From 2013 to 2023, the market size value per capita for Ultraviolet or Infrared Lamps, Arc Lamps in Belgium fluctuated, peaking at €0.82 in 2014 and reaching €0.58 in 2023. Between 2022 and 2023, the value dropped from €0.59 to €0.58, marking a year-on-year decrease of approximately 1.69%. The five-year compound annual growth rate (CAGR) from 2018 to 2023 was a negative trend, highlighting a gradual decline over these years.
Future trends to watch for include potential technological advancements that could boost demand for UV and infrared applications, or environmental regulations that might limit certain lamp usages, impacting the market value per capita positively or negatively.
