The carbonated soft drinks market in Sri Lanka is projected to rise by USD 104.5 million by 2029, according to the latest market study results. It is anticipated to expand at a CAGR of 5.8 percent during the forecast period. The youthful demographic and innovative marketing strategies are pivotal in propelling the growth of the carbonated soft drink (CSD) market in Sri Lanka. A significant portion of the population in the country consists of young individuals who are keen on exploring new products and experiences. This demographic’s openness to novelty makes them a prime target for carbonated soft drink manufacturers.
To tap into this potential, major CSD brands are deploying dynamic marketing campaigns tailored to resonate with young consumers. These campaigns often emphasize the fun, refreshing nature of carbonated soft drinks and are reinforced through sponsorships of popular events, sports, and entertainment activities.
This report provides a thorough assessment of the Sri Lanka carbonated soft drinks industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like type, product, packaging, and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the carbonated soft drinks industry.
Market Segmentation
The carbonated soft drinks market in Sri Lanka is categorized into the following segments:
Type: regular, reduced sugar/sugar-free
Product: colas, carbonated orange drinks, lemonade and lime, tonic water and mixers, others
Packaging: glass bottles, metal cans, plastic bottles
Distribution channel: supermarkets and hypermarkets, small grocery stores, foodservice channels, others
The Sri Lanka carbonated soft drinks market is segmented on the basis of type, product, packaging, and distribution channel. Based on type, the carbonated soft drinks market in Sri Lanka is categorized into regular, and reduced sugar/sugar-free. On the basis of product, the carbonated soft drinks market in Sri Lanka has been segmented into colas, carbonated orange drinks, lemonade and lime, tonic water and mixers, and others. By packaging, the carbonated soft drinks market in Sri Lanka has been segmented into glass bottles, metal cans, and plastic bottles. Based upon distribution channel, the carbonated soft drinks market in Sri Lanka is also categorized into supermarkets and hypermarkets, small grocery stores, foodservice channels, and others.
Competitive Landscape
The carbonated soft drinks market in Sri Lanka comprises only a handful of players such as Ceylon Cold Stores PLC, The Coca-Cola Company.
This report provides a comprehensive analysis of the key players in the Sri Lanka carbonated soft drinks market, along with their performance from 2019 to 2023. By utilizing this data, businesses can gain a deeper understanding of market dynamics, including shifts in market share, the identification of leading players, and the rise of emerging companies. This information equips firms with a strategic advantage in a competitive landscape, enabling them to refine their market strategies and make informed, long-term decisions.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Sri Lanka carbonated soft drinks market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Sri Lanka carbonated soft drinks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Sri Lanka carbonated soft drinks market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
Table of Contents
TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewSri Lanka carbonated soft drinks market – type analysis
Sri Lanka carbonated soft drinks market – product analysis
Sri Lanka carbonated soft drinks market – packaging analysis
Sri Lanka carbonated soft drinks market – distribution channel analysis
Key players and market share
– Ceylon Cold Stores PLC
– The Coca-Cola Company
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table Sri Lanka carbonated soft drinks market 2019-2029
Chart Sri Lanka carbonated soft drinks market, net growth, 2019-2029
Chart Sri Lanka carbonated soft drinks market, growth rates, 2019-2029
Table Sri Lanka carbonated soft drinks market by type, 2019-2029
Chart Sri Lanka carbonated soft drinks market by type, CAGR historic and forecast, 2019-2029
Chart Sri Lanka carbonated soft drinks market by type, 2019-2029
Table Sri Lanka carbonated soft drinks market by product, 2019-2029
Chart Sri Lanka carbonated soft drinks market by product, CAGR historic and forecast, 2019-2029
Chart Sri Lanka carbonated soft drinks market by product, 2019-2029
Table Sri Lanka carbonated soft drinks market by packaging, 2019-2029
Chart Sri Lanka carbonated soft drinks market by packaging, CAGR historic and forecast, 2019-2029
Chart Sri Lanka carbonated soft drinks market by packaging, 2019-2029
Table Sri Lanka carbonated soft drinks market by distribution channel, 2019-2029
Chart Sri Lanka carbonated soft drinks market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Sri Lanka carbonated soft drinks market by distribution channel, 2019-2029
Table Sri Lanka carbonated soft drinks market share (%), by companies, 2019-2023
Chart Sri Lanka carbonated soft drinks market, by companies, 2023
Table Sri Lanka carbonated soft drinks market share (%), by brands, 2019-2023
Chart Sri Lanka carbonated soft drinks market, by brands, 2023
Table Sri Lanka – population (millions) and forecast
Table Sri Lanka – consumer price index (CPI) and forecast
Table Sri Lanka – gross domestic product and forecast
Table Sri Lanka carbonated soft drinks market: spend as a proportion of GDP (%)
Table Sri Lanka carbonated soft drinks market: consumption per capita (population)