Electronics market in Sri Lanka
The Sri Lankan Electronics eCommerce market is predicted to reach US$449.9 million by 2023 and accounts for 24.0% of the total 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 2023-2027) will be 4.1%, resulting in a projected market volume of US$528.0 million by 2027. Within the Electronics market ECDB considers the following two sub-markets: Consumer Electronics and Electrical Appliances.
Market development
eCommerce revenue development in the Monitors market in Sri Lanka
The Sri Lankan Monitors eCommerce market is predicted to reach US$9.8 million by 2023 and accounts for 17.1% of the Computing 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 2023-2027) will be 8.4%, resulting in a projected market volume of US$13.5 million by 2027. The Monitors eCommerce market is a sub-market of the Computing market. Further categories within the Computing market are: Desktop PCs, Notebooks & Laptops, Other Computing, and Tablets.
eCommerce revenue development in the Monitors market in Sri Lanka
Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.
Source: ECDB analysis
eCommerce revenue growth in the Monitors market in Sri Lanka
Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.
Source: ECDB analysis
Net eCommerce revenue split by sub-category
Note: Data shown is using current exchange rates.
Source: ECDB analysis
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 75.1 | 48.0 | 94.4 | 81.7 | 46.2 | 66.8 | 2.8 | 74.2 |
AOV (in US$) | 0.5 | 0.8 | 0.3 | 0.2 | 0.9 | 0.2 | 0.4 | 0.2 |
CVR (in %) | 84.9 | 7.6 | 75.4 | 41.6 | 82.3 | 71.3 | 37.4 | 0.4 |
Market definition
Definition of the Monitors market within the Electronics market
Market definition: Electronics > Consumer Electronics > Computing > Monitors The category Monitors includes the online trade of computer monitors (e.g. ultra-wide monitors, curved monitors, touchscreen monitors) and portable monitors. This category does not cover medical and healthcare monitors, projectors or monitor accessories (e.g. monitor stands and mounts). All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Computer monitors (e.g. ultra-wide monitors, curved monitors, touchscreen monitors)
- Portable monitors
Out-of-scope
- Medical and healthcare monitors
- Projectors
- Monitor accessories (e.g. monitor stands and mounts)
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