Press release
Christmas Tree Market Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast, 2022-2028
The Christmas Tree market is anticipated to develop at a significant growth rate over the forecasted period 2022-2028, considering 2021 as the base year.
A Christmas tree is an evergreen tree, typically pine or fir, that is decorated for the Christmas holiday with lights and ornaments. Artificial, potted, and freshly-cut Christmas trees are used as decorations both inside and outside. Although Christmas trees have long been utilized by every religion, they are most often connected with Christian symbolism these days. Christmas gift-giving customs typically involve wrapping presents and leaving them unopened until Christmas Eve or Christmas Day. Western Germany is where the present Christmas tree first appeared. Germans used to put wafers on a fir tree as a Christian symbol of redemption. Later the wafer tradition was replaced by cookies of various shapes. They also used to place candles on the tree as symbolic of Christ, the light of the world.
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Market dynamics:
Driver:
The major key reasons driving the growth of the Christmas tree market throughout the projection period are accelerated urbanization and the increase in per capita disposable income. Due to the widespread practice of Christianity, European and American nations are the top locations for the Christmas festival celebration. The younger eastern population's increasing exposure to western culture is boosting market expansion in those areas. For instance, a well-known US exporter of fresh-cut Christmas trees from Oregon anticipates sending about 6 million evergreen trees to Japan and China for the Christmas festival in 2021.
Opportunities:
The rising urbanization and the increase in household Christmas celebrations are giving market participants lucrative opportunities. Due to the expanding impact of western culture, Christmas celebrations have recently increased significantly throughout the eastern portions of the world. The primary hotspots for market participants to build their businesses and so create lucrative opportunities are the Asia-Pacific and Middle-East regions.
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Market Segmentation
Segmentation Analysis of Christmas Tree Market:
Depending on tree type, the real or live segment is forecasted to have the highest share of the Christmas tree market during the analysis period attributed to environmental consciousness driving the purchase decisions of consumers, as the millennial population is increasingly looking for biodegradable and recyclable options.
Depending on height, the 3-10 ft segment is anticipated to have the highest share of the Christmas tree market in the forecast period attributed to the rising residential celebration of the Christmas festival.
Depending on the shape of the tree, the full segment is predicted to lead the Christmas tree market over the analysis period. Full Christmas trees have a wide circumference as compared to their other counterparts.
Depending on end-users, the residential segment is anticipated to dominate the market in the projected period attributed to the growing household celebration of the Christmas festival every year.
By Type
• Real or Live
• Artificial
By Tree Height
• 3-10 Ft
• 10-15 Ft
• Above 15 Ft
By Shape of the Tree
• Full
• Pyramid
• Slim
• Half & Corner
• Upside Down
By End-users
• Residential
• Commercial
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Regional Analysis of Christmas Tree Market:
The North American region, is anticipated to have the second-largest share of the Christmas tree market in the analysis period. Near about 25-30 million real Christmas trees are sold in the U.S. every year. Additionally, 350 million real Christmas trees are currently growing in the 142,000 hectares of U.S. farms alone. The Christmas tree industry generates over 100,000 jobs for people in the United States. Near about 71% of the total US, the population is Christian thus, the Christmas festival is celebrated in every state of the US. According to the latest figures from Statistics Canada, about 23,787 hectares of land are dedicated for the cultivation of Christmas trees.
By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)
Players Covered in Christmas Tree Market are:
• Farmabilia LLC (US)
• National Tree Company (US)
• Oncor Recycled Trees (China)
• Manta Media Inc. (US)
• Treetime Christmas Creations (US)
• Peak Farms (US)
• PLANTSCAPE Inc. (US)
• Almo Corporation (US)
• TRINITY Christmas (India)
• Christmas Raave's Evergreen (India) and other major players.
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Table OF Content: -
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Tree Type
3.2 By Tree Height
3.3 By Shape of the Tree
3.4 By End-Users
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Christmas Tree Market by Tree Type
5.1 Christmas Tree Market Overview Snapshot and Growth Engine
5.2 Christmas Tree Market Overview
5.3 Real or Live
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Real or Live: Grographic Segmentation
5.4 Artificial
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Artificial: Grographic Segmentation
Chapter 6: Christmas Tree Market by Tree Height
To Be Continue…
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