The market is dominated by foreign suppliers, as imports account for 67.7% of total market size in 2023. B2B drives market demand, with B2B spending representing 74.4% of total demand in 2023. Australia has the 13th largest market size for electric lamps and lighting equipment across the top 20 developed countries, with demand reaching USD2.2 billion in 2023. Gerard Lighting Group Ltd is the largest company in Australia, generating 18.7% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 28.0% of total production value in 2023. The total number of companies decreases in 2023, to 399 units. The costs of the industry decrease by 0.8% in 2023, largely driven by declining labour costs. The industry’s profitability decreases and stands at 17.0% of production value in 2023, the third highest across the top 20 developed countries. The industry’s exports share decreases in 2023 to 12.1% of total production output. With production value of USD680 million, Australia accounts for 79.2% of the Australasia total in 2023.
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This Euromonitor industrial report provides unique information on Electric Lamps and Lighting Equipment in Australia: 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 Australia: ISIC 315 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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