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The adult incontinence products market in Sri Lanka, in terms of revenue, is anticipated to progress at a CAGR of 9.1% during the forecast period, 2024-2029. As the demographic trend towards aging intensifies, the prevalence of adult incontinence issues is rising accordingly. The expanding elderly population is a key driver behind the increasing demand in… Read More
Projected to witness steady expansion, the Sri Lanka air freshener market is expected to achieve a CAGR of around 4.3% from 2024 to 2029, reflecting positive market conditions. In Sri Lanka, the air freshener market is expanding as urbanization and disposable incomes increase. Consumers in urban areas, particularly Colombo, are becoming more interested in produc… Read More
The Sri Lanka alcoholic beverages market is set to increase from USD 1,710.7 million in 2023 to USD 2,745.0 million by 2029, reflecting a CAGR of 8.2% over the 2024 to 2029 timeframe. The market for alcoholic beverages is growing, driven by rising incomes and urbanization. Beer remains the dominant alcoholic drink, though spirits like… Read More
According to the latest data, the market size of the baby diapers industry in Sri Lanka is expected to rise by USD 24.8 million with a CAGR of 10.2% by the end of 2029. The rise in birth rates within the nation can be attributed to increasing population sizes and progressively improving healthcare access across Read More
The baby personal care products market in Sri Lanka is anticipated to increase by USD 21.7 million till 2029 at an average annual growth of 5.7 percent as per the latest market estimates. In Sri Lanka, market growth is driven by increasing consumer awareness of child health and hygiene, prompting demand for safe, natural baby Read More
The bath products market in Sri Lanka is anticipated to increase by USD 8.6 million till 2029 at an average annual growth of 1.5 percent as per the latest market estimates. In Sri Lanka, rising urbanization and an expanding middle class are key drivers of the bath products market. Increasing awareness of personal hygiene and Read More
According to the latest estimates, the beer market in Sri Lanka is set to achieve an incremental growth of USD 109.4 million, accelerating at a CAGR of almost 9% during the forecast period 2024-2029. The emergence of artisanal breweries has significantly expanded the diversity of flavors within the beer industry. In stark contrast to the Read More
The body care market in Sri Lanka is estimated to increase at the rate of 9.4% each year in the period from 2024 to 2029. The Sri Lanka Body Care market is driven by rising disposable incomes and an increasing focus on personal grooming, particularly among younger consumers. The growing urbanization and Westernization of beauty Read More
Forecasts highlight a favorable growth outlook for the Sri Lanka bottled water market, with a projected increase of USD 19.6 million and a compound annual growth rate (CAGR) close to 6% through 2029. Sri Lanka’s bottled water market is fueled by a lack of access to reliable tap water in many areas and a growin… Read More
The carbonated soft drinks market in Sri Lanka is projected to rise by USD 104.5 million by 2029, according to the latest market study results. It is anticipated to expand at a CAGR of 5.8 percent during the forecast period. The youthful demographic and innovative marketing strategies are pivotal in propelling the growth of the Read More
The Sri Lanka coffee market is poised for steady growth, with an expected increase of USD 17.7 million, reflecting a compound annual growth rate (CAGR) of approximately 8.8% from 2024 to 2029. Sri Lanka’s coffee market is slowly developing, with increasing interest in coffee as an alternative to traditional tea. Local cultivation efforts and the… Read More
According to the latest estimates, the color cosmetics market in Sri Lanka is set to achieve an incremental growth of USD 20.0 million, accelerating at a CAGR of almost 11.1% during the forecast period 2024-2029. In Sri Lanka, rising disposable incomes and growing beauty consciousness among women are fueling demand for color cosmetics. The increasing Read More
According to the latest data, the market size of the condiments and sauces industry in Sri Lanka is expected to rise by USD 35.8 million with a CAGR of 6.9% by the end of 2029. The busy lifestyles of Sri Lanka consumers have led to a growing preference for convenience foods. Ready-to-use sauces, marinades, and Read More
The confectionery market in Sri Lanka is projected to rise by USD 118.0 million by 2029, according to the latest market study results. It is anticipated to expand at a CAGR of 10.5 percent during the forecast period. Sri Lanka’s confectionery market is expanding, supported by rising disposable incomes and increasing consumer preference for packaged Read More
The cooking and edible oils market in Sri Lanka is likely to register a CAGR of over 3.4% with an incremental growth of USD 72.9 million during the forecast period 2024-2029. The Sri Lanka cooking and edible oils market is largely driven by the country’s growing population and rising urbanization, which are boosting demand for Read More
The deodorants market in Sri Lanka, in terms of revenue, is anticipated to progress at a CAGR of 7.6% during the forecast period, 2024-2029. The Sri Lanka deodorants market is primarily driven by increasing urbanization and rising consumer awareness of personal hygiene. As more individuals move to urban areas, there is a growing emphasis Read More