Exploring Online Shoppers and eCommerce Websites in Sri Lanka

Published by Xiteb Staff Member on May 10, 2023May 10, 2023

The Digital Revolution: E-commerce’s Flourishing Landscape in Sri Lanka

In recent times, Sri Lanka has witnessed a remarkable emergence of e-commerce. The country has experienced a substantial surge in its online shopper base, accompanied by a growing number of businesses venturing into the digital realm to market their products and services. This surge in e-commerce activity can be attributed to various factors, including the expanding reach of the internet, the proliferation of mobile devices, and the irresistible allure of convenience associated with online shopping. In this article, we will delve deeper into this transformative shift and explore the dynamics that are reshaping the e-commerce landscape in Sri Lanka.

The Crucial Role of Online Selling Platforms and Marketplaces in Fostering Sri Lanka’s E-commerce Sector

Sri Lanka’s burgeoning e-commerce industry owes much of its growth to the pivotal role played by online selling platforms and marketplaces. A key catalyst behind this development is the country’s internet penetration rate, currently at 47%, which has significantly contributed to the evolution of e-commerce in Sri Lanka.

Leading E-commerce Players in Sri Lanka: SINGER Sri Lanka, Takas, Keells Super, Glomark, Cargills Online, Arpico Supercentre, Kapruka, Bigdeals, Buy Abans, Wishque

In line with a report by the International Trade Center, Sri Lanka’s e-commerce sector is poised for substantial growth over the coming three years, with an estimated annual growth rate of 15% expected from 2020 to 2025. The report underscores the transformative impact of the pandemic, which has accelerated the shift towards online shopping in Sri Lanka, with a growing number of individuals now favoring the convenience of digital commerce.

Presenting the Top 10 E-commerce Websites in Sri Lanka, in No Particular Order:

1. Singersl.com – Singersl, also known as Singer Sri Lanka, is the pioneers and leading retail company in Sri Lanka that specializes in the sale of home appliances, consumer electronics, furniture, and other household items. The company was founded in 1877 as a sewing machine company.
2. Daraz.lk – One of the most popular e-commerce sites in Sri Lanka, Daraz offers a wide range of products from electronics to clothing, accessories, and household items.
3. MyShop.lk – MyShop is another popular e-commerce site that offers a variety of products ranging from electronics, fashion, beauty, and health products, and home appliances.
4. Wasi.lk – Wasi.lk is an online store that sells a range of products including electronics, fashion, home and living, sports, and outdoor equipment.
5. Kapruka.com – Kapruka.com is an online gift and delivery service that offers a wide range of products such as flowers, gifts, cakes, groceries, and more.
6. Takas.lk – Takas is an online shopping platform that offers a wide range of products including electronics, fashion, home appliances, and more.
7. Clicknshop.lk – Clicknshop is an online shopping site that offers a range of products such as electronics, fashion, and beauty products, home appliances, and groceries.
8. Retailgenius.com – Retailgenius is an online store that offers a variety of products including electronics, fashion, beauty, home and living, and more.
9. Wow.lk – Wow.lk is an online store that offers a wide range of products from electronics, fashion, and beauty products, to home appliances, and more.
10. Goto.com.lk – Goto is an online shopping platform that offers a wide range of products including electronics, fashion, beauty products, home appliances, and more.

All in all, although e-commerce is currently in its nascent phase in Sri Lanka, it is poised for sustained growth and is destined to assume a progressively pivotal role in the nation’s economy.