| Product Code: ETC7906203 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s blow molded plastic import shipments in 2024 continued to show a high level of concentration, with Lithuania, Poland, UK, China, and Germany being the top exporting countries. The Herfindahl-Hirschman Index (HHI) remained elevated, indicating a competitive market. The compound annual growth rate (CAGR) from 2020 to 2024 was steady at 3.37%, while the growth rate from 2023 to 2024 spiked to 6.97%, reflecting an increasing demand for blow molded plastics in Latvia. This data suggests a positive 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 Blow Molded Plastic Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Blow Molded Plastic Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Blow Molded Plastic Market - Industry Life Cycle |
3.4 Latvia Blow Molded Plastic Market - Porter's Five Forces |
3.5 Latvia Blow Molded Plastic Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Latvia Blow Molded Plastic Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Latvia Blow Molded Plastic Market Revenues & Volume Share, By Point of Usage, 2021 & 2031F |
3.8 Latvia Blow Molded Plastic Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Blow Molded Plastic Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and durable packaging solutions |
4.2.2 Growing focus on sustainability and recyclability in packaging materials |
4.2.3 Technological advancements leading to improved production efficiency |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as plastic resins |
4.3.2 Environmental concerns regarding plastic waste and pollution |
5 Latvia Blow Molded Plastic Market Trends |
6 Latvia Blow Molded Plastic Market, By Types |
6.1 Latvia Blow Molded Plastic Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Latvia Blow Molded Plastic Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Latvia Blow Molded Plastic Market Revenues & Volume, By Injection blow molding, 2021- 2031F |
6.1.4 Latvia Blow Molded Plastic Market Revenues & Volume, By Extrusion blow molding, 2021- 2031F |
6.1.5 Latvia Blow Molded Plastic Market Revenues & Volume, By Stretch blow molding, 2021- 2031F |
6.1.6 Latvia Blow Molded Plastic Market Revenues & Volume, By Compound blow molding, 2021- 2031F |
6.2 Latvia Blow Molded Plastic Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Latvia Blow Molded Plastic Market Revenues & Volume, By Polypropylene (PP), 2021- 2031F |
6.2.3 Latvia Blow Molded Plastic Market Revenues & Volume, By Acrylonitrile butadiene styrene (ABS), 2021- 2031F |
6.2.4 Latvia Blow Molded Plastic Market Revenues & Volume, By Polyethylene (PE), 2021- 2031F |
6.2.5 Latvia Blow Molded Plastic Market Revenues & Volume, By Polystyrene (PS), 2021- 2031F |
6.2.6 Latvia Blow Molded Plastic Market Revenues & Volume, By Polyvinyl Chloride (PVC), 2021- 2031F |
6.2.7 Latvia Blow Molded Plastic Market Revenues & Volume, By Polyethylene terephthalate (PET), 2021- 2031F |
6.3 Latvia Blow Molded Plastic Market, By Point of Usage |
6.3.1 Overview and Analysis |
6.3.2 Latvia Blow Molded Plastic Market Revenues & Volume, By Household Industrial Chemical Containers, 2021- 2031F |
6.3.3 Latvia Blow Molded Plastic Market Revenues & Volume, By Toiletries & Cosmetics and Personal Care & Medical, 2021- 2031F |
6.3.4 Latvia Blow Molded Plastic Market Revenues & Volume, By Food & Beverage Bottles, 2021- 2031F |
6.3.5 Latvia Blow Molded Plastic Market Revenues & Volume, By Industrial Containers & Drums, 2021- 2031F |
6.3.6 Latvia Blow Molded Plastic Market Revenues & Volume, By Pipes, Cable & Insulation, 2021- 2031F |
6.3.7 Latvia Blow Molded Plastic Market Revenues & Volume, By Automotive & Transportation, 2021- 2031F |
6.4 Latvia Blow Molded Plastic Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Blow Molded Plastic Market Revenues & Volume, By Packaging, 2021- 2031F |
6.4.3 Latvia Blow Molded Plastic Market Revenues & Volume, By Consumables & Electronics, 2021- 2031F |
6.4.4 Latvia Blow Molded Plastic Market Revenues & Volume, By Automotive & Transport, 2021- 2031F |
6.4.5 Latvia Blow Molded Plastic Market Revenues & Volume, By Building & Construction, 2021- 2031F |
7 Latvia Blow Molded Plastic Market Import-Export Trade Statistics |
7.1 Latvia Blow Molded Plastic Market Export to Major Countries |
7.2 Latvia Blow Molded Plastic Market Imports from Major Countries |
8 Latvia Blow Molded Plastic Market Key Performance Indicators |
8.1 Percentage of recycled materials used in blow molded plastic production |
8.2 Energy efficiency in the manufacturing process |
8.3 Innovation rate in product development and design |
9 Latvia Blow Molded Plastic Market - Opportunity Assessment |
9.1 Latvia Blow Molded Plastic Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Latvia Blow Molded Plastic Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Latvia Blow Molded Plastic Market Opportunity Assessment, By Point of Usage, 2021 & 2031F |
9.4 Latvia Blow Molded Plastic Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Blow Molded Plastic Market - Competitive Landscape |
10.1 Latvia Blow Molded Plastic Market Revenue Share, By Companies, 2024 |
10.2 Latvia Blow Molded Plastic 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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