Asia Pacific Lamps Market Size & Outlook, 2022-2030

The lamps market in Asia Pacific is expected to reach a projected revenue of US$ 8,642.4 million by 2030. A compound annual growth rate of 6% is expected of Asia Pacific lamps market from 2023 to 2030.
Revenue, 2022 (US$M)
$5,420.8
Forecast, 2030 (US$M)
$8,642.4
CAGR, 2023 - 2030
6%
Report Coverage
Asia Pacific

Asia Pacific lamps market highlights

  • The Asia Pacific lamps market generated a revenue of USD 5,420.8 million in 2022.
  • The market is expected to grow at a CAGR of 6% from 2023 to 2030.
  • In terms of segment, desk lamp was the largest revenue generating product in 2022.
  • Floor Lamp is the most lucrative product segment registering the fastest growth during the forecast period.


Asia Pacific data book summary

Market revenue in 2022USD 5,420.8 million
Market revenue in 2030USD 8,642.4 million
Growth rate6% (CAGR from 2022 to 2030)
Largest segmentDesk lamp
Fastest growing segmentFloor Lamp
Historical data covered2017 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDesk Lamp, Floor Lamp
Key market players worldwideKoninklijke Philips NV, OSRAM Licht AG, MillerKnoll Inc, Inter Ikea, Artemide, Haworth, Inc., Lutron Electronics, Koncept, OttLite Technologies


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 40.1% of the global lamps market in 2022.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 8,642.4 million by 2030.

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Lamps Market Companies

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Asia Pacific lamps market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to lamps market will help companies and investors design strategic landscapes.


Desk lamp was the largest segment with a revenue share of 52.39% in 2022. Horizon Databook has segmented the Asia Pacific lamps market based on desk lamp, floor lamp covering the revenue growth of each sub-segment from 2017 to 2030.


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  • Our clientele includes a mix of lamps market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific lamps market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific lamps market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Asia Pacific lamps market

Asia Pacific Lamps Market Outlook Share, 2022 & 2030 (US$M)

Asia Pacific lamps market

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