Wholesale Lamps

The United States lamp and lighting industry is growing fast, with a 3.81% CAGR projected through 2028.

In 2023, it generated revenue of $30 billion, thanks to a growing interest in lighting. But, there's more to come in the lamp business.

As a retailer or wholesaler, if you're thinking of selling lamps, here are some good reasons to jump in:

Lots of Different Customers – Lamp sellers can target a diverse customer base, not just regular people but also restaurants, designers, and businesses. That means more chances to sell lamps to different kinds of buyers.

Lucrative Profit Margins – Selling lamps can be really profitable. Wholesale sellers can make up to 25% profit, while retailers can make even more – up to 50%! That means it is a lucrative business, especially for retailers.

To capitalize on this niche and make informed decisions, you must understand different types of lamps.

Popular Lamp Types: Making an Informed Decision

An all-around catalog can attract more customers, so retail businesses should stock up on various types of lamps.

Lamps may vary by materials (ceramic, glass, metal, wood, plastic, etc.) and different types. These include:

• Buffet lamps
• Arc lamps
• Gooseneck lamps
• Tripod lamps
• Swing arm lamps
• Piano lamps
• Boom arm lamps
• Tree lamps
• Torchiere floor lamps

Hottest Lamp Styles: Improving Product Catalog

Wabi-Sabi-Inspired Designs

Inspired by Japanese culture, these lamps combine aesthetics and imperfections. They are made from organic and natural materials, so they are gaining more acceptance from eco-conscious customers.

Kathy Kuo, founder of Kathy Kuo Home, predicted that Wabi-sabi lamps are set to be big in 2024.

For retail businesses, the message is clear: stock up on these distinctive lamps to cater to clientele passionate about buying art and sculpture lamps.

Functional Lamps

The best examples of functional lamps are dimmable and portable. With dimmable lamps, consumers can create different ambiances suitable for day or night.

Portable lamps are suitable for taking everywhere. That is why dimmable and portable solutions have become more popular than ever, so retail businesses can leverage their high market demand.

Sustainable Styles

Sustainable lamps, crafted from materials like grass, bamboo, rattan, palm leaves, and ceramics, are reshaping the lighting industry.

Buyers are drawn not just to their aesthetic charm but also to their eco-friendly footprint. As more consumers become eco-conscious, sustainable lamps have become a popular choice for those seeking a greener glow in their living spaces.

Capitalizing on this niche can help retail businesses target customers dreaming about green homes.

Lastly, the lamp designs you choose should align with your business requirements. Before buying wholesale lamps, consider the following factors to assess them:

Top Tips: Choosing the Right Lamps

Product Quality

Before making bulk purchases, request a few lamps to assess the quality of the products. Test lamps’ performance, light color, temperature, finish, etc.

Energy Efficiency

Opt for durable and energy-efficient lamps. For instance, LED bulbs are more energy-efficient and have a longer lifespan than incandescent bulbs.

Warranty and Return Policy

Check the warranty and return policy of the supplier. It is helpful in case of receiving damaged or defective products.

Market Trends

Keep an eye on current market trends and consider sourcing products that are popular among your audiences.

Compliance and Regulations

The lamps you choose must adhere to safety and environmental regulations. Some U.S. states enforce RoHS lighting compliance to ensure safety from heavy metals.

Also, you can check certificates such as Underwriter Laboratories (UL) or ENERGY STAR, where applicable.

Besides that, you must not buy products that are banned in your state or country. For instance, the U.S. banned incandescent bulbs in July 2023 and prohibited retailers from selling them.