Lamps & Lighting - Western Africa

In Western Africa, the revenue generated in the Lamps & Lighting market in 2024 amounts to US$531.10m.
It is projected that the market will experience an annual growth rate of 1.78% (CAGR 2024-2029).
When compared globally, United States generates the highest revenue in this segment, with US$32bn in 2024.
Taking into account the total population, per person revenues of US$1.28 are generated in 2024.
In Western Africa, there is a growing demand for solar-powered lamps and lighting solutions due to frequent power outages.

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 Western Africa has been experiencing steady growth in recent years. Customer preferences, along with local special circumstances and underlying macroeconomic factors, have contributed to the development of this market.

Customer preferences: in Western Africa have been shifting towards more energy-efficient lighting options. With a growing awareness of the environmental impact of traditional lighting sources, consumers are increasingly opting for led lights and other energy-saving solutions. This trend is in line with global efforts to reduce energy consumption and combat climate change. Additionally, customers in Western Africa are also looking for lighting solutions that are affordable and durable, as well as aesthetically pleasing. One of the key trends in the Lamps & Lighting market in Western Africa is the increasing demand for solar-powered lighting solutions. This trend is driven by the region's abundant sunlight and the need for reliable and affordable lighting in areas with limited access to electricity. solar-powered lights are not only environmentally friendly but also provide a cost-effective alternative to traditional lighting sources. This trend is expected to continue as governments and international organizations promote renewable energy solutions in the region. Another trend in the market is the growing popularity of smart lighting systems. These systems allow users to control the lighting in their homes or offices remotely, adjust brightness levels, and even change the color of the lights. This trend is driven by the increasing adoption of smart home technology and the desire for convenience and customization. Smart lighting systems are also seen as a way to enhance security and improve energy efficiency. In addition to customer preferences, there are also

Local special circumstances: that have contributed to the development of the Lamps & Lighting market in Western Africa. For example, rapid urbanization in the region has led to an increased demand for lighting solutions in residential and commercial buildings. This has created opportunities for both local and international lighting manufacturers and suppliers.

Underlying macroeconomic factors: have also played a role in the growth of the market. Economic growth in Western Africa has led to an increase in disposable income, allowing consumers to spend more on home improvement and lighting products. Additionally, government initiatives and policies aimed at promoting sustainable development and energy efficiency have also provided a favorable environment for the growth of the Lamps & Lighting market. Overall, the Lamps & Lighting market in Western Africa is developing due to customer preferences for energy-efficient and affordable lighting solutions, the increasing demand for solar-powered and smart lighting systems, local special circumstances such as rapid urbanization, and underlying macroeconomic factors such as 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.