Product Code: ETC258752 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Bangladesh Bulb Market may undergo a gradual slowdown in growth rates between 2025 and 2029. Starting high at 46.82% in 2025, the market steadily declines to 8.47% by 2029.
Bangladesh's Bulb market is anticipated to experience a exponential growth rate of 34.98% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
In the realm of lighting, the bulb market in Bangladesh reflects the country`s transition towards energy-efficient lighting technologies. With initiatives aimed at phasing out inefficient incandescent bulbs and promoting LED lighting adoption, the market is witnessing a shift towards more sustainable and cost-effective lighting solutions. LED bulbs offer longer lifespan, lower energy consumption, and superior performance, aligning with Bangladesh sustainability goals and consumer preferences for eco-friendly products.
The bulb market in Bangladesh is witnessing steady growth, driven by factors such as urbanization, population growth, and government initiatives to promote energy-efficient lighting solutions. Consumers are gradually transitioning from traditional incandescent bulbs to more energy-efficient options such as LED bulbs. Additionally, the availability of affordable LED bulbs and their longer lifespan are contributing to market expansion.
The bulb market in Bangladesh faces challenges related to competition from cheaper alternatives, such as LED bulbs imported from neighboring countries. Quality control and consumer education about the benefits of energy-efficient bulbs are essential to overcome these challenges.
The Bangladesh government has been promoting energy-efficient lighting solutions as part of its efforts to reduce electricity consumption and mitigate environmental impact. Compact fluorescent lamps (CFLs) and light-emitting diode (LED) bulbs are gaining popularity due to their energy efficiency and longer lifespan. Government policies such as subsidies, awareness campaigns, and regulations phasing out inefficient bulbs are expected to drive the transition towards energy-efficient lighting in Bangladesh.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bangladesh Bulb Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Bulb Market Revenues & Volume, 2021 & 2031F |
3.3 Bangladesh Bulb Market - Industry Life Cycle |
3.4 Bangladesh Bulb Market - Porter's Five Forces |
3.5 Bangladesh Bulb Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Bangladesh Bulb Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bangladesh Bulb Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient lighting solutions in Bangladesh |
4.2.2 Government initiatives promoting the use of LED bulbs for energy conservation |
4.2.3 Growth in urbanization leading to higher demand for lighting products |
4.3 Market Restraints |
4.3.1 Lack of awareness about the benefits of LED bulbs among consumers |
4.3.2 Price sensitivity of the majority of the population in Bangladesh towards purchasing LED bulbs |
4.3.3 Availability of counterfeit or substandard bulbs in the market affecting consumer trust |
5 Bangladesh Bulb Market Trends |
6 Bangladesh Bulb Market, By Types |
6.1 Bangladesh Bulb Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Bulb Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Bangladesh Bulb Market Revenues & Volume, By Incandescent Bulbs, 2021-2031F |
6.1.4 Bangladesh Bulb Market Revenues & Volume, By Fluorescent Bulbs, 2021-2031F |
6.1.5 Bangladesh Bulb Market Revenues & Volume, By CFLs, 2021-2031F |
6.1.6 Bangladesh Bulb Market Revenues & Volume, By Halogens, 2021-2031F |
6.1.7 Bangladesh Bulb Market Revenues & Volume, By LEDs, 2021-2031F |
6.2 Bangladesh Bulb Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Bulb Market Revenues & Volume, By Lamps & Light Bulbs, 2021-2031F |
6.2.3 Bangladesh Bulb Market Revenues & Volume, By Operation Theatre (OT Instruments), 2021-2031F |
6.2.4 Bangladesh Bulb Market Revenues & Volume, By Torchlights and Flashlights, 2021-2031F |
6.2.5 Bangladesh Bulb Market Revenues & Volume, By Automobile Headlights, 2021-2031F |
6.2.6 Bangladesh Bulb Market Revenues & Volume, By Mining Headgears, 2021-2031F |
6.2.7 Bangladesh Bulb Market Revenues & Volume, By Others, 2021-2031F |
7 Bangladesh Bulb Market Import-Export Trade Statistics |
7.1 Bangladesh Bulb Market Export to Major Countries |
7.2 Bangladesh Bulb Market Imports from Major Countries |
8 Bangladesh Bulb Market Key Performance Indicators |
8.1 Average price of LED bulbs in the market |
8.2 Adoption rate of LED bulbs in residential and commercial sectors |
8.3 Energy savings achieved by the usage of LED bulbs in Bangladesh |
9 Bangladesh Bulb Market - Opportunity Assessment |
9.1 Bangladesh Bulb Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Bangladesh Bulb Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bangladesh Bulb Market - Competitive Landscape |
10.1 Bangladesh Bulb Market Revenue Share, By Companies, 2024 |
10.2 Bangladesh Bulb Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |