The complex multiphase flow physics of spray-swirl interaction in both reacting and non-reacting environment is of fundamental and applied significance for a wide variety of applications ranging from gas turbine combustors to pharmaceutical drug nebulizers. Understanding the intricate dynamics between this two phase flow field is pivotal for enhancing mixing characteristics, reducing pollutant emissions and increasing the combustion efficiency in next generation combustors. The present work experimentally investigates the near and far-field break-up, dispersion and coalescence characteristics of a hollow cone spray in an unconfined, co¬annular isothermal swirling air jet environment. The experiments were conducted using an axial-flow hollow cone spray nozzle having a 0.5 mm orifice. Nozzle injection pressure (PN = 1 bar) corresponding to a Reynolds number at nozzle exit ReN = 7900 used as the test setting. At this setting, the operating Reynolds number of the co-annular swirling air stream number (Res) was varied in four distinct steps, i.e. Res = 1600, 3200, 4800 and 5600. Swirl was imparted to the co¬axial flow using a guided vane swirler with blade angle of Ф=45° (corresponding geometric swirl number SG = 0.8). Two types of laser diagnostic techniques were utilized: Particle / Droplet imaging analysis (PDIA) and shadowgraph to study the underlying physical mechanisms involved in the primary breakup, dispersion and coalescence dynamics of the spray. Measurements were made in the spray in both axial and radial directions and they indicate that Sauter Mean Diameter (SMD) in radial direction is highly reliant on the intensity of swirl imparted to the spray. The spray is subdivided into two zones as function of swirl in axial and radial direction: (1) near field of the nozzle (ligament regime) where variation in SMD arises predominantly due to primary breakup of liquid films (2) far-field of the nozzle where dispersion and collision induced coalescence of droplets is dominant. Each regime has been analyzed meticulously, by computing probability of primary break-up, probability of coalescence and spatio-temporal distribution of droplets which gives probabilistic estimate of aforementioned governing phenomena. In addition to this, spray global length scale parameters such as spray cone angle, break-up length, wavelength of liquid film has been characterized by varying Res while maintaining constant ReN.