| Product Code: ETC5737655 | 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 |
Latvia`s wood plastic composite import market saw significant growth in 2024, with top exporters Lithuania, Poland, Estonia, Germany, and China dominating the landscape. The market concentration shifted from low to moderate, indicating a more competitive environment. The impressive Compound Annual Growth Rate (CAGR) of 6.89% from 2020 to 2024, coupled with a notable growth rate of 9.07% from 2023 to 2024, showcases the increasing demand for wood plastic composites in Latvia. This trend suggests a promising outlook for the industry in the coming years.

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 Wood Plastic Composite Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Wood Plastic Composite Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Wood Plastic Composite Market - Industry Life Cycle |
3.4 Latvia Wood Plastic Composite Market - Porter's Five Forces |
3.5 Latvia Wood Plastic Composite Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Wood Plastic Composite Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Wood Plastic Composite Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for environmentally friendly and sustainable building materials |
4.2.2 Growing construction and infrastructure development activities in Latvia |
4.2.3 Rising awareness about the benefits of wood plastic composites in terms of durability and low maintenance |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in wood plastic composite production |
4.3.2 Lack of standardized regulations and certifications in the wood plastic composite industry in Latvia |
4.3.3 Competition from traditional building materials like wood and concrete |
5 Latvia Wood Plastic Composite Market Trends |
6 Latvia Wood Plastic Composite Market Segmentations |
6.1 Latvia Wood Plastic Composite Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Wood Plastic Composite Market Revenues & Volume, By Polyethylene, 2021-2031F |
6.1.3 Latvia Wood Plastic Composite Market Revenues & Volume, By Polyvinylchloride, 2021-2031F |
6.1.4 Latvia Wood Plastic Composite Market Revenues & Volume, By Polypropylene, 2021-2031F |
6.1.5 Latvia Wood Plastic Composite Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Wood Plastic Composite Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Wood Plastic Composite Market Revenues & Volume, By Building & Construction Products, 2021-2031F |
6.2.3 Latvia Wood Plastic Composite Market Revenues & Volume, By Automotive Components, 2021-2031F |
6.2.4 Latvia Wood Plastic Composite Market Revenues & Volume, By Industrial & Consumer Goods, 2021-2031F |
6.2.5 Latvia Wood Plastic Composite Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Wood Plastic Composite Market Import-Export Trade Statistics |
7.1 Latvia Wood Plastic Composite Market Export to Major Countries |
7.2 Latvia Wood Plastic Composite Market Imports from Major Countries |
8 Latvia Wood Plastic Composite Market Key Performance Indicators |
8.1 Number of new construction projects incorporating wood plastic composites |
8.2 Percentage increase in the use of wood plastic composites in the building and construction sector |
8.3 Customer satisfaction ratings with wood plastic composite products and applications |
9 Latvia Wood Plastic Composite Market - Opportunity Assessment |
9.1 Latvia Wood Plastic Composite Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Wood Plastic Composite Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Wood Plastic Composite Market - Competitive Landscape |
10.1 Latvia Wood Plastic Composite Market Revenue Share, By Companies, 2024 |
10.2 Latvia Wood Plastic Composite Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |