India Portable Lamps Market Synopsis
The portable lamps segment accounts for approximately 20-26% of the total lighting market revenue share. The India portable lamps market size was estimated at Rs 5 crore - Rs 8 crore as per estimates form FY2024-20 and is expected to grow at a CAGR of 15?21%.
Market Drivers of the market
India portable lamps market, the key drivers include an increase in the number of households, rising consumer spending on home decor, and the need for portable lighting solutions during power outages. Portable lamps offer flexibility and convenience, making them popular among consumers and contributing to market growth.
Challenges of the Market
The portable lamps market has experienced an upswing, fueled by increasing consumer mobility and the need for portable lighting solutions. However, the reliance on conventional battery-powered lamps raises concerns about the environmental impact of disposable batteries, necessitating more sustainable power alternatives.
Covid-19 Impact on the Market
The portable lamps market in India experienced a downturn during the pandemic. As people spent more time at home, there was a shift in consumer preferences towards stationary lighting fixtures. This led to reduced demand for portable lamps.
Key Players of the Market
In the India portable lamps market, major key players include Philips Lighting India Ltd (Signify), Crompton Greaves Consumer Electricals Limited, Eveready Industries India Ltd, and Oreva.
Key Highlights of the Report:
- India Portable Lamps Market Outlook
- Market Size of India Portable Lamps Market, 2024
- Forecast of India Portable Lamps Market, 2031
- Historical Data and Forecast of India Portable Lamps Revenues & Volume for the Period 2021-2031
- India Portable Lamps Market Trend Evolution
- India Portable Lamps Market Drivers and Challenges
- India Portable Lamps Price Trends
- India Portable Lamps Porter's Five Forces
- India Portable Lamps Industry Life Cycle
- Historical Data and Forecast of India Portable Lamps Market Revenues & Volume By Product Type for the Period 2021-2031
- Historical Data and Forecast of India Portable Lamps Market Revenues & Volume By Halogen Lighting for the Period 2021-2031
- Historical Data and Forecast of India Portable Lamps Market Revenues & Volume By Metal Halide Lighting for the Period 2021-2031
- Historical Data and Forecast of India Portable Lamps Market Revenues & Volume By Incandescent Lighting for the Period 2021-2031
- Historical Data and Forecast of India Portable Lamps Market Revenues & Volume By Fluorescent Lighting for the Period 2021-2031
- Historical Data and Forecast of India Portable Lamps Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of India Portable Lamps Market Revenues & Volume By End-use for the Period 2021-2031
- Historical Data and Forecast of India Portable Lamps Market Revenues & Volume By Residential for the Period 2021-2031
- Historical Data and Forecast of India Portable Lamps Market Revenues & Volume By Commercial for the Period 2021-2031
- Historical Data and Forecast of India Portable Lamps Market Revenues & Volume By Industrial for the Period 2021-2031
- Historical Data and Forecast of India Portable Lamps Market Revenues & Volume By Price for the Period 2021-2031
- Historical Data and Forecast of India Portable Lamps Market Revenues & Volume By Low for the Period 2021-2031
- Historical Data and Forecast of India Portable Lamps Market Revenues & Volume By Medium for the Period 2021-2031
- Historical Data and Forecast of India Portable Lamps Market Revenues & Volume By High for the Period 2021-2031
- Historical Data and Forecast of India Portable Lamps Market Revenues & Volume By Distribution Channel for the Period 2021-2031
- Historical Data and Forecast of India Portable Lamps Market Revenues & Volume By Online for the Period 2021-2031
- Historical Data and Forecast of India Portable Lamps Market Revenues & Volume By Offline for the Period 2021-2031
- India Portable Lamps Import Export Trade Statistics
- Market Opportunity Assessment By Product Type
- Market Opportunity Assessment By End-use
- Market Opportunity Assessment By Price
- Market Opportunity Assessment By Distribution Channel
- India Portable Lamps Top Companies Market Share
- India Portable Lamps Competitive Benchmarking By Technical and Operational Parameters
- India Portable Lamps Company Profiles
- India Portable Lamps Key Strategic Recommendations