How Much Do People Spend on Fireworks?
Unpack the financial scope of fireworks in the US. Learn about national spending trends, the distinct markets, and the key factors driving these annual expenditures.
Americans annually spend billions of dollars on fireworks, a long-standing tradition deeply woven into national celebrations. This significant spending reflects widespread enthusiasm for pyrotechnic displays, from community spectacles to backyard festivities. Understanding the market’s economic scope reveals how much individuals and organizations contribute to this vibrant industry.
National Spending Trends
The U.S. fireworks industry is a substantial market, with annual sales reaching into the billions. In 2023, for instance, Americans spent approximately $2.3 billion on fireworks. This figure reflects consistent market growth over recent years. Projections for 2024 indicate a continued expansion, with revenues anticipated to exceed $2.4 billion for the fireworks season.
This upward trend demonstrates fireworks’ sustained popularity. The American Pyrotechnics Association (APA) compiles these sales figures, providing insight into the industry’s revenue scale. The industry has grown considerably, from around $610 million in total sales in 2000 to its current multi-billion dollar valuation.
Consumer and Display Fireworks
The fireworks market segments into two categories: consumer fireworks and display fireworks. Consumer fireworks are purchased by individuals for personal use. Display fireworks are larger pyrotechnics used by licensed professionals for public shows.
The majority of spending occurs within the consumer fireworks segment. In 2024, consumer fireworks sales were estimated at $2.2 billion, while professional display fireworks accounted for an additional $600 million. This shows individual purchases form the dominant share. The accessibility of consumer fireworks for backyard celebrations contributes to their larger market footprint compared to the specialized display sector.
Drivers of Spending
Several factors influence fireworks spending. Major holidays, particularly the Fourth of July, are the primary catalyst for sales, though New Year’s Eve and other celebrations also contribute to demand. Holiday timing can affect sales, such as the Fourth of July falling on a Thursday in 2024, leading to expectations of high use due to a long weekend.
Economic conditions also play a role. During the COVID-19 pandemic, personal fireworks use surged as public displays were limited, increasing consumer sales. While inflation impacted many sectors, the fireworks industry saw relief from declining ocean shipping rates, making consumer products 5% to 10% more affordable compared to peak pandemic prices. Regional variations in cultural traditions and local regulations also contribute to differing spending habits.