In 2024, about 52 percent of consumers in the United States intended to spend roughly the same amount of money on Christmas goods as they did in the respective previous year. A quarter of American respondents intended to spend less for Christmas, whilst 20 percent expected to spend more. Christmas celebrations in the U.S. In the United States, Christmas is one of the biggest holidays of the year: according to a survey, roughly eight and a half out of 10 Americans stated they would celebrate the holiday. Only about 10 percent of Americans were not planning to partake in any celebrations. Holiday promotions In the past few years, holiday retail sales in the United States have skyrocketed. In 2023, U.S. holiday retail sales figures reached just over 950 billion U.S. dollars, which was an increase of some 20 billion just compared to the year before. The winter holiday season includes shopping occasions, such as Black Friday and Cyber Monday. On days such as these, retail products are somewhat to significantly cheaper, making them opportune moments for holiday shopping. When asked when they would likely start their holiday shopping, about 40 percent of U.S. consumers said they would begin in November already, i.e., when these major sales events take place.
According to a recent study, average spending per head during the Christmas period in 2023 is expected to vary between just below 700 British pounds in North East to around 980 British pounds in London in the United Kingdom (UK).
Spanish consumers expected to spend the most on gifts for Christmas and Reyes during the 2023 holiday season - roughly 390 euros. The Christmas lottery, a long-standing Spanish tradition, is expected to take up almost 70 euros of consumer's Christmas budget.
Among the three leading European countries, the total value of Christmas spending in 2023 is forecast to be the highest in the United Kingdom (UK) with over ** billion British pounds. In 2020, when coronavirus (COVID-19) pandemic and national lockdowns severely impacted Christmas trading, all three countries had experienced decline in the total retail sales value during this period.
In 2023, most Poles had planned to spend up to *** zloty on Christmas gifts. However, only *** percent of the respondents were planning to dedicate over ***** zloty to this cause.
In 2023, holiday shopping season will start a little later for many consumers in the United States. According to the findings of a recent survey, half of U.S. consumers were intending to start their holiday shopping in October in 2023. This share was at 56 percent the previous year.
Holiday season in the United States The holiday season is just around the corner and itβs truly the best time of the year for both consumers and retailers of all shapes and sizes. Since the recession in 2008, Christmas holiday retail sales in the United States have grown steadily. The amount of money that U.S. consumers plan to spend on gifts has, however, fluctuated. A 2022 survey revealed that U.S. consumers expected to spend, on average, 867 U.S. dollars in 2022; an increase from 794 dollars in 2018.
Black Friday For millions of people, Black Friday is the time to do some serious Christmas shopping β even before the last of the Thanksgiving leftovers are gone. It is the Friday after Thanksgiving, and it's one of the major shopping days of the year in the United States, falling anywhere between November 23 and 29. While it's not recognized as an official US holiday, many employees have the day off β except those working in retail. Ever since the start of the modern Macy's Thanksgiving Day Parade in 1924, the Friday after Thanksgiving has been known as the unofficial start to a bustling holiday shopping season.
Mexican consumers expected to spend the most on travels during the 2023 holiday season - roughly 12,300 Mexican pesos. Decorations, on the other hand, were expected to take up about 1,800 of consumer's Christmas budget.
In 2023, Poles planned to spend 552 zloty on Christmas gifts and 499 zloty on food. The total spending amounted to over 1.4 thousand zloty on Christmas per household, an increase of 25 percent compared to the previous year.
Young Hungarians' expenditure on Christmas presents increased considerably over the observed period, partially due to rising consumer prices and increased salaries. In 2023, 19 to 29-year-old Hungarians spent an average of 40,000 forints on Christmas gifts.
In 2024, holiday retail sales in the United States were forecast to reach about ***** billion U.S. dollars. This figure was given as a conservative value; retail sales over the holiday season was projected to be between ***** billion U.S. dollars to *** billion U.S. dollars in 2024. Holiday retail sales have risen substantially since the turn of the century, with holiday retail sales amounting to approximately *** billion U.S. dollars back in 2002. Holiday retail sales are a fraction of total retail sales in the United States which were around ************** U.S. dollars in 2023. Holiday season e-commerce is also on the rise, with increasing numbers of retailers and consumers going digital. What makes up the winter holiday season in the United States? The winter holiday season includes shopping occasions such as Thanksgiving weekend - which is made up of Black Friday, Small Business Saturday, and Cyber Monday, Super Saturday β the last Saturday before Christmas, and Christmas itself. Thanksgiving weekend is a very popular time for consumers to partake in holiday shopping. In 2022, over *** million U.S. consumers shopped on Black Friday. Leading companies in U.S. retail The domestic retail market in the United States is very competitive, with many companies recording substantial retail sales. Walmart, a retail chain offering low prices and a wide selection of products, is the leading retailer in the United States. Amazon, The Kroger Co., Costco, and Target are a selection of other leading U.S. retailers.
In 2023, Peruvian men planned to spend on average 400 Peruvian soles on Christmas presents during the holiday season, roughly 50 soles more than their female counterparts.
During a 2023 survey fielded in Peru, it was found that an average Chilean aged 18 to 29 who celebrates Christmas spent over 340 Peruvian soles on Christmas presents that year. Peruvian consumers older than 60 were the age group that intended to spend the most on Christmas presents in 2023.
In 2023, ** percent of Poles surveyed had to cut spending on gifts. Thirty-one people cut back on groceries and holiday shopping.
This statistic shows the results of a survey conducted in the United States in October to November 2024. U.S. consumers were asked how much they usually plan to spend on Christmas gifts for their children. During the survey, 16 percent of the respondents said that they plan to spend more that $200 on Christmas gifts per child.
Spanish consumers expected to spend roughly *** euros on Christmas purchases in 2023. For the past three years, the amount of money that Spaniards expected to spend during Christmas has decreased.
In 2023, over ** percent of shoppers in Spain claimed they would spend more on Christmas purchases than they did the year before. Still, the majority of consumers surveyed indicated they would spend the same as the previous year.
Of the average household Christmas budget in Canada, the majority is spent on gifts, according to data compiled in 2023. Decorations were calculated to be the next biggest expenditure, only narrowly beating food. The budget for this data refers to the calculated cost of how much the average Canadian spends on Christmas items, rather than the budget Canadian holiday shoppers set for themselves. Canadian Christmas budgets The holiday season is a busy time in the retail sector, with consumers typically spending more than usual. With so many presents to buy, special events, parties, and gatherings, it is no wonder that the majority of consumers spend even more than they planned for over the Christmas period. A fair share of shoppers exceeded their budget by over ************ Canadian dollars. But it would appear this spending comes from a place of love, as the consumers in Canada planned to spend the most money on their family. The lingering effects of COVID-19 Whilst it looks like Christmas will not be affected by coronavirus as much as in 2020, consumers still have reservations going into the holiday shopping season, above all crowded stores, and the risks that being in close proximity with many people brings. A further, indirect result of the pandemic is the delayed supply chain. Many shoppers worry that their goods will not reach them in time for Christmas, or that they may not be available at all.
In 2023, the majority of Poles decided to limit their Christmas spending (64 percent).
18- to 24-year-olds were the age group in Great Britain most likely to say that the rise in the cost of living meant that they were going to spend less over Christmas in 2024. Only a very small percentage of British consumers across all ages said that they would spend more than normal on Christmas time, regardless of the rising cost of living.
Over ** percent of shoppers in Chile claimed they would spend more on Christmas purchases in 2023 than they did the year before.
In 2024, about 52 percent of consumers in the United States intended to spend roughly the same amount of money on Christmas goods as they did in the respective previous year. A quarter of American respondents intended to spend less for Christmas, whilst 20 percent expected to spend more. Christmas celebrations in the U.S. In the United States, Christmas is one of the biggest holidays of the year: according to a survey, roughly eight and a half out of 10 Americans stated they would celebrate the holiday. Only about 10 percent of Americans were not planning to partake in any celebrations. Holiday promotions In the past few years, holiday retail sales in the United States have skyrocketed. In 2023, U.S. holiday retail sales figures reached just over 950 billion U.S. dollars, which was an increase of some 20 billion just compared to the year before. The winter holiday season includes shopping occasions, such as Black Friday and Cyber Monday. On days such as these, retail products are somewhat to significantly cheaper, making them opportune moments for holiday shopping. When asked when they would likely start their holiday shopping, about 40 percent of U.S. consumers said they would begin in November already, i.e., when these major sales events take place.