Data from Morning Consults reveals that 35% of adults in the U.S. will spend between $100 and $300 this holiday season. Meanwhile, only 19% say they plan to spend over $500 on Christmas gifts, according to eMarketer. Gifting can be expensive and even ruin your holiday budget, but nothing expresses your love and appreciation for loved ones more than thoughtful gifts.
Luckily, you can make your gift-giving experience less-stressful by setting a price limit on presents per person. When you establish a set budget, you can focus on picking ideal gifts without overspending to avoid debt during the Holiday season. Budgeting also helps you to focus on gifting trends that allow you to save money on holiday shopping. Below are some gift trends you’ll see this season.
Giving meaningful gift items has become the “new normal,” especially as more people are aiming towards local businesses. We expect to see people exchange indigenous presents like organic clay bowls and mugs, candle sets, and earthen teacups. When it comes to gifting kids, consumers will prioritize items that enhance learning skills and creativity. For example, people looking to buy gifts for younger children will focus on trendy items like Lego, dolls, drawing art sets, and earth science kits, to mention a few. These presents are designed to develop motor skills and coordination, promote interaction, and improve creativity.
Personalization is a popular trend in gifting, but this year it will rule. Many people are looking to add extra thought to their gifts to ensure they give something that truly reflects their recipients’ unique personalities. Adding a personal touch based on the recipient’s interest and age will be top priorities when buying personalized gift items. Personalized gift ideas include custom-made jewelry, wallets, baby photo frame, art, and handmade scarfs in someone’s favorite color.
As health and wellness continue to raise awareness, people want to appreciate what they have. Most importantly, they want to take care of their mental, emotional, and physical health. This thought process will continue through 2021 because many individuals will still hold on to things that made them overcome stress during the lockdown. As a result, the demand for wellness and self-care gifts like scented candles, essential oil diffusers, bath salts, and wellness subscription boxes will increase dramatically this season.
The tradition of gift-giving has been around for centuries and will continue for many years to come. In the present moment, it is only reasonable to embrace the act of giving meaningful gifts that express love, affection, and gratitude.
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