According to a survey carried out in September 2019, Millennial consumers from the United States intended on spending *** U.S. dollars on gifts during the holiday season. Furthermore, they intended on spending *** U.S. dollars on other holiday items.
In 2024, consumers in Canada were expecting to spend under ***** Canadian dollars during the holidays. Within the measured timeframe, average expected spending was at its highest in 2021.
Mobile spending during ***** of the most relevant holiday shopping days in the United States increased in 2020. That year, Cyber Monday recorded a mobile spend of *** billion U.S. dollars. Meanwhile, Black Friday and Thanksgiving saw spending rise to more than ***** and *** billion dollars, respectively.
Russians' estimated expenditure on New Year's gifts in 2021 was higher than the actual spending in 2020. At the same time, the respondents expected to spend less on food and drinks than in the previous year.
Aggregated and anonymized purchase data from consumer credit and debit card spending. Spending is reported based on the ZIP code where the cardholder lives, not the ZIP code where transactions occurred. Data from Affinity Solutions, compiled by Opportunity Insights. Update Frequency: Weekly Date Range: January 13th until the most recent date available. Data Frequency: Data is daily until the final two weeks of the series, and the daily data is presented as a 7 day lookback moving average. For the final two weeks of the series, the data is weekly and presented as weekly data points. Index Period: January 4th - January 31st Indexing Type: Seasonally adjusted change since January 2020. Data is indexed in 2019 and 2020 as the change relative to the January index period. We then seasonally adjust by dividing year-over-year, which represents the difference between the change since January observed in 2020 compared to the change since January observed since 2019. We account for differences in the dates of federal holidays between 2019 and 2020 by shifting the 2019 reference data to align the holidays before performing the year-over-year division.
For 2021's upcoming holiday season, consumers in Canada were planning to spend an average of 770 Canadian dollars on family. This is an increase compared to last year's planned spending, but a decrease when compared to 2019's projections. In 2021, Canadians were also planning to spend an estimated 480 dollars on themselves.
According to a survey carried out in September 2019, Baby Boomer consumers from the United States intended on spending *** U.S. dollars on gifts during the holiday season. Furthermore, they intended on spending *** U.S. dollars on other holiday items.
In the United Kingdom, consumers plan to go to physical stores when shopping for groceries and beverages during the holiday season in 2019. According to the results of a consumer survey on holiday spending patterns, while UK shoppers' shopping plans were multichannel, majority of consumers expressed a preference for online rather than offline channels when shopping for consumer electronics this holiday season.
According to a survey carried out in September 2019, Generation X consumers from the United States intended on spending *** U.S. dollars on gifts during the holiday season. Furthermore, they intended on spending *** U.S. dollars on other holiday items.
In 2019, respondents who were single indicated to spend approximately on average ***** euros on holidays, whereas couples without children mentioned to have an average holiday expenditure of nearly ***** euros. This is an increase compared to the previous year, when the holiday expenditures of singles and couples without children amounted to ***** and ***** euros, respectively.
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Australia Visitor Expenditures: 4 Qtrs Cumulative: Holiday data was reported at 17,239.933 AUD mn in Dec 2019. This records an increase from the previous number of 17,121.350 AUD mn for Sep 2019. Australia Visitor Expenditures: 4 Qtrs Cumulative: Holiday data is updated quarterly, averaging 11,447.087 AUD mn from Jun 2006 (Median) to Dec 2019, with 55 observations. The data reached an all-time high of 17,239.933 AUD mn in Dec 2019 and a record low of 9,842.198 AUD mn in Sep 2011. Australia Visitor Expenditures: 4 Qtrs Cumulative: Holiday data remains active status in CEIC and is reported by Tourism Research Australia. The data is categorized under Global Database’s Australia – Table AU.Q012: Visitor Spending: 4 Quarters Cumulative: by Purpose and by Countries.
According to a survey carried out in the United States in September 2019, some ** of percent respondents stated that they intend on spending the most on clothing and/or accessories as gifts for the holiday season. Conversely, * percent stated that they intend to spend the most on furniture and/or appliances.
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The prepaid gift card market is experiencing robust growth, driven by increasing consumer preference for convenient and flexible payment options, particularly during the holiday season and special occasions. The market's expansion is fueled by the rising popularity of e-gift cards and mobile gifting solutions, which offer seamless online purchasing and delivery experiences. Furthermore, the increasing adoption of prepaid gift cards by businesses for employee rewards, loyalty programs, and promotional campaigns further stimulates market growth. While the exact market size in 2025 is unavailable, considering a plausible CAGR of 8% (a common rate for this sector) and a hypothetical 2019 market value of $150 billion (a reasonable estimate based on industry reports), we can project a 2025 market size of approximately $220 billion. This projection reflects the sustained positive growth trajectory observed in recent years. However, challenges such as increasing fraud, regulatory compliance requirements, and the potential for declining physical card usage due to digital alternatives present some constraints on market expansion. Despite these challenges, continued innovation within the industry, along with expanding distribution channels and partnerships, will likely drive substantial growth throughout the forecast period. The competitive landscape is characterized by both established players like Blackhawk Network Holdings and First Data Corporation, and smaller, more specialized companies like TenderCard and Qwikcilver Solutions. Larger players benefit from significant economies of scale, advanced technology infrastructure, and extensive distribution networks. Smaller companies often differentiate through niche offerings, such as personalized or eco-friendly cards, catering to specific consumer segments. The market's success hinges on the continued integration of technological advancements, such as mobile wallets and blockchain technology, to enhance security and improve the user experience. This includes enhancing fraud prevention measures and improving customer service to bolster consumer trust. Continued segmentation based on card type, denomination, and target demographic will remain crucial for players to thrive in this dynamic market. The overall market demonstrates strong potential for sustained growth fueled by evolving consumer preferences and innovation in digital gifting platforms.
The statistic depicts the results of a survey about the average amount spent on holiday shopping in Canada across different channels in October 2019. The survey revealed that this holiday season the average amount expected to be spent by online-only shopping Canadians amounted to ***** Canadian dollars.
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The Christmas decorations and Christmas lights market is a vibrant and steadily growing sector, projected to reach a market size of $7,559.8 million in 2025 and exhibiting a Compound Annual Growth Rate (CAGR) of 6.1% from 2019 to 2033. This growth is fueled by several key drivers. Increasing disposable incomes in developing economies are allowing more consumers to participate in festive celebrations, leading to higher demand for decorative items. The rise of e-commerce platforms has significantly broadened market reach, providing convenient access to a wider variety of products. Furthermore, evolving consumer preferences toward premium, personalized, and sustainable decorations contribute to market expansion. Innovative product designs, incorporating smart technology such as LED lights with customizable features and voice control, further stimulate demand. Key players like Amscan, Balsam Hill, and Kingtree are capitalizing on these trends by offering diverse product lines and investing in marketing and distribution networks. Competition is relatively high, with companies focusing on differentiation through unique product offerings, branding, and customer experience. However, the market faces certain restraints. Fluctuations in raw material prices, particularly for certain types of plastics and metals used in light manufacturing, can impact profitability. Seasonal demand creates logistical challenges, requiring effective inventory management and efficient supply chains. Environmental concerns regarding the disposal of non-biodegradable decorations also present a challenge that manufacturers are increasingly addressing through the development of sustainable alternatives. Despite these challenges, the long-term outlook for the Christmas decorations and Christmas lights market remains positive, with continued growth expected as consumer spending on festive celebrations increases globally and technological advancements drive innovation in the sector. Regional variations in growth rates will likely be influenced by factors such as cultural traditions, economic conditions, and levels of disposable income.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 2.91(USD Billion) |
MARKET SIZE 2024 | 3.02(USD Billion) |
MARKET SIZE 2032 | 4.1(USD Billion) |
SEGMENTS COVERED | Product Type ,Material ,Design ,Application ,Price Range ,Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Increased demand for festive decorations Growing popularity of Christmas celebrations Rising disposable income Consumers have more money to spend on holiday decorations Online sales growth Convenience and wide selection drive ecommerce sales Sustainability concerns Consumers increasingly prefer ecofriendly decorations DIY trend Homemade and personalized wreaths and garlands gaining popularity |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Balsam Hill ,One Kings Lane ,Pottery Barn ,Grandin Road ,West Elm ,Safavieh ,Pier 1 Imports ,Crate and Barrel ,Restoration Hardware ,Walmart ,Target ,Michaels ,Jo-Ann Fabric and Craft Stores ,Hobby Lobby ,At Home |
MARKET FORECAST PERIOD | 2024 - 2032 |
KEY MARKET OPPORTUNITIES | Ecofriendly and sustainable options Smart home integration Personalized and customized products Innovative designs and materials Online sales and ecommerce growth |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 3.88% (2024 - 2032) |
Russians planned to spend over ** thousand Russian rubles on average on New Year's holidays in 2021. The estimated expenditure was lower than the actual spending in 2020.
Holiday season retail advertising spending in the United States amounted to **** billion U.S. dollars in the fourth quarter of 2019, marking an increase from the fourth quarter of 2016 value of **** billion. Online retail ad spending has grown from *** million in the 4th quarter of 2016 to *** million in 2019.
This statistic shows the planned average spend per person on gifts over the Black Friday-Cyber Monday weekend in the United States from 2017 to 2019. In 2019, U.S. consumers planned to spend an average of *** U.S. dollars per person on gifts over the Black Friday-Cyber Monday weekend.
This statistic shows the results of a survey conducted in the United States in October 2019. U.S. consumers were asked who they are spending this year's holidays with. During the survey, ** percent of the respondents said that they are spending this year's holidays with their parents.
According to a survey carried out in September 2019, Millennial consumers from the United States intended on spending *** U.S. dollars on gifts during the holiday season. Furthermore, they intended on spending *** U.S. dollars on other holiday items.