| Product Code: ETC5742709 | 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 consumer foam import market in 2024 continued to show high concentration, with top suppliers being Lithuania, Sweden, Estonia, Poland, and Germany. Despite a healthy compound annual growth rate (CAGR) of 4.04% from 2020 to 2024, there was a significant decline in growth rate from 2023 to 2024, dropping by -34.74%. This indicates a challenging year for the sector, possibly impacted by various economic factors. Monitoring market trends and adjusting strategies accordingly will be crucial for stakeholders in the consumer foam import 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 Consumer Foam Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Consumer Foam Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Consumer Foam Market - Industry Life Cycle |
3.4 Latvia Consumer Foam Market - Porter's Five Forces |
3.5 Latvia Consumer Foam Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Latvia Consumer Foam Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Latvia Consumer Foam Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the benefits of foam products |
4.2.2 Growing demand for eco-friendly and sustainable foam materials |
4.2.3 Technological advancements leading to the development of innovative foam products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Intense competition from alternative materials in the consumer goods market |
4.3.3 Stringent regulations related to foam manufacturing processes and environmental impact |
5 Latvia Consumer Foam Market Trends |
6 Latvia Consumer Foam Market Segmentations |
6.1 Latvia Consumer Foam Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Consumer Foam Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.1.3 Latvia Consumer Foam Market Revenues & Volume, By Polystyrene, 2021-2031F |
6.1.4 Latvia Consumer Foam Market Revenues & Volume, By Polyolefins, 2021-2031F |
6.1.5 Latvia Consumer Foam Market Revenues & Volume, By Phenolic, 2021-2031F |
6.2 Latvia Consumer Foam Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Latvia Consumer Foam Market Revenues & Volume, By Bedding & Furniture, 2021-2031F |
6.2.3 Latvia Consumer Foam Market Revenues & Volume, By Footwear, 2021-2031F |
6.2.4 Latvia Consumer Foam Market Revenues & Volume, By Automotive, 2021-2031F |
7 Latvia Consumer Foam Market Import-Export Trade Statistics |
7.1 Latvia Consumer Foam Market Export to Major Countries |
7.2 Latvia Consumer Foam Market Imports from Major Countries |
8 Latvia Consumer Foam Market Key Performance Indicators |
8.1 Percentage of market share held by eco-friendly foam products |
8.2 Consumer satisfaction and loyalty metrics for foam products |
8.3 Adoption rate of innovative foam technologies in the consumer market |
9 Latvia Consumer Foam Market - Opportunity Assessment |
9.1 Latvia Consumer Foam Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Latvia Consumer Foam Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Latvia Consumer Foam Market - Competitive Landscape |
10.1 Latvia Consumer Foam Market Revenue Share, By Companies, 2024 |
10.2 Latvia Consumer Foam 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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