Key Market Indicators
Mexico's lighting imports are projected to hit $355 million by 2028, up from $303 million in 2023. This growth represents an average annual increase of 2.5%. Since 1995, the country's demand for lighting has risen steadily at a yearly rate of 4.2%. On the export front, Mexico's lighting sector is expected to reach $800 million by 2028, compared to $694 million in 2023. This marks an average annual growth rate of 2.3%. Mexican lighting exports have shown a robust increase of 3.9% year on year since 1995. These figures highlight Mexico's expanding role in the global lighting market, driven by consistent growth in both import and export activities.
