+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Decorative Lighting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

  • PDF Icon

    Report

  • 143 Pages
  • May 2023
  • Region: Global
  • IMARC Group
  • ID: 5820797
Description Jump to:
The global decorative lighting market size reached US$ 40.0 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 50.0 Billion by 2028, exhibiting a growth rate (CAGR) of 3.5% during 2023-2028.

Decorative lighting is an illumination source manufactured using incandescent, fluorescent and light-emitting diodes (LED) that emit faded or bright lights of different colors. Chandelier, ceiling, flush-mount, pendants, and sconce are some of the commonly used decorative lightings. These lights are available in various shapes, textures, styles, and sizes and can be customized accordingly. Decorative lighting assists in enhancing the beauty of living spaces and homes by increasing the overall aesthetics of the room. It can easily be hardwired or plugged into an outlet and powered using a battery or solar energy. It can also be used in indoor and outdoor lighting to highlight various models, paintings, and objects in rooms and halls. As a result, decorating lightings are widely used across salons, restaurants, and households.

Decorative Lighting Market Trends:

The increasing demand for decorative lighting in the residential and commercial sectors is one of the key factors driving the growth of the market. Decorative lighting aids in illuminating workspaces within the home and is widely used in ceilings, tables, kitchens, walls, and under cabinets. In line with this, the changing design styles and trends in interior designing toward creating space, improving space efficiency, lighting effect, and enhancing aesthetic appeal is favouring the market growth. Moreover, various technological advancements, such as the introduction of smart sensors in decorative lighting, is providing a considerable boost to the market growth. Additionally, the increasing demand for decorative lighting has compelled the key manufacturers to collaborate and introduce umpteen other advanced product variants, such as sensor-based decorative lighting, which is providing an impetus to the market growth. Apart from this, the rising expenditure capacities of the consumers and the implementation of various government initiatives to enhance infrastructural development are creating a positive outlook for the market.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global decorative lighting market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, light source, distribution channel and end user.

Breakup by Product Type:

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

Breakup by Light Source:

  • LED
  • Fluorescent
  • Incandescent
  • Others

Breakup by Distribution Channel:

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

Breakup by End User:

  • Commercial
  • Household

Breakup by Region:

North America

  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others

Europe

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others

Latin America

  • Brazil
  • Mexico
  • Others

Middle East and Africa


Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 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) and Signify Holding.

Key Questions Answered in This Report:

  • How has the global decorative lighting market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global decorative lighting market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the light source?
  • What is the breakup of the market based on the distribution channel?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global decorative lighting market and who are the key players?
  • What is the degree of competition in the industry?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Decorative Lighting Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Chandelier
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Pendant
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Sconce
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Flush Mount
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Ceiling Mount
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Wall Mount
6.6.1 Market Trends
6.6.2 Market Forecast
6.7 Others
6.7.1 Market Trends
6.7.2 Market Forecast
7 Market Breakup by Light Source
7.1 LED
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Fluorescent
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Incandescent
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Distribution Channel
8.1 Hypermarkets and Supermarkets
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Specialty Stores
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Online Stores
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by End User
9.1 Commercial
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Household
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Acuity Brands Inc.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 Bridgelux Inc.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Crest LED Lighting
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 FagerhultsBelysning AB
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.5 General Electric Company
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 Honeywell International Inc.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Hubbell Incorporated
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.7.4 SWOT Analysis
15.3.8 Ideal Industries Inc.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 Maxim Lighting
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 Nichia Corporation
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11 Osram Licht AG (ams AG)
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.12 Signify Holding
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials
List of Figures
Figure 1: Global: Decorative Lighting Market: Major Drivers and Challenges
Figure 2: Global: Decorative Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Decorative Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Decorative Lighting Market: Breakup by Product Type (in %), 2022
Figure 5: Global: Decorative Lighting Market: Breakup by Light Source (in %), 2022
Figure 6: Global: Decorative Lighting Market: Breakup by End Use (in %), 2022
Figure 7: Global: Decorative Lighting Market: Breakup by Distribution Channel (in %), 2022
Figure 8: Global: Decorative Lighting Market: Breakup by Region (in %), 2022
Figure 9: Global: Decorative Lighting (Chandelier) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Decorative Lighting (Chandelier) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Decorative Lighting (Pendant) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Decorative Lighting (Pendant) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Decorative Lighting (Sconce) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Decorative Lighting (Sconce) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Decorative Lighting (Flush Mount) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Decorative Lighting (Flush Mount) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Decorative Lighting (Ceiling Mount) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Decorative Lighting (Ceiling Mount) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Decorative Lighting (Wall Mount) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Decorative Lighting (Wall Mount) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Decorative Lighting (Other Product Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Decorative Lighting (Other Product Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Decorative Lighting (LED) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Decorative Lighting (LED) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Decorative Lighting (Fluorescent) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Decorative Lighting (Fluorescent) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Decorative Lighting (Incandescent) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Decorative Lighting (Incandescent) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Decorative Lighting (Other Light Sources) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Decorative Lighting (Other Light Sources) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Decorative Lighting (Commercial) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Decorative Lighting (Commercial) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Decorative Lighting (Household) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Decorative Lighting (Household) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Decorative Lighting (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Decorative Lighting (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Global: Decorative Lighting (Specialty Stores) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Global: Decorative Lighting (Specialty Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Global: Decorative Lighting (Online Stores) Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Global: Decorative Lighting (Online Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Global: Decorative Lighting (Other Distribution Channels) Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Global: Decorative Lighting (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: North America: Decorative Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: North America: Decorative Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: United States: Decorative Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: United States: Decorative Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Canada: Decorative Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Canada: Decorative Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Asia-Pacific: Decorative Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Asia-Pacific: Decorative Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: China: Decorative Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: China: Decorative Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Japan: Decorative Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Japan: Decorative Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: India: Decorative Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: India: Decorative Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: South Korea: Decorative Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: South Korea: Decorative Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Australia: Decorative Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Australia: Decorative Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Indonesia: Decorative Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Indonesia: Decorative Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Others: Decorative Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Others: Decorative Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Europe: Decorative Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Europe: Decorative Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Germany: Decorative Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Germany: Decorative Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: France: Decorative Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: France: Decorative Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: United Kingdom: Decorative Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: United Kingdom: Decorative Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Italy: Decorative Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Italy: Decorative Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Spain: Decorative Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Spain: Decorative Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Russia: Decorative Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Russia: Decorative Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Others: Decorative Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Others: Decorative Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Latin America: Decorative Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Latin America: Decorative Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Brazil: Decorative Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 84: Brazil: Decorative Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Mexico: Decorative Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 86: Mexico: Decorative Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 87: Others: Decorative Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 88: Others: Decorative Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 89: Middle East and Africa: Decorative Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 90: Middle East and Africa: Decorative Lighting Market: Breakup by Country (in %), 2022
Figure 91: Middle East and Africa: Decorative Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 92: Global: Decorative Lighting Industry: SWOT Analysis
Figure 93: Global: Decorative Lighting Industry: Value Chain Analysis
Figure 94: Global: Decorative Lighting Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Decorative Lighting Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Decorative Lighting Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 3: Global: Decorative Lighting Market Forecast: Breakup by Light Source (in Million US$), 2023-2028
Table 4: Global: Decorative Lighting Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
Table 5: Global: Decorative Lighting Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 6: Global: Decorative Lighting Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Decorative Lighting Market: Competitive Structure
Table 8: Global: Decorative Lighting Market: Key Players

Companies Mentioned

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

Methodology

Loading
LOADING...

Table Information

Report AttributeDetails
No. of Pages143
PublishedMay 2023
Forecast Period2022 - 2028
Estimated Market Value ( USD ) in 2022 $ 40 Billion
Forecasted Market Value ( USD ) by 2028 $ 50 Billion
Compound Annual Growth Rate3.8%
Regions CoveredGlobal
No. of Companies Mentioned11

Related Topics

Related Reports

The Worldwide Market for Connected Lighting - Product Image

The Worldwide Market for Connected Lighting

  • Report
  • 88 Pages
  • Global
Global Emergency Light Stick Market by Product, Application, and Region 2024-2032 - Product Image

Global Emergency Light Stick Market by Product, Application, and Region 2024-2032

  • Report
  • 138 Pages
  • Global
From
Decorative Lighting Global Market Insights 2023, Analysis and Forecast to 2028, by Manufacturers, Regions, Technology, Application, Product Type - Product Image

Decorative Lighting Global Market Insights 2023, Analysis and Forecast to 2028, by Manufacturers, Regions, Technology, Application, Product Type

  • Report
  • 100 Pages
  • Global
From
Smart Decorative Lighting Global Market Insights 2023, Analysis and Forecast to 2028, by Manufacturers, Regions, Technology, Application, Product Type - Product Image

Smart Decorative Lighting Global Market Insights 2023, Analysis and Forecast to 2028, by Manufacturers, Regions, Technology, Application, Product Type

  • Report
  • 77 Pages
  • Global
From
Decorative Lighting Global Market Report 2024 - Product Image

Decorative Lighting Global Market Report 2024

  • Report
  • 200 Pages
  • Global
From
Copyright © 2002-2024 Research and Markets. All Rights Reserved.