Total volume sales of alcoholic drinks in Sri Lanka saw double-digit growth in 2024, while total current value sales increased dynamically.
This Alcoholic Drinks in Sri Lanka report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2020-2024), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they legislative, distribution or pricing issues. Forecasts to 2029 illustrate how the market is set to change.
Product coverage: Beer, Cider/Perry, RTDs, Spirits, Wine.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
This Alcoholic Drinks in Sri Lanka report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2020-2024), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they legislative, distribution or pricing issues. Forecasts to 2029 illustrate how the market is set to change.
Product coverage: Beer, Cider/Perry, RTDs, Spirits, Wine.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why Buy this Report?
- Get a detailed picture of the Alcoholic Drinks market;
- Pinpoint growth sectors and identify factors driving change;
- Understand the competitive environment, the market’s major players and leading brands;
- Use five-year forecasts to assess how the market is predicted to develop.
Table of Contents
Alcoholic Drinks in Sri LankaExecutive SummaryCompetitive LandscapeRetail DevelopmentsOn-Trade Vs Off-Trade SplitWhat Next for Alcoholic Drinks?Market BackgroundLegislationLegal Purchasing Age and Legal Drinking AgeDrink DrivingAdvertisingSmoking BanOpening HoursOn-Trade EstablishmentsTaxation and Duty LeviesOperating EnvironmentContraband/Parallel TradeDuty FreeCross-Border/Private ImportsKey New Product LaunchesOutlookDisclaimerBeerBeer Benefits from Economic Concerns, But Premiumisation is Also VisibleLion Brewery Dominates But Shoots of Competition AppearFoodservice Demand Continues to ReboundProspects and OpportunitiesThe Offer of Beer is Expected to Develop Along Higher-Quality LinesHealth, Sustainable and Ethical Considerations to Gain Weight in Consumer Purchasing DecisionsStrong Company Activity is Expected to Increase Consumer EngagementWineSparkling Wine Benefits from the Search for Special Occasion BeveragesPlayers Invest in Expanding Access and Affordability for ConsumersWider Distribution as the Government Issues More Retail LicensesRobust Key Trends to Continue to Shape Wine in Sri LankaFlavoured and Lower-Alcohol Wines to Gain PopularitySpiritsAffordability Favours ArrackSmaller Players Make Gains Through Affordability PositioningShift to At-Home Consumption Favours Retail But the On-Trade Channel Remains ImportantStrong But Slowing Total Volume Growth as Spirits StabilisesGrowing Popularity of Locally Made Foreign Liquors in a Price-Sensitive MarketCider/PerryCider/Perry Retains Potential as a Lower-Strength, Refreshing OptionInternational Brands Are Present With No Domestic ProductionLimited But Growing DistributionCider/Perry to Benefit from a Demand for Flavoursome and Non/Low Alcoholic DrinksPlayers to Push for Wider Distribution Although High Prices Remain An ObstacleRtdsLow Awareness and Availability Continue to Limit Rtds’ PromiseSome Company Activity in a Shallow CategoryLimited Retail and Foodservice Distribution Hampers Category DevelopmentRtds Could Develop Along Non Alcoholic Lines in An Increasingly Health-Conscious ClimateDistinctive Flavours and Ingredients Would Add Dynamism to the OfferPackaging May Play a Role in Piquing Interest in Rtds
Alcoholic Drinks in 2024: the Big Picture
Market Indicators
Market Data
Key Data Findings
Category Data
Packaging Developments and Digital Platforms to Add Dynamism to Wine
Tourism May Offer Some Respite to Premium Spirits
Cider/Perry to See a Level of Premiumisation
Category Data
