Key Market Indicators
German Lighting Sales are projected to plummet to approximately €955 million by 2028, down from €4.4 billion in 2023. This represents a significant annual decline of 23.8%. The market has been in a downward spiral since 2013, with an annual decrease of 9%. In this sector, the Netherlands, Italy, and the Czech Republic hold the second, third, and fourth positions, respectively. In contrast, German Lighting Imports are expected to rise, reaching nearly $2 billion by 2028, up from about $1.7 billion in 2023. This marks a compound annual growth rate (CAGR) of 2.1%. Since 1996, the demand for lighting imports in Germany has seen a steady increase of 3% annually. German Lighting Exports are also on an upward trajectory, forecasted to hit almost $2 billion by 2028, up from $1.8 billion in 2023. This indicates an average annual growth rate of 1.7%. Since 1996, the supply of German lighting products to international markets has grown by 2.2% each year.
