Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 34.5 Billion | USD 69.1 Billion | 7.2% | 2024 |
FrequentlyAsked Questions
A lamp shade is a fixture that surrounds the light bulb and redirects the light it generates. The shade is frequently mounted to a light fixture to lessen the intensity of the light for viewers, to protect the light from hostile surroundings, or to decorate by changing the color or producing shadows.
The lamp shades market is being driven by several factors such as home décor & interior design trends, increasing disposable incomes, especially in emerging economies, urbanization & construction growth, e-commerce/online retail expansion, and sustainability & eco-friendly materials.
The volatile nature of raw materials is hampering the lamp shades industry over the projected period.
Based on the application, the commercial segment is expected to dominate the lamp shades market growth during the projected period.
The increasing e-commerce and rising urbanization, particularly in developing areas, pose a major impact factor for the lamp shades industry's growth over the projected period.
According to the report, the global lamp shades market size was worth around USD 34.5 billion in 2024 and is predicted to grow to around USD 69.1 billion by 2034.
The global lamp shades market is expected to grow at a CAGR of 7.2% during the forecast period.
The global lamp shades industry growth is expected to be driven by the North American region. It is currently the world’s highest-revenue-generating market, thanks to the presence of major players and growing e-commerce.
The global lamp shades market is dominated by players like W.N. DE SHERBININ Products, Inc., Royal Designs, Inc., Décor Harrogate, Robert Franco, Inc., Atelier Winter, New Brunswick Lamp Shade, Lampshades of Florida, J.Harris Lampshades, Lakeshore Studios, Kapoor Lamp Shades, Zufolo Designs Pvt. Ltd, Mahal Lamp Shades, cottonsandsatins, SAK Lighting Company, Newport Lamp & Shade Company, The Victoria Lampshade Shop, The Shade Shop, Janna Ugone & Co., and Premier Lampshades, among others.
The lamp shades market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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