Market Forecast By Source (Incandescent, Fluorescent, LED & OLED), By Product (Ceiling, Pendant & Chandeliers, Wall Mounted, Portable, Others), By Distribution Channel (Offline, Online), By Application (Residential, Commercial) And Competitive Landscape
Product Code: ETC372152 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Bangladesh Lighting Fixtures Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 14.16% in 2025 and reaches 17.19% by 2029.
The Lighting Fixtures market in Bangladesh is projected to grow at a high growth rate of 14.86% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
Bangladesh Lighting Fixtures Market report thoroughly covers the market by source, by product, by distribution channel, and by application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Bangladesh lighting fixtures market is estimated to gain traction underpinned by the country moves towards energy-efficient and sustainable solutions. The demand for advanced lighting fixtures is supported by rapid urbanization, the growing real estate sector, and the rising need for energy-efficient lighting systems. Further, the government's measures to boost energy efficiency and conservation have contributed to the market growth. The use of LaaS enables customers to save money on lighting installations and maintenance costs while enjoying the benefits of advanced lighting solutions.
According to 6Wresearch, the Bangladesh Lighting Fixtures Market size is estimated to grow at a CAGR of 9.5% during the forecast period 2025-2031. The market growth is supported by various aspects such as the rapid urbanization, which has resulted in the construction of commercial and residential buildings. Furthermore, the increasing demand for smart lighting solutions, rising energy prices, and the rising need for energy-efficient lighting systems, have boosted the demand for advanced lighting technologies. Furthermore, the government is promoting energy-efficient lighting systems, such as the launch of the Energy Efficiency and Conservation Program, have surged the demand for energy-efficient lighting solutions. On the other hand, some challenges that can affect the Bangladesh Lighting Fixtures industry such as the lack of awareness of energy-efficient lighting solutions and cheaper imported products, which may hinder the quality. Nevertheless, some trends are estimated to shape the market growth, including the growing development of smart lighting solutions and the use of lighting as a service (LaaS). The emergence of the Internet of Things (IoT) has resulted in the development of connected lighting systems, which can be easily controlled and monitored through smartphones and other smart devices.
The government of the country has implemented various measures to boost energy-efficient lighting systems. These measures include the Energy Efficiency and Conservation Program, which emphasizes on raising awareness about energy efficiency, encouraging the use of energy-efficient lighting systems in households and industries, and setting guidelines for energy-intensive industries to reduce energy consumption. The government has decreased the import duties and taxes on LED lighting products to boost their adoption.
The Bangladesh lighting fixtures market has several players operating in the market include Shinepukur Lighting Limited, Elite Lighting Solutions, Philips Lighting Bangladesh Limited, and Osram Bangladesh Limited. These companies provide a spectrum range of lighting solutions for residential, commercial, and industrial applications.
According to Dhaval, Research Manager, 6Wresearch, LED is leading in the market underpinned by their various factors’ energy efficiency and longer lifespan. Therefore, lighting companies in Bangladesh must focus on LED technology, keeping in mind that this is the future of Lighting fixtures in the country.
Based on the distribution channel, the online distribution channel segment is growing in the Bangladesh lighting fixtures market with consumers prefer convenience of shopping from home and a wider range of products.
In terms of application, the residential application of lighting fixtures is leading in the Bangladesh lighting fixtures market. The demand for well-lit and safe residential areas continues to grow, resulting in a higher demand for outdoor residential lighting fixtures.
The report offers a comprehensive study of the subsequent market segments:
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 Lighting Fixtures Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Lighting Fixtures Market Revenues & Volume, 2021 & 2031F |
3.3 Bangladesh Lighting Fixtures Market - Industry Life Cycle |
3.4 Bangladesh Lighting Fixtures Market - Porter's Five Forces |
3.5 Bangladesh Lighting Fixtures Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Bangladesh Lighting Fixtures Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Bangladesh Lighting Fixtures Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Bangladesh Lighting Fixtures Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bangladesh Lighting Fixtures Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and industrialization in Bangladesh leading to a higher demand for lighting fixtures. |
4.2.2 Government initiatives promoting energy-efficient lighting solutions to reduce electricity consumption. |
4.2.3 Growing awareness about the importance of good lighting in enhancing productivity and well-being. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the cost of manufacturing lighting fixtures. |
4.3.2 Lack of skilled labor for the installation and maintenance of lighting systems. |
4.3.3 Competition from alternative lighting technologies such as LED bulbs and solar lighting solutions. |
5 Bangladesh Lighting Fixtures Market Trends |
6 Bangladesh Lighting Fixtures Market Segmentations |
6.1 Bangladesh Lighting Fixtures Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Lighting Fixtures Market Revenues & Volume, By Incandescent, 2021-2031F |
6.1.3 Bangladesh Lighting Fixtures Market Revenues & Volume, By Fluorescent, 2021-2031F |
6.1.4 Bangladesh Lighting Fixtures Market Revenues & Volume, By LED & OLED, 2021-2031F |
6.2 Bangladesh Lighting Fixtures Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Lighting Fixtures Market Revenues & Volume, By Ceiling, 2021-2031F |
6.2.3 Bangladesh Lighting Fixtures Market Revenues & Volume, By Pendant & Chandeliers, 2021-2031F |
6.2.4 Bangladesh Lighting Fixtures Market Revenues & Volume, By Wall Mounted, 2021-2031F |
6.2.5 Bangladesh Lighting Fixtures Market Revenues & Volume, By Portable, 2021-2031F |
6.2.6 Bangladesh Lighting Fixtures Market Revenues & Volume, By Others, 2021-2031F |
6.3 Bangladesh Lighting Fixtures Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Bangladesh Lighting Fixtures Market Revenues & Volume, By Offline, 2021-2031F |
6.3.3 Bangladesh Lighting Fixtures Market Revenues & Volume, By Online, 2021-2031F |
6.4 Bangladesh Lighting Fixtures Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Bangladesh Lighting Fixtures Market Revenues & Volume, By Residential, 2021-2031F |
6.4.3 Bangladesh Lighting Fixtures Market Revenues & Volume, By Commercial, 2021-2031F |
7 Bangladesh Lighting Fixtures Market Import-Export Trade Statistics |
7.1 Bangladesh Lighting Fixtures Market Export to Major Countries |
7.2 Bangladesh Lighting Fixtures Market Imports from Major Countries |
8 Bangladesh Lighting Fixtures Market Key Performance Indicators |
8.1 Energy efficiency ratings of lighting fixtures adopted in Bangladesh. |
8.2 Number of government projects incorporating energy-efficient lighting solutions. |
8.3 Adoption rate of smart lighting technologies in commercial and residential buildings. |
9 Bangladesh Lighting Fixtures Market - Opportunity Assessment |
9.1 Bangladesh Lighting Fixtures Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Bangladesh Lighting Fixtures Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Bangladesh Lighting Fixtures Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Bangladesh Lighting Fixtures Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bangladesh Lighting Fixtures Market - Competitive Landscape |
10.1 Bangladesh Lighting Fixtures Market Revenue Share, By Companies, 2024 |
10.2 Bangladesh Lighting Fixtures Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |