Key Market Indicators
Indian exports of lighting are set to reach $37 billion by 2026, up from $30.6 billion in 2021. This represents an average growth rate of 3.2% year-on-year, which has been a steady trend since 1993. India was the 34th largest exporter in 2021, behind Switzerland with $30.6 billion. Germany, the United States and Italy were the top three exporters in this ranking. Indian imports of lighting are set to reach $575 million by 2026, up from $451 million in 2021. This represents an average growth rate of 4.2% year-on-year, an increase from the 18.7% year-on-year growth since 1993. India was the 8th largest importer in 2021, behind Italy with $451 million. Germany, the United Kingdom and France were the top three importers in this ranking.
India Lighting Market Data and Forecasts
How much will India Lighting Market grow to 2026?
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