The forecast for sold production of portable electric lamps in the UK indicates a steady growth trend from 2024 to 2028, with values rising from 18.236 million Euros in 2024 to 19.953 million Euros in 2028. As of 2023, the sold production stood at 17.804 million Euros. Year-on-year variations show incremental increases: 2.43% in 2024, 2.43% in 2025, 2.40% in 2026, 2.22% in 2027, and 2.13% in 2028. The average annual growth rate (CAGR) over the last five years is approximately 2.32%.
The future trends to watch for in the portable electric lamp market include advancements in energy-efficient LED technology, smart home integration, and increasing consumer preference toward sustainable and eco-friendly products. Additionally, fluctuations in raw material costs and regulatory changes could impact production volumes and market dynamics in the coming years.
