Latvia Bottled Water Market 2024

Description

The Latvia bottled water market is poised for gradual growth, with an expected incremental increase of USD 50.8 million, reflecting a compound annual growth rate (CAGR) of nearly 3% from 2024 to 2029. Latvia’s bottled water demand is driven by health-conscious consumers seeking high-quality and mineral-rich water. Rising disposable incomes enable consumers to prioritize bottled water over tap water for safety and convenience. Additionally, the focus on sustainable packaging has bolstered the appeal of local bottled water brands.

The report offers a comprehensive evaluation of the Latvia bottled water market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as product type, packaging and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the bottled water industry.

Market Segmentation

The Latvia bottled water market is classified into the following segments:
Product type: sparkling water, flavored water, functional water, still water
Packaging: PET bottles, glass bottles, metal cans
Distribution channel: convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, food & drinks specialty stores, grocery stores, e-commerce, foodservice channels, others

In Latvia, the bottled water market is segmented by product type, packaging and distribution channel. In terms of product type, the market is segmented into sparkling water, flavored water, functional water, and still water. Packaging segments encompass PET bottles, glass bottles, and metal cans. Distribution channel segmentation includes convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, food & drinks specialty stores, grocery stores, e-commerce, foodservice channels, and others.

Competitive Landscape

Key players dominating the bottled water market include VENDEN SIA, The Coca-Cola Company, SIA SIMEKS, Royal Unibrew A/S, Olvi Oyj, Markol SIA (Zakumuiza), IDS Borjomi OOO, Danone S.A., Carlsberg A/S, Birstono Mineraliniai Vandenys Ir Ko UAB and BĀTAS AVOTS SIA.

This analysis offers a comprehensive overview of the main players in the bottled water market, evaluating their performance trends from 2019 to 2023. Key findings illustrate shifts in market share, identifying both dominant firms and rising competitors.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Latvia bottled water market.
Gain in-depth analysis and forecasts for the key segments of the Latvia bottled water market: product type, packaging and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Latvia bottled water market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Latvia bottled water market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.

Table of Contents

TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Latvia Bottled Water Market – Product Type Analysis
Latvia Bottled Water Market – Packaging Analysis
Latvia Bottled Water Market – Distribution Channel Analysis
Key Players and Market Share
– VENDEN, SIA
– The Coca-Cola Company
– SIA SIMEKS
– Royal Unibrew A/S
– Olvi Oyj
– Markol, SIA (Zakumuiza)
– IDS Borjomi, OOO
– Danone S.A.
– Carlsberg A/S
…
Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table Latvia Bottled Water Market 2019-2029
Chart Latvia Bottled Water Market, Net Growth, 2019-2029
Chart Latvia Bottled Water Market, Growth Rates, 2019-2029
Table Latvia Bottled Water Market by Product Type, 2019-2029
Chart Latvia Bottled Water Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Latvia Bottled Water Market by Product Type, 2019-2029
Table Latvia Bottled Water Market by Packaging, 2019-2029
Chart Latvia Bottled Water Market by Packaging, CAGR Historic and Forecast, 2019-2029
Chart Latvia Bottled Water Market by Packaging, 2019-2029
Table Latvia Bottled Water Market by Distribution Channel, 2019-2029
Chart Latvia Bottled Water Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Latvia Bottled Water Market by Distribution Channel, 2019-2029
Table Latvia Bottled Water Market Share (%), by Companies, 2019-2023
Chart Latvia Bottled Water Market, by Companies, 2023
Table Latvia Bottled Water Market Share (%), by Brands, 2019-2023
Chart Latvia Bottled Water Market, by Brands, 2023
Table Latvia – Population (Millions) and Forecast
Table Latvia – Consumer Price Index (CPI) and Forecast
Table Latvia – Gross Domestic Product and Forecast
Table Latvia Bottled Water Market: Spend as a Proportion of GDP (%)
Table Latvia Bottled Water Market: Consumption per Capita (Population)

Companies Mentioned

VENDEN, SIA
The Coca-Cola Company
SIA SIMEKS
Royal Unibrew A/S
Olvi Oyj
Markol, SIA (Zakumuiza)
IDS Borjomi, OOO
Danone S.A.
Carlsberg A/S
Birstono Mineraliniai Vandenys Ir Ko, UAB
BĀTAS AVOTS SIA