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Global LED Lanterns Market by Type (Plastic, Metal, Others), By Application (Specialty Retail, General Retail) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: CG-214
  • Author: Up Market Research
  • Rating: 4.7
  • Total Reviews: 61
  • No. Of Pages: 225
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  • Pub. Date: 2021-03-01
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The Global LED Lanterns Market size has been projected to grow at a CAGR of 6.2% during the forecast period, 2021-2028. The global demand for LED lanterns was valued at USD 1,173 million in 2016 and is expected to reach USD 2,002 million by 2028. Major drivers of this market include the increasing need for light sources that are eco-friendly and low energy consumption as well as raising awareness about environmental issues such as climate change and pollution which have led people to switch from traditional light sources to more environment-friendly options like LEDs.


An LED lantern is a battery-operated portable light, often cylindrical in shape that emits illumination using LEDs. Lanterns are mostly available with rechargeable batteries or by the use of AA alkaline cells and can be powered either via AC/DC adaptors or USB cables.

LED lanterns use less power than other forms of lighting such as incandescent (traditional) or CFL lamps. LED lights are also generally more durable, lasting longer, and requiring little maintenance in contrast with the others. They are a popular choice for disaster relief operations because they can be used without being plugged into an external electricity supply.


On the basis of Type, the market is segmented into Metal Lanterns and Plastic Lanterns, and Others. Among these two types, metal lanterns are expected to grow at a faster rate during the forecast period due to their higher longevity in comparison with plastic ones.


Metal Lantern:

Metal LED lanterns are popular for outdoor camping and emergency use. The metal is usually made from lightweight aluminum, which makes them easy to carry around in the backpack or store inside a piece of luggage. Steel can also be used as an alternative material - but it will not conduct heat very well.

Metal lanterns are popular for outdoor camping and emergency use. They can be easily carried around in the backpack or store inside a piece of luggage, which is not necessarily true about glass or plastic LED lanterns. The metal also conducts heat better than steel does.


Plastic Lantern:

Many companies use plastic lanterns for outdoor events and festivals because they are inexpensive, easy to transport, plus have a long shelf life. Plastic lanterns can be made from recycled materials such as milk bottles or water jugs which are good for the environment and many even come with their own power source so you don't need batteries. Some of these products claim that there's no flame involved in providing light.

Plastics are lightweight, durable, and affordable; hence this type of lantern has become popular among customers on account of its lower price range as compared to metal lamps which have higher prices due to their durability features. By product type, plastic-type accounted for more than half (55%) share globally in 2015 owing to cheaper pricing against other types like metal or others. Plastic also had a 41% share in terms of volume sales across all regions.

The primary drawback to a plastic LED lantern is its lack of durability compared with metal or glass varieties. Plus if it breaks during transit, then you'll have pieces all over your hands and clothes that will require cleaning up before the event even starts.



The other category includes various types of unique materials such as wood or concrete which are used in making these products for niche markets.


On the basis of Application, the market has been segmented into the Specialty Retail sector and General Retail sector. The specialty retail industry for this product type includes camping stores among others which offer specialty outdoor products as they cater to customers who spend more time outdoors than usual residents. The global general retail industry holds an important share in terms of revenue generation because it caters mostly to household needs such as lighting or decorating indoors when required. Hence various players across different regions have adopted different marketing strategies to comply with customer needs accordingly.


On the basis of Region, the market is segmented across North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American market region is anticipated to register the fastest growth rate during the forecast period owing to its relatively lower penetration of LED lanterns. Initially, this industry was idea-led and focused on developing markets but it has now shifted focus towards developed countries with higher per capita spending capacity. The major players in this market have been focusing their investments more on innovation than marketing. As a result, there are newer trends such as environment-friendliness and energy efficiency that can be witnessed across all regions globally.


Up Market Research published a new report titled “LED Lanterns Market research report which is segmented by Types (Plastic, Metal, Others), By Applications (Specialty Retail, General Retail), By Players/Companies Etekcity, Suaoki, Cree, UCO Gear, Internova, Streamlight, Nite Ize”. 


Report Scope

Report Attributes Report Details
Report Title LED Lanterns Market Research Report
By Type Plastic, Metal, Others
By Application Specialty Retail, General Retail
By Companies Etekcity, Suaoki, Cree, UCO Gear, Internova, Streamlight, Nite Ize
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 225
Number of Tables & Figures 158
Customization Available Yes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global LED Lanterns Industry Outlook

Global LED Lanterns Market Report Segments:

The market is segmented by Type Plastic, Metal, Others and By Application Specialty Retail, General Retail.


Some of the companies that are profiled in this report are:

  1. Etekcity
  2. Suaoki
  3. Cree
  4. UCO Gear
  5. Internova
  6. Streamlight
  7. Nite Ize

LED Lanterns Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the LED Lanterns Market

Overview of the regional outlook of the LED Lanterns Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

LED Lanterns Market Overview

Highlights of The LED Lanterns Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of LED Lanterns Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Plastic

                2. Metal

                3. Others

       7. By Application:

                1. Specialty Retail

                2. General Retail

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the LED Lanterns Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

LED Lanterns Market Statistics

Reasons to Purchase the LED Lanterns Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 LED Lanterns Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 LED Lanterns Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 LED Lanterns Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the LED Lanterns Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global LED Lanterns Market Size & Forecast, 2018-2028 
      4.5.1 LED Lanterns Market Size and Y-o-Y Growth 
      4.5.2 LED Lanterns Market Absolute $ Opportunity 

Chapter 5 Global LED Lanterns Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 LED Lanterns Market Size Forecast by Type
      5.2.1 Plastic
      5.2.2 Metal
      5.2.3 Others
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global LED Lanterns Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 LED Lanterns Market Size Forecast by Applications
      6.2.1 Specialty Retail
      6.2.2 General Retail
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global LED Lanterns Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 LED Lanterns Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America LED Lanterns Analysis and Forecast
   9.1 Introduction
   9.2 North America LED Lanterns Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America LED Lanterns Market Size Forecast by Type
      9.6.1 Plastic
      9.6.2 Metal
      9.6.3 Others
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America LED Lanterns Market Size Forecast by Applications
      9.10.1 Specialty Retail
      9.10.2 General Retail
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe LED Lanterns Analysis and Forecast
   10.1 Introduction
   10.2 Europe LED Lanterns Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe LED Lanterns Market Size Forecast by Type
      10.6.1 Plastic
      10.6.2 Metal
      10.6.3 Others
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe LED Lanterns Market Size Forecast by Applications
      10.10.1 Specialty Retail
      10.10.2 General Retail
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific LED Lanterns Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific LED Lanterns Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific LED Lanterns Market Size Forecast by Type
      11.6.1 Plastic
      11.6.2 Metal
      11.6.3 Others
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific LED Lanterns Market Size Forecast by Applications
      11.10.1 Specialty Retail
      11.10.2 General Retail
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America LED Lanterns Analysis and Forecast
   12.1 Introduction
   12.2 Latin America LED Lanterns Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America LED Lanterns Market Size Forecast by Type
      12.6.1 Plastic
      12.6.2 Metal
      12.6.3 Others
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America LED Lanterns Market Size Forecast by Applications
      12.10.1 Specialty Retail
      12.10.2 General Retail
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) LED Lanterns Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) LED Lanterns Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) LED Lanterns Market Size Forecast by Type
      13.6.1 Plastic
      13.6.2 Metal
      13.6.3 Others
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) LED Lanterns Market Size Forecast by Applications
      13.10.1 Specialty Retail
      13.10.2 General Retail
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 LED Lanterns Market: Competitive Dashboard
   14.2 Global LED Lanterns Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Etekcity
      14.3.2 Suaoki
      14.3.3 Cree
      14.3.4 UCO Gear
      14.3.5 Internova
      14.3.6 Streamlight
      14.3.7 Nite Ize
Segments Covered in the Report
The global LED Lanterns market has been segmented based on

By Types
  • Plastic
  • Metal
  • Others
By Applications
  • Specialty Retail
  • General Retail
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Etekcity
  • Suaoki
  • Cree
  • UCO Gear
  • Internova
  • Streamlight
  • Nite Ize

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