Market Overview

The bottled water market in Latvia is likely to register a CAGR of over 4.2% with an incremental growth of USD 50.5 million during the forecast period 2024-2029. Consumers are increasingly moving away from sugary beverages such as sodas, favoring healthier alternatives like bottled water. This shift is largely driven by the perception of bottled water as a healthier option, thereby contributing to its rising popularity. Additionally, concerns regarding the safety and quality of tap water – stemming from issues like contamination or deteriorating infrastructure – further propel consumers towards bottled water. The perceived purity and safety of bottled water provide consumers with reassurance about its quality.

Furthermore, aggressive marketing strategies employed by major bottled water companies significantly influence consumer behavior. These brands often emphasize the purity, origin, and health benefits of their products in their campaigns. Moreover, endorsements and sponsorships in sports and various events enhance the visibility and attractiveness of bottled water, reinforcing its appeal to a broad audience.

The report provides a comprehensive overview of the Latvia bottled water industry, covering a study of the key players operating in the market. It includes an analysis of market segments and sub-segments, taking into consideration factors such as product type, pack type, and distribution channel. By examining these aspects, the report offers valuable insights into the potential of the bottled water industry. Moreover, the report presents statistical information, including market size, market share, growth rate, and forecasts specifically tailored to the bottled water industry. This data-driven analysis equips industry professionals with the necessary information to assess the current market landscape, make well-informed decisions, and identify growth opportunities within the sector.

Market Segmentation

The bottled water market in Latvia is segmented as below:
Product type: still water, sparkling water, and functional and flavored water
Pack type: glass bottles, rigid plastic bottles, and others
Distribution channel: convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, HoReCa, e-commerce, and others

The Latvia bottled water market is segmented on the basis of product type, pack type, and distribution channel. Based on product type, the bottled water market in Latvia is categorized into still water, sparkling water, and functional and flavored water. On the basis of pack type, the bottled water market in Latvia has been segmented into glass bottles, rigid plastic bottles, and others. By distribution channel, the bottled water market in Latvia has been segmented into convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, HoReCa, e-commerce, and others.

Competitive Landscape

The Latvia bottled water market is highly competitive. The competitive landscape of the industry has also been examined along with the profiles of the key players BĀTAS AVOTS SIA, Birstono Mineraliniai Vandenys Ir Ko UAB, Danone S.A., Markol SIA (Zakumuiza), Olvi plc, Royal Unibrew A/S, SIA SIMEKS, The Coca-Cola Company, VENDEN SIA.

The report is an indispensable tool for companies and organizations operating in the bottled water industry. It offers a comprehensive overview of the market, empowering industry executives, policy makers, academics, and analysts to make well-informed decisions. The report provides valuable insights and analysis, presenting a cohesive and detailed perspective on the bottled water market.

Why Buy This Report?

Provide statistical data or estimations for the Latvia bottled water market
Formulate regional strategies and determine strategic priorities based on local data analysis
Gain a comprehensive understanding of the bottled water market in Latvia
Identify promising investment opportunities by pinpointing growth sectors and emerging trends
Understand what the future of the bottled water market in Latvia looks like
Analyze the competitive landscape and identify the optimal timing for seizing opportunities

Table of Contents

TABLE OF CONTENTS
FIGURES AND TABLES
1. Scope and Methodology
1.1 Key Findings
1.2 Report Scope
1.3 Research Methodology
2. Market Overview
3. Latvia Bottled Water Market – Product Type Analysis
3.1 Still water
3.2 Sparkling water
3.3 Functional and flavored water
4. Latvia Bottled Water Market – Pack Type Analysis
4.1 Glass bottles
4.2 Rigid plastic bottles
4.3 Others
5. Latvia Bottled Water Market – Distribution Channel Analysis
5.1 Convenience and forecourt stores
5.2 Supermarkets and hypermarkets
5.3 Small grocery stores
5.4 HoReCa
5.5 E-commerce
5.6 Others
6. Company Profiles
6.1 BĀTAS AVOTS SIA
6.2 Birstono Mineraliniai Vandenys Ir Ko, UAB
6.3 Danone S.A.
6.4 Markol, SIA (Zakumuiza)
6.5 Olvi plc
6.6 Royal Unibrew A/S
6.7 SIA SIMEKS
6.8 The Coca-Cola Company
6.9 VENDEN, SIA
DISCLAIMER

Companies Mentioned

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