Global Luxury Chandeliers Market 2024-2028

Global Luxury Chandeliers Market 2024-2028

Global Luxury Chandeliers Market 2024-2028

The luxury chandeliers market is forecasted to grow by USD 1110.7 mn during 2023-2028, accelerating at a CAGR of 8.06% during the forecast period. The report on the luxury chandeliers market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by evolving design concept leading to premiumization, growing construction (both residential and commercial) and real estate industry globally, and increase in commercial lighting (hospitality lighting and retail lighting).

Technavio's luxury chandeliers market is segmented as below:

• By Distribution Channel
• Offline
• Online
• By End-user
• Residential
• Commercial
• By Geographical Landscape
• Europe
• North America
• APAC
• South America
• Middle East and Africa

This study identifies the demand for energy-efficient decorative lighting as one of the prime reasons driving the luxury chandeliers market growth during the next few years. Also, trending lighting designs for chandeliers and growing trend of smart connectivity in lighting system will lead to sizable demand in the market.

The report on the luxury chandeliers market covers the following areas:

• Luxury chandeliers market sizing
• Luxury chandeliers market forecast
• Luxury chandeliers market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading luxury chandeliers market vendors that include American Brass and Crystal, D.M. LUCE SRL, Dolan Designs, Eichholtz B.V., Elegant Furniture and Lightening, Generation Lighting, HSL Worldwide Lighting Corporation WLC, Hubbell Inc., Hudson Furniture Inc., James R. Moder Crystal Chandelier Inc., Jhoomarwala, Kenroy Home, Kings Chandelier Co., Koninklijke Philips N.V., Kurt Faustic KG, Luxxu Modern Design and Living, Maxim Lighting International, Myran Allan Luxury Lighting, Passerini LLC, and Tom Dixon. Also, the luxury chandeliers market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.