Sri Lanka Bottled Water Market 2024
- Market Report
- ID: HF21865S
- Delivery Time: 1 Business Day
- Tag: Bottled Water
Market Overview
The bottled water market in Sri Lanka is projected to rise by USD 18.9 million by 2029, according to the latest market study results. It is anticipated to expand at a CAGR of 8.5 percent during the forecast period. Concerns regarding water quality serve as a significant catalyst for market dynamics. Despite advancements in water treatment infrastructure, numerous regions across the nation contend with inconsistent and compromised tap water quality attributable to industrial contaminants, agricultural runoff, and deficient municipal systems. Consequently, consumers perceive bottled water as a safer and more dependable potable alternative. Concurrently, the escalating awareness of health-related issues propels an increasing preference among consumers for healthier beverage choices. Bottled water, often promoted for its purity and safety, resonates with the evolving inclination towards healthier lifestyles, supplanting traditional sugary beverages.
Urbanization emerges as another pivotal determinant. Swift urban expansion precipitates a heightened demand for accessible and portable hydration solutions. Amidst bustling urban settings, bottled water garners significant traction owing to the imperative for convenient access to potable water while on the move. Furthermore, as disposable incomes rise among consumers, there is a discernible trend towards premium bottled water brands offering augmented health benefits, such as mineral-infused or vitamin-enhanced variants.
The report provides a comprehensive overview of the Sri Lanka bottled water industry, covering a study of the key players operating in the market. It includes an analysis of market segments and sub-segments, taking into consideration factors such as product type, pack type, and distribution channel. By examining these aspects, the report offers valuable insights into the potential of the bottled water industry. Moreover, the report presents statistical information, including market size, market share, growth rate, and forecasts specifically tailored to the bottled water industry. This data-driven analysis equips industry professionals with the necessary information to assess the current market landscape, make well-informed decisions, and identify growth opportunities within the sector.
Market Segmentation
The bottled water market in Sri Lanka is segmented as below:
Product type: still water, sparkling water, and functional and flavored water
Pack type: glass bottles, rigid plastic bottles, and others
Distribution channel: convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, HoReCa, e-commerce, and others
The Sri Lanka bottled water market is segmented on the basis of product type, pack type, and distribution channel. Based on product type, the bottled water market in Sri Lanka is categorized into still water, sparkling water, and functional and flavored water. On the basis of pack type, the bottled water market in Sri Lanka has been segmented into glass bottles, rigid plastic bottles, and others. By distribution channel, the bottled water market in Sri Lanka has been segmented into convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, HoReCa, e-commerce, and others.
Competitive Landscape
The Sri Lanka bottled water market is highly competitive. The prominent players operating in the Sri Lanka bottled water market include Access Natural Water (Pvt) Ltd., American Premium Water Systems (Pvt) Ltd., Ceylon Cold Stores PLC, Country Style Food (Pvt) Ltd., Orzone Mineral Water Exports (Pvt) Ltd., PepsiCo Inc., The Coca-Cola Company.
The report is an indispensable tool for companies and organizations operating in the bottled water industry. It offers a comprehensive overview of the market, empowering industry executives, policy makers, academics, and analysts to make well-informed decisions. The report provides valuable insights and analysis, presenting a cohesive and detailed perspective on the bottled water market.
Why Buy This Report?
Provide statistical data or estimations for the Sri Lanka bottled water market
Formulate regional strategies and determine strategic priorities based on local data analysis
Gain a comprehensive understanding of the bottled water market in Sri Lanka
Identify promising investment opportunities by pinpointing growth sectors and emerging trends
Understand what the future of the bottled water market in Sri Lanka looks like
Analyze the competitive landscape and identify the optimal timing for seizing opportunities
Table of Contents
TABLE OF CONTENTS
FIGURES AND TABLES
1. Scope and Methodology
1.1 Key Findings
1.2 Report Scope
1.3 Research Methodology
2. Market Overview
3. Sri Lanka Bottled Water Market – Product Type Analysis
3.1 Still water
3.2 Sparkling water
3.3 Functional and flavored water
4. Sri Lanka Bottled Water Market – Pack Type Analysis
4.1 Glass bottles
4.2 Rigid plastic bottles
4.3 Others
5. Sri Lanka Bottled Water Market – Distribution Channel Analysis
5.1 Convenience and forecourt stores
5.2 Supermarkets and hypermarkets
5.3 Small grocery stores
5.4 HoReCa
5.5 E-commerce
5.6 Others
6. Company Profiles
6.1 Access Natural Water (Pvt) Ltd.
6.2 American Premium Water Systems (Pvt) Ltd.
6.3 Ceylon Cold Stores PLC
6.4 Country Style Food (Pvt) Ltd.
6.5 Orzone Mineral Water Exports (Pvt) Ltd.
6.6 PepsiCo, Inc.
6.7 The Coca-Cola Company
DISCLAIMER
Companies Mentioned
Access Natural Water (Pvt) Ltd.
American Premium Water Systems (Pvt) Ltd.
Ceylon Cold Stores PLC
Country Style Food (Pvt) Ltd.
Orzone Mineral Water Exports (Pvt) Ltd.
PepsiCo, Inc.
The Coca-Cola Company
USD 250