Lamps & Lighting - Tunisia | Statista Market Forecast

In Tunisia, the revenue generated in the Lamps & Lighting market in 2024 amounts to US$67.35m.
It is projected to have an annual growth rate of 0.96% (CAGR 2024-2029).
When compared globally, United States generates the highest revenue in this segment, with US$32bn in 2024.
In terms of per person revenues, in Tunisia generates US$5.36 in 2024.
Tunisia's growing interest in sustainable and energy-efficient lighting solutions is driving the demand for eco-friendly lamps in the market.

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 Tunisia has been experiencing steady growth in recent years. Customer preferences have shifted towards more energy-efficient and sustainable lighting solutions. Additionally, the market has been influenced by local special circumstances and underlying macroeconomic factors.

Customer preferences: in the Lamps & Lighting market in Tunisia have been driven by the increasing demand for energy-efficient and sustainable lighting solutions. Consumers are becoming more aware of the environmental impact of traditional lighting options and are seeking alternatives that consume less energy and have a longer lifespan. This shift in preferences has led to an increased demand for led and other energy-efficient lighting products. Trends in the market reflect the growing popularity of led lighting in Tunisia. led technology offers several advantages over traditional lighting options, including lower energy consumption, longer lifespan, and reduced maintenance costs. As a result, led lighting has gained traction in residential, commercial, and industrial sectors. The government has also played a role in promoting the adoption of led lighting by implementing energy efficiency regulations and offering incentives for energy-efficient lighting installations.

Local special circumstances: have also contributed to the development of the Lamps & Lighting market in Tunisia. The country has a growing population and an expanding middle class, which has led to an increase in construction activities and infrastructure development. This has created a demand for lighting products in residential, commercial, and public spaces. Additionally, Tunisia has a strong tourism industry, and the hospitality sector requires quality lighting solutions to enhance the guest experience.

Underlying macroeconomic factors: have also influenced the Lamps & Lighting market in Tunisia. The country has been experiencing stable economic growth, which has led to increased consumer spending power. As a result, consumers are more willing to invest in high-quality lighting products and are upgrading their lighting systems. Furthermore, the government has been focusing on infrastructure development and urbanization, which has created opportunities for lighting companies to supply products for new construction projects. In conclusion, the Lamps & Lighting market in Tunisia is developing due to customer preferences for energy-efficient and sustainable lighting solutions, the growing popularity of led lighting, local special circumstances such as population growth and infrastructure development, and underlying macroeconomic factors such as stable economic growth and government initiatives.

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.