Global Christmas Decoration Market Poised for Strong Growth Through 2031, Says Reed Intelligence
According to a new market report by Reed Intelligence, the Global Christmas Decoration Market is forecast to grow at a compound annual growth rate (CAGR) of approximately 5.32% over the period from 2023 to 2031.
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Market Size (Base Year & Forecast)
Base Year: 2023
Forecast Period: 2023–2031
Key Highlights
Largest Region: North America, driven by technological maturity and strong consumer demand.
Fastest-Growing Region: Asia-Pacific (APAC), fueled by rising urbanization, growing middle class, and local manufacturing strength.
Largest Segment (by Type): Christmas trees (both real and artificial) remain critical, along with lighting, ornaments, and accessories.
Fastest-Growing Segment: While the report does not specify a numeric CAGR per segment, it highlights that personalization, experiential decorations, and smart-home integration are key growth drivers, suggesting that high-tech lighting and customized ornaments are among the fastest-growing sub-segments.
