{"id":27242,"date":"2025-02-03T16:10:01","date_gmt":"2025-02-03T08:10:01","guid":{"rendered":"https:\/\/newsbites.hktdc.com\/?p=27242"},"modified":"2025-02-12T10:36:50","modified_gmt":"2025-02-12T02:36:50","slug":"lighting-survey","status":"publish","type":"post","link":"https:\/\/newsbites.hktdc.com\/lighting\/lighting-survey\/","title":{"rendered":"Lighting Industry Remains Bright Despite Challenges"},"content":{"rendered":"\t\t
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The global lighting market is characterized by optimism, according to the latest HKTDC survey conducted during the Hong Kong International Lighting Fair<\/em>\u00a0and the Hong Kong International Outdoor and Tech Light Expo<\/em> in October last year. The 710 exhibitors and buyers at the autumn edition of the lighting fairs expressed optimism over the industry outlook.<\/p>

Learn More:<\/p>

Electronics Trade Gaining Traction through 2025<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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How Positive Are Lighting Buyers and Suppliers on the Industry Prospect?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Majority of respondents remain optimistic on the industry performance in 2025. While 39% anticipate short\u2011term sales growth in next 6 to 12 months, an impressive 61% predict further growth in the medium term (12\u201124 months).<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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What Business Opportunities Exist for Lighting Products?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Among the greatest potential for growth is the adoption of new technology<\/strong>, cited by 43% of respondents. Other major opportunities include recovering purchasing power from customers (37%), enhancing customers\u2019 purchase experiences (25%), rising demands from emerging markets (25%) and business leads driven from e\u2011tailing (24%).<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Which Lighting Categories Will Be the Most Popular?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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With regard to lighting product categories, smart lighting and solutions<\/strong><\/a> \u2013 including lighting devices controlled by Wi-Fi or mobile apparatus \u2013 were identified by 32% of respondents as having the highest growth potential in 2025, followed by residential lighting<\/strong><\/a> (30%) and LED lighting<\/strong><\/a> (28%).<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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How Will E-Commerce Reshape Lighting Business?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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There is an increasing trend in lighting trade shifting from offline to online<\/span>, adopting an omnichannel approach. Online sales continue to be a crucial distribution channel for the lighting industry, with 48% of respondents reporting online sales activity.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Summary<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Lighting traders see potential in a number of popular product categories such as smart lighting products, residential lighting and LED lighting. They also foresee a significant increase in e-commerce activities.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Full survey findings, including respondents\u2019 profiles, can be accessed via the link below:<\/p>

Lighting Industry Illuminates the Future<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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E-commerce continues to rise as shown in the above survey findings \u2013 source quality lights, among other products, on our e-Marketplace now:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Join our upcoming trade fairs in person to try out the products yourself:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\n\t\t\t\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

The global lighting market is characterized by optimism, according to the latest HKTDC survey conducted during the Hong Kong International Lighting Fair\u00a0and the Hong Kong … <\/p>\n","protected":false},"author":28,"featured_media":27243,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[389,24,366,416,414,3],"tags":[],"class_list":["post-27242","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buyer-surveys","category-events","category-fairs","category-lighting-fairs","category-lighting","category-markets"],"yoast_head":"\nLighting Industry Remains Bright Despite Challenges - HKTDC Newsbites<\/title>\n<meta name=\"description\" content=\"The global lighting market is characterized by optimism, according to the latest HKTDC survey conducted during the Hong Kong International Lighting\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sourcing.hktdc.com\/newsbites\/lighting\/lighting-survey\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lighting Industry Remains Bright Despite Challenges - 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