The Business Research Company’s Decorative Lighting Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Decorative Lighting Global Market Report 2023 evaluates decorative lighting market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Top 5 Major Key Players Are:
Acuity Brands Lighting Inc.
Bridgelux Inc.
General Electric Co.
Honeywell International Inc.
OSRAM Light AG
The global decorative lighting market size grew from $37.92 billion in 2022 to $39.91 billion in 2023 at a compound annual growth rate (CAGR) of 5.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The decorative lighting market size is expected to grow to $48.43 billion in 2027 at a CAGR of 5.0%.
The decorative lighting market segments in the report are:
1) By Product: Ceiling, Wall-Mounted, Other Products
2) By Light Source: Light Emitting Diode (LED), Fluroscent, Incandescent, Other Light Sources
3) By Distribution Channel: Offline, Online
4) By End Use: Commercial, Household
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The table of contents in TBRC’s decorative lighting market report includes:
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List Of Tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Decorative Lighting Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Decorative Lighting Market, Segmentation By Light Source, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Decorative Lighting Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 6: Global Decorative Lighting Market, Segmentation By End Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Table 47: Acuity Brands Lighting Inc., Financial Performance
Table 48: Bridgelux Inc., Financial Performance
Table 49: General Electric Co. Financial Performance
Table 50: Honeywell International Inc., Financial Performance
Table 51: OSRAM Light AG Financial Performance
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