| Product Code: ETC7919908 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continued to heavily rely on imports of pulp moulding tooling, with China, Mexico, Poland, Austria, and Germany being the top exporting countries. Despite the high concentration of imports from these countries, the market experienced a significant decline with a negative CAGR of -13.84% from 2020 to 2024. The growth rate plummeted even further in 2024, with a staggering -60.95% decrease compared to the previous year. This data suggests a challenging landscape for the pulp moulding tooling market in Latvia, requiring strategic adjustments for industry players.

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 Pulp Moulding Tooling Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Pulp Moulding Tooling Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Pulp Moulding Tooling Market - Industry Life Cycle |
3.4 Latvia Pulp Moulding Tooling Market - Porter's Five Forces |
3.5 Latvia Pulp Moulding Tooling Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Pulp Moulding Tooling Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Latvia Pulp Moulding Tooling Market Revenues & Volume Share, By Automation Type, 2021 & 2031F |
3.8 Latvia Pulp Moulding Tooling Market Revenues & Volume Share, By End Users, 2021 & 2031F |
4 Latvia Pulp Moulding Tooling Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable packaging solutions |
4.2.2 Growing awareness about environmental issues and regulations promoting the use of eco-friendly materials |
4.2.3 Rise in adoption of pulp moulding technology by packaging manufacturers |
4.3 Market Restraints |
4.3.1 High initial investment cost for setting up pulp moulding tooling operations |
4.3.2 Limited availability of raw materials for pulp moulding in Latvia |
4.3.3 Technical challenges in achieving consistent quality and production efficiency |
5 Latvia Pulp Moulding Tooling Market Trends |
6 Latvia Pulp Moulding Tooling Market, By Types |
6.1 Latvia Pulp Moulding Tooling Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Pulp Moulding Tooling Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Pulp Moulding Tooling Market Revenues & Volume, By Thermoformed Pulp, 2021- 2031F |
6.1.4 Latvia Pulp Moulding Tooling Market Revenues & Volume, By Processed Pulp, 2021- 2031F |
6.2 Latvia Pulp Moulding Tooling Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Pulp Moulding Tooling Market Revenues & Volume, By Rotary, 2021- 2031F |
6.2.3 Latvia Pulp Moulding Tooling Market Revenues & Volume, By Reciprocating, 2021- 2031F |
6.3 Latvia Pulp Moulding Tooling Market, By Automation Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Pulp Moulding Tooling Market Revenues & Volume, By Automatic, 2021- 2031F |
6.3.3 Latvia Pulp Moulding Tooling Market Revenues & Volume, By Semi-Automatic, 2021- 2031F |
6.3.4 Latvia Pulp Moulding Tooling Market Revenues & Volume, By Fully Automatic, 2021- 2031F |
6.4 Latvia Pulp Moulding Tooling Market, By End Users |
6.4.1 Overview and Analysis |
6.4.2 Latvia Pulp Moulding Tooling Market Revenues & Volume, By Food, 2021- 2031F |
6.4.3 Latvia Pulp Moulding Tooling Market Revenues & Volume, By Automobile, 2021- 2031F |
6.4.4 Latvia Pulp Moulding Tooling Market Revenues & Volume, By Electrical and Electronics, 2021- 2031F |
7 Latvia Pulp Moulding Tooling Market Import-Export Trade Statistics |
7.1 Latvia Pulp Moulding Tooling Market Export to Major Countries |
7.2 Latvia Pulp Moulding Tooling Market Imports from Major Countries |
8 Latvia Pulp Moulding Tooling Market Key Performance Indicators |
8.1 Percentage of packaging manufacturers switching to pulp moulding technology |
8.2 Number of new pulp moulding tooling installations in Latvia |
8.3 Efficiency improvement in pulp moulding production processes |
8.4 Development of new eco-friendly packaging solutions using pulp moulding technology |
8.5 Innovation rate in pulp moulding tooling designs and capabilities |
9 Latvia Pulp Moulding Tooling Market - Opportunity Assessment |
9.1 Latvia Pulp Moulding Tooling Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Pulp Moulding Tooling Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Latvia Pulp Moulding Tooling Market Opportunity Assessment, By Automation Type, 2021 & 2031F |
9.4 Latvia Pulp Moulding Tooling Market Opportunity Assessment, By End Users, 2021 & 2031F |
10 Latvia Pulp Moulding Tooling Market - Competitive Landscape |
10.1 Latvia Pulp Moulding Tooling Market Revenue Share, By Companies, 2024 |
10.2 Latvia Pulp Moulding Tooling 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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