According to the results of a global survey, consumers in China had the highest net spending intention for the upcoming shopping events like Singles' Day or Black Friday over the holiday season. Compared to 25 percent of consumers who said they were intending to spend less that year, 29 percent of those surveyed said they would spend more during 2020 holiday season.
Holiday spending intention of consumers worldwide in 2020, by country
This question was phrased by the source as follows: "How do you think your spending for the upcoming seasonal holidays (e.g., Singles Day, Black Friday, Christmas) may change compared with last year?" Rated from "significantly decrease" to "significantly increase".
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
McKinsey & Company. (October 26, 2020). Holiday spending intention of consumers worldwide in 2020, by country [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1185918/consumers-holiday-shopping-intent-worldwide/
McKinsey & Company. "Holiday spending intention of consumers worldwide in 2020, by country." Chart. October 26, 2020. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1185918/consumers-holiday-shopping-intent-worldwide/
McKinsey & Company. (2020). Holiday spending intention of consumers worldwide in 2020, by country. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1185918/consumers-holiday-shopping-intent-worldwide/
McKinsey & Company. "Holiday Spending Intention of Consumers Worldwide in 2020, by Country." Statista, Statista Inc., 26 Oct 2020, https://www.statista.com/statistics/1185918/consumers-holiday-shopping-intent-worldwide/
McKinsey & Company, Holiday spending intention of consumers worldwide in 2020, by country Statista, https://www.statista.com/statistics/1185918/consumers-holiday-shopping-intent-worldwide/ (last visited November 22, 2024)
Holiday spending intention of consumers worldwide in 2020, by country [Graph], McKinsey & Company, October 26, 2020. [Online]. Available: https://www.statista.com/statistics/1185918/consumers-holiday-shopping-intent-worldwide/
