The global lamps market reached around USD 16.23 Billion in 2025. The market is projected to grow at a CAGR of 14.21% between 2026 and 2035 to reach nearly USD 61.29 Billion by 2035.
Base Year
Historical Period
Forecast Period
During 2020-2025, Mauritius’ home furnishing industry is expected to grow by 202.19%, thereby resulting in increased lamp sales.
Globally, lamps consumed 15% of overall electricity while producing 5% of greenhouse gases in 2022.
According to the adjusted US Census Bureau data, home furnishing and furniture sales reached USD 13 billion in January 2023.
Compound Annual Growth Rate
14.21%
Value in USD Billion
2026-2035
*this image is indicative*
| Global Lamps Market Report Summary | Description | Value |
| Base Year | USD Billion | 2025 |
| Historical Period | USD Billion | 2019-2025 |
| Forecast Period | USD Billion | 2026-2035 |
| Market Size 2025 | USD Billion | 16.23 |
| Market Size 2035 | USD Billion | 61.29 |
| CAGR 2019-2025 | Percentage | XX% |
| CAGR 2026-2035 | Percentage | 14.21% |
| CAGR 2026-2035 - Market by Region | Asia Pacific | 7.1% |
| CAGR 2026-2035 - Market by Country | India | 8.2% |
| CAGR 2026-2035 - Market by Country | China | 6.8% |
| CAGR 2026-2035 - Market by Type | Decorative Lamp | 6.1% |
| CAGR 2026-2035 - Market by Application | Commercial/Hospitality | 6.8% |
| Market Share by Country 2025 | USA | XX% |
As per the United Nations, nearly 50% of the average age of the planet’s population is expected to reach 25-64 years by 2100. Increasing levels of digital literacy and smartphone access are expected to drive the growth of e-commerce channels across various industries, including home furnishing items like lamps.
In 2023, the total revenue of home furniture e-commerce reached $415 billion, which is expected to grow to $455.4 billion by 2025 and beyond. China and the United States account for a substantial portion of the revenue of the global furnishing industry (at $181.8 billion and $ 87.4 billion respectively). However, developing countries like Egypt, Niger, and Guyana are expected to witness a surge in the number of online platforms for home furniture sales.
The Middle East and Africa is expected to emerge as a frontrunner in the market for lamps over the forecast period. The demand for home furnishings in Guyana is expected to increase by 532.44% between 2020 and 2025, which can be closely followed by Niger (250.50%), Egypt (246.02%), Ethiopia (220.67%), Gabon (213.70), Guinea (208.89%), and Suriname (203.26%). This can be attributed to the development of an affluent middle class, the availability of improved logistical facilities for shipping, and increased trade flows due to the signing of international free-trade agreements.
Global Lamps Market Report and Forecast 2026-2035 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product
Market Breakup by Type
Market Breakup by Application
Market Breakup by Region
| CAGR 2026-2035 - Market by | Country |
| India | 8.2% |
| China | 6.8% |
| Canada | 5.2% |
| Australia | 4.8% |
| USA | 4.5% |
| UK | XX% |
| Germany | XX% |
| France | XX% |
| Italy | XX% |
| Japan | 4.3% |
| Saudi Arabia | XX% |
| Brazil | XX% |
| Mexico | XX% |
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Over the forecast period, the Asia Pacific is expected to grow at a CAGR of 7.1% due to the anticipated growth of its hospitality sector.
With the evolving trends in interior home design, major lamp manufacturers are adopting new designs, which cater to different consumer preferences.
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The market reached nearly USD 16.23 Billion in 2025.
The market is projected to grow at a CAGR of 14.21% between 2026 and 2035.
The market is assessed to witness healthy growth in the forecast period to reach around USD 61.29 Billion in 2035.
The different products in the market are desk lamps and floor lamps, among others.
The different types of lamps in the market are reading lamps and decorative lamps.
The different applications of lamps include residential/retail and commercial/hospitality.
The different regions covered in the market report are the North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
The key market players are Signify N.V., MillerKnoll Inc., ams OSRAM AG, Inter IKEA Holding B.V., Artemide S.p.A, Pablo Inc., Lutron Electronics Co., Inc., Koncept Inc., OttLite Technologies, Inc., and Flos B&B Italia Group S.p.A., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Type |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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