Illuminating Urban Spaces: Key Insights from the 2024-2028 Street Furniture & Lighting Market Report

Street furniture and lighting products are integral to both urban and rural settings across the UK. The new Street Furniture & Lighting Market Report 2024-2028 delves into the demand primarily driven by local authorities, the predominant consumer group within these sectors.

To celebrate the launch, Editor of the report, Anne Williams has shared 5 key facts found in the report below.

Volume of Sales in Street Furniture

The total UK market for street furniture products was worth £428m in 2024, of which sales to local authorities were worth £329m, or around 77%.

Street Lighting Market Value

The UK street lighting market was worth £335m in 2024, up by around 2% from the previous year. The value figure includes materials, operating and maintenance costs and new/replacement projects.

Product Mix

In 2024, bollards and barriers accounted for a leading 24% of the street furniture products sector, ahead of cycle stands (21%) and benches/outdoor seating (21%).

Market Supply

The market is highly fragmented from a supply perspective, with most companies tending to specialize in a handful of product sectors.

Street Lighting and Furniture Market Forecast

During the period 2024-2028, annual growth is expected to average 3-4% for both the street furniture products and street lighting sectors.

Editor’s Quote

We asked Editor of the report, Anne Williams to comment on the current state of the street furniture and lighting report. She said:

“In 2024, the market value for street furniture was estimated at £428m, reflecting a broad range of applications beyond local authorities, including education, healthcare, and residential developments. Local authorities still dominate, though their share has slightly declined due to budget constraints and rising investment from other sectors.

The street lighting market, closely linked with safety and urban enhancement, was valued at £335m in 2024. This sector not only supports public safety but also boosts social and tourism activities in towns and cities. Overall, the report underscores the diverse and evolving landscape of street furniture and lighting markets, shaped by economic trends, governmental policies, and sustainability initiatives.”