In the US, the import of electric table, desk, bedside, and floor lamps is projected to rise from 107.15 million kilograms in 2024 to 111.2 million kilograms by 2028. Compared to the baseline of 2023, there is an annual growth rate of about 0.95% as captured by the 5-year CAGR. The trend reveals a steady year-on-year increase, averaging just over 1% annually over the forecast period.
Looking ahead, industry trends such as technological advancements in energy-efficient lighting, evolving consumer preferences towards smart home devices, and potential trade regulations may significantly influence these import projections. Staying abreast of these factors will be pivotal for stakeholders in this sector.
