Latvia Alcoholic Beverage Market (2025-2031) | Trends, Value, Analysis, Revenue, Growth, Share, Outlook, Companies, Size, Forecast, Segmentation & Industry
Market Forecast By Category (Beer, Wine, Spirits), By Alcoholic content (High, Medium, Low), By Flavour (Unflavoured, Flavoured), By Packaging Type (Glass Bottles, Tins, Plastic Bottles, Others), By Distribution Channel (Supermarkets and Hypermarkets, On-Trade, Specialist Retailers, Online, Convenience Stores, Others) And Competitive Landscape
| Product Code: ETC4774355 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia Alcoholic Beverage Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Latvia saw a steady growth in alcoholic beverage imports, with top exporting countries being Italy, Metropolitan France, Estonia, Lithuania, and Belgium. The market remained moderately concentrated, indicating a healthy level of competition. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 stood at a respectable 5.55%. This data highlights the continued importance of these key exporting countries in supplying alcoholic beverages to the Latvian market.
Alcoholic Beverage Market: Latvia vs Top 5 Major Economies in 2027 (Europe)
The Alcoholic Beverage market in Latvia is projected to grow at a stable growth rate of 0.62% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
Key Highlights of the Report:
- Latvia Alcoholic Beverage Market Outlook
- Market Size of Latvia Alcoholic Beverage Market, 2024
- Forecast of Latvia Alcoholic Beverage Market, 2031
- Historical Data and Forecast of Latvia Alcoholic Beverage Revenues & Volume for the Period 2021-2031
- Latvia Alcoholic Beverage Market Trend Evolution
- Latvia Alcoholic Beverage Market Drivers and Challenges
- Latvia Alcoholic Beverage Price Trends
- Latvia Alcoholic Beverage Porter`s Five Forces
- Latvia Alcoholic Beverage Industry Life Cycle
- Historical Data and Forecast of Latvia Alcoholic Beverage Market Revenues & Volume By Category for the Period 2021-2031
- Historical Data and Forecast of Latvia Alcoholic Beverage Market Revenues & Volume By Beer for the Period 2021-2031
- Historical Data and Forecast of Latvia Alcoholic Beverage Market Revenues & Volume By Wine for the Period 2021-2031
- Historical Data and Forecast of Latvia Alcoholic Beverage Market Revenues & Volume By Spirits for the Period 2021-2031
- Historical Data and Forecast of Latvia Alcoholic Beverage Market Revenues & Volume By Alcoholic content for the Period 2021-2031
- Historical Data and Forecast of Latvia Alcoholic Beverage Market Revenues & Volume By High for the Period 2021-2031
- Historical Data and Forecast of Latvia Alcoholic Beverage Market Revenues & Volume By Medium for the Period 2021-2031
- Historical Data and Forecast of Latvia Alcoholic Beverage Market Revenues & Volume By Low for the Period 2021-2031
- Historical Data and Forecast of Latvia Alcoholic Beverage Market Revenues & Volume By Flavour for the Period 2021-2031
- Historical Data and Forecast of Latvia Alcoholic Beverage Market Revenues & Volume By Unflavoured for the Period 2021-2031
- Historical Data and Forecast of Latvia Alcoholic Beverage Market Revenues & Volume By Flavoured for the Period 2021-2031
- Historical Data and Forecast of Latvia Alcoholic Beverage Market Revenues & Volume By Packaging Type for the Period 2021-2031
- Historical Data and Forecast of Latvia Alcoholic Beverage Market Revenues & Volume By Glass Bottles for the Period 2021-2031
- Historical Data and Forecast of Latvia Alcoholic Beverage Market Revenues & Volume By Tins for the Period 2021-2031
- Historical Data and Forecast of Latvia Alcoholic Beverage Market Revenues & Volume By Plastic Bottles for the Period 2021-2031
- Historical Data and Forecast of Latvia Alcoholic Beverage Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Latvia Alcoholic Beverage Market Revenues & Volume By Distribution Channel for the Period 2021-2031
- Historical Data and Forecast of Latvia Alcoholic Beverage Market Revenues & Volume By Supermarkets and Hypermarkets for the Period 2021-2031
- Historical Data and Forecast of Latvia Alcoholic Beverage Market Revenues & Volume By On-Trade for the Period 2021-2031
- Historical Data and Forecast of Latvia Alcoholic Beverage Market Revenues & Volume By Specialist Retailers for the Period 2021-2031
- Historical Data and Forecast of Latvia Alcoholic Beverage Market Revenues & Volume By Online for the Period 2021-2031
- Historical Data and Forecast of Latvia Alcoholic Beverage Market Revenues & Volume By Convenience Stores for the Period 2021-2031
- Historical Data and Forecast of Latvia Alcoholic Beverage Market Revenues & Volume By Others for the Period 2021-2031
- Latvia Alcoholic Beverage Import Export Trade Statistics
- Market Opportunity Assessment By Category
- Market Opportunity Assessment By Alcoholic content
- Market Opportunity Assessment By Flavour
- Market Opportunity Assessment By Packaging Type
- Market Opportunity Assessment By Distribution Channel
- Latvia Alcoholic Beverage Top Companies Market Share
- Latvia Alcoholic Beverage Competitive Benchmarking By Technical and Operational Parameters
- Latvia Alcoholic Beverage Company Profiles
- Latvia Alcoholic Beverage Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Alcoholic Beverage Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Alcoholic Beverage Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Alcoholic Beverage Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Alcoholic Beverage Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Alcoholic Beverage Market - Industry Life Cycle |
3.4 Latvia Alcoholic Beverage Market - Porter's Five Forces |
3.5 Latvia Alcoholic Beverage Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.6 Latvia Alcoholic Beverage Market Revenues & Volume Share, By Alcoholic content, 2021 & 2031F |
3.7 Latvia Alcoholic Beverage Market Revenues & Volume Share, By Flavour, 2021 & 2031F |
3.8 Latvia Alcoholic Beverage Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
3.9 Latvia Alcoholic Beverage Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Alcoholic Beverage Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Latvia |
4.2.2 Rising popularity of craft and premium alcoholic beverages |
4.2.3 Growth in tourism industry leading to increased demand for alcoholic beverages |
4.3 Market Restraints |
4.3.1 Stringent government regulations on alcohol advertising and sales |
4.3.2 Health concerns and increasing awareness about the negative effects of excessive alcohol consumption |
5 Latvia Alcoholic Beverage Market Trends |
6 Latvia Alcoholic Beverage Market Segmentations |
6.1 Latvia Alcoholic Beverage Market, By Category |
6.1.1 Overview and Analysis |
6.1.2 Latvia Alcoholic Beverage Market Revenues & Volume, By Beer, 2021-2031F |
6.1.3 Latvia Alcoholic Beverage Market Revenues & Volume, By Wine, 2021-2031F |
6.1.4 Latvia Alcoholic Beverage Market Revenues & Volume, By Spirits, 2021-2031F |
6.2 Latvia Alcoholic Beverage Market, By Alcoholic content |
6.2.1 Overview and Analysis |
6.2.2 Latvia Alcoholic Beverage Market Revenues & Volume, By High, 2021-2031F |
6.2.3 Latvia Alcoholic Beverage Market Revenues & Volume, By Medium, 2021-2031F |
6.2.4 Latvia Alcoholic Beverage Market Revenues & Volume, By Low, 2021-2031F |
6.3 Latvia Alcoholic Beverage Market, By Flavour |
6.3.1 Overview and Analysis |
6.3.2 Latvia Alcoholic Beverage Market Revenues & Volume, By Unflavoured, 2021-2031F |
6.3.3 Latvia Alcoholic Beverage Market Revenues & Volume, By Flavoured, 2021-2031F |
6.4 Latvia Alcoholic Beverage Market, By Packaging Type |
6.4.1 Overview and Analysis |
6.4.2 Latvia Alcoholic Beverage Market Revenues & Volume, By Glass Bottles, 2021-2031F |
6.4.3 Latvia Alcoholic Beverage Market Revenues & Volume, By Tins, 2021-2031F |
6.4.4 Latvia Alcoholic Beverage Market Revenues & Volume, By Plastic Bottles, 2021-2031F |
6.4.5 Latvia Alcoholic Beverage Market Revenues & Volume, By Others, 2021-2031F |
6.5 Latvia Alcoholic Beverage Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Latvia Alcoholic Beverage Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.5.3 Latvia Alcoholic Beverage Market Revenues & Volume, By On-Trade, 2021-2031F |
6.5.4 Latvia Alcoholic Beverage Market Revenues & Volume, By Specialist Retailers, 2021-2031F |
6.5.5 Latvia Alcoholic Beverage Market Revenues & Volume, By Online, 2021-2031F |
6.5.6 Latvia Alcoholic Beverage Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.5.7 Latvia Alcoholic Beverage Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Alcoholic Beverage Market Import-Export Trade Statistics |
7.1 Latvia Alcoholic Beverage Market Export to Major Countries |
7.2 Latvia Alcoholic Beverage Market Imports from Major Countries |
8 Latvia Alcoholic Beverage Market Key Performance Indicators |
8.1 Number of new product launches in the alcoholic beverage market |
8.2 Consumer preferences shifting towards premium and craft alcoholic beverages |
8.3 Number of international tourists visiting Latvia and their alcohol consumption patterns |
9 Latvia Alcoholic Beverage Market - Opportunity Assessment |
9.1 Latvia Alcoholic Beverage Market Opportunity Assessment, By Category, 2021 & 2031F |
9.2 Latvia Alcoholic Beverage Market Opportunity Assessment, By Alcoholic content, 2021 & 2031F |
9.3 Latvia Alcoholic Beverage Market Opportunity Assessment, By Flavour, 2021 & 2031F |
9.4 Latvia Alcoholic Beverage Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
9.5 Latvia Alcoholic Beverage Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Alcoholic Beverage Market - Competitive Landscape |
10.1 Latvia Alcoholic Beverage Market Revenue Share, By Companies, 2024 |
10.2 Latvia Alcoholic Beverage Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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