The Asia Pacific Kitchen Lighting Market would witness market growth of 7.9% CAGR during the forecast period (2022-2028).
Kitchen lighting can be utilized to assure visibility for practical purposes, or it can be used to enhance the style and illuminate key areas. Kitchen lights go a long way toward designing the ideal kitchen. Technology has provided users as well as manufacturers a lot of options. Good lighting in the kitchen offers the visibility needed to prepare and make meals and can also create a mood and improve the room's overall appearance.
Accidents, improper meal preparation, as well as a less pleasurable cooking experience, can all result from inadequate lighting. Safety is a major factor in the need for proper lighting in the kitchen. The ability to see what is being done is essential while working with hot equipment and sharp utensils. By highlighting potential dangers like electrical cables or wet floors, good illumination can also assist in preventing accidents.
India's home improvement sector is making more money. Home remodeling is driven by the trend toward greater energy efficiency brought on by advantageous government regulations and the need to lower electricity bills. In addition, the fact that India now includes tax credits in its green building standards has contributed to the market's expansion. Similarly to this, the development of the home improvement industry is being boosted by decreasing financing rates and rising land costs. The country's economic expansion, internal and external migration, rising employment, and fast urbanization are other important factors influencing demand. Moreover, due to the government's reduction of taxes and the region's fast urbanization, the market for kitchen lighting is likely to rise.
The China market dominated the Asia Pacific Kitchen Lighting Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2021.2 Million by 2028.The Japan market is estimated to grow a CAGR of 7.3% during (2022 - 2028). Additionally, The India market would experience a CAGR of 8.6% during (2022 - 2028).
Based on Distribution Channel, the market is segmented into Online and Offline. Based on Product Type, the market is segmented into Pendant Lighting, Under Cabinet Lighting, Island Lighting and Track Lighting. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Panasonic Corporation, Acuity Brands Lighting, Inc., Signify N.V., Koninklijke Philips N.V., General Electric Company, Havells India Ltd., Kichler Lighting LLC, Hubbell Incorporated, ams-OSRAM AG, and Lutron Electronics.
Kitchen lighting can be utilized to assure visibility for practical purposes, or it can be used to enhance the style and illuminate key areas. Kitchen lights go a long way toward designing the ideal kitchen. Technology has provided users as well as manufacturers a lot of options. Good lighting in the kitchen offers the visibility needed to prepare and make meals and can also create a mood and improve the room's overall appearance.
Accidents, improper meal preparation, as well as a less pleasurable cooking experience, can all result from inadequate lighting. Safety is a major factor in the need for proper lighting in the kitchen. The ability to see what is being done is essential while working with hot equipment and sharp utensils. By highlighting potential dangers like electrical cables or wet floors, good illumination can also assist in preventing accidents.
India's home improvement sector is making more money. Home remodeling is driven by the trend toward greater energy efficiency brought on by advantageous government regulations and the need to lower electricity bills. In addition, the fact that India now includes tax credits in its green building standards has contributed to the market's expansion. Similarly to this, the development of the home improvement industry is being boosted by decreasing financing rates and rising land costs. The country's economic expansion, internal and external migration, rising employment, and fast urbanization are other important factors influencing demand. Moreover, due to the government's reduction of taxes and the region's fast urbanization, the market for kitchen lighting is likely to rise.
The China market dominated the Asia Pacific Kitchen Lighting Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2021.2 Million by 2028.The Japan market is estimated to grow a CAGR of 7.3% during (2022 - 2028). Additionally, The India market would experience a CAGR of 8.6% during (2022 - 2028).
Based on Distribution Channel, the market is segmented into Online and Offline. Based on Product Type, the market is segmented into Pendant Lighting, Under Cabinet Lighting, Island Lighting and Track Lighting. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Panasonic Corporation, Acuity Brands Lighting, Inc., Signify N.V., Koninklijke Philips N.V., General Electric Company, Havells India Ltd., Kichler Lighting LLC, Hubbell Incorporated, ams-OSRAM AG, and Lutron Electronics.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
- Online
- Offline
By Product Type
- Pendant Lighting
- Under Cabinet Lighting
- Island Lighting
- Track Lighting
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Panasonic Corporation
- Acuity Brands Lighting, Inc
- Signify N.V
- Koninklijke Philips N.V
- General Electric Company
- Havells India Ltd
- Kichler Lighting LLC
- Hubbell Incorporated
- ams-OSRAM AG
- Lutron Electronics
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Kitchen Lighting Market, by Distribution Channel
1.4.2 Asia Pacific Kitchen Lighting Market, by Product Type
1.4.3 Asia Pacific Kitchen Lighting Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Kitchen Lighting Market by Distribution Channel
3.1 Asia Pacific Online Market by Country
3.2 Asia Pacific Offline Market by Country
Chapter 4. Asia Pacific Kitchen Lighting Market by Product Type
4.1 Asia Pacific Pendant Lighting Market by Country
4.2 Asia Pacific Under Cabinet Lighting Market by Country
4.3 Asia Pacific Island Lighting Market by Country
4.4 Asia Pacific Track Lighting Market by Country
Chapter 5. Asia Pacific Kitchen Lighting Market by Country
5.1 China Kitchen Lighting Market
5.1.1 China Kitchen Lighting Market by Distribution Channel
5.1.2 China Kitchen Lighting Market by Product Type
5.2 Japan Kitchen Lighting Market
5.2.1 Japan Kitchen Lighting Market by Distribution Channel
5.2.2 Japan Kitchen Lighting Market by Product Type
5.3 India Kitchen Lighting Market
5.3.1 India Kitchen Lighting Market by Distribution Channel
5.3.2 India Kitchen Lighting Market by Product Type
5.4 South Korea Kitchen Lighting Market
5.4.1 South Korea Kitchen Lighting Market by Distribution Channel
5.4.2 South Korea Kitchen Lighting Market by Product Type
5.5 Singapore Kitchen Lighting Market
5.5.1 Singapore Kitchen Lighting Market by Distribution Channel
5.5.2 Singapore Kitchen Lighting Market by Product Type
5.6 Malaysia Kitchen Lighting Market
5.6.1 Malaysia Kitchen Lighting Market by Distribution Channel
5.6.2 Malaysia Kitchen Lighting Market by Product Type
5.7 Rest of Asia Pacific Kitchen Lighting Market
5.7.1 Rest of Asia Pacific Kitchen Lighting Market by Distribution Channel
5.7.2 Rest of Asia Pacific Kitchen Lighting Market by Product Type
Chapter 6. Company Profiles
6.1 Panasonic Corporation
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expense
6.1.5 SWOT Analysis
6.2 Acuity Brands Lighting, Inc.
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Regional and Segmental Analysis
6.2.4 Research & Development Expense
6.2.5 Recent strategies and developments:
6.2.5.1 Partnerships, Collaborations, and Agreements:
6.2.5.2 Product Launches and Product Expansions:
6.3 Signify N.V.
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expense
6.3.5 Recent strategies and developments:
6.3.5.1 Acquisition and Mergers:
6.4 Koninklijke Philips N.V.
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.4.4 Research & Development Expense
6.5 General Electric Company
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 Research & Development Expense
6.6 Havells India Ltd.
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental and Regional Analysis
6.6.4 Research & Development Expenses
6.7 Kichler Lighting LLC (Masco Corporation)
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Segmental and Regional Analysis
6.8 Hubbell Incorporated
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental and Regional Analysis
6.8.4 Research & Development Expenses
6.9 ams-OSRAM AG
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Segmental and Regional Analysis
6.9.4 Research & Development Expense
6.10. Lutron Electronics Co., Inc.
6.10.1 Company Overview
Companies Mentioned
- Panasonic Corporation
- Acuity Brands Lighting, Inc.
- Signify N.V.
- Koninklijke Philips N.V.
- General Electric Company
- Havells India Ltd.
- Kichler Lighting LLC
- Hubbell Incorporated
- ams-OSRAM AG
- Lutron Electronics
Methodology
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