Valentine's Day gifts consumers plan to purchase U.S. | Statista (2024)

For Valentine's Day 2024, roughly half of surveyed U.S. shoppers said they would buy chocolate or candy as a gift for another, making it the most shopped for Valentine's Day gift. About a third of respondents said they intended to purchase flowers.

How lucrative is Valentine’s Day?

Americans spent about 26 billion U.S. dollars on Valentine’s Day in 2024. While this is far less than consumers in the United States usually spend on Christmas, Valentine’s Day remained a lucrative holiday. The holiday was an especially valuable day for florists, bars and restaurants, jewelers, and chocolatiers. Still, some people chose to celebrate with a bottle of wine, or a special meal prepared at home, making it a good day for the entire U.S. economy.

Has inflation curbed Valentine’s Day spending?

Valentine’s Day spending peaked in 2020, but otherwise remained fairly consistent over time, even increasing during from 2021 to 2023, a period that was heavily impacted by inflation. Still, some consumers in the United States opted for lower cost gifts from 2022 to 2023 or sought other ways to keep their spending down in 2024. This could account for the planned expenditures on smaller gifts, such as chocolate, candy, and flowers in 2024. Interestingly, candy was one of the gift selections most impacted by inflation from 2022 to 2023.

Valentine's Day gifts consumers plan to purchase U.S. | Statista (2024)

FAQs

Valentine's Day gifts consumers plan to purchase U.S. | Statista? ›

For Valentine's Day 2024, roughly half of surveyed U.S. shoppers said they would buy chocolate or candy as a gift for another, making it the most shopped for Valentine's Day gift. About a third of respondents said they intended to purchase flowers.

What are most consumers buying for Valentine's Day? ›

The top gifts include candy (57%), greeting cards (40%), flowers (39%), an evening out (32%), jewelry (22%), clothing (21%) and gift cards (19%).

What do you give customers for Valentine's Day? ›

Themed Bouquets

This year, go beyond the traditional Valentine's Day designs and create special themed bouquets. Think heart-shaped arrangements, bouquets adorned with romantic notes, or flowers arranged to tell a love story.

How much do they predict consumers will spend this year on Valentine's Day? ›

Total spending is expected to reach $25.8 billion, just down from last year's $25.9 billion but representing the third-highest figure on record. Some 53% of Americans plan to celebrate this year (compared to 52% last year), with celebrants' forecast spend coming out at an average of almost $186.

How much are Americans expected to spend on Valentine's Day? ›

On average customers are expected to spend $185, $8 more than the average spend over the last five years. Let's dive into some Valentine's Day spending statistics!

What are the top 7 best selling products or services for Valentine's Day? ›

What to Sell on Valentine's Day?
  • Chocolates/Sweets. Nearly 30% of US adults wished to receive chocolate and sweets on this occasion. ...
  • Flowers. How can we celebrate Valentine's Day without a luxurious bouquet of roses? ...
  • Gift Cards/Vouchers. ...
  • Clothing. ...
  • Perfumes. ...
  • Valentine's Day Cards. ...
  • Jewelry. ...
  • Lingerie.
Jan 16, 2024

What factors influence consumer spending for Valentine's Day? ›

Observations also show a correlation between price and perceived quality, with some customers willing to splurge to please their significant other. Marketing communications foster a sense of togetherness for some, portraying images of couples participating in shared activities and experiences.

Where do consumers buy Valentine's Day gifts? ›

In 2024, consumers in the United States intended to visit a variety of store types in order to buy a gift for Valentine's Day. That year, over 30 percent of U.S. consumers planned to visit discount stores. At about 40 percent, however, the lion's share intended to do their Valentine's Day gift shopping online.

What are the three most common gifts during Valentine's Day? ›

If you're unsure about what to get your special someone for Valentine's Day, the survey says that the most traditional gifts are the most desired: 48% want a nice dinner at a restaurant. 34% want chocolates. 31% want flowers.

What product sells the most on Valentine's Day? ›

Candy: As the saying goes, “Candy for the win!” It comes as no surprise that candy tops the list, with 57% of people purchasing sweets for their loved ones on Valentine's Day. Chocolates, in particular, are a timeless classic and a symbol of romance.

What are three facts statistics on Valentine's Day gift giving? ›

Valentine's Day Demographics
  • 67.68% of men said they would purchase Valentine's gifts for their loved ones;
  • Men are likelier to spend more on gifts, with an average spending of $249;
  • Women, on the other hand, have an estimated spending of $57;
  • 60% of flowers purchased by women on Valentine's Day are going to themselves.
Jan 15, 2024

How much does the average consumer spend on Valentine's Day? ›

According to forecasts by the National Retail Federation (NRF), even as more Americans plan to celebrate the holiday, the average household spend on Valentine's Day is likely to fall 3.6% to $185.81, while total U.S. consumer spending for the holiday is expected to drop slightly to $25.8 billion.

What are consumers doing who are not celebrating Valentine's Day but still plan to mark the occasion? ›

Among those not celebrating Valentine's Day, 29% still plan to mark the occasion in some way. Many will treat themselves to something special, while others will plan a get-together or evening out with their single friends or family members, NRF and Prosper Analytics found.

How much do consumers plan to spend on average for Valentine's Day 2024? ›

The National Retail Federation (NRF) estimates that consumers will spend a record $25.8 billion, an average of $185.81 per person, on Valentine's Day in 2024.

What percentage of consumers prefer to buy their Valentine's Day gifts online? ›

Up to 52% of consumers celebrate Valentine's Day. Around 3 in 10 Americans will go into credit card debt from V-day spending. 35% of consumers will shop online for their gifts.

How does Valentine's Day benefit the economy? ›

The holiday is an economic engine for businesses of all types in communities across the country. The National Retail Federation (NRF) estimates that 53% of consumers plan to celebrate Valentine's Day, and $25.8 billion will be spent on the holiday this year, or about $185.81 per household.

What is the most popular arrangement sold on Valentine's Day? ›

The most popular flower to give on Valentine's Day is the red rose. Red roses have long been a symbol of romantic love. However, if red roses aren't to their taste, you could always gift other popular Valentine's Day flowers, such as lilies, tulips or carnations.

What are the top 3 flowers purchased for Valentine's Day? ›

That's why we've put together a list of some of the best flowers for Valentine's Day so you can show love to everyone in your life.
  • Roses.
  • Carnations.
  • Anemones.
  • Tulips.
  • Lilies.
  • Gerbera Daisies.
  • Sunflowers.
  • Succulents.
Nov 27, 2023

Top Articles
Latest Posts
Article information

Author: Dong Thiel

Last Updated:

Views: 6147

Rating: 4.9 / 5 (59 voted)

Reviews: 90% of readers found this page helpful

Author information

Name: Dong Thiel

Birthday: 2001-07-14

Address: 2865 Kasha Unions, West Corrinne, AK 05708-1071

Phone: +3512198379449

Job: Design Planner

Hobby: Graffiti, Foreign language learning, Gambling, Metalworking, Rowing, Sculling, Sewing

Introduction: My name is Dong Thiel, I am a brainy, happy, tasty, lively, splendid, talented, cooperative person who loves writing and wants to share my knowledge and understanding with you.