| Product Code: ETC7924447 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s water-based adhesive import market in 2024 continued to be dominated by neighboring countries such as Estonia, Poland, and Lithuania, as well as key players like Germany and Sweden. The high concentration levels indicated by the Herfindahl-Hirschman Index (HHI) suggest a competitive landscape. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-2024 remained strong at 8.98%, showcasing a promising outlook for the industry in Latvia.

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 Water Based Adhesive Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Water Based Adhesive Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Water Based Adhesive Market - Industry Life Cycle |
3.4 Latvia Water Based Adhesive Market - Porter's Five Forces |
3.5 Latvia Water Based Adhesive Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Water Based Adhesive Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Water Based Adhesive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about environmental sustainability leading to a preference for water-based adhesives. |
4.2.2 Growing demand for eco-friendly and non-toxic adhesive solutions in various industries. |
4.2.3 Favorable government regulations promoting the use of water-based adhesives in Latvia. |
4.3 Market Restraints |
4.3.1 Higher initial cost of water-based adhesives compared to solvent-based alternatives. |
4.3.2 Limited availability of advanced water-based adhesive technologies in the Latvian market. |
4.3.3 Challenges in achieving the same level of bond strength and performance as solvent-based adhesives. |
5 Latvia Water Based Adhesive Market Trends |
6 Latvia Water Based Adhesive Market, By Types |
6.1 Latvia Water Based Adhesive Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Water Based Adhesive Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Water Based Adhesive Market Revenues & Volume, By Natural, 2021- 2031F |
6.1.4 Latvia Water Based Adhesive Market Revenues & Volume, By Synthetic, 2021- 2031F |
6.2 Latvia Water Based Adhesive Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Water Based Adhesive Market Revenues & Volume, By Packaging, 2021- 2031F |
6.2.3 Latvia Water Based Adhesive Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.4 Latvia Water Based Adhesive Market Revenues & Volume, By Electrical & Electronics, 2021- 2031F |
6.2.5 Latvia Water Based Adhesive Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.6 Latvia Water Based Adhesive Market Revenues & Volume, By Furniture, 2021- 2031F |
6.2.7 Latvia Water Based Adhesive Market Revenues & Volume, By Other, 2021- 2031F |
7 Latvia Water Based Adhesive Market Import-Export Trade Statistics |
7.1 Latvia Water Based Adhesive Market Export to Major Countries |
7.2 Latvia Water Based Adhesive Market Imports from Major Countries |
8 Latvia Water Based Adhesive Market Key Performance Indicators |
8.1 Percentage of companies adopting water-based adhesive solutions in Latvia. |
8.2 Research and development investment in water-based adhesive technology. |
8.3 Percentage reduction in VOC emissions attributed to the shift towards water-based adhesives in Latvia. |
9 Latvia Water Based Adhesive Market - Opportunity Assessment |
9.1 Latvia Water Based Adhesive Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Water Based Adhesive Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Water Based Adhesive Market - Competitive Landscape |
10.1 Latvia Water Based Adhesive Market Revenue Share, By Companies, 2024 |
10.2 Latvia Water Based Adhesive Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |