Discounters is expected to drive grocery retailers in retail value and outlet growth terms, albeit from a lower base than more major and established formats, such as supermarkets and convenience stores. After a successful start, Lidl is predicted to continue to expand its presence in and out of the major cities.
Consumers are expected to remain price-sensitive and focus on essential shopping. Ongoing inflationary pressure is likely to result in cautious spending behaviour in the short to medium term.
Larger chained operators like Maxima Latvija and Rimi Latvia are investing in the payment infrastructure and increasing the number of self-service cashiers across their stores. There are sound reasons for doing so, including lower costs and (in theory) faster transaction rates.
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Understand the latest market trends and future growth opportunities for the Grocery Retailers 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 Grocery Retailers 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.
Modern and traditional retailers selling one or more of the following, as the primary focus, from retail outlets, kiosks or market stalls: food, beverages, and/or tobacco. This is the aggregation of convenience retailers, supermarkets, hypermarkets, discounters, warehouse clubs, food/drink/tobacco specialists, and small local grocers.See All of Our Definitions
This report originates from Passport, our Grocery Retailers research and analysis database.
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