The global chandeliers market size was valued at USD 8.20 billion in 2024 and is expected to reach USD 9.72 billion by 2030, growing at a CAGR of 2.8% from 2025 to 2030. This steady growth is primarily driven by the rising demand for luxurious, stylish, and visually appealing home décor products, as consumers increasingly prioritize aesthetics alongside functionality in their living spaces.

The increase in disposable incomes has led to a surge in home renovations, interior design projects, and upscale residential construction, which in turn has boosted the demand for chandeliers as statement pieces that enhance the elegance and ambiance of a room. Additionally, the incorporation of LED technology into chandelier designs has significantly improved their energy efficiency and lifespan, making them more attractive to environmentally conscious consumers who value sustainability without compromising on style.

The growing trend of smart home integration is another key factor contributing to market expansion. Modern chandeliers can now be controlled through smartphone applications, voice-activated virtual assistants, or automated home systems, offering unprecedented convenience and customizable lighting experiences. Beyond residential settings, the hospitality sector is also playing an important role in market growth. Luxury hotels, resorts, and high-end venues are increasingly using chandeliers to create a sophisticated and grand ambiance, further driving demand. Overall, the combination of technological advancements, rising consumer affluence, and growing preference for premium décor solutions is supporting the steady growth of the global chandeliers market.

Key Market Trends & Insights:

• North America dominated the global chandeliers market in 2024, accounting for a revenue share of 31.0%. The region’s leadership is attributed to high consumer spending on home décor, increasing investments in luxury residential and commercial projects, and the presence of established retailers and manufacturers. Strong economic conditions and widespread adoption of modern interior design trends have further strengthened the region’s position in the global market.

• Within North America, the U.S. contributed the largest revenue share in 2024, driven by growing demand for premium and aesthetically appealing lighting solutions in both residential and commercial spaces. The country’s well-developed retail network, increasing home renovation activities, and rising disposable incomes have significantly supported market growth.

• By product type, the transitional segment led the global chandeliers market in 2024, accounting for 65.7% of the total revenue. The popularity of transitional chandeliers stems from their versatile design, which blends traditional and contemporary styles, making them suitable for a wide range of interior décor themes. Their ability to complement diverse aesthetics has contributed to their strong market share.

• By distribution channel, the offline segment dominated the global chandeliers market in 2024. Physical stores, showrooms, and specialized lighting retailers continue to attract consumers who prefer to experience product quality, design, and finish in person before making a purchase. The offline channel’s ability to provide personalized services and expert guidance has helped maintain its leading position.

• By application, the commercial segment emerged as the largest revenue contributor in 2024. The demand for chandeliers in hotels, resorts, restaurants, offices, and other commercial spaces is driven by their ability to create a luxurious and sophisticated ambiance, enhancing the overall aesthetic appeal of these establishments. The ongoing expansion of the hospitality and corporate sectors has further fueled the adoption of chandeliers in commercial applications.

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Market Size & Forecast:

• 2024 Market Size: USD 8.20 Billion

• 2030 Projected Market Size: USD 9.72 Billion

• CAGR (2025-2030): 2.8%

• North America: Largest market in 2024

• Asia Pacific: Fastest growing market

Key Companies & Market Share Insights:

Some of the key companies operating in the global chandeliers market include Abbott, Cardinal Health, Medtronic, Merit Medical, Teleflex Incorporated, and others. These players contribute to the competitive landscape by offering a range of lighting solutions and catering to diverse consumer needs across different regions.

Elegant Lighting is a prominent participant in the chandeliers market, recognized for its wide assortment of luxurious and intricately designed lighting fixtures. The company focuses on producing high-quality chandeliers that appeal to both traditional and contemporary design preferences, making it a preferred choice for consumers seeking elegance and sophistication in home and commercial décor.

Koninklijke Philips N.V., widely known as Philips, is another major player in the global lighting and chandeliers market. Philips is known for its innovative approach, incorporating advanced technologies such as LED lighting and smart home integration into its products. The company’s chandeliers are designed to be energy-efficient while providing customizable lighting solutions. Their ability to integrate chandeliers into smart home ecosystems appeals to modern, tech-savvy consumers who value convenience, functionality, and sustainability in addition to aesthetic appeal.

Key Players

• Elegant Lighting

• Generation Brands LLC

• Koninklijke Philips N.V.

• Maxim Lighting International

• HSL Worldwide Lighting Corporation

• Acuity Brands Lighting Inc.

• Hubbell Incorporated

• Vanguard Lighting Co. Ltd.

• King's Chandelier Company

• James R. Moder Crystal Chandelier Inc.

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Conclusion:

The global chandeliers market is expected to continue growing steadily over the forecast period, driven by increasing demand for decorative and stylish lighting solutions in both residential and commercial spaces. Rising consumer interest in interior design, expanding use of chandeliers in hospitality and luxury settings, and the adoption of advanced lighting technologies are key factors supporting market expansion. Offline retail remains important due to consumer preferences for in person shopping for high value decor items, while online channels are gaining traction. Overall, the market outlook remains positive as preferences shift toward aesthetically appealing and innovative lighting products.