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New Market Report Now Available: Bath and Shower in Latvia

Recently published research from Euromonitor International, "Bath and Shower in Latvia", is now available at Fast Market Research

 
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Boston, MA -- (SBWIRE) -- 07/02/2014 -- Bath and shower products are used on a daily basis by virtually all Latvian consumers and the category is therefore considered to one of the most important staples in the beauty and personal care industry. Thus, bath and shower suffered less during the economic crisis in comparison with other beauty and personal care categories. Nevertheless, there rising demand for larger packaging sizes and price discounts continued to develop towards the end of the review period as many Latvian consumers returned to pre-crisis consumption patterns, which fuelled demand for new and more expensive bath and shower products.

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Competitive Landscape

Unilever remained the leading player in bath and shower category in Latvia in 2012 with a value share of 16%. The company constantly extends its Dove product line, which is perceived as offering high quality at affordable prices and remains popular mainly due to its extra-moisturising formula, which is constantly promoted through numerous advertising campaigns. Unilever's recent activities in Latvia have included the expansion of its bath and shower product line targeted at men. At the end of 2011, the company introduced Dove Men + Care body and face shower gel. These products managed to gain the trust and acceptance of many Latvian men over the course of 2012.

Industry Prospects

Bath and shower in Latvia is expected to increase in constant value at a CAGR of 1% over the forecast period. Value sales in the category are expected to increase in line with consumer purchasing power over the forecast period. Latvian consumers, in turn, are expected to show more interest in innovative new product developments in bath and shower and demand more sophisticated, natural and spa products, including premium bath and shower items. Changes in consumer behaviour are expected to boost value sales in bath and shower throughout the forecast period.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Bath and Shower industry in Latvia with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Bath and Shower industry in Latvia, our research will save you time and money while empowering you to make informed, profitable decisions.

The Bath and Shower in Latvia market research report includes:

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

Our market research reports answer questions such as:

- What is the market size of Bath and Shower in Latvia?
- What are the major brands in Latvia?
- How are sales of private label products evolving?
- What is the importance of intimate washes in the overall category context?

Reasons to Get 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

Product coverage: Bar Soap, Bath Additives, Body Wash/Shower Gel, Intimate Hygiene, Liquid Soap, Talcum Powder.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

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