Lighting Up Lifestyles: Exploring the Booming Decorative Lighting Market

In 2023, Decorative Lighting Market Size was estimated to be worth USD 38.6 billion. The market for decorative lighting is anticipated to expand at a compound annual growth rate (CAGR) of 3.50% from 2024 to 2032, from USD 40.0 billion to USD 52.6 billion. The main factors driving the market's expansion are designers' product modifications, high-end consumers embracing these improvements, and a growing awareness of the significance of lighting in establishing a space's ambiance.