Outdoor Panel Decorative Lights Market, Global Outlook and Forecast 2024-2030
The global Outdoor Panel Decorative Lights market was valued at USD 489 million in 2023 and is projected to reach USD 647 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.8% during the forecast period (2024-2030).
Outdoor panel decorative lights are fixtures designed to enhance outdoor spaces with aesthetic appeal and functional lighting. They typically consist of panels with embedded LED lights, often arranged in decorative patterns or designs. These lights are used to illuminate gardens, patios, pathways, and other outdoor areas, adding ambiance and enhancing the visual appeal of the environment. They come in various shapes, sizes, and designs to complement different outdoor décor styles and themes.
Market Growth Drivers: Factors driving this growth include increasing urbanization, rising disposable incomes, growing interest in outdoor decor and landscaping, and advancements in LED lighting technology.
Consumer Preferences: Demand is bolstered by consumer preferences for enhancing outdoor living spaces, creating ambiance, and increasing safety and security through decorative lighting solutions.
Regional Insights: Growth opportunities are expected across various regions, with significant potential in North America, Europe, and Asia-Pacific, driven by residential and commercial applications.
Technological Advancements: Innovations in solar-powered outdoor lights, smart lighting systems, and energy-efficient LED panels are expected to drive market expansion.
Challenges: Challenges may include seasonal fluctuations in demand, regulatory considerations related to outdoor lighting standards, and competition from traditional lighting solutions.
Market Segmentation: Segmentation may include different types of decorative panel lights (solar-powered, LED, traditional bulb-based), applications (gardens, patios, public spaces), and distribution channels (online platforms, specialty stores, home improvement centers).
The global key manufacturers of Outdoor Panel Decorative Lights include Royal Botania, Martinelli Luce Spa, BOVER Barcelona, Santa & Cole, Louis Poulsen, DELTA LIGHT, Targetti Sankey S.p.a., iGuzzini and LINEA LIGHT GROUP, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
String lights are the best and most ideal decorations for Christmas, Halloween, New Year, Valentine's Day, party gatherings and wedding decorations; they can be installed in Christmas trees, living rooms, bedrooms, stairways, courtyards, gardens, etc.
This report aims to provide a comprehensive presentation of the global market for Outdoor Panel Decorative Lights, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Outdoor Panel Decorative Lights. This report contains market size and forecasts of Outdoor Panel Decorative Lights in global, including the following market information:
- Global Outdoor Panel Decorative Lights Market Revenue, 2019-2024, 2025-2030, ($ millions)
- Global Outdoor Panel Decorative Lights Market Sales, 2019-2024, 2025-2030, (K Units)
- Global top five Outdoor Panel Decorative Lights companies in 2023 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Outdoor Panel Decorative Lights manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Outdoor Panel Decorative Lights Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Outdoor Panel Decorative Lights Market Segment Percentages, by Type, 2023 (%)
- LED Lights
- Fluorescent Lamp
- Halogen Lamp
- Others
Global Outdoor Panel Decorative Lights Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Outdoor Panel Decorative Lights Market Segment Percentages, by Application, 2023 (%)
- Family
- Shopping Mall
- Entertainment Venue
- Others
Global Outdoor Panel Decorative Lights Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Outdoor Panel Decorative Lights Market Segment Percentages, By Region and Country, 2023 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Outdoor Panel Decorative Lights revenues in global market, 2019-2024 (Estimated), ($ millions)
- Key companies Outdoor Panel Decorative Lights revenues share in global market, 2023 (%)
- Key companies Outdoor Panel Decorative Lights sales in global market, 2019-2024 (Estimated), (K Units)
- Key companies Outdoor Panel Decorative Lights sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Royal Botania
- Martinelli Luce Spa
- BOVER Barcelona
- Santa & Cole
- Louis Poulsen
- DELTA LIGHT
- Targetti Sankey S.p.a.
- iGuzzini
- LINEA LIGHT GROUP
- LIGMAN Lighting Company Limited
- KARMAN
- Platek s.r.l.
- BUZZI & BUZZI
- VIBIA LIGHTING
- METALARTE
- Pujol Iluminacion
- Top Light GmbH & Co. KG
- L&L Luce&Light
- Kevin Reilly Collection
- LECCOR
- KRONEMAG MILLENIUM srl
- ORSTEEL Light
- NEWGARDEN SPAIN
- MORELLI S.A.S.
- Hi Project srl - Brillamenti
Outline of Major Chapters:
Chapter 1: Introduces the definition of Outdoor Panel Decorative Lights, market overview.
Chapter 2: Global Outdoor Panel Decorative Lights market size in revenue and volume.
Chapter 3: Detailed analysis of Outdoor Panel Decorative Lights manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Outdoor Panel Decorative Lights in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Outdoor Panel Decorative Lights capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
