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Outdoor Lantern Trends and Forecast
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 is developed to help in your business decisions. Sample figures with some insights are shown below.
Outdoor Lantern by Segment
The study includes a forecast for the global outdoor lantern by type, application, and region.
Outdoor Lantern Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Led Lanterns
• Battery-Powered Lanterns
• Solar Lanterns
• Others
Outdoor Lantern Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Outdoor Specialty Store
• Supermarket
• Online Channels
Outdoor Lantern Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Outdoor Lantern Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies outdoor lantern companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the outdoor lantern companies profiled in this report include-
• Primo
• Coppersmith
• Bevolo
• Coleman
• Snow Peak
• Lightsource
• Goal Zero
Outdoor Lantern Market Insights
Lucintel forecasts that led lantern is expected to witness the highest growth over the forecast period due to its energy efficiency and cost-effectiveness.
Within this market, online channel is expected to witness the highest growth due to increasingly inclination towards online retailers for their outdoor lantern purchases.
North America is expected to witness highest growth over the forecast period due to rapid urbanization and infrastructural development and growing focus towards outdoor living spaces in this region.
Features of the Global Outdoor Lantern Market
Market Size Estimates: Outdoor lantern market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Outdoor lantern market size by type, application, and region in terms of value ($B).
Regional Analysis: Outdoor lantern market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the outdoor lantern market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the outdoor lantern market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for outdoor lantern market?
Answer: The global outdoor lantern market is expected to grow with a CAGR of 6.5% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the outdoor lantern market?
Answer: 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.
Q3. What are the major segments for outdoor lantern market?
Answer: The future of the outdoor lantern market looks promising with opportunities in the outdoor specialty store, supermarket, and online channel markets.
Q4. Who are the key outdoor lantern market companies?
Answer: Some of the key outdoor lantern companies are as follows:
• Primo
• Coppersmith
• Bevolo
• Coleman
• Snow Peak
• Lightsource
• Goal Zero
Q5. Which outdoor lantern market segment will be the largest in future?
Answer: Lucintel forecasts that led lantern is expected to witness the highest growth over the forecast period due to its energy efficiency and cost-effectiveness.
Q6. In outdoor lantern market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to rapid urbanization and infrastructural development and growing focus towards outdoor living spaces in this region.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the outdoor lantern market 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)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Outdoor Lantern Market, Outdoor Lantern Market Size, Outdoor Lantern Market Growth, Outdoor Lantern Market Analysis, Outdoor Lantern Market Report, Outdoor Lantern Market Share, Outdoor Lantern Market Trends, Outdoor Lantern Market Forecast, Outdoor Lantern Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Outdoor Lantern Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Outdoor Lantern Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Outdoor Lantern Market by Type
3.3.1: LED Lanterns
3.3.2: Battery-Powered Lanterns
3.3.3: Solar Lanterns
3.3.4: Others
3.4: Global Outdoor Lantern Market by Application
3.4.1: Outdoor Specialty Store
3.4.2: Supermarket
3.4.3: Online Channels
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Outdoor Lantern Market by Region
4.2: North American Outdoor Lantern Market
4.2.2: North American Outdoor Lantern Market by Application: Outdoor Specialty Store, Supermarket, and Online Channels
4.3: European Outdoor Lantern Market
4.3.1: European Outdoor Lantern Market by Type: LED Lanterns, Battery-Powered Lanterns, Solar Lanterns, and Others
4.3.2: European Outdoor Lantern Market by Application: Outdoor Specialty Store, Supermarket, and Online Channels
4.4: APAC Outdoor Lantern Market
4.4.1: APAC Outdoor Lantern Market by Type: LED Lanterns, Battery-Powered Lanterns, Solar Lanterns, and Others
4.4.2: APAC Outdoor Lantern Market by Application: Outdoor Specialty Store, Supermarket, and Online Channels
4.5: ROW Outdoor Lantern Market
4.5.1: ROW Outdoor Lantern Market by Type: LED Lanterns, Battery-Powered Lanterns, Solar Lanterns, and Others
4.5.2: ROW Outdoor Lantern Market by Application: Outdoor Specialty Store, Supermarket, and Online Channels
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Outdoor Lantern Market by Type
6.1.2: Growth Opportunities for the Global Outdoor Lantern Market by Application
6.1.3: Growth Opportunities for the Global Outdoor Lantern Market by Region
6.2: Emerging Trends in the Global Outdoor Lantern Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Outdoor Lantern Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Outdoor Lantern Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Primo
7.2: CopperSmith
7.3: Bevolo
7.4: Coleman
7.5: Snow Peak
7.6: Lightsource
7.7: Goal Zero
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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