Market Forecast By Product Type (Still Water, Sparkling Water, Functional Water, Others), By Packaging (PET, Cans, Others), By Distribution Channel (Off-trade, On-trade) And Competitive Landscape
Product Code: ETC9463698 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
According to 6Wresearch internal database and industry insights, the bottled water market in Sri Lanka is projected to grow at a compound annual growth rate (CAGR) of approximately 7.5% during the forecast period (2025-2031).
Report Name | Sri Lanka Bottled Water Market |
Forecast Period | 2025-2031 |
CAGR | 7.5% |
Growing Sector | Hospitality and tourism |
The Sri Lanka Bottled Water Market report thoroughly covers the market by quality, type, product, material, purchasing sources, pack size, and end-user packaging. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high-growth areas, and market drivers to help stakeholders align their strategies with current and future market dynamics.
The Sri Lanka bottled water market is progressing at a steady pace due to rising health consciousness, urbanization, and worries about the quality of tap water. Consumers are progressively prioritizing convenient and reliable hydration solutions, particularly in tourist areas and urban regions. Bottled water is extensively used across offices, households, and hospitality applications. Both domestic and global companies compete through taste preferences, packaging advancements, and availability, fulfilling the growing requirement across foodservice, retail, and institutional channels.
The Sri Lanka Bottled Water Market is anticipated to grow at a CAGR of 10.96% during the forecast period 2025-2031. Key factors driving the Sri Lanka bottled water market include concerns about waterborne diseases, increasing health awareness, and limited access to clean tap water in some areas. Development in hospitality and tourism further fuels demand, with bottled water being a standard service in restaurants and hotels. The growing acceptance of on-the-go lifestyles has contributed to the boost in demand for portable, packaged drinking water. In addition, corporate and institutional adoption of bottled water for employees and guests maintains a consistent Sri Lanka bottled water market growth.
In spite of the intense demand, the industry encounters several challenges that hinder its growth such as the increasing costs of raw materials and environmental issues about plastic waste. Regulatory compliance and licensing procedures can cause difficulties for small-scale bottlers. Strong competition among brands results in pricing pressures, making profitability complex for some companies. Furthermore, consumer awareness about sustainability and substitutes like water purifiers risks long-term development if not addressed by the market.
Major trends include the transition to environmentally friendly packaging, like recycled plastics and biodegradable bottles. Consumers are progressively preferring premium bottled water with added minerals or natural spring sources. Formats emphasizing branding, packaging design, and convenience such as multi-packs and small bottles, are gaining popularity. In addition, e-commerce platforms and direct-to-consumer delivery offerings are evolving as important sales channels, displaying a changing purchasing behavior and a rising focus on convenience and safety in daily usage.
There are significant investment prospects in sustainable packaging technologies, premium bottled water, and regional bottling plants to lower the transportation costs. Diversifying distribution networks, particularly in rural and underdeveloped zones, offers a chance for market entrance. Partnerships with hospitality enterprises and e-commerce platforms can improve brand visibility. Advancements in environmentally friendly solutions and water purification also provide long-term prospects. Investors emphasizing sustainability, health, and efficient logistics are in a strong position to profit from market growth.
Leading players in the Sri Lanka bottled water market include Elephant House, Aquafresh, Mount Spring, and Coca-Cola’s Kinley. These brands dominate through strong distribution networks, consistent quality, and trusted sourcing. They serve a wide range of sectors, including retail, hospitality, and corporate. Competitive advantages come from brand reputation, product variety, and growing efforts toward sustainable packaging and eco-conscious production practices.
According to Sri Lankan government data, bottled water is regulated under strict quality, safety, and labeling standards. The Ministry of Health and the Sri Lanka Standards Institution oversee testing for microbial and chemical safety. Bottlers must obtain licenses and adhere to guidelines regarding source protection, bottling practices, and environmental compliance. Regulations also emphasize waste management and recycling. These measures ensure consumer safety while encouraging responsible production and sustainability across the bottled water industry.
The future of the Sri Lanka bottled water market seems attractive, propelled by rising health consciousness, environmental innovation, and tourism growth. As sustainability becomes a priority for users, brands that invest in efficient manufacturing and green packaging will gain a competitive advantage. Smart distribution tactics and digital sales channels are expected to redefine access and consumer engagement. Consistent focus on branding, product quality, and convenience will influence long-term demand and market evolution.
The report offers a comprehensive study of the following market segments and their leading categories:
According to Adammya, Senior Research Analyst at 6Wresearch, Standard purified bottled water is expected to dominate by quality, as it meets essential safety and taste expectations at an affordable price. It appeals to a broad consumer base, especially in daily hydration, hospitality, and commercial usage.
Still water leads the market by type, as it is preferred for its neutrality, affordability, and wide usage across all age groups and settings. It is considered a basic necessity in households, workplaces, and public institutions.
Packaged drinking water dominates by product type. It is widely accepted for everyday use, catering to hydration needs at home, work, and in transit. It is available in various pack sizes and commonly found in convenience stores, supermarkets, and hospitality venues.
Plastic bottles (PET) dominate the market by packaging material due to their lightweight, cost-effectiveness, and easy distribution. PET packaging is the preferred choice across all consumer segments and is widely used for its convenience.
Retail outlets dominate as the primary purchasing resource for bottled water, including supermarkets, grocery stores, and roadside vendors. These outlets ensure high visibility and convenience for consumers making routine purchases.
Small-sized bottles (500ml to 1L) dominate the market by pack size due to their portability and suitability for single-use consumption. These bottles are ideal for on-the-go hydration, travel, and inclusion in hospitality service offerings.
Individual consumer packaging leads the market by end-user packaging, as most bottled water is purchased for personal or family consumption. These are typically available in small bottles or multi-packs, tailored for retail and quick consumption.
The Market report covers a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Sri Lanka Bottled Water Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Bottled Water Market Revenues & Volume, 2021 & 2031F |
3.3 Sri Lanka Bottled Water Market - Industry Life Cycle |
3.4 Sri Lanka Bottled Water Market - Porter's Five Forces |
3.5 Sri Lanka Bottled Water Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Sri Lanka Bottled Water Market Revenues & Volume Share, By Packaging, 2021 & 2031F |
3.7 Sri Lanka Bottled Water Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Sri Lanka Bottled Water Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Sri Lanka Bottled Water Market Trends |
6 Sri Lanka Bottled Water Market, By Types |
6.1 Sri Lanka Bottled Water Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Bottled Water Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Sri Lanka Bottled Water Market Revenues & Volume, By Still Water, 2021- 2031F |
6.1.4 Sri Lanka Bottled Water Market Revenues & Volume, By Sparkling Water, 2021- 2031F |
6.1.5 Sri Lanka Bottled Water Market Revenues & Volume, By Functional Water, 2021- 2031F |
6.1.6 Sri Lanka Bottled Water Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Sri Lanka Bottled Water Market, By Packaging |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Bottled Water Market Revenues & Volume, By PET, 2021- 2031F |
6.2.3 Sri Lanka Bottled Water Market Revenues & Volume, By Cans, 2021- 2031F |
6.2.4 Sri Lanka Bottled Water Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Sri Lanka Bottled Water Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Sri Lanka Bottled Water Market Revenues & Volume, By Off-trade, 2021- 2031F |
6.3.3 Sri Lanka Bottled Water Market Revenues & Volume, By On-trade, 2021- 2031F |
7 Sri Lanka Bottled Water Market Import-Export Trade Statistics |
7.1 Sri Lanka Bottled Water Market Export to Major Countries |
7.2 Sri Lanka Bottled Water Market Imports from Major Countries |
8 Sri Lanka Bottled Water Market Key Performance Indicators |
9 Sri Lanka Bottled Water Market - Opportunity Assessment |
9.1 Sri Lanka Bottled Water Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Sri Lanka Bottled Water Market Opportunity Assessment, By Packaging, 2021 & 2031F |
9.3 Sri Lanka Bottled Water Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Sri Lanka Bottled Water Market - Competitive Landscape |
10.1 Sri Lanka Bottled Water Market Revenue Share, By Companies, 2024 |
10.2 Sri Lanka Bottled Water Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |