Forecasts highlight a favorable growth outlook for the Sri Lanka soft drinks market, with a projected increase of USD 175.4 million and a CAGR close to 5.8% through 2030. 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.
This report delivers a comprehensive analysis and forward-looking perspective on the Sri Lanka soft drinks market, spanning historical data from 2020 to 2024 and market projections through 2030. By examining market size, growth rates, and segmented insights, the report highlights the dynamic shifts and emerging trends shaping the industry. It provides a granular breakdown across key dimensions, including product type, type, packaging and distribution channel, offering stakeholders a detailed roadmap for strategic decision-making.
Market Segmentation
The Sri Lanka soft drinks market is classified into the following segments:
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: hypermarkets, small grocery stores, supermarkets, others
The soft drinks market in Sri Lanka is segmented across 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 categories include regular, and low- and no-sugar soft drinks. Packaging segments comprise flexible packaging, glass bottles, liquid cartons, metal cans, plastic bottles, and others. Distribution channel segmentation comprises hypermarkets, small grocery stores, supermarkets, and others.
Competitive Landscape
The competitive landscape of the industry has been analyzed, featuring profiles of major players such as Access Natural Water (Pvt) Ltd., American Premium Water Systems (Pvt) Ltd., Cargills (Ceylon) PLC, Ceylon Cold Stores PLC, CO-RO Holding A/S, Country Style Food (Pvt) Ltd., Orzone Mineral Water Exports (Pvt) Ltd., PepsiCo Inc. and The Coca-Cola Company.
This analysis offers a comprehensive overview of the main players in the soft drinks market, evaluating their performance trends from 2020 to 2024. Key findings illustrate shifts in market share, identifying both dominant firms and rising competitors.
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
Market Segmentation
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
Company Shares Analysis
Access Natural Water (Pvt) Ltd.
American Premium Water Systems (Pvt) Ltd.
Cargills (Ceylon) PLC
Ceylon Cold Stores PLC
CO-RO Holding A/S
Country Style Food (Pvt) Ltd.
Orzone Mineral Water Exports (Pvt) Ltd.
PepsiCo, Inc.
The Coca-Cola Company
Macroeconomic Data and Forecast
Research Methodology
Disclaimer
FIGURES AND TABLES
Table Sri Lanka Soft Drinks Market 2020-2030
Chart Sri Lanka Soft Drinks Market, Net Growth, 2020-2030
Chart Sri Lanka Soft Drinks Market, Growth Rates, 2020-2030
Table Sri Lanka Soft Drinks Market by Product Type, 2020-2030
Chart Sri Lanka Soft Drinks Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart Sri Lanka Soft Drinks Market by Product Type, 2020-2030
Table Sri Lanka Soft Drinks Market by Type, 2020-2030
Chart Sri Lanka Soft Drinks Market by Type, CAGR Historic and Forecast, 2020-2030
Chart Sri Lanka Soft Drinks Market by Type, 2020-2030
Table Sri Lanka Soft Drinks Market by Packaging, 2020-2030
Chart Sri Lanka Soft Drinks Market by Packaging, CAGR Historic and Forecast, 2020-2030
Chart Sri Lanka Soft Drinks Market by Packaging, 2020-2030
Table Sri Lanka Soft Drinks Market by Distribution Channel, 2020-2030
Chart Sri Lanka Soft Drinks Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Sri Lanka Soft Drinks Market by Distribution Channel, 2020-2030
Table Sri Lanka Soft Drinks Market Share (%), by Companies, 2020-2024
Chart Sri Lanka Soft Drinks Market, by Companies, 2024
Table Sri Lanka Soft Drinks Market Share (%), by Brands, 2020-2024
Chart Sri Lanka Soft Drinks Market, by Brands, 2024
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
Access Natural Water (Pvt) Ltd.
American Premium Water Systems (Pvt) Ltd.
Cargills (Ceylon) PLC
Ceylon Cold Stores PLC
CO-RO Holding A/S
Country Style Food (Pvt) Ltd.
Orzone Mineral Water Exports (Pvt) Ltd.
PepsiCo, Inc.
The Coca-Cola Company