Holiday gift-giving is a tradition cherished around the world. But as much as we love giving and receiving, it sometimes feels as though the custom has lost its original meaning. Instead of a simple act of kindness and connection, gift-giving has increasingly become an end in itself.

In the U.S., the holiday shopping season starts surprisingly early — as early as September. By November, most Americans have already bought their gifts, while only one in five waits until December.

Once-packed shopping malls are now largely replaced by online shopping, with over 70% of shoppers choosing gifts via e-commerce sites and apps.

The average American buys gifts for eight people: 63% for parents, 53% for children, 51% for siblings, 24% for friends, 23% for colleagues, and 8% even for clients.

INFOGRAPHIC - Christmas Gifts or Christmas Stress

There is a bright side. About 76% of consumers prefer to buy Christmas gifts from companies committed to sustainability, social responsibility, and ethical practices. Among millennials, that number rises to 86%. Two-thirds of shoppers (66%) are even willing to pay more for sustainable products.

Yet holiday giving has a darker side. Unwanted gifts worth $8.3 billion are thrown away each year. Thankfully, more people are thinking responsibly — 21% plan to re-gift presents they don’t like. Perhaps this small shift in perspective holds the key to rediscovering the true spirit of giving.

Conclusion:

Consumers are increasingly choosing gifts with meaning and purpose — proving that thoughtful giving has become the new mark of taste and awareness.

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