| Product Code: ETC4852958 | 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 |
The Latvia sparkling water import market continued to show robust growth in 2024, with Lithuania, Italy, Georgia, Belarus, and Estonia emerging as top exporting countries. The high Herfindahl-Hirschman Index (HHI) reflects the market`s concentration, indicating strong competition among key players. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 6.68%, demonstrating sustained demand for sparkling water in Latvia. Notably, the impressive growth rate of 19.07% from 2023 to 2024 signals a significant uptick in consumer interest and consumption trends within the market.

The Sparkling Water market in Latvia is projected to grow at a stable growth rate of 2.21% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.

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 Sparkling Water Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Sparkling Water Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Sparkling Water Market - Industry Life Cycle |
3.4 Latvia Sparkling Water Market - Porter's Five Forces |
3.5 Latvia Sparkling Water Market Revenues & Volume Share, By Product Outlook, 2021 & 2031F |
3.6 Latvia Sparkling Water Market Revenues & Volume Share, By Distribution Channel Outlook? (Revenue, USD Million, 2016 - 2031), 2021 & 2031F |
4 Latvia Sparkling Water Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness among consumers leading to a preference for healthier beverage options like sparkling water |
4.2.2 Growing trend of premiumization in the beverage industry, with consumers willing to pay more for high-quality sparkling water products |
4.2.3 Rising disposable income levels in Latvia, enabling consumers to spend more on premium and niche products like sparkling water |
4.3 Market Restraints |
4.3.1 Competition from other beverage categories such as flavored water, juices, and energy drinks, impacting the market share of sparkling water |
4.3.2 Lack of awareness and education about the benefits of sparkling water compared to regular still water, hindering market growth |
4.3.3 Seasonality factors affecting demand for sparkling water, with higher consumption during summer months and lower demand during colder seasons |
5 Latvia Sparkling Water Market Trends |
6 Latvia Sparkling Water Market Segmentations |
6.1 Latvia Sparkling Water Market, By Product Outlook |
6.1.1 Overview and Analysis |
6.1.2 Latvia Sparkling Water Market Revenues & Volume, By Natural/Mineral Sparkling Water, 2021-2031F |
6.1.3 Latvia Sparkling Water Market Revenues & Volume, By Caffeinated Sparkling Water, 2021-2031F |
6.2 Latvia Sparkling Water Market, By Distribution Channel Outlook? (Revenue, USD Million, 2016 - 2031) |
6.2.1 Overview and Analysis |
6.2.2 Latvia Sparkling Water Market Revenues & Volume, By Hypermarket & Supermarket, 2021-2031F |
6.2.3 Latvia Sparkling Water Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.4 Latvia Sparkling Water Market Revenues & Volume, By Online, 2021-2031F |
6.2.5 Latvia Sparkling Water Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Sparkling Water Market Import-Export Trade Statistics |
7.1 Latvia Sparkling Water Market Export to Major Countries |
7.2 Latvia Sparkling Water Market Imports from Major Countries |
8 Latvia Sparkling Water Market Key Performance Indicators |
8.1 Consumer perception and awareness metrics (e.g., surveys measuring consumer knowledge about sparkling water benefits) |
8.2 Market penetration rate of premium sparkling water brands in Latvia |
8.3 Consumer demographics and psychographics analysis to understand target audience preferences and behaviors |
8.4 Sustainability practices and certifications adopted by sparkling water brands in Latvia |
8.5 Innovation and new product development rate within the Latvia sparkling water market |
9 Latvia Sparkling Water Market - Opportunity Assessment |
9.1 Latvia Sparkling Water Market Opportunity Assessment, By Product Outlook, 2021 & 2031F |
9.2 Latvia Sparkling Water Market Opportunity Assessment, By Distribution Channel Outlook? (Revenue, USD Million, 2016 - 2031), 2021 & 2031F |
10 Latvia Sparkling Water Market - Competitive Landscape |
10.1 Latvia Sparkling Water Market Revenue Share, By Companies, 2024 |
10.2 Latvia Sparkling Water Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |