Overview of the Market for Table, Bedside And Floor Lamp in Denmark
In value terms, table, bedside and floor lamp production fell modestly to $ in 2019 estimated in export prices. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of % year-to-year. Over the period under review, production hit record highs at $ in 2007; however, from 2008 to 2019, production failed to regain the momentum.
The size of the market for electric table, desk, bedside or floor standing lamp in Denmark rose slightly to $ in 2019, picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a measured increase from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -% against 2017 indices. The most prominent rate of growth was recorded in 2012 when the market value increased by % y-o-y. Table, bedside and floor lamp consumption peaked at $ in 2017; however, from 2018 to 2019, consumption remained at a lower figure.