Market Size of North America Christmas Tree Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.28 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Christmas Tree Market Analysis
The North America Christmas Tree Market size is expected to grow from USD 1.33 billion in 2023 to USD 1.64 billion by 2028, at a CAGR of 4.28% during the forecast period (2023-2028).
- Christmas is celebrated in all parts of the region. Due to their widespread popularity, natural Christmas tree production is a significant industry that makes sizable contributions to the rural economies of North America. According to the National Christmas Tree Association (NTA), over a hundred million households in the United States prefer to put a tree in their homes during the year-end holiday season. Between 25-30 million real, natural trees are sold each year.
- A growing awareness of environmental sustainability among the millennials compared to artificial variants increased the demand for natural Christmas trees, which has augmented the sales of fresh-cut real Christmas trees in the region in recent years.
- The price competitiveness between natural and artificial trees is expected to further drive the sales of real Christmas trees in the region. Real trees were sold at an average price of USD 81.0 per tree in the United States, against USD 107.0 for an artificial tree, aided by wider accessibility to freshly cut farm trees through online and offline retail platforms.
- The United States was the largest market for Christmas trees in 2022. According to the United States Department of Agriculture (USDA), there are 15,000 farms in the United States, ranging in size from 2 acres to 9 thousand acres. Approximately 434 largest farms control over 75% of the total supply in the United States market.
