Our September sale is now live until 30th September 2021! Apply a 15% discount to your cart in Store using promotional code: EQLYSEP21

Direct Selling in Latvia

March 2021
USD 990
Request More Information

Delivery:

Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).

Overview:

Understand the latest market trends and future growth opportunities for the Direct Selling industry in Latvia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.

Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.

If you're in the Direct Selling industry in Latvia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.

The Direct Selling in Latvia report includes:

  • Analysis of key supply-side and demand trends
  • Detailed segmentation of international and local products
  • Historic volume and value sizes, company and brand market shares
  • Five year forecasts of market trends and market growth
  • Robust and transparent research methodology, conducted in-country

This report answers:

  • What is the market size of Direct Selling in Latvia?
  • Which are the leading retailers in Direct Selling in Latvia?
  • How are products distributed in Direct Selling in Latvia?
  • How is the rise of e-commerce and the expansion of modern grocery retail impacting traditional retail?
  • How significant are discounters and private label in Latvia?
  • How has the impact of COVID-19 and national lockdown impacted consumer demand?
  • Which formats have benefited the most from stockpiling and enforced home seclusion?
  • How will the wider economic impact of COVID-19 shape the retail landscape in the future?
  • Where is future growth expected to be most dynamic?

Direct Selling in Latvia - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Economic uncertainty negatively affects demand for beauty and personal care products
Beauty and personal care are the backbone of the industry, with sales boosted by the growing health and wellness trend
Avon Cosmetics SIA leads, benefiting from its well-known name and loyal consumers

RECOVERY AND OPPORTUNITIES

Direct sellers offer their own online channels to compete against the threat of e-commerce
As a lingering effect of the pandemic, demand for immune-boosting dietary supplements will support value sales
Rising unemployment rate will lead more Latvians to pursue a career in direct selling

CHANNEL DATA

Table 1 Direct Selling by Category: Value 2015-2020 Table 2 Direct Selling by Category: % Value Growth 2015-2020 Table 3 Direct Selling GBO Company Shares: % Value 2016-2020 Table 4 Direct Selling GBN Brand Shares: % Value 2017-2020 Table 5 Direct Selling Forecasts by Category: Value 2020-2025 Table 6 Direct Selling Forecasts by Category: % Value Growth 2020-2025

Retailing in Latvia - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on retailing
COVID-19 country impact
Self-service check-outs improve the shopping experience
Appreciated for the convenience they offer, large store formats, or hypermarkets, gain in popularity
What next for retailing?

OPERATING ENVIRONMENT

Informal retailing
Opening hours
Summary 1 Standard Opening Hours by Channel Type 2020
Physical retail landscape
Cash and carry
Seasonality
Ligo and Jani – midsummer days Christmas and the New Year Back to school
Payments and delivery
Emerging business models

MARKET DATA

Table 7 Sales in Retailing by Store-based vs Non-Store: Value 2015-2020 Table 8 Sales in Retailing by Store-based vs Non-Store: % Value Growth 2015-2020 Table 9 Sales in Store-Based Retailing by Channel: Value 2015-2020 Table 10 Sales in Store-Based Retailing by Channel: % Value Growth 2015-2020 Table 11 Store-Based Retailing Outlets by Channel: Units 2015-2020 Table 12 Store-Based Retailing Outlets by Channel: % Unit Growth 2015-2020 Table 13 Sales in Non-Store Retailing by Channel: Value 2015-2020 Table 14 Sales in Non-Store Retailing by Channel: % Value Growth 2015-2020 Table 15 Non-Grocery Specialists: Value Sales, Outlets and Selling Space 2015-2020 Table 16 Non-Grocery Specialists: Value Sales, Outlets and Selling Space: % Growth 2015-2020 Table 17 Sales in Non-Grocery Specialists by Channel: Value 2015-2020 Table 18 Sales in Non-Grocery Specialists by Channel: % Value Growth 2015-2020 Table 19 Non-Grocery Specialists Outlets by Channel: Units 2015-2020 Table 20 Non-Grocery Specialists Outlets by Channel: % Unit Growth 2015-2020 Table 21 Retailing GBO Company Shares: % Value 2016-2020 Table 22 Retailing GBN Brand Shares: % Value 2017-2020 Table 23 Store-based Retailing GBO Company Shares: % Value 2016-2020 Table 24 Store-based Retailing GBN Brand Shares: % Value 2017-2020 Table 25 Store-based Retailing LBN Brand Shares: Outlets 2017-2020 Table 26 Non-Store Retailing GBO Company Shares: % Value 2016-2020 Table 27 Non-Store Retailing GBN Brand Shares: % Value 2017-2020 Table 28 Non-Grocery Specialists GBO Company Shares: % Value 2016-2020 Table 29 Non-Grocery Specialists GBN Brand Shares: % Value 2017-2020 Table 30 Non-Grocery Specialists LBN Brand Shares: Outlets 2017-2020 Table 31 Non-Grocery Specialists LBN Brand Shares: Selling Space 2017-2020 Table 32 Forecast Sales in Retailing by Store-based vs Non-Store: Value 2020-2025 Table 33 Forecast Sales in Retailing by Store-based vs Non-Store: % Value Growth 2020-2025 Table 34 Forecast Sales in Store-Based Retailing by Channel: Value 2020-2025 Table 35 Forecast Sales in Store-Based Retailing by Channel: % Value Growth 2020-2025 Table 36 Forecast Store-Based Retailing Outlets by Channel: Units 2020-2025 Table 37 Forecast Store-Based Retailing Outlets by Channel: % Unit Growth 2020-2025 Table 38 Forecast Sales in Non-Store Retailing by Channel: Value 2020-2025 Table 39 Forecast Sales in Non-Store Retailing by Channel: % Value Growth 2020-2025 Table 40 Non-Grocery Specialists Forecasts: Value Sales, Outlets and Selling Space 2020-2025 Table 41 Non-Grocery Specialists Forecasts: Value Sales, Outlets and Selling Space: % Growth 2020-2025 Table 42 Forecast Sales in Non-Grocery Specialists by Channel: Value 2020-2025 Table 43 Forecast Sales in Non-Grocery Specialists by Channel: % Value Growth 2020-2025 Table 44 Forecast Non-Grocery Specialists Outlets by Channel: Units 2020-2025 Table 45 Forecast Non-Grocery Specialists Outlets by Channel: % Unit Growth 2020-2025

DISCLAIMER

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

SOURCES

Summary 2 Research Sources
Share:

Why buy this report?

  • Gain competitive intelligence about market leaders
  • Track key industry trends, opportunities and threats
  • Inform your marketing, brand, strategy and market development, sales and supply functions

This report originates from Passport, our Direct Selling research and analysis database.

NEW REPORT GUARANTEE

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Home Page