South Korea Decorative Lighting Market Size & Outlook
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South Korea decorative lighting market highlights
- The South Korea decorative lighting market generated a revenue of USD 1,247.6 million in 2024 and is expected to reach USD 1,546.3 million by 2030.
- The South Korea market is expected to grow at a CAGR of 3.6% from 2025 to 2030.
- In terms of segment, sconce was the largest revenue generating product in 2024.
- Flush Mount is the most lucrative product segment registering the fastest growth during the forecast period.
Decorative lighting market data book summary
| Market revenue in 2024 | USD 1,247.6 million |
| Market revenue in 2030 | USD 1,546.3 million |
| Growth rate | 3.6% (CAGR from 2025 to 2030) |
| Largest segment | Sconce |
| Fastest growing segment | Flush Mount |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Chandeliers, Sconce, Flush Mount, Pendant, Other Product |
| Key market players worldwide | Acuity Brands Inc, Signify NV, The Home Depot Inc, Hubbell Inc, Generations Brands, Juno Lighting Group, Lowe’s, GE Lighting, Broadcom Inc, Ams-OSRAM AG, Cree Lighting, Delta Electronics Inc DR, Columbia Lighting, AZZ Inc, Intense Lighting |
Other key industry trends
- In terms of revenue, South Korea accounted for 3.0% of the global decorative lighting market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China decorative lighting market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,633.6 million by 2030.
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Decorative Lighting Market Scope
Decorative Lighting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Intense Lighting | View profile | 101-250 | Anaheim, California, United States, North America | http://intenselighting.com |
| AZZ Inc | View profile | 3873 | 3100 West 7th Street, Suite 500, One Museum Place, Fort Worth, TX, United States, 76107 | https://www.azz.com |
| Columbia Lighting | View profile | 251-500 | Greenville, South Carolina, United States, North America | http://columbialighting.com |
| GE Lighting | View profile | 101-250 | Cleveland, Ohio, United States, North America | http://www.gelighting.com/LightingWeb/splash.jsp |
| Lowe’s | View profile | 10001+ | Mooresville, North Carolina, United States, North America | https://www.lowes.com |
| Juno Lighting Group | View profile | 10001+ | Des Plaines, Illinois, United States, North America | http://www.junolightinggroup.com |
| Generations Brands | View profile | 11-50 | Pompton Plains, New Jersey, United States, North America | https://www.generationsbrands.com |
| Cree Lighting | View profile | 1001-5000 | Racine, Wisconsin, United States, North America | https://www.creelighting.com/company |
| The Home Depot Inc | View profile | 471600 | 2455 Paces Ferry Road, Atlanta, GA, United States, 30339 | https://www.homedepot.com |
| Hubbell Inc | View profile | 18400 | 40 Waterview Drive, Shelton, CT, United States, 06484 | https://www.hubbell.com |
| Signify NV | View profile | 31920 | High Tech Campus 48, Eindhoven, Netherlands, 5656 AE | https://www.signify.com |
| Delta Electronics Inc DR | View profile | 68000 | No. 186, Ruey Kuang Road, Neihu District, Taipei, Taiwan, 11491 | https://www.deltaww.com |
| Ams-OSRAM AG | View profile | 22461 | Tobelbader Strasse 30, Premstaetten, Austria, 8141 | https://www.ams-osram.com |
| Acuity Brands Inc | View profile | 12200 | 1170 Peachtree Street, N.E., Suite 2300, Atlanta, GA, United States, 30309 | https://www.acuitybrands.com |
| Broadcom Inc | View profile | 20000 | 3421 Hillview Avenue, Palo Alto, CA, United States, 94304 | https://www.broadcom.com |
South Korea decorative lighting market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to decorative lighting market will help companies and investors design strategic landscapes.
Sconce was the largest segment with a revenue share of 34.96% in 2024. Horizon Databook has segmented the South Korea decorative lighting market based on chandeliers, sconce, flush mount, pendant, other product covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of South Korea decorative lighting market databook
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Our clientele includes a mix of decorative lighting market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea decorative lighting market, including forecasts for subscribers. This country databook contains high-level insights into South Korea decorative lighting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea decorative lighting market size, by product, 2018-2030 (US$M)
South Korea Decorative Lighting Market Share, 2024 & 2030 (US$M)
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