The market size for chandeliers and other electric ceiling or wall lighting fittings in Poland was valued at 167.44 million Euros in 2023. From 2013 to 2019, the market experienced growth, peaking at 229.03 million Euros in 2018. However, it recorded a downward trend from 2020 onwards, with significant year-on-year declines over the last two years: -6.7% in 2021 and -7.16% in 2022, culminating in a further decline of -7.64% in 2023. The five-year compound annual growth rate (CAGR) was -6.07% during this period, indicating a consistent decrease in market value.
Future trends to watch for include:
- The impact of sustainability and demand for energy-efficient lighting solutions could potentially rejuvenate market interest.
- Technological advancements leading to smart lighting systems may create new growth opportunities.
- Regulatory changes and economic factors in Europe might also influence market recovery strategies and investment patterns.
How does Poland rank in Chandeliers and Other Electric Ceiling or Wall Lighting Fittings Market Size Value?
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,264,200,000 | 2023 | +2.34% | +2.99% | View data |
| 2 | 2 United Kingdom | 1,072,000,000 | 2023 | +0.55% | +0.13% | View data |
| 3 | 3 Spain | 776,550,000 | 2023 | +1.81% | +2.8% | View data |
| 4 | 4 Belgium | 270,180,000 | 2023 | +1.62% | +3.39% | View data |
| 5 | 5 Poland | 167,440,000 | 2023 | -7.64% | -6.07% | |
| 6 | 6 Portugal | 161,740,000 | 2023 | +5.91% | +0.63% | View data |
| 7 | 7 Finland | 122,770,000 | 2023 | -0.75% | -1.7% | View data |
