"Wound Care in Latvia" is now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Mon Dec 14 2015

Wound care products have seasonal demand in Latvia: the peak is reached in summertime due to garden works season and activities in nature. Wound care continued to register positive current value growth in 2015. This was mainly attributable to rising unit prices in 2015 with industry experts identifying increasing consumer interest in more sophisticated products as a result of a positive economic climate and subsequent stronger purchasing power.

Competitive Landscape

During 2015, Urgo by Laboratoires URGO SAS remained the leading brand within wound care in Latvia with a 28% value share, although losing share to local producer Forans SIA and private label products. Forans, with its brand Medrull, stabilised in second position in wound care in 2015, offering a wide range of universal plasters for both adults and children at affordable prices. It offers qualitative products, twice a year updating its assortment to improve the healing and absorbing abilities of the plasters. Medrull is especially strong in grocery retailers.

Full Report Details at
- http://www.fastmr.com/prod/1082614_wound_care_latvia.aspx?afid=301

Industry Prospects

Wound care in Latvia is expected to enjoy stable growth at a 2% value CAGR at constant 2015 prices over the forecast period. The premium price will be the main driver of value sales, as positive economic growth and a subsequent increase of purchasing power will allow consumers to spend more money on sophisticated products, while volume sales growth will slightly decrease as a result of the shrinking population.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Wound Treatments 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 Wound Treatments industry in Latvia, our research will save you time and money while empowering you to make informed, profitable decisions.

The Wound Treatments 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 Wound Treatments in Latvia?
* What are the major brands in Latvia?
* What novel technologies are being used in sticking plasters/adhesive bandages?

Reasons to Get this Report

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