Food & Personal Care market in Sri Lanka

The Sri Lankan Food & Personal Care eCommerce market is predicted to reach US$950.2 million by 2023 and accounts for 34.7% 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 18.1%, resulting in a projected market volume of US$1,851.5 million by 2027. Within the Food & Personal Care market ecommerceDB considers the following two sub-markets: Food & Beverages and Personal Care.

Market development

eCommerce revenue development in the Spirits market in Sri Lanka

The Sri Lankan Spirits eCommerce market is predicted to reach US$30.5 million by 2023 and accounts for 67.1% of the Alcoholic Drinks 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 16.4%, resulting in a projected market volume of US$56.1 million by 2027. The Spirits eCommerce market is a sub-market of the Alcoholic Drinks market. Further categories within the Alcoholic Drinks market are: Beer, Cider, Perry & Rice Wine, Other Alcoholic Drinks, and Wine.

eCommerce revenue development in the Spirits market in Sri Lanka

in million US$, in %

Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war

Source: Statista Market Insights, ecommerceDB

2020 2021 2022 2023 2024 2025 2026 2027
Revenue (in mUS$) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Growth (in %) 80.9 87.3 32.0 32.4 73.6 37.7 0.1 75.1
AOV (in US$) 71.5 30.2 45.2 66.8 82.9 13.8 23.1 31.7
CVR (in %) 80.9 87.3 32.0 32.4 73.6 37.7 0.1 75.1
AOV: Average Order Value CVR: Conversion Rate

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