For the 2024 holiday season, nearly two-thirds of consumers planning to spend less on holiday gifts per gift recipient, specifically mentioned increased product prices due to inflation as a reason. About a third intended to buy fewer gifts per person.
Leading reasons for spending less on gifts per person among consumers in the United States in 2024 compared to 2023
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KPMG US. (October 21, 2024). Leading reasons for spending less on gifts per person among consumers in the United States in 2024 compared to 2023 [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1535137/reasons-for-spending-less-on-gifts/
KPMG US. "Leading reasons for spending less on gifts per person among consumers in the United States in 2024 compared to 2023." Chart. October 21, 2024. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1535137/reasons-for-spending-less-on-gifts/
KPMG US. (2024). Leading reasons for spending less on gifts per person among consumers in the United States in 2024 compared to 2023. Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1535137/reasons-for-spending-less-on-gifts/
KPMG US. "Leading Reasons for Spending Less on Gifts per Person among Consumers in The United States in 2024 Compared to 2023." Statista, Statista Inc., 21 Oct 2024, https://www.statista.com/statistics/1535137/reasons-for-spending-less-on-gifts/
KPMG US, Leading reasons for spending less on gifts per person among consumers in the United States in 2024 compared to 2023 Statista, https://www.statista.com/statistics/1535137/reasons-for-spending-less-on-gifts/ (last visited December 03, 2024)
Leading reasons for spending less on gifts per person among consumers in the United States in 2024 compared to 2023 [Graph], KPMG US, October 21, 2024. [Online]. Available: https://www.statista.com/statistics/1535137/reasons-for-spending-less-on-gifts/