Global Chandelier Market Size Report Size, Trends & Growth Opportunity, By Product (Traditional, Transitional, Modern), By Material (Crystal, Glass and Coloured Glass, Wood, Metal, Others), By Lighting Direction (Uplight, Downlight, Cluster, Pendant), By Distribution Channel (Offline, Online), By Application (Residential, Commercial) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & South Africa) And Forecast Till 2030.
Report ID : IR1002448 | Industries : Chemicals & Materials | Published On :June 2024 | Page Count : 230
Global Chandelier Market Size Report Size, Trends & Growth Opportunity, By Product (Traditional, Transitional, Modern), By Material (Crystal, Glass and Coloured Glass, Wood, Metal, Others), By Lighting Direction (Uplight, Downlight, Cluster, Pendant), By Distribution Channel (Offline, Online), By Application (Residential, Commercial) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & South Africa) And Forecast Till 2030.
Global Chandelier Market
At a CAGR of 4.02% from 2023 to 2030, the global chandelier market is expected to grow from USD 8 billion in 2022 to USD 11.58 billion by 2030.
Chandeliers are aesthetically pleasing and beautiful hanging light fixtures that can be fixed on walls or ceilings and have numerous branches for lighting. Since the Middle Ages, chandeliers have gained popularity and even served as light sources in their early stages. Different types of bulbs have now replaced these early iterations of chandeliers. Chandeliers are primarily utilised to improve a space's appearance by bringing elegance and light. These lighting fixtures are typically found in opulent and upscale lodging establishments, affluent and royal residences, and other commercial locations. They are frequently linked to luxurious living.
Market Drivers
The market's growth rate is anticipated to be driven by the expanding use of chandeliers to enhance the ambiance of commercial spaces. Ambience is greatly influenced by lighting in commercial settings like malls, retail stores, libraries, hotels, restaurants, pubs, event halls, museums, and wedding venues. The market will develop over the forecast period as a result of the increased focus on lighting systems in such commercial establishments.
As consumer lifestyles change, more luxury home construction is anticipated to fuel market expansion. Additionally, as a status and wealth symbol, chandeliers are projected to become more popular due to the rise in the number of luxurious homes. During the forecast period, it is anticipated that this aspect would aid in the market's expansion.
Market Restraints
During the timeline, it is anticipated that the difficulties with chandelier installation will impede market expansion. Additionally, the rise in the investment cost of chandeliers may pose additional obstacles to the expansion of the chandelier industry in the near future.
Market Segmentation
The Global Chandelier Market is segmented into Product (Traditional, Transitional, Modern),), Material (Crystal, Glass and Coloured Glass, Wood, Metal, Others), Lighting Direction (Uplight, Downlight, Cluster, Pendant), Distribution Channel (Offline, Online), Application (Residential, Commercial) and Region (North America, Europe, Asia Pacific, Latin America, Middle East & South Africa).
Regional Analysis
Increasing numbers of hotels, retail centres, and restaurants have led to North America dominating the chandelier business in terms of sales and market share. Additionally, a significant amount will accelerate the development of the chandelier market in this area.
Due to the rise in the number of shopping malls in developing countries, Asia-Pacific is predicted to experience the fastest growth during the projected period. Additionally, it is anticipated that rising interest in luxurious interiors for both residential and commercial spaces would further fuel market expansion in the area.
Key Players
The Key Players in the Global Chandelier Market are Myran Allan Luxury Lighting, Jaquar, Maxim Lighting, Worldwide Lighting Corp., Vanguard Lighting Co. Ltd., Nike, Inc., American Brass & Crystal, DolanDesigns, Koninklijke Philips N.V., Gemini Cut Glass Company, Inc.
Market Taxonomy
Product
• Traditional
• Transitional
• Modern
Material
• Crystal
• Glass and Coloured Glass
• Wood
• Metal
• Others
Lighting Direction
• Uplight
• Downlight
• Cluster
• Pendant
Distribution Channel
• Offline
• Online
Application
• Residential
• Commercial
Regional Outlook
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and South Africa
Global Chandelier Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Chandelier Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Chandelier Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Chandelier Market Share Analysis, By Product
5.3 Global Chandelier Market Size and Forecast, By Product
5.3.1 Traditional
5.3.2 Transitional
5.3.3 Modern
6 Global Chandelier Market, By Material
6.1 Y-o-Y Growth Comparison, By Material
6.2 Global Chandelier Market Share Analysis, By Material
6.3 Global Chandelier Market Size and Forecast, By Material
6.3.1 Crystal
6.3.2 Glass and Coloured Glass
6.3.3 Wood
6.3.4 Metal
6.3.5 Others
7 Global Chandelier Market, By Lighting Direction
7.1 Y-o-Y Growth Comparison, By Lighting Direction
7.2 Global Chandelier Market Share Analysis, By Lighting Direction
7.3 Global Chandelier Market Size and Forecast, By Lighting Direction
7.3.1 Uplight
7.3.2 Downlight
7.3.3 Cluster
7.3.4 Pendant
8 Global Chandelier Market, By Distribution Channel
8.1 Y-o-Y Growth Comparison, By Distribution Channel
8.2 Global Chandelier Market Share Analysis, By Distribution Channel
8.3 Global Chandelier Market Size and Forecast, By Distribution Channel
8.3.1 Offline
8.3.2 Online
9 Global Chandelier Market, By Application
9.1 Y-o-Y Growth Comparison, By Application
9.2 Global Chandelier Market Share Analysis, By Application
9.3 Global Chandelier Market Size and Forecast, By Application
9.3.1 Residential
9.3.2 Commercial
10 Global Chandelier Market, By Region
10.1 Global Chandelier Market Share Analysis, By Region
10.2 Global Chandelier Market Share Analysis, By Region
10.3 Global Chandelier Market Size and Forecast, By Region
11 North America Chandelier Analysis and Forecast (2023 -2030)
11.1 Introduction
11.2 North America Chandelier Market Share Analysis, By Product
11.3 North America Chandelier Market Size and Forecast, By Material
11.4 North America Chandelier Market Size and Forecast, By Lighting Direction
11.5 North America Chandelier Market Size and Forecast, By Distribution Channel
11.5 North America Chandelier Market Size and Forecast, By Application
11.6 North America Chandelier Market Size and Forecast, By Country
11.6.1 U.S.
11.6.2 Canada
11.6.3 Mexico
12 Europe Chandelier Market Analysis and Forecast (2023 -2030)
12.1 Introduction
12.2 Europe Chandelier Market Share Analysis, By Product
12.3 Europe Chandelier Market Size and Forecast, By Material
12.4 Europe Chandelier Market Size and Forecast, By Lighting Direction
12.5 Europe Chandelier Market Size and Forecast, By Distribution Channel
12.6 Europe Chandelier Market Size and Forecast, By Application
12.7. Europe Chandelier Market Size and Forecast, By Country
12.7.1 Germany
12.7.2 France
12.7.3 UK
12.7.4. Rest of Europe
13 Asia Pacific Chandelier Market Analysis and Forecast (2023 -2030)
13.1 Introduction
13.2 Asia Pacific Chandelier Market Share Analysis, By Product
13.3 Asia Pacific Chandelier Market Size and Forecast, By Material
13.4 Asia Pacific Chandelier Market Size and Forecast, By Lighting Direction
13.5 Asia Pacific Chandelier Market Size and Forecast, By Distribution Channel
13.6 Asia Pacific Chandelier Market Size and Forecast, By Application
13.7 Asia Pacific Chandelier Market Size and Forecast, By Country
13.7.1 China
13.7.2 Japan
13.7.3 India
13.7.4. Rest of Asia Pacific
14 Latin America Chandelier Market Analysis and Forecast (2023 -2030)
14.1 Introduction
14.2 Latin America Chandelier Market Share Analysis, By Product
14.3 Latin America Chandelier Market Size and Forecast, By Material
14.4 Latin America Chandelier Market Size and Forecast, By Lighting Direction
14.5 Latin America Chandelier Market Size and Forecast, By Distribution Channel
14.6 Latin America Chandelier Market Size and Forecast, By Application
14.7 Latin America Chandelier Market Size and Forecast, By Country
14.7.1. Brazil
14.7.2. Rest of Latin America
15 Middle East Chandelier Market Analysis and Forecast (2023 -2030)
15.1 Introduction
15.2 Middle East Chandelier Market Share Analysis, By Product
15.3 Middle East Chandelier Market Size and Forecast, By Material
15.4 Middle East Chandelier Market Size and Forecast, By Lighting Direction
15.5 Middle East Chandelier Market Size and Forecast, By Distribution Channel
15.6 Middle East Chandelier Market Size and Forecast, By Application
15.7 Middle East Chandelier Market Size and Forecast, By Country
15.7.1. Saudi Arabia
15.7.2. UAE
15.7.3. Egypt
15.7.4 Kuwait
15.7.5. South Africa
16 Competitive Analysis
16.1 Competition Dashboard
16.2 Market share Analysis of Top Vendors
16.3 Key Development Strategies
17 Company Profiles
17.1 Myran Allan Luxury Lighting
17.1.1 Overview
17.1.2 Offerings
17.1.3 Key Financials
17.1.4 Business Segment & Geographic Overview
17.1.5 Key Market Developments
17.1.6 Key Strategies
17.2 Jaquar
17.2.1 Overview
17.2.2 Offerings
17.2.3 Key Financials
17.2.4 Business Segment & Geographic Overview
17.2.5 Key Market Developments
17.2.6 Key Strategies
17.3 Maxim Lighting
17.3.1 Overview
17.3.2 Offerings
17.3.3 Key Financials
17.3.4 Business Segment & Geographic Overview
17.3.5 Key Market Developments
17.3.6 Key Strategies
17.4 Worldwide Lighting Corp.
17.4.1 Overview
17.4.2 Offerings
17.4.3 Key Financials
17.4.4 Business Segment & Geographic Overview
17.4.5 Key Market Developments
17.4.6 Key Strategies
17.5 Vanguard Lighting Co. Ltd.
17.5.1 Overview
17.5.2 Offerings
17.5.3 Key Financials
17.5.4 Business Segment & Geographic Overview
17.5.5 Key Market Developments
17.5.6 Key Strategies
17.6 Nike, Inc.
17.6.1 Overview
17.6.2 Offerings
17.6.3 Key Financials
17.6.4 Business Segment & Geographic Overview
17.6.5 Key Market Developments
17.6.6 Key Strategies
17.7 American Brass & Crystal
17.7.1 Overview
17.7.2 Offerings
17.7.3 Key Financials
17.7.4 Business Segment & Geographic Overview
17.7.5 Key Market Developments
17.7.6 Key Strategies
17.8 DolanDesigns
17.8.1 Overview
17.8.2 Offerings
17.8.3 Key Financials
17.8.4 Business Segment & Geographic Overview
17.8.5 Key Market Developments
17.8.6 Key Strategies
17.9 Koninklijke Philips N.V.
17.9.1 Overview
17.9.2 Offerings
17.9.3 Key Financials
17.9.4 Business Segment & Geographic Overview
17.9.5 Key Market Developments
17.9.6 Key Strategies
17.10 Gemini Cut Glass Company, Inc
17.10.1 Overview
17.10.2 Offerings
17.10.3 Key Financials
17.10.4 Business Segment & Geographic Overview
17.10.5 Key Market Developments
17.10.6 Key Strategies