The study by YouGov, commissioned by Sainsbury’s, found that despite recent straightened times, Brits have shifted their spending to ensure they can still celebrate the magic of Christmas. The average spend per child is set to be £104, while one in five parents plan on spending more than £200 on each child. This equates to a total spend of almost £1.4bn on kids’ presents across Britain.
However, it’s not just kids that will be celebrating on Christmas morning; we are all set to do well in the gifting department this year as the survey also revealed that:
43% of Brits will spend a minimum of £75 on their partner
Mums will do better than dads this year, with the average Brit spending £5 more on Mum’s Christmas present
Pets are set to be pampered with pet owners spending an average of £8.21 on each household pet.
Further evidence to prove we are getting into the true spirit of Christmas is the fact that 37% of adults polled admitted that they will be buying gifts for people even if they know they won’t receive one in return.
Aside from giving gifts the research revealed the other moments that will give Brits a truly memorable Christmas this year. For 62% spending quality time with friends and family is what gets them most excited. For a quarter of Brits, going for drinks with friends on Christmas Eve is one of their top three favourite moments, and for 30% of Brits’ playing family games came out on top. Furthermore, for 18%, putting the angel on the Christmas tree topped their favourite festive moments.
Sarah Warby, Marketing Director at Sainsbury’s said: “Christmas is a really special time for our customers. This research shows that although pressures on household budgets continue, customers are still able to enjoy moments of indulgence and treat their friends and family.
“We also know that Christmas isn’t just about one day, but a series of moments that are celebrated throughout the festive season. Whether that be giving and receiving gifts, spending time with friends and family or putting the angel on top of the tree, we want our customers to celebrate the rituals that make the build up to Christmas special for them.”