The market is dominated by domestic suppliers, as imports account for 29.1% of total market size in 2022. B2B drives market demand, with B2B spending representing 95.1% of total demand in 2022. Brazil has the largest market size for electric lamps and lighting equipment regionally, with demand reaching USD1.9 billion in 2022. Philips Eletrônica do Nordeste SA is the largest company in Brazil, generating 13.4% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 33.8% of total production value in 2022. The total number of companies decreases in 2022, to 1,058 units. The costs of the industry increase by 9.3% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 8.6% of production value in 2022, the fourth highest regionally. The industry’s exports share increases in 2022 to 0.9% of total production output. With production value of USD901 million, Brazil accounts for 25.3% of the Latin America total in 2022.
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This Euromonitor industrial report provides unique information on Electric Lamps and Lighting Equipment in Brazil: ISIC 315. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Electric Lamps and Lighting Equipment in Brazil: ISIC 315 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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