Learn about the global decorative lighting market through The Business Research Company, which provides information on decorative lighting market size, decorative lighting market drivers and restraints, decorative lighting market players, the COVID-19 impact on the decorative lighting market, and more.

The global decorative lighting market size is expected to grow from $35.77 billion in 2021 to $37.52 billion in 2022 at a compound annual growth rate (CAGR) of 4.9%. The decorative lighting market size is expected to grow to $43.7 billion in 2026 at a CAGR of 3.9%.

The growing remodeling and renovation activities are expected to propel the growth of the decorative lighting market.

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The decorative lighting market consists of sales of decorative lighting by entities (organizations, sole traders, and partnerships) that offer illumination and additional ambiance to a particular area. Decorative lighting is a type of lighting that helps to enhance the beauty of enclosed spaces, homes, and outdoor spaces. These lights help create a mood or highlight an object or an area in the room.

Global Decorative Lighting Market Segments Include:
By Product: Ceiling, Wall-Mounted, Others

By Light Source: Light Emitting Diode (LED), Fluorescent, Incandescent, Others

By Distribution Channel: Offline, Online

By End-Use: Commercial, Household

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the decorative lighting market in 2021.

Strategic partnerships are shaping the decorative lighting market. The companies in the manufacturing of decorative lighting products are undergoing partnerships to develop and provide better lighting solutions.

TBRC’s decorative lighting market report covers:

Major Market Players: Acuity Brands Lighting Inc., Bridgelux Inc., General Electric Co., Honeywell International Inc., OSRAM Light AG, Signify NV, AB Fagerhult, Ideal Industries Inc., Fagerhult Group Inc., Hubbell, Amerlux, Littmann, Havells, Savant Systems Inc., and Cree Lighting.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Decorative Lighting Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides decorative lighting market overviews, analyzes and forecasts market size, share, decorative lighting market players, decorative lighting market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s decorative lighting market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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