| Product Code: ETC4651064 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Latvia packaging trays import market saw a notable shift in 2024, with top exporters including neighboring countries like Estonia, Poland, and Lithuania, as well as major players like Germany and Italy. The market concentration, as measured by the HHI, increased from high to very high in just one year, indicating a more consolidated market landscape. Despite a negative CAGR and a slight decline in growth rate from 2023 to 2024, the continued interest from key exporting countries suggests potential opportunities for market players to explore 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 Packaging Trays Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Packaging Trays Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Packaging Trays Market - Industry Life Cycle |
3.4 Latvia Packaging Trays Market - Porter's Five Forces |
3.5 Latvia Packaging Trays Market Revenues & Volume Share, By Material Types, 2021 & 2031F |
3.6 Latvia Packaging Trays Market Revenues & Volume Share, By Forms, 2021 & 2031F |
3.7 Latvia Packaging Trays Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Latvia Packaging Trays Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for convenient and eco-friendly packaging solutions |
4.2.2 Growth in the food and beverage industry driving the need for packaging trays |
4.2.3 Technological advancements leading to innovative packaging tray designs |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Stringent regulations related to packaging materials and waste management |
5 Latvia Packaging Trays Market Trends |
6 Latvia Packaging Trays Market Segmentations |
6.1 Latvia Packaging Trays Market, By Material Types |
6.1.1 Overview and Analysis |
6.1.2 Latvia Packaging Trays Market Revenues & Volume, By PET, 2021-2031F |
6.1.3 Latvia Packaging Trays Market Revenues & Volume, By PVC, 2021-2031F |
6.1.4 Latvia Packaging Trays Market Revenues & Volume, By Polypropylene, 2021-2031F |
6.1.5 Latvia Packaging Trays Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Packaging Trays Market, By Forms |
6.2.1 Overview and Analysis |
6.2.2 Latvia Packaging Trays Market Revenues & Volume, By Flexible, 2021-2031F |
6.2.3 Latvia Packaging Trays Market Revenues & Volume, By Semi-Flexible, 2021-2031F |
6.3 Latvia Packaging Trays Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Latvia Packaging Trays Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.3 Latvia Packaging Trays Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.4 Latvia Packaging Trays Market Revenues & Volume, By Retail, 2021-2031F |
6.3.5 Latvia Packaging Trays Market Revenues & Volume, By Cosmetic & Personal Care, 2021-2031F |
6.3.6 Latvia Packaging Trays Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Packaging Trays Market Import-Export Trade Statistics |
7.1 Latvia Packaging Trays Market Export to Major Countries |
7.2 Latvia Packaging Trays Market Imports from Major Countries |
8 Latvia Packaging Trays Market Key Performance Indicators |
8.1 Sustainability metrics such as percentage of recyclable materials used in packaging trays |
8.2 Adoption rate of innovative packaging tray designs in the market |
8.3 Customer satisfaction indicators related to the convenience and functionality of packaging trays |
9 Latvia Packaging Trays Market - Opportunity Assessment |
9.1 Latvia Packaging Trays Market Opportunity Assessment, By Material Types, 2021 & 2031F |
9.2 Latvia Packaging Trays Market Opportunity Assessment, By Forms, 2021 & 2031F |
9.3 Latvia Packaging Trays Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Latvia Packaging Trays Market - Competitive Landscape |
10.1 Latvia Packaging Trays Market Revenue Share, By Companies, 2024 |
10.2 Latvia Packaging Trays 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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