The holiday season is upon us, and for many, that means it’s time to get a Christmas tree. But what do we really know about the Christmas tree industry? In this article, we’ll take a look at some of the most interesting Christmas tree industry statistics, from the number of trees harvested each year to the most popular types of trees.
We’ll also explore the environmental impact of the industry and how it has changed over the years. So if you’re curious about the Christmas tree industry, read on to learn more.
Christmas Tree Industry: Most Important Statistics
The Christmas tree industry has seen a 27% decline in harvested trees over the last 15 years, with 15 million trees harvested in 2017 compared to 21 million in 2002.
Christmas Tree prices increased 23% from 2015 to 2018.
Christmas Tree Industry: Statistics Overview
The Christmas Tree market is expected to reach a CAGR of 5.61 billion by the end of the base year and is projected to register a CAGR of over 4.31% during the forecast period.
The Middle East and Africa are the largest and fastest growing markets. The Christmas Tree market is growing despite the economic impacts of the COVID-19 pandemic, and it is important to note that the Middle East and Africa are the largest and fastest growing markets.
This indicates that the Christmas Tree industry is becoming increasingly global, and that businesses should consider expanding their reach to these regions in order to capitalize on the growth.
The Christmas trees market is estimated to grow at a CAGR of 4.52% and increase by USD 777.73 million by 2027.
The market is expected to grow significantly over the next few years, which is beneficial for businesses in the industry.
Additionally, the growth of the market is dependent on factors such as the demand for oil and natural gas, increasing exploration and production, and government and corporate initiatives, which indicates that the industry is likely to remain strong in the future.
The Christmas tree industry has seen a 27% decline in harvested trees over the last 15 years, with 15 million trees harvested in 2017 compared to 21 million in 2002.
This matters because it shows a decrease in demand for Christmas trees, which could have a negative impact on the industry’s profitability.
Climate change has caused droughts, floods, disease, insect pressure, and heat waves, resulting in a 60% decline in production of young saplings in the Christmas Tree Industry.
This matters because it has caused a major challenge to the industry, leading to a decrease in production and profits.
32.8 million real trees were sold in the U.S. last year, despite a large increase in people buying fake trees.
Despite the increase in sales of plastic trees over the past decade, sales of real trees have remained fairly stable.
This is important for the Christmas Tree Industry because it shows that the industry is still doing well, despite the competition from plastic trees.
29% of adults buy a new tree every year, with 54% opting to reuse artificial trees and 17% buying real trees.
The majority of people prefer to purchase artificial trees, which could have a negative impact on the sale of real trees.
The average farm retail price of Christmas trees has increased by an average of 2.1% annually since 2014, with Balsam Fir prices increasing the most at 5.4%.
The demand for Christmas trees is increasing, which is beneficial for the industry as a whole. Additionally, it indicates that the prices of different types of trees may vary, so it is important to be aware of these differences when purchasing a tree.
Christmas Tree prices increased 23% from 2015 to 2018.
The Christmas Tree industry is growing and that consumers are willing to pay more for a Christmas Tree.
This could be an indication of increased demand for Christmas Trees, which could lead to more investment in the industry and more jobs for those involved in the Christmas Tree industry.
Real Christmas trees create approximately 16kg of greenhouse gas emissions if disposed of in a landfill, and less than 4kg if burned, compared to 40kg of emissions from plastic trees.
Real Christmas trees are more environmentally friendly than plastic trees, and therefore should be the preferred choice for those looking to reduce their environmental impact.
Conclusion
In conclusion, the Christmas tree industry is an important part of the holiday season. It is a multi-billion dollar industry that continues to grow each year.
The industry is made up of a variety of different types of trees, from artificial to real, and from natural to pre-cut. The industry is also responsible for providing jobs to thousands of people, and it is estimated that over 25 million trees are sold each year.
With the increasing demand for Christmas trees, the industry is sure to continue to grow and provide more opportunities for those involved.
References
1 – https://www.mordorintelligence.com/industry-reports/christmas-tree-market
2 – https://www.technavio.com/report/christmas-trees-market-analysis
3 – https://www.pharmcosd.com/news/three-u-s-christmas-tree-production-facts/
4 – https://theconversation.com/christmas-tree-shopping-is-harder-than-ever-thanks-to-climate-change-and-demographics-125992
5 – https://www.statista.com/chart/20305/real-and-fake-christmas-trees-purchased-by-year/
6 – https://morningconsult.com/2020/11/18/christmas-tree-real-artificial-preference/
7 – https://aei.ag/2020/12/21/6-christmas-tree-facts/
8 – https://www.businesswire.com/news/home/20191114005132/en/Square-and-The-National-Christmas-Tree-Association-Unveil-Christmas-Tree-Calculator-That-Predicts-The-Best-Day-For-Consumers-To-Buy-Their-Trees
9 – https://www.statista.com/statistics/665058/christmas-tree-greenhouse-gas-emissions-by-type/
