Decorative Lighting Market Size | Growth Analysis & Forecast 2025

Code: MTA4476 Publication Date: Jun 2025

What is the Decorative Lighting Market Size?

According to 6Wresearch internal database and industry insights, the Global decorative lighting market was valued at approximately USD 58.4 billion in 2024 and is projected to reach over USD 102.7 billion by 2031. The market is registering a strong CAGR of 8.5% during the forecast period.

This growth is driven by increasing urbanization, rising disposable incomes and growing consumer interest in interior design and home aesthetics. Technological innovations such as smart decorative lights, energy-efficient LEDs, and customizable designs are further accelerating market expansion globally.

Key Growth Factors of the Decorative Lighting Market

  • Rising demand for aesthetic interior and exterior illumination in residential and commercial spaces
  • Increasing urban housing projects and smart city initiatives boosting installation of decorative lights
  • Rapid advancements in LED technology and IoT-enabled smart decorative lighting
  • Growing popularity of themed lighting for events, hospitality and landscape applications
  • Expanding e-commerce and omnichannel retail driving higher consumer access and customization options

Decorative Lighting Market Trends

The decorative lighting market trends are evolving towards the adoption of smart, app-controlled lighting systems that allow users to personalize ambiance remotely. Sustainable and energy-saving decorative fixtures, including solar-powered garden lights and LED-based chandeliers are becoming mainstream. Moreover, the demand for artisanal, handcrafted, and locally inspired designs is on the rise, appealing to premium and niche consumer segments.

Emerging Developments in the Decorative Lighting Market

The decorative lighting market is experiencing strong growth as consumers and businesses increasingly focus on aesthetics, energy efficiency and smart home integration. Advances in LED technology, mix with creative designs and customizable smart lighting solutions are transforming indoor and outdoor spaces. Rising disposable incomes, booming real estate, and the trend of themed interiors increase demand across residential, hospitality and retail sectors, positioning decorative lighting as both a functional and lifestyle investment.

Major Companies in the Decorative Lighting Market

  • Acuity Brands Lighting Inc.
  • General Electric Company
  • Signify N.V.
  • Häfele GmbH & Co KG
  • OSRAM GmbH
Decorative Lighting Market Size : FAQs
Smart decorative lighting enables users to control brightness, color and schedules through mobile apps or voice assistants, enhancing convenience and energy efficiency.
Trends in modern interior décor, rising disposable incomes and growing awareness about the impact of lighting on ambiance and mood are key drivers.
The decorative lighting market is projected to reach USD 102.7 billion by 2031.
Residential, hospitality, commercial buildings are the main segments utilizing decorative lighting to enhance aesthetic appeal and functionality.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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