Market Overview:

The decorative lighting market is experiencing rapid growth, driven by rising smart lighting demand, shift toward sustainable lighting, and bold aesthetic statements. According to IMARC Group's latest research publication, “Decorative Lighting Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2025-2033,” The global decorative lighting market size was valued at USD 42.69 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 55.5 Billion by 2033, exhibiting a CAGR of 3.0% from 2025-2033.

This detailed analysis primarily encompasses industry size, business trends, market share, sustainable lighting preferences, and regional forecasts. The report offers a comprehensive overview and integrates research findings, market assessments, and data from different sources. It also includes pivotal market dynamics like drivers and challenges, while also highlighting growth opportunities, financial insights, technological improvements, emerging trends, and innovations. Besides this, the report provides regional market evaluation, along with a competitive landscape analysis.

Grab a sample PDF of this report: https://www.imarcgroup.com/decorative-lighting-market/requestsample

Our report includes: 

• Market Dynamics
• Market Trends And Market Outlook
• Competitive Analysis
• Industry Segmentation
• Strategic Recommendations

Factors Affecting the Growth of the Decorative Lighting Industry:

• Rising Smart Lighting Demand:

Many consumers are buying into smart, connected lighting as their popularity grows. People are now looking for lighting that can be controlled via voice, adjusted through an app and saves energy. There are more and more IoT devices which explains why many are now buying devices that are easy to use and still match their preferences. Advances in design are being made by manufacturers so that lighting looks attractive and is easy to use in different places. People are choosing smart lighting because they prefer their homes to be both smooth and technologically advanced.

• Sustainable Lighting Preferences:

People are focusing on eco-friendly materials and saving energy when choosing decorative lights. Because LED lights are more durable and consume less energy, their use is common and fixture designers are now focusing more on recyclable and degradable materials. People are switching to sustainable brands as new aims and awareness grow in the industry. Reducing the effect of carbon emissions is a global objective, so eco-friendly lighting plays a major part in shaping the market.

• Bold Aesthetic Statements:

In recent years, many have considered innovative decorative lighting a main attraction in home décor. Today, many prefer unique shapes, mix different materials and choose vintage-style designs to express themselves in their homes. Places like hotels and restaurants are adopting bold lighting to improve the feel and visual identity of their business. This is an example of where yielding great lighting and art become one, with lights often chosen for their role in home design.

Our report provides a deep dive into the market analysis, outlining the current trends, underlying decorative lighting market demand, and growth trajectories.

Leading Companies Operating in the Global Decorative Lighting Industry:

• Acuity Brands Inc.
• Bridgelux Inc
• Crest LED Lighting
• Fagerhults Belysning AB
• General Electric Company
• Honeywell International Inc.
• Hubbell Incorporated
• Ideal Industries Inc.
• Maxim Lighting
• Nichia Corporation
• Osram Licht AG (ams AG)
• Signify Holding

Decorative Lighting Market Segmentation:

Breakup by Product Type:

• Chandelier
• Pendant
• Sconce
• Flush Mount
• Ceiling Mount
• Wall Mount
• Others

The sconce segment is driven by the growing popularity of accent lighting in interior design. 

Breakup by Light Source:

• LED
• Fluorescent
• Incandescent
• Others

LED held the largest market share of 39.8% in 2024. The light-emitting diode (LED) segment is being driven by a growing demand for energy-efficient and long-lasting lighting solutions.

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets
• Specialty Stores
• Online Stores
• Others

The increasing buyer’s desire for one-stop shopping experiences also drives the need for supermarkets and hypermarkets, through which a comprehensive assortment of decorative lighting products are available under a single roof.

Breakup by End User:

• Commercial
• Household

Commercial held the largest market share of 62.8% in 2024. The commercial segment of decorative lighting has been driven by the increasing need to create inviting and brand-aligned environments in retail, hospitality, and office spaces.

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

North America accounted for the largest market share of 37.6% in 2024. There's a growing incorporation of smart home technologies and stringent emphasis on an energy-efficient environment in North America, which continues to drive decorative lighting.

Research Methodology:

The report employs a comprehensive research methodology, combining primary and secondary data sources to validate findings. It includes market assessments, surveys, expert opinions, and data triangulation techniques to ensure accuracy and reliability.

Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact US:

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