Latvia Recycled Plastics Market (2025-2031) | Segmentation, Outlook, Trends, Share, Value, Analysis, Forecast, Revenue, Industry, Growth, Size & Companies

Name: Latvia Recycled Plastics Market (2025-2031) | Forecast & Companies
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Recycled Plastics Market, Latvia Recycled Plastics Market, Latvia Recycled Plastics Market Revenues, Latvia Recycled Plastics Market Share, Latvia Recycled Plastics Market Size, Latvia Recycled Plastics Market Outlook, Latvia Recycled Plastics Market Report, Latvia Recycled Plastics Market Competition, Latvia Recycled Plastics Market Overview, Latvia Recycled Plastics Market Trends, Latvia Recycled Plastics Market Forecast

Market Forecast By Plastic Type (Polyethylene Terephthalate (Pet), High Density Polyethylene (Hdpe), Polypropylene (Pp), Low Density Polyethylene (Ldpe), Others), By Application (Non-food Contact Packaging, Food Contact Packaging, Construction, Automotive, Others), By Raw Material (Plastic Bottles, Plastic Films, Rigid Plastic And Foam, Fibres, Others) And Competitive Landscape

Product Code: ETC4916133	Publication Date: Nov 2023	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Shubham Padhi	No. of Pages: 60	No. of Figures: 30	No. of Tables: 5

Latvia Recycled Plastics Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Latvia`s recycled plastics import market in 2024 saw a significant increase in shipments, with top exporters being the Dominican Republic, Thailand, Finland, Estonia, and Lithuania. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 45.12%, indicating a rapidly expanding market. Notably, the growth rate from 2023 to 2024 surged to 879.07%, reflecting a substantial uptick in import volumes. This data suggests a thriving market for recycled plastics in Latvia with strong international trade partnerships.

Latvia Recycled Plastics Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Latvia Recycled Plastics Market Outlook
Market Size of Latvia Recycled Plastics Market, 2024
Forecast of Latvia Recycled Plastics Market, 2031
Historical Data and Forecast of Latvia Recycled Plastics Revenues & Volume for the Period 2021-2031
Latvia Recycled Plastics Market Trend Evolution
Latvia Recycled Plastics Market Drivers and Challenges
Latvia Recycled Plastics Price Trends
Latvia Recycled Plastics Porter`s Five Forces
Latvia Recycled Plastics Industry Life Cycle
Historical Data and Forecast of Latvia Recycled Plastics Market Revenues & Volume By Plastic Type for the Period 2021-2031
Historical Data and Forecast of Latvia Recycled Plastics Market Revenues & Volume By Polyethylene Terephthalate (Pet) for the Period 2021-2031
Historical Data and Forecast of Latvia Recycled Plastics Market Revenues & Volume By High Density Polyethylene (Hdpe) for the Period 2021-2031
Historical Data and Forecast of Latvia Recycled Plastics Market Revenues & Volume By Polypropylene (Pp) for the Period 2021-2031
Historical Data and Forecast of Latvia Recycled Plastics Market Revenues & Volume By Low Density Polyethylene (Ldpe) for the Period 2021-2031
Historical Data and Forecast of Latvia Recycled Plastics Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Latvia Recycled Plastics Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of Latvia Recycled Plastics Market Revenues & Volume By Non-food Contact Packaging for the Period 2021-2031
Historical Data and Forecast of Latvia Recycled Plastics Market Revenues & Volume By Food Contact Packaging for the Period 2021-2031
Historical Data and Forecast of Latvia Recycled Plastics Market Revenues & Volume By Construction for the Period 2021-2031
Historical Data and Forecast of Latvia Recycled Plastics Market Revenues & Volume By Automotive for the Period 2021-2031
Historical Data and Forecast of Latvia Recycled Plastics Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Latvia Recycled Plastics Market Revenues & Volume By Raw Material for the Period 2021-2031
Historical Data and Forecast of Latvia Recycled Plastics Market Revenues & Volume By Plastic Bottles for the Period 2021-2031
Historical Data and Forecast of Latvia Recycled Plastics Market Revenues & Volume By Plastic Films for the Period 2021-2031
Historical Data and Forecast of Latvia Recycled Plastics Market Revenues & Volume By Rigid Plastic And Foam for the Period 2021-2031
Historical Data and Forecast of Latvia Recycled Plastics Market Revenues & Volume By Fibres for the Period 2021-2031
Historical Data and Forecast of Latvia Recycled Plastics Market Revenues & Volume By Others for the Period 2021-2031
Latvia Recycled Plastics Import Export Trade Statistics
Market Opportunity Assessment By Plastic Type
Market Opportunity Assessment By Application
Market Opportunity Assessment By Raw Material
Latvia Recycled Plastics Top Companies Market Share
Latvia Recycled Plastics Competitive Benchmarking By Technical and Operational Parameters
Latvia Recycled Plastics Company Profiles
Latvia Recycled Plastics Key Strategic Recommendations

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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 Recycled Plastics Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Recycled Plastics Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Recycled Plastics Market - Industry Life Cycle

3.4 Latvia Recycled Plastics Market - Porter's Five Forces

3.5 Latvia Recycled Plastics Market Revenues & Volume Share, By Plastic Type, 2021 & 2031F

3.6 Latvia Recycled Plastics Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 Latvia Recycled Plastics Market Revenues & Volume Share, By Raw Material, 2021 & 2031F

4 Latvia Recycled Plastics Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing emphasis on sustainability and environmental concerns driving demand for recycled plastics.

4.2.2 Government regulations promoting the use of recycled plastics over virgin plastics.

4.2.3 Growing awareness among consumers and businesses about the benefits of using recycled plastics.

4.3 Market Restraints

4.3.1 Limited availability and quality of recycled plastics in the market.

4.3.2 Fluctuating prices of virgin plastics impacting the competitiveness of recycled plastics.

4.3.3 Lack of infrastructure and technology for efficient collection and processing of recyclable plastics.

5 Latvia Recycled Plastics Market Trends

6 Latvia Recycled Plastics Market Segmentations

6.1 Latvia Recycled Plastics Market, By Plastic Type

6.1.1 Overview and Analysis

6.1.2 Latvia Recycled Plastics Market Revenues & Volume, By Polyethylene Terephthalate (Pet), 2021-2031F

6.1.3 Latvia Recycled Plastics Market Revenues & Volume, By High Density Polyethylene (Hdpe), 2021-2031F

6.1.4 Latvia Recycled Plastics Market Revenues & Volume, By Polypropylene (Pp), 2021-2031F

6.1.5 Latvia Recycled Plastics Market Revenues & Volume, By Low Density Polyethylene (Ldpe), 2021-2031F

6.1.6 Latvia Recycled Plastics Market Revenues & Volume, By Others, 2021-2031F

6.2 Latvia Recycled Plastics Market, By Application

6.2.1 Overview and Analysis

6.2.2 Latvia Recycled Plastics Market Revenues & Volume, By Non-food Contact Packaging, 2021-2031F

6.2.3 Latvia Recycled Plastics Market Revenues & Volume, By Food Contact Packaging, 2021-2031F

6.2.4 Latvia Recycled Plastics Market Revenues & Volume, By Construction, 2021-2031F

6.2.5 Latvia Recycled Plastics Market Revenues & Volume, By Automotive, 2021-2031F

6.2.6 Latvia Recycled Plastics Market Revenues & Volume, By Others, 2021-2031F

6.3 Latvia Recycled Plastics Market, By Raw Material

6.3.1 Overview and Analysis

6.3.2 Latvia Recycled Plastics Market Revenues & Volume, By Plastic Bottles, 2021-2031F

6.3.3 Latvia Recycled Plastics Market Revenues & Volume, By Plastic Films, 2021-2031F

6.3.4 Latvia Recycled Plastics Market Revenues & Volume, By Rigid Plastic And Foam, 2021-2031F

6.3.5 Latvia Recycled Plastics Market Revenues & Volume, By Fibres, 2021-2031F

6.3.6 Latvia Recycled Plastics Market Revenues & Volume, By Others, 2021-2031F

7 Latvia Recycled Plastics Market Import-Export Trade Statistics

7.1 Latvia Recycled Plastics Market Export to Major Countries

7.2 Latvia Recycled Plastics Market Imports from Major Countries

8 Latvia Recycled Plastics Market Key Performance Indicators

8.1 Percentage of recycled content in products using plastics.

8.2 Investment in recycling infrastructure and technology.

8.3 Consumer awareness and perception of recycled plastics.

8.4 Government policies supporting the use of recycled plastics.

8.5 Recycling rates and volumes of plastics in Latvia.

9 Latvia Recycled Plastics Market - Opportunity Assessment

9.1 Latvia Recycled Plastics Market Opportunity Assessment, By Plastic Type, 2021 & 2031F

9.2 Latvia Recycled Plastics Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 Latvia Recycled Plastics Market Opportunity Assessment, By Raw Material, 2021 & 2031F

10 Latvia Recycled Plastics Market - Competitive Landscape

10.1 Latvia Recycled Plastics Market Revenue Share, By Companies, 2024

10.2 Latvia Recycled Plastics Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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