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Retail E-Commerce in Latvia

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    Report

  • 21 Pages
  • March 2023
  • Region: Latvia
  • Euromonitor International
  • ID: 5768162
As in other markets, retail in Latvia continued to see the increased adoption of e-commerce at the end of the review period. While visible prior to the onset of Coronavirus (COVID-19), the pandemic accelerated the global shift towards online shopping, and Latvia was no exception to this development. Restrictions on consumer movement and shop opening hours saw many consumers move to e-commerce for the first time, while there was also an increase in average spend made by more habitual users.

The analyst's Retail E-Commerce in Latvia report offers insight into key trends and developments driving the industry. The report examines all retail channels to provide sector insight. Channels include hypermarkets, supermarkets, discounters, convenience stores, mixed retailers, health and beauty retailers, clothing and footwear retailers, furniture and furnishing stores, DIY and hardware stores, durable goods retailers, leisure and personal goods retailers. There are profiles of leading retailers, with analysis of their performance and the challenges they face. There is also analysis of non-store retailing: vending; homeshopping; internet retailing; direct selling, as available.

Product Coverage:

Retail E-Commerce by Product, Retail E-Commerce by Type.

Data Coverage
Market Sizes(historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Retail E-Commerce market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

RETAIL E-COMMERCE IN LATVIA

KEY DATA FINDINGS

2022 DEVELOPMENTS
  • Slower, but still, strong growth as consumers return to offline channels
  • Marketplaces offer opportunities to smaller players as the consumer base widens
  • Sophisticated evolution increases consumer engagement
PROSPECTS AND OPPORTUNITIES
  • Ongoing evolution offers robust growth opportunities
  • Store-based retail chains to cooperate with marketplaces
  • Parcel machines to continue to enjoy wider use and reach
CHANNEL DATA
  • Table 1 Retail E-Commerce by Product: Value 2017-2022
  • Table 2 Retail E-Commerce by Product: % Value Growth 2017-2022
  • Table 3 Retail E-Commerce GBO Company Shares: % Value 2018-2022
  • Table 4 Retail E-Commerce GBN Brand Shares: % Value 2019-2022
  • Table 5 Forecast Retail E-Commerce by Product: Value 2022-2027
  • Table 6 Forecast Retail E-Commerce by Product: % Value Growth 2022-2027
RETAIL IN LATVIA

EXECUTIVE SUMMARY
  • Retail in 2022: The big picture
  • Informal retail
  • What next for retail?
MARKET DATA
  • Table 7 Sales in Retail by Retail Offline vs Retail E-Commerce: Value 2017-2022
  • Table 8 Sales in Retail by Retail Offline vs Retail E-Commerce: % Value Growth 2017-2022
  • Table 9 Sales in Retail Offline by Channel: Value 2017-2022
  • Table 10 Sales in Retail Offline by Channel: % Value Growth 2017-2022
  • Table 11 Retail Offline Outlets by Channel: Units 2017-2022
  • Table 12 Retail Offline Outlets by Channel: % Unit Growth 2017-2022
  • Table 13 Retail GBO Company Shares: % Value 2018-2022
  • Table 14 Retail GBN Brand Shares: % Value 2019-2022
  • Table 15 Retail Offline GBO Company Shares: % Value 2018-2022
  • Table 16 Retail Offline GBN Brand Shares: % Value 2019-2022
  • Table 17 Retail Offline LBN Brand Shares: Outlets 2019-2022
  • Table 18 Retail E-Commerce GBO Company Shares: % Value 2018-2022
  • Table 19 Retail E-Commerce GBN Brand Shares: % Value 2019-2022
  • Table 20 Forecast Sales in Retail by Retail Offline vs Retail E-Commerce: Value 2022-2027
  • Table 21 Forecast Sales in Retail by Retail Offline vs Retail E-Commerce: % Value Growth 2022-2027
  • Table 22 Forecast Sales in Retail Offline by Channel: Value 2022-2027
  • Table 23 Forecast Sales in Retail Offline by Channel: % Value Growth 2022-2027
  • Table 24 Forecast Retail Offline Outlets by Channel: Units 2022-2027
  • Table 25 Forecast Retail Offline Outlets by Channel: % Unit Growth 2022-2027
DISCLAIMER

SOURCES
  • Summary 1 Research Sources