Key Market Indicators
American Lighting Export is projected to hit $1.1 billion by 2028, up from approximately $990 million in 2023. This marks a 1.8% compound annual growth rate (CAGR). Since 1996, the American supply of lighting products has increased by 2.7% annually. On the import side, American Lighting Import is expected to reach nearly $6.8 billion by 2028, growing from about $5.8 billion in 2023. This represents a 2.5% average annual growth rate. Since 1996, American demand for lighting products has risen by 3.9% each year.
