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INDUSTRIES
&
MARKETSLamps
&
Lighting
eCommerce:market
data
&
analysisMarket
InsightsreportJune2024MARKET
INSIGHTSThis
report
is
part
ofour
Market
Insights
productGainabetterunderstandingofmarketsacross190+
geographicalentities
–
onaglobal,
regional,country,
and/orstatelevel.
Accessourdatavia
webinterface,download(XLS,
PDF,PPT),or
reports.Benefitfromour48-hourcustomerservice
guarantee.?
10
sectors:
advertising&media,consumers,countries,digital
sector,finance,health,
industrialsector,mobility,andtechnology?
1,000+
markets,
e.g.,
FinTech,Food,or
Robotics?
KPIs,
e.g.,
revenue,marketshares,prices,andvolume?
Features:Compare
countries®ions,
change
currencies,
selectvisualizations,
and/or
customize
downloads?
Usecases:
sales
planning,
investment
decision
support,resourceallocation,andportfolio
management10sectors190+geographicalentities1,000+markets400+reportsGotoMar
etInsightsFind
out
more
on:https://www.Goto
Market
Insightscom/outlook/2MARKET
INSIGHTSMarket
Insights
–
market
data,forecasts,
and
qualitative
insightsThe
Lamps&Lighting
marketispart
of
the
Furnituremarket.10sectors190+geographicalentities1,000+markets400+reportsGotoFurt
e
mark
etFind
out
more
on:FurnitureGoto
Furniture
market3Table
of
ContentsOverviewAppendixSummary6789Product
OverviewAuthor2425MarketDefinitionKeyTakeawaysMarketScopesMarket
NumbersRevenue111417202122AverageRevenue
per
UserUsersOnline&OfflineSplitMobile/DesktopSplitPenetration
rate4CHAPTER
1OverviewThe
Lamps
&
Lighting
market
is
a
fast
growing
marketOverview:
SummarySummaryThegrowth
oftheLamps&Lighting
eCommerce
market
is
driven
byseveral
keyfactors.
Oneprimary
driver
istheincreasing
consumer
shifttowards
onlineshoppingdueto
itsconvenience,
variety,
and
competitive
pricing.
eCommerceplatformsoffer
detailedproduct
descriptions,
customer
reviews,
andeasy
returnpolicies,
which
help
consumers
feel
more
confident
inmaking
onlinepurchases.Additionally,advancements
ineCommerce
technologies,
suchasaugmentedreality
(AR)and
virtual
reality
(VR),
enablecustomers
tovisualizehow
lampsandlightingfixtureswill
look
and
fitintheirspacesbefore
buying.TheCOVID-19pandemic
hasfurtheraccelerated
thisshift,aslockdowns
andsocial
distancingmeasures
havesignificantlyincreased
onlineshoppingforhome
improvementproducts,including
lightingsolutions.smartphones
or
voice-activated
assistants.
Thistrendis
drivingmanufacturers
toinnovateandoffer
smart
lighting
products
thatenhanceconvenience,
energyefficiency,
andhome
automation.
Anothernotabletrend
isthefocusonsustainabilityand
eco-friendly
lightingoptions.
Consumers
are
becoming
moreenvironmentally
conscious
and
areseeking
energy-efficient
LEDlights
andfixturesmadefrom
sustainablematerials.
Additionally,personalization
oftheshoppingexperience
through
AI-driven
recommendations
based
onconsumerpreferences
and
pastpurchasesisbecoming
more
prevalent.
These
trends,coupled
with
thecontinuousdigitaltransformation
andinnovativemarketingstrategies,
arepropelling
theLamps
&LightingeCommerce
market
forward.Key
trendswithintheLamps&Lighting
eCommerce
market
areshapingitsgrowth
and
evolution.
Onesignificanttrend
istherisingdemand
forsmartlightingsolutions.
Consumers
areincreasingly
interested
in
smart
hometechnologies,
including
lightingsystems
thatcanbecontrolled
remotely
via6Sources:Market
Insights
2024Lamps
&
Lighting
is
an
important
part
of
the
Furniture
eCommerce
marketOverview:
Market
DefinitionMarket
definitionTheLamps&LightingeCommerce
market
isasegment
of
onlineretailthatspecializes
inselling
various
typesof
lightingproductsforindoor
andoutdooruse,including
lamps,chandeliers,
pendant
lights,
sconces,
ceiling
fans,andotherlightingfixtures.Therelevance
of
the
Lamps&LightingeCommerce
market
liesinitsabilitytoofferconsumers
awide
variety
of
lighting
optionsfordifferent
spacesandpurposes.
Withthe
increasing
importance
of
interior
design,lightinghasbecome
acrucial
element
increating
thedesired
ambianceandmood
inaroomor
outdoorspace.AdditionalInformation:Lamps&Lightingcomprises
revenues,
users,
average
revenue
peruser,
andpenetration
rates.
Revenues
arederived
fromannualfilings,nationalstatisticaloffices,
Google-
and
Alibabatrends,and
industryknowledge.
SalesChannelsshow
onlineandofflinerevenue
shares,
aswell
as,desktop
andmobile
salesdistribution.Revenues
includeVAT.Themarket
onlydisplaysB2Crevenues
andusers
forthe
above-mentioned
markets,
hence
C2C,B2B,
and
reCommerce
arenotincluded.
Additionaldefinitionscanbefoundon
each
respective
market
page.Examples
ofsuccessful
Lamps&Lighting
eCommerce
businesses
includeLumens,
which
offers
awide
rangeoflightingoptions,includingmodern
andcontemporary
designs,and
LampsPlus,which
offers
avariety
oflightingproducts,includingtablelamps,floor
lamps,andchandeliers,
with
the
addedconvenience
offree
shipping
on
most
items.
Otherpopular
eCommerce
retailerssuchasAmazon
andWayfairalsooffer
avariety
of
lightingproductson
theirwebsites.Key
players
inthe
market
arecompanies
likeAmazon,JD,Homedepot,
IKEA,Wayfair,andLowes.7Sources:Market
Insights
2024Lamps
&
Lighting
accounted
for
8.21%
of
the
Furniture
eCommerce
marketrevenue
in
2024Overview:
Key
TakeawaysKeyTakeaways?Revenue
intheLamps&LightingMarket
isprojected
toreach
US$23.27bn
in2024.?Revenue
isexpected
to
show
anannualgrowth
rate
(CAGR2024-2029)
of
8.97%,
resulting
inaprojected
market
volume
ofUS$35.75bn
by2029.?IntheLamps&Lighting
Market,
thenumberof
users
isexpected
toamount
to
283.5m
users
by2029.?User
penetration
will
be3.1%
in2024
andisexpected
to
hit3.9%
by2029.?Theaverage
revenue
peruser
(ARPU)isexpected
toamounttoUS$120.40.8Sources:Market
Insights
2024Market
scope
parameters
and
considerationsOverview:
inscope
/outof
scopeInscopeOutof
scopeThismarket
includes:Thismarket
excludes:?Lampssuchas
Philips
Hue?Industriallighting
equipment
suchas
Acuity
Brands?Lighting
fittings(e.g.,chandeliers)
suchasSwarovski9Sources:Market
Insights
2024CHAPTER
2Market
NumbersLamps
&
Lighting
revenues
are
estimated
to
increase
at
a
CAGR(1)
of
8.5%
from2017
to
2029Market
Size:
GlobalRevenue
forecast
inbillionUS$35.7534.176.3232.055.926.62+8.5%(1)29.035.3626.024.8123.274.3222.534.2621.234.0221.473.9720.503.7914.4913.8613.0115.712.9711.7914.272.7010.5713.432.529.459.118.598.728.356.345.775.4514.64202913.99202813.12202711.88202610.6420259.168.628.789.508.366.405.465.8020172018201920202021202220232024Ceiling
Lights&ChandeliersLightBulbs&FittingsTable&Floor
Lamps11
Notes:Sources:(1)
CAGR:
Compound
Annual
GrowthRateMarket
Insights
2024With
revenue
of
US$
12.6
billion,
the
Americas
is
the
biggest
market
amongselected
regions
in
2024Market
Size:
Regional
Comparison
(1/2)Revenue
forecast
inbillionUS$+8.4%(1)18.81+10.4%(1)9.3312.56+8.4%(1)6.735.704.50+12.2%(1)+10.5%(1)0.5520290.2020240.330.3120242029202920242029202420292024EuropeAfricaAmericasAsiaAustralia&Oceania12
Notes:Sources:(1)
CAGR:
Compound
Annual
GrowthRateMarket
Insights
2024With
revenue
of
US$
11.0
billion,
the
United
States
is
the
biggest
market
amongselected
countries
in
2024Market
Size:
Regional
Comparison
(2/2)Revenue
forecast
inbillionUS$+8.0%(1)16.1310.98+7.2%(1)+8.3%(1)+11.5%(1)3.84+11.1%(1)2.712.281.531.241.0520290.720.62202420292024202920242029202420292024ChinaUnited
StatesUnited
KingdomGermanyJapan13
Notes:Sources:(1)
CAGR:
Compound
Annual
GrowthRateMarket
Insights
2024Lamps
&
Lighting
average
revenue
per
users
are
estimated
to
decrease
from2017
to
2029Market
Size:
GlobalAveragerevenue
peruserforecast
inUS$140124.84113.70112.76102.04113.24102.83120100806040200107.6197.81103.5293.7343.5988.5982.1081.9681.1580.2478.3778.5677.3279.9637.2973.9233.5573.7933.5373.0633.2052.9172.2732.8270.6432.2069.7031.8370.7932.1847.7046.9945.542017201820192020202120222023202420252026202720282029LightBulbs&FittingsCeiling
Lights&ChandeliersTable&Floor
Lamps14Sources:Market
Insights
2024Australia
&
Oceania
has
the
biggest
market
in
Lamps
&
Lighting
averagerevenue
per
user
in
2029Market
Size:
Regional
Comparison
(1/2)Averagerevenue
peruserforecast
inUS$445.7145040035030025020015010050395.15240.19397.65279.42382.77276.87326.25307.24362.99318.16305.37
307.68303.58293.45283.39331.90285.88294.17218.93286.27234.16258.07255.66220.07232.71221.98204.93281.86284.79274.79235.53260.57215.29209.35243.72235.7954.25228.69211.0937.2041.1731.1953.7041.4241.1430.9048.0640.8630.4449.9552.7946.5344.6538.6729.4939.4430.9537.9847.6147.9835.2643.8430.6129.48020172018201920202021Asia2022Europe2023202420252026202720282029AfricaAustralia&OceaniaAmericas15Sources:Market
Insights
2024With
average
revenue
per
user
of
US$563.7,
the
United
States
is
the
biggestmarket
among
selected
countries
in
2024Market
Size:
Regional
Comparison
(2/2)Averagerevenue
peruserforecast
inUS$900800700832.43768.91757.43679.66742.97532.74698.46527.77672.72594.38544.08590.64534.19584.23588.41642.94570.67532.36563.72494.01558.69510.50600
542.94500545.68527.52491.12273.49252.59
255.644003002001000257.75287.30240.66209.01237.54235.32221.00210.27209.86198.52190.72220.24212.61256.07203.66173.09166.18203.58193.44187.10173.21177.03193.7445.61202138.60201943.24202039.48202234.3037.14202537.10202636.67202734.33202832.09201832.0332.45202919.51201720232024ChinaUnited
KingdomJapanGermanyUnitedStates16Sources:Market
Insights
2024Lamps
&
Lighting
users
are
estimated
to
increase
from2017
to
2029Market
Size:
GlobalUsersforecast
inmillion220200200.42199.29189.56188.51177.49176.5218016014012010080164.34163.45150.35149.54178.52136.38135.65169.06158.49124.29123.29146.92107.81107.90134.5693.6393.51122.1781.3580.59111.3248.0347.5568.3268.1096.9856.8156.5584.636073.7261.244051.2043.672002017201820192020202120222023202420252026202720282029Ceiling
Lights&ChandeliersTable&Floor
LampsLightBulbs&Fittings17Sources:Market
Insights
2024Asia
has
the
biggest
number
of
Lamps
&
Lighting
users
in
2029Market
Size:
Regional
Comparison
(1/2)Usersforecast
inmillion177.25180160167.0658.16155.6154.85143.0414012010080129.6147.66116.4943.86104.4040.7290.1236.4263.8229.5876.4532.8161.2352.9325.3951.3342.7322.1213.5234.4519.3931.4232.7626.7229.9628.408.441.496024.9423.6421.2617.8519.433.9610.6415.3310.011.624012.277.521.419.271.565.761.266.621.324.901.133.131.001.760.762.420.861.290.691.67201.050201720182019202020212022202320242025Americas2026Asia202720282029Australia&OceaniaAfricaEurope18Sources:Market
Insights
2024With
79.0
million
users
million,
China
is
the
biggest
market
among
selectedcountries
in
2024Market
Size:
Regional
Comparison
(2/2)Usersforecast
inmillion118.44120100806040200111.66104.1596.0187.4078.9971.0862.0627.314.3031.0625.4153.0725.834.2324.2910.702.3144.7713.7622.7118.1519.474.1437.6716.053.3421.104.049.552.1914.753.183.663.743.924.044.273.053.583.813.4911.862.002.882.933.333.092.891.611.632.712.162.00
2.201.842.573.904.113.273.703.061.662.312.532017201820192020Japan2021Germany20222023UnitedKingdom202420252026China202720282029UnitedStates19Sources:Market
Insights
2024Inthe
Lamps
&
Lighting
market,
online
revenueshare
reached
28.0%
in
2024FurtherMarket
AnalysisShare
ofoffline
andonlinerevenue
worldwide
in%65.00%64.00%64.00%68.00%70.00%71.00%70.00%72.00%73.00%72.00%77.00%79.00%79.00%35.00%202736.00%202836.00%202932.00%202630.00%202029.00%202130.00%202528.00%202227.00%202328.00%202423.00%201921.00%201721.00%2018OfflineRevenue
ShareOnlineRevenue
Share20Sources:Market
Insights
2024Inthe
Lamps
&
Lighting
market,
mobile
revenue
share
reached
63.0%
in
2024FurtherMarket
AnalysisShare
ofdesktopandmobile
revenue
worldwide
in%34.00%34.00%37.00%36.00%35.00%38.00%41.00%40.00%43.00%48.00%53.00%64.00%202565.00%202666.00%202766.00%202862.00%202363.00%202459.00%202160.00%202257.00%202052.00%201947.00%2018Desktop
Revenue
ShareMobile
Revenue
Share21Sources:Market
Insights
2024Penetration
rate
for
Lamps
&
Lighting
is
especial
high
in
China
but
also
in
theUnited
KingdomPenetration
Rate:
Worldwide
ComparisonLamps&Lighting
penetration
rate
percountry
in2024
in%1.2.3.4.5.China6.586.056.025.975.92UnitedKingdomUnitedStatesMexicoNetherlandslowhigh
nodata22Sources:Market
Insights
2023CHAPTER
3AppendixMARKET
INSIGHTSMarket
Insights
–
market
data,forecasts,
and
qualitative
insightsGainabetterunderstandingofmarketsacross190+
geographicalentities
–
onaglobal,regional,country,
and/orstatelevel.Access
ourdatavia
web
interface,
download(XLS,
PDF,PPT),
orreports.Benefitfromour
48-hour
customerservice
guarantee.?
10
sectors:
advertising&media,consumers,countries,digital
sector,finance,health,
industrialsector,mobility,andtechnology?
1,000+
markets,
e.g.,
FinTech,Food,or
Robotics?
KPIs,
e.g.,
revenue,marketshares,prices,andvolume?
Features:Compare
countries®ions,
change
currencies,
selectvisualizations,
and/or
customize
downloads?
Usecases:
sales
planning,
investment
decision
support,resourceallocation,andportfolio
management10sectors190+geographicalentities1,000+markets400+reportsGotoMar
etInsightsFind
out
more
on:https://www.Goto
Market
Insightscom/outlook/24AuthorsSebastian
Lindla
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