Market Overview

According to the latest estimates, the wine market in Sri Lanka is set to achieve an incremental growth of USD 15.3 million, accelerating at a CAGR of almost 20.1% during the forecast period 2024-2029. The growth of the middle class in Sri Lanka has led to increased disposable income, driving demand for premium and imported wines. Additionally, younger consumers are increasingly choosing wine over traditional alcoholic drinks. The surge in e-commerce has further facilitated this trend by offering consumers easy access to a broader selection of wines online.

The report provides a comprehensive overview of the Sri Lanka wine industry, covering a study of the key players operating in the market. It includes an analysis of market segments and sub-segments, taking into consideration factors such as product, and distribution channel. By examining these aspects, the report offers valuable insights into the potential of the wine industry. Moreover, the report presents statistical information, including market size, market share, growth rate, and forecasts specifically tailored to the wine industry. This data-driven analysis equips industry professionals with the necessary information to assess the current market landscape, make well-informed decisions, and identify growth opportunities within the sector.

Market Segmentation

The wine market in Sri Lanka is segmented as below:
Product: fortified wine, non-grape wine, sparkling wine, still wine, and others
Distribution channel: supermarkets and hypermarkets, specialty stores, small grocery stores, foodservice channels, and others

The Sri Lanka wine market is segmented on the basis of product, and distribution channel. By product, the wine market in Sri Lanka has been segmented into fortified wine, non-grape wine, sparkling wine, still wine, and others. Based upon distribution channel, the wine market in Sri Lanka is categorized into supermarkets and hypermarkets, specialty stores, small grocery stores, foodservice channels, and others.

The report is an indispensable tool for companies and organizations operating in the wine industry. It offers a comprehensive overview of the market, empowering industry executives, policy makers, academics, and analysts to make well-informed decisions. The report provides valuable insights and analysis, presenting a cohesive and detailed perspective on the wine market.

Why Buy This Report?

Provide statistical data or estimations for the Sri Lanka wine market
Formulate regional strategies and determine strategic priorities based on local data analysis
Gain a comprehensive understanding of the wine market in Sri Lanka
Identify promising investment opportunities by pinpointing growth sectors and emerging trends
Understand what the future of the wine market in Sri Lanka looks like

Table of Contents

TABLE OF CONTENTS
FIGURES AND TABLES
1. Scope and Methodology
1.1 Key Findings
1.2 Report Scope
1.3 Research Methodology
2. Market Overview
3. Sri Lanka Wine Market – Product Analysis
3.1 Fortified wine
3.2 Non-grape wine
3.3 Sparkling wine
3.4 Still wine
3.5 Others
4. Sri Lanka Wine Market – Distribution Channel Analysis
4.1 Supermarkets and hypermarkets
4.2 Specialty stores
4.3 Small grocery stores
4.4 Foodservice channels
4.5 Others
DISCLAIMER