
Asia Pacific 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, Pe
Description
Asia Pacific 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 Asia Pacific is expected to grow from US$ 5,680.19 million in 2021 to US$ 11,192.89 million by 2028; it is estimated to grow at a CAGR of 10.2% from 2021 to 2028.
A boom in interest in home repair and remodeling activities, particularly in urban areas, boosts the demand for kitchen lighting. 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 developing countries to encourage people to construct their own homes are fueling the kitchen lighting market growth. The government's smart cities programs boost urban infrastructure and construction development in India. In March 2018, the Pradhan Mantri Awas Yojana (PMAY) approved the construction of additional 321,567 affordable housing units. The Indian government dedicated US$ 61.92 billion to the infrastructure industry in its union budget 2017-2018. Additionally, in the 2018-2019 budget, the government increased infrastructure development spending to US$ 89.2 billion (INR 6 trillion) from US$ 75.9 billion (INR 4.9 trillion) in 2017-2018, with a rise of 20.9%. 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 Asia Pacific kitchen lighting market at a good CAGR during the forecast period.
Asia Pacific Kitchen Lighting Market Revenue and Forecast to 2028 (US$ Million)
Asia Pacific Kitchen Lighting Market Segmentation
Asia Pacific Kitchen Lighting Market, by Type
General Kitchen Lighting Task Kitchen Lighting Decorative Kitchen Lighting Asia Pacific Kitchen Lighting Market, by Source
Fluorescent LED and OLEDAsia Pacific Kitchen Lighting Market, by Product
Island Lights Pendant Lights Ceiling Lights Chandeliers Track Lighting Under Cabinet Lighting Others Asia Pacific Kitchen Lighting Market, by Country
China Japan India South Korea Australia Rest of APACAsia Pacific Kitchen Lighting Market - Companies Mentioned
Cree Lighting OSRAM Licht AG Panasonic Corporation Signify Holding (Philips) Hubbell Incorporated Lutron Electronics Co., Inc
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific kitchen lighting market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific kitchen lighting market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the kitchen lighting market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
The kitchen lighting market in Asia Pacific is expected to grow from US$ 5,680.19 million in 2021 to US$ 11,192.89 million by 2028; it is estimated to grow at a CAGR of 10.2% from 2021 to 2028.
A boom in interest in home repair and remodeling activities, particularly in urban areas, boosts the demand for kitchen lighting. 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 developing countries to encourage people to construct their own homes are fueling the kitchen lighting market growth. The government's smart cities programs boost urban infrastructure and construction development in India. In March 2018, the Pradhan Mantri Awas Yojana (PMAY) approved the construction of additional 321,567 affordable housing units. The Indian government dedicated US$ 61.92 billion to the infrastructure industry in its union budget 2017-2018. Additionally, in the 2018-2019 budget, the government increased infrastructure development spending to US$ 89.2 billion (INR 6 trillion) from US$ 75.9 billion (INR 4.9 trillion) in 2017-2018, with a rise of 20.9%. 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 Asia Pacific kitchen lighting market at a good CAGR during the forecast period.
Asia Pacific Kitchen Lighting Market Revenue and Forecast to 2028 (US$ Million)
Asia Pacific Kitchen Lighting Market Segmentation
Asia Pacific Kitchen Lighting Market, by Type
General Kitchen Lighting Task Kitchen Lighting Decorative Kitchen Lighting Asia Pacific Kitchen Lighting Market, by Source
Fluorescent LED and OLEDAsia Pacific Kitchen Lighting Market, by Product
Island Lights Pendant Lights Ceiling Lights Chandeliers Track Lighting Under Cabinet Lighting Others Asia Pacific Kitchen Lighting Market, by Country
China Japan India South Korea Australia Rest of APACAsia Pacific Kitchen Lighting Market - Companies Mentioned
Cree Lighting OSRAM Licht AG Panasonic Corporation Signify Holding (Philips) Hubbell Incorporated Lutron Electronics Co., Inc
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific kitchen lighting market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific kitchen lighting market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the kitchen lighting market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
Table of Contents
112 Pages
- 1. Introduction
- 1.1 Study Scope
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 2. Key Takeaways
- 3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
- 4. Asia Pacific Kitchen Lighting Market Landscape
- 4.1 Market Overview
- 4.2 PEST Analysis
- 4.3 Expert Opinions
- 5. Asia Pacific Kitchen Lighting Market - Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Surging proliferation of LED in Kitchen Lighting
- 5.1.2 Accelerated Number of Residential Construction Projects
- 5.2 Market Restraints
- 5.2.1 Heavy Cost of Kitchen Lighting
- 5.3 Market Opportunities
- 5.3.1 Fast Pace Growth in E-Commerce
- 5.4 Future Trends
- 5.4.1 Broadening Advancements in Kitchen Lighting
- 5.5 Impact Analysis of Drivers And Restraints
- 6. Asia pacific Kitchen Lighting - Market Analysis
- 6.1 Asia pacific Kitchen Lighting Market Overview
- 6.2 Asia Pacific Kitchen Lighting Market Revenue Forecast and Analysis
- 7. Asia Pacific Kitchen Lighting Market Analysis - by Type
- 7.1 Overview
- 7.2 Asia Pacific Kitchen Lighting Market, by Type
- 7.3 General Kitchen Lighting
- 7.3.1 Overview
- 7.3.2 General Kitchen Lighting: Kitchen Lighting Market- Revenue and Forecast to 2028 (US$ Million)
- 7.4 Task Kitchen Lighting
- 7.4.1 Overview
- 7.4.2 Task Kitchen Lighting: Kitchen Lighting Market- Revenue and Forecast to 2028 (US$ Million)
- 7.5 Decorative Kitchen Lighting
- 7.5.1 Overview
- 7.5.2 Decorative Kitchen Lighting: Kitchen Lighting Market- Revenue and Forecast to 2028 (US$ Million)
- 8. Asia Pacific Kitchen Lighting Market - by Source
- 8.1 Overview
- 8.2 Asia Pacific Kitchen Lighting Market, by Source
- 8.3 Fluorescent
- 8.3.1 Overview
- 8.3.2 Fluorescent: Kitchen Lighting Market - Revenue and Forecast to 2028 (US$ Million)
- 8.4 LED and OLED
- 8.4.1 Overview
- 8.4.2 LED and OLED: Kitchen Lighting Market - Revenue and Forecast to 2028 (US$ Million)
- 9. Asia Pacific Kitchen Lighting Market - by Product
- 9.1 Overview
- 9.2 Asia Pacific Kitchen Lighting Market, by Product
- 9.3 Island Lights
- 9.3.1 Overview
- 9.3.2 Island Lights: Kitchen Lighting Market - Revenue and Forecast to 2028 (US$ Million)
- 9.4 Pendant Lights
- 9.4.1 Overview
- 9.4.2 Pendant Lights: Kitchen Lighting Market - Revenue and Forecast to 2028 (US$ Million)
- 9.5 Ceiling Lights
- 9.5.1 Overview
- 9.5.2 Ceiling Lights: Kitchen Lighting Market - Revenue and Forecast to 2028 (US$ Million)
- 9.6 Chandeliers
- 9.6.1 Overview
- 9.6.2 Chandeliers: Kitchen Lighting Market - Revenue and Forecast to 2028 (US$ Million)
- 9.7 Track Lighting
- 9.7.1 Overview
- 9.7.2 Track Lighting: Kitchen Lighting Market - Revenue and Forecast to 2028 (US$ Million)
- 9.8 Under Cabinet Lighting
- 9.8.1 Overview
- 9.8.2 Under Cabinet Lighting: Kitchen Lighting Market - Revenue and Forecast to 2028 (US$ Million)
- 9.9 Others
- 9.9.1 Overview
- 9.9.2 Others: Kitchen Lighting Market - Revenue and Forecast to 2028 (US$ Million)
- 10. Asia Pacific Kitchen Lighting Market - Country Analysis
- 10.1 Overview
- 10.1.1 Asia Pacific: Kitchen Lighting Market, by Key Country
- 10.1.1.1 China: Kitchen Lighting Market - Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.1.1 China: Kitchen Lighting Market, by Type
- 10.1.1.1.2 China: Kitchen Lighting Market, by Source
- 10.1.1.1.3 China: Kitchen Lighting Market, by Product
- 10.1.1.2 Japan: Kitchen Lighting Market - Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.2.1 Japan: Kitchen Lighting Market, by Type
- 10.1.1.2.2 Japan: Kitchen Lighting Market, by Source
- 10.1.1.2.3 Japan: Kitchen Lighting Market, by Product
- 10.1.1.3 India: Kitchen Lighting Market - Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.3.1 India: Kitchen Lighting Market, by Type
- 10.1.1.3.2 India: Kitchen Lighting Market, by Source
- 10.1.1.3.3 India: Kitchen Lighting Market, by Product
- 10.1.1.4 South Korea: Kitchen Lighting Market - Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.4.1 South Korea: Kitchen Lighting Market, by Type
- 10.1.1.4.2 South Korea: Kitchen Lighting Market, by Source
- 10.1.1.4.3 South Korea: Kitchen Lighting Market, by Product
- 10.1.1.5 Australia: Kitchen Lighting Market - Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.5.1 Australia: Kitchen Lighting Market, by Type
- 10.1.1.5.2 Australia: Kitchen Lighting Market, by Source
- 10.1.1.5.3 Australia: Kitchen Lighting Market, by Product
- 10.1.1.6 Rest of APAC: Kitchen Lighting Market - Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.6.1 Rest of APAC: Kitchen Lighting Market, by Type
- 10.1.1.6.2 Rest of APAC: Kitchen Lighting Market, by Source
- 10.1.1.6.3 Rest of APAC: Kitchen Lighting Market, by Product
- 11. Company Profiles
- 11.1 Cree Lighting
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
- 11.2 OSRAM Licht AG
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
- 11.3 Panasonic Corporation
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
- 11.4 Signify Holding (Philips)
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
- 11.5 Hubbell Incorporated
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments
- 11.6 Lutron Electronics Co., Inc
- 11.6.1 Key Facts
- 11.6.2 Business Description
- 11.6.3 Products and Services
- 11.6.4 Financial Overview
- 11.6.5 SWOT Analysis
- 11.6.6 Key Developments
- 12. Appendix
- 12.1 About The Insight Partners
- 12.2 Word Index
- List of Tables
- Table 1. Asia Pacific Kitchen Lighting Market Revenue and Forecast to 2028 (US$ Million)
- Table 2. Asia Pacific: Kitchen Lighting Market, by Country - Revenue and Forecast to 2028 (US$ Million)
- Table 3. China: Kitchen Lighting Market, by Type - Revenue and Forecast to 2028 (US$ Million)
- Table 4. China: Kitchen Lighting Market, by Source - Revenue and Forecast to 2028 (US$ Million)
- Table 5. China: Kitchen Lighting Market, by Product - Revenue and Forecast to 2028 (US$ Million)
- Table 6. Japan: Kitchen Lighting Market, by Type - Revenue and Forecast to 2028 (US$ Million)
- Table 7. Japan: Kitchen Lighting Market, by Source - Revenue and Forecast to 2028 (US$ Million)
- Table 8. Japan: Kitchen Lighting Market, by Product - Revenue and Forecast to 2028 (US$ Million)
- Table 9. India: Kitchen Lighting Market, by Type - Revenue and Forecast to 2028 (US$ Million)
- Table 10. India: Kitchen Lighting Market, by Source - Revenue and Forecast to 2028 (US$ Million)
- Table 11. India: Kitchen Lighting Market, by Product - Revenue and Forecast to 2028 (US$ Million)
- Table 12. South Korea: Kitchen Lighting Market, by Type - Revenue and Forecast to 2028 (US$ Million)
- Table 13. South Korea: Kitchen Lighting Market, by Source - Revenue and Forecast to 2028 (US$ Million)
- Table 14. South Korea: Kitchen Lighting Market, by Product - Revenue and Forecast to 2028 (US$ Million)
- Table 15. Australia: Kitchen Lighting Market, by Type - Revenue and Forecast to 2028 (US$ Million)
- Table 16. Australia: Kitchen Lighting Market, by Source - Revenue and Forecast to 2028 (US$ Million)
- Table 17. Australia: Kitchen Lighting Market, by Product - Revenue and Forecast to 2028 (US$ Million)
- Table 18. Rest of APAC: Kitchen Lighting Market, by Type - Revenue and Forecast to 2028 (US$ Million)
- Table 19. Rest of APAC: Kitchen Lighting Market, by Source - Revenue and Forecast to 2028 (US$ Million)
- Table 20. Rest of APAC: Kitchen Lighting Market, by Product - Revenue and Forecast to 2028 (US$ Million)
- Table 21. List of Abbreviation
- List of Figures
- Figure 1. Asia Pacific Kitchen Lighting Market Segmentation
- Figure 2. Asia Pacific Kitchen Lighting Market Segmentation - by Country
- Figure 3. Asia Pacific Kitchen Lighting Market Overview
- Figure 4. Asia Pacific Kitchen Lighting Market, by Type
- Figure 5. Asia Pacific Kitchen Lighting Market, by Country
- Figure 6. Asia Pacific - PEST Analysis
- Figure 7. Asia pacific Kitchen Lighting Market: Impact Analysis of Drivers and Restraints
- Figure 8. Asia Pacific Kitchen Lighting Market Revenue Forecast and Analysis (US$ Million)
- Figure 9. Asia Pacific Kitchen Lighting Market Revenue Share, by Type (2020 and 2028)
- Figure 10. General Kitchen Lighting: Kitchen Lighting Market- Revenue and Forecast to 2028 (US$ Million)
- Figure 11. Task Kitchen Lighting: Kitchen Lighting Market- Revenue and Forecast to 2028 (US$ Million)
- Figure 12. Decorative Kitchen Lighting: Kitchen Lighting Market- Revenue and Forecast to 2028 (US$ Million)
- Figure 13. Asia Pacific Kitchen Lighting Market Revenue Share, by Source (2020 and 2028)
- Figure 14. Fluorescent: Kitchen Lighting Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 15. LED and OLED: Kitchen Lighting Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 16. Asia Pacific Kitchen Lighting Market Revenue Share, by Product (2020 and 2028)
- Figure 17. Island Lights: Kitchen Lighting Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 18. Pendant Lights: Kitchen Lighting Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 19. Ceiling Lights: Kitchen Lighting Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 20. Chandeliers: Kitchen Lighting Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 21. Track Lighting: Kitchen Lighting Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 22. Under Cabinet Lighting: Kitchen Lighting Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 23. Others: Kitchen Lighting Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 24. Geographic Overview of Asia Pacific Kitchen Lighting Market
- Figure 25. Asia Pacific: Kitchen Lighting Market Revenue Share, by Key Country (2020 and 2028)
- Figure 26. China: Kitchen Lighting Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 27. Japan: Kitchen Lighting Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 28. India: Kitchen Lighting Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 29. South Korea: Kitchen Lighting Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 30. Australia: Kitchen Lighting Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 31. Rest of APAC: Kitchen Lighting Market - Revenue and Forecast to 2028 (US$ Million)
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