Most consumers in the United States did not plan on increasing their holiday spending in 2020 compared to last year for all major holidays. Some ** percent of survey respondents planned to spend about the same amount for Thanksgiving in 2020. Nearly half of respondents planned to spend less this year on Halloween and Labor Day than they did in the previous year.

In a survey conducted in the U.S. in August 2020, ** percent of respondents reported that the main reason they expected their holiday spending in 2020 to increase was because they were able to save more money during the coronavirus pandemic.

Almost ** percent of American survey respondents stated that they planned to spend less than 100 U.S. dollars on holiday gifts in 2020, this is a **** percent increase from last year. In comparison, some ** percent of respondents planned to spend over *** U.S. dollars in 2020, down from ** percent last 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.

This statistic shows the anticipated change in holiday spending among consumers in Canada as of August 2020. During the survey, some 45 percent of the respondents said they planned to spend less on holiday shopping in 2020 as they did the previous year.

According to a survey carried out in the United States in September 2023, consumers planned to spend over ** percent of their total holiday season budget online, and the rest on in-store purchases.

According to a survey conducted in October 2020, just over ** percent consumers in the United States said they would spend more during this year's holiday season if they were to receive a federal stimulus payment of ***** U.S. dollars. Without the assistance, only about ** percent of U.S. shoppers would be planning to spend more this year. Approximately half of the respondents intend to spend the same amount, with or without a stimulus payment.

Analysis of ‘Percent Change in Consumer Spending, January 2020 through the Present’ provided by Analyst-2 (analyst-2.ai), based on source dataset retrieved from https://catalog.data.gov/dataset/6686746b-f7e1-400a-9b94-660b28db5355 on 27 January 2022.

--- Dataset description provided by original source is as follows ---

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.

--- Original source retains full ownership of the source dataset ---

Our statistics reveal the average cost of a holiday in Australia, plus the average cost of a holiday in Australia’s most popular travel destinations.

Over 50 percent of Canadian survey respondents stated that the coronavirus pandemic will have a negative impact, either significant or slight, on their spending capabilties for the holiday season in 2020. Just two percent of respondents expected the pandemic to have a significant positive impact on their holiday budget.

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.

Most Spaniards see a favorable future ahead and consider that they will be able to resume their holiday leisure activities as the health crisis caused by the coronavirus pandemic at the beginning of 2020 eases off. According to the results of a survey conducted in April 2020, most of Spanish holidaymakers think they will be spending the same amount of money on their vacation once the restrictions applied to fight against the spread of coronavirus are lifted.

In recent years, online spending via desktop devices during Cyber Monday has skyrocketed in the United States, reaching approximately *********** U.S. dollars in 2020. This figure represents an increase of nearly ** percent over the previous year. In its 2020 version, Black Friday recorded a desktop spend of about *** billion dollars, whereas Thanksgiving expenditure amounted to some *** billion dollars.

Christmas Lights And Decorations Market size was valued at USD 8.1 Billion in 2023 and is projected to reach USD 10.87 Billion By 2031, growing at a CAGR of 4.13% during the forecast period 2024 to 2031.Global Christmas Lights And Decorations Market DriversThe market drivers for the Christmas Lights And Decorations Market can be influenced by various factors. These may include:Seasonal Festivities: The actual holiday season serves as the main catalyst for the market for Christmas lights and decorations. Christmas is a global holiday that inspires people and companies to decorate and light up their homes, streets, and other spaces.Consumer Spending: The market is largely driven by economic reasons. Consumers prefer to spend more on luxuries like decorations during prosperous economic times. In contrast, due to the emotional value of the holiday, spending tends to stay resilient even during economic downturns.Innovation and Design Trends: The market is always being refreshed by innovations in lighting technology and design trends. Specifically, LED technology has revolutionized the market by providing energy-efficient solutions with eye-catching hues and adaptable styles. Consumer tastes are also influenced by trends in decorating themes, color schemes, and stylistic elements.Urbanization and Population Growth: These two factors support the market's progress. The need for public and commercial decorations in city centers, retail areas, and entertainment venues is growing as more people move into metropolitan areas.E-commerce and Online Retail: The market for Christmas lights and decorations has been greatly impacted by the rise of e-commerce. Online platforms drive sales and extend market reach beyond traditional brick-and-mortar businesses by providing a large selection of products, simple shopping experiences, and frequently competitive price.Environmental Awareness: As people's knowledge of environmental issues has grown, so has the market for sustainable and eco-friendly décor. In response, producers are creating goods derived from recycled materials, providing energy-saving lighting alternatives, and encouraging the use of reusable decorations.Cultural Diversity and Influences: The market has been impacted by a multitude of customs and festivals due to globalization and cultural diversity. The demand for a broad variety of decorations that satisfy various cultural preferences and aesthetics is fueled by this diversity.Festivities and Tourism: The market is growing because of Christmas festivities and tourism, especially in well-liked vacation spots and tourist hotspots. During the holiday season, cities and regions frequently spend a lot of money on lavish decorations and light shows to draw tourists.Influencer marketing and social media: These two strategies are crucial for influencing customer preferences and increasing sales. Online influencers and celebrities display holiday décor to motivate their fans and sway their decisions to buy.DIY Culture and Personalization: As do-it-yourself projects have grown in popularity, more and more customers are choosing to make their own distinctive decorations. The desire for DIY project accessories and kits that may be customized and personalized has increased as a result of this trend.

The holiday season is a big time for consumer spending as parents treat their children to the hottest new consumer goods on the market. The 2020 holiday season coincides with the release of two next generation video game consoles - the PlayStation 5 and the Xbox Series X/S. As a result, consumer spending on video games in November and December of 2020 is expected to hit **** billion U.S. dollars, an increase of ** percent on the previous year.

Americans planned to spend ** U.S. dollars on average on decorations for the holiday season in 2021. This is an increase of almost ten dollars compared to 2015, when consumers spent around ** U.S. dollars.

Holiday season spending

Home and holiday furnishings, which includes decorations, ranked in fifth place on a list of planned holiday expenditures among American consumers. In 2020, Americans planned to spend approximately *** U.S. dollars on home and holiday furnishings on average. Gifts topped the list that year with consumers planning to spend around *** U.S. dollars. When it came to total Christmas spending, most U.S. consumers in 2020 said they would spend around the same amount of money as last Christmas, whilst roughly ** percent planned on spending more.

Online holiday shopping

During the very busy holiday shopping season, many consumers prefer shopping online in order to avoid the crowds. In fact, in 2020 and 2021, more than nine in ten consumers in the United States used Amazon during the holiday season, making it the most popular e-commerce website for this time of year. In order to keep up with the high demand, Amazon planned to hire about *** thousand workers ahead of the holiday shopping stretch.

The Hotels and Holiday Accommodation industry is buoyed by France’s position as the world’s most visited country. A rich historical heritage, famed attractions and a variety of holiday hotspots, from Paris to the French Riviera and the French Alps, draw travellers from all across the globe. Although the tourism sector is recovering, the COVID-19 pandemic and recent inflationary pressures have dampened demand. Accommodation providers have also faced significant price pressures amid intense competition and the popularity of OTAs and home-sharing platforms, which, alongside higher operating costs thanks to inflationary pressures, have weighed on profit. Revenue is expected to expand at a compound annual rate of 13.2% over the five years through 2025 to €32.4 billion, including an estimated 1.3% rise in 2025. France is renowned for its tourist destinations, consistently drawing a significant number of international visitors. This, alongside a strong domestic tourism market, boosted demand for hotels and holiday accommodation prior to the COVID-19 outbreak in 2020. Strict restrictions during the pandemic, including lockdowns and the forced closure of accommodation establishments, and the collapse in inbound tourism decimated revenue in 2020. However, pent-up demand for holidaying and easing of restrictions boosted revenue growth in the two years through 2022. International tourism continued its recovery, with visitor numbers reaching 100 million in 2023, surpassing pre-pandemic levels. Major sports events like the Rugby World Cup in 2023 and the 2024 Paris Olympics have also drawn in visitors and supported demand for holiday accommodation. However, recent inflationary pressures and geopolitical tensions have subdued consumer sentiment and spending, hindering RevPAR and limiting revenue growth. That being said, expanding tourism and disposable income levels should support revenue growth in 2025. Revenue is forecast to expand at a compound annual rate of 1.3% over the five years through 2030 to reach €34.5 billion. France’s position as a leading tourist hotspot will drive domestic and international tourist numbers, fuelling demand for hotels and holiday accommodation. Providers will have to innovate and adapt to changing consumer preferences, focusing on trends like sustainability and unique experiences alongside investing in technology. However, intense competition will likely dampen revenue and profit growth.

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 – 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.

During 2020's holiday season, approximately a quarter of consumers in Canada spent more than they had initially intended. At nearly ** percent, younger consumers in Canada were especially prone to going over their initial holiday shopping budget.

As of October 2020, income growth was the major promoter of elevated expenditure in Russia. While ** percent of the polled audience also revealed that discounts could foster their holiday spending, for ** percent of the respondents improved economic situation was the key driver of increased spending during the holidays.