The Latvia bottled water market is poised for gradual expansion, anticipated to grow by USD 28.5 million with a CAGR of around 2.6% throughout the 2025 to 2030 forecast period. 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 provides a comprehensive analysis of the Latvia bottled water industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product type and distribution channel. The insights gained from this evaluation help reveal the growth potential within the bottled water sector.
Market Segmentation
The segmentation of the Latvia bottled water market is outlined below:
Product type: sparkling water (sparkling natural mineral water, sparkling spring water, sparkling purified water), flavored water (still flavored water, sparkling flavored water), functional water, still water (still natural mineral water, still spring water, still purified water)
Distribution channel: convenience stores, forecourts, supermarkets and hypermarkets, discounters, food and drinks stores, small grocery stores, health and beauty stores, e-commerce, bars and HoReCa, others
The Latvia bottled water market is segmented by product type and distribution channel. By product type, the market is categorized into sparkling water (sparkling natural mineral water, sparkling spring water, sparkling purified water), flavored water (still flavored water, sparkling flavored water), functional water, and still water (still natural mineral water, still spring water, still purified water). Distribution channel segmentation comprises convenience stores, forecourts, supermarkets and hypermarkets, discounters, food and drinks stores, small grocery stores, health and beauty stores, e-commerce, bars and HoReCa, and others.
Competitive Landscape
The bottled water market is largely dominated by key players such as VENDEN SIA, The Coca-Cola Company, SIA SIMEKS, Royal Unibrew A/S, Olvi Oyj, Markol SIA (Zakumuiza), IDS Borjomi OOO, Darida Ltd., Danone S.A., Carlsberg A/S, Birstono Mineraliniai Vandenys Ir Ko UAB and BĀTAS AVOTS SIA.
This report presents an extensive analysis of major entities in the bottled water market, focusing on their performance from 2020 to 2024. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.
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 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.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Market Segmentation
Market Overview
Latvia Bottled Water Market – Product Type 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
Darida Ltd.
Danone S.A.
…
Macroeconomic Data and Forecast
Research Methodology
Disclaimer
FIGURES AND TABLES
Table Latvia Bottled Water Market 2020-2030
Chart Latvia Bottled Water Market, Net Growth, 2020-2030
Chart Latvia Bottled Water Market, Growth Rates, 2020-2030
Table Latvia Bottled Water Market by Product Type, 2020-2030
Chart Latvia Bottled Water Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart Latvia Bottled Water Market by Product Type, 2020-2030
Table Latvia Bottled Water Market by Distribution Channel, 2020-2030
Chart Latvia Bottled Water Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Latvia Bottled Water Market by Distribution Channel, 2020-2030
Table Latvia Bottled Water Market Share (%), by Companies, 2020-2024
Chart Latvia Bottled Water Market, by Companies, 2024
Table Latvia Bottled Water Market Share (%), by Brands, 2020-2024
Chart Latvia Bottled Water Market, by Brands, 2024
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
Darida Ltd.
Danone S.A.
Carlsberg A/S
Birstono Mineraliniai Vandenys Ir Ko, UAB
BĀTAS AVOTS SIA