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Sri Lanka

The world's most comprehensive market research on consumer produc...

The world's most comprehensive market research on consumer products, commercial industries, demographics trends and consumer lifestyles in Sri Lanka.

Country Briefing

Economy, Finance and Trade: Sri Lanka

May 2024

In 2023, Sri Lanka’s economy contracted by 2.0%, despite an IMF bailout. GDP per capita remained notably lower than the Asia Pacific average, owing to high unemployment. Furthermore, inflation declined due to lower commodity prices and stricter…

USD 300
Country Report

Beauty and Personal Care in Sri Lanka

May 2024

Many categories of beauty and personal care saw a decline or stagnation in retail volume terms in 2023. Despite the easing of import restrictions the availability of some products and brands still remained limited. This coupled with high inflation…

USD 2,750
Future Demographics

Sri Lanka in 2040: The Future Demographic

Mar 2024

Population growth in Sri Lanka from 2021-2040 will be the result of rising life expectancy and positive natural change. Ageing will continue, with the population above 65 rising, while under 14s decline. Despite population growth, negative net…

USD 990
Country Report

Tissue and Hygiene in Sri Lanka

Mar 2024

In 2023, tissue and hygiene in Sri Lanka faced challenges due to supply chain disruptions from import bans, prompting a shift towards local production. Consumer behaviour shifted towards affordable products amidst the recession, impacting businesses.…

USD 2,750
Country Report

Home Care in Sri Lanka

Feb 2024

A number of noteworthy developments occurred in home care in Sri Lanka in 2023. Dishwashing bars and liquid soaps became much more popular among consumers than conventional hand dishwashing liquid. The demand for locally produced home care products…

USD 2,750
Country Report

Soft Drinks in Sri Lanka

Jan 2024

With a lack of foreign reserves in the country due to the current economic crisis, the government of Sri Lanka has had to impose import restrictions which has limited the availability of some soft drinks. Although not as high as in 2022 inflation…

USD 2,450
Country Report

Hot Drinks in Sri Lanka

Jan 2024

With a lack of foreign reserves in the country due to the current economic crisis, the government of Sri Lanka had to impose import restrictions which limited the availability of some hot drinks. Inflation also remained in double figures which put…

USD 2,450
Country Report

Staple Foods in Sri Lanka

Dec 2023

In 2023, staples in Sri Lanka witnessed a shift in consumer preferences. Baked goods like fresh bread and pastries have gained popularity as more prepare their meals at home. Health-conscious are consumers seeking diverse breakfast cereals.…

USD 2,450
Country Report

PEST Analysis: Sri Lanka

Dec 2023

Sri Lanka is grappling with multiple issues including weak economic freedom, corruption, and denial of human rights. Furthermore, an economic crisis led to political instability and trigged hyperinflation, although prices have fallen fast, and output…

USD 300
Country Report

Cooking Ingredients and Meals in Sri Lanka

Dec 2023

With Sri Lanka facing its worst economic crisis in 74 years, product shortages and price hikes have recalibrated consumer demand and supply patterns across all categories of cooking ingredients and meals. Manufacturers are struggling due to the…

USD 2,450
Country Report

Consumer Health in Sri Lanka

Oct 2023

During the pandemic Sri Lanka received international support to purchase the necessary medication to help them fight COVID-19. However, due to the current economic crisis the Government of Sri Lanka has had to impose import restrictions due to…

USD 2,750
Country Briefing

Commodities: Sri Lanka

Oct 2023

The commodities country overview provides comprehensive data on production, consumption and price trends on key commodities markets. The commodities overview in Sri Lanka covers production and consumption trends in agricultural commodities, energy…

USD 300
Country Report

Dairy Products and Alternatives in Sri Lanka

Sep 2023

Amidst dollar shortages and central bank constraints, dairy product imports into the country has decreased in 2023 as Sri Lanka's government is striving for self-sufficiency. Despite the economic crisis, key players are achieving notable revenue…

USD 2,100
Country Report

Snacks in Sri Lanka

Jul 2023

Low consumer spending due to the economic crisis was not the only issue that snacks players faced in 2023 as the falling exchange value of the Sri Lankan rupee, limited access to foreign currency, supply chain issues and interruptions to the power…

USD 2,450
Cities

Colombo in Sri Lanka

Jul 2023

The Colombo in Sri Lanka report provides comprehensive city level information benchmarked against other cities in the country and region. The report includes historic data and forecasts on city population, consumer expenditure, digital penetration,…

USD 725
Country Report

Alcoholic Drinks in Sri Lanka

Jun 2023

After being negatively impacted by the COVID-19 pandemic, alcoholic drinks in Sri Lanka faces a new set of challenges in 2022. Firstly, global inflation is causing prices to rise, which has led many consumers to become more price sensitive and…

USD 2,450
Country Report

Tobacco in Sri Lanka

Jun 2023

In 2022, the tobacco industry continues to witness rising prices due to tax increases and global inflation rates. This has boosted the illicit trade as low-income consumers are finding smoking increasingly unaffordable. Meanwhile, demand for…

USD 2,450
Country Report

Retail in Sri Lanka

Mar 2023

Sri Lanka experienced an economic crisis in 2022 with hyperinflation and severe import restrictions due to a lack of dollars. Many retailers struggled to meet demand with the country experiencing severe shortages, including for key products such as…

USD 2,450
Strategy Briefing

Food, Beverages and Tobacco in Asia Pacific

Dec 2022

Asia Pacific remained the largest global producer of food, beverages and tobacco in 2021, with sales valued at USD3,809 billion. With the release of pent-up demand, the industry’s turnover witnessed an increase in 2021. Going forward, expanding…

USD 1,325
Strategy Briefing

Recreation, Entertainment and Arts in Asia Pacific

Nov 2022

With a turnover of USD365.8 billion in 2021, Asia Pacific was the world’s second largest region for recreation, entertainment and arts. Over the next decade, the region’s entertainment industry is poised to grow at the fastest rate, nearly closing…

USD 1,325
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