For Southeast Asian exporters in the lighting category, the year 2025 presented a confusing picture. On one hand, Alibaba.com data shows that the total trade value for the category plummeted by 12.85% compared to the previous year. This stark decline would typically signal a contracting market, prompting many to consider retrenchment or diversification. However, a deeper dive into the buyer behavior metrics reveals a completely different story. The number of active buyers (AB) on our platform actually increased by 29.1% during the same period, and the average number of orders per product listing surged by over 70% [1].
This contradiction—the coexistence of falling revenue and rising buyer engagement—points to a fundamental shift in the market's structure, not its size. The primary culprit is an explosion of new sellers. Our data shows that the number of sellers in this category grew by a staggering 68.35% in 2025 [1]. This massive influx has created a hyper-competitive environment, particularly in the most visible and searched-for segments like 'solar panel' and 'monocrystalline solar panel'. The result is a brutal price war that has driven down average order values, even as more buyers are looking to purchase.

