Outdoor Lantern Market Report: Trends, Forecast and Competitive Analysis to 2030

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.

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?