Analysis of Chinese Lamp Market in 2006 and 2007

Sep 20
09:37

2007

Steven ZHAO

Steven ZHAO

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After over 20 years’ development, Chinese lamp industry is shaping fast, the amount of company grows from the first decades to about 10,000 now, China has become a large country of producing lamp in the world.

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After over 20 years’ development,Analysis of Chinese Lamp Market in 2006 and 2007 Articles Chinese lamp industry rise very fast, the amount of company grows from the first decades to about 10,000 now, China has become a large country of producing lamp in the world. Most of the light producers are concentrated in Guangdong, Zhejiang, Shanghai, Jiangsu and so on, and turnout of these four provinces takes upwards of 70% of the total output in China.

It is forecasted to carry out accumulative total production value of RMB 97,120,592,000 yuan in Chinese lamp manufacturing in 2007, and sees year-on-year rises of 24%, sales earning of the whole year 2007 will be RMB 91,184,461,000 yuan, and sees year-on-year rises of 23.55%, total amount of accumulative profit will reach RMB 3,735,854,000 yuan, and sees year-on-year rises of 9.29%. In 2006, it carries out accumulative total production value of RMB 117,598,056,000 yuan in lighting and luminaire manufacturing, and sees year-on-year rises of 21.39%, sales earning of the whole year 2006 is RMB113,105,410,000 yuan, and sees year-on-year rises of 23.45%, total amount of accumulative profit reaches RMB 4,564,745,000 yuan, and sees year-on-year rises of 25.13%. Among them, floor lamp, table lamp, chandelier, crystal chandelier rises fastest

In recent years, development of lamp industry in China mingles hope and fear. On one hand, the amount of enterprise up rushes to 10,000, practitioners in this field are more than 1,000,000, it has tremendous potential in this market. On the other hand, there is few enterprises provided with scaled production, because of these small companies, phenomena of handwork workshops and handwork productions are at large. Chinese lamp industry, especially the capacious market of semiconductor lighting attracts investment of flock capital from abroad. Well-known brands of some international enterprises come into Chinese produce and sale field one after another, one reason is high increasing economy in China pushes industries interrelated with lighting to develop full of vitality, the second reason is they have a strong desire to separate the cake of Beijing Olympics in 2008 and World Expo 2010 Shanghai. The all-around layout in China of some preponderant enterprises from foreign countries brings competitive stress to home lighting instruments, and the keenest competition is the common luminaire products such asfloor lamp, table lamp, chandelier, crystal chandelieretc. Further more, with the jack-up of raw and processed materials price and execution of EU new anti-pollution statute, the lighting and luminaire industry in China will be in a rougher place.

China is one of the biggest processing base of the world lamp, these products takes on an obvious superiority of price, in the face of international luminaire competition, apart from basic demands such as price, design, brightness, capability, safety, anti-pollution, it needs to make more efforts on products’ diversification, specialization and complexity of function in Chinese luminaire industry, in particular lamps and lanterns, such asfloor lamp, table lamp, chandelier, crystal chandelieretc. Therefore, the sticking point of improving international competition power is to improve technology content and product addictive value of Chinese luminaires, gain varieties of designs and colors, open out lighting products for special purpose, increase export quality of Chinese lamps and lanterns.