London, 07 August 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Christmas Decoration Market in the US 2014-2018, which is expected to grow at a CAGR of 3.61 percent during the period 2013-2018.
The Christmas Decoration market in the US has been witnessing commercialization over the past few years. There has been a shift in the focus of consumers in the country toward the materialistic aspect of religious and cultural holidays from their intended historical purposes. People have started to decorate their homes earlier, and it has become common to see homes and buildings decorated a few days before Christmas. Retailers may be found to stock their store shelves with Christmas decoration items to earn more revenue during slow sales months in the country.
Key Market Drivers
- Recovery of US Economy
- Increase in Number of Residential Homes
- Favorable Retail Environment
- Rapidly Growing Seasonal Decoration Market
Key Market Trends
- Changes in Lifestyle and Preferences
- Increasing Demand for Real Christmas Trees
- Increase in R&D
“The Christmas Decoration market in the US has been witnessing increased adoption of real Christmas trees among end-users in the past few years,” says Faisal Ghaus, Vice President of TechNavio.
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
