Mexico Lamps Market Size & Outlook, 2022-2030

The lamps market in Mexico is expected to reach a projected revenue of US$ 355.4 million by 2030. A compound annual growth rate of 3.7% is expected of Mexico lamps market from 2023 to 2030.
Revenue, 2022 (US$M)
$264.7
Forecast, 2030 (US$M)
$355.4
CAGR, 2023 - 2030
3.8%
Report Coverage
Mexico

Mexico lamps market highlights

  • The Mexico lamps market generated a revenue of USD 264.7 million in 2022 and is expected to reach USD 355.4 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 3.7% 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.


Lamps market data book summary

Market revenue in 2022USD 264.7 million
Market revenue in 2030USD 355.4 million
Growth rate3.7% (CAGR from 2022 to 2030)
Largest segmentDesk lamp
Fastest growing segmentFloor Lamp
Historical data2017 - 2021
Base year2022
Forecast period2023 - 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, Mexico accounted for 2.0% of the global lamps market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. lamps market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 317.7 million by 2030.

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Lamps Market Companies

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Mexico 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 51.61% in 2022. Horizon Databook has segmented the Mexico lamps market based on desk lamp, floor lamp covering the revenue growth of each sub-segment from 2017 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico lamps market , including forecasts for subscribers. This country databook contains high-level insights into Mexico lamps market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico lamps market size, by product, 2017-2030 (US$M)

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

Mexico lamps market size, by product, 2017-2030 (US$M)

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