Wound care value sales are expected to gain momentum over the forecast period as consumers trade up to premium products. Functional products, such as sports heel or cold sore plasters, are expected to generate additional revenue.
Basic plasters and bandages will remain a staple product in Latvian homes during the forecast period. These products will remain widely used to tackle minor injuries, such as small cuts and bruises, especially among children.
First aid kits may be given an additional boost by new legal regulations regarding first aid kits in cars. As in neighbouring Lithuania, initiatives to change the composition of the obligatory first aid kits in cars may also come to fruition in Latvia.
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Understand the latest market trends and future growth opportunities for the Wound Treatments 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 Wound Treatments 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.
This is the aggregation of sticking plasters/adhesive bandages, first aid kits, and gauze, tape, and other wound care. Exclude products that prevent foot blisters and anti-scarring only variants.See All of Our Definitions
This report originates from Passport, our Wound Treatments research and analysis database.
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