Component lifecycle in a Design System is a series of stages that a component goes through, spanning from creation to retirement. Starting with the design and development phases, components are conceptualized, designed, and implemented. Once in use, they undergo real-world testing and user feedback to identify usability issues and potential improvements. As the Design System evolves, components may receive updates or retirements to meet changing standards and user needs.

By following the Component lifecycle, designers and developers maintain a well-structured design system that delivers a seamless user experience.