It is difficult to estimate the size of the Christmas light industry as it encompasses a wide range of products and services. However, according to Research, the global Christmas lights market size was valued at USD 3.3 billion in 2020, and it is expected to grow at a compound annual growth rate (CAGR) of 5.7% from 2021 to 2028. The Smithsonian Magazine says “Today an estimated 150 million light sets are sold in America each year, adding to the tangled millions stuffed into boxes each January.”
The Christmas light industry includes manufacturers and suppliers of Christmas lights, as well as retailers and online sellers who offer a wide range of holiday lighting products. Additionally, there are professional Christmas light installation companies that offer installation, maintenance, and removal services to residential and commercial customers.
The popularity of Christmas lights has grown significantly over the years, with many households and businesses decorating their homes and properties with festive lighting displays during the holiday season. This has contributed to the growth of the Christmas light industry, as consumers seek out new and innovative lighting products and services to enhance their holiday decorations.
What is new in the Christmas Light industry?
Permanant Christmas Lights. These versatile lighting systems sold by companies like Jellyfish Lighting are more all-purpose or all-in-one outdoor lighting systems.
Did you know these permanent Christmas light systems stay up all year and provide more than just Christmas lighting? They can take the place of flood lights, porch lights, can or recessed lights, landscape lights, security lights, and many more lighting options on a home.
There is obviously an investment required to purchase one of these systems, but it seems more and more families across America are seeing the benefits of a permanent Christmas lighting systems. They are boxing up the C9’s and never having to unravel them again.