World - Electric Filament Lamps - Market Analysis, Forecast, Size, Trends and Insights
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The global electric filament lamp market is expected to experience continued growth from 2022 to 2030, with consumption, production, imports, and exports all showing positive trends. China leads the way in both consumption and production, while the United States is a key importer. Prices and volumes vary among different countries, with notable growth rates seen in Mexico, the Philippines, and Slovakia. Overall, the market is forecasted to reach a volume of 22B units and a value of $16.5B by 2030.
Market Forecast
Driven by increasing demand for electric filament lamps worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +3.0% for the period from 2022 to 2030, which is projected to bring the market volume to 22B units by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +4.2% for the period from 2022 to 2030, which is projected to bring the market value to $16.5B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Electric Filament Lamps
In 2022, consumption of electric filament lamps increased by 42% to 18B units, rising for the second year in a row after two years of decline. The total consumption volume increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak volume and is likely to continue growth in the immediate term.
The global electric filament lamp market value skyrocketed to $11.9B in 2022, with an increase of 30% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +4.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
Consumption By Country
The country with the largest volume of electric filament lamp consumption was China (7.4B units), accounting for 42% of total volume. Moreover, electric filament lamp consumption in China exceeded the figures recorded by the second-largest consumer, the United States (1.8B units), fourfold. Mexico (1.5B units) ranked third in terms of total consumption with an 8.6% share.
In China, electric filament lamp consumption expanded at an average annual rate of +12.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United States (-1.3% per year) and Mexico (+25.9% per year).
In value terms, China ($4B) led the market, alone. The second position in the ranking was held by Mexico ($2B). It was followed by the United States.
In China, the electric filament lamp market expanded at an average annual rate of +12.3% over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of market growth: Mexico (+25.9% per year) and the United States (+1.1% per year).
The countries with the highest levels of electric filament lamp per capita consumption in 2022 were Mexico (11 units per person), the Philippines (9.1 units per person) and Russia (6.5 units per person).
From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of +24.5%), while consumption for the other global leaders experienced more modest paces of growth.
Production
World Production of Electric Filament Lamps
In 2022, global production of electric filament lamps reduced to 24B units, declining by -7.3% compared with the previous year's figure. Over the period under review, production, however, showed a modest expansion. The pace of growth appeared the most rapid in 2018 when the production volume increased by 109%. Over the period under review, global production hit record highs at 26B units in 2021, and then declined in the following year.
In value terms, electric filament lamp production contracted to $15B in 2022 estimated in export price. In general, production, however, continues to indicate a notable increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by 90% against the previous year. Over the period under review, global production reached the peak level at $16.1B in 2021, and then contracted in the following year.
Production By Country
China (19B units) constituted the country with the largest volume of electric filament lamp production, comprising approx. 77% of total volume. Moreover, electric filament lamp production in China exceeded the figures recorded by the second-largest producer, the United States (1.3B units), more than tenfold. Russia (871M units) ranked third in terms of total production with a 3.6% share.
In China, electric filament lamp production increased at an average annual rate of +2.8% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: the United States (+11.4% per year) and Russia (+19.6% per year).
Imports
World Imports of Electric Filament Lamps
In 2022, overseas purchases of electric filament lamps increased by 4.1% to 6.5B units, rising for the second year in a row after two years of decline. Over the period under review, imports, however, saw a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 41%. Global imports peaked at 13B units in 2012; however, from 2013 to 2022, imports remained at a lower figure.
In value terms, electric filament lamp imports shrank to $1.1B in 2022. In general, imports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 8.5%. Over the period under review, global imports attained the maximum at $2.7B in 2012; however, from 2013 to 2022, imports failed to regain momentum.
Imports By Country
In 2022, Mexico (1.5B units), distantly followed by the Philippines (971M units), the United States (499M units), Indonesia (458M units), Germany (449M units) and India (342M units) were the key importers of electric filament lamps, together making up 65% of total imports. The following importers - Pakistan (157M units), China (152M units), Brazil (126M units) and France (114M units) - each finished at an 8.5% share of total imports.
From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of +53.7%), while purchases for the other global leaders experienced more modest paces of growth.
In value terms, the United States ($191M) constitutes the largest market for imported electric filament lamps worldwide, comprising 17% of global imports. The second position in the ranking was taken by Germany ($75M), with a 6.6% share of global imports. It was followed by Mexico, with a 3.4% share.
From 2012 to 2022, the average annual rate of growth in terms of value in the United States totaled -11.0%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (-9.8% per year) and Mexico (-7.1% per year).
Import Prices By Country
In 2022, the average electric filament lamp import price amounted to $0.2 per unit, which is down by -12.6% against the previous year. Overall, the import price recorded a mild curtailment. The most prominent rate of growth was recorded in 2013 an increase of 28% against the previous year. Global import price peaked at $0.3 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($0.4 per unit), while Pakistan (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+5.5%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Electric Filament Lamps
In 2022, global electric filament lamp exports dropped sharply to 13B units, which is down by -33.8% against the previous year. Overall, exports recorded a perceptible descent. The most prominent rate of growth was recorded in 2018 with an increase of 370% against the previous year. Over the period under review, the global exports reached the maximum at 22B units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.
In value terms, electric filament lamp exports reduced to $1B in 2022. In general, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 10%. Over the period under review, the global exports reached the maximum at $2.2B in 2012; however, from 2013 to 2022, the exports failed to regain momentum.
Exports By Country
China prevails in exports structure, finishing at 12B units, which was approx. 87% of total exports in 2022. The following exporters - Germany (422M units) and Slovakia (231M units) - together made up 4.9% of total exports.
China experienced a relatively flat trend pattern with regard to volume of exports of electric filament lamps. At the same time, Slovakia (+2.0%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing exporter exported in the world, with a CAGR of +2.0% from 2012-2022. By contrast, Germany (-6.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China increased by +31 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($452M) remains the largest electric filament lamp supplier worldwide, comprising 44% of global exports. The second position in the ranking was taken by Germany ($96M), with a 9.3% share of global exports.
In China, electric filament lamp exports declined by an average annual rate of -2.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Germany (-8.4% per year) and Slovakia (+2.0% per year).
Export Prices By Country
The average electric filament lamp export price stood at $0.1 per unit in 2022, with an increase of 36% against the previous year. In general, the export price, however, saw a noticeable shrinkage. The pace of growth appeared the most rapid in 2015 when the average export price increased by 164% against the previous year. Over the period under review, the average export prices hit record highs at $0.5 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($0.2 per unit), while China (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (-0.1%), while the other global leaders experienced a decline in the export price figures.
This report provides an in-depth analysis of the global electric filament lamp market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27401300 - Filament lamps of a power . .200 W and for a voltage > .100 V including reflector lamps (excluding ultraviolet, infrared lamps, t ungsten halogen filament lamps and sealed beam lamp units)
- Prodcom 27401460 - Filament lamps for motorcycles or other motor vehicles excluding sealed beam lamp units, tungsten halogen lamps
- Prodcom 27401490 - Filament lamps n.e.c.
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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In 2016, the amount of lamp imported worldwide amounted to X tons, lowering by -X% against the previous year figure. Overall, lamp imports continue to indicate a moderate decrease. The pace of ...
In 2016, the amount of lamp imported worldwide amounted to X tons, lowering by -X% against the previous year figure. Overall, lamp imports continue to indicate a moderate decrease. The pace of ...
Germany held the second spot in the global trade of electric filament, discharge lamps and arc lamps. In 2014, Germany exported X thousand tons of electric filament, discharge lamps and arc lamps totaling X million USD, X% under the previous y