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Expected Reduction in Holiday Gift Spending, by Country in 2022

According to a Shipstation report, there will be $46 billion less spending on holiday gifts in 2022 than last year. Germany will be the least affected by the reduction in spending on holiday gifts. In Germany, consumer spending on holiday gifts will be reduced by 9%. But in  the UK it is expected that spending on gifts will decrease by 22%.

Sources: shipstation.com October 2022

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What product categories will shoppers save on during the holiday sales in 2022?

26% of shoppers during the 2022 holiday sales would like to cut spending on apparel, and 22% on electronics. Source: shipstation.com

Which countries will save the most on holiday gift shopping in 2022?

It is expected that residents of the UK (-22%) and the United States (-14.4%) will save the most on holiday gifts in 2022. Source: shipstation.com

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