The Sri Lanka hot drinks sector is poised for a dynamic growth phase, anticipating an increase of USD 131.8 million and a compound annual growth rate (CAGR) of approximately 5.3% from 2024 to 2029. Sri Lanka’s hot drinks market is primarily driven by its rich tea heritage, with consumers favoring both traditional Ceylon tea and modern blends. The growing interest in health-oriented beverages is also supporting market expansion.
This report provides a thorough assessment of the Sri Lanka hot 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 product type, packaging type and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the hot drinks industry.
Market Segmentation
The Sri Lanka hot drinks market is categorized into the following segments:
Product type: coffee, tea, chocolate drinks, malted drinks
Packaging type: flexible packaging, glass, metal, paper-based containers, rigid plastic
Distribution channel: supermarkets and hypermarkets, grocery stores, bars & HoReCa, others
The hot drinks market in Sri Lanka is segmented based on product type, packaging type and distribution channel. By product type, the market is categorized into coffee, tea, chocolate drinks, and malted drinks. Packaging type segmentation includes flexible packaging, glass, metal, paper-based containers, and rigid plastic. Distribution channel segments encompass supermarkets and hypermarkets, grocery stores, bars & HoReCa, and others.
Competitive Landscape
The hot drinks market is characterized by dominance from key players such as Unilever PLC, Sunshine Holdings PLC, Nestle S.A., MJF Holdings Limited, Lipton Teas and Infusions, Island Coffee Co. Pvt Ltd. and Harischandra Mills PLC. This comprehensive report analyzes the performance of leading companies in the hot drinks sector from 2019 to 2023. The findings highlight shifts in market share, revealing both established market leaders and emerging competitors.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Sri Lanka hot drinks market.
Gain in-depth analysis and forecasts for the key segments of the Sri Lanka hot drinks 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 hot drinks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Sri Lanka hot drinks 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 Hot Drinks Market – Product Type Analysis
Sri Lanka Hot Drinks Market – Packaging Type Analysis
Sri Lanka Hot Drinks Market – Distribution Channel Analysis
Key Players and Market Share
– Unilever PLC
– Sunshine Holdings PLC
– Nestle S.A.
– MJF Holdings Limited
– Lipton Teas and Infusions
– Island Coffee Co., Pvt Ltd.
– Harischandra Mills PLC
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Sri Lanka Hot Drinks Market 2019-2029
Chart Sri Lanka Hot Drinks Market, Net Growth, 2019-2029
Chart Sri Lanka Hot Drinks Market, Growth Rates, 2019-2029
Table Sri Lanka Hot Drinks Market by Product Type, 2019-2029
Chart Sri Lanka Hot Drinks Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Sri Lanka Hot Drinks Market by Product Type, 2019-2029
Table Sri Lanka Hot Drinks Market by Packaging Type, 2019-2029
Chart Sri Lanka Hot Drinks Market by Packaging Type, CAGR Historic and Forecast, 2019-2029
Chart Sri Lanka Hot Drinks Market by Packaging Type, 2019-2029
Table Sri Lanka Hot Drinks Market by Distribution Channel, 2019-2029
Chart Sri Lanka Hot Drinks Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Sri Lanka Hot Drinks Market by Distribution Channel, 2019-2029
Table Sri Lanka Hot Drinks Market Share (%), by Companies, 2019-2023
Chart Sri Lanka Hot Drinks Market, by Companies, 2023
Table Sri Lanka Hot Drinks Market Share (%), by Brands, 2019-2023
Chart Sri Lanka Hot 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 Hot Drinks Market: Spend as a Proportion of GDP (%)
Table Sri Lanka Hot Drinks Market: Consumption per Capita (Population)
Companies Mentioned
Unilever PLC
Sunshine Holdings PLC
Nestle S.A.
MJF Holdings Limited
Lipton Teas and Infusions
Island Coffee Co., Pvt Ltd.
Harischandra Mills PLC