The revenue in the 'Lamps & Lighting' segment of the furniture market in the United States was forecast to continuously increase between 2024 and 2029 by in total 6.8 billion U.S. dollars (+21.28 percent). After the tenth consecutive increasing year, the indicator is estimated to reach 38.71 billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the 'Lamps & Lighting' segment of the furniture market was continuously increasing over the past years.
Data provided by Statista Market Insights are estimates.
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.
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Statista. (April 24, 2024). Annual revenue of lamps and lighting in the United States from 2019 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/forecasts/1453127/annual-revenue-of-lamps-and-lighting-in-the-us
Statista. "Annual revenue of lamps and lighting in the United States from 2019 to 2029 (in billion U.S. dollars)." Chart. April 24, 2024. Statista. Accessed November 18, 2024. https://www.statista.com/forecasts/1453127/annual-revenue-of-lamps-and-lighting-in-the-us
Statista. (2024). Annual revenue of lamps and lighting in the United States from 2019 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/forecasts/1453127/annual-revenue-of-lamps-and-lighting-in-the-us
Statista. "Annual Revenue of Lamps and Lighting in The United States from 2019 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 24 Apr 2024, https://www.statista.com/forecasts/1453127/annual-revenue-of-lamps-and-lighting-in-the-us
Statista, Annual revenue of lamps and lighting in the United States from 2019 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1453127/annual-revenue-of-lamps-and-lighting-in-the-us (last visited November 18, 2024)
Annual revenue of lamps and lighting in the United States from 2019 to 2029 (in billion U.S. dollars) [Graph], Statista, April 24, 2024. [Online]. Available: https://www.statista.com/forecasts/1453127/annual-revenue-of-lamps-and-lighting-in-the-us
