Electronics market in Sri Lanka

Market development

eCommerce revenue development in the Headphones market in Sri Lanka

The Sri Lankan Headphones eCommerce market is predicted to reach US$8.2 million by 2024 and accounts for 34.8% of the Audio eCommerce market in Sri Lanka. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 3.5%, resulting in a projected market volume of US$9.4 million by 2028. The Headphones eCommerce market is a sub-market of the Audio market. Further categories within the Audio market are: Hifi Equipment, Loudspeakers, and Other Audio.

eCommerce revenue development in the Headphones market in Sri Lanka

in million US$

eCommerce revenue growth in the Headphones market in Sri Lanka

in %
20202021202220232024202520262027
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)60.467.725.620.286.443.071.786.0

Online share

eCommerce online share of the total Headphones market in Sri Lanka

The online share refers to the proportion of the retail volume that is transacted via the Internet. It includes purchases via desktop PC, tablet or smartphone, both via website or app. Only retail of physical goods is taken into account. In the Sri Lankan Headphones retail market, the online share is 34.6% and will increase by an average of 7.1% to 45.5% by 2028.

eCommerce online share of the total Headphones market in Sri Lanka

in %
20202021202220232024202520262027
Online share (in %)54.3%9.0%86.5%77.0%97.9%32.3%11.0%58.0%

Market definition

Definition of the Headphones market within the Electronics market

Market definition: Electronics > Consumer Electronics > Audio > Headphones The category Headphones includes the online trade of over-ear headphones, on-ear headphones, in-ear headphones (earbuds), and more. This category does not cover loudspeakers and hearing protection. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Over-ear headphones
  • On-ear headphones
  • In-ear headphones (earbuds)
  • Wireless bluetooth headphones
  • Noise-canceling headphones
  • Gaming headsets
  • Studio and professional headphones

Out-of-scope

  • Loudspeakers
  • Hearing protection