Lamps & Lighting - Netherlands | Statista Market Forecast

In the Netherlands, the revenue generated in the Lamps & Lighting market is projected to reach US$1.24bn in 2024.
It is anticipated that the market will experience an annual growth rate of 0.87% (CAGR 2024-2029).
When compared globally, United States leads in revenue generation, with US$32bn in 2024.
In terms of per capita figures, in the Netherlands generates US$69.95 in revenue per person in 2024.
The Netherlands is a leading market for sustainable and energy-efficient lighting solutions, with a strong focus on innovative design.

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.

Chandeliers, wall, and ceiling lights
Standing lamps
Decoration lighting such as Christmas tree lighting
Light bulbs and fittings

Candles
Consumer electronics
Household appliances

The Lamps & Lighting market in Netherlands has been experiencing steady growth in recent years. Customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors have all contributed to the development of this market.

Customer preferences: in the Netherlands have shifted towards more energy-efficient and sustainable lighting solutions. Consumers are increasingly aware of the environmental impact of traditional lighting options and are opting for led lights, which are known for their energy efficiency and longer lifespan. This preference for led lighting has been a major driver of growth in the Lamps & Lighting market.

Trends in the market: also reflect the growing demand for energy-efficient lighting solutions. Smart lighting systems, which allow users to control and automate their lighting through mobile devices or voice commands, have gained popularity in the Netherlands. These systems offer convenience, energy savings, and customization options, making them attractive to both residential and commercial customers. The integration of smart lighting with other smart home devices and systems has further fueled the demand for these products.

Local special circumstances: in the Netherlands have also played a role in the development of the Lamps & Lighting market. The country has been at the forefront of sustainability initiatives and has set ambitious targets for reducing energy consumption and greenhouse gas emissions. This has created a favorable environment for the adoption of energy-efficient lighting solutions. Government incentives and subsidies for energy-saving products have further encouraged consumers and businesses to invest in led lighting and other energy-efficient technologies.

Underlying macroeconomic factors: have also contributed to the growth of the Lamps & Lighting market in the Netherlands. The country has a strong economy with high levels of disposable income, which has allowed consumers to invest in home improvement projects, including lighting upgrades. The construction industry has also been a significant driver of demand for lamps and lighting products, as new residential and commercial buildings require lighting fixtures. In conclusion, the Lamps & Lighting market in the Netherlands has experienced growth due to customer preferences for energy-efficient and sustainable lighting solutions, trends in the market such as the adoption of smart lighting systems, local special circumstances that promote sustainability initiatives, and underlying macroeconomic factors such as a strong economy and construction activity. These factors are expected to continue driving the growth of the market in the coming years.

Data coverage:

Data encompasses B2C enterprises. Figures are based on home furnishings and furniture found in every room of the home. This market is categorized by the room where the furniture is likely to be used and consists of the following: Living Room, Bedroom, Kitchen & Dining room, Outdoor, Home Office, and Baby & Children's Furniture. The Furniture market also includes Lamps and Lighting and Home Décor because the furnishings and accessories within these categories are not specific to any room.

Modeling approach / Market size:

Market sizes are determined by a top-down approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use national statistical offices, international institutions, in-house market research, and resources from the Statista platform. Next we use relevant key market indicators and data from country-specific associations such as consumer spending and GDP. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, exponential trend smoothing is well suited for forecasting the Furniture market with a projected steady growth. The main drivers are furniture and furnishings, carpets and other floor coverings, and consumer spending per capita.

Additional Notes:

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

This report presents a comprehensive analysis and additional information on the Consumer market, in a PDF format.

From homeware to office furniture, even expanding over to pet care, the furniture industry is all-encompassing and ever-growing. Be it homes, schools, offices, or even outdoors, furniture is what gives a room its function and purpose.