What percent of overall Christmas trees on display are real?
It’s not common for a household to put up both fake and genuine trees during Christmastime — just 10% will have both kinds this year. Instead, 63% who put up Christmas trees will use a fake, and only 24% will display a real one.
How big is the Christmas tree market?
The United States was the largest market for Christmas trees in 2019. According to the National Christmas Tree Association, the retail sales value of the Christmas trees reached USD 2.56 billion in 2018, an increase of about 25.5% from USD 2.04 billion in 2016.
Is Christmas tree business profitable?
How much profit can a christmas tree farm make? With 200 trees per acre ready for harvesting each year, a u-cut tree farm could theoretically bring in $9,200 per acre annually. Most farms don’t generate this much revenue, though.
Why do people buy fake trees?
People who prefer artificial trees said they are better for allergies, are more convenient and are less likely to get knocked over by cats. Many artificial Christmas trees now even come pre-lit, so customers do not have to deal with untangling lights and packing them back up at the end of the season.
Why you should buy a fake Christmas tree?
Low Maintenance. Unlike live Christmas trees, artificial trees don’t need to be watered. They also don’t drop pine needles or sap like real trees, so you don’t have to spend as much time cleaning up after them.
Why are Xmas trees so expensive this year?
Christmas tree prices higher this year due to drought, high gas prices, worker shortage. The cost of Christmas trees has significantly increased this year due to drought conditions, a worker shortage and higher gas prices, a Valencia tree lot owner said. VALENCIA, Calif.
Are Christmas tree prices higher this year?
Add to that supply and demand issues. With people spending more time at home in 2020 due to the COVID-19 pandemic, Christmas tree farms saw a sharp uptick in sales. Average costs this year are $78 for a live tree and $104 for an artificial tree, according to the American Christmas Tree Association.
What is the profit margin on Christmas trees?
But after factoring in expenses over the 8- to 10-year growing cycle, profit margins are considerably lower: Farmers typically make out with a ~25% to 30% profit margin — or $8 to $10 per tree.
What is the forecast period of Christmas tree market research report?
The market christmas tree is expected to grow at a CAGR of more than 7.70% during the forecast period of 2020 – 2025. Factors such as the decline in operating costs and increasing exploitation of unconventional reserves are expected to drive the market studied in the coming years.
How many people work in the Christmas tree industry?
Approximately 100,000 people are employed full or part-time in the Christmas tree industry. 24.5 million farm-grown Christmas trees were purchased in the United States in 2012, with a real market value of $1.01 billion. The mean average purchase price of a live tree in 2012 was $41.30.
What percentage of Christmas trees are grown on farms?
98 percent of all Christmas trees are grown on farms, while only 2% are cut from the wild. To ensure enough trees for harvest, growers plant one to three seedlings for every tree harvested. In 2012, 46 million Christmas tree seedlings were planted by U.S. growers. More than 2,000 trees are usually planted per acre.
How much is a tree worth in 2018?
The downturn in sales led them to plant fewer seedlings, which has resulted in a small crop size for the 2018 harvest. While tree prices vary from $25 to $300 based on size, species and quality, last year the average tree sold for $75, according to an NCTA survey.