News from Lang'ao Lighting: Market Analysis of Crystal
Author:lonyal holding     Time:02-22 21:33       Hits:

Crystal lamps have been in the domestic market for twenty to thirty years. Especially in the past decade or so, with the rapid development of China's economy and the improvement of people's living standards, crystal lamps have been sought after by more and more people. However, every industry has its cycle. So, after more than a decade of rapid growth, can the crystal lamp industry still usher in a golden development period in the future? Or will it decline under the influence of the economic crisis? As a part of building decoration materials, crystal lamps are closely related to the development of the real estate industry. On the one hand, the international financial crisis has not bottomed out yet, and uncertain factors still exist. On the other hand, signs of China's economic stabilization and recovery are emerging, and the demand in the real estate market remains very strong. Facing such an economic environment, what kind of market prospects will crystal lamps have? Setting aside various vague predictions and analyzing in combination with the current economic situation and the advantages and disadvantages of crystal lamps themselves may bring us many real and simple insights. **Background Analysis** **Obvious signs of the real estate market warming up** Industry insiders analyzed that the construction and sales of real estate have driven the demand for many related upstream and downstream industries. For example, it has a very direct driving effect on the construction industry, basic materials, and the financial industry. **The boom in large - scale hotel projects continues** The 2008 Beijing Olympics, the 2010 Shanghai World Expo, and the 2012 Guangzhou Asian Games have not only promoted the economic development of the host cities but also presented a good opportunity for the development of the national tourism industry. These events will attract numerous visitors and tourists from all over the world, creating excellent opportunities for the tourism industry and greatly promoting the development of the hotel industry. The continuous positive development of the economy has laid a solid foundation for the development of the hotel industry. Although the economic crisis hit in 2008, the construction and opening of high - star hotels still maintained an inertial growth trend and expanded from first - tier cities to some second - tier cities. However, from an overall development perspective, high - star hotels have entered or are about to enter a peak period. All signs indicate that although the real estate market has started a substantial recovery, the market effect of the lighting industry will be relatively lagged. Therefore, entrepreneurs still cannot be overly optimistic. Relatively speaking, as the "nobles among lamps", crystal lamps are often favored by large - scale hotel projects. Therefore, the continuous and stable development of the hotel industry has also driven the development of some crystal lamp enterprises. **Advantages and Disadvantages of the Development of Crystal Lamps** **Good decorative effect** As an imported product, crystal lamps have been loved by people since they entered the Chinese domestic market. With the increasing improvement of people's quality of life and taste, in addition to star - rated hotels, crystal lamps have also begun to appear frequently in more and more villas, luxury houses, and residential apartments. Xu Dongming, a designer from Hangzhou, said, "Crystal lamps have a prominent light and shadow effect. Through reflection and refraction in all directions, they can achieve a delicate and luxurious effect." Liu Jiahao, a designer from Xi'an, also said, "The bright light of crystal lamps can showcase the dignity and luxury of the space. Whether it is in a retro or modern style, it can make the space get rid of dullness and monotony." Li Hong, a designer from Shenzhen, also said that he likes to use crystal lamps because they can effectively enhance the grade of the space and create a glittering and translucent effect. However, the drawback is that the glare is relatively strong, and they are only suitable for large spaces and foyers. According to a sample survey of our magazine, most designers from all over the country recognize the good decorative effect of crystal lamps, which shows the importance of crystal lamps in the eyes of designers.

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