Key Market Indicators
Pakistani lighting imports are projected to hit approximately $32.6 million by 2028, climbing from an estimated $27.1 million in 2023. The sector is experiencing an average annual growth rate of 2.9%. This upward trend in imports has been consistent; since 2008, the demand for lighting in Pakistan has grown by 9.7% year on year. Conversely, the country's lighting exports are on a downward trajectory. By 2028, exports are expected to drop to about $62,000, down from $76,000 in 2023. This decline represents a compound annual growth rate (CAGR) of -3.3%. Despite this recent downturn, Pakistani lighting supply has seen a historical increase. Since 2008, exports have grown 1.6% annually.
