The US import of chandeliers and other electric ceiling or wall lights is forecasted to steadily increase from 2024 onwards, with values rising from 5.95 billion USD in 2024 to approximately 6.734 billion USD by 2028. This reflects a consistent compound annual growth rate (CAGR) over the forecasted period. In 2023, the value stood at 5.8 billion USD. The year-on-year percentage increase from 2024 to 2025 is 3.39%, and from 2025 to 2026, it's projected to grow by 3.22%. The five-year CAGR from 2024 to 2028 is approximately 3.19%.
Future trends to monitor include technological advancements in smart lighting, which could drive import growth, as well as potential fluctuations due to international trade policies and economic conditions. Sustainability and energy efficiency trends may also impact market demand and import dynamics.
