Neon Signs Market is estimated to be valued at USD 2.53 Bn in 2025 and is expected to reach USD 3.63 Bn by 2032, growing at a compound annual growth rate (CAGR) of 5.30% from 2025 to 2032.
Report Coverage |
Report Details |
Base Year: |
2024 |
Market Size in 2025: |
USD 2.53 Bn |
Historical Data for: |
2020 To 2024 |
Forecast Period: |
2025 To 2032 |
Forecast Period 2025 to 2032 CAGR: |
5.30% |
2032 Value Projection: |
USD 3.63 Bn |
Neon signs are becoming very popular among businesses that are looking to attract customers and create a brand identity. The market includes different types of neon sign products such as custom designs, pre-made signs, and LED neon alternatives. The versatility of neon signs, coupled with their ability to evoke nostalgia and create a vibrant atmosphere, has contributed to their sustained popularity.
Market Dynamics:
The market is seeing a lot of demand from the retail and hospitality sectors, where neon signs are used to create attractive storefronts, enhance brand visibility, and create a unique ambiance. The increasing trend of personalization and customization has also fueled the demand for custom neon signs. However, the market growth is restrained by the high cost of traditional glass neon signs and the maintenance requirements associated with them. Additionally, the emergence of alternative technologies, such as LED neon signs, has posed a challenge to the traditional neon sign industry. Despite these restraints, the market presents significant opportunities for growth, driven by the rising popularity of neon signs in indoor decor and the increasing adoption of energy-efficient and eco-friendly neon sign solutions.
Key Features of the Study:
- This report provides in-depth analysis of the global neon signs market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global neon signs market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Osram, Philips Lighting, EGL Lighting, Jesco Lighting, Neo Neon, SGi Lighting, IVC Signs, Sidon Lighting, Optek Electronics, NVC Lighting, Sygns, Crown Sign Systems, MNeon, Neon Creations, and Sparky Neon
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global neon signs market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global neon signs market
Market Segmentation
- Material Insights (Revenue, USD Bn, 2020 - 2032)
- LED Neon Flex
- Glass Neon Tubes
- Silicon Neon Lights
- Regional Insights (Revenue, USD Bn, 2020 - 2032)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Osram
- Philips Lighting
- EGL Lighting
- Jesco Lighting
- Neoeon
- SGi Lighting
- IVC Signs
- Sidon Lighting
- Optek Electronics
- NVC Lighting
- Sygns
- Crown Sign Systems
- MNeon
- Neon Creations
- Sparky Neon