"Non-Store Retailing in Latvia" is now available at Fast Market Research

Non-store retailing continued to grow rapidly in 2014, extending its period of robust growth. The channel was driven mainly by a continuous increase in internet retailing which continued to gain momentum in Latvia. Increasing usage of group shopping portals, tablets and smartphones encouraged more frequent purchases and expanded the customer base. Modest improvement in direct selling also added to category growth during 2014. Meanwhile, homeshopping experienced further decline as more consumers gradually switched to web stores.

Competitive Landscape

Competitive Landscape

Mobilukss SIA and Pigu Latvia SIA were the leading non-store retailers in 2014, accounting for value share of 13% and 9% respectively. Mobilukss SIA is well-known for its web store 1a.lv, while Pigu Latvia SIA operates online shop 220.lv. Both players have a long presence and over time have developed a broad product offering ranging from beauty products and toys to complex electronic devices and furniture. Mobilukss SIA and Pigu Latvia SIA are renowned for reliability and good customer service and enjoy strong customer loyalty.

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Industry Prospects

Industry Prospects

Non-store retailing is predicted to become more important over the forecast period and create stronger pressure on store-based retailing. Non-store retailers will seek to explore opportunities created by the growing number of people who are not afraid to shop online as well as those who use smartphones and tablets on a regular basis. Direct sellers and homeshopping retailers are likely to introduce online stores or web-based customer support in order to compete with internet retailing.

Report Overview

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

The?Non-Store Retailing in?Latvia market research report includes:

* Analysis of key supply-side and demand trends
* Detailed market shares for international and locally-based retailers
* 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:

* Is non-store retailing outperforming its store-based peers?

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