The potential growth difference for the luxury chandeliers market between 2021 and 2026 is USD 992.87 million. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.
Key Market Dynamics:
- Market Driver - The key factor driving the global luxury chandeliers industry growth is the evolving design concept leading to premiumization. A wide range of luxury chandeliers is available in the market based on innovation, quality standards, and the latest design trends set by interior designers worldwide. The majority of end-users prefer chandeliers based on their design and innovation rather than brand names. Vendors in the global luxury chandeliers market focus on providing luxury chandeliers that can match the interiors of a residential or commercial place. Traditional, modern, contemporary, and transitional are some of the trending design concepts used in interior design. Most luxurious and designer chandeliers come from the UK, Spain, Germany, Italy, and the US. Thus, the premiumization of chandeliers through distinctive design concepts has resulted in increased adoption by premium customers, which will drive market growth during the forecast period.
- Market Challenges - The key challenge to the global luxury chandeliers industry growth is the consumers' perceived value gap in decorative lighting. The factor that drives customers to opt for luxury chandeliers is their innovative design. Therefore, customers prefer purchasing decent quality and innovative designed luxury chandeliers at a reasonable price. The presence of numerous local and regional vendors in the market makes the market more competitive. However, this poses a severe challenge for brands to penetrate the market. The similarity in product offerings by the local and regional players and the brands creates a high-value gap in customers' perception while purchasing luxury chandeliers. Moreover, the similar product offerings compel the branded players to decrease the price of their product offerings, thus posing a challenge for vendors in the global luxury chandeliers market.
To learn about additional key drivers, trends, and challenges - Download our FREE Sample Report right now!
Segmentation Analysis:
The luxury chandeliers market report is segmented by Distribution Channel (Offline and Online), End-user (Residential and Commercial), and Geography (Europe, North America, APAC, South America, and the Middle East and Africa).
The luxury chandeliers market share growth in the offline segment will be significant for revenue generation. The customers find it easy to visit the offline stores, especially the specialty stores, due to the insights and personal assistance that the salesforce provides, which helps them in understanding innovative features, latest designs, patterns, and technology integrated into luxury chandeliers. Such factors will drive the segment growth in the coming years.
Download our sample report for additional insights into the contribution of all the segments
Some Companies Mentioned
The luxury chandeliers market is fragmented and the vendors are deploying growth strategies such as product differentiation to compete in the market.
- 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 NV
- Kurt Faustic KG
- Luxxu Modern Design and Living
- Maxim Lighting International
- Myran Allan Luxury Lighting
- Passerini LLC
- Tom Dixon
- To gain access to more vendor profiles with their key offerings available with Technavio, Click Here
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Luxury Chandeliers Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.3% |
Market growth 2022-2026 |
USD 992.87 million |
Market structure |
Fragmented |
YoY growth (%) |
6.61 |
Performing market contribution |
Europe at 32% |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
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 NV, Kurt Faustic KG, Luxxu Modern Design and Living, Maxim Lighting International, Myran Allan Luxury Lighting, Passerini LLC, and Tom Dixon |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Key Topics Covered:
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
- Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 18: Five forces analysis - Comparison between2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 24: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Distribution Channel
- 5.1 Market segments
- Exhibit 25: Chart on Distribution Channel - Market share 2021-2026 (%)
- Exhibit 26: Data Table on Distribution Channel - Market share 2021-2026 (%)
- 5.2 Comparison by Distribution Channel
- Exhibit 27: Chart on Comparison by Distribution Channel
- Exhibit 28: Data Table on Comparison by Distribution Channel
- 5.3 Offline - Market size and forecast 2021-2026
- Exhibit 29: Chart on Offline - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Data Table on Offline - Market size and forecast 2021-2026 ($ million)
- Exhibit 31: Chart on Offline - Year-over-year growth 2021-2026 (%)
- Exhibit 32: Data Table on Offline - Year-over-year growth 2021-2026 (%)
- 5.4 Online - Market size and forecast 2021-2026
- Exhibit 33: Chart on Online - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Data Table on Online - Market size and forecast 2021-2026 ($ million)
- Exhibit 35: Chart on Online - Year-over-year growth 2021-2026 (%)
- Exhibit 36: Data Table on Online - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Distribution Channel
- Exhibit 37: Market opportunity by Distribution Channel ($ million)
6 Market Segmentation by End-user
- 6.1 Market segments
- Exhibit 38: Chart on End-user - Market share 2021-2026 (%)
- Exhibit 39: Data Table on End-user - Market share 2021-2026 (%)
- 6.2 Comparison by End-user
- Exhibit 40: Chart on Comparison by End-user
- Exhibit 41: Data Table on Comparison by End-user
- 6.3 Residential - Market size and forecast 2021-2026
- Exhibit 42: Chart on Residential - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on Residential - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on Residential - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on Residential - Year-over-year growth 2021-2026 (%)
- 6.4 Commercial - Market size and forecast 2021-2026
- Exhibit 46: Chart on Commercial - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on Commercial - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on Commercial - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Commercial - Year-over-year growth 2021-2026 (%)
- 6.5 Market opportunity by End-user
- Exhibit 50: Market opportunity by End-user ($ million)
7 Customer Landscape
- 7.1 Customer landscape overview
- Exhibit 51: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
- 8.1 Geographic segmentation
- Exhibit 52: Chart on Market share by geography 2021-2026 (%)
- Exhibit 53: Data Table on Market share by geography 2021-2026 (%)
- 8.2 Geographic comparison
- Exhibit 54: Chart on Geographic comparison
- Exhibit 55: Data Table on Geographic comparison
- 8.3 Europe - Market size and forecast 2021-2026
- Exhibit 56: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 57: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 58: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 59: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 8.4 North America - Market size and forecast 2021-2026
- Exhibit 60: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 61: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 62: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 63: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 8.5 APAC - Market size and forecast 2021-2026
- Exhibit 64: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 65: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 66: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 67: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 8.6 South America - Market size and forecast 2021-2026
- Exhibit 68: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 69: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 70: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 71: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 8.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 72: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 73: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 74: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 75: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 8.8 US - Market size and forecast 2021-2026
- Exhibit 76: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 77: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 78: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 79: Data Table on US - Year-over-year growth 2021-2026 (%)
- 8.9 China - Market size and forecast 2021-2026
- Exhibit 80: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 81: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 82: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 83: Data Table on China - Year-over-year growth 2021-2026 (%)
- 8.10 Germany - Market size and forecast 2021-2026
- Exhibit 84: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 85: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 86: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 87: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 8.11 Canada - Market size and forecast 2021-2026
- Exhibit 88: Chart on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 89: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 90: Chart on Canada - Year-over-year growth 2021-2026 (%)
- Exhibit 91: Data Table on Canada - Year-over-year growth 2021-2026 (%)
- 8.12 Japan - Market size and forecast 2021-2026
- Exhibit 92: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 93: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 94: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 95: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 8.13 UK - Market size and forecast 2021-2026
- Exhibit 96: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 97: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 98: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 99: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 8.14 Market opportunity by geography
- Exhibit 100: Market opportunity by geography ($ million)
9 Drivers, Challenges, and Trends
- 9.3 Impact of drivers and challenges
- Exhibit 101: Impact of drivers and challenges in 2021 and 2026
10 Vendor Landscape
- 10.2 Vendor landscape
- Exhibit 102: Overview on Criticality of inputs and Factors of differentiation
- 10.3 Landscape disruption
- Exhibit 103: Overview on factors of disruption
- 10.4 Industry risks
- Exhibit 104: Impact of key risks on business
11 Vendor Analysis
- 11.1 Vendors covered
- Exhibit 105: Vendors covered
- 11.2 Market positioning of vendors
- Exhibit 106: Matrix on vendor position and classification
- 11.3 Eichholtz B.V.
- Exhibit 107: Eichholtz B.V. - Overview
- Exhibit 108: Eichholtz B.V. - Product / Service
- Exhibit 109: Eichholtz B.V. - Key offerings
- 11.4 Elegant Furniture and Lightening
- Exhibit 110: Elegant Furniture and Lightening - Overview
- Exhibit 111: Elegant Furniture and Lightening - Product / Service
- Exhibit 112: Elegant Furniture and Lightening - Key offerings
- 11.5 Generation Lighting
- Exhibit 113: Generation Lighting - Overview
- Exhibit 114: Generation Lighting - Product / Service
- Exhibit 115: Generation Lighting - Key offerings
- 11.6 HSL Worldwide Lighting Corporation WLC
- Exhibit 116: HSL Worldwide Lighting Corporation WLC - Overview
- Exhibit 117: HSL Worldwide Lighting Corporation WLC - Product / Service
- Exhibit 118: HSL Worldwide Lighting Corporation WLC - Key offerings
- 11.7 Hubbell Inc.
- Exhibit 119: Hubbell Inc. - Overview
- Exhibit 120: Hubbell Inc. - Business segments
- Exhibit 121: Hubbell Inc. - Key offerings
- Exhibit 122: Hubbell Inc. - Segment focus
- 11.8 Hudson Furniture Inc.
- Exhibit 123: Hudson Furniture Inc. - Overview
- Exhibit 124: Hudson Furniture Inc. - Product / Service
- Exhibit 125: Hudson Furniture Inc. - Key offerings
- 11.9 Kings Chandelier Co.
- Exhibit 126: Kings Chandelier Co. - Overview
- Exhibit 127: Kings Chandelier Co. - Product / Service
- Exhibit 128: Kings Chandelier Co. - Key offerings
- 11.10 Koninklijke Philips NV
- Exhibit 129: Koninklijke Philips NV - Overview
- Exhibit 130: Koninklijke Philips NV - Business segments
- Exhibit 131: Koninklijke Philips NV - Key news
- Exhibit 132: Koninklijke Philips NV - Key offerings
- Exhibit 133: Koninklijke Philips NV - Segment focus
- 11.11 Maxim Lighting International
- Exhibit 134: Maxim Lighting International - Overview
- Exhibit 135: Maxim Lighting International - Product / Service
- Exhibit 136: Maxim Lighting International - Key offerings
- 11.12 Myran Allan Luxury Lighting
- Exhibit 137: Myran Allan Luxury Lighting - Overview
- Exhibit 138: Myran Allan Luxury Lighting - Product / Service
- Exhibit 139: Myran Allan Luxury Lighting - Key offerings
12 Appendix
- 12.2 Inclusions and exclusions checklist
- Exhibit 140: Inclusions checklist
- Exhibit 141: Exclusions checklist
- 12.3 Currency conversion rates for US$
- Exhibit 142: Currency conversion rates for US$
- 12.4 Research methodology
- Exhibit 143: Research methodology
- Exhibit 144: Validation techniques employed for market sizing
- Exhibit 145: Information sources
- 12.5 List of abbreviations
- Exhibit 146: List of abbreviations
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