6.1.4 Latvia Polymer and Thermoplastic Micro Molding Market Revenues & Volume, By Polyether Ether Ketone (PEEK), 2021- 2031F |
6.1.5 Latvia Polymer and Thermoplastic Micro Molding Market Revenues & Volume, By Polyphenylene Sulfide (PPS), 2021- 2031F |
6.1.6 Latvia Polymer and Thermoplastic Micro Molding Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Polymer and Thermoplastic Micro Molding Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Polymer and Thermoplastic Micro Molding Market Revenues & Volume, By Medical and Healthcare, 2021- 2031F |
6.2.3 Latvia Polymer and Thermoplastic Micro Molding Market Revenues & Volume, By Telecom Fiber Optics, 2021- 2031F |
6.2.4 Latvia Polymer and Thermoplastic Micro Molding Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.5 Latvia Polymer and Thermoplastic Micro Molding Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Polymer and Thermoplastic Micro Molding Market Import-Export Trade Statistics |
7.1 Latvia Polymer and Thermoplastic Micro Molding Market Export to Major Countries |
7.2 Latvia Polymer and Thermoplastic Micro Molding Market Imports from Major Countries |
8 Latvia Polymer and Thermoplastic Micro Molding Market Key Performance Indicators |
8.1 Defect rate percentage in micro molded components |
8.2 Average lead time from design to production of micro molded parts |
8.3 Percentage of revenue from new product developments in polymer and thermoplastic micro molding market |
9 Latvia Polymer and Thermoplastic Micro Molding Market - Opportunity Assessment |
9.1 Latvia Polymer and Thermoplastic Micro Molding Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Polymer and Thermoplastic Micro Molding Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Polymer and Thermoplastic Micro Molding Market - Competitive Landscape |
10.1 Latvia Polymer and Thermoplastic Micro Molding Market Revenue Share, By Companies, 2024 |
10.2 Latvia Polymer and Thermoplastic Micro Molding Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |