1、Lamps&Lighting Report 2022Statista Consumer Market OutlookJanuary 202201020304Overview Market definition Market overview Segment overview Revenue share by subsegment Furniture:top 10 companies by revenueRegional overview Worldwide comparison KPI comparison Top countries by regionConsumer insights An

2、alyst opinion Sales channels Top eCommerce storesAppendix Methodology Product overview Author2Agenda3Sources:Statista Consumer Market Outlook 2022Ceiling Lights&Chandeliers and Light Bulbs&Fittings are an essential part of the Lamps&Lighting segmentMarket definition This market segment covers a seri

3、es of different types of lamps and lights which can be found inside buildings to provide light to carry out activities.Lamps and lighting are an essential type of indoor furniture that provide light at any time of the day.This market includes table and floor lamps,chandeliers,ceiling lights as well

4、as other lamps and light fittings commonly found indoors.However,candles,consumer electronics,and household appliances are not included.Out of scope Candles Consumer electronics Household appliancesIn scope Chandeliers,wall,and ceiling lights Standing lamps Decoration lighting such as Christmas tree

5、 lighting Light bulbs and fittings4Key takeawaysIn 2021,the Furniture market generated a total revenue of US$673.0 billion worldwide.At 35%,Living Room Furniture was the largest segment of the Furniture market with US$232.5 billion in revenues in 2021.The Bedroom Furniture segment had a market share

6、 of 19%and its revenue amounted to US$126.7 billion in 2021.Key players in the Furniture market include Wayfair,Inc.,Bed Bath&Beyond,Inc.,Mohawk Industries,Inc.,Fortune Brands Home&Security,Inc.,and Nitori Holdings Co.,Ltd.Market overviewWorldwide revenue share in 20211:CAGR:Compound Annual Growth R

7、ate/average growth rate per yearSources:Statista Consumer Market Outlook 2022Worldwide Furniture revenue in billion US$The Lamps&Lighting segment accounted for 12%of the Furniture market revenue in 2021673.0715.6750.5785.8823.2862.92021202620222024202320255.1%135%19%12%12%9%7%7%Living RoomFurnitureL

8、amps&LightingBedroom FurnitureHome Office FurnitureKitchen&Dining FurnitureFloor CoveringOutdoor FurnitureIn 2021,worldwide Lamps&Lighting sales amounted to US$78.0 billion51:CAGR:Compound Annual Growth Rate/average growth rate per yearSources:Statista Consumer Market Outlook 2022Key takeaways The w

9、orldwide Lamps&Lighting revenue will increase at a CAGR1of 4.1%from 2013 to 2026.In the Lamps&Lighting segment,Denmark(US$146)and Sweden(US$99.9)had the highest annual revenue per capita in 2021.Segment overviewWorldwide revenue in billion US$RevenueUS$78.0bnin 2021+4.1%CAGR12013202658.257.055.856.7

10、60.966.768.169.578.082.686.389.893.697.62019201320152021201720232025+4.1%1Worldwide revenue in billion US$Revenue share by subsegmentCeiling Lights&Chandeliers generates the highest revenue in the Lamps&Lighting segment48%8%78.045%2026202143%7%50%97.6+4.6%1Ceiling Lights&ChandeliersLight Bulbs&Fitti

11、ngsTable&Floor Lamps1:CAGR:Compound Annual Growth Rate/average growth rate per yearSources:Statista Consumer Market Outlook 20226RankCompanyYear1Worldwide company revenue in billion US$No.of employees2Wayfair,Inc.202016Bed Bath&Beyond,Inc.202055Mohawk Industries,Inc.202042Fortune Brands Home&Securit

12、y,Inc.202028Nitori Holdings Co.,Ltd.202014Williams-Sonoma,Inc.202027Leggett&Platt,Inc.202020Steelcase,Inc.202013Tempur Sealy International,Inc.20209Dorel Industries,Inc.2020-7Furniture:top 10 companies by revenue1:Reflects the most recent year for which data was available for all companies shown her

13、e 2:In thousandSources:Statista Company Database 2022Wayfair,Inc.had the highest total revenue of the top companies in the Furniture market1098765432111.25.914.19.64.36.13.75.93.72.701020304Overview Market definition Market overview Segment overview Revenue share by subsegment Furniture:top 10 compa

14、nies by revenueRegional overview Worldwide comparison KPI comparison Top countries by regionConsumer insights Analyst opinion Sales channels Top eCommerce storesAppendix Methodology Product overview Author8Agenda9Revenue per capita ranking in US$in 2021Worldwide comparisonRevenue share in 2021In 202

15、1,the Danes and the Swedes spent the most on Lamps&Lighting146.099.993.684.280.378.378.277.573.870.0NetherlandsUnited StatesLuxembourgDenmarkMaltaSwedenGermanyAustriaSwitzerlandBelgiumSources:Statista Consumer Market Outlook 202243%36%17%AsiaAmericasEurope2%Australia&Oceania2%Africa101:CAGR:Compound

16、 Annual Growth Rate/average growth rate per year from 2013 to 2026Sources:Statista Consumer Market Outlook 202220132014201520162017201820192020202120222023202420252026CAGR1Furniture total243.6237.4207.7206.5216.4232.3228.1232.1263.5277.6286.3295.0303.8312.91.9%Lamps&Lighting29.728.925.625.526.928.92

17、8.629.233.234.935.836.837.738.62.0%20132014201520162017201820192020202120222023202420252026CAGR1Furniture total202.6198.1173.8173.4182.3196.2193.1196.8223.7235.8243.1250.5257.9265.62.1%Lamps&Lighting24.724.121.421.422.624.424.224.728.229.730.431.232.032.72.2%Share of total market(in%)12.212.212.312.

18、312.412.512.512.612.612.612.512.512.412.30.1%KPI comparison Europe(1/2)Lamps&Lighting sales in Europe will increase at a CAGR1of 2.2%from 2013 to 2026Revenue in billion US$Revenue per capita in US$Germany7.9France3.2United Kingdom2.9Russia1.9Italy1.711Revenue ranking in billion US$in 2021KPI compari

19、son Europe(2/2)Revenue per capita ranking in US$in 2021Sources:Statista Consumer Market Outlook 2022In Europe,Germany was the country with the highestrevenue in the Lamps&Lighting segmentUS$146US$1Out of scope121:CAGR:Compound Annual Growth Rate/average growth rate per year from 2013 to 2026Sources:

20、Statista Consumer Market Outlook 2022KPI comparison Americas(1/2)Lamps&Lighting sales in the Americas will increase at a CAGR1of 5.3%from 2013 to 202620132014201520162017201820192020202120222023202420252026CAGR1Furniture total199.2201.6208.6211.6224.9243.9251.2259.5281.3295.5305.3314.7324.7334.74.1%

21、Lamps&Lighting22.722.724.024.526.328.629.730.833.635.236.537.538.840.14.5%20132014201520162017201820192020202120222023202420252026CAGR1Furniture total185.0189.0197.5202.1216.9237.3246.6256.9280.6296.9309.0320.7333.0345.64.9%Lamps&Lighting21.121.322.723.425.427.829.130.533.535.436.938.239.841.45.3%Sh

22、are of total market(in%)11.411.211.511.611.711.711.811.911.911.912.011.912.012.00.4%Revenue per capita in US$Revenue in billion US$13Revenue ranking in billion US$in 2021KPI comparison Americas(2/2)Revenue per capita ranking in US$in 2021Sources:Statista Consumer Market Outlook 2022In the Americas,t

23、he U.S.was the country with thehighest revenue in the Lamps&Lighting segmentUnited States28.0Canada1.6Brazil1.1Mexico0.7Argentina0.5US$84US$1Out of scope141:CAGR:Compound Annual Growth Rate/average growth rate per year from 2013 to 2026Sources:Statista Consumer Market Outlook 2022KPI comparison Asia

24、(1/2)Lamps&Lighting sales in Asia will increase at a CAGR1of 5.6%from 2013 to 202620132014201520162017201820192020202120222023202420252026CAGR1Furniture total22.422.622.322.424.528.629.427.931.734.236.939.742.846.15.7%Lamps&Lighting2.32.22.22.22.42.72.82.73.03.23.53.74.04.24.7%2013201420152016201720

25、1820192020202120222023202420252026CAGR1Furniture total92.994.694.595.4105.5124.4128.8123.2141.4153.6166.9180.9196.1212.66.6%Lamps&Lighting9.79.19.29.510.411.912.311.813.414.515.716.818.119.55.6%Share of total market(in%)10.49.69.79.99.99.69.59.69.59.49.49.39.29.2-1.0%Revenue per capita in US$Revenue

26、 in billion US$15Revenue ranking in billion US$in 2021KPI comparison Asia(2/2)Revenue per capita ranking in US$in 2021Sources:Statista Consumer Market Outlook 2022In Asia,China was the country with the highestrevenue in the Lamps&Lighting segmentChina6.1Japan2.1South Korea0.9Saudi Arabia0.8United Ar

27、ab Emirates0.4US$44US$1Out of scope161:CAGR:Compound Annual Growth Rate/average growth rate per year from 2013 to 2026Sources:Statista Consumer Market Outlook 202220132014201520162017201820192020202120222023202420252026CAGR1Furniture total15.015.514.412.612.914.214.514.215.717.018.520.222.024.23.7%L

28、amps&Lighting1.41.41.31.21.21.31.31.31.41.51.71.82.02.23.2%Share of total market(in%)9.68.99.19.39.29.09.09.09.09.09.08.98.98.9-0.6%KPI comparison Africa(1/2)Lamps&Lighting sales in Africa will increase at a CAGR1of 3.2%from 2013 to 202620132014201520162017201820192020202120222023202420252026CAGR1Fu

29、rniture total15.315.413.911.911.812.712.712.113.113.914.715.716.818.01.3%Lamps&Lighting1.51.41.31.11.11.11.11.11.21.21.31.41.51.60.7%Revenue per capita in US$Revenue in billion US$17Revenue ranking in billion US$in 2021KPI comparison Africa(2/2)Revenue per capita ranking in US$in 2021Sources:Statist

30、a Consumer Market Outlook 2022In Africa,Nigeria was the country with the highestrevenue in the Lamps&Lighting segmentNigeria0.4Algeria0.1Egypt0.1South Africa0.1Tunisia0.1US$6US$1Out of scope181:CAGR:Compound Annual Growth Rate/average growth rate per year from 2013 to 2026Sources:Statista Consumer M

31、arket Outlook 202220132014201520162017201820192020202120222023202420252026CAGR1Furniture total9.99.48.89.610.210.49.89.711.712.212.913.514.214.93.2%Lamps&Lighting1.31.21.11.21.31.31.21.21.41.51.61.61.71.82.6%Share of total market(in%)12.712.612.612.612.612.612.512.512.312.312.112.111.911.8-0.5%KPI c

32、omparison Australia&Oceania(1/2)Lamps&Lighting sales in Australia&Oceania will increase at a CAGR1of 2.6%from 2013 to 202620132014201520162017201820192020202120222023202420252026CAGR1Furniture total272.1253.3234.2251.5263.5266.6247.2242.4287.2297.5309.2320.1332.3345.81.9%Lamps&Lighting34.432.029.631

33、.733.233.730.830.235.336.637.538.839.740.81.3%Revenue per capita in US$Revenue in billion US$Australia1.22New Zealand0.22Fiji0.01Papua New Guinea0.0119Revenue ranking in billion US$in 2021KPI comparison Australia&Oceania(2/2)Revenue per capita ranking in US$in 2021Sources:Statista Consumer Market Ou

34、tlook 2022In Australia&Oceania,Australia was the country withthe highest revenue in the Lamps&Lighting segmentUS$47US$1Out of scope20Top countries by region1:Bar heights may vary due to rounded figuresSources:Statista Consumer Market Outlook 2022In Nigeria,the Lamps&Lighting segment will grow by 98.

35、6%from 2021 to 20267.99.020262021+14.1%28.034.320212026+22.2%6.110.620212026+73.2%1.21.520212026+21.4%0.40.820262021+98.6%AustraliaNigeriaChinaUnited StatesGermanyRevenue in the top countries in billion US$1EuropeAmericasAsiaAfricaAustralia&Oceania01020304Overview Market definition Market overview S

36、egment overview Revenue share by subsegment Furniture:top 10 companies by revenueRegional overview Worldwide comparison KPI comparison Top countries by regionConsumer insights Analyst opinion Sales channels Top eCommerce storesAppendix Methodology Product overview Author21Agenda22TrendsThe growing d

37、emand for smart lighting solutions in developed economies is amongst the key drivers of the Lamps&Lighting segment.Energy efficiencies and the shift from conventional products to LEDs in emerging markets are fueling this sector.Growing governmental initiatives and campaigns regarding energy conserva

38、tion in markets such as India and China are also set to fuel growth.Analyst opinionSources:Statista Consumer Market Outlook 2022Recommended studies&reportsFurniture ReportIKEAWayfairIndoor farmingGrowing demand for smart lighting solutions in developed economies is a key driving factor23Furniture:wo

39、rldwide revenue shareSales channelsSources:Statista Consumer Market Outlook 2022,Statista Digital Market Outlook 2022Online retails share of Furniture reached 17.9%in 202115.3%15.1%15.4%16.6%17.9%19.4%21.0%22.7%24.6%84.7%84.9%84.6%83.4%82.1%80.6%79.0%77.3%75.4%201720182019202020212022202320242025Onl

40、ineOffline24Biggest players with Furniture&Appliances as a main product category in 2020Top eCommerce stores by net salesSources:eCommerceDB.com was the worlds largest online retailer specialized in Furniture&Appliances in s global eCommerce net sales:US$16.9 s global eCommerce net sales:US$9.9 s gl

41、obal eCommerce net sales:US$10.9 billion01020304Overview Market definition Market overview Segment overview Revenue share by subsegment Furniture:top 10 companies by revenueRegional overview Worldwide comparison KPI comparison Top countries by regionConsumer insights Analyst opinion Sales channels T

42、op eCommerce storesAppendix Methodology Product overview Author25AgendaSources:Statista Consumer Market Outlook 202226Detailed analysis of the status quo in selected core countriesWe obtain the data from the Statista Consumer Market Outlook for our 46 core economies,such as the United States,China,a

43、nd Germany,through an in-depth analysis of each market.To evaluate the markets,we use the latest data from various country-specific sources and industry associations,survey results from our primary research(e.g.,the Statista Global Consumer Survey),third-party studies and reports,as well as our indu

44、stry knowledge.Because of the considerable amount of information that is incorporated in the Statista Consumer Market Outlook and all the interpretation and analysis involved in the process,a detailed representation of the data sources for each data point is not possible.Market sizes are determined

45、using a bottom-up or top-down approach based on an individual logic for each market segment.Demand-side factors,such as per-capita consumption,are linked to various performance factors,such as at-home and out-of-home consumption or average customer turnover.All markets are assessed at retail prices

46、including country-and product-specific sales taxes and excise duties.Other sources,such as household budget surveys on national levels,complement the demand-side estimates.For detailed information regarding the methodology,please have a look at our Consumer Market Outlook Methodology.Methodology(1/3

47、)Underlying dataMacroeconomic indicators Country-specific statistical offices and census data International organizations and associationsMarket research Consumer profiling the Statista Global Consumer Survey Exclusive representative ad hoc surveys in selected countries on specific current topics Ke

48、y player analysis&monitoring Company profiles and key performance indicators Product and price monitoring News and trendsStudies&third-party data Market analyses and analyst opinions Annual reports and industry analyses Academic studiesWe use bottom-up and top-down approaches for our sizing of the m

49、arkets status quoNon-core country market sizing exemplified by1the Hungarian Cosmetics market in 2018Step 1:Choose reference core country2Step 2:Compare key market indicators3PopulationConsumer spending per capitaGDP per capitaPrice level indexHuman development indexStep 3:Apply an algorithm to esti

50、mate market KPIs,using data from the core country as base and the countrys key market indicators as driversResult:Average revenue per capita27Driver-based transfer of market data to non-core countriesThe market data for non-core countries is generated using algorithmic models.To compensate for the l

51、ack of available data and to evaluate a countrys potential,we use the performance ratios of core countries with a similar infrastructure and similar development conditions as benchmark values.Then we apply an algorithm-based calculation to create market KPI estimations,using the countrys key market

52、indicators as drivers.Over 100 driver data sets for 150 countries have been collected from a variety of sources,including the International Monetary Fund(IMF),the International Telecommunication Union(ITU),the World Bank,and many others.The data sets either include a forecast from the source or are

53、forecast by Statista using trend analyses and prediction techniques based on historical data from 2000 to 2018.The drivers are categorized and assigned to the markets so that the top three correlating drivers can then be selected for each market segment.The chosen drivers do not only have the best m

54、athematical fit,but they must also have an actual influence on the performance of the markets.If specific drivers are not available for one country,they can be replaced with a set of backup economic development drivers of more general nature.Methodology(2/3)1:Simplified illustration 2:Several core c

55、ountries are used to get the final results 3:Further key market indicators were used in the final algorithmSources:Statista Consumer Market Outlook 2022We estimate the potential of non-core countries with the help of macroeconomic and infrastructural drivers(core country)PolandPoland(benchmark)38.1m

56、US$8,174US$14,75644.00.865US$14.04Hungary(non-core country)Hungary(KPI estimated)9.7mUS$7,542US$15,67944.80.838US$13.6328Economic outlook Expected impact on the general economy(GDP,consumer spending,investment,etc.)Based on current forecasts by the IMF,statistical offices,and our analystsMethodology

57、(3/3)Directly affected markets Directly impacted by quarantine measures(e.g.,Travel&Tourism)Recession reaction modeled based on analyst assessments,benchmark forecasts,leading indicators,as well as our own surveys Revenues expected to return to long-term trend eventually Recovery scenario in V-,U-,o

58、r L-shape,depending on the market and country Time span needed to return to long-term trend:over 25 years Based on analyst assessments and available benchmark forecastsSources:Statista Consumer Market Outlook 2022Our COVID-19 forecasts build on extensive researchMarket environmentMarket shockShock d

59、issipationPandemic outlook Lockdown:phase of general quarantine (410 weeks)Stabilization:phase of local and individual quarantines,gradual reopening of the economy(1218 months)Reconstruction:phase after vaccines and treatments have become widely available(from mid-to late 2021)Indirectly affected ma

60、rkets Impacted by overall economic performance rather than by pandemic-specific events and measures(e.g.,most consumer products)Recession reaction modeled by drawing on historical data(e.g.,national accounts,household budget surveys,and similar statistics)AccessoriesHome&Laundry CareAlcoholic Drinks

61、Hot DrinksApparelHousehold AppliancesConsumer ElectronicsNon-AlcoholicDrinksBeauty&Personal CareOTCPharmaceuticalsEyewearLuxury GoodsFoodTissue&Hygiene PaperFootwearTobacco ProductsFurnitureToys&Hobby429The Consumer Market Outlook presents the key performance indicators sales,revenues,and prices of

62、the most important consumer markets worldwide.Our specialized analysts market calculations are based on data from validated sources.Revenues,volume sales,prices,and forecastsMore than 200 product categories in up to 150 countriesCovering the period 2013 to 2026Find out more on 2026)50,000+interactiv

63、e statisticsAbout the Statista Consumer Market Outlook30The Company Database provides information on more than 1.5 Million listed and privately held companies and contains the most important company key figures as well as in-depth analyses.Additionally,we offer a wide range of extra KPIs for listed

64、companies.Use the Company Database as a starting point for your further market assessment.It is also the perfect tool for a quick research on basic data and provides valuable insights into foreign marketsIn-depth information on over 1.5 million private companies and more than 40,000 listed companies

65、Analyze your competitors and your industryAbout the Statista CompanyDBThe Company Analytics PlatformFind out more on https:/ industry,country®ion rankingsMore than 180 countries®ions coveredecommerceDB.com offers direct access to URL-related revenue information together with forecasts,customiz

66、able top,country,region and category rankings,KPI analyses,and extensive eCommerce-relevant contact information to over 20,000 online stores.31About the ecommerceDBThe toolbox for all eCommerce-relevant questionsTELE-MAIL+49 40 688 93 12 CONTACT USIn-depth analysis for over 20,000 online store URLsA

67、djustable top,category,country®ion rankingsDownload shop profiles for seamless processingDirect contact to our eCommerce analystsFind out more on Yufei HanAuthorAYufei Han studied Business Administration at the University of InternationalBusiness and Economics,Beijing,(B.A.)and at the University of Erlangen-Nrnberg(M.Sc.).He gained a comprehensive understanding of marketstructures working as a researcher for the business development departmentof Siemens Healthineers.In the Consumer Market Outlook,he is mainlyresponsible for electronics and durable goods.