| Product Code: ETC5730473 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The transparent plastics import market in Latvia saw a shift in concentration levels from high to moderate in 2024, indicating a more diversified import landscape. With a healthy Compound Annual Growth Rate (CAGR) of 8.55% from 2020 to 2024, the industry experienced steady growth. In 2024, top exporting countries to Latvia included Poland, Lithuania, Netherlands, India, and Belgium, showcasing a variety of sources for transparent plastics imports. The modest growth rate of 2.0% from 2023 to 2024 suggests a stable trajectory for the market moving forward.

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 Transparent Plastics Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Transparent Plastics Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Transparent Plastics Market - Industry Life Cycle |
3.4 Latvia Transparent Plastics Market - Porter's Five Forces |
3.5 Latvia Transparent Plastics Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Transparent Plastics Market Revenues & Volume Share, By Polymer Type, 2021 & 2031F |
3.7 Latvia Transparent Plastics Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Transparent Plastics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable packaging solutions |
4.2.2 Growth in the food and beverage industry, driving the need for transparent plastic packaging |
4.2.3 Technological advancements in transparent plastic manufacturing processes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Environmental concerns leading to a shift towards alternative packaging materials |
4.3.3 Stringent regulations on plastic usage and disposal |
5 Latvia Transparent Plastics Market Trends |
6 Latvia Transparent Plastics Market Segmentations |
6.1 Latvia Transparent Plastics Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Transparent Plastics Market Revenues & Volume, By Rigid, 2021-2031F |
6.1.3 Latvia Transparent Plastics Market Revenues & Volume, By Flexible, 2021-2031F |
6.2 Latvia Transparent Plastics Market, By Polymer Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Transparent Plastics Market Revenues & Volume, By PET, 2021-2031F |
6.2.3 Latvia Transparent Plastics Market Revenues & Volume, By PVC, 2021-2031F |
6.2.4 Latvia Transparent Plastics Market Revenues & Volume, By PP, 2021-2031F |
6.2.5 Latvia Transparent Plastics Market Revenues & Volume, By PS, 2021-2031F |
6.2.6 Latvia Transparent Plastics Market Revenues & Volume, By PC, 2021-2031F |
6.2.7 Latvia Transparent Plastics Market Revenues & Volume, By PMMA, 2021-2031F |
6.3 Latvia Transparent Plastics Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Transparent Plastics Market Revenues & Volume, By Packaging, 2021-2031F |
6.3.3 Latvia Transparent Plastics Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.4 Latvia Transparent Plastics Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.3.5 Latvia Transparent Plastics Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.6 Latvia Transparent Plastics Market Revenues & Volume, By Consumer Goods, 2021-2031F |
7 Latvia Transparent Plastics Market Import-Export Trade Statistics |
7.1 Latvia Transparent Plastics Market Export to Major Countries |
7.2 Latvia Transparent Plastics Market Imports from Major Countries |
8 Latvia Transparent Plastics Market Key Performance Indicators |
8.1 Recycling rate of transparent plastics in Latvia |
8.2 Adoption rate of bio-based or compostable transparent plastics |
8.3 Investment in research and development for eco-friendly plastic alternatives |
9 Latvia Transparent Plastics Market - Opportunity Assessment |
9.1 Latvia Transparent Plastics Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Transparent Plastics Market Opportunity Assessment, By Polymer Type, 2021 & 2031F |
9.3 Latvia Transparent Plastics Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Transparent Plastics Market - Competitive Landscape |
10.1 Latvia Transparent Plastics Market Revenue Share, By Companies, 2024 |
10.2 Latvia Transparent Plastics 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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