| Product Code: ETC4754804 | 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`s rotary die cutters import market in 2024 saw significant growth, with top exporters such as Italy, Germany, and China leading the way. The low Herfindahl-Hirschman Index (HHI) indicates a competitive market landscape. The impressive compound annual growth rate (CAGR) of 12.2% from 2020 to 2024 highlights the increasing demand for rotary die cutters in Latvia. Moreover, the remarkable growth rate of 48.86% from 2023 to 2024 suggests a thriving market with potential opportunities for both domestic and international 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 Rotary Die Cutters Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Rotary Die Cutters Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Rotary Die Cutters Market - Industry Life Cycle |
3.4 Latvia Rotary Die Cutters Market - Porter's Five Forces |
3.5 Latvia Rotary Die Cutters Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Latvia Rotary Die Cutters Market Revenues & Volume Share, By Application Type, 2021 & 2031F |
3.7 Latvia Rotary Die Cutters Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Latvia Rotary Die Cutters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for customized packaging solutions in various industries |
4.2.2 Increasing focus on enhancing production efficiency and reducing operational costs |
4.2.3 Technological advancements leading to improved precision and speed in die-cutting processes |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with rotary die cutters |
4.3.2 Limited awareness among small and medium enterprises about the benefits of rotary die cutting technology |
4.3.3 Lack of skilled workforce proficient in operating and maintaining rotary die cutters |
5 Latvia Rotary Die Cutters Market Trends |
6 Latvia Rotary Die Cutters Market Segmentations |
6.1 Latvia Rotary Die Cutters Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Rotary Die Cutters Market Revenues & Volume, By Film, 2021-2031F |
6.1.3 Latvia Rotary Die Cutters Market Revenues & Volume, By Pouch, 2021-2031F |
6.1.4 Latvia Rotary Die Cutters Market Revenues & Volume, By Tapes & Adhesives, 2021-2031F |
6.1.5 Latvia Rotary Die Cutters Market Revenues & Volume, By Folding Boxes, 2021-2031F |
6.1.6 Latvia Rotary Die Cutters Market Revenues & Volume, By Foam, 2021-2031F |
6.1.7 Latvia Rotary Die Cutters Market Revenues & Volume, By Paper, 2021-2031F |
6.2 Latvia Rotary Die Cutters Market, By Application Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Rotary Die Cutters Market Revenues & Volume, By Die Cutting, 2021-2031F |
6.2.3 Latvia Rotary Die Cutters Market Revenues & Volume, By Perforating, 2021-2031F |
6.2.4 Latvia Rotary Die Cutters Market Revenues & Volume, By Scoring, 2021-2031F |
6.2.5 Latvia Rotary Die Cutters Market Revenues & Volume, By Slitting, 2021-2031F |
6.2.6 Latvia Rotary Die Cutters Market Revenues & Volume, By Embossing, 2021-2031F |
6.3 Latvia Rotary Die Cutters Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Latvia Rotary Die Cutters Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.3.3 Latvia Rotary Die Cutters Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.4 Latvia Rotary Die Cutters Market Revenues & Volume, By Cosmetics & Personal Care, 2021-2031F |
6.3.5 Latvia Rotary Die Cutters Market Revenues & Volume, By Electronics & Electricals, 2021-2031F |
6.3.6 Latvia Rotary Die Cutters Market Revenues & Volume, By Textile, 2021-2031F |
6.3.7 Latvia Rotary Die Cutters Market Revenues & Volume, By Building & Construction, 2021-2031F |
7 Latvia Rotary Die Cutters Market Import-Export Trade Statistics |
7.1 Latvia Rotary Die Cutters Market Export to Major Countries |
7.2 Latvia Rotary Die Cutters Market Imports from Major Countries |
8 Latvia Rotary Die Cutters Market Key Performance Indicators |
8.1 Average setup time for rotary die cutting operations |
8.2 Percentage increase in production output after adopting rotary die cutting technology |
8.3 Frequency of machine downtime for maintenance purposes |
9 Latvia Rotary Die Cutters Market - Opportunity Assessment |
9.1 Latvia Rotary Die Cutters Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Latvia Rotary Die Cutters Market Opportunity Assessment, By Application Type, 2021 & 2031F |
9.3 Latvia Rotary Die Cutters Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Latvia Rotary Die Cutters Market - Competitive Landscape |
10.1 Latvia Rotary Die Cutters Market Revenue Share, By Companies, 2024 |
10.2 Latvia Rotary Die Cutters Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |