| Product Code: ETC10451701 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Latvia`s import of rigid transparent plastic saw a diverse range of top exporting countries in 2024, including Poland, Lithuania, Netherlands, India, and Belgium. The market showed a shift from high concentration in 2023 to a more moderate concentration in 2024, indicating increased competition. With a strong compound annual growth rate (CAGR) of 8.55% from 2020 to 2024 and a steady growth rate of 2.0% from 2023 to 2024, the market for rigid transparent plastic imports in Latvia appears to be experiencing steady expansion and potential opportunities for further development.

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 Rigid Transparent Plastic Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Rigid Transparent Plastic Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Rigid Transparent Plastic Market - Industry Life Cycle |
3.4 Latvia Rigid Transparent Plastic Market - Porter's Five Forces |
3.5 Latvia Rigid Transparent Plastic Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Rigid Transparent Plastic Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Latvia Rigid Transparent Plastic Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Rigid Transparent Plastic Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Latvia Rigid Transparent Plastic Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for eco-friendly and sustainable packaging solutions |
4.2.2 Increasing adoption of rigid transparent plastics in various industries like food and beverage, healthcare, and electronics |
4.2.3 Technological advancements leading to the development of innovative and high-performance rigid transparent plastic materials |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Stringent regulations on plastic usage and disposal affecting market growth |
4.3.3 Competition from alternative packaging materials such as glass and metal |
5 Latvia Rigid Transparent Plastic Market Trends |
6 Latvia Rigid Transparent Plastic Market, By Types |
6.1 Latvia Rigid Transparent Plastic Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Rigid Transparent Plastic Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Rigid Transparent Plastic Market Revenues & Volume, By Sheets, 2021 - 2031F |
6.1.4 Latvia Rigid Transparent Plastic Market Revenues & Volume, By Panels, 2021 - 2031F |
6.1.5 Latvia Rigid Transparent Plastic Market Revenues & Volume, By Films, 2021 - 2031F |
6.1.6 Latvia Rigid Transparent Plastic Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Latvia Rigid Transparent Plastic Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Latvia Rigid Transparent Plastic Market Revenues & Volume, By Polycarbonate, 2021 - 2031F |
6.2.3 Latvia Rigid Transparent Plastic Market Revenues & Volume, By Acrylic, 2021 - 2031F |
6.2.4 Latvia Rigid Transparent Plastic Market Revenues & Volume, By PET, 2021 - 2031F |
6.2.5 Latvia Rigid Transparent Plastic Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Latvia Rigid Transparent Plastic Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Rigid Transparent Plastic Market Revenues & Volume, By Protective Barriers, 2021 - 2031F |
6.3.3 Latvia Rigid Transparent Plastic Market Revenues & Volume, By Display Cases, 2021 - 2031F |
6.3.4 Latvia Rigid Transparent Plastic Market Revenues & Volume, By Packaging, 2021 - 2031F |
6.3.5 Latvia Rigid Transparent Plastic Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Latvia Rigid Transparent Plastic Market, By End Use Industry |
6.4.1 Overview and Analysis |
6.4.2 Latvia Rigid Transparent Plastic Market Revenues & Volume, By Construction, 2021 - 2031F |
6.4.3 Latvia Rigid Transparent Plastic Market Revenues & Volume, By Retail, 2021 - 2031F |
6.4.4 Latvia Rigid Transparent Plastic Market Revenues & Volume, By Food & Beverage, 2021 - 2031F |
6.4.5 Latvia Rigid Transparent Plastic Market Revenues & Volume, By Others, 2021 - 2031F |
7 Latvia Rigid Transparent Plastic Market Import-Export Trade Statistics |
7.1 Latvia Rigid Transparent Plastic Market Export to Major Countries |
7.2 Latvia Rigid Transparent Plastic Market Imports from Major Countries |
8 Latvia Rigid Transparent Plastic Market Key Performance Indicators |
8.1 Recycling rate of rigid transparent plastics in Latvia |
8.2 Adoption rate of bio-based or recyclable rigid transparent plastics |
8.3 Investment in research and development for new rigid transparent plastic formulations |
8.4 Percentage of market share held by rigid transparent plastic products with innovative features |
8.5 Consumer perception and acceptance of rigid transparent plastics as a sustainable packaging option |
9 Latvia Rigid Transparent Plastic Market - Opportunity Assessment |
9.1 Latvia Rigid Transparent Plastic Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Rigid Transparent Plastic Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Latvia Rigid Transparent Plastic Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Rigid Transparent Plastic Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Latvia Rigid Transparent Plastic Market - Competitive Landscape |
10.1 Latvia Rigid Transparent Plastic Market Revenue Share, By Companies, 2024 |
10.2 Latvia Rigid Transparent Plastic 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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