In the UK, over 25% of people use their phones to buy gifts, while 17.8% of them use their phones to make a dinner reservation or book a hotel (17.2%), according to Media IQ. About 29% of those who purchased gifts spent at least AU$100, while only 7% spent under AU$25. The average amount spent on celebrating February 14th has been on the rise since 2017 when it was $136.57. The total Valentine’s Day sales of pet gifts in 2020 hit a record-high $1.7 billion. There are no specific Valentine’s Day statistics on this. Hallmark is immensely popular thanks to its 1,400 unique designs. Australian Valentine’s Day data shows that 77% of Aussie couples celebrated the day, and 43% of them bought gifts. If playback doesn't begin shortly, try restarting your device. The total Valentine’s Day revenue in Australia in 2019 hit AU$377 million, and the average spending per person was AU$90. For Valentine’s Day, 5 facts on relationships and dating in the U.S. By Amanda Barroso and Anna Brown (Getty Images) Valentine’s Day this year will be unlike any in recent memory as coronavirus-related restrictions continue to limit what Americans can do to celebrate. Top 5 Valentine’s Day Facts for 2021: $21.8 Billion: Total Valentine’s Day spending projected for 2021 ($164.76 per person celebrating). List of dates for other years. In 2021, according to NRF, the average amount spent for the celebration by men was $231. All Rights Reserved. And they also spend millions of dollars on gifts for their pets. People all around the world spend at least a part of their budget on Valentine’s Day. ; Symbols for Valentine's day include hearts, chocolate, flowers, and Cupid - the Roman God of Love. This day is much more than a simple celebration, as Valentine’s Day sales statistics show. Due to the COVID-19 pandemic, however, the celebration was modest this year. The holiday is celebrated in many other countries worldwide, as well. And with couples in Canada, the UK, Australia, Europe, and other countries worldwide also celebrating their love on February 14th, the upwards spending trend for the holiday isn’t expected to slow down anytime soon. Americans also spend around $3.9 billion on jewelry for Valentine’s Day, while gifts of experience are “wanted by 40 percent and planned to be given by 25 percent,” according to the same study. We use cookies to enhance your experience with us. The Best Binary Options Brokers in the USA. Still, V Day isn’t the most popular holiday for sending cards. It's a day when people show their love to another person by sending presents and messages of love. In the country, the day actually started as a commercial invention but later became Valentine’s traditions. Every February 14th, couples around the world celebrate their love and relationship. Valentine’s Day spending rises every year, along with economic growth in every world country. This figure dropped to $1.3 billion in 2021. Although the origins of Valentine’s Day are murky, ancient Romans celebrated the feast of Lupercalia, a spring festival, on the fifteenth of February. However, as these payday loan statistics show, there’s a lot... Credit makes the world go round by fueling consumption. Discount and online stores get visited by 32% of consumers each. In the UK, people spend the most on gifts of food and drink, which amounted to £128 million in 2017, according to FashionUnited. Fast Facts: Valentine's Day Faith(s) Christianity: Dates February 14, 2021 February 14, 2022 February 14, 2023 February 14, 2024 If we dive deeper into this aspect of the Valentine’s Day economy, an interesting trend emerges. While there are countries worth mentioning, we’ll focus on two of the leading economies of the world: The US and the UK. In 2020, 37% of consumers bought flowers, while in 2019, 28% went for such a gift. Venice (Italy) and New York City (USA) come in second and third with $1,076 and $1,056. Candy and sweets, greeting cards, and flowers are the top three choices. Spending for 2019's Valentine's Day ; was expected to be $20.7 billion, according to the National Retail Federation. Although our second annual race was different than we originally imagined, we are extremely grateful for everyone who participated and sponsored the event! As these Valentine’s Day sales statistics show, the holiday has expanded. January 21, 2021 0 367. Cosmetics and fragrances alongside jewelry and watches are two other popular gifts. MuchNeeded is a digital publication. Got it! 7 countries in the world banned the celebration of Valentine’s Day; those are Malaysia, Indonesia, Iran, India, Pakistan, Saudi Arabia, and Russia because it’s a Christian holiday, according to Wedded Wonderland. 3 About 1 billion Valentine’s Day cards are exchanged each year. Gen X spends £38, the baby boomers generation around £30 and Gen Z spend amounts to £27, according to the same study. Hallmark was one of the first to mass produce a Valentine’s Day card, all the way back in 1913. £112 million on jewelry, £102 million on flowers, and clothing and footwear (80 million pounds) top the list of the top four most purchased Valentine’s Day gifts with food and drink (128 million pounds) in 2017, according to the same source. Our latest holiday spending statistics point to Christmas as the holiday when consumers purchase the most greeting cards. About 45% and 29% of consumers opted for those. In fact, when it comes to Valentine’s Day trends, in 2018 over 22% of consumers are opting to make Valentine’s Day purchase on their mobile device. Sydney (Australia) and Zurich (Switzerland) round up the top five most expensive destinations for celebrating V Day. In 2020, US shoppers spent about $5.8 billion on jewelry as Valentine’s gifts. If … Only Japanese men get chocolate on Valentine’s Day. Now that you know most of the essential information about Valentine’s Day spending in the US and the UK, here are some interesting facts about this Christian holiday. V Day is, in fact, an important date for economies worldwide, generating massive revenue in several essential sectors. The answer is yes. There’s no need to wonder who spends more money on Valentine’s Day, as men traditionally have spent more. People these days buy gifts for their family, friends, and even pets. Anticipated spending on Valentine’s Day activities dropped in all categories except for hair, makeup or beauty. Valentine’s Day candy sales statistics show all that sweet spending totaled $2.4 billion in 2020. This isn’t a trick question. Finder UK Sign in NZ Herald’s Valentine’s stats show that Kiwis spent over NZ$1.3 million on flowers and NZ$1.2 million on jewelry. In 2018, the total not seasonally adjusted sales in January and February were $1.87 billion and $2.60 billion. Spending cash on February 14th wasn’t a thing in Germany, where the average amount spent was only €92.86. Kiwis spent about NZ$216 million on Valentine’s Week shopping. In the US, people mostly spend on a gift for a girlfriend ($126.31), a wife ($122.43), a husband ($56.09), and a boyfriend ($50.65) but also on other family members ($41.35), a friend ($28.62), and a pet dog ($17.37), according to the same source. However, we have seen an increase in buying Valentine’s Day gifts for other members of the family, such as our parents or our children but also our pets. That year, total spending was $27.4 billion. Alongside Christmas, Easter, and Halloween, it’s also one of the dates when the most greeting cards and candy are sold. In 2018 and 2017, the holiday’s respective spending was $19.6 billion and $18.2 billion. Yet, the top three companies in the sector are Hallmark, Blue Mountain, and American Greetings. In the United States, Valentine’s Day is a $27.4 billion industry that keeps growing. Or are they? The day when millions of people worldwide celebrate love and passion is also the most profitable day for numerous companies. In 2021, approximately a third of women in the United states were planning to buy their partners sweets for the most romantic day of the year: Valentine's Day. Valentine’s Day data released by the NRF suggests that about 19% of shoppers go to specialty stores and 17% to florists. In the UK, men tend to spend around £44 on average, compared to £26 for women, according to Finder’s statistics. In 2021, Americans will spend $21.9 billion on Valentine’s Day activities, 29% less than last year. In the US, men spend an average of $339 for their Valentine’s gifts, while the women will cash out significantly less, an average of $64 for the same gifts, according to Bankrate. US consumers spent $5.8 billion on jewelry on February 14th. Younger millennials spend the most, with 15% of them spending an average of $500 or more on their partners for Valentine’s day, according to the same study. Gen X spends around $268, while the baby boomers generation spends only about $150 for their Valentine, according to the same study. Valentine’s Day spending statistics show that consumers also buy event tickets, sex toys, beauty products, and even pets. This price is up by 2.52% from $94.83 in 2018, indicating the average price of red roses on Valentine’s Day keeps growing YoY. On such items, Canadians spent approximately CA$5.1 billion and CA$4.1 billion. Corporations hold trillions of US dollars hidden in tax havens. Most of them celebrate it in their own unique way, but the most common practice is to buy each other gifts during this time. It’s the day when lovers exchange kisses and receive chocolates and other sweets. Our goal is to save both your time and money by offering in-depth buying guides, product reviews, and comparisons. According to the WorldAtlas Valentine’s Day facts, couples in those cities spend about $1,042 and $1,038 on the date. The first time people associated Valentine’s Day with love was after Chaucer’s “Parlement of Foules,” or “Parliament of Fowls,” a 14th-century poem that says how this exact day is a special day for lovers. The average amount spent on Valentine’s Day in 2021 was $164.76 per person. In 2010, 61% of Valentine’s Day budget went to partners and spouses. Candy Store’s Valentine’s Day chocolate sales statistics show that Conversation Hearts are another top choice. But that doesn’t mean everyone is spending big — 37% say they will spend $50 or less , and 28% say they’ll spend between $51 and $100. Women in the UK are also more likely to buy gifts for their children (8%) compared to men (2%), according to Yahoo. Valentine's Day Predictions 2021 $21.8 billion - yes, you heard it right! These ultra-short-term, high-interest loans are the only source of immediate funds for many cash-strapped Americans. In 2019, the jewelry sales for the same months totaled $1.77 billion and $2.46 billion. Language Younger millennials spend the most, with 15% of them spending an average of $500 or more on their partners for Valentine’s day, according to the same study. It’s amusing that women spent more on activities or $16.12 billion compared to the $14.61 billion spent by men. Every year, about 151 million greeting cards are bought and sent. In the United States, men spend twice as much money on Valentine’s Day gifts as women do, according to Good Housekeeping. By continuing to browse this site you’re agreeing to our Privacy Policy. They are the most popular option in Hawaii, Illinois, Kentucky, and a few other states. These are followed by a romantic dinner, wine, gift cards, and jewelry. United Kingdom holidays 2022. Canadians spent about CA$7.2 billion on wines. Gifts cost male shoppers $11.44 billion, while female consumers spent $7.80 billion on presents. While 59% of both Americans aged 25-34 and 34-44 planned to celebrate V Day in 2021, the latter spent more money for the occasion. United Kingdom holidays 2021. Also, over 50% of smartphone owners in the US used them to purchase their gifts, according to the Balance. Chocolate prices drop between 75% and 90% after any holiday that generates lots of sales, V Day included. When looking for a Valentine’s Day sale or a gift, 36% of Americans visit department stores. Every year, most of the 8 million Sweethearts produced annually get sold in the month leading to February 14th. If saving money on jewelry, flowers and more gets your heart beating faster, look no further than our list of the best sales happening as Valentine's Day approaches. In 2021, $11.7 billion of the total spending went to significant others and spouses. Between 2017 and 2020, the amount spent per person for the holiday increased by an impressive 43.74%. Spending on Valentine’s Day in the US amounted to roughly $20.7 billion in 2019. Although you might guess that men spend more than women, here are the exact stats of who spends the most on this day in these two countries. Most buyers opt for flowers, cards, dinners, or going to the movies, but some like to splash out on traveling, wellness treatments, or expensive jewelry or watches. Red roses rule the category as 69% of all roses bought were in this color. Whatever their choice of a gift might be, let’s see who spends the most, what they’re buying, where they are getting the gifts, and what are their favorite means of purchasing. Valentine’s Day spending 2021 Most of those celebrating this year (97%) say they’ll spend at least some money on Valentine’s Day gifts or activities. Other popular options include mixed flowers and plants. The official Valentine’s Day sales statistics show that Canadians spent CA$2.1 billion on women’s lingerie and CA$934.7 million on men’s underwear. 32 million Brits spent £1.45 billion on Valentine’s Day gifts in 2020. Women spend an average of $101 on Valentine’s Day. Americans plan on spending $2.5 billion on hair, makeup or beauty activities for Valentine’s Day, 29% more than last year. Americans’ preferred way of shopping for the occasion were credit cards (49%), while the use of cash amounted to 44% in 2016, according to Payment Source. This means that the average Valentine’s Day spending in the UK was about £35.06 per person. Valentine Flower Facts: The Hershey Company and The Ferrara Candy Co. profit from candy sales, while Hallmark leads in greeting card sales. This holiday originated from the pagan ancient Roman festivities called “Lupercalia”. 2021 L.A. Valentine’s Day ideas to consider amid COVID-19; 1 min ago Why Shenae Grimes Beech “Hates” the Name She Picked For Unborn Son; 2 mins ago Apex Legends War Games 2021 Release Set for April 13, Here’s More Info; 2 mins ago Yoast SEO … Americans also spend around 7% of their Valentine’s budget on co-workers, while 6% goes for their pets. Save my name, email, and website in this browser for the next time I comment. Valentine’s Day is the day of love falling on 14 February 2021. Facebook; Twitter; LinkedIn; WhatsApp; Telegram; Valentine’s Day is drawing near, as the month of January is finally coming to an end!!!!! For those wondering how much does the average man spend on Valentine’s Day in the UK; the answer is about £44. And for the 55% of Americans that were planning to celebrate it, the average Valentine's Day spend per person was $196.31. According to the National Retail Federation, the projected total Valentine's Day spending for 2019 ; was $20.7 billion. The Bouqs Company and 1-800 Flowers profit the most from flower sales, as Valentine’s Day flower sales statistics reveal. Liquor stores are among the businesses that benefit the most from Valentine’s Day sales. Vermont Teddy Bear, Victoria’s Secret, and Tiffany & Co are some other brands whose sales go through the roof around 14th February. In 2019, Americans spent $20.7 billion on the date or 32.36% less than 2020. Here are some of the statistics about these gifts. Then is chocolate cheaper after Valentine’s Day? 5 The origin of Valentine’s Day is traced back to the ancient Roman celebration of Lupercalia which was held on February 15. Canadians and New Zealanders also spend millions on gifts and dining out for the holiday. Valentine's Day is a romantic observance celebrated in the UK and many other countries every February 14. Even though department stores still lead Valentine’s Day shopping game, means of purchasing have changed. Only 73% are men. According to some reports, about 144 million people send Hallmark cards every Valentine’s Day. MuchNeeded.com is a place where you get the Much Needed advice for your purchase decisions with reviews you can trust. In Spain, those who celebrated the date spent an average of €123.14. Our mission is to make purchase decisions easier for you with reviews you can trust. The average amount spent per person, therefore, dropped by 16.07% to $164.76. Love and deals are in the air. February 14, 2021. Valentine’s Day sales statistics show that a dozen red roses cost an average of $97.22 in 2019. Valentine's Day ... Valentine's Day is celebrated on February 14th and is an annual commemoration celebrating love and affection by presenting flowers, offering confectionery, and sending greeting cards. There’s no one single item that sells the most as people often purchase multiple gifts for their Valentines. (Statistica). Valentine’s Day is the most romantic day of the year for every couple. Required fields are marked *. Next on the list came France with an average Valentine’s Day spending per person at €118.98. The rest of the spending went to other family members ($3.6b), friends ($1.6b), children’s classmates and teachers ($1.4b), pets ($1.3b), and co-workers ($1.1b). Women, in contrast, spend about £26. More than half of the spending or $11.7 billion went to gifts for spouses and partners. In 2020, shoppers spent about $5.8 billion on jewelry, which was the gift of choice for 21% of consumers. In 2020, 27% of US shoppers said they would buy a V Day present for their pet.
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