The global Sky Lanterns market size was valued at US$ 234.5 million in 2024 and is projected to reach US$ 312.4 million by 2030, at a CAGR of 4.9% during the forecast period 2024-2030.
The United States Sky Lanterns market size was valued at US$ 67.8 million in 2024 and is projected to US$ 87.9 million by 2030, at a CAGR of 4.4% during the forecast period 2024-2030.
Sky Lanterns are airborne paper lanterns powered by a small fuel cell, traditionally used in celebrations.
The global Sky Lanterns market is growing moderately, influenced by cultural celebrations and events. In 2023, total unit sales reached 120 million, with festival use accounting for 60% of demand. The wedding segment is growing at 5.5% annually. The market saw a 15% increase in demand for eco-friendly versions in 2023. Traditional designs dominate with an 80% market share, while biodegradable options are growing at 7% annually. Asia Pacific leads with a 55% market share, while Europe is the fastest-growing region at 5.2% CAGR. The industry is focusing on developing safety features, with a 18% growth in R&D investments.
Report Overview
Sky lanterns started in China, therefore, are sometimes called Chinese lanterns. They have been traditionally made of paper and candle on the interior. The newspaper casing is kept away in the candle flame and the warm air created by the fire causes the lantern to grow in the atmosphere.
This report provides a deep insight into the global Sky Lanterns market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Sky Lanterns Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Sky Lanterns market in any manner.
Global Sky Lanterns Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
- Battife
- LUMA
- Just Artifacts
- Sky High
- Just Artifacts
- Nuluphu
- Including or Excluding key companies relevant to your analysis.
Market Segmentation (by Type)
Market Segmentation (by Application)
Geographic Segmentation
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
TABLE OF CONTENTS
Table of Contents
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Sky Lanterns
1.2 Key Market Segments
1.2.1 Sky Lanterns Segment by Type
1.2.2 Sky Lanterns Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Sky Lanterns Market Overview
2.1 Global Market Overview
2.1.1 Global Sky Lanterns Market Size (M USD) Estimates and Forecasts (2019-2030)
2.1.2 Global Sky Lanterns Sales Estimates and Forecasts (2019-2030)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Sky Lanterns Market Competitive Landscape
3.1 Global Sky Lanterns Sales by Manufacturers (2019-2024)
3.2 Global Sky Lanterns Revenue Market Share by Manufacturers (2019-2024)
3.3 Sky Lanterns Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Sky Lanterns Average Price by Manufacturers (2019-2024)
3.5 Manufacturers Sky Lanterns Sales Sites, Area Served, Product Type
3.6 Sky Lanterns Market Competitive Situation and Trends
3.6.1 Sky Lanterns Market Concentration Rate
3.6.2 Global 5 and 10 Largest Sky Lanterns Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Sky Lanterns Industry Chain Analysis
4.1 Sky Lanterns Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Sky Lanterns Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Sky Lanterns Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Sky Lanterns Sales Market Share by Type (2019-2024)
6.3 Global Sky Lanterns Market Size Market Share by Type (2019-2024)
6.4 Global Sky Lanterns Price by Type (2019-2024)
7 Sky Lanterns Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Sky Lanterns Market Sales by Application (2019-2024)
7.3 Global Sky Lanterns Market Size (M USD) by Application (2019-2024)
7.4 Global Sky Lanterns Sales Growth Rate by Application (2019-2024)
8 Sky Lanterns Market Segmentation by Region
8.1 Global Sky Lanterns Sales by Region
8.1.1 Global Sky Lanterns Sales by Region
8.1.2 Global Sky Lanterns Sales Market Share by Region
8.2 North America
8.2.1 North America Sky Lanterns Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Sky Lanterns Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Sky Lanterns Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Sky Lanterns Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Sky Lanterns Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Battife
9.1.1 Battife Sky Lanterns Basic Information
9.1.2 Battife Sky Lanterns Product Overview
9.1.3 Battife Sky Lanterns Product Market Performance
9.1.4 Battife Business Overview
9.1.5 Battife Sky Lanterns SWOT Analysis
9.1.6 Battife Recent Developments
9.2 LUMA
9.2.1 LUMA Sky Lanterns Basic Information
9.2.2 LUMA Sky Lanterns Product Overview
9.2.3 LUMA Sky Lanterns Product Market Performance
9.2.4 LUMA Business Overview
9.2.5 LUMA Sky Lanterns SWOT Analysis
9.2.6 LUMA Recent Developments
9.3 Just Artifacts
9.3.1 Just Artifacts Sky Lanterns Basic Information
9.3.2 Just Artifacts Sky Lanterns Product Overview
9.3.3 Just Artifacts Sky Lanterns Product Market Performance
9.3.4 Just Artifacts Sky Lanterns SWOT Analysis
9.3.5 Just Artifacts Business Overview
9.3.6 Just Artifacts Recent Developments
9.4 Sky High
9.4.1 Sky High Sky Lanterns Basic Information
9.4.2 Sky High Sky Lanterns Product Overview
9.4.3 Sky High Sky Lanterns Product Market Performance
9.4.4 Sky High Business Overview
9.4.5 Sky High Recent Developments
9.5 Just Artifacts
9.5.1 Just Artifacts Sky Lanterns Basic Information
9.5.2 Just Artifacts Sky Lanterns Product Overview
9.5.3 Just Artifacts Sky Lanterns Product Market Performance
9.5.4 Just Artifacts Business Overview
9.5.5 Just Artifacts Recent Developments
9.6 Nuluphu
9.6.1 Nuluphu Sky Lanterns Basic Information
9.6.2 Nuluphu Sky Lanterns Product Overview
9.6.3 Nuluphu Sky Lanterns Product Market Performance
9.6.4 Nuluphu Business Overview
9.6.5 Nuluphu Recent Developments
10 Sky Lanterns Market Forecast by Region
10.1 Global Sky Lanterns Market Size Forecast
10.2 Global Sky Lanterns Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Sky Lanterns Market Size Forecast by Country
10.2.3 Asia Pacific Sky Lanterns Market Size Forecast by Region
10.2.4 South America Sky Lanterns Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Sky Lanterns by Country
11 Forecast Market by Type and by Application (2025-2030)
11.1 Global Sky Lanterns Market Forecast by Type (2025-2030)
11.1.1 Global Forecasted Sales of Sky Lanterns by Type (2025-2030)
11.1.2 Global Sky Lanterns Market Size Forecast by Type (2025-2030)
11.1.3 Global Forecasted Price of Sky Lanterns by Type (2025-2030)
11.2 Global Sky Lanterns Market Forecast by Application (2025-2030)
11.2.1 Global Sky Lanterns Sales (K Units) Forecast by Application
11.2.2 Global Sky Lanterns Market Size (M USD) Forecast by Application (2025-2030)
12 Conclusion and Key Findings
LIST OF TABLES & FIGURES
List of Tables
Table 1. Introduction of the Type
Table 2. Introduction of the Application
Table 3. Market Size (M USD) Segment Executive Summary
Table 4. Sky Lanterns Market Size Comparison by Region (M USD)
Table 5. Global Sky Lanterns Sales (K Units) by Manufacturers (2019-2024)
Table 6. Global Sky Lanterns Sales Market Share by Manufacturers (2019-2024)
Table 7. Global Sky Lanterns Revenue (M USD) by Manufacturers (2019-2024)
Table 8. Global Sky Lanterns Revenue Share by Manufacturers (2019-2024)
Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Sky Lanterns as of 2022)
Table 10. Global Market Sky Lanterns Average Price (USD/Unit) of Key Manufacturers (2019-2024)
Table 11. Manufacturers Sky Lanterns Sales Sites and Area Served
Table 12. Manufacturers Sky Lanterns Product Type
Table 13. Global Sky Lanterns Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 14. Mergers & Acquisitions, Expansion Plans
Table 15. Industry Chain Map of Sky Lanterns
Table 16. Market Overview of Key Raw Materials
Table 17. Midstream Market Analysis
Table 18. Downstream Customer Analysis
Table 19. Key Development Trends
Table 20. Driving Factors
Table 21. Sky Lanterns Market Challenges
Table 22. Global Sky Lanterns Sales by Type (K Units)
Table 23. Global Sky Lanterns Market Size by Type (M USD)
Table 24. Global Sky Lanterns Sales (K Units) by Type (2019-2024)
Table 25. Global Sky Lanterns Sales Market Share by Type (2019-2024)
Table 26. Global Sky Lanterns Market Size (M USD) by Type (2019-2024)
Table 27. Global Sky Lanterns Market Size Share by Type (2019-2024)
Table 28. Global Sky Lanterns Price (USD/Unit) by Type (2019-2024)
Table 29. Global Sky Lanterns Sales (K Units) by Application
Table 30. Global Sky Lanterns Market Size by Application
Table 31. Global Sky Lanterns Sales by Application (2019-2024) & (K Units)
Table 32. Global Sky Lanterns Sales Market Share by Application (2019-2024)
Table 33. Global Sky Lanterns Sales by Application (2019-2024) & (M USD)
Table 34. Global Sky Lanterns Market Share by Application (2019-2024)
Table 35. Global Sky Lanterns Sales Growth Rate by Application (2019-2024)
Table 36. Global Sky Lanterns Sales by Region (2019-2024) & (K Units)
Table 37. Global Sky Lanterns Sales Market Share by Region (2019-2024)
Table 38. North America Sky Lanterns Sales by Country (2019-2024) & (K Units)
Table 39. Europe Sky Lanterns Sales by Country (2019-2024) & (K Units)
Table 40. Asia Pacific Sky Lanterns Sales by Region (2019-2024) & (K Units)
Table 41. South America Sky Lanterns Sales by Country (2019-2024) & (K Units)
Table 42. Middle East and Africa Sky Lanterns Sales by Region (2019-2024) & (K Units)
Table 43. Battife Sky Lanterns Basic Information
Table 44. Battife Sky Lanterns Product Overview
Table 45. Battife Sky Lanterns Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 46. Battife Business Overview
Table 47. Battife Sky Lanterns SWOT Analysis
Table 48. Battife Recent Developments
Table 49. LUMA Sky Lanterns Basic Information
Table 50. LUMA Sky Lanterns Product Overview
Table 51. LUMA Sky Lanterns Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 52. LUMA Business Overview
Table 53. LUMA Sky Lanterns SWOT Analysis
Table 54. LUMA Recent Developments
Table 55. Just Artifacts Sky Lanterns Basic Information
Table 56. Just Artifacts Sky Lanterns Product Overview
Table 57. Just Artifacts Sky Lanterns Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 58. Just Artifacts Sky Lanterns SWOT Analysis
Table 59. Just Artifacts Business Overview
Table 60. Just Artifacts Recent Developments
Table 61. Sky High Sky Lanterns Basic Information
Table 62. Sky High Sky Lanterns Product Overview
Table 63. Sky High Sky Lanterns Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 64. Sky High Business Overview
Table 65. Sky High Recent Developments
Table 66. Just Artifacts Sky Lanterns Basic Information
Table 67. Just Artifacts Sky Lanterns Product Overview
Table 68. Just Artifacts Sky Lanterns Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 69. Just Artifacts Business Overview
Table 70. Just Artifacts Recent Developments
Table 71. Nuluphu Sky Lanterns Basic Information
Table 72. Nuluphu Sky Lanterns Product Overview
Table 73. Nuluphu Sky Lanterns Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 74. Nuluphu Business Overview
Table 75. Nuluphu Recent Developments
Table 76. Global Sky Lanterns Sales Forecast by Region (2025-2030) & (K Units)
Table 77. Global Sky Lanterns Market Size Forecast by Region (2025-2030) & (M USD)
Table 78. North America Sky Lanterns Sales Forecast by Country (2025-2030) & (K Units)
Table 79. North America Sky Lanterns Market Size Forecast by Country (2025-2030) & (M USD)
Table 80. Europe Sky Lanterns Sales Forecast by Country (2025-2030) & (K Units)
Table 81. Europe Sky Lanterns Market Size Forecast by Country (2025-2030) & (M USD)
Table 82. Asia Pacific Sky Lanterns Sales Forecast by Region (2025-2030) & (K Units)
Table 83. Asia Pacific Sky Lanterns Market Size Forecast by Region (2025-2030) & (M USD)
Table 84. South America Sky Lanterns Sales Forecast by Country (2025-2030) & (K Units)
Table 85. South America Sky Lanterns Market Size Forecast by Country (2025-2030) & (M USD)
Table 86. Middle East and Africa Sky Lanterns Consumption Forecast by Country (2025-2030) & (Units)
Table 87. Middle East and Africa Sky Lanterns Market Size Forecast by Country (2025-2030) & (M USD)
Table 88. Global Sky Lanterns Sales Forecast by Type (2025-2030) & (K Units)
Table 89. Global Sky Lanterns Market Size Forecast by Type (2025-2030) & (M USD)
Table 90. Global Sky Lanterns Price Forecast by Type (2025-2030) & (USD/Unit)
Table 91. Global Sky Lanterns Sales (K Units) Forecast by Application (2025-2030)
Table 92. Global Sky Lanterns Market Size Forecast by Application (2025-2030) & (M USD)
List of Figures
Figure 1. Product Picture of Sky Lanterns
Figure 2. Data Triangulation
Figure 3. Key Caveats
Figure 4. Global Sky Lanterns Market Size (M USD), 2019-2030
Figure 5. Global Sky Lanterns Market Size (M USD) (2019-2030)
Figure 6. Global Sky Lanterns Sales (K Units) & (2019-2030)
Figure 7. Evaluation Matrix of Segment Market Development Potential (Type)
Figure 8. Evaluation Matrix of Segment Market Development Potential (Application)
Figure 9. Evaluation Matrix of Regional Market Development Potential
Figure 10. Sky Lanterns Market Size by Country (M USD)
Figure 11. Sky Lanterns Sales Share by Manufacturers in 2023
Figure 12. Global Sky Lanterns Revenue Share by Manufacturers in 2023
Figure 13. Sky Lanterns Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2023
Figure 14. Global Market Sky Lanterns Average Price (USD/Unit) of Key Manufacturers in 2023
Figure 15. The Global 5 and 10 Largest Players: Market Share by Sky Lanterns Revenue in 2023
Figure 16. Evaluation Matrix of Segment Market Development Potential (Type)
Figure 17. Global Sky Lanterns Market Share by Type
Figure 18. Sales Market Share of Sky Lanterns by Type (2019-2024)
Figure 19. Sales Market Share of Sky Lanterns by Type in 2023
Figure 20. Market Size Share of Sky Lanterns by Type (2019-2024)
Figure 21. Market Size Market Share of Sky Lanterns by Type in 2023
Figure 22. Evaluation Matrix of Segment Market Development Potential (Application)
Figure 23. Global Sky Lanterns Market Share by Application
Figure 24. Global Sky Lanterns Sales Market Share by Application (2019-2024)
Figure 25. Global Sky Lanterns Sales Market Share by Application in 2023
Figure 26. Global Sky Lanterns Market Share by Application (2019-2024)
Figure 27. Global Sky Lanterns Market Share by Application in 2023
Figure 28. Global Sky Lanterns Sales Growth Rate by Application (2019-2024)
Figure 29. Global Sky Lanterns Sales Market Share by Region (2019-2024)
Figure 30. North America Sky Lanterns Sales and Growth Rate (2019-2024) & (K Units)
Figure 31. North America Sky Lanterns Sales Market Share by Country in 2023
Figure 32. U.S. Sky Lanterns Sales and Growth Rate (2019-2024) & (K Units)
Figure 33. Canada Sky Lanterns Sales (K Units) and Growth Rate (2019-2024)
Figure 34. Mexico Sky Lanterns Sales (Units) and Growth Rate (2019-2024)
Figure 35. Europe Sky Lanterns Sales and Growth Rate (2019-2024) & (K Units)
Figure 36. Europe Sky Lanterns Sales Market Share by Country in 2023
Figure 37. Germany Sky Lanterns Sales and Growth Rate (2019-2024) & (K Units)
Figure 38. France Sky Lanterns Sales and Growth Rate (2019-2024) & (K Units)
Figure 39. U.K. Sky Lanterns Sales and Growth Rate (2019-2024) & (K Units)
Figure 40. Italy Sky Lanterns Sales and Growth Rate (2019-2024) & (K Units)
Figure 41. Russia Sky Lanterns Sales and Growth Rate (2019-2024) & (K Units)
Figure 42. Asia Pacific Sky Lanterns Sales and Growth Rate (K Units)
Figure 43. Asia Pacific Sky Lanterns Sales Market Share by Region in 2023
Figure 44. China Sky Lanterns Sales and Growth Rate (2019-2024) & (K Units)
Figure 45. Japan Sky Lanterns Sales and Growth Rate (2019-2024) & (K Units)
Figure 46. South Korea Sky Lanterns Sales and Growth Rate (2019-2024) & (K Units)
Figure 47. India Sky Lanterns Sales and Growth Rate (2019-2024) & (K Units)
Figure 48. Southeast Asia Sky Lanterns Sales and Growth Rate (2019-2024) & (K Units)
Figure 49. South America Sky Lanterns Sales and Growth Rate (K Units)
Figure 50. South America Sky Lanterns Sales Market Share by Country in 2023
Figure 51. Brazil Sky Lanterns Sales and Growth Rate (2019-2024) & (K Units)
Figure 52. Argentina Sky Lanterns Sales and Growth Rate (2019-2024) & (K Units)
Figure 53. Columbia Sky Lanterns Sales and Growth Rate (2019-2024) & (K Units)
Figure 54. Middle East and Africa Sky Lanterns Sales and Growth Rate (K Units)
Figure 55. Middle East and Africa Sky Lanterns Sales Market Share by Region in 2023
Figure 56. Saudi Arabia Sky Lanterns Sales and Growth Rate (2019-2024) & (K Units)
Figure 57. UAE Sky Lanterns Sales and Growth Rate (2019-2024) & (K Units)
Figure 58. Egypt Sky Lanterns Sales and Growth Rate (2019-2024) & (K Units)
Figure 59. Nigeria Sky Lanterns Sales and Growth Rate (2019-2024) & (K Units)
Figure 60. South Africa Sky Lanterns Sales and Growth Rate (2019-2024) & (K Units)
Figure 61. Global Sky Lanterns Sales Forecast by Volume (2019-2030) & (K Units)
Figure 62. Global Sky Lanterns Market Size Forecast by Value (2019-2030) & (M USD)
Figure 63. Global Sky Lanterns Sales Market Share Forecast by Type (2025-2030)
Figure 64. Global Sky Lanterns Market Share Forecast by Type (2025-2030)
Figure 65. Global Sky Lanterns Sales Forecast by Application (2025-2030)
Figure 66. Global Sky Lanterns Market Share Forecast by Application (2025-2030)
