World - Chandeliers - Market Analysis, Forecast, Size, Trends and Insights
Global Chandelier Market Reached 1,5B Units
Photo: © vitaliymateha / Bigstockphoto
According to market research conducted by IndexBox, the global chandelier market showed steady growth, rising from 1,026 million units in 2007 to 1,462 million units in 2014. From 2007 to 2014, it expanded with a CAGR of +5.2%.
Global growth in chandeliers consumption is expected to slow to 5.0% (currently +5.2%) in the medium term. In the past, consumption of chandeliers was fueled by rising construction and purchasing power, but this engine of growth is now under pressure from the current economic slowdown, especially in the major consuming countries in Asia and the Pacific region.
In 2014, the U.S. (25%), Germany (9%), France (5%), the UK and Canada (4% each) were the leading destinations of chandelier imports, together making up 47.1% of global imports in value terms. While the U.S. and Germany were among the major consuming countries, France, the U.K. and Canada appeared to be less attractive due to relatively low consumption.
China dominates in global chandeliers production. In 2014, China was the main global supplier of chandeliers with a share of 47% of global exports in physical terms with annual growth rate from 2007 to 2014 (-6.5%). In 2014, China exported about 7% of its total chandeliers output in physical terms. Of this amount, 16% was supplied to the United States, where Chinese chandeliers held a 41% share of total U.S. consumption.
Do you want to know more about the global chandelier market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- chandelier market share
- chandelier prices
- chandelier industry
- chandelier sales
- chandelier market forecast
- chandelier price forecast
- key chandelier producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global chandelier market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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