Lamps & Lighting - Poland

Poland

In Poland, the revenue generated in the Lamps & Lighting market amounts to US$722.20m in 2024.
It is projected that the market will experience an annual growth rate of 1.26% (CAGR 2024-2029).
When compared globally, in the United States generates the highest revenue in this segment, with an estimated amount of US$31,960m in 2024.
In terms of per person revenues, in Poland, each individual generates 0.00 in 2024.
"Poland's growing interest in energy-efficient lighting solutions has led to an increase in demand for LED lamps."

Key regions: Brazil, China, Denmark, United Kingdom, Worldwide

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Analyst Opinion

The Lamps & Lighting market in Poland has experienced significant growth in recent years, driven by changing customer preferences, emerging trends, and local special circumstances.

Customer preferences: in the Lamps & Lighting market in Poland have shifted towards more energy-efficient and sustainable lighting solutions. Consumers are increasingly opting for led lamps and lighting fixtures, which offer significant energy savings and longer lifespan compared to traditional incandescent bulbs. This shift in preference is driven by growing environmental consciousness and the desire to reduce energy consumption and carbon footprint. Additionally, consumers are also looking for innovative and stylish lighting designs that can enhance the aesthetic appeal of their homes or workplaces. Trends in the Lamps & Lighting market in Poland are aligned with global and regional market trends. The market is witnessing a growing demand for smart lighting solutions, which can be controlled and customized through smartphone apps or voice assistants. Smart lighting offers convenience, energy efficiency, and the ability to create personalized lighting environments. This trend is driven by the increasing adoption of smart home technologies and the desire for connected and automated lighting systems. Another trend in the market is the growing popularity of decorative lighting fixtures. Consumers are increasingly using lighting as a design element to create ambiance and enhance the overall look and feel of their living spaces. This trend is fueled by the rise of interior design shows and social media platforms, where consumers are exposed to various lighting ideas and inspiration. As a result, there is a growing demand for unique and eye-catching lighting fixtures that can serve as focal points in a room.

Local special circumstances: in Poland also contribute to the development of the Lamps & Lighting market. The country has been investing in infrastructure development, including the modernization of residential and commercial buildings. This has created opportunities for the installation of new lighting systems and fixtures. Additionally, the government has implemented energy efficiency programs and regulations, which encourage the use of energy-efficient lighting solutions. These initiatives have further boosted the demand for led lamps and lighting fixtures in the market. Underlying macroeconomic factors, such as economic growth and disposable income levels, also play a role in the development of the Lamps & Lighting market in Poland. As the economy grows and consumers have more purchasing power, they are more likely to invest in home improvement projects, including upgrading their lighting systems. Additionally, the increasing urbanization and the development of commercial spaces, such as shopping malls and office buildings, contribute to the demand for lighting solutions. Overall, the Lamps & Lighting market in Poland is experiencing growth due to shifting customer preferences towards energy-efficient and sustainable lighting solutions, emerging trends such as smart lighting and decorative fixtures, local special circumstances including infrastructure development and energy efficiency initiatives, and

Underlying macroeconomic factors: such as economic growth and increasing disposable income levels.

Methodology

Data coverage:

Data encompasses B2C enterprises. Figures are based on home furnishings and furniture found in every room of the home. This market is segmented by the room where the furniture is likely to be used and consists of the following: Living Room, Bedroom, Kitchen and Dining room, Bathroom, Outdoor, and Home Office. The Furniture market also includes Lamps and Lighting and Home Decor because the furnishings and accessories within these segments 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.