The twenty-six edition of CSIL research ‘Lighting: World market outlook‘ analyzes, through tables and graphs, data on lighting fixtures production, consumption and international trade at worldwide level as a whole and for 70 considered countries, for the years 2013-2022 and 2023 preliminary. lighting fixtures market forecasts for the next three years (2024-2026) are also provided.

The report ‘Lighting: World Market Outlook‘ is structured as follows:

Basic data presents an overview of the world lighting market in 2022, by main country and geographic regions. including a comparison with selected key macro indicators.

Activity trend and forecast offers an analysis of the sector performance for the years 2013-2022 and preliminary 2023 for 70 considered countries grouped by Geographic Regions, highlighting the two main market segments for lighting fixtures: residential/consumer lighting and professional lighting (commercial, industrial, outdoor). This Chapter provides also forecasts for the next three years (2024-2026).

International trade provides detailed tables on exports and imports of lighting fixtures and lamps in the 70 Countries considered, for the last 6 years (2017-2022), and a preliminary estimate 2023 of the world trade of lighting fixtures and lamps

Financial Analysis presents, on a sample of around 100 global companies active in the lighting sector, and analysis of selected key financial data, main profitability ratios (ROA, ROE, EBIT and EBITDA) and indicators related to the equity and financial structure of the considered sample companies, for the time frame 2018-2022

Distribution channels gives an overview of the main distribution channels active on the world market for lighting fixtures. The analysis of the distribution system is organized by the following channels: Contract/Projects, Lighting Specialists, Lifestyle stores (Furniture chains, furniture stores, department stores), Wholesalers/Distributors, Home improvement/DIY Stores, E-commerce

Market structure: segments and applications offers an estimate of the breakdown of world lighting fixtures consumption, for Consumer/Residential and Professional indoor use (commercial and industrial) and for Outdoor segment, in the period under review (2017-2022) and a preliminary estimate for 2023. The chapter provides also an estimate for lighting fixtures sales, at worldwide level, by the main destination segments, for the year 2022 and a preliminary 2023

The competitive system: sales by application and by geographic area offers an insight into the leading lighting players by the main destination segments and by the main geographic Region. Through detailed tables are shown sales data and market shares of selected lighting companies, short profiles of the main players are also available

Directory of companies mentioned provides contact information for the main companies mentioned in this Report.

Countries and Geographic Regions considered

• North America: Canada, Mexico, United States (3 countries)
• South America: Argentina, Brazil, Chile, Colombia, Venezuela (5 Countries).
• European Union (27) + Norway, Switzerland and the United Kingdom: Austria, Belgium (including Luxembourg), Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, plus Norway, Switzerland and the United Kingdom (30 Countries).
• Central-East Europe outside the EU: Belarus, Kazakhstan, Russia, Serbia, Türkiye and Ukraine (6 countries).
• Asia and Pacific: Australia, China, India, Indonesia, Japan, Malaysia, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam (13 countries).
• Middle East and Africa: Algeria, Bahrain, Egypt, Israel, Jordan, Kuwait, Lebanon, Morocco, Oman, Qatar, Saudi Arabia, South Africa, Tunisia, United Arab Emirates (14 countries).

World exports of lighting fixtures, 2017-2022. Six major exporters, 2017-2022. US$ million

In 2022, the world market of lighting fixtures returned to pre-pandemic levels but to a lesser extent than in 2021, and also in 2023, a decrease is expected compared to the previous year, reaching US$ 97 billion. In 2024, the global lighting fixtures market is expected to remain stable, followed by moderate growth in 2025 and 2026. In terms of production, the top 10 manufacturing Countries of lighting fixtures worldwide are China, the United States, Japan, Germany, India, Italy, Mexico, South Korea, Poland and Türkiye, which together account for over 80% (in value) of the world lighting fixtures production.

The share of architectural lighting is growing, maintaining its position as the segment with the highest consumption, while the residential segment, experiencing a slowdown for the second consecutive year, will record the most significant decrease in 2023.

According to CSIL, the largest 100 global lighting players hold a share of over 40% of the worldwide market for lighting fixtures.