Steady growth! Christmas decorations market will reach 7.53 billion US dollars

According to a recent study, the global Christmas decoration market size was US$5.52 billion in 2021 and is expected to reach US$7.53 billion by 2030 , growing at a compound annual growth rate of 3.54% during the period .

As we all know, Christmas is the day when Westerners commemorate the birth of Jesus . People celebrate this holiday by decorating their homes, shops or offices . Christmas trees, bells, candles, candy canes, stars, wreaths, socks and snowballs can all be used as decorations. These items can be found everywhere in major retail stores and malls , and consumers can easily buy them.

Generally speaking, Christmas decorations can make the surrounding environment brighter . Pine green, snow white and red are the traditional colors of Christmas. In addition, gold and silver are also popular metallic colors.

Due to the importance of the Christmas holiday and consumers' fixed demand for Christmas decorations , the market size of Christmas decorations has been steadily expanding .

In addition, factors such as increasing urbanization, growing population, rising disposable income, and globalization have further contributed to the growth of the Christmas decorations market . Coupled with the popularity of social media and the rapid development of the e-commerce industry , the sales of Christmas decorations have also been boosted .

Nowadays, consumers around the world are increasingly buying Christmas decorations online because there are more choices and prices are more affordable . Therefore, online sales of Christmas decorations are gradually gaining the upper hand, and consumers will take advantage of the pre-Christmas shopping season to buy what they need online .

Based on product segment , Christmas lights are expected to be the fastest growing category in Christmas decorations . Christmas lights are also known as fairy lights, holiday lights or string lights. They are commonly used to decorate Christmas trees during Christmas celebrations .

From the perspective of the global market , the demand for Christmas decorations in Europe will increase the most in 2021 , and the Christmas decoration market in Romania still has a lot of room for development . In terms of market share, the UK has the highest market share for Christmas decorations , followed by Romania . The Christmas decoration markets in Finland and Austria are also expected to achieve significant growth. During Christmas every year, many tourists travel to Finland, which increases the demand for related products in Finland .

For cross-border sellers, the demand for Christmas decoration products is strong, the market size is growing steadily, and the entry threshold is low. You can consider trying related categories before the Christmas season every year.

E-commerce

Christmas