Illuminated Sign Market

Illuminated sign market: read the most recent info enhanced by an Ai-driven business intelligence platform. Datasets include imports, market size, trade, companies, production, exports, consumption, and market prices. Here is a breakdown by region, including China, the U.K., EU, the Middle East, Russia, Latin America, Africa, and the U.S. Market dynamics and outlook to 2030 are also featured in the reports.

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Illuminated Sign - World's Largest Markets

Rating	Country
1	United States
2	Japan
3	China
4	Germany
5	Italy

In value terms, the United States led the market, alone. The second position in the ranking was occupied by Japan. It was followed by China.

From 2018 to 2020, the average annual rate of growth in terms of value in the United States was relatively modest. In the other countries, the average annual rates were as follows: Japan (-2.0% per year) and China (+1.9% per year).

Illuminated Sign Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per unit			CAGR, 2018-2020
Turkey	11	11	9.5	-8.9%
Belarus	11	11	10	-3.3%
China	11	11	10	-5.1%
Malaysia	11	12	11	1.1%
Hungary	11	12	12	5.0%
Poland	14	13	13	-3.9%
Czech Republic	16	17	17	0.3%
Lithuania	17	17	17	0.5%
Spain	20	20	20	0.3%
Canada	24	23	24	-1.5%
France	25	28	26	3.3%
Germany	27	26	28	1.7%
Netherlands	32	32	35	4.9%
Average	17	17	16	-4.4%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the Netherlands ($35 per unit), while Turkey ($9.5 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Hungary, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per unit			CAGR, 2018-2020
Switzerland	29	30	37	11.6%
United States	24	23	27	5.4%
South Korea	22	20	24	3.2%
Norway	26	24	22	-7.9%
France	20	20	21	3.0%
Netherlands	16	18	18	6.2%
Germany	16	18	18	6.8%
Italy	17	17	18	2.4%
United Kingdom	16	15	16	-2.0%
Canada	18	19	16	-5.2%
Russia	14	15	16	4.0%
Spain	13	15	14	4.2%
Philippines	5	5.2	4.9	-0.9%
Average	18	18	17	-1.8%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Switzerland ($37 per unit), while the Philippines ($4.9 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Switzerland, while the other global leaders experienced more modest paces of growth.

Illuminated Sign - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
Germany	0.07	0.09	0.05	-13.8%
France	0.09	0.07	0.05	-28.1%
United States	0.2	0.2	0.05	-51.8%
Switzerland	0.05	0.04	0.04	-7.9%
United Kingdom	0.05	0.05	0.03	-21.1%

In value terms, Germany ($52M), France ($49M) and the United States ($46M) constituted the countries with the highest levels of imports in 2020, together accounting for 19% of global imports. Switzerland, the UK, Norway, the Netherlands, South Korea, Canada, Spain, Italy, Russia and the Philippines lagged somewhat behind, together accounting for a further 30%.

In terms of the main importing countries, the Philippines saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced mixed trends in the imports figures.

Illuminated Sign - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
China	0.3	0.3	0.3	-6.5%
Germany	0.1	0.1	0.1	-20.0%
Poland	0.06	0.06	0.05	-7.6%
Netherlands	0.04	0.04	0.04	-2.6%
France	0.05	0.05	0.04	-17.9%

In value terms, China ($296M) remains the largest illuminated sign supplier worldwide, comprising 30% of global exports. The second position in the ranking was occupied by Germany ($95M), with a 9.6% share of global exports. It was followed by Poland, with a 5.1% share.

From 2018 to 2020, the average annual rate of growth in terms of value in China totaled -6.5%. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (-20.0% per year) and Poland (-7.6% per year).

Illuminated Sign - Market Forecast

Driven by rising demand for illuminated sign worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.