According to a market report by Lucintel, the future of the global outdoor lantern market looks promising with opportunities in the outdoor specialty store, supermarket, and online channel markets. The global outdoor lantern market is expected to grow with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are increasing demand for energy-efficient lighting solutions, government efforts encouraging the adoption of sustainable practices, and rising demand for aesthetic and functional outdoor lighting.
A more than 150-page report to understand trends, opportunity and forecast in outdoor lantern market to 2030 by type (led lanterns, battery-powered lanterns, solar lanterns, and others), application (outdoor specialty store, supermarket, and online channels), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, LED lantern is expected to witness the highest growth over the forecast period due to its energy efficiency and cost-effectiveness.
Within this application category, online channel segment is expected to witness the highest growth due to increasingly inclination towards online retailers for their outdoor lantern purchases.
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In terms of regions, North America is expected to witness the highest growth over the forecast period due to rapid urbanization and infrastructural development and growing focus towards outdoor living spaces in this region.
Primo, CopperSmith, Bevolo, Coleman, Snow Peak, Lightsource, Goal Zero are the major suppliers in the outdoor lantern market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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