Saving money on Christmas gifts was not on roughly one third of UK consumers' minds in 2021. A recent survey conducted on cost cutting measures for Christmas showed that less than 15 percent of consumers went for unconventional measures such as buying second-hand gifts, giving freebies as gifts, or regifting. 27 percent of respondents said their cost-cutting measure of choice was setting a price limit on gifts.
Consumer methods of cutting Christmas costs in the United Kingdom (UK) in 2021
Characteristic
Share of respondents
I don't plan to cut costs this Christmas
31%
Setting a price limit on gifts
27%
Reusing gift packaging
14%
Giving an inexpensive experience as a gift (e.g. massage, picnic)
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finder.com. (November 29, 2021). Consumer methods of cutting Christmas costs in the United Kingdom (UK) in 2021 [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1090276/ways-of-cutting-christmas-costs-united-kingdom-uk/
finder.com. "Consumer methods of cutting Christmas costs in the United Kingdom (UK) in 2021." Chart. November 29, 2021. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1090276/ways-of-cutting-christmas-costs-united-kingdom-uk/
finder.com. (2021). Consumer methods of cutting Christmas costs in the United Kingdom (UK) in 2021. Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1090276/ways-of-cutting-christmas-costs-united-kingdom-uk/
finder.com. "Consumer Methods of Cutting Christmas Costs in The United Kingdom (Uk) in 2021." Statista, Statista Inc., 29 Nov 2021, https://www.statista.com/statistics/1090276/ways-of-cutting-christmas-costs-united-kingdom-uk/
finder.com, Consumer methods of cutting Christmas costs in the United Kingdom (UK) in 2021 Statista, https://www.statista.com/statistics/1090276/ways-of-cutting-christmas-costs-united-kingdom-uk/ (last visited September 01, 2024)
Consumer methods of cutting Christmas costs in the United Kingdom (UK) in 2021 [Graph], finder.com, November 29, 2021. [Online]. Available: https://www.statista.com/statistics/1090276/ways-of-cutting-christmas-costs-united-kingdom-uk/