| Product Code: ETC4803482 | 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 |
In 2024, Latvia saw significant import shipments of bottled water, with top exporting countries being Lithuania, Italy, Georgia, Estonia, and Metropolitan France. The market continues to exhibit high concentration, as indicated by the high Herfindahl-Hirschman Index (HHI). With a strong compound annual growth rate (CAGR) of 4.9% from 2020 to 2024 and a notable growth rate of 9.78% from 2023 to 2024, the bottled water industry in Latvia is experiencing steady expansion and increasing demand for imported products.

In the Europe region, the Bottled Water market in Latvia is projected to expand at a stable growth rate of 2.98% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

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 Bottled Water Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Bottled Water Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Bottled Water Market - Industry Life Cycle |
3.4 Latvia Bottled Water Market - Porter's Five Forces |
3.5 Latvia Bottled Water Market Revenues & Volume Share, By Quality, 2021 & 2031F |
3.6 Latvia Bottled Water Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Latvia Bottled Water Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.8 Latvia Bottled Water Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.9 Latvia Bottled Water Market Revenues & Volume Share, By Purchasing Sources, 2021 & 2031F |
3.10 Latvia Bottled Water Market Revenues & Volume Share, By Origin of Product, 2021 & 2031F |
3.11 Latvia Bottled Water Market Revenues & Volume Share, By Pack Size, 2021 & 2031F |
4 Latvia Bottled Water Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness among consumers |
4.2.2 Growing demand for convenience and on-the-go hydration options |
4.2.3 Rising disposable income leading to increased spending on premium bottled water products |
4.3 Market Restraints |
4.3.1 Environmental concerns regarding plastic waste and sustainability issues |
4.3.2 Competition from alternative beverages like flavored water, energy drinks, and functional beverages |
5 Latvia Bottled Water Market Trends |
6 Latvia Bottled Water Market Segmentations |
6.1 Latvia Bottled Water Market, By Quality |
6.1.1 Overview and Analysis |
6.1.2 Latvia Bottled Water Market Revenues & Volume, By Premium, 2021-2031F |
6.1.3 Latvia Bottled Water Market Revenues & Volume, By Non-Premium, 2021-2031F |
6.2 Latvia Bottled Water Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Bottled Water Market Revenues & Volume, By Still Water, 2021-2031F |
6.2.3 Latvia Bottled Water Market Revenues & Volume, By Spring Water, 2021-2031F |
6.2.4 Latvia Bottled Water Market Revenues & Volume, By Sparkling? Water, 2021-2031F |
6.2.5 Latvia Bottled Water Market Revenues & Volume, By Purified Water, 2021-2031F |
6.2.6 Latvia Bottled Water Market Revenues & Volume, By Mineral Water, 2021-2031F |
6.3 Latvia Bottled Water Market, By Product |
6.3.1 Overview and Analysis |
6.3.2 Latvia Bottled Water Market Revenues & Volume, By Still Bottle Water, 2021-2031F |
6.3.3 Latvia Bottled Water Market Revenues & Volume, By Packaged Drinking Water, 2021-2031F |
6.3.4 Latvia Bottled Water Market Revenues & Volume, By Functional Water Bottle, 2021-2031F |
6.3.5 Latvia Bottled Water Market Revenues & Volume, By Flavored Bottled Water, 2021-2031F |
6.3.6 Latvia Bottled Water Market Revenues & Volume, By Distilled Bottled Water, 2021-2031F |
6.3.7 Latvia Bottled Water Market Revenues & Volume, By carbonated Bottle Water, 2021-2031F |
6.4 Latvia Bottled Water Market, By Material |
6.4.1 Overview and Analysis |
6.4.2 Latvia Bottled Water Market Revenues & Volume, By Polyethylene Terephthalate (PET), 2021-2031F |
6.4.3 Latvia Bottled Water Market Revenues & Volume, By Glass, 2021-2031F |
6.5 Latvia Bottled Water Market, By Purchasing Sources |
6.5.1 Overview and Analysis |
6.5.2 Latvia Bottled Water Market Revenues & Volume, By Supermarket/Hypermarket, 2021-2031F |
6.5.3 Latvia Bottled Water Market Revenues & Volume, By Online Retail Stores, 2021-2031F |
6.5.4 Latvia Bottled Water Market Revenues & Volume, By Grocery Stores, 2021-2031F |
6.5.5 Latvia Bottled Water Market Revenues & Volume, By Food Serving Places, 2021-2031F |
6.5.6 Latvia Bottled Water Market Revenues & Volume, By E-retailers, 2021-2031F |
6.5.7 Latvia Bottled Water Market Revenues & Volume, By Clubs, 2021-2031F |
6.5.8 Latvia Bottled Water Market Revenues & Volume, By Others, 2021-2031F |
6.5.9 Latvia Bottled Water Market Revenues & Volume, By Others, 2021-2031F |
6.6 Latvia Bottled Water Market, By Origin of Product |
6.6.1 Overview and Analysis |
6.6.2 Latvia Bottled Water Market Revenues & Volume, By Imported, 2021-2031F |
6.6.3 Latvia Bottled Water Market Revenues & Volume, By Domestic, 2021-2031F |
6.7 Latvia Bottled Water Market, By Pack Size |
6.7.1 Overview and Analysis |
6.7.2 Latvia Bottled Water Market Revenues & Volume, By 1501 ml and above, 2021-2031F |
6.7.3 Latvia Bottled Water Market Revenues & Volume, By 1001 ml - 1500 ml, 2021-2031F |
6.7.4 Latvia Bottled Water Market Revenues & Volume, By 331 ml - 500ml, 2021-2031F |
6.7.5 Latvia Bottled Water Market Revenues & Volume, By 331 ml - 500ml, 2021-2031F |
6.7.6 Latvia Bottled Water Market Revenues & Volume, By 330 ml, 2021-2031F |
6.8 Latvia Bottled Water Market, By End-user Packaging |
6.8.1 Overview and Analysis |
6.8.2 Latvia Bottled Water Market Revenues & Volume, By Plastic Bottle, 2021-2031F |
6.8.3 Latvia Bottled Water Market Revenues & Volume, By Glass Bottle, 2021-2031F |
6.8.4 Latvia Bottled Water Market Revenues & Volume, By Can, 2021-2031F |
6.8.5 Latvia Bottled Water Market Revenues & Volume, By Can, 2021-2031F |
7 Latvia Bottled Water Market Import-Export Trade Statistics |
7.1 Latvia Bottled Water Market Export to Major Countries |
7.2 Latvia Bottled Water Market Imports from Major Countries |
8 Latvia Bottled Water Market Key Performance Indicators |
8.1 Consumer awareness and perception of bottled water brands |
8.2 Market penetration and distribution reach of bottled water products |
8.3 Innovation and launch of eco-friendly packaging options for bottled water |
9 Latvia Bottled Water Market - Opportunity Assessment |
9.1 Latvia Bottled Water Market Opportunity Assessment, By Quality, 2021 & 2031F |
9.2 Latvia Bottled Water Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Latvia Bottled Water Market Opportunity Assessment, By Product, 2021 & 2031F |
9.4 Latvia Bottled Water Market Opportunity Assessment, By Material, 2021 & 2031F |
9.5 Latvia Bottled Water Market Opportunity Assessment, By Purchasing Sources, 2021 & 2031F |
9.6 Latvia Bottled Water Market Opportunity Assessment, By Origin of Product, 2021 & 2031F |
9.7 Latvia Bottled Water Market Opportunity Assessment, By Pack Size, 2021 & 2031F |
9.7 Latvia Bottled Water Market Opportunity Assessment, By End-user Packaging, 2021 & 2031F |
10 Latvia Bottled Water Market - Competitive Landscape |
10.1 Latvia Bottled Water Market Revenue Share, By Companies, 2024 |
10.2 Latvia Bottled Water Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here