Decorative Lighting Market Summary

The global decorative lighting market size was estimated at USD 41,596.8 million in 2024 and is projected to reach USD 49,415.9 million by 2030, growing at a CAGR of 2.9% from 2025 to 2030. Rising urbanization and increasing disposable incomes increase home aesthetics and interior decoration spending.

Key Market Trends & Insights
In terms of region, North America was the largest revenue generating market in 2024.
Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
In terms of segment, sconce accounted for a revenue of USD 14,604.5 million in 2024.
Flush Mount is the most lucrative product segment registering the fastest growth during the forecast period.
Market Size & Forecast
2024 Market Size: USD 41,596.8 Million
2030 Projected Market Size: USD 49,415.9 Million
CAGR (2025-2030): 2.9%
North America: Largest market in 2024