The Portable Electric Lamps market in Sweden has shown significant fluctuations over the past decade. From 2012 to 2022, the market value expressed in million euros shows a general upward trend with certain periodic dips. Year-on-year variations highlight periods of both growth and decline, such as a notable increase of 13.9% in 2013 and a 6.82% drop in 2020. The compound annual growth rate (CAGR) over the last five years from 2018 to 2022 stands at 2.93%, indicating a relatively stable growth despite some volatility.
Over the last two years, the market has had mixed performances, with a notable decline in 2021 (-7.32%) followed by a rebound in 2022 (5.84%). As of 2023, the market is seeing signs of recovery. Future trends to monitor include the impact of technological advancements in smart lighting and increasing consumer inclination towards energy-efficient and eco-friendly products, potentially driving market growth.
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 89,214,000 | 2023 | +1.95% | +3.4% | View data |
| 2 | 2 France | 57,873,000 | 2023 | -7.18% | -6.07% | View data |
| 3 | 3 Sweden | 23,416,000 | 2023 | +3.84% | +3.4% | |
| 4 | 4 Finland | 21,225,000 | 2023 | +2.31% | +1.31% | View data |
| 5 | 5 Hungary | 11,498,000 | 2023 | +5.16% | +7.09% | View data |
