| Product Code: ETC7907105 | 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 |
In 2024, Latvia saw a steady inflow of cast films imports primarily from Lithuania, Poland, Turkey, Spain, and the Netherlands. Despite moderate concentration levels measured by the Herfindahl-Hirschman Index (HHI), the market experienced a slight decline in Compound Annual Growth Rate (CAGR) from 2020 to 2024. However, there was a positive uptick in growth from 2023 to 2024, indicating potential opportunities for expansion and diversification in the Latvian cast films import market.

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 Cast Films Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Cast Films Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Cast Films Market - Industry Life Cycle |
3.4 Latvia Cast Films Market - Porter's Five Forces |
3.5 Latvia Cast Films Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Latvia Cast Films Market Revenues & Volume Share, By Thickness, 2021 & 2031F |
3.7 Latvia Cast Films Market Revenues & Volume Share, By Packaging Format, 2021 & 2031F |
3.8 Latvia Cast Films Market Revenues & Volume Share, By Layer Type, 2021 & 2031F |
3.9 Latvia Cast Films Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Latvia Cast Films Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for flexible packaging solutions in various industries |
4.2.2 Increasing use of cast films in food packaging due to their superior barrier properties |
4.2.3 Technological advancements leading to improved quality and performance of cast films |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Regulatory challenges and environmental concerns regarding the disposal of plastic films |
5 Latvia Cast Films Market Trends |
6 Latvia Cast Films Market, By Types |
6.1 Latvia Cast Films Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Latvia Cast Films Market Revenues & Volume, By Material, 2021- 2031F |
6.1.3 Latvia Cast Films Market Revenues & Volume, By Polyethylene, 2021- 2031F |
6.1.4 Latvia Cast Films Market Revenues & Volume, By Polypropylene, 2021- 2031F |
6.1.5 Latvia Cast Films Market Revenues & Volume, By Polyamide, 2021- 2031F |
6.1.6 Latvia Cast Films Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Cast Films Market, By Thickness |
6.2.1 Overview and Analysis |
6.2.2 Latvia Cast Films Market Revenues & Volume, By Upto 30 Micron, 2021- 2031F |
6.2.3 Latvia Cast Films Market Revenues & Volume, By 30-50 Micron, 2021- 2031F |
6.2.4 Latvia Cast Films Market Revenues & Volume, By 50-70 Micron, 2021- 2031F |
6.2.5 Latvia Cast Films Market Revenues & Volume, By Above 70 Micron, 2021- 2031F |
6.3 Latvia Cast Films Market, By Packaging Format |
6.3.1 Overview and Analysis |
6.3.2 Latvia Cast Films Market Revenues & Volume, By Pouches, 2021- 2031F |
6.3.3 Latvia Cast Films Market Revenues & Volume, By Bags, 2021- 2031F |
6.3.4 Latvia Cast Films Market Revenues & Volume, By Laminates, 2021- 2031F |
6.3.5 Latvia Cast Films Market Revenues & Volume, By Wraps, 2021- 2031F |
6.3.6 Latvia Cast Films Market Revenues & Volume, By Labels, 2021- 2031F |
6.4 Latvia Cast Films Market, By Layer Type |
6.4.1 Overview and Analysis |
6.4.2 Latvia Cast Films Market Revenues & Volume, By Multi-Layer, 2021- 2031F |
6.4.3 Latvia Cast Films Market Revenues & Volume, By Mono-Layer, 2021- 2031F |
6.5 Latvia Cast Films Market, By End Use Industry |
6.5.1 Overview and Analysis |
6.5.2 Latvia Cast Films Market Revenues & Volume, By Food & Beverages, 2021- 2031F |
6.5.3 Latvia Cast Films Market Revenues & Volume, By Personal Care, 2021- 2031F |
6.5.4 Latvia Cast Films Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.5.5 Latvia Cast Films Market Revenues & Volume, By Electrical & Electronics, 2021- 2031F |
6.5.6 Latvia Cast Films Market Revenues & Volume, By Industrial, 2021- 2031F |
6.5.7 Latvia Cast Films Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Cast Films Market Import-Export Trade Statistics |
7.1 Latvia Cast Films Market Export to Major Countries |
7.2 Latvia Cast Films Market Imports from Major Countries |
8 Latvia Cast Films Market Key Performance Indicators |
8.1 Innovation rate in cast film production technology |
8.2 Adoption rate of eco-friendly materials in cast film manufacturing |
8.3 Percentage of market share held by cast films in key industries |
9 Latvia Cast Films Market - Opportunity Assessment |
9.1 Latvia Cast Films Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Latvia Cast Films Market Opportunity Assessment, By Thickness, 2021 & 2031F |
9.3 Latvia Cast Films Market Opportunity Assessment, By Packaging Format, 2021 & 2031F |
9.4 Latvia Cast Films Market Opportunity Assessment, By Layer Type, 2021 & 2031F |
9.5 Latvia Cast Films Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Latvia Cast Films Market - Competitive Landscape |
10.1 Latvia Cast Films Market Revenue Share, By Companies, 2024 |
10.2 Latvia Cast Films 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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