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The Business of Christmas

The Business of Christmas

As well as being a religious tradition, a much-loved holiday and a time for family, friends and food, Christmas is a multibillion pound industry that dominates the globe.

ItΓÇÖs not all puppies and baubles at Christmas as the season represents a key opportunity for certain industries to capitalise on the good feeling.

HereΓÇÖs a few facts and figures highlighting the consumer angle on the Christmas angel.

Christmas Dinner

When it comes to the food and drink industry, Christmas is unsurprisingly a boon to business. As a nation, weΓÇÖve been known to:

  • Cook 10 million turkeys for dinner (┬ú400 million)
  • Eat 370 million mince pies (┬ú50.6 million)
  • Drink 35 million bottles of wine (┬ú165 million)

Christmas Decorations

ItΓÇÖs not just what you put under the tree that makes Christmas; what about the tree itself? HereΓÇÖs a rundown of the UKΓÇÖs decoration consumption:

  • Decorate 7.5 million Christmas trees (┬ú245 million)
  • Write 1.7 billion Christmas cards (┬ú1.2 billion)
  • Pull 25 million Christmas crackers (┬ú25 million)

Christmas Presents

How much are you willing to spend on your loved ones during the happiest holiday of the year? In the UK, weΓÇÖre generous enough to give:

  • 350 million hours of our time shopping online
  • ┬ú112.50 worth of presents per child
  • ┬ú2.4 billion of unwanted presents

Are you looking forward to splurging this Christmas or do you prefer a low-key spendthrift affair? Share your Christmas crackers in the comments!

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Author: | December 18, 2012 | 0 Comments

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