The market is dominated by foreign suppliers, as imports account for 52.0% of total market size in 2023. B2B drives market demand, with B2B spending representing 51.4% of total demand in 2023. Italy has the fifth largest market size for electric lamps and lighting equipment regionally, with demand reaching USD2.7 billion in 2023. iGuzzini Illuminazione SpA is the largest company in Italy, generating 5.3% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 18.2% of total production value in 2023. The total number of companies decreases in 2023, to 2,478 units. The costs of the industry decrease by 4.8% in 2023, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 9.8% of production value in 2023, the 20th highest regionally. The industry’s exports share decreases in 2023 to 61.5% of total production output. With production value of USD3.4 billion, Italy accounts for 14.0% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Electric Lamps and Lighting Equipment in Italy: 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 Italy: ISIC 315 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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