Switched off: The growing prevalence of e-tailers will continue to cause industry revenue to fall

The Lamp and Lighting Stores industry is composed of retail shops that specialize in the sale of lighting equipment and fixtures. 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. Even so, over the past five years, rising competition, particularly from e-tailers, has plagued industry operators, forcing many out of the industry despite rising residential construction activity and per capita disposable income levels. Thus, over the five years to 2018, revenue for the industry has declined...purchase to read more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Despite improving demand conditions, the industry remains fragmented and competitive
  • Despite positive macroeconomic conditions, however, internal and external competition intensified
  • Consumer sentiment and household discretionary spending are projected to remain on the rise
  • Industry Report - Industry Investment Chapter

    This industry exhibits low capital intensity as measured by depreciation expenses relative to wage expenses. In 2018, IBISWorld expects the industry to spend $0.10 on depreciation for every $1.00 spent on wages. Labor is needed for customer service, maintaining store displays, processing consumer purchases and maintaining computer systems. Meanwhile, capital use is usually limited to software and computer systems. Industry players have instituted computer scanning technology, which has simplified labor tasks and minimized the level of human error in purchase processing. Point-of-sale (POS) systems have enabled operators to organize their inventory, resulting in better stock control and cost savings. Still, IBISWorld expects capital intensity to remain low through 2023...purchase to read more.

    Additional Insights for the Lamp & Lighting Stores Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Lamp & Lighting Stores Industry are

  • Ability to control stock on hand
  • Proximity to key markets
  • Attractive product presentation
  • IBISWorld analysts also discuss how external factors such as Value of residential construction and Per capita disposable income in the Lamp & Lighting Stores industry impact industry performance..

    shopping_cartPURCHASE OPTIONS

    What's in this report

    What is the Lamp & Lighting Stores Industry?

    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.

    Industry Products
  • Lamps
  • Indoor lighting fixtures
  • Outdoor lighting fixtures
  • Industry Activities
  • Retailing indoor lighting fixtures
  • Retailing outdoor lighting fixtures
  • Retailing lamps
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Value of residential construction
  • Per capita disposable income
  • commerce sales
  • Number of adults aged 20 to 64

  • Current Performance
  • Residential demand
  • Rising competition
  • Industry landscape
  • Chart: Revenue Growth

  • Industry Outlook
  • Homeowners drive demand
  • Competition intensity
  • Industry landscape
  • Table: Lamp & Lighting Stores Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Lamp & Lighting Stores Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Home Furnishing Wholesaling

  • Products & Services
  • Lamps
  • Indoor lighting fixtures
  • Outdoor lighting fixtures
  • Chart: Lamp & Lighting Stores Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Consumers aged 55 to 64
  • Consumers aged 45 to 54
  • Consumers aged 35 to 44
  • Consumers aged 25 to 34
  • Consumers aged over 65
  • Consumers aged under 25
  • Chart: Major Market Segmentation for the Lamp & Lighting Stores Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWages and depreciationOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Lamp & Lighting Stores

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Lamp & Lighting Stores Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Lamp & Lighting Stores Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Lamp & Lighting Stores Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Value of residential construction (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • A decorative, sometimes ornate, light fixture suspended from a ceiling, usually having branched supports for a number of lights.
  • Pendant
  • A hanging electrical lighting fixture
  • Radio Frequency Identification (Rfid)
  • A technology that tracks products from the time they leave the assembly line to the time they leave the store by releasing continuous signals from a chip.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Lamp & Lighting Stores Industry Research Report contains up-to-date data and analysis, allowing you to identify the strengths and potential weaknesses of major companies in the industry. Build your credibility with clients and prospects by sharing insights into the current and emerging trends driving their industry. Our market research gives you the tools to win new business and keep existing clients.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Lamp & Lighting Stores:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Lamp & Lighting Stores market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Lamp & Lighting Stores, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Want to speak to a representative? Call us.