Japan Luxury Lighting Fixtures Market
Japan Luxury Lighting Fixtures Market size was valued at USD 268.5 million in 2020 and is anticipated to surpass USD 485.3 million by the end of 2030, expanding at a CAGR of 6.2% during the forecast period, i.e., 2020-2030. In 2025, the industry size of Japan luxury lighting fixtures is estimated at USD 358.9 million.
The luxury lighting fixtures market in Japan is expected to rise at a steady rate during the forecast period due to the increasing demand for aesthetically and functionally better lighting solutions in residential and commercial applications. Due to changes in consumer taste towards luxury and bespoke lighting solutions, manufacturers are now developing new products to meet various design needs. The market is also backed by various incentives from the government to encourage sustainable efforts and innovation in technology, which contribute to the market’s future growth. For instance, Japan government’s Green Growth Strategy plans to cut emissions by 46.0% by 2030, which has boosted the shift towards energy efficient lighting solutions in luxury products.
The growth in Japan luxury lighting market has been driven by technological developments and the integration of smart lighting systems used in smart homes and urban infrastructure. In January 2024, Toshiba came up with a new series of LED street lights with intelligent sensors to enhance public safety and save energy. This development supports the government’s vision for intelligent cities and underlines the importance of high-end lighting in improving the quality of cities. The further development of eco-friendly and networked lighting systems contributes to market growth and underlines the leading role of Japan in the development of new lighting technologies.
Growth Drivers
Challenges
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Base Year |
2024 |
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Forecast Year |
2020-2030 |
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CAGR |
6.2% |
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Base Year Market Size (2020) |
USD 268.5 million |
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Forecast Year Market Size (2030) |
USD 485.3 million |
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Country Scope |
Japan (Tokyo, Yokohama, Osaka, Nagoya, Sapporo, Fukuoka, Kawasaki, Kobe, Kyoto and Saitama) |
Light Source Type (LED Lamps, HID Lamps, Fluorescent Lamp, Other)
In japan luxury lighting fixtures market, LED lamps segment is predicted to capture over 40% revenue share by 2030. In February 2024, Nichia released a new line of high-efficiency LED chips for horticultural lighting, which is a new application for LED technology. The application of LED light in residential, commercial and industrial areas enhances the market dominance of LEDs in the long run. As the life expectancy of LED products increases and as they become smarter, this segment is anticipated to remain strong and dynamic.
Interior Design (Modern, Traditional, Transitional)
Modern segment is likely to capture japan luxury lighting fixtures market share of over 55% by 2030, due to changing consumer trends in lighting that favor simplicity and less ornamentation. In April 2024, Citizen introduced new LED downlights for commercial applications with improved features that respond to contemporary designs. Sophisticated design and use of high technology make modern luxury lighting fixtures the ideal solution for modern interiors. Thus, the further development of the Japanese architectural landscape will be led by the modern lighting segment.
Our in-depth analysis of the Japan luxury lighting fixtures market includes the following segments:
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Light Source Type |
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Interior Design |
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Application |
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End User |
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Tokyo Market Outlook
Tokyo is still the leading market for luxury lighting fixtures in Japan due to the increased number of commercial buildings, luxurious hotels, and upscale residential homes in the city. In January 2024, Toshiba launched smart LED streetlights in Tokyo, which supports the strategy of smart cities. Ongoing commitment to state-of-the-art design and technology means that the city has a growing and expanding market for luxury lighting products. Furthermore, Tokyo city has adopted the use of smart technology in residential and public areas turning into a potential investment prospect in luxury lighting solutions.
Osaka Market Outlook
The luxury lighting fixtures market in Osaka is expected to rise at a stable pace due to a rising number of hotels and retail outlets. In March 2024, Sharp launched solar-powered LED outdoor lights which were to be used in public areas in the city, which shows the city’s commitment to sustainable design. Osaka's development is further enhanced by continuous urban development projects and increased use of efficient lighting systems. As Osaka gears up for Expo 2025, the need for high-end lighting is expected to increase in the city and strengthen the company’s market standing.
The competition in Japan luxury lighting fixtures market is intense, and key players are constantly adding new products and incorporating new technologies to gain a competitive edge. The key players in the market are Moooi, Flos Japan K.K., NABA DENKI SANGYO CO LTD, and Odelic Co Ltd. These companies focus on innovation, quality and design to provide solutions to the growing needs of luxury lighting for homes and businesses. In March 2024, Odelic unveiled more than 1,000 models, thus strengthening its position as a market leader in terms of product offerings and international presence. This strategic move is consistent with the current market dynamics that have been characterized by the expansion of product offerings in a bid to meet the diverse needs of the consumers, thus improving the market position of Odelic and boosting the growth of the luxury lighting segment.
Here are some leading companies in the Japan luxury lighting fixtures market:
Author Credits: Parul Atri
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