Europe Kitchen Lighting Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (General Kitchen Lighting, Task Kitchen Lighting, and Decorative Kitchen Lighting), Source (Fluorescent and LED and OLED), and Product (Island Lights, Pendant Lights, Ceiling Lights, Chandeliers, Track Lighting, Under Cabinet Lighting, and Others)
The kitchen lighting market in Europe is expected to grow from US$ 3,747.44 million in 2021 to US$ 6,554.78 million by 2028; it is estimated to grow at a CAGR of 8.3% from 2021 to 2028.
A boom in interest in home repair and remodeling activities, particularly in urban areas, boosts demand for kitchen lighting. The National Energy Efficiency Action Plans (NEEAPs) in Europe focus on promoting investments in residential and commercial space, along with maintenance and modernization of the corresponding projects. Furthermore, consumers' tendency to spend on interiors has drawn their attention to home furnishing items such as carpets, rugs, and modern and stylish lighting systems. This shift in focus is supported by rising income levels, changing lifestyles, and new interior designs. Government initiatives in the countries encourage people to construct their own homes. Due to such government measures, the number of commercial and residential development projects has increased in various countries in the region, resulting in increasing demand for kitchen lighting systems.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe kitchen lighting market at a good CAGR during the forecast period.
Europe Kitchen Lighting Market Revenue and Forecast to 2028 (US$ Million)
Europe Kitchen Lighting Market Segmentation
Europe Kitchen Lighting Market, by Type
General Kitchen Lighting Task Kitchen Lighting Decorative Kitchen Lighting Europe Kitchen Lighting Market, by Source
Fluorescent LED and OLEDEurope Kitchen Lighting Market, by Product
Island Lights Pendant Lights Ceiling Lights Chandeliers Track Lighting Under Cabinet Lighting Others Europe Kitchen Lighting Market, by Country
France Germany UK Italy Russia Rest of Europe Europe Kitchen Lighting Market - Companies Mentioned
Cree Lighting OSRAM Licht AG Panasonic Corporation Signify Holding (Philips) Hubbell Incorporated Lutron Electronics Co., Inc Häfele Gmb H & Co KG
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