Chandelier Market Size Worth $8.5 Billion By 2025 | CAGR: 3.4%: Grand View Research, Inc.

Read 80 page research report with ToC on "Chandelier Market Size, Share & Trends Analysis Report By Product (Traditional, Transitional, Modern), By Application (Residential, Commercial), By Distribution Channel, By Region, And Segment Forecasts, 2019 - 2025" at: https://www.grandviewresearch.com/industry-analysis/chandelier-market Read 80 page research report with ToC on "Chandelier Market Size, Share & Trends Analysis Report By Product (Traditional, Transitional, Modern), By Application...

SAN FRANCISCO, 24/10/2019 (informazione.news - comunicati stampa - varie)

Over the past few years, the raw material preference is shifting from crystal to other materials such as metal, glass, wood, plastic, and concrete. Rising popularity of products made using a combination of materials, such as metal and wood or metal and glass is expected to create growth opportunities for manufacturers. In addition, rising popularity of black and other dark colored chandeliers for restrained and bright interiors is expected to drive the market growth.

Transitional chandeliers held the dominant market share of over 35% in terms of revenue in 2018. Transitional variants are a combination of both traditional as well as modern kinds. The product has gained popularity among consumers owing to innovative designs that beautifully blend with any type of interior. Iron, nickel, bronze, brass, steel, and copper are the commonly used raw materials for these products.

Asia Pacific is anticipated to exhibit the fastest CAGR over the forecast period, attributed to increasing investments in property renovation. Growing popularity of China , Thailand , India , Sri Lanka , and Maldives as tourist destinations is anticipated to drive the regional product demand. Moreover, increasing use of luxury decorative lighting in commercial places, such as hotels and restaurants will drive the growth of the market.

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco , the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: +1-415-349-0058
Toll Free: 1-888-202-9519
Email:  
Web:  
Follow Us:  |  

Logo: https://mma.prnewswire.com/media/661327/Grand_View_Research_Logo.jpg