Global Christmas Lights and Christmas Decorations Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Christmas Lights and Christmas Decorations Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

During Christmas, people decorate their houses, shops, and offices to celebrate the festival. Christmas decor enhances the beauty of the environment and lightens and brightens up the surroundings. A Christmas decoration is any of several types of ornamentation used at Christmastime and the greater holiday season. The traditional colors of Christmas are pine green (evergreen), snow-white, and heart red. Gold and silver are also very common, as are other metallic colors. Typical images on Christmas decorations include Baby Jesus, Father Christmas, Santa Claus, and the star of Bethlehem.

Market Overview:

The latest research study on the global Christmas Lights and Christmas Decorations market finds that the global Christmas Lights and Christmas Decorations market reached a value of USD 16169.68 million in 2022. It’s expected that the market will achieve USD 24211.96 million by 2028, exhibiting a CAGR of 6.96% during the forecast period.

Increase in spending power

With the rapid development of the global economy and the increasing population, the global per capita disposable income has increased. Christmas is a traditional festival in many countries, and it is valued in these countries. Christmas decoration is also regarded as an important family activity in Christmas. As people's disposable income increases, they pay more attention to the festive atmosphere, so they spend more and more on Christmas lights and Christmas decorations. The improvement in spending power enables people in these countries to pay for holiday celebrations and preferences. Therefore, the improvement of consumption power will increase the demand for Christmas lights and Christmas decorations, thus promoting the development of the Christmas lights and Christmas decorations market.

Holiday seasonality

Christmas lights and Christmas decorations market has typical holiday seasonality. Christmas is an annual event, and only during that time will the demand for Christmas lights and Christmas decorations reach its peak. In other time periods, the demand for Christmas lights and Christmas decorations is in a low state, and even few consumers will buy these products. In addition, if after Christmas, the Christmas lights and Christmas decorations of the enterprise are not sold, and there is a large surplus, then these products will probably be piled up. And with the continuous innovation of products, these unsold products will be considered obsolete in the next year, because these products will not be resold again, which will make the enterprise suffer losses. Therefore, the holiday seasonality of Christmas lights and Christmas decorations will limit the development of the Christmas lights and Christmas decorations industry.

Region Overview:

In 2021, the share of the Christmas Lights and Christmas Decorations market in North America stood at 41.76%.

Company Overview

Kingtree is one of the major players operating in the Christmas Lights and Christmas Decorations market, holding a share of 0.66% in 2022.

Kingtree

Kingtree is one of the leading manufacturers and exporters of artificial Christmas trees, garlands and garlands, and has been making pre-lit trees since 1996. King's products meet Rohs, We and UL/CUL, BS, GS and CE certification. The product finish of KING can be frosted, glitter, flocking or natural green or blue or any color.

Balsam Hill

Balsam Hill was founded in 2006, and is a leading supplier of high-quality, realistic artificial Christmas trees. Trees in Balsam Hill imitate nature, using site visits and cuttings of live trees as a guide.

Segmentation Overview:

By type, LED Lights segment accounted for the largest share of market in 2022.

Application Overview:

The market's largest segment by application is the segment Residential, with a market share of 50.18% in 2022.

Key Companies in the global Christmas Lights and Christmas Decorations market covered in Chapter 3:

Carpenter Decorating
Balsam Hill
BLACHERE ILLUMINATION
Festive Productions Ltd
Kingtree
Roman
Party City Holdco Inc.
Gemmy Industries
MK Illumination
Vogel Display Corp.
GE Holiday Lighting
Christmas Tree World
Pines and Needles (The Christmas Forest)
Fisherman Creations, Inc.

In Chapter 4 and Chapter 14.2, on the basis of types, the Christmas Lights and Christmas Decorations market from 2018 to 2029 is primarily split into:

LED Lights
Incandescent Lights
Other Christmas Lights
Artificial Christmas Trees
Real Christmas Trees
Other Christmas Decorations

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Christmas Lights and Christmas Decorations market from 2018 to 2029 covers:

Residential
Commercial
Municipal

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)