Sri Lanka

Consumer income is predicted to double by 2040, as Sri Lanka is gradually transitioning towards a more urbanised economy built around the manufacturing and services sectors, underpinned by economic reforms. Over 2021-2040, the middle class is…

Despite having low pollution and high water security, Sri Lanka ranks in the middle of Global sustainability ranking due to its poor environmental protection, low climate resilience and poorly-developed energy sector. Moreover, the South Asian…

Sri Lanka has a strong snacking culture and this has been boosted by the outbreak of COVID-19 with consumers forced to spend more time at home during 2020/2021. Despite rising health concerns many people continue to indulge their children with…

The briefing examines how Pharmaceuticals and Medical Equipment industry performs globally and in the largest countries in terms of pharmaceuticals and medical equipment output. The report also provides data for production, market size, imports,…

The number of Sri Lankan households is projected to expand moderately over 2021-2040, while the average household size is set to shrink gradually. Sri Lanka is set to remain one of the least urbanised countries globally, as cities remain…

Political instability hampers economic freedom in Sri Lanka, which continues to be negatively affected by the legacy civil war. Economic recovery is anticipated to be slow, most notably affected by the contraction in tourism as a result of the…

Small appliance categories saw varying performances in Asia Pacific in 2020 due to Coronavirus (COVID-19). Air treatment products saw a steep decline, for example, but vacuum cleaners recorded a much-improved performance. The former was hit by retail…

In 2020, Sri Lanka’s economy contracted amid the COVID-19 pandemic. International trade was disrupted, due to import restrictions and weak external demand. The recovery of the tourism and textile sectors is projected to drive economic growth over the…

Major appliances recorded declining sales in Asia Pacific in 2020 as a result of Coronavirus (COVID-19) and the measures taken to contain its spread. However, some products were still seeing positive growth rates, with dishwashers, automatic dryers…

Sri Lanka ranked low on key business environment indicators in 2020, given a heavy tax burden, burdensome bureaucracy, widespread corruption and skills shortages. Limited access to credit information and high lending rates hinder businesses’ access…

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,…

The global urban consumer landscape is increasingly complex and difficult to navigate. Which cities should you choose for your consumer business expansion? To answer this and other questions, we are introducing the Euromonitor International Cities…

Driven by China and India, Asia’s developing economies saw healthy rates of growth in 2019. 2020’s economic prospects are less favourable however, due to the spread of the Coronavirus (COVID-19) pandemic and its impact on domestic and external demand…

Sri Lanka had a swift response to the global pandemic, with the Civil Aviation Authority of Sri Lanka imposing a ban on all passenger arrivals into the country from 18 March. The government also temporarily suspended the issuance of all types of…

This report analyses the market for alcoholic drinks in Sri Lanka. For the purposes of the study, the market has been defined as follows:

This report analyses the market for tobacco in Sri Lanka. For the purposes of the study, the market has been defined as follows:

This report analyses the market for beauty and personal care in Sri Lanka. For the purposes of the study, the market has been defined as follows:

In 2019, Asia Pacific was the largest producer of pharmaceuticals and medical equipment, with a turnover value of USD770.5 billion. On account of the COVID-19 pandemic, short-term revenue contraction is set to occur. Yet, production is anticipated to…

The Sri Lankan economy is expected to normalise gradually. Support comes from growth in tourism, robust growth in private final consumption, growth in services and a sustained recovery in agriculture and industry led by construction. Exports growth,…

This report analyses the market for tissue and hygiene in Sri Lanka. For the purposes of the study, the market has been defined as follows: