Zimbabwe were all out for 100 as Sri Lankan spinner Ajnatha Mendis returned record figures of six for eight in his four overs.
"It is a tough pill to swallow. We are a far better side than what we showed today. Credit goes to Sri Lanka. They showed why they are one of the favourites to win the tournament. We got to bounce back," Taylor said at the post match presentation ceremony.
Taylor exuded confidence of a comeback in following matches.
"We have played enough cricket to go back from today, rethink, have a good look, start training and come back a better side," he said.
Mendis, who played for national team after a long time, said he would try to carry forward the good form in upcoming matches.
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"I am really happy today. Playing cricket after nine months, I am really happy today with my performance, and I will do my best in the coming matches," he said.
Sri Lanka captain Mahela Jayawardene they did not take Zimbabwe lightly.
"It's tough paying a team like Zimbabwe. You can't take anything for granted. We had to make sure we played to our potential. I am happy that we executed a good game plan," he said.
"It's a pretty good wicket, just needed to get used to it a little bit. Our guys batted really well, and the bowlers then did a super job. Quite happy with the effort by the boys," Jayawardene said.