Despite increasing sales, profitability was relatively lower compared to the Western region. Still, a few positive exceptions have emerged: Elba in Romania, Rabalux in Hungary and Vyrtych in the Czech Republic.
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The seventh edition of the CSIL report “The Contract Furniture and Furnishings Market in Europe” provides a comprehensive picture of the European contract furniture market with a focus on 17 countries.
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Today, major Chinese manufacturers of lighting fixtures (and related equipment) are mostly listed on the stock exchange. For some 30 companies among them it is possible to compare the 2016 and 2017 figures, and they are impressive. In one year, growth is approximately 15% on the domestic market and 12% abroad.
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The lighting fixtures market in the Middle East and North Africa (MENA) is currently estimated by CSIL worth US$ 3.1 billion, with positive expectations for 2018 and 2019. The retail channel is progressively expanding. Huge opportunities for lighting distribution come from the e-commerce channel
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The overall trend of the last five years remains strongly positive. In 2016, the major exporters were China, Germany, Mexico (overtaking the US), the United States, and Italy. Together they account for approximately 72% of the world exports of lighting fixtures
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