If you want to know how high the profit margin of the Christmas light business is, it is important to understand the latest industry trends. After reading, you will get the answer “How high is the profit of the Christmas light business?”.
- The value of the industry
Firstly, it is important to understand the full scope and value of the industry itself. As of 2021, the global market for Christmas lights and decorations is estimated to be $6.8 billion. However, by 2026, this value is expected to exceed $9 billion. This means that no matter where your business is, the holiday lighting industry is a high profit large market that you can enter.
How much money do you want to earn?
Your level of commitment to the new Christmas light service will determine your business revenue.
For example, if you work part-time as a holiday lighting worker, your seasonal income can range from $10000 to $15000.
However, if you turn holiday lighting into a full-time business, your seasonal income can far exceed $100000.
Remember, your level of dedication to the Christmas lighting industry will largely determine how much income you can earn each season.