Despite a return to on-the-go consumption following the lifting of COVID-19 restrictions, off-trade volume sales of bottled water declined in 2023. Economic uncertainty is heavily impacting sales, while the outbreak of COVID-19 negatively impacted pack bottled water (0.75L - 0.35L Main 0.5L), and these are yet to recover. Many consumers have migrated away from bottled water within the household to tap water to save costs.
Euromonitor International's Bottled Water in Latvia report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2019-2023), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market – be they legislative, distribution, packaging or pricing issues. Forecasts to 2028 illustrate how the market is set to change.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Bottled Water market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Bottled Water in Latvia
Euromonitor International
January 2024
List Of Contents And Tables
BOTTLED WATER IN LATVIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Challenging economic conditions lead to a decline in off-trade volume sales
Flavoured and functional water drives growth through added-value benefits
Local players lead as Lidl increases its position on the landscape
PROSPECTS AND OPPORTUNITIES
Environmental concerns and the rising cost of living drives the consumption of tap water
Off-trade volume growth returns as the economy improves
Positive outlook as consumers eschew carbonates for healthier alternatives
CATEGORY DATA
Table 1 Off-trade Sales of Bottled Water by Category: Volume 2018-2023
Table 2 Off-trade Sales of Bottled Water by Category: Value 2018-2023
Table 3 Off-trade Sales of Bottled Water by Category: % Volume Growth 2018-2023
Table 4 Off-trade Sales of Bottled Water by Category: % Value Growth 2018-2023
Table 5 NBO Company Shares of Off-trade Bottled Water: % Volume 2019-2023