In 2023, an increased number of consumers said they expected to make cuts to their non-food product purchases during the holiday season, which includes sales events like Black Friday as well. In the U.S., this share was at 73 percent, while in the previous year around 60 percent of those surveyed said they would reduce their spending for such expenses. In the UK, as high as 79 percent of consumers expected to spend less or delay their non-food related purchases this holiday season.
Share of consumers expected to make cuts to their holiday season spending for non-food purchases worldwide in 2022 and 2023, by country
This question was phrased by the source as follows: "Pensando en sus gastos no alimentarios durante el Black Friday y Navidad, ¿espera hacer recortes (es decir, gastar menos, retrasar compras) este año en comparación con el año pasado?"
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Packlink PRO. (October 31, 2023). Share of consumers expected to make cuts to their holiday season spending for non-food purchases worldwide in 2022 and 2023, by country [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1423680/reduced-holiday-season-spending/
Packlink PRO. "Share of consumers expected to make cuts to their holiday season spending for non-food purchases worldwide in 2022 and 2023, by country." Chart. October 31, 2023. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1423680/reduced-holiday-season-spending/
Packlink PRO. (2023). Share of consumers expected to make cuts to their holiday season spending for non-food purchases worldwide in 2022 and 2023, by country. Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1423680/reduced-holiday-season-spending/
Packlink PRO. "Share of Consumers Expected to Make Cuts to Their Holiday Season Spending for Non-food Purchases Worldwide in 2022 and 2023, by Country." Statista, Statista Inc., 31 Oct 2023, https://www.statista.com/statistics/1423680/reduced-holiday-season-spending/
Packlink PRO, Share of consumers expected to make cuts to their holiday season spending for non-food purchases worldwide in 2022 and 2023, by country Statista, https://www.statista.com/statistics/1423680/reduced-holiday-season-spending/ (last visited November 18, 2024)
Share of consumers expected to make cuts to their holiday season spending for non-food purchases worldwide in 2022 and 2023, by country [Graph], Packlink PRO, October 31, 2023. [Online]. Available: https://www.statista.com/statistics/1423680/reduced-holiday-season-spending/