Market Overview:
The global modern chandeliers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for modern chandeliers from commercial and residential applications. Additionally, the growing awareness about energy-efficient lighting solutions is also propelling the growth of this market. The global modern chandeliers market can be segmented on the basis of type into uplight chandeliers, downlight chandeliers, cluster Chandeliers, pendant Chandelier and pendant bowl Chandelier. The uplight Chandelier segment is projected to grow at a higher CAGR during the forecast period as compared to other segments owing to its ability to provide ambient lighting in a room or space.
Product Definition:
A modern chandelier is a type of lighting fixture that typically features multiple arms or tiers with light bulbs attached. It is used to provide light in a room or space, and often serves as a focal point in the design of the room. Modern chandeliers are often made from metal or glass, and can be very elaborate or simple in design. They are popular fixtures in homes, restaurants, hotels, and other spaces.
Uplight Chandeliers:
Uplight chandeliers are a type of chandelier that is suspended from the ceiling by chains or wires. The light source for uplight chandeliers is usually an LED, but can be any other light source as well.
Downlight Chandeliers:
The downlight chandeliers, also known as drop light chandelier or pendant light, is a type of lighting fixture used to provide illumination in a room. It consists of one or more lights suspended from the ceiling by chains or wires. The size and number of lights can vary but generally has three to nine lights per chain. Downlight chandeliers are widely used in commercial and residential areas for general illumination purposes along with providing an attractive look to the overall décor.
Application Insights:
The commercial application segment led the global modern chandeliers market and accounted for more than 54.0% share of the total revenue in 2017. The growth can be attributed to an increase in demand from hotels, restaurants, clubs and other similar public gathering places. Lighting plays a significant role in creating ambiance at such places which is likely to boost product demand over the next few years.
The home use segment is projected to expand at a CAGR of XX% over the forecast period owing to growing awareness among consumers regarding luxury interior decoration practices coupled with rising purchasing power of middle-class income groups across various regions including Asia Pacific.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This region has a large number of manufacturers, who are adopting different techniques and innovative ideas to attract more customers. The growing population in this region is leading to an increase in commercial construction activities, which will drive product demand further.
The growth of retail sector across countries such as China and India has been remarkable; it has led retailers from all around the world to set up their stores in these countries owing to lucrative business opportunities offered by these markets. Chandeliers have become an essential part of any modern store setting due to their ability not only decorate but also add aesthetic appeal along with functionality required for day-to-day operations within a store space or restaurant/bar area thus driving regional growth across Asia Pacific significantly over the forecast period.
Growth Factors:
- Increasing demand from the hospitality sector: The modern chandeliers market is witnessing increasing demand from the hospitality sector. This is mainly due to the growing trend of luxury hotels and resorts, which are increasingly incorporating modern chandeliers into their décor schemes.
- Rising disposable income levels: Another key growth driver for the modern chandeliers market is rising disposable income levels, especially in developing countries such as China and India. This has led to an increase in demand for high-end lighting fixtures, including modern chandeliers.
- Growing popularity of LED lighting: The growing popularity of LED lighting is another key factor driving growth in the global modern chandeliers market. LEDs consume significantly less energy than traditional light bulbs and offer a longer lifespan, making them an attractive option for many consumers looking to purchase a new light fixture.
Scope Of The Report
Report Attributes
Report Details
Report Title
Modern Chandeliers Market Research Report
By Type
Uplight Chandeliers, Downlight Chandeliers, Cluster Chandeliers, Pendant Chandeliers, Pendant Bowl Chandeliers
By Application
Commercial, Home Use, Other
By Companies
Hinkley Lightingm, James R. Moder, Kichler Lighting, DE MAJO Iiluminazione, Wilkinson, Kenroy Home, Feiss, Gemini Cut Glass Company, Kurt Faustig, Pataviumart, American Brass and Crystal, Savoy House lighting, Wranovsky, Dolan Designs, Elegant Lighting, Myran Allan Chandelier, Kamable Lighting
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
181
Number of Tables & Figures
127
Customization Available
Yes, the report can be customized as per your need.
Global Modern Chandeliers Market Report Segments:
The global Modern Chandeliers market is segmented on the basis of:
Types
Uplight Chandeliers, Downlight Chandeliers, Cluster Chandeliers, Pendant Chandeliers, Pendant Bowl Chandeliers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Home Use, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hinkley Lightingm
- James R. Moder
- Kichler Lighting
- DE MAJO Iiluminazione
- Wilkinson
- Kenroy Home
- Feiss
- Gemini Cut Glass Company
- Kurt Faustig
- Pataviumart
- American Brass and Crystal
- Savoy House lighting
- Wranovsky
- Dolan Designs
- Elegant Lighting
- Myran Allan Chandelier
- Kamable Lighting
Highlights of The Modern Chandeliers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Uplight Chandeliers
- Downlight Chandeliers
- Cluster Chandeliers
- Pendant Chandeliers
- Pendant Bowl Chandeliers
- By Application:
- Commercial
- Home Use
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Modern Chandeliers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Chandeliers are a type of light fixture that use candles or electric lights to provide illumination. They were popular in the 1800s and early 1900s, but have since been replaced by more modern lighting options. Chandeliers can be used in any room, but are especially popular in formal settings like weddings and receptions.
Some of the key players operating in the modern chandeliers market are Hinkley Lightingm, James R. Moder, Kichler Lighting, DE MAJO Iiluminazione, Wilkinson, Kenroy Home, Feiss, Gemini Cut Glass Company, Kurt Faustig, Pataviumart, American Brass and Crystal, Savoy House lighting, Wranovsky, Dolan Designs, Elegant Lighting, Myran Allan Chandelier, Kamable Lighting.
The modern chandeliers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Modern Chandeliers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Modern Chandeliers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Modern Chandeliers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Modern Chandeliers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Modern Chandeliers Market Size & Forecast, 2018-2028
4.5.1 Modern Chandeliers Market Size and Y-o-Y Growth
4.5.2 Modern Chandeliers Market Absolute $ Opportunity
Chapter 5 Global Modern Chandeliers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Modern Chandeliers Market Size Forecast by Type
5.2.1 Uplight Chandeliers
5.2.2 Downlight Chandeliers
5.2.3 Cluster Chandeliers
5.2.4 Pendant Chandeliers
5.2.5 Pendant Bowl Chandeliers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Modern Chandeliers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Modern Chandeliers Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Home Use
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Modern Chandeliers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Modern Chandeliers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Modern Chandeliers Analysis and Forecast
9.1 Introduction
9.2 North America Modern Chandeliers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Modern Chandeliers Market Size Forecast by Type
9.6.1 Uplight Chandeliers
9.6.2 Downlight Chandeliers
9.6.3 Cluster Chandeliers
9.6.4 Pendant Chandeliers
9.6.5 Pendant Bowl Chandeliers
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Modern Chandeliers Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Home Use
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Modern Chandeliers Analysis and Forecast
10.1 Introduction
10.2 Europe Modern Chandeliers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Modern Chandeliers Market Size Forecast by Type
10.6.1 Uplight Chandeliers
10.6.2 Downlight Chandeliers
10.6.3 Cluster Chandeliers
10.6.4 Pendant Chandeliers
10.6.5 Pendant Bowl Chandeliers
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Modern Chandeliers Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Home Use
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Modern Chandeliers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Modern Chandeliers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Modern Chandeliers Market Size Forecast by Type
11.6.1 Uplight Chandeliers
11.6.2 Downlight Chandeliers
11.6.3 Cluster Chandeliers
11.6.4 Pendant Chandeliers
11.6.5 Pendant Bowl Chandeliers
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Modern Chandeliers Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Home Use
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Modern Chandeliers Analysis and Forecast
12.1 Introduction
12.2 Latin America Modern Chandeliers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Modern Chandeliers Market Size Forecast by Type
12.6.1 Uplight Chandeliers
12.6.2 Downlight Chandeliers
12.6.3 Cluster Chandeliers
12.6.4 Pendant Chandeliers
12.6.5 Pendant Bowl Chandeliers
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Modern Chandeliers Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Home Use
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Modern Chandeliers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Modern Chandeliers Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Modern Chandeliers Market Size Forecast by Type
13.6.1 Uplight Chandeliers
13.6.2 Downlight Chandeliers
13.6.3 Cluster Chandeliers
13.6.4 Pendant Chandeliers
13.6.5 Pendant Bowl Chandeliers
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Modern Chandeliers Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Home Use
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Modern Chandeliers Market: Competitive Dashboard
14.2 Global Modern Chandeliers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hinkley Lightingm
14.3.2 James R. Moder
14.3.3 Kichler Lighting
14.3.4 DE MAJO Iiluminazione
14.3.5 Wilkinson
14.3.6 Kenroy Home
14.3.7 Feiss
14.3.8 Gemini Cut Glass Company
14.3.9 Kurt Faustig
14.3.10 Pataviumart
14.3.11 American Brass and Crystal
14.3.12 Savoy House lighting
14.3.13 Wranovsky
14.3.14 Dolan Designs
14.3.15 Elegant Lighting
14.3.16 Myran Allan Chandelier
14.3.17 Kamable Lighting
