The growing awareness of the role that the illuminating medium plays in creating the mood of the space, is expected to drive market expansion in the near future at a CAGR of 3.50% during the forecast period 2023 to 2032

Market Research Future (MRFR) has published a cooked research report on the “Global Decorative lighting Market” that contains information from 2018 to 2032. The Decorative lighting market is estimated to register a CAGR of 3.50% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Decorative lighting market— AB Fagerhult, Acuity Brands Inc., Amerlux LLC, Bridgelux Inc., Crenshaw Lighting, Feit Electric Co. Inc., GE CURRENT A DAINTREE COMPANY, Generation Lighting, Honeywell International Inc., Hubbell Inc., Hudson Valley Lighting Inc., IDEAL INDUSTRIES Inc., Lowes Co. Inc, Maxim Lighting International, OSRAM GmbH

Market Highlights

The global decorative lighting market is accounted to register a CAGR of 3.50% during the forecast period and is estimated to reach USD 52.6 billion by 2032.

An illumination source used to create decorative lighting includes incandescent, fluorescent, and light-emitting diodes (LED) that produce dim or bright lights of various colors. Decorative lighting fixtures that are frequently utilized include chandeliers, ceiling lights, flush mounts, pendants, and wall sconces. These lights can be customized and come in a variety of sizes, styles, shapes, and textures.

The utility of various ornamental lighting fixtures is anticipated to be enhanced by growing awareness of the role that the illuminating medium plays in creating the mood of the space. The brightness of a location alters how big it seems by making it visually interesting. Along with this, the right fixtures and appropriate lighting aid in giving the space a pleasing appearance. The ornamental lighting fixtures of today's interior design are seen as a seamless fusion of style and functionality.

Access full report @ https://www.marketresearchfuture.com/reports/decorative-lighting-market-11649

Segment Analysis

The global Decorative lighting market has been segmented based Distribution Channel and Product.

On the basis of Distribution Channel, the market is segmented into Offline, Online. The Offline was attributed to holding the largest market share in 2022.

Based on Product, the global Decorative lighting market has been segmented into Ceiling, Wall mounted, others. The Ceiling segment was expected to hold the largest market share in 2022.

Regional Analysis

The global Decorative lighting market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of U.S. and Canada. The Europe Decorative lighting market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Decorative lighting market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Decorative lighting market comprises of Middle East, Africa, and Latin America.

The largest market share for Decorative lighting was maintained by the North American regional sector. Every residence in the United States, Canada, and Mexico has access to electricity, which is a crucial component in the adoption of cutting-edge methods for decorative lighting.

Moreover, the Europe market has been persistently growing over the forecast period. The market's quick growth is attributed to the presence of major players like Signify N.V., Osram Licht AG, and others, as well as the growing need for energy-efficient lighting.

Additionally, Asia Pacific is anticipate to grow at fastest CAGR. The growing population and rapid urbanization in developing countries like Bangladesh, Sri Lanka, Bangladesh, China, India, the Philippines, Indonesia, and the Maldives create a substantial customer base for decorative lighting.

Furthermore, the rest of the world's Decorative lighting market is divided into the Middle East, Africa, and Latin America. The Latin America and MEA decorative lighting market is a growing industry that is driven by the increasing demand for decorative lighting products in residential and commercial settings. Decorative lighting is used to enhance the aesthetic appeal of a space and create a certain ambiance or mood.

Key Findings of the Study

• The global Decorative lighting market is expected to reach USD 52.6 billion by 2032, at a CAGR of 3.50% during the forecast period.


• The North America region accounted for the largest share of the global market. Every residence in the United States, Canada, and Mexico has access to electricity, which is a crucial component in the adoption of cutting-edge methods for decorative lighting.


• Based on Product, the Ceiling segment was attributed to holding the largest market in 2022, with an approximate market share of 45–65%.


• AB Fagerhult, Acuity Brands Inc., Amerlux LLC, Bridgelux Inc., Crenshaw Lighting, Feit Electric Co. Inc., GE CURRENT A DAINTREE COMPANY, Generation Lighting, Honeywell International Inc., Hubbell Inc., Hudson Valley Lighting Inc., IDEAL INDUSTRIES Inc., Lowes Co. Inc, Maxim Lighting International, OSRAM GmbH