| Product Code: ETC7923192 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continued to witness a significant influx of thermoplastic polyurethane films imports, with top exporters being Lithuania, Sweden, Estonia, Poland, and Germany. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 4.04%. However, there was a notable decline in growth from 2023 to 2024, with a negative growth rate of -34.74%, suggesting a potential shift or temporary setback in the market dynamics for thermoplastic polyurethane films 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 Thermoplastic Polyurethane Films Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Thermoplastic Polyurethane Films Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Thermoplastic Polyurethane Films Market - Industry Life Cycle |
3.4 Latvia Thermoplastic Polyurethane Films Market - Porter's Five Forces |
3.5 Latvia Thermoplastic Polyurethane Films Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Thermoplastic Polyurethane Films Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Thermoplastic Polyurethane Films 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 industries such as automotive, construction, and electronics utilizing TPU films |
4.2.3 Technological advancements leading to improved performance and versatility of TPU films |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Competition from alternative materials such as PVC and polyethylene films |
4.3.3 Regulatory challenges related to environmental concerns and recycling of TPU films |
5 Latvia Thermoplastic Polyurethane Films Market Trends |
6 Latvia Thermoplastic Polyurethane Films Market, By Types |
6.1 Latvia Thermoplastic Polyurethane Films Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Thermoplastic Polyurethane Films Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Thermoplastic Polyurethane Films Market Revenues & Volume, By Polyether, 2021- 2031F |
6.1.4 Latvia Thermoplastic Polyurethane Films Market Revenues & Volume, By Polyester, 2021- 2031F |
6.1.5 Latvia Thermoplastic Polyurethane Films Market Revenues & Volume, By Polycaprolactone, 2021- 2031F |
6.2 Latvia Thermoplastic Polyurethane Films Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Thermoplastic Polyurethane Films Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.3 Latvia Thermoplastic Polyurethane Films Market Revenues & Volume, By Railway, 2021- 2031F |
6.2.4 Latvia Thermoplastic Polyurethane Films Market Revenues & Volume, By Leisure, 2021- 2031F |
6.2.5 Latvia Thermoplastic Polyurethane Films Market Revenues & Volume, By Energy, 2021- 2031F |
6.2.6 Latvia Thermoplastic Polyurethane Films Market Revenues & Volume, By Building & Construction, 2021- 2031F |
6.2.7 Latvia Thermoplastic Polyurethane Films Market Revenues & Volume, By Furniture, 2021- 2031F |
6.2.8 Latvia Thermoplastic Polyurethane Films Market Revenues & Volume, By Others, 2021- 2031F |
6.2.9 Latvia Thermoplastic Polyurethane Films Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Thermoplastic Polyurethane Films Market Import-Export Trade Statistics |
7.1 Latvia Thermoplastic Polyurethane Films Market Export to Major Countries |
7.2 Latvia Thermoplastic Polyurethane Films Market Imports from Major Countries |
8 Latvia Thermoplastic Polyurethane Films Market Key Performance Indicators |
8.1 Research and development investment in TPU film technology |
8.2 Number of partnerships or collaborations with key industries for TPU film applications |
8.3 Percentage increase in the adoption of TPU films in new sectors |
8.4 Environmental sustainability metrics related to TPU film production and recycling efforts |
9 Latvia Thermoplastic Polyurethane Films Market - Opportunity Assessment |
9.1 Latvia Thermoplastic Polyurethane Films Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Thermoplastic Polyurethane Films Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Thermoplastic Polyurethane Films Market - Competitive Landscape |
10.1 Latvia Thermoplastic Polyurethane Films Market Revenue Share, By Companies, 2024 |
10.2 Latvia Thermoplastic Polyurethane 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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