The market is dominated by foreign suppliers, as imports account for 79.9% of total market size in 2022. B2B drives market demand, with B2B spending representing 65.3% of total demand in 2022. The UK has the third largest market size for electric lamps and lighting equipment regionally, with demand reaching USD3.5 billion in 2022. Dextra Group Plc is the largest company in the UK, generating 8.0% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 25.1% of total production value in 2022. The total number of companies increases in 2022, to 1,836 units. The costs of the industry decrease by 5.1% in 2022, largely driven by declining labour costs. The industry’s profitability decreases and stands at 23.1% of production value in 2022, the third highest regionally. The industry’s exports share increases in 2022 to 60.4% of total production output. With production value of USD1.6 billion, the UK accounts for 7.3% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Electric Lamps and Lighting Equipment in the United Kingdom: 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 the United Kingdom: ISIC 315 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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