Sri Lanka Tea Market 2024

Description

The Sri Lanka tea sector is poised for a dynamic growth phase, anticipating an increase of USD 65.6 million and a compound annual growth rate (CAGR) of approximately 5.3% from 2024 to 2029. Sri Lanka’s tea market is dominated by its robust domestic tea production and global reputation for high-quality Ceylon tea. Rising international demand for organic and specialty teas is spurring exports, while a burgeoning tea tourism industry attracts global interest.

This report provides a thorough assessment of the Sri Lanka tea industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like product type, packaging and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the tea industry.

Market Segmentation

The Sri Lanka tea market is categorized into the following segments:
Product type: black tea, others
Packaging: flexible packaging, paper containers, others (glass, metal, etc.)
Distribution channel: supermarkets and hypermarkets, grocery stores, foodservice channels, others

The tea market in Sri Lanka is segmented based on product type, packaging and distribution channel. The market is classified by product type into black tea, and others. Packaging segmentation includes flexible packaging, paper containers, and others (glass, metal, etc.). Distribution channel segmentation includes supermarkets and hypermarkets, grocery stores, foodservice channels, and others.

Competitive Landscape

The tea market is dominated by key players, including Sunshine Holdings PLC, Lipton Teas and Infusions and MJF Holdings Limited. This comprehensive report analyzes the performance of leading companies in the tea sector from 2019 to 2023. The findings highlight shifts in market share, revealing both established market leaders and emerging competitors.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Sri Lanka tea market.
Gain in-depth analysis and forecasts for the key segments of the Sri Lanka tea market: product 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 tea market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Sri Lanka tea market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.

Table of Contents

TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Sri Lanka Tea Market – Product Type Analysis
Sri Lanka Tea Market – Packaging Analysis
Sri Lanka Tea Market – Distribution Channel Analysis
Key Players and Market Share
– Sunshine Holdings PLC
– Lipton Teas and Infusions
– MJF Holdings Limited
Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table Sri Lanka Tea Market 2019-2029
Chart Sri Lanka Tea Market, Net Growth, 2019-2029
Chart Sri Lanka Tea Market, Growth Rates, 2019-2029
Table Sri Lanka Tea Market by Product Type, 2019-2029
Chart Sri Lanka Tea Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Sri Lanka Tea Market by Product Type, 2019-2029
Table Sri Lanka Tea Market by Packaging, 2019-2029
Chart Sri Lanka Tea Market by Packaging, CAGR Historic and Forecast, 2019-2029
Chart Sri Lanka Tea Market by Packaging, 2019-2029
Table Sri Lanka Tea Market by Distribution Channel, 2019-2029
Chart Sri Lanka Tea Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Sri Lanka Tea Market by Distribution Channel, 2019-2029
Table Sri Lanka Tea Market Share (%), by Companies, 2019-2023
Chart Sri Lanka Tea Market, by Companies, 2023
Table Sri Lanka Tea Market Share (%), by Brands, 2019-2023
Chart Sri Lanka Tea Market, by Brands, 2023
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 Tea Market: Spend as a Proportion of GDP (%)
Table Sri Lanka Tea Market: Consumption per Capita (Population)

Companies Mentioned

Sunshine Holdings PLC
Lipton Teas and Infusions
MJF Holdings Limited