The bottled water market in Latvia demonstrated a growth trend over the past decade, with a steady increase from 19.91 euros per capita in 2013 to 29.27 euros per capita in 2023. The year-on-year growth in recent years highlights a recovery from the decline in 2020, with a 3.87% increase in 2021 and a 3.84% increase in 2022. The compound annual growth rate (CAGR) from 2018 to 2023 stands at approximately 0.9%, indicating a stable market.
Future trends to watch for:
- Potential impacts of sustainability and environmental concerns on bottled water consumption
- Increased demand for premium and flavored water products
- Technological advancements in packaging and water production
How does Latvia rank in Bottled Water Market Size Value Per Capita?
| # | 19 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 France | 71.62 | 2023 | View data | ||
| 2 | 2 Italy | 62.59 | 2023 | View data | ||
| 3 | 3 Croatia | 47.76 | 2023 | View data | ||
| 4 | 4 Greece | 44.73 | 2023 | View data | ||
| 5 | 5 Spain | 38.97 | 2023 | View data | ||
| 7 | 7 Austria | 30.81 | 2023 | View data | ||
| 8 | 8 Estonia | 30.28 | 2023 | View data | ||
| 9 | 9 Latvia | 29.27 | 2023 | |||
| 10 | 10 Poland | 28.43 | 2023 | View data | ||
| 11 | 11 Lithuania | 25.6 | 2023 | View data | ||
