All this points to the efficiency of the loudspeaker as being quite important overall
However, this now requires "all other things being equal" in speaker design. It is generally not as easy to find a full range speaker of 100+ db SPL with acoustical performance that is competitive with the many speakers designed between 85 to 91 db sensitivity. (Generally designers equalize drivers downwards to achieve a desirable acoustical performance (crossovers etc.) because the raw driver output is rarely flat and smooth on and off axis acros the frequency range.