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 beverages. Carbonated drinks, bottled water, and fruit juices are in high demand, particularly in urban areas. Additionally, the rising health awareness among Sri Lankan consumers is fueling interest in low-sugar, sugar-free, and functional drinks. The expanding retail landscape and growth in modern trade channels are improving accessibility to a wider range of soft drinks, contributing to market expansion.
The report delivers an in-depth analysis of the Sri Lanka soft drinks industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like product type, type, packaging and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the soft drinks market.
Market Segmentation
The following outlines the segmentation of the Sri Lanka soft drinks market:
Product type: bottled water, carbonated soft drinks, concentrates, juices, energy drinks, sports drinks
Type: regular, low- and no-sugar soft drinks
Packaging: flexible packaging, glass bottles, liquid cartons, metal cans, plastic bottles, others
Distribution channel: supermarkets and hypermarkets, grocery stores, bars and HoReCa, others
The soft drinks market in the Sri Lanka is segmented by product type, type, packaging and distribution channel. The categorization of the market by product type includes bottled water, carbonated soft drinks, concentrates, juices, energy drinks, and sports drinks. Type segments are divided into regular, and low- and no-sugar soft drinks. Packaging segments are categorized into flexible packaging, glass bottles, liquid cartons, metal cans, plastic bottles, and others. Distribution channel segmentation includes supermarkets and hypermarkets, grocery stores, bars and HoReCa, and others.
Competitive Landscape
In examining the competitive landscape, key players in the soft drinks market include The Coca-Cola Company, PepsiCo Inc., Orzone Mineral Water Exports (Pvt) Ltd., Country Style Food (Pvt) Ltd., CO-RO Holding A/S, Ceylon Cold Stores PLC, Cargills (Ceylon) PLC, American Premium Water Systems (Pvt) Ltd. and Access Natural Water (Pvt) Ltd.
This report delivers an in-depth examination of leading companies in the soft drinks sector, analyzing their performance from 2019 to 2023. The results indicate changes in market share, emphasizing both established leaders and new entrants.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Sri Lanka soft drinks market.
Gain in-depth analysis and forecasts for the key segments of the Sri Lanka soft drinks market: product type, type, packaging 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 soft drinks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Sri Lanka soft 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 Soft Drinks Market – Product Type Analysis
Sri Lanka Soft Drinks Market – Type Analysis
Sri Lanka Soft Drinks Market – Packaging Analysis
Sri Lanka Soft Drinks Market – Distribution Channel Analysis
Key Players and Market Share
– The Coca-Cola Company
– PepsiCo, Inc.
– Orzone Mineral Water Exports (Pvt) Ltd.
– Country Style Food (Pvt) Ltd.
– CO-RO Holding A/S
– Ceylon Cold Stores PLC
– Cargills (Ceylon) PLC
– American Premium Water Systems (Pvt) Ltd.
– Access Natural Water (Pvt) Ltd.
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Sri Lanka Soft Drinks Market 2019-2029
Chart Sri Lanka Soft Drinks Market, Net Growth, 2019-2029
Chart Sri Lanka Soft Drinks Market, Growth Rates, 2019-2029
Table Sri Lanka Soft Drinks Market by Product Type, 2019-2029
Chart Sri Lanka Soft Drinks Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Sri Lanka Soft Drinks Market by Product Type, 2019-2029
Table Sri Lanka Soft Drinks Market by Type, 2019-2029
Chart Sri Lanka Soft Drinks Market by Type, CAGR Historic and Forecast, 2019-2029
Chart Sri Lanka Soft Drinks Market by Type, 2019-2029
Table Sri Lanka Soft Drinks Market by Packaging, 2019-2029
Chart Sri Lanka Soft Drinks Market by Packaging, CAGR Historic and Forecast, 2019-2029
Chart Sri Lanka Soft Drinks Market by Packaging, 2019-2029
Table Sri Lanka Soft Drinks Market by Distribution Channel, 2019-2029
Chart Sri Lanka Soft Drinks Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Sri Lanka Soft Drinks Market by Distribution Channel, 2019-2029
Table Sri Lanka Soft Drinks Market Share (%), by Companies, 2019-2023
Chart Sri Lanka Soft Drinks Market, by Companies, 2023
Table Sri Lanka Soft Drinks Market Share (%), by Brands, 2019-2023
Chart Sri Lanka 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 Soft Drinks Market: Spend as a Proportion of GDP (%)
Table Sri Lanka Soft Drinks Market: Consumption per Capita (Population)
Companies Mentioned
The Coca-Cola Company
PepsiCo, Inc.
Orzone Mineral Water Exports (Pvt) Ltd.
Country Style Food (Pvt) Ltd.
CO-RO Holding A/S
Ceylon Cold Stores PLC
Cargills (Ceylon) PLC
American Premium Water Systems (Pvt) Ltd.
Access Natural Water (Pvt) Ltd.