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,” offers a comprehensive analysis of the industry, which comprises insights on the global decorative lighting market share. The global 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:

As smart connected lighting becomes more popular, many consumers are considering it for their next lighting purchase. Customers are increasingly seeking lighting options that can be voice-controlled, adjustable by an app, and use energy. There are more IoT devices available today which is likely a large factor in the uptake of devices that are user friendly as well as being compatible with their preferences. Manufacturers are also making design advances so that lighting appears to be attractive and is easy to manage in a variety of locations. Customers also prefer smart lighting as they would prefer their homes to be both sleek and technologically enabled.

• Sustainable Lighting Preferences:

People are targeting eco-friendly materials and reducing energy consumption with decorative lights. Because LEDs are durable and use less energy, the use of LED lighting is commonplace and fixture designers can often use much more recyclable and degradable materials when designing lighting fixtures. As new objectives and awareness increase in the industry, people are moving towards sustainable brands. Reducing the impact of carbon emissions is a global goal so eco-friendly lighting has a big part to play in future market directions.

• Bold Aesthetic Statements:

Innovative decorative lighting has become a primary focus in home décor. Nowadays, many people enjoy a unique shape, mixing materials , and vintage style designs to add their personality in their homes. Hotels or restaurants are adopting bold lighting that enhances the overall feeling and visual identity of their business. This is where lighting and art become one, often chosen in terms of its contribution to the home design.

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.

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