| Product Code: ETC4649734 | 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 plastic film import market in Latvia saw a notable increase in concentration in 2024, with top exporting countries being Lithuania, Poland, Turkey, Germany, and Netherlands. This shift towards moderate concentration indicates a potential change in market dynamics. The steady compound annual growth rate (CAGR) of 0.77% from 2020 to 2024 reflects stable growth, while the growth rate of 5.21% from 2023 to 2024 suggests an acceleration in import demand. Market players should closely monitor these trends to capitalize on emerging opportunities in the Latvian plastic film import industry.

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 Plastic Film Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Plastic Film Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Plastic Film Market - Industry Life Cycle |
3.4 Latvia Plastic Film Market - Porter's Five Forces |
3.5 Latvia Plastic Film Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Latvia Plastic Film Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Latvia Plastic Film Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable and eco-friendly packaging solutions |
4.2.2 Growth in the food and beverage industry driving the demand for plastic film packaging |
4.2.3 Technological advancements leading to the development of innovative plastic film products |
4.3 Market Restraints |
4.3.1 Environmental concerns and regulations regarding plastic usage impacting the market growth |
4.3.2 Fluctuating raw material prices affecting the production cost of plastic films |
4.3.3 Competition from alternative packaging materials such as paper and biodegradable plastics |
5 Latvia Plastic Film Market Trends |
6 Latvia Plastic Film Market Segmentations |
6.1 Latvia Plastic Film Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Latvia Plastic Film Market Revenues & Volume, By Polyethylene (PE), 2021-2031F |
6.1.3 Latvia Plastic Film Market Revenues & Volume, By Polypropylene (PP), 2021-2031F |
6.1.4 Latvia Plastic Film Market Revenues & Volume, By Polyvinyl chloride (PVC), 2021-2031F |
6.1.5 Latvia Plastic Film Market Revenues & Volume, By Polyethylene terephthalate (PET), 2021-2031F |
6.1.6 Latvia Plastic Film Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Plastic Film Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Latvia Plastic Film Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.3 Latvia Plastic Film Market Revenues & Volume, By Construction, 2021-2031F |
6.2.4 Latvia Plastic Film Market Revenues & Volume, By Electricals & Electronics, 2021-2031F |
6.2.5 Latvia Plastic Film Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.6 Latvia Plastic Film Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.7 Latvia Plastic Film Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.8 Latvia Plastic Film Market Revenues & Volume, By Utility, 2021-2031F |
6.2.9 Latvia Plastic Film Market Revenues & Volume, By Utility, 2021-2031F |
7 Latvia Plastic Film Market Import-Export Trade Statistics |
7.1 Latvia Plastic Film Market Export to Major Countries |
7.2 Latvia Plastic Film Market Imports from Major Countries |
8 Latvia Plastic Film Market Key Performance Indicators |
8.1 Recycling rate of plastic films in Latvia |
8.2 Adoption rate of bio-based or compostable plastic films in the market |
8.3 Investment in research and development for recyclable and sustainable plastic film solutions |
9 Latvia Plastic Film Market - Opportunity Assessment |
9.1 Latvia Plastic Film Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Latvia Plastic Film Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Latvia Plastic Film Market - Competitive Landscape |
10.1 Latvia Plastic Film Market Revenue Share, By Companies, 2024 |
10.2 Latvia Plastic Film 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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