Key Takeaways
- U.S. holiday consumer spending hit a record $989.5 billion in 2023, up 3.8% from the previous year.
- Global holiday e-commerce sales are projected to reach $1.2 trillion by 2025, driven by mobile shopping growth.
- Average U.S. household holiday spending was $902 in 2023, with gifts accounting for 52% of total.
- 52% of U.S. shoppers are millennials, spending average $450 on holiday gifts.
- Gen Z shoppers (18-24) plan to spend 15% more than average at $520 per person in 2023.
- Baby boomers (55+) account for 28% of holiday spending, averaging $650.
- 62% of U.S. shoppers bought online before Black Friday 2023.
- Mobile commerce accounted for 55% of holiday e-sales, $132 billion U.S.
- In-store shopping still 60% of total holiday volume despite online growth.
- Toys category topped holiday gifts at 25% of purchases, $25B U.S.
- Electronics/gadgets 22% share, average $250 per item.
- Clothing/apparel 18%, with loungewear up 40%.
- Returns averaged 16.5% of holiday purchases in 2023.
- 75% of returns occur within first 30 days post-Christmas.
- Online returns rate 20.8% vs 8.9% in-store.
Record holiday spending reached nearly one trillion dollars globally last year.
Consumer Demographics
Consumer Demographics Interpretation
Gift Categories
Gift Categories Interpretation
Post-Holiday Trends
Post-Holiday Trends Interpretation
Shopping Channels
Shopping Channels Interpretation
Total Spending
Total Spending Interpretation
Sources & References
- Reference 1NRFnrf.comVisit source
- Reference 2STATISTAstatista.comVisit source
- Reference 3CENSUScensus.govVisit source
- Reference 4ONSons.gov.ukVisit source
- Reference 5ADOBEadobe.comVisit source
- Reference 6EMARKETERemarketer.comVisit source
- Reference 7DIGITALCOMMERCE360digitalcommerce360.comVisit source
- Reference 8ECec.europa.euVisit source
- Reference 9ABSabs.gov.auVisit source
- Reference 10EBITebit.com.brVisit source
- Reference 11CONFEDERATIONOFINDIANINDUSTRYconfederationofindianindustry.orgVisit source
- Reference 12METImeti.go.jpVisit source
- Reference 13KOSTATkostat.go.krVisit source
- Reference 14SBAsba.govVisit source
- Reference 15BAINbain.comVisit source
- Reference 16FMIfmi.orgVisit source
- Reference 17USTRAVELustravel.orgVisit source
- Reference 18GIVINGUSAgivingusa.orgVisit source
- Reference 19AMERICANPETPRODUCTSamericanpetproducts.orgVisit source
- Reference 20NAHBnahb.orgVisit source
- Reference 21GFKgfk.comVisit source
- Reference 22SHOPIFYshopify.comVisit source
- Reference 23TOYASSOCIATIONtoyassociation.orgVisit source
- Reference 24MCKINSEYmckinsey.comVisit source
- Reference 25PUBLISHERSWEEKLYpublishersweekly.comVisit source
- Reference 26NSGAnsga.orgVisit source
- Reference 27JEWELERSjewelers.orgVisit source
- Reference 28FURNITURETODAYfurnituretoday.comVisit source
- Reference 29DELOITTEdeloitte.comVisit source
- Reference 30AARPaarp.orgVisit source
- Reference 31URBANurban.orgVisit source
- Reference 32FAMILYCIRCLEfamilycircle.comVisit source
- Reference 33PEWRESEARCHpewresearch.orgVisit source
- Reference 34BROOKINGSbrookings.eduVisit source
- Reference 35CBPPcbpp.orgVisit source
- Reference 36NIELSENnielsen.comVisit source
- Reference 37ASIANAMERICANRESEARCHasianamericanresearch.comVisit source
- Reference 38FORBESforbes.comVisit source
- Reference 39GARTNERgartner.comVisit source
- Reference 40NASPAnaspa.orgVisit source
- Reference 41MARKETINGCHARTSmarketingcharts.comVisit source
- Reference 42HRChrc.orgVisit source
- Reference 43VAva.govVisit source
- Reference 44ACCESSIBILITYaccessibility.comVisit source
- Reference 45APPMAappma.orgVisit source
- Reference 46NEWZOOnewzoo.comVisit source
- Reference 47ACSMacsm.orgVisit source
- Reference 48FOODINSTITUTEfoodinstitute.comVisit source
- Reference 49READINGreading.orgVisit source
- Reference 50RIAria.comVisit source
- Reference 51TRIPADVISORtripadvisor.comVisit source
- Reference 52BUSINESSINSIDERbusinessinsider.comVisit source
- Reference 53VOICEBOTvoicebot.aiVisit source
- Reference 54OLIVERWYMANoliverwyman.comVisit source
- Reference 55BUSINESSOFFASHIONbusinessoffashion.comVisit source
- Reference 56SUBTAsubta.orgVisit source
- Reference 57BCGbcg.comVisit source
- Reference 58QVCqvc.comVisit source
- Reference 59CATALOGAGEMAGcatalogagemag.comVisit source
- Reference 60RETAILDIVEretaildive.comVisit source
- Reference 61SALESFORCEsalesforce.comVisit source
- Reference 62UNCTADunctad.orgVisit source
- Reference 63APPSFLYERappsflyer.comVisit source
- Reference 64MAILCHIMPmailchimp.comVisit source
- Reference 65TWILIOtwilio.comVisit source
- Reference 66SENSORTOWERsensortower.comVisit source
- Reference 67VRWORLDvrworld.comVisit source
- Reference 68VISAvisa.comVisit source
- Reference 69CTActa.techVisit source
- Reference 70UNIFORMMARKETuniformmarket.comVisit source
- Reference 71NPDnpd.comVisit source
- Reference 72BEAUTYINDEPENDENTbeautyindependent.comVisit source
- Reference 73JEWELERSBOARDjewelersboard.comVisit source
- Reference 74EVENTBRITEeventbrite.comVisit source
- Reference 75PETBUSINESSpetbusiness.comVisit source
- Reference 76ESAesa.intVisit source
- Reference 77SIAsia.orgVisit source
- Reference 78GOURMETGIFTBASKETSgourmetgiftbaskets.comVisit source
- Reference 79BLSbls.govVisit source
- Reference 80GREENBIZgreenbiz.comVisit source
- Reference 81STEMstem.org.ukVisit source
- Reference 82PUZZLEWAREHOUSEpuzzlewarehouse.comVisit source
- Reference 83DISTILLEDSPIRITSdistilledspirits.orgVisit source
- Reference 84SHUTTERFLYshutterfly.comVisit source
- Reference 85HASBROhasbro.comVisit source
- Reference 86PARKSASSOCIATESparksassociates.comVisit source
- Reference 87ACCESSORIESCOUNCILaccessoriescouncil.orgVisit source
- Reference 88NFRAWEBnfraweb.orgVisit source
- Reference 89SUBSCRIBERGROWTHsubscribergrowth.comVisit source
- Reference 90CHARITYNAVIGATORcharitynavigator.orgVisit source
- Reference 91INVESPinvesp.comVisit source
- Reference 92PWCpwc.comVisit source
- Reference 93FEDEXfedex.comVisit source
- Reference 94BLACKHAWKNETWORKblackhawknetwork.comVisit source
- Reference 95GIFTWRAPgiftwrap.comVisit source
- Reference 96PACKAGINGDIGESTpackagingdigest.comVisit source
- Reference 97IBMibm.comVisit source
- Reference 98THREDUPthredup.comVisit source
- Reference 99CONSUMERREPORTSconsumerreports.orgVisit source
- Reference 100DHLdhl.comVisit source
- Reference 101APPANNIEappannie.comVisit source
- Reference 102WASTEMANAGEMENTwastemanagement.comVisit source
- Reference 103ZENDESKzendesk.comVisit source
- Reference 104LOYALTY360loyalty360.orgVisit source
- Reference 105PARENTSparents.comVisit source
- Reference 106FASHIONUNITEDfashionunited.comVisit source
- Reference 107BANKRATEbankrate.comVisit source
- Reference 108IHRSAihrsa.orgVisit source





