The kitchen lighting market is projected to reach US$ 30,707.36 million by 2028 from US$ 17,058.05 million in 2021; it is estimated to grow at a CAGR of 8.8% from 2021 to 2028.
The most popular kitchen lighting market trends are brighter, more innovative, and more attractive than ever. In terms of kitchen lighting market, the following are the trends that expect to see:
Layered Lighting: Layered lighting refers to the use of various lighting sources to achieve a well-lit and balanced room, which not only serves a practical purpose but also creates a stylish image. With layered lighting, one can brighten up dim areas and use high-intensity lights in places where clearer visibility is required, such as over the cooktop. Bright lights are also known as task lights, which help to enhance visibility while preparing meals. To create a more relaxed ambiance, one can install a dimmer ceiling light over the dining area and achieve a layered lighting effect.
Smart Bulbs: Smart bulbs play a crucial role in selecting the right lighting for a home. Warm-toned lights bring comfort to a room, while cool-toned bulbs create a serene and rejuvenating atmosphere. Bright and white lights are suitable for cooking, while mellow yellow lights work well during mealtime. For a party, choosing bright hues such as blue or red would be ideal. One can also program light to turn on and off at specific times of the day.
Metallic Lights: In the upcoming trends, metallic lighting fixtures are expected to gain popularity, with pops of brass, gold, and silver. The use of metal with wood cabinets or matching metal sinks creates a beautiful result. Lighting has a significant impact on the ambiance of a room, and steel lighting gives any kitchen a modern and clean look. Pairing steel lighting with warm-toned lights can create a fascinating contrast.
The market size of the kitchen lighting industry has been determined by a comprehensive analysis of both primary and secondary sources. In order to obtain qualitative and quantitative information related to the market, extensive secondary research using both internal and external sources was conducted at the beginning of the research process. This process also aimed to provide an overview and forecast of the kitchen lighting market for all segments. Furthermore, primary interviews were conducted with various industry participants, including VPs, business development managers, market intelligence managers, and national sales managers, as well as external consultants such as valuation experts, research analysts, and key opinion leaders, who specialize in the kitchen lighting market. These interviews were conducted to validate data and gain additional analytical insights into the topic.
The kitchen lighting market is segmented based on type, source, product, and geography. Based on type, the market is segmented into general kitchen lighting, task kitchen lighting, and decorative kitchen lighting. Based on source, the market is segmented into fluorescent, LED, and OLED. Based on product, the kitchen lighting market is segmented into island lights, pendant lights, ceiling lights, chandeliers, track lighting, under cabinet lighting, and others. In terms of geography, the market is primarily divided into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
Acuity Brands, Inc.; Cree Inc.; Eaton Corporation; General Electric; Hubbell Lighting Inc; Kichler Lighting LLC; Lutron Electronics Co., Inc.; Osram Licht AG; Panasonic Corporation; and Signify Holding are among the major companies operating in the kitchen lighting market.