Lamp & Lighting Stores
The Lamp and Lighting Stores industry comprises retail shops that specialize in the sale of lighting equipment and fixtures. Industry operators sell products including lamps, chandeliers, ceiling lights, landscape lights and deck lights. The majority of industry products are purchased by homeowners looking to furnish their houses or to redecorate and remodel. Consequently, demand moves with the levels of residential construction and consumer spending, which both have increased significantly during the current five-year period. The majority of lamp and lighting stores are small, family-owned and localized, serving a nearby residential market. In addition to internal competition between operators, the industry experiences external competition from mass merchandisers and online retailers. Although the industry will still struggle amid rising external competition over the five years to 2024, industry operators are expected to benefit from further investment in residential construction and remodeling throughout the period.
Operators in this industry are specialized retailers of lamps and lighting fixtures, for indoor and outdoor use. This industry excludes non-specialty retailers of lamps and lights such as home department stores.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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