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Lamps & Lighting - Uganda

Uganda
  • In Uganda, the revenue generated in the Lamps & Lighting market in 2024 amounts to US$8.81m.
  • It is projected to experience an annual growth rate of 1.96% (CAGR 2024-2029).
  • Comparing globally, United States generates the highest revenue in this segment, with US$32bn in 2024.
  • When considering the total population, each person generates revenues of US$0.18 in 2024.
  • The demand for solar-powered lamps in Uganda is on the rise due to the country's abundant sunlight and the need for reliable and affordable lighting solutions.

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
Lamps & Lighting: market data & analysis - Cover

Market Insights report

Lamps & Lighting: market data & analysis

Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Nov 2024

    Source: Statista Market Insights

    Most recent update: Jul 2024

    Source: Statista Market Insights

    Most recent update: Nov 2024

    Source: Statista Market Insights

    Key Players

    Most recent update: Mar 2024

    Source: Statista Company Insights

    Sales Channels

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Global Comparison

    Most recent update: Nov 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Lamps & Lighting market in Uganda has been experiencing steady growth in recent years. Customer preferences have shifted towards more energy-efficient and environmentally friendly lighting options. LED lighting has become increasingly popular due to its long lifespan and low energy consumption. Additionally, there has been a growing demand for decorative lighting fixtures to enhance the aesthetic appeal of homes and commercial spaces.

    Customer preferences:
    Ugandan customers are increasingly opting for energy-efficient lighting solutions. This can be attributed to rising electricity costs and a growing awareness of the environmental impact of traditional lighting options. LED lighting has emerged as a popular choice due to its energy-saving capabilities and long lifespan. Customers are also looking for lighting fixtures that provide a warm and inviting ambiance, leading to an increased demand for decorative lighting options.

    Trends in the market:
    One of the key trends in the Lamps & Lighting market in Uganda is the growing popularity of LED lighting. LED lights are known for their energy efficiency, durability, and versatility. They consume significantly less energy compared to traditional incandescent bulbs, making them a cost-effective option for consumers. LED lights also have a longer lifespan, reducing the need for frequent replacements. This trend is expected to continue as customers become more conscious of their energy consumption and seek sustainable lighting solutions. Another trend in the market is the demand for decorative lighting fixtures. Customers in Uganda are increasingly looking for lighting options that not only provide illumination but also enhance the aesthetic appeal of their homes and commercial spaces. This has led to a rise in the availability of decorative lighting fixtures such as chandeliers, pendant lights, and wall sconces. These fixtures come in a variety of designs and styles, allowing customers to personalize their lighting choices and create unique atmospheres in their spaces.

    Local special circumstances:
    Uganda's growing population and urbanization have contributed to the demand for lamps and lighting in the country. As more people move to cities and towns, there is a need for lighting solutions in residential, commercial, and public spaces. Additionally, the government's focus on infrastructure development has led to an increased demand for lighting in roadways, public buildings, and other infrastructure projects. These factors have created a favorable market environment for the Lamps & Lighting industry in Uganda.

    Underlying macroeconomic factors:
    Uganda's economic growth and increasing disposable income have played a significant role in the development of the Lamps & Lighting market. As the economy continues to expand, more consumers have the means to invest in lighting products for their homes and businesses. Additionally, the government's efforts to improve access to electricity in rural areas have created new opportunities for the lighting industry. With a larger customer base and a growing economy, the Lamps & Lighting market in Uganda is expected to continue its upward trajectory.

    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 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.

    Consumer

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    Lamps & Lighting: market data & analysis - BackgroundLamps & Lighting: market data & analysis - Cover

    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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