With accelerating growth dynamics, the Sri Lanka confectionery sector is anticipated to expand by USD 118.0 million, exhibiting a robust CAGR of 10.5% during the period from 2024 to 2029. Sri Lanka’s confectionery market is expanding, supported by rising disposable incomes and increasing consumer preference for packaged and branded products. The growth of modern retail infrastructure, including supermarkets and convenience stores, is boosting accessibility, while younger consumers are driving demand for innovative and indulgent treats.
The report provides a comprehensive analysis of the Sri Lanka confectionery industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product type, packaging type and distribution channel. The insights gained from this evaluation help reveal the growth potential within the confectionery sector.
Market Segmentation
The segmentation of the Sri Lanka confectionery market is outlined below:
Product type: chocolate, gums, sugar confectionery
Packaging type: flexible packaging, folding cartons, rigid plastic, metal, others
Distribution channel: supermarkets and hypermarkets, small grocery stores, foodservice channels, e-commerce, others
The segmentation of the Sri Lanka confectionery market product type, packaging type and distribution channel. By product type, the market is categorized into chocolate, gums, and sugar confectionery. Packaging type segments encompass flexible packaging, folding cartons, rigid plastic, metal, and others. Distribution channel segments cover supermarkets and hypermarkets, small grocery stores, foodservice channels, e-commerce, and others.
Competitive Landscape
Key players in the confectionery market consist of Edna Group, Ceylon Chocolates Limited and Ceylon Biscuits Limited. This report presents an extensive analysis of major entities in the confectionery market, focusing on their performance from 2019 to 2023. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Sri Lanka confectionery market.
Gain in-depth analysis and forecasts for the key segments of the Sri Lanka confectionery market: product type, packaging type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Sri Lanka confectionery market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Sri Lanka confectionery market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Sri Lanka Confectionery Market – Product Type Analysis
Sri Lanka Confectionery Market – Packaging Type Analysis
Sri Lanka Confectionery Market – Distribution Channel Analysis
Key Players and Market Share
– Edna Group
– Ceylon Chocolates Limited
– Ceylon Biscuits Limited
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Sri Lanka Confectionery Market 2019-2029
Chart Sri Lanka Confectionery Market, Net Growth, 2019-2029
Chart Sri Lanka Confectionery Market, Growth Rates, 2019-2029
Table Sri Lanka Confectionery Market by Product Type, 2019-2029
Chart Sri Lanka Confectionery Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Sri Lanka Confectionery Market by Product Type, 2019-2029
Table Sri Lanka Confectionery Market by Packaging Type, 2019-2029
Chart Sri Lanka Confectionery Market by Packaging Type, CAGR Historic and Forecast, 2019-2029
Chart Sri Lanka Confectionery Market by Packaging Type, 2019-2029
Table Sri Lanka Confectionery Market by Distribution Channel, 2019-2029
Chart Sri Lanka Confectionery Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Sri Lanka Confectionery Market by Distribution Channel, 2019-2029
Table Sri Lanka Confectionery Market Share (%), by Companies, 2019-2023
Chart Sri Lanka Confectionery Market, by Companies, 2023
Table Sri Lanka Confectionery Market Share (%), by Brands, 2019-2023
Chart Sri Lanka Confectionery 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 Confectionery Market: Spend as a Proportion of GDP (%)
Table Sri Lanka Confectionery Market: Consumption per Capita (Population)
Companies Mentioned
Edna Group
Ceylon Chocolates Limited
Ceylon Biscuits Limited