US Christmas Lights and Christmas Decoration Market Insights Forecasts to 2032
- The US Christmas Lights and Christmas Decoration Market Size was valued at USD XX Billion in 2022.
- The Market Size is Growing at a CAGR of XX from 2022 to 2032.
- The US Christmas Lights and Christmas Decoration Market Size is expected to reach XX Billion by 2032.
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The US Christmas Lights and Christmas Decoration Market Size is expected to reach USD XX Billion by 2032, at a CAGR of XX during the forecast period 2022 to 2032.
Christmas lighting (also known as fairy lighting, festive lighting, or string lighting) is a lighting that is commonly used for decoration in Thanksgiving celebrations and is frequently on display during the Christmas season such as eve and Christmastide. A Christmas decoration is any of the various types of decoration used during the Christmas season and the additional vacation season. Individuals decorate their homes, shops, and workplaces for the holiday season in order to have a good time. The market for Christmas lighting fixtures and Christmas decorations is vast, with numerous decor items available that are both unique and appealing. Furthermore, the key countries connected to the need for Christmas lights and decorations are the United States, Canada, and Haiti. Furthermore, the Rockefeller Centre in New York serves as the headquarters for the most famous Christmas Street lights and Christmas tree in the United States. In additionally, Community competitions and synchronized light shows have grown demand in US market.This pattern fuels the Christmas light and accessory market by increasing demand for high-tech lighting options and motivating homeowners to spend money on extravagant outside decorations.
This research report categorizes the market for US Christmas lights and Christmas decoration market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the US Christmas lights and Christmas decoration market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the US Christmas lights and Christmas decoration market.
US Christmas Lights and Christmas Decoration Market Report Coverage
|Market Size in 2022:||USD XX Billion|
|Forecast Period 2022-2032 CAGR:||XX|
|2032 Value Projection:||USD XX Billion|
|Historical Data for:||2018-2021|
|No. of Pages:||200|
|Tables, Charts & Figures:||110|
|Segments covered:||By Type, By Application, and COVID-19 Impact Analysis.|
|Companies Covered:||American Sale, Cooper Decorations Co. Inc., Balsam Hill, Crystal Valley Decorating Inc, Barcana, Kingtree & Warwick Capital, Tree Classics, Deep Roof Lighting, Digitalight, Vonn, and Other Key Vendors.|
|Pitfalls & Challenges:||COVID-19 Empact, Challenge, Future, Growth, & Analysis|
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The US market is expanding as a result of social developments and urbanization. The popularity of trends helps to expand the market for these Christmas decorating items. Because of the low cost of raw materials and labour, these items can be mass-produced and exported, propelling market growth. Additionally, social media trends, combined with e-commerce penetration, accelerate market growth for Christmas ornamental merchandise. People who see current trends on social media platforms begin wanting those items and purchasing them from e-commerce websites, thereby propelling marketplace demand. Furthermore, because of the low cost of raw materials and labour, mass production and export of these goods are feasible. The technical barriers to that merchandise are low, boosting the growth of the Christmas lights and Christmas decorations market during the forecast period. Moreover, the Christmas parade in the US is one of the oldest and largest parades in the world, with thousands of people gathering to take part all these factors are boost the market growth in North America.
The festival's seasonality poses a challenge to market growth. Because Christmas is only celebrated once a year, demand for Christmas decorations peaks during that season, limiting market growth for the rest of the year. Another factor impeding market growth is the presence of low-quality products at low prices that do not last long, limiting the global market's overall expansion.
- In 2022, the Christmas tree segment accounted for the largest revenue share over the forecast period.
Based on the type, the US Christmas lights and Christmas decoration market is segmented into artificial Christmas tree, Christmas lighting and Christmas decoration, others. among these, the Christmas tree segment has the largest revenue share over the forecast period. Christmas trees, decorations, and lights are in high demand throughout the holiday season. People are eager to decorate their homes, both inside and out, with unique and eye-catching lighting displays. Families and individuals are looking for new or used artificial trees that can be decorated with ornaments, lights, and other decorative accents to create a festive centerpiece, and there is a high demand for attractively decorated Christmas trees.
- In 2022, the residential segment accounted for the largest revenue share over the forecast period.
On the basis of application, the US Christmas lights and Christmas decoration market is segmented into residential and commercial. Among these, the residential segment has the largest revenue share over the forecast period. It is primarily due to the deeply ingrained customs and culture of Christianity. People want to make personal contributions to Christmas, which has fueled the market's rise as a result of the strong economy, a wide range of alternatives, and rising trends. As a result, the rise of the residential sector will drive the market.
The report offers the appropriate analysis of the key organizations/companies involved within the US Christmas lights and Christmas decoration market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- American Sale
- Cooper Decorations Co. Inc.
- Balsam Hill
- Crystal Valley Decorating Inc
- Kingtree & Warwick Capital
- Tree Classics
- Deep Roof Lighting
Key Target Audience
- Market Players
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
- On October 2023, the downtown detroit partnership announces the merriest and brightest detroit tree lighting, celebrating 20 years of detroit holiday lighting
This study forecasts revenue at global, regional, and country levels from 2021 to 2032. Spherical Insights has segmented the US Christmas lights and Christmas decoration market based on the below-mentioned segments:
US Christmas Lights and Christmas Decoration Market, By Type
- Artificial Christmas Tree
- Christmas Lighting
- Christmas Decoration
US Christmas Lights and Christmas Decoration Market, By Application
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