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Global Floor Lamps Market Size, Share, Growth, Forecast: By Type: Arc Floor Lamps, Industrial Floor Lamps, Modern Floor Lamps, Tree Floor Lamps, Rustic Floor Lamps, Torchiere Floor Lamps, Classic Floor Lamps, Console Floor Lamps, Others; By Application; By Distribution Channel; Regional Analysis; Competitive Landscape; 2024-2032
Global Floor Lamps Market Outlook
The global floor lamps market size reached a value of approximately USD 4.23 billion in 2023. The market is further projected to grow at a CAGR of 4.1% between 2024 and 2032, reaching a value of USD 6.05 billion by 2032.
Key Trends in the Market
Floor lamp is a tall electric lamp that is attached to a base resting on the ground that can balance out the brightness produced by the ceiling lights by illuminating an individual’s eye-level area. It is often used as a standalone lighting solution, focusing on a particular spot in the room and requires no professional help for installation.
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- The rising population and growing urbanisation have led to rapid increase in the construction of residential and commercial buildings and hotels, which in turn is leading to a rise in sales of floor lamps across the globe.
- The popularity of LED lights owing to their ability to consume less energy and produce more light has encouraged manufacturers to develop new LED lighting technologies for utilisation in floor lamps, further enhancing the floor lamps market demand.
- The key players in the market are increasingly investing towards developing innovative and novel floor lamps with advanced lighting technologies. They are also focused towards boosting their lifespans and increasing their durability, which is likely to further boost the adoption of floor lamps for various commercial and industrial applications.
Market Analysis
Based on type, the market is divided into arc floor lamps, industrial floor lamps, modern floor lamps, tree floor lamps, rustic floor lamps, torchiere floor lamps, classic floor lamps, and console floor lamps, among others. On the basis of application, the market is segmented into commercial, household, and industrial. By distribution channel, the market is categorised into online and offline. On the basis of region, the market is segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter’s five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global floor lamps market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- IKEA Group
- VENINI S.p.A.
- Lumens (YDesign Group, LLC)
- Koninklijke Philips N.V
- Baulmann Leuchten GmbH
- Panasonic Corporation
- ANTA Leuchten Kristian Kracht
- The White Teak Company (Obgenix Software Pvt. Ltd)
- CB2 (Euromarket Designs, Inc.)
- Adesso Inc.
- Others
Market Share by Type
The arc floor lamps are anticipated to account for a significant share in the market owing to the increasing utilisation of these lamps for creating a mid-century modern ambience at homes. These floor lamps are known for providing harmony and warmth in the room they are placed in and are excellent for studying, working, and reading. The ability of arc lamps to provide indirect lighting while taking up very little space is another major factor boosting the growth of the segment and aiding the floor lamps market expansion.
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Market Share by Region
North America held a significant share of the market as it is one of the largest producer and consumer of floor lamps across the globe. High disposable incomes of the North American population allow them to purchase products like floor lamps to create a better ambience at home. Additionally, the strong presence of key market players in the region and the rising focus of manufacturers on designing innovative and better quality products to meet the customer requirements are further aiding the floor lamps market growth in North America.
Competitive Landscape
IKEA Group was founded in 1943 and is headquartered in Delft, Netherlands. The retail company develops, designs, manufactures, and sells well-designed, high quality, functional and affordable home furnishing products.
VENINI S.p.A. is a design service company that was founded in 1921. The company is headquartered in Venice, Italy and is known for providing consumers with glass, Murano glass, and sculptures, among others.
Lumens (YDesign Group, LLC) was established in 2001 and has its headquarters located in California, United States. The retail company specialises in FLOS lighting, modern outdoor furniture, and modern office furniture, among others.
Other players in the floor lamps market include Koninklijke Philips N.V, Baulmann Leuchten GmbH, Panasonic Corporation, ANTA Leuchten Kristian Kracht, The White Teak Company (Obgenix Software Pvt. Ltd), CB2 (Euromarket Designs, Inc.), and Adesso Inc., among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Application |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Floor Lamps Market Analysis
8.1 Key Industry Highlights
8.2 Global Floor Lamps Historical Market (2018-2023)
8.3 Global Floor Lamps Market Forecast (2024-2032)
8.4 Global Floor Lamps Market by Type
8.4.1 Arc Floor Lamps
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Industrial Floor Lamps
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Modern Floor Lamps
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Tree Floor Lamps
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Rustic Floor Lamps
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Torchiere Floor Lamps
8.4.6.1 Historical Trend (2018-2023)
8.4.6.2 Forecast Trend (2024-2032)
8.4.7 Classic Floor Lamps
8.4.7.1 Historical Trend (2018-2023)
8.4.7.2 Forecast Trend (2024-2032)
8.4.8 Console Floor Lamps
8.4.8.1 Historical Trend (2018-2023)
8.4.8.2 Forecast Trend (2024-2032)
8.4.9 Others
8.5 Global Floor Lamps Market by Application
8.5.1 Commercial
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Household
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Industrial
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.6 Global Floor Lamps Market by Distribution Channel
8.6.1 Online
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Offline
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Others
8.7 Global Floor Lamps Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Floor Lamps Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Floor Lamps Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Floor Lamps Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Floor Lamps Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Floor Lamps Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Trade Data Analysis (HS Code - 940520)
15.1 Major Importing Countries
15.1.1 By Volume
15.1.2 By Value
15.2 Major Exporting Countries
15.2.1 By Volume
15.2.2 By Value
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 IKEA Group
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 VENINI S.p.A.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Lumens (YDesign Group, LLC)
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Koninklijke Philips N.V
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Baulmann Leuchten GmbH
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Panasonic Corporation
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 ANTA Leuchten Kristian Kracht
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 The White Teak Company (Obgenix Software Pvt. Ltd)
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 CB2 (Euromarket Designs, Inc.)
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Adesso Inc.
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Floor Lamps Market: Key Industry Highlights, 2018 and 2032
2. Global Floor Lamps Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Floor Lamps Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Floor Lamps Historical Market: Breakup by Application (USD Billion), 2018-2023
5. Global Floor Lamps Market Forecast: Breakup by Application (USD Billion), 2024-2032
6. Global Floor Lamps Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
7. Global Floor Lamps Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
8. Global Floor Lamps Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Floor Lamps Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Floor Lamps Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Floor Lamps Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Floor Lamps Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Floor Lamps Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Floor Lamps Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Floor Lamps Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Floor Lamps Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Floor Lamps Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Floor Lamps Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Floor Lamps Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Major Importing Countries by Volume
21. Major Exporting Countries by Volume
22. Major Importing Countries by Value
23. Major Exporting Countries by Value
24. Global Floor Lamps Market Structure
Key Questions Answered in the Report
The market reached a value of approximately USD 4.23 billion in 2023.
The market is projected to grow at a CAGR of 4.1% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 6.05 billion by 2032.
The major drivers of the market include rising requirements from residential sector, increasing emphasis on ambience, and increasing utilisation by hotels.
The key trends of the market include increasing residential and commercial construction activities and rapid development of floor lamps with advanced and innovative features.
The significant applications of floor lamps include commercial, household, and industrial.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The key players in the floor lamps market are IKEA Group, VENINI S.p.A., Lumens (YDesign Group, LLC), Koninklijke Philips N.V, Baulmann Leuchten GmbH, Panasonic Corporation, ANTA Leuchten Kristian Kracht, The White Teak Company (Obgenix Software Pvt. Ltd), CB2 (Euromarket Designs, Inc.), and Adesso Inc., among others.
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