Discover the key statistics and trends 2.4 billion online visitors reveal about the global 2023 Holiday Season. And get 4 key takeaways for online retailers to prepare for 2024 holiday shopping.After three straight years of growth, ecommerce web traffic during the Holiday Season fell by 7% year...
While the current annual inflation rate is back to levels seen in early 2021, prices of common goods going into the holiday season are still much higher than they were pre-pandemic, according to the Bureau of Labor Statistics (BLS). Many are changing their holiday spending behavior, as a ...
Discover this year’s holiday retail trends and predictions in Adobe’s report. Uncover valuable insights and statistics on consumer spending this holiday season.
When it comes to holiday shopping, consumers put their best foot forward. In 2023 alone,over $135 billionwas spent on holiday-related purchases online. This matches the growing demand for ecommerce retailers and other opportunities to avoid the holiday crowds and shop from the comfort of their ...
How much do Americans spend on Christmas? Average expected spending on Christmas gifts has risen over the years, and prediction for 2024 are higher than ever.
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The consumption potential of the Chinese market has been released this year, with the government rolling out a slew of policies to boost domestic demand. Data from the National Bureau of Statistics shows that in the first eight months, the total retail sales of consumer goods in China increased...
Spending on luxury goods is also rising. According to statistics from local customs authorities of south China's Hainan Province, duty-free spending is nearly 2.49 billion yuan, or 8,358 yuan per capita during the holiday period. RECREATIONAL SPENDING BOOM Apart from goods consumption, leisure act...
South Korea Holiday Travel Statistics 2023 Despite the challenges posed by COVID-19, South Korea’s tourism industry has shown remarkable resilience. In a positive sign, the country welcomed approximately 11 million inbound visitors in 2023. This steady rise reflects South Korea’s enduring appeal ...
The consumption potential of the Chinese market has been released this year, with the government rolling out a slew of policies to boost domestic demand. Data from the National Bureau of Statistics shows that in the first eight months, the total retail sales of consumer goods in China increased...