| Product Code: ETC10290570 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Bulgaria continued to heavily rely on imports of solid state lighting and fluorescent lighting, with top exporters being China, Poland, Russia, Turkey, and the USA. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated Market Top 5 Importing Countries and Market Competition (HHI) Analysis . However, the industry experienced a significant decline with a CAGR of -16.4% from 2020 to 2024 and a sharp growth rate decrease of -40.15% from 2023 to 2024. This suggests challenges and potential shifts in the Market Top 5 Importing Countries and Market Competition (HHI) Analysis dynamics, highlighting the need for strategic adaptation and innovative approaches for sustainable growth in the Bulgarian lighting import sector.

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 Bulgaria Solid State Lighting and Fluorescent Lighting Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Solid State Lighting and Fluorescent Lighting Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Solid State Lighting and Fluorescent Lighting Market - Industry Life Cycle |
3.4 Bulgaria Solid State Lighting and Fluorescent Lighting Market - Porter's Five Forces |
3.5 Bulgaria Solid State Lighting and Fluorescent Lighting Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Bulgaria Solid State Lighting and Fluorescent Lighting Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Bulgaria Solid State Lighting and Fluorescent Lighting Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Bulgaria Solid State Lighting and Fluorescent Lighting Market Revenues & Volume Share, By Light Technology, 2021 & 2031F |
4 Bulgaria Solid State Lighting and Fluorescent Lighting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient lighting solutions |
4.2.2 Government initiatives promoting the adoption of solid state lighting |
4.2.3 Technological advancements leading to higher efficiency and longer lifespan of solid state lighting |
4.3 Market Restraints |
4.3.1 High initial costs of solid state lighting technology |
4.3.2 Limited consumer awareness and education about the benefits of solid state lighting |
4.3.3 Competition from traditional lighting technologies like fluorescent lighting |
5 Bulgaria Solid State Lighting and Fluorescent Lighting Market Trends |
6 Bulgaria Solid State Lighting and Fluorescent Lighting Market, By Types |
6.1 Bulgaria Solid State Lighting and Fluorescent Lighting Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Solid State Lighting and Fluorescent Lighting Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Bulgaria Solid State Lighting and Fluorescent Lighting Market Revenues & Volume, By Solid State Lighting, 2021 - 2031F |
6.1.4 Bulgaria Solid State Lighting and Fluorescent Lighting Market Revenues & Volume, By Fluorescent Lighting, 2021 - 2031F |
6.1.5 Bulgaria Solid State Lighting and Fluorescent Lighting Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.1.6 Bulgaria Solid State Lighting and Fluorescent Lighting Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Bulgaria Solid State Lighting and Fluorescent Lighting Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Solid State Lighting and Fluorescent Lighting Market Revenues & Volume, By General Lighting, 2021 - 2031F |
6.2.3 Bulgaria Solid State Lighting and Fluorescent Lighting Market Revenues & Volume, By Automotive Lighting, 2021 - 2031F |
6.2.4 Bulgaria Solid State Lighting and Fluorescent Lighting Market Revenues & Volume, By Industrial Lighting, 2021 - 2031F |
6.2.5 Bulgaria Solid State Lighting and Fluorescent Lighting Market Revenues & Volume, By Specialty Lighting, 2021 - 2031F |
6.3 Bulgaria Solid State Lighting and Fluorescent Lighting Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria Solid State Lighting and Fluorescent Lighting Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.3 Bulgaria Solid State Lighting and Fluorescent Lighting Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3.4 Bulgaria Solid State Lighting and Fluorescent Lighting Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3.5 Bulgaria Solid State Lighting and Fluorescent Lighting Market Revenues & Volume, By Outdoor, 2021 - 2031F |
6.4 Bulgaria Solid State Lighting and Fluorescent Lighting Market, By Light Technology |
6.4.1 Overview and Analysis |
6.4.2 Bulgaria Solid State Lighting and Fluorescent Lighting Market Revenues & Volume, By LED, 2021 - 2031F |
6.4.3 Bulgaria Solid State Lighting and Fluorescent Lighting Market Revenues & Volume, By OLED, 2021 - 2031F |
6.4.4 Bulgaria Solid State Lighting and Fluorescent Lighting Market Revenues & Volume, By Laser, 2021 - 2031F |
6.4.5 Bulgaria Solid State Lighting and Fluorescent Lighting Market Revenues & Volume, By Quantum Dot, 2021 - 2031F |
7 Bulgaria Solid State Lighting and Fluorescent Lighting Market Import-Export Trade Statistics |
7.1 Bulgaria Solid State Lighting and Fluorescent Lighting Market Export to Major Countries |
7.2 Bulgaria Solid State Lighting and Fluorescent Lighting Market Imports from Major Countries |
8 Bulgaria Solid State Lighting and Fluorescent Lighting Market Key Performance Indicators |
8.1 Energy savings achieved through the adoption of solid state lighting |
8.2 Number of government projects incorporating solid state lighting solutions |
8.3 Adoption rate of solid state lighting in commercial and residential buildings |
8.4 Percentage of total lighting market share held by solid state lighting |
8.5 Number of research and development activities focused on improving solid state lighting technology |
9 Bulgaria Solid State Lighting and Fluorescent Lighting Market - Opportunity Assessment |
9.1 Bulgaria Solid State Lighting and Fluorescent Lighting Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Bulgaria Solid State Lighting and Fluorescent Lighting Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Bulgaria Solid State Lighting and Fluorescent Lighting Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Bulgaria Solid State Lighting and Fluorescent Lighting Market Opportunity Assessment, By Light Technology, 2021 & 2031F |
10 Bulgaria Solid State Lighting and Fluorescent Lighting Market - Competitive Landscape |
10.1 Bulgaria Solid State Lighting and Fluorescent Lighting Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Solid State Lighting and Fluorescent Lighting Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here