| Product Code: ETC9481743 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Sri Lanka import trend for the waffles market saw significant growth from 2023 to 2024, with a growth rate of 380.0%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 389.9%. This surge can be attributed to increasing consumer demand for diverse breakfast options and the expanding foodservice sector in the country.

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 Waffles Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Waffles Market Revenues & Volume, 2022 & 2032F |
3.3 Sri Lanka Waffles Market - Industry Life Cycle |
3.4 Sri Lanka Waffles Market - Porter's Five Forces |
3.5 Sri Lanka Waffles Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Sri Lanka Waffles Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Sri Lanka Waffles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Sri Lanka |
4.2.2 Growing trend of snacking and convenience foods |
4.2.3 Rising popularity of international cuisines and food trends in Sri Lanka |
4.3 Market Restraints |
4.3.1 Limited awareness and penetration of waffles in Sri Lanka |
4.3.2 Competition from traditional Sri Lankan snacks and desserts |
4.3.3 High cost of imported waffle-making equipment and ingredients |
5 Sri Lanka Waffles Market Trends |
6 Sri Lanka Waffles Market, By Types |
6.1 Sri Lanka Waffles Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Waffles Market Revenues & Volume, By Type, 2022-2032F |
6.1.3 Sri Lanka Waffles Market Revenues & Volume, By Traditional Waffle (Homestyle Waffle), 2022-2032F |
6.1.4 Sri Lanka Waffles Market Revenues & Volume, By Flavored Waffle, 2022-2032F |
6.2 Sri Lanka Waffles Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Waffles Market Revenues & Volume, By Supermarkets and Hypermarkets, 2022-2032F |
6.2.3 Sri Lanka Waffles Market Revenues & Volume, By Convenience Stores, 2022-2032F |
6.2.4 Sri Lanka Waffles Market Revenues & Volume, By Specialist Retailers, 2022-2032F |
6.2.5 Sri Lanka Waffles Market Revenues & Volume, By Online Retailers, 2022-2032F |
7 Sri Lanka Waffles Market Import-Export Trade Statistics |
7.1 Sri Lanka Waffles Market Export to Major Countries |
7.2 Sri Lanka Waffles Market Imports from Major Countries |
8 Sri Lanka Waffles Market Key Performance Indicators |
8.1 Number of waffle outlets opening in Sri Lanka |
8.2 Percentage increase in waffle consumption at cafes and restaurants |
8.3 Growth in online searches for waffle recipes and waffle makers in Sri Lanka. |
9 Sri Lanka Waffles Market - Opportunity Assessment |
9.1 Sri Lanka Waffles Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Sri Lanka Waffles Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Sri Lanka Waffles Market - Competitive Landscape |
10.1 Sri Lanka Waffles Market Revenue Share, By Companies, 2025 |
10.2 Sri Lanka Waffles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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