Forecast: Import of Lamp and Lighting Fitting Parts Except Glass or Plastic to the US

In 2023, the import value of lamp and lighting fitting parts (excluding glass or plastic) to the US stood at an anticipated $755.00 million. The forecasted data from 2024 to 2028 shows a steady increase, with a compound annual growth rate (CAGR) of approximately 1.43%. Year-on-year growth from 2024 to 2025 is projected at 1.86%, with subsequent yearly growths following a similar upward trend. The market's robustness is underscored by consistent expansion, reflecting steady demand across the US market.

Future trends to watch for include:

  • Technological innovations enhancing energy efficiency and customization in lighting products could spur increased imports.
  • Economic factors, such as trade policy changes and tariff adjustments, may impact import dynamics.
  • The growing focus on sustainable and eco-friendly products could shift market preferences and demand.

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