The bottled water market in Lithuania experienced gradual growth from 2013 to 2023, reaching a value of 25.6 Euros per capita in 2023. The market saw fluctuations with a notable dip in 2020, likely due to external factors affecting consumer behavior. Over the past two years, there was a positive year-on-year growth of around 2% in 2022 and roughly 2.2% in 2023. The five-year CAGR from 2019 to 2023 stands at approximately 2.2%, indicating steady growth over the period.
Future trends to watch include:
- Continued health consciousness driving bottled water consumption.
- Potential market saturation challenging growth rates.
- Increased focus on sustainability impacting packaging and brand strategies.
How does Lithuania 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 | ||
| 9 | 9 Latvia | 29.27 | 2023 | View data | ||
| 10 | 10 Poland | 28.43 | 2023 | View data | ||
| 11 | 11 Lithuania | 25.6 | 2023 | |||
| 12 | 12 Slovakia | 19.69 | 2023 | View data | ||
| 13 | 13 Finland | 19.3 | 2023 | View data | ||
