Key Takeaways
- The U.S. holiday lighting market reached $1.8 billion in retail sales during the 2022 holiday season, driven by increased demand for energy-efficient LED lights.
- Global holiday lighting industry generated $5.4 billion in revenue in 2023, with a projected CAGR of 7.1% through 2030 due to smart lighting adoption.
- Residential holiday lighting segment accounted for 68% of the total $2.1 billion U.S. market in 2023.
- 72% of U.S. households purchased holiday lights in 2023, averaging $85 per household.
- 45% of consumers prefer smart/app-controlled holiday lights, up from 28% in 2021.
- 61% of millennials installed permanent holiday lighting in 2023.
- Top 10% of LED holiday string lights accounted for 55% of sales volume in 2023.
- RGB color-changing holiday lights sales surged 42% to 12 million units in U.S. 2023.
- Permanent holiday lighting kits sold 1.8 million units, generating $450 million in 2023.
- Professional holiday lighting installers numbered 15,200 firms in U.S. 2023.
- Average cost of full-home professional holiday lighting install: $2,500 in 2023.
- 2.1 million U.S. homes used pro install services, up 18% from 2022.
- Northeast U.S. pro installs: 420,000 homes, highest regionally 2023.
- Midwest U.S. holiday lighting density: 1.2 installs per 100 homes 2023.
- California residential holiday lights sales: $320 million 2023.
The holiday lighting industry is growing globally due to popular energy-efficient and smart lights.
Consumer Trends
Consumer Trends Interpretation
Economic Impact and Employment
Economic Impact and Employment Interpretation
Installation and Professional Services
Installation and Professional Services Interpretation
Market Size and Growth
Market Size and Growth Interpretation
Product Types and Sales
Product Types and Sales Interpretation
Regional Statistics
Regional Statistics Interpretation
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