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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Lamp Shades Market Share
Commercial sector to increase the demand for lamp shades due to rising infrastructure developments across the globe
Commercial applications of lamp shades are likely to grow at a significant rate in the coming years. This growth can be attributed to the increasing emphasis on the ambience of commercial spaces. Many enterprises are heavily investing towards improving the aesthetic appeal of their offices to boost employ wellness and efficiency, thereby aiding the lamp shades market growth. Lamp shades provide even and softer distribution of light and reduce glare, which creates a pleasant environment and reduces eye strain. The sophistication and style offered by lamp shades acts as a decorative accent, boosting their utilisation across commercial applications.
The residential segment of the market focuses on homeowners and individuals seeking lighting solutions for their living spaces. The demand for residential lamp shades is influenced by interior design trends, personal preferences, and the desire to create a cozy and inviting ambiance at home. Companies specialising in residential lamp shades offer a wide range of designs, materials, and sizes to meet the diverse needs of homeowners.
Natural, plastic, and fabric lamp shades are gaining traction as they are eco-friendly and affordable
As per lamp shades market analysis, natural fiber shades, such as those made from bamboo, rattan, or jute, are gaining popularity among eco-conscious consumers seeking sustainable lighting solutions. These shades not only appeal to the growing demand for environmentally friendly products but also complement modern interior design aesthetics.
Plastic shades are also a popular choice among budget-conscious consumers due to their affordability, durability, and versatility. The advancement in plastic materials has led to innovative designs and color options. Fabric shades, including options like linen, cotton, or silk, are favoured for their soft lighting effects and ability to add warmth to a room. The use of fabric shades in lamp designs allows for customisation, with various patterns, textures, and colors to suit different interior styles.
Lamp Shades Market Report Snapshots
Lamp Shades Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the lamp shades market reached an approximate value of USD 31.75 billion.
The market is expected to grow at a CAGR of 6.9% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to USD 57.88 billion by 2032.
The major drivers of the market include the growing emphasis on interior decoration and the rising availability of diverse lamp shades on online retail and e-commerce platforms.
Key trends aiding market expansion include the increasing adoption of energy efficient lamp shades, introduction of novel styles and designs, and growing demand for interior décor items.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The significant distribution channels for lamp shades include supermarket/hypermarket, lighting stores, and online, among others.
Based on material, the market is divided into natural fibre shades, glass shades, plastic shades, fabric shades, and metal shades.
Key players in the market are W.N. deSherbinin Products Inc., Lake Shore Studios, New Brunswick Lamp Shade, Robert Franco Inc., Royal Designs, Inc., Kapoor Lampshades, J. HARRIS LAMPSHADES, Decor Harrogate, and Atelier ND Interior, among others.
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