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Food
Sri Lanka Snacks Market 2024
Expected to witness rapid expansion, the Sri Lanka snacks market is likely to increase from USD 522.7 million in 2023 to USD 956.7 million by 2029, registering a CAGR of 10.6% during the forecast period. In Sri Lanka, the snacks market is benefiting from rising disposable incomes and a growing middle class. As more people…
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Beverages
Sri Lanka Soft Drinks Market 2024
The Sri Lanka soft drinks market is poised for steady growth, with an expected increase of USD 183.2 million, reflecting a compound annual growth rate (CAGR) of approximately 6.8% from 2024 to 2029. Sri Lanka’s soft drinks market is driven by increasing urbanization, higher disposable incomes, and a growing preference for convenient and refreshing bevera…
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Tissue and Hygiene
Sri Lanka Menstrual Hygiene Products Market 2024
Anticipated to see moderate growth, the Sri Lanka menstrual hygiene products market is projected to achieve a CAGR of around 7% throughout the 2024 to 2029 timeframe. In Sri Lanka, the menstrual hygiene products market is being propelled by growing awareness around menstrual health, along with increased access to products in both urban and rural…
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Home Care
Sri Lanka Laundry Care Market 2024
The Sri Lanka laundry care market is poised for gradual expansion, anticipated to grow by USD 8.7 million with a compound annual growth rate (CAGR) of around 1.5% throughout the 2024 to 2029 forecast period. The laundry care market in Sri Lanka is expanding due to rising urbanization and the increasing adoption of modern washin…
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Healthcare and Medical
Sri Lanka Traditional Wound Care Market 2024
Anticipated to achieve slow but steady progress, the Sri Lanka traditional wound care market is expected to grow at a CAGR of around 0.8% during the 2024 to 2029 timeframe. Sri Lanka’s traditional wound care market is driven by increasing healthcare outreach programs in rural and underserved areas. The demand for cost-effective and accessible soluti…
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Personal Care Products
Sri Lanka Beauty and Personal Care Products Market 2024
The outlook for the Sri Lanka beauty and personal care products market indicates a modest growth of USD 115.8 million, with an expected compound annual growth rate (CAGR) of approximately 4.7% over the next five years. Sri Lanka’s beauty and personal care market is seeing gradual growth, driven by increasing urbanization and rising incomes. Consum…
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Home Care
Sri Lanka Household Insecticides Market 2024
Expected to experience slow growth, the Sri Lanka household insecticides market is on track to register a compound annual growth rate (CAGR) of roughly 3.8% during the forecast period from 2024 to 2029. In Sri Lanka, the warm tropical climate leads to significant demand for household insecticides, particularly for controlling mosquito populations. Rising awareness of ins…
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Beverages
Sri Lanka Soft Drink Concentrates Market 2024
The Sri Lanka soft drink concentrates market is on track for meaningful growth, projected to register a compound annual growth rate (CAGR) of roughly 4% over the forecast period from 2024 to 2029. In Sri Lanka, urbanization and a rising middle-class population fuel the demand for affordable, convenient beverage options like concentrates. The tropical climat…
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Food
Sri Lanka Noodles Market 2024
Forecasts highlight a favorable growth outlook for the Sri Lanka noodles market, with a projected increase of USD 42.2 million and a compound annual growth rate (CAGR) close to 9.1% through 2029. Sri Lanka’s noodles market is expanding, driven by the increasing demand for inexpensive and easy-to-prepare meals. Instant noodles are popular among busy urban…
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Home Care
Sri Lanka Air Freshener Market 2024
Projected to witness steady expansion, the Sri Lanka air freshener market is expected to achieve a CAGR of around 4.3% from 2024 to 2029, reflecting positive market conditions. In Sri Lanka, the air freshener market is expanding as urbanization and disposable incomes increase. Consumers in urban areas, particularly Colombo, are becoming more interested in produc…
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Beverages
Sri Lanka Alcoholic Beverages Market 2024
The Sri Lanka alcoholic beverages market is set to increase from USD 1,710.7 million in 2023 to USD 2,745.0 million by 2029, reflecting a CAGR of 8.2% over the 2024 to 2029 timeframe. The market for alcoholic beverages is growing, driven by rising incomes and urbanization. Beer remains the dominant alcoholic drink, though spirits like a…
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Beverages
Sri Lanka Energy and Sports Drinks Market 2024
The Sri Lanka energy and sports drinks market is positioned for steady growth, expected to expand at a compound annual growth rate (CAGR) of approximately 6.4% during the forecast period from 2024 to 2029. The energy and sports drinks market is gaining momentum, driven by a younger, health-conscious population. As more consumers embrace fitness and we…