Lamps & Lighting - LATAM
LATAM- Revenue in the Lamps & Lighting market amounts to US$4.28bn in 2024. The market is expected to grow annually by 3.00% (CAGR 2024-2029).
- In global comparison, most revenue is generated United States (US$32bn in 2024).
- In relation to total population figures, per person revenues of US$6.72 are generated in 2024.
- Key regions:
- Brazil,
- China,
- Denmark,
- United Kingdom,
- Worldwide
Definition:
The Lamps & Lighting segment covers different types of lamps and lights found inside buildings to provide light to carry out activities. This segment includes table and floor lamps, chandeliers, ceiling lights as well as other lamps and light fittings commonly found indoors. Candles, consumer electronics, and household appliances are not included in this segment.
Structure:
The Lamps & Lighting segment is divided into three subsegments:
- The Table & Floor Lamps subsegment covers lighting fixtures designed to provide task or ambient lighting to indoor spaces. These lamps typically consist of a base, a stem, and a lampshade and contribute to the overall decor of a room while providing functional lighting.
- The Ceiling Lights & Chandeliers subsegment refers to lighting fixtures that are mounted on ceilings to provide ambient lighting. These fixtures range from simple to elaborate lighting fixtures and are available in a variety of styles, sizes, and materials to suit different interior design tastes.
- The Light Bulbs and Fittings subsegment includes products such as light bulbs, sockets, and other accessories used to provide and control lighting in indoor spaces.
Additional Information:
The Lamps & Lighting segment consists of revenue and average revenue per capita data. Per capita figures consider the whole population. This segment includes only business to consumer (B2C) sales. Business to business (B2B) sales (e. g., furniture for coffee shops, offices, etc.) are excluded in the figures shown. For more information on the displayed data, click the info button on the right-hand side of each box. In terms of key players in the furniture market, IKEA is the leading furniture company; however, with the rise of eCommerce, players such as Wayfair are gaining ground.
In-Scope
- Chandeliers, wall, and ceiling lights
- Standing lamps
- Decoration lighting such as Christmas tree lighting
- Light bulbs and fittings
Out-Of-Scope
- Candles
- Consumer electronics
- Household appliances
