| Product Code: ETC7924694 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of wicketed bags to Latvia in 2024 saw a diverse range of top exporting countries including Poland, Lithuania, Estonia, Germany, and Denmark. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), decreased from moderate to low concentration, indicating a more competitive landscape. With a strong compound annual growth rate (CAGR) of 7.11% from 2020 to 2024 and a healthy growth rate of 4.04% from 2023 to 2024, the wicketed bags market in Latvia is showing promising signs of expansion and attractiveness to international exporters.

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 Wicketed Bags Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Wicketed Bags Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Wicketed Bags Market - Industry Life Cycle |
3.4 Latvia Wicketed Bags Market - Porter's Five Forces |
3.5 Latvia Wicketed Bags Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Wicketed Bags Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Wicketed Bags Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing environmental awareness leading to a shift towards eco-friendly packaging solutions. |
4.2.2 Growing demand for convenient and hygienic packaging solutions in the food and retail sectors. |
4.2.3 Favorable government regulations promoting the use of sustainable packaging materials. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs. |
4.3.2 Intense competition from alternative packaging solutions like reusable bags and paper bags. |
4.3.3 Limited consumer awareness about the benefits of wicketed bags compared to other packaging options. |
5 Latvia Wicketed Bags Market Trends |
6 Latvia Wicketed Bags Market, By Types |
6.1 Latvia Wicketed Bags Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Wicketed Bags Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Wicketed Bags Market Revenues & Volume, By PE, 2021- 2031F |
6.1.4 Latvia Wicketed Bags Market Revenues & Volume, By PVDC, 2021- 2031F |
6.1.5 Latvia Wicketed Bags Market Revenues & Volume, By CPP, 2021- 2031F |
6.1.6 Latvia Wicketed Bags Market Revenues & Volume, By PVC, 2021- 2031F |
6.1.7 Latvia Wicketed Bags Market Revenues & Volume, By PET, 2021- 2031F |
6.1.8 Latvia Wicketed Bags Market Revenues & Volume, By PA, 2021- 2031F |
6.2 Latvia Wicketed Bags Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Wicketed Bags Market Revenues & Volume, By Food, 2021- 2031F |
6.2.3 Latvia Wicketed Bags Market Revenues & Volume, By Phaemaceuticals, 2021- 2031F |
6.2.4 Latvia Wicketed Bags Market Revenues & Volume, By Personal Care, 2021- 2031F |
6.2.5 Latvia Wicketed Bags Market Revenues & Volume, By Induetrial Goods, 2021- 2031F |
6.2.6 Latvia Wicketed Bags Market Revenues & Volume, By Other, 2021- 2031F |
7 Latvia Wicketed Bags Market Import-Export Trade Statistics |
7.1 Latvia Wicketed Bags Market Export to Major Countries |
7.2 Latvia Wicketed Bags Market Imports from Major Countries |
8 Latvia Wicketed Bags Market Key Performance Indicators |
8.1 Percentage increase in the adoption of sustainable packaging solutions in the Latvian market. |
8.2 Rate of growth in the food and retail sectors utilizing wicketed bags for packaging. |
8.3 Number of government initiatives supporting the use of eco-friendly packaging materials in Latvia. |
9 Latvia Wicketed Bags Market - Opportunity Assessment |
9.1 Latvia Wicketed Bags Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Wicketed Bags Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Wicketed Bags Market - Competitive Landscape |
10.1 Latvia Wicketed Bags Market Revenue Share, By Companies, 2024 |
10.2 Latvia Wicketed Bags Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |