United Kingdom Christmas Decor Market Size, Share, and COVID-19 Impact Analysis, By Type (Artificial Christmas Trees, Christmas Lightings, Christmas Decorations, Glass Ornaments, Cotton Batting, Dresden, and Others), By Sales Channel (Hypermarkets/Supermarkets, Online, Convenience Stores, and Others), and United Kingdom Christmas Decor Market Insights, Industry Trend, Forecasts to 2033.
Industry: Consumer GoodsUnited Kingdom Christmas Decor Market Insights Forecasts to 2033
- The Market is Growing at a CAGR of 4.9% from 2023 to 2033
- The UK Christmas Decor Market Size is Expected to Hold a Significant Share by 2033
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The U.K. Christmas Decor Market Size is Anticipated to Hold a Significant Share by 2033, growing at a CAGR of 4.9% from 2023 to 2033.
Market Overview
Any of the several aesthetic styles utilized during Christmastide and the broader holiday season is referred to as a Christmas decoration. Additionally, rising trends and societal urbanization are driving market expansion in the UK. The UK market for these Christmas décor products is growing as a result of the popularity of trends. Additionally, these products can be mass-produced and exported because to the low cost of labor and raw materials, which further fuels the expansion of the UK market. Furthermore, these products have little technological barriers, which encourages the UK market to grow. Additionally, Christmas decorations are readily available in a large number of UK retail establishments and local markets, which increases customer accessibility and boosts sales. The growth of e-commerce and social media trends in the UK are propelling the market expansion for these Christmas décor products.
Report Coverage
This research report categorizes the market for the UK christmas decor market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United Kingdom christmas decor market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the U.K. christmas decor market.
United Kingdom Christmas Decor Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 4.9% |
Historical Data for: | 2019-2022 |
No. of Pages: | 230 |
Tables, Charts & Figures: | 102 |
Segments covered: | By Type, By Sales Channel, and COVID-19 Impact Analysis |
Companies covered:: | John Lewis & Partners, The White Company, Anthropologie, Marks & Spencer, Christmas Creations, Next, TK Maxx and Others key vendors. |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
Christmas decorations are in high demand in the UK due to two factors: the significance of the vacation and consumers' willingness to spend money on them. Globalization, increasing per capita income, increasing disposable income, accelerated urbanization, and population growth all drive the UK Christmas decorations market. These factors collectively contribute to the strong demand for Christmas decorations in the UK. Furthermore, the growing number of participants is a major factor driving the increased sales of Christmas decorations, as 8% of UK customers plan to celebrate the holiday. As more people look to decorate their homes with holiday cheer, this trend not only increases the demand for festive goods but also drives the UK christmas decorating market. Thus, a major driver driving market expansion in the UK is the increased excitement for Christmas celebrations. Additionally, the ban on cutting Christmas trees in the UK has led to an increased demand for decorative Christmas trees, as consumers turn to alternative sources to meet their festive needs. This restriction is driving the market for Christmas decorations, as more people seek out pre-cut or artificial trees to adorn their homes during the holiday season.
Restraining Factors
One of the factors that impedes market growth is the seasonality of the Christmas festival. Sales for decorative items increase only during that particular month of christmas festival, while sales remain low for the rest of the year.
Market Segmentation
The UK christmas decor market share is classified into type and sales channel.
- The christmas lightings segment is expected to hold the greatest market share through the forecast period.
The U.K. christmas decor market is segmented by type into artificial christmas trees, christmas lightings, christmas decorations, glass ornaments, cotton batting, dresden, and others. Among these, the christmas lightings segment is expected to hold the greatest market share through the forecast period. Lighting is crucial to accomplishing the beautiful, eye-catching holiday displays that people are increasingly looking to create. In response to this, more individuals are spending money on various decorative lighting options to spruce up their residences, places of business, and public areas over the holiday season.
- The online segment is anticipated to hold a significant share of the United Kingdom christmas decor market during the forecast period.
Based on the sales channel, the UK christmas decor market is divided into hypermarkets/supermarkets, online, convenience stores, and others. Among these, the online segment is anticipated to hold a significant share of the United Kingdom christmas decor market during the forecast period. UK consumers are using online merchants to browse a huge assortment of Christmas decorations from all across the country. From the convenience of their homes, they can quickly read reviews, compare items, and make well-informed decisions.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the U.K. christmas decor market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- John Lewis & Partners
- The White Company
- Anthropologie
- Marks & Spencer
- Christmas Creations
- Next
- TK Maxx
- Others
Key Target Audience
- Market Player
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at the UK, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United Kingdom Christmas Decor Market based on the below-mentioned segments:
United Kingdom Christmas Decor Market, By Type
- Artificial Christmas Trees
- Christmas Lightings
- Christmas Decorations
- Glass Ornaments
- Cotton Batting
- Dresden
- Others
United Kingdom Christmas Decor Market, By Sales Channel
- Hypermarkets/Supermarkets
- Online
- Convenience Stores
- Others
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