The data for 2024 suggests that Italy overwhelmingly dominates the European sold production of electric table, desk, bedside, or floor-standing lamps, with a production value far surpassing its counterparts. In 2023, Italy experienced a remarkable 43.26% year-on-year increase. Denmark and Finland also saw significant growth at 6.6% and 24.1%, respectively. Conversely, Germany faced a decline of 5.71%, and Hungary experienced a decrease of 8.98%. The UK's growth was nearly stagnant with a 0.043% increase. Over the past five years, the average variations showed continual growth in Italy, Spain, and Denmark, while other markets displayed mixed trends.
Future trends to watch include Italy maintaining its leading position due to its sustained growth momentum, and potential market expansions in Denmark and Finland driven by their recent substantial increases. Conversely, Germany may need strategic interventions to reverse its negative growth trend. The performance of smaller markets like Bulgaria and Lithuania may also gather interest as they attempt to stabilize and grow their shares in the European lighting market. Overall, innovation, sustainability, and energy efficiency will be crucial drivers of future growth across all countries.
Top countries in Sold Production of Electric Table, Desk, Bedside or Floor-Standing Lamps by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 416,910,000 | 2023 | +27.18% | +43.26% | View data |
| 2 | 2 Spain | 95,164,000 | 2023 | +3.86% | +0.49% | View data |
| 3 | 3 France | 43,670,000 | 2023 | +11% | +3.06% | View data |
| 4 | 4 Germany | 40,759,000 | 2023 | -7.41% | -5.71% | View data |
| 5 | 5 Denmark | 33,873,000 | 2023 | -1.09% | +6.6% | View data |
| 6 | 6 Austria | 29,154,000 | 2021 | +4.21% | View data | |
| 7 | 7 United Kingdom | 21,940,000 | 2023 | -0.93% | +0.043% | View data |
| 8 | 8 Poland | 18,567,000 | 2023 | +1.59% | +3.46% | View data |
| 9 | 9 Hungary | 17,806,000 | 2023 | -3.27% | -8.98% | View data |
| 10 | 10 Sweden | 15,986,000 | 2023 | +4.42% | +4.96% | View data |
