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CHRISTMAS SHOPPING IN EUROPE STATISTA DOSSIERPLUS ON CHRISTMAS SHOPPING IN EUROPE

CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

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Page 1: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

CHRISTMAS SHOPPING IN

EUROPESTATISTA DOSSIERPLUS ON CHRISTMAS SHOPPING IN

EUROPE

Page 2: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

It’s that time of the year again – Christmas!

And consumers in Europe have already decided what they are buying, where they are buying from, and how much they are

allocating for their Christmas shopping.

Me and my Team would like to look back on our cooperation in 2019 and thank you very much for the trust you have placed in us.

That is why we would like to treat you with a little gift, our DossierPlus Special "Christmas Shopping in Europe".

This Statista DossierPlus provides facts and trends about the Christmas shopping patterns and expectations of consumers in

Europe. Wrapped in key macroeconomic indicators and retail trade figures, it offers in-depth coverage of the most essential insights

of the season.

Statista wishes a Merry Christmas

Page 3: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Table of contents

Statista2

01 European Christmas overview

◾ Christmas retail trade in Europe

◾ Champions of Christmas retail

The European (Christmas) consumer

◾ The European consumer in the

European economy

◾ Christmas spending

02

A tale of two channels

◾ Online retail in Europe

◾ Online Christmas spending

Christmas comes early: the Black

Friday effect in Europe

◾ Black Friday and Cyber Week

in Europe

◾ Black Friday retail sales

03

04

Page 4: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

4

Festive Facts

2.8 billion

revenues generated from

Christmas Lotto “El Gordo -

The Fatty One”

Spain

Sweden

10million litres

of Beer & Christmas beer

sold in Systembolaget

stores during Christmas

week in 2018

Denmark

2.9thousand

Christmas tree farms

as of 2019

The

Netherlands

311million €

online revenues during

Sinterklaas in 2018

Germany

145million

chocolate Santas

produced

in 2018

China

117thousand tons

of Christmas decorations

supplied into the EU

Italy

29thousand tons

of Panettone produced

United

Kingdom

6.8 billion

Christmas ad

spend value in 2019

Page 5: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

European Christmas overview

▪ Christmas retail trade in Europe

▪ Champions of Christmas retail

01

Page 6: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

It’s the most wonderful time of the year

And certainly the busiest, at least for shoppers and retailers. The

so-called Golden Quarter is already in full throttle, Christmas is

just around the corner, and shopping deadlines are looming

closer. From food to consumer goods, electronics to

entertainment, retailers in many categories brace themselves for

the surge of shoppers flocking to high streets and online

marketplaces. Consumers themselves get savvy with their

budgets, wishing for a fine balance between generous giving

and smart spending.

This Christmas, the expected increase in retail spending in

major European countries pales in comparison to the glory of

Christmases gone by. Forecasts by the Centre for Retail

Research (CRR) indicated that in 2019, Christmas retail

spending will perform a minuscule 1.2 percent growth, dropping

from the previous two years’ record of a 1.8 percent increase. In

view of the declining momentum in global economic growth that

afflicted major economies throughout 2019, the projections of

moderate progress in holiday spending this year do not come as

a surprise.

Yet Christmas will always be Christmas, meaning shopping lists

will always need to be sorted, consumers will always be out in

full force on the hunt for the season’s best deals for family and

friends, and businesses will roll out their festive strategies to get

the best of the spending rush. To put the festive spirit in a

consumer perspective, this Statista DossierPlus lays out the

Christmas landscape in Europe, tracing developments in retail

during the last quarter of the year and offering a snapshot of

consumer spending habits and trends.

Statista5

Page 7: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Christmas retail most extravagant in the UK and Germany Europe's biggest five economies have the highest Christmas spending numbers

79.72

68.57

60.15

37.88

24.05

11.789.04

0

10

20

30

40

50

60

70

80

90

UnitedKingdom

Germany France Italy Spain Netherlands Belgium

Sa

les in b

illio

n G

BP

Christmas spending in retail in Europe in 2018, by country (in billion GBP) Christmas brings the biggest joy into the

retail sector. The last two months of the

year definitely mark a heightened period of

spending activity in Europe's Christmas

retail landscape. Yet it is fair to say that not

every country takes Christmas season

shopping as seriously as the United

Kingdom. The country's Christmas retail

spending in 2018 exceeded those of Italy,

Spain and the Netherlands combined.

Germany's retail sector provides another

set of high numbers during this period. With

a retail spending just shy of 70 billion

British pounds, or a solid 80 billion euros,

Germany has the second biggest

Christmas retail business in Europe.

6 Statista

Note: EU; 2018

Source(s): VoucherCodes.co.uk; CRR; ID 1063481

Page 8: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Christmas spending development in Europe since 2017Christmas spend stalls in the UK, Spain expected to make the biggest leap this Christmas

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

3.0%

3.5%

Pe

rcen

tage

gro

wth

in s

pe

nd

ing

2017 2018 2019

Expected growth in Christmas spending in retail in selected European countries from 2017 to 2019 The picture is less cheerful when it comes

to what Christmas will bring in retail this

year. In the coming holiday season, the two

kings of Christmas retail spending, the

United Kingdom and Germany, are not

expected to perform any Christmas

miracles, with the former stalling at a

minuscule 0.8 percent growth. Instead, a

boost of about two percent is forecasted for

both Spain and the Netherlands.

7 Statista

Note: EU; 2017 to 2018

Source(s): VoucherCodes.co.uk; CRR; ID 1063395

Page 9: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Spotlight: United KingdomChristmas is serious business in the UK

Christmas evokes the most pleasant of sensations in us: the

smell of ginger and spice wafting through Christmas markets,

domestic pleasures of cozy evenings spent with loved ones, a

bustling time of eating, drinking and generally being merry. Yet

more than anything, Christmas is a commercial business,

propped up by a number of industries and services, all of which

help the commercial wheel turn until the next year.

Retailers in the UK are all too aware of this, as Christmas

becomes an arena for major retail brands to mark their name on

the season with their Christmas TV adverts. Every year, the

UK's biggest retail companies such as John Lewis, Sainsbury's,

Tesco and Marks & Spencer battle for winning the Christmas ad

race to make the most of the Christmas retail boost, attract a

wider range of consumers and generate more sales. Earlier in

November this year, The Guardian reported that the UK

Christmas ad industry reached a staggering value of of 6.8

billion British pounds as of the third quarter of 2019, including TV

and online ads.

8

Page 10: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

UK retail peaks in DecemberNot surprisingly, November and December see the most retail activity

Dec 1

4Ja

n 1

5F

eb 1

5M

ar

15

Apr

15

Ma

y 1

5Ju

n 1

5Ju

l 15

Aug

15

Sep

15

Oct 1

5N

ov 1

5D

ec 1

5Ja

n 1

6F

eb 1

6M

ar

16

Apr

16

Ma

y 1

6Ju

n 1

6Ju

l 16

Aug

16

Sep

16

Oct 1

6N

ov 1

6D

ec 1

6Ja

n 1

7F

eb 1

7M

ar

17

Apr

17

Ma

y 1

7Ju

n 1

7Ju

l 17

Aug

17

Sep

17

Oct 1

7N

ov 1

7D

ec 1

7Ja

n 1

8F

eb 1

8M

ar

18

Apr

18

Ma

y 1

8Ju

n 1

8Ju

l 18

Aug

18

Sep

18

Oct 1

8N

ov 1

8D

ec 1

8Ja

n 1

9F

eb 1

9M

ar

19

Apr

19

Ma

y 1

9Ju

n 1

9Ju

ly 1

9A

ug

19

Sep

19

Oct 1

9

Reta

il sa

les v

alu

e in

mill

ion

GB

P

9 Statista

Note: United Kingdom (Great Britain); December 2014 to October 2019

Source(s): Office for National Statistics (UK); ID 287878

Page 11: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

UK Christmas retail isn't what it used to beSales have yet to reach the level of 2016 growth rates

-5.0%

-4.0%

-3.0%

-2.0%

-1.0%

0.0%

1.0%

2.0%

3.0%

Mar16

Jun16

Sep16

Nov16

Dec16

Mar17

Jun17

Sep17

Nov17

Dec17

Mar18

Jun18

Sep18

Nov18

Dec18

Mar19

Jun19

Sep19

Nov19

Pe

rcen

tage

ch

an

ge

in r

eta

il sa

les

Year-on-year change in retail sales in the United Kingdom (UK) from January 2016 to November 2019 In December 2018, the value of monthly

retail sales made up 12.3 percent of total

retail sales in that year. Though in itself this

is an impressive enough figure, this

proportion was the lowest the UK had had

over the past three years. In fact, since

2016, Christmas retail in the UK has not

had much reason to be merry. As reported

jointly by the British Retail Consortium and

KPMG, the total value of retail sales

flattened out in the 2018 Christmas season

and saw no growth compared to the

previous year.

10 Statista

Note: United Kingdom; January 2016 to November 2019

Source(s): KPMG; British Retail Consortium; ID 535015

Page 12: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Not all retail is equal in the eyes of ChristmasFood and grocery retail is the clear winner of Christmas spending

1.5%1.4%

1.5%

2.3%

3.6%

1.5%

2%

2.5%

1.6%

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

3.0%

3.5%

4.0%

Total retail Food and grocery retail Non-food retail

Pe

rcen

tage

gro

wth

(ye

ar-

on

-ye

ar)

Q4 2016 Q4 2017 Q4 2018

Percentage growth in retail sales of food and non-food items during 4th quarter 2016 and 4th quarter 2018 While a greater emphasis

is put on exchanging gifts

or treating oneself to

Christmas sales

purchases, more than any

other retail category, food

and grocery sales get the

biggest boost during the

season. In the UK, grocery

retail saw the greatest

growth of the past three

years in the last quarter of

2018.

11 Statista

Note: United Kingdom; Q4 2016 to Q4 2018

Source(s): GlobalData; ID 789888

Page 13: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Spotlight: GermanyChristmas done right

The annual development in retail sales during the Christmas

trading period establishes Germany as Europe's second-biggest

Christmas retail spender. Despite a somewhat stagnant period

between 2000 and 2015, recent holiday seasons in Germany

started seeing revived sales in retail again. In 2018, Christmas

trade constituted 19 percent of all retail taking place during

November and December.

One clear advantage that Germany has over the United

Kingdom, and many other European countries, is the Christmas

markets that light up many German town centers during the

Advent period. In a 2014 report, the Centre for Retail Research

indicated that Germany was host to over 2.2 thousand

Christmas markets, 20 times more than those in Austria and

Switzerland combined. Additionally, Germany's Bundesverband

Deutscher Schausteller und Marktkaufleute estimated that the

contribution of traditional Christmas markets to Germany's

Christmas retail turnover was as high as three billion euros.

12

Page 14: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Christmas retail revenues to cross the 100 million euro markRetail revenue of the Christmas trading period in Germany from 2005 to 2018, with a forecast for 2019

82.2 83.580.3 80.5 78.7

81.1 82.7 82.9 84.3 85

90.694.7

98.3 99.4102.4

0

20

40

60

80

100

120

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Reve

nu

e in b

illio

n e

uro

s

13 Statista

Note: Germany; 2005 to 2018

Source(s): Statistisches Bundesamt; HDE; ID 1064307

Page 15: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Nussknacker cracks Christmas salesToys continue to be seasonal gifts

0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0%

Total retail

Toys

Household items not mentioned elsewhere

Ceramic and glass products

Books

Consumer electronics

Watches and jewelry

Music instruments and supplies

Electrical household appliances

Clothing

Antiques and antique carpets

Cosmetics and body care products

Bakery products and confectionery

Magazines and newspapers

2018 2016 2014

Share of Christmas trade in annual sales in selected retail sectors in Germany from 2014 to 2018

Sales share

A detailed category

breakdown of retail sales

during the Christmas

trading period shows that a

quarter of all toys in

Germany are sold during

the Christmas season. In

fact, for many other

categories such as

ceramic products and

glassware as well, the

impact of Christmas in

purchases was clearly

discernable.

14 Statista

Note: Germany; 2014 to 2018

Source(s): Statistisches Bundesamt; ID 1067444

Page 16: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

The European (Christmas) consumer

▪ The European consumer in the European

economy

▪ Christmas spending

02

Page 17: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

The European consumer in the European economyConsumers wary of overspending

From a retail perspective, the Christmas season does not hold

many surprises. Compared to other periods in the calendar year,

consumer spending typically increases in what is referred to as

the Golden Quarter of retail. What remains uncertain is whether

or not consumers will spend more than they did in the previous

year. As has been displayed in the first chapter of this report, the

robustness of growth in Christmas spending is predicted to vary

across countries for 2019. Yet, compared with the actual growth

rates of the two previous years, it seems that it will be a mild

Christmas as the European consumer stays cautious.

Following the slowed-down economic activity due to global trade

turmoils in 2018, the spring edition of the European Economic

Forecast Report published by the European Commission

predicts that 2019 will provide a flat transition into a relatively

stable period beyond. Citing a decline in consumer confidence

throughout 2018 and the resulting impulse to save, the

commission report forecasts a push in private consumption - but

not before 2020.

16

Page 18: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Europe's biggest economiesGross domestic product (GDP) of the leading 10 European countries in 2018

3,386

2,390.19

2,348.99

1,753.95

1,206.88

772.69

597.31

496.63

467.01

450.58

0 500 1000 1500 2000 2500 3000 3500 4000

Germany

United Kingdom

France

Italy

Spain

Netherlands

Switzerland

Poland

Sweden

Belgium

GDP in billion euros

17 Statista

Note: Europe; 2018

Source(s): Eurostat; ID 1078628

Page 19: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Consumer confidence is particularly low in the United KingdomConsumer Confidence Index in a selection of European countries 2017 to 2019

98.0

99.0

100.0

101.0

102.0

103.0

104.0

Jun '17 Sep '17 Dec '17 Mar '18 Jun '18 Sep '18 Dec '18 Mar '19 Jun '19 Sep '19

Con

su

me

r C

on

fide

nce

In

de

x

Belgium France Germany Austria Switzerland Netherlands

Luxembourg Spain Italy United Kingdom Denmark Sweden

18 Statista

Note: Europe; June 2017 to September 2019

Source(s): OECD; ID 686252

Page 20: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

2019 stable, 2020 to bring a brighter outlookGrowth in GDP and private consumption in the EU

-0.1%

1.2%

2.1%2.4%

2%1.6% 1.6% 1.7%

-1.0%

0.0%

1.0%

2.0%

3.0%

2013 2014 2015 2016 2017 2018 2019 2020

Rea

l a

nn

ua

l p

erc

en

tage

ch

an

ge

Average growth rate of private consumption in the European Union (EU) from 2013 to 2017, with a forecast to 2020

0.3%

1.8%

2.3%2%

2.5%

2%

1.4%1.6%

0.0%

1.0%

2.0%

3.0%

2013 2014 2015 2016 2017 2018 2019 2020

Rea

l a

nn

ua

l p

erc

en

tage

ch

an

ge

Average growth rate of gross domestic product (GDP) in the European Union (EU) from 2013 to 2017, with a forecast to 2020

2019

forecasts

were not

overwhelming

in terms of

GDP growth

and private

consumption

in the EU. On

both fronts,

the outlook for

2020 was

more

optimistic.

19 Statista

(1) Note: EU; 2013 to 2017

Source(s): European Commission; ID 1067611

(2) Note: EU; 2013 to 2017

Source(s): European Commission; ID 1070317

Page 21: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Household Christmas budget Who is spending how much on what?

During the 2018 Christmas season, the personal finance plans

of European consumers were somewhat reflective of the larger

European consumption and retail sales trends. Compared to

2018, Christmas shoppers in Europe are not planning to go

overboard in 2019. According to the 2019 edition of Deloitte's

Annual Christmas Survey, the average Christmas budget of

European consumers is estimated to go from the previous year's

446 euros to 461 euros in 2019. Consumers in the United

Kingdom, Spain, Italy and Germany were the biggest spenders

of the previous year, allocating much higher Christmas budgets

than the European average. The picture remains similar this

Christmas as well.

On average, the European consumer expected to spend more

money on buying presents than food items this Christmas. Other

surveys conducted with consumers from Northern Europe also

confirmed that, true homebodies that they are, European

consumers planned to allocate only a meagre share for travel or

going out.

20

Page 22: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

More on giving than feastingChristmas budget composition in Europe from 2018 to 2019, by category

189 193

127 131

49 51

8186

0

50

100

150

200

250

2018 2019

Ave

rage

co

nsu

me

r sp

en

d in e

uro

s

Gifts Food and Drink Socializing Travel

21 Statista

Note: Europe; September 16, 2019 to October 11, 2019; 18-65 years; 7,190 Respondents

Source(s): Deloitte; ID 1064151

Page 23: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Europe's Christmas budgetAverage budget for Christmas celebrations in Europe 2019, by country

639

554

549

488

460

387

367

352

341

0 100 200 300 400 500 600 700

UK

Spain

Italy

Germany

European average

Portugal

Russia

Poland

Netherlands

Average estimated spend on Christmas celebrations in selected countries in Europe in 2019 (in euros)

Average expenditure in euros

Budget estimations of

consumers in four of the

biggest economies in

Europe - Germany, the

UK, Spain and Italy -

deemed these countries

the most generous this

Christmas season. In

comparison, Dutch

consumers expected to

spend below the European

average of 460 euros for

their holiday expenses.

22 Statista

Note: Europe; September 16, 2019 to October 11, 2019; 18-65 years; 7,190 Respondents

Source(s): Deloitte; ID 475509

Page 24: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Europe's biggest Christmas spenderBritish consumers push the boat out for festive spending

294 299

146 143

68 6351

62

0

50

100

150

200

250

300

350

2018 2019*

Ave

rage

exp

en

ditu

re in

GB

P

Gifts Food and Drink Socializing Travel

Consumer spending during the Christmas period in the United Kingdom (UK) in 2018 and 2019, by category (in GBP) In 2018, Christmas

spending per person in the

UK was estimated to be

567 British pounds (or 639

euros), the largest

Christmas budget in

Western Europe, upping

the previous year by 1.3

percent.

23 Statista

Note: United Kingdom; September 16, 2019 to October 11, 2019; 18 - 65 years; 803 Respondents; UK adults

Source(s): Deloitte; ID 786555

Page 25: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Italy and SpainThe Mediterranean Christmas budget

221

140116

72

0

50

100

150

200

250

Gifts Food Socializing Traveling

Exp

en

ditu

re in e

uro

s

Estimated Christmas shopping expenditure in Italy in 2019, by category (in euros)

238

173

7964

0

50

100

150

200

250

Gifts Food Socializing Travel

Exp

en

ditu

re in e

uro

s

Estimated Christmas holiday expenditure in Spain in 2019, by category (in euros)

After the UK,

Spain and

Italy are

estimated to

have the two

next biggest

Christmas

budgets this

year.

24 Statista

(1) Note: Italy; September 16 to October 11, 2019; 14-65 years; 976 Respondents

Source(s): Deloitte; ID 646476

(2) Note: Spain; September 16 to October 11, 2019; 18-65 years; 1,107 Respondents

Source(s): Deloitte; ID 1067500

Page 26: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Germany and the NetherlandsAverage Christmas budget estimations

217

116103

51

0

50

100

150

200

250

Gifts Food Travel Going out

Exp

en

ditu

re in e

uro

s

Estimated Christmas spending in Germany in 2019, by category (in euros)

122109

78

32

0

20

40

60

80

100

120

140

Gifts Food Travel Socializing

Exp

en

ditu

re in e

uro

s

Estimated holiday season expenditure in the Netherlands in 2019, by category (in euros)

Germany's

Christmas

trading period

displays high

flying

numbers, but

personal

budget

estimations of

consumers

placed

Germany

behind Italy,

Spain and the

UK.

25 Statista

(1) Note: Germany; October 2019; 978 Respondents

Source(s): Deloitte; ID 1069430

(2) Note: Netherlands; September 16, 2019 to October 11, 2019; 18-65 years; 937

Respondents

Source(s): Deloitte; ID 784797

Page 27: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Nordics Christmas budget: DenmarkTop-5 Christmas expenses in 2018

26%

14% 14%

12%

6%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

Shopping Travel abroad Sports and recreation Children's winteractivities

Sports events

Sh

are

of e

xp

en

se

s

Christmas expenses in Denmark in 2018, by type Scandinavian consumers'

spending habits during the

Christmas season varied

from country to country.

According the 2018 results

of the Christmas Barometer

conducted by the Helsinki-

based digital financial

services provider Ferratum

Group, Danish consumers

expected one quarter of

their expenses to be on

shopping activities.

26 Statista

Note: Denmark; December 2018 ; Over 23,000 households from 19 countries

Source(s): Ferratum; ID 1072678

Page 28: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Nordics Christmas budget: Sweden and NorwayClothes, games, gadgets: top Christmas expenses

13%

12%

11%

9% 9%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

Sh

are

of e

xp

en

se

s

Christmas expenses in Sweden in 2019, by type

17%

14%

11%

7%6%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

16.0%

18.0%

Sh

are

of e

xp

en

se

s

Christmas expenses in Norway in 2019, by type The 2019

results of the

same survey

revealed

slightly

differing

results for

Sweden and

Norway.

27 Statista

(1) Note: Sweden; November 2019; Over 31,000 households from 14 countries; Top 5

Source(s): Ferratum; ID 1072697

(2) Note: Norway; November 2019; Over 31,000 households from 14 countries; Top 5

Source(s): Ferratum; ID 1072691

Page 29: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

A tale of two channels

▪ Online retail in Europe

▪ Online Christmas spending

03

Page 30: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Christmas is more online than everE-commerce in Christmas shopping

Online has secured its place in consumers' purchasing habits,

including those on the hunt for the best Christmas deals. Last

Christmas, European shoppers did not abandon the joys of

strolling through physical stores altogether, and left more money

in physical stores. Yet, the average amount consumers expected

to spend via online channels increased - contrary to their

planned offline Christmas budget, which did not display a

significant rise from 2017.

Within online shopping, mobile is gaining more traction with

consumers, the convenience and ease of use offered by mobile

apps being a significant incentive for this. That being said,

consumers mix and match, and most of Christmas shopping is

done offline, out in the supermarkets, high streets and shopping

centres. Consumer expectations from online shopping get more

diluted and refined during the holiday season as well, as

Christmas shopping is necessarily more personalized and time

sensitive.

29

Page 31: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Christmas budget online and offlineAverage budget in Europe from 2018 to 2019, by channel

128134

268275

0

50

100

150

200

250

300

2018 2019

Ave

rage

co

nsu

me

r sp

en

d in G

BP

Online Offline

30 Statista

Note: Europe; September 16, 2019 and October 11, 2019; 18-65 years; 7,190 Respondents

Source(s): Deloitte; ID 1067428

Page 32: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

The Big Six of online retail UK plants the flag in online retail in Europe

0

10

20

30

40

50

60

70

80

UK Germany France Spain Italy Netherlands

Va

lue

in b

illio

n B

ritish

po

un

ds.

2016 2017 2018 2019

Online retail sales value in selected European countries from 2016 to 2019 (in billion GBP) Christmas is becoming more online,

because retail is too. In Europe, the

proportion of online sales in all retail has

already gone up from 4.8 percent to

roughly 9 percent between 2012 and 2018.

In some mature e-commerce markets like

the UK, Germany and France, this share is

forecast to go over the 10 percent mark in

2019.

2019 forecasts for the sales value of online

retail indicate impressive numbers across

Europe. The Centre for Retail Research

estimates a value of between roughly 9

billion British pounds in the Netherlands

and 76 billion British pounds in the United

Kingdom.

31 Statista

Note: Europe; excluding travel, restaurants, tickets, transport.

Source(s): CRR; VoucherCodes.co.uk; ID 921453

Page 33: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Small steps and big steps: European online retail share outlook Year-on-year increase in online retail sales in selected European countries in 2019

19%

15.9%

10.9%

9.9%

5.4%

3.9%

10.8%

UK Germany France Netherlands Spain Italy European average

Incre

ase

in o

nlin

e s

ale

s

32 Statista

Note: Europe; 2018

Source(s): CRR; ID 795571

Page 34: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Holiday shopping expectations are online in EuropeItalian and Spanish consumers most keen to buy from online marketplaces

78%

62% 61%

56%54%

51%49%

41%

Italy Spain France Belgium Nordics UK/Ireland Germany Netherlands

Sh

are

of re

sp

on

de

nts

Share of consumers planning to buy more from online marketplaces during holiday season in Europe in 2019, by country Consumer data from

research conducted by

Salesforce Marketing

suggested that Italy and

Spain showed the most

interest in online

marketplaces this holiday

season.

33 Statista

Note: Europe; June 2019; 4,007 Respondents

Source(s): Salesforce Research; ID 1066662

Page 35: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

... and mobile Less popular than online shopping, but mobile shopping apps are getting there

69%67%

57%53% 53%

49%46% 46%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

80.0%

Italy Spain Belgium France Nordics Netherlands UK/Ireland Germany

Sh

are

of re

sp

on

de

nts

Share of consumers planning to shop through mobile apps during holiday season in Europe in 2019, by country Online shopping takes

many shapes, and mobile,

whether in a browser or an

app, is gaining more

traction with consumers.

For Christmas shoppers as

well, mobile apps were an

attractive option across

Europe.

34 Statista

Note: Europe; June 2019; 4,007 Respondents

Source(s): Salesforce Research; ID 1066732

Page 36: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

High streets: UK's beloved for Christmas shoppingPreferred Christmas shopping locations in the UK 2018

28%

21%

20%

15%

8%

6%

2%

2%

0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0%

On the high street

In a shopping center

On a retailer's website on a PC

On a marketplace (such as Amazon or eBay)

At a retail park

On a retailer's website on a mobile phone

Through a retailer's mobile app

At a discount village

Where will you be doing most of your shopping this Christmas?

Share of respondents

UK shoppers do not love online less, but

high street shopping more. At least when it

comes to Christmas shopping. While a mix

of channels such as mobile apps and

retailer websites were not off the table for

UK Christmas shoppers, high streets and

shopping centers trumped all other options.

In a 2018 consumer survey commissioned

by one of the UK's leading retail industry

publications Retail Week, pure-play

marketplaces such as Amazon and eBay

were revealed to be popular destinations

for only 15 percent of Christmas shoppers.

35 Statista

Note: United Kingdom; 2018; 2000 Respondents; UK consumers

Source(s): Retail Week; Valitor; ID 946863

Page 37: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Online brings a breath of fresh air to UK Christmas retailStore sales stall, online charges on in the UK

22.825.11

55.89 54.61

0

10

20

30

40

50

60

2017 2018

Sa

les v

alu

e in

bill

ion

GB

P

Online Store-based

Online and store-based retail sales during Christmas season in the United Kingdom (UK) from 2017 to 2018 (in billion GBP)High street shopping and

spending in physical stores

make up the backbone of

Christmas retail. Yet, the

pace with which online is

keeping up hints at many

more digital Christmases

to come. Between the two

Christmases in 2017 and

2018, store-based sales in

the UK regressed by 2.3

percent, whereas online

sales made a solid 10

percent progress.

36 Statista

Note: United Kingdom; 2017 to 2018

Source(s): CRR; ID 1063630

Page 38: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

What are UK holiday shoppers buying online and offline?Books and gadgets are the two fixtures on online holiday shopping lists

0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0%

Beauty & fragrances

Car

Clothing

Consumer electronics

Furniture

Gift cards

Grocery / Beverages

Home furnishings

Kitchen appliances

Movies / Books /Music

Travel

Toys

Other

Offline Online

Product categories on which holiday shoppers plan spending in the United Kingdom (UK) 2019, by channel

Share of respondents

This Christmas season,

online shopping plans of

UK consumers favored

items such as books and

electronics over other retail

consumption. A consumer

survey from Periscope by

McKinsey confirmed a

common resistance

associated with otherwise

rampant online shopping:

UK shoppers still planned

to do their household

shopping for food and

groceries mostly offline in

the 2019 holiday season.

37 Statista

Note: United Kingdom; August 2019; 501 Respondents

Source(s): Periscope; ID 1074935

Page 39: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

German shoppers stick to the shops...but with less loyalty over the years

75%71%

68%

53%

11%9%

12%

21%

14%

20% 20%

26%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

80.0%

2015 2016 2017 2018

Sh

are

of re

sp

on

de

nts

Preferably at local retailers Preferably online No preference

Do you prefer buying Christmas presents online or at local retailers? Annual Christmas surveys

published by Ernst &

Young reveal that German

shoppers' loyalty towards

physical stores is

diminishing. Shoppers no

longer depend entirely on

town centres, department

stores and supermarkets

for their Christmas

shopping as online

channels provide better

prices, increased variety,

and availability - important

factors that drive the

Christmas gift shopping

process.

38 Statista

Note: Germany; October 2015 to 2018; 18 years and older; 1,000 Respondents

Source(s): EY; ID 1069252

Page 40: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Online is the way to go for consumer electronics purchasesLeading product categories that German shoppers prefer to buy online as of 2019

62%

59%

52%

52%

51%

49%

43%

39%

36%

33%

27%

25%

21%

8%

0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0%

Consumer electronics (CDs, DVDs, BluRays, etc.)

Books and e-books

Computer and computer accessories

Travel

Gift cards

Smartphones, tablets and related accesories

Games, toys, dolls, etc.

Household items

Clothing, textile, footwear

Cosmetics, perfumes, personal care products

Jewelry and watches

Decoration articles

Furniture

Food and beverages

Which Christmas gifts do you prefer buying online rather than at retailer stores?

Share of respondents

According to Statista's

2019 Holiday Season &

New Year survey, German

consumers have a clear

notion of what to purchase

from the web rather than

the shop. Similar to UK

shoppers, German

consumers are also most

open to buying electronics

online rather than offline.

39 Statista

Note: Germany; October 16-21, 2019; 18 years and older; 722 Respondents; Bought at least one gift online rather than in store

Source(s): Statista Survey; ID 1076721

Page 41: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Just browsingOnline has a broader function in the shopping journey

Christmas shopping is an equation with multiple variables.

Online or offline, Christmas shoppers want to get their Christmas

shopping done. Yet, questions abound: what to buy, where to

buy, and how much to spare. Help comes from a multitude of

sources: TV, out-of-home, physical stores, print and digital

media - all race to get the attention of the Christmas shopper.

The unique advantages online channels offer - such as access

to a wide network of customer reviews, price comparisons and a

greater variety of choice - give digital sources a further edge in

the consumers' Christmas shopping quest. But the end result

doesn't have to be a purchase. Shoppers browse and buy online

or browse online and finalize the shopping experience in store.

Either way, online channels inform and shape the decisions

shoppers make to an increasing degree.

40

Page 42: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

UK shoppers inspired equally by online and in-storeOnline plays a greater role in researching for Christmas gifts in the UK

70% 70%

22%

27%

13%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

80.0%

Online In store Print TV Outdoor

Sh

are

of re

sp

on

de

nts

Festive season gift inspiration and discovery channels in the United Kingdom (UK) in 2018 Insights from Facebook's 2019 Holiday

Study suggest that last Christmas shoppers

in the United Kingdom consulted online

sources and physical stores for ideas and

inspirations equally on their holiday

shopping quest. True multichannel

browsers, UK shoppers were more likely to

utilize online when choosing and

purchasing gifts compared to all those

surveyed across the EMEA region.

41 Statista

Note: United Kingdom; 2018; 18 years and older; 1,501 Respondents

Source(s): Facebook; Ipsos; ID 1076500

Page 43: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Germany and the NetherlandsInspiration and discovery channels for Christmas purchases

53%

61%

24%

17%

11%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

Online In store Print TV Outdoor

Sh

are

of re

sp

on

de

nts

Holiday gift inspiration and discovery channels in Germany in 2018

52%

66%

28%

21%

11%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

Online In store Print TV Outdoor

Sh

are

of re

sp

on

de

nts

Holiday gift inspiration and discovery channels in Netherlands in 2018 Physical

stores were

still relevant

for German

consumers

not only when

they were

making their

Christmas

purchases,

but also when

they were

looking for gift

ideas and

inspirations.

The same

went for Dutch

shoppers.

42 Statista

(1) Note: Germany; 2018; 18 years and older; 1,502 Respondents

Source(s): Facebook; Ipsos; ID 1076522

(2) Note: Netherlands; 2018 ; 18 years and older; 1,500 Respondents

Source(s): Ipsos; Facebook; ID 1076562

Page 44: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Italy and SpainInspiration and discovery channels for Christmas purchases

65%69%

15%19%

13%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

80.0%

Online In store Print TV Outdoor

Sh

are

of re

sp

on

de

nts

Holiday gift inspiration and discovery channels in Italy in 2018

66%

71%

15%

30%

14%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

80.0%

Online In store Print TV Outdoor

Sh

are

of re

sp

on

de

nts

Holiday gift inspiration and discovery channels in Spain in 2018 For shoppers

in Italy and

Spain, digital

sources

carried more

weight than

they did for

Dutch and

German

consumers.

43 Statista

(1) Note: Italy; 2018; 18 years and older; 1,501 Respondents

Source(s): Facebook; Ipsos; ID 1067822

(2) Note: Spain; 2018; 18 years and older; 1,503 Respondents

Source(s): Facebook; Ipsos; ID 1076659

Page 45: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Denmark and SwedenInspiration and discovery channels for Christmas purchases

56%58%

22%

16%

8%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

Online In store Print TV Outdoor

Sh

are

of re

sp

on

de

nts

Holiday gift inspiration and discovery channels in Denmark in 2018

57%

52%

25%

16%

11%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

Online In store Print TV Outdoor

Sh

are

of re

sp

on

de

nts

Holiday gift inspiration and discovery channels in Sweden in 2018 Among those

surveyed in

Facebook's

Holiday Study,

Sweden was

the only other

country (after

the UK),

where

shoppers

utilized online

channels

more than any

other

conventional

sources.

44 Statista

(1) Note: Denmark; 2018; 18 years and older; 1,500 Respondents

Source(s): Ipsos; Facebook; ID 1068018

(2) Note: Sweden; 2018; 18 years and older; 1,500 Respondents

Source(s): Facebook; Ipsos; ID 1076922

Page 46: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

What does the European Christmas shopper want online? From free delivery to flexible returns: the wish list of online Christmas shoppers

Getting into the mind of the Christmas shopper is a daunting

task. Consumer expectations and plans depend on so many

things: budget, demographics, time available to the shopper.

When online shopping factors into this, beyond common

advantages such as convenience and better pricing, other

considerations emerge for the Christmas shopper such as

supply chain and fulfilment capabilities of retailers. In the recent

past, many online retailers learnt their lesson the bitter way:

delays in delivery of Christmas purchases pushed consumers to

frustration and put the brand image of retailers into jeopardy. To

combat this, retailers now define deadlines for holiday purchase

orders and offer lax return policies. The courier services and

delivery staff of online retailers receive special seasonal

reinforcement as well. All to keep the Christmas shopper coming

to the online shop.

45

Page 47: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

47

What does the Christmas shopper want online?

Access to

customer

reviews

Austria

74%

Germany

Home

delivery

80%

UK

Low

cost delivery

79%

Italy

Price

comparison

60%

Netherlands

Access to

customer

reviews

62%

Sweden

Fast

delivery

65%

Norway

75%

Broad return

deadline

Denmark

78%

Fast

delivery

Page 48: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Christmas comes early: the Black

Friday effect in Europe

▪ Black Friday and Cyber Week in Europe

▪ Black Friday retail sales

04

Page 49: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Black Friday in EuropeConsumers get the most out of Christmas with Black Friday

Christmas comes but once a year, but for shoppers and retailers

it comes earlier now. Across Europe, many consumers already

begin their Christmas shopping as early as September in a bid

to avoid the stress of frenzied crowds on high streets. Thanks to

the wild popularization of the most popular U.S. shopping event,

Black Friday, in the rest of the world, the holiday shopping

season now has an unofficial kickstarter in Europe as well.

Originally an American shopping event that marks the end of

Thanksgiving Day, Black Friday sees special retailer discounts

on a massive scale, online and in brick-and-mortar stores alike.

While it has still not caught on on the high street as widely as it

has across the Atlantic, European shoppers have by no means

been slow to catch up with the frenzy of Black Friday shopping.

Today, awareness of and participation in Black Friday and its

adjacent Cyber Monday sales have increased enough to make

them a commonplace presence in the Christmas shopping

journey of European consumers.

48

Page 50: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Holiday season starts with excessive shopping in the U.S.Number of people who shopped during the Black Friday weekend in the U.S. in 2017 and 2018, by day

32

115.7

71.3

35.2

78.4

35

116.4

67.9

33

75.8

39.6

114.6

66.6

33.3

68.7

0

20

40

60

80

100

120

140

Thursday(Thanksgiving)

Black Friday Saturday Sunday Cyber Monday

Num

be

r o

f p

eo

ple

in m

illio

ns

Day

2017 2018 2019

Number of people who shopped Thanksgiving weekend in the U.S. from 2017 to 2018, by day (in millions) The Black Friday craze lasts from

Thanksgiving Thursday until the following

Monday, or, as retailers like to call it, Cyber

Monday. According to estimates of the

National Retail Foundation, the number of

individuals who shopped over this five-day

period reached over 300 million in 2018.

49 Statista

Note: United States; October 31 to November 6, 2019; 18 years and older; 7,917 Respondents

Source(s): National Retail Federation; Prosper Insights & Analytics; ID 243501

Page 51: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Black Friday: a serious business in EuropeUK and Germany spend the most over Black Friday

0

1000

2000

3000

4000

5000

6000

7000

8000

9000

UK Germany France Italy Spain Netherlands Belgium

Sp

en

din

g in m

illio

n G

BP

2018 2019

Total value of sales during Black Friday and Cyber Monday in selected European countries in 2018

with a forecast for 2019 (in million GBP)Black Friday may be a U.S. phenomenon,

but European consumers warmed to the

shopping craze in no time. Unlike the U.S.,

where brick-and-mortar stores see some of

the most overwhelming images of

consumers racing to grab the top bargains,

Black Friday is predominantly an online

affair in Europe. In fact, the DACH region's

own mega sales event, "Black Friday Sale",

is dedicated purely to sales offered by

online retailers. This Europeanized version

of Black Friday greets shoppers on its

websites with impatient displays of the

countdown to the year's biggest day of

flash sales.

50 Statista

Note: Europe; 2018

Source(s): VoucherCodes.co.uk; CRR; ID 1075269

Page 52: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Black Friday consumer budget in European countriesExpected spend per person during Black Friday in selected countries in Europe in 2018

346

300

234

221

211

206

203

185

179

173

118

84

0 50 100 150 200 250 300 350 400

United Kingdom

Ireland

Austria

Finland

Germany

Greece

Slovakia

Italy

Portugal

Spain

Russia

Turkey

Average spend per person in euros

51 Statista

Note: Europe; 2018; 12,000 Respondents

Source(s): Picodi; ID 934968

Page 53: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Black Friday discount rates in EuropeAverage discount rate offered by stores during Black Friday in selected European countries in 2018

63%

53%

51%

51%

47%

45%

45%

45%

0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0%

United Kingdom

Germany

Austria

Switzerland

Spain

Italy

Sweden

Finland

Average discount rate

52 Statista

Note: Europe

Source(s): Picodi; ID 1067993

Page 54: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Trailblazing European retailSpanish shoppers were the most keen to purchase on Black Friday in 2018

401%387%

332%

282% 279% 277%

156%163%

90%

152%

114%137%

104%

54%

Spain Sweden UnitedKingdom

Netherlands France Switzerland Germany

Sa

les tra

nsa

ctio

ns g

row

th

Black Friday Cyber Monday

Percentage change in retail sales on Black Friday and Cyber Monday in Europe in 2018, by countryIn Europe, the most dizzying Black Friday

in 2018 took place in Spain, where retail

sales saw the biggest spike. According to

data analyzed by commerce marketing

company Criteo, major European countries

felt the impact of both Black Friday and

Cyber Monday in retail transactions to

enormous degrees - varying from an

increase of 156 to over 400 percent.

53 Statista

Note: Europe; October 2018 to November 2018; all retail.

Source(s): Criteo; ID 1065500

Page 55: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Most purchased products on Black FridayConsumer electronics attract the most attention from shoppers

373

333317 307

141 136

0

50

100

150

200

250

300

350

400

Sa

les ind

ex

Sales index of most purchased retail products purchased in the EMEA region during Black Friday in 2018, by category The most purchased product

categories during Black

Friday suggest that

consumers hunted for

bargains on pricier items -

and retailers obliged. In

2018, Black Friday shoppers

spoiled themselves with

consumer electronics and

luxury purchases.

54 Statista

Note: Europe; 2018; all retail.

Source(s): Criteo; ID 1067876

Page 56: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

It's not just tech that has its big day on Black FridayFashion and luxury sales went through the roof in Spain and the UK

471%

437%

406%

328%

290%

243%

206%

0.0% 50.0% 100.0% 150.0% 200.0% 250.0% 300.0% 350.0% 400.0% 450.0%

Spain

United Kingdom

Sweden

Netherlands

France

Switzerland

Germany

Percentage change in retail sales of fashion and luxury items on Black Friday in Europe in 2018, by country

Retail sales growth

When consumers were not

looking to replace their

Smart TVs or upgrade to a

new virtual assistant, they

were renewing their

wardrobes with fashion

and luxury items. In major

European countries, the

number of transactions in

this category saw an

increase of over 200

percent compared to the

four-week period before

Black Friday.

55 Statista

Note: Europe; October 2018 to November 2018; all retail

Source(s): Criteo; ID 1059763

Page 57: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Black Friday and Christmas: perfect togetherConsumers drawn to the lure of Black Friday for their Christmas shopping

Unlike in the U.S., there is no definitive date that officially marks

the beginning of the holiday season in Europe. Indeed, it is more

than likely to see supermarkets stacking festive products against

the backdrop of merry tunes annoyingly early in the season. But

it is possible to say that with the transformation of Black Friday

and Cyber Monday from an American shopping indulgence to a

global event, traditional shopping timelines and preferences of

European consumers have shifted.

This was true to the degree that, ditching Boxing Day and pre-

Christmas sales, consumer surveys showed that UK consumers

picked Black Friday as their preferred shopping day. German

consumers were partial to Black Friday as well, but not without

showing some degree of indifference to any form of shopping

event first. A survey conducted by Periscope Solutions by

McKinsey found that if Germans chose to participate at all, Black

Friday and Cyber Monday overtook more traditional discount

opportunities like pre-Christmas sales.

56

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Move aside, Christmas salesBlack Friday is arguably the most popular retail event in Europe

345

195

143

120106

8571

0

50

100

150

200

250

300

350

400

Black Friday Cyber Monday Singles Day Boxing Day Halloween Christmas New Years

Da

ily s

ale

s in

de

x v

alu

e

Daily sales index in the EMEA region during holiday season in 2018, by eventThe period between the

American Thanksgiving

weekend and New Years is

nothing short of a series of

special shopping events.

In Europe, Black Friday

and Cyber Monday saw

the most concentrated

retail sales activity by far.

Cyber Monday and the

freshly-minted shopping

event "Singles Day" also

triggered greater sales

activity.

57 Statista

Note: Europe; 2018; all retail.

Source(s): Criteo; ID 1067834

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Black Friday's imprint on the holiday season: GermanyMain holiday event participation among German consumers

42%40%

26%

21%

18%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%

40.0%

I do notparticipate

Black Friday Cyber Monday Pre-ChristmasSales

Cyber Week

Sh

are

of re

sp

on

de

nts

Holiday shopping event participation preferences of consumers in Germany in 2019 A holiday insights study conducted by

Periscope by McKinsey revealed some

interesting conclusions around holiday

shopping preferences of consumers. Of

those consumers surveyed in Germany, 42

percent stated an aversion to any holiday

shopping event in 2019. If they were

interested, however, Black Friday and

Cyber Monday had precedence over pre-

Christmas sales.

58 Statista

Note: Germany; August 2019; 18 years and older; 501 Respondents

Source(s): Periscope; ID 1065456

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Black Friday's imprint on the holiday season: United KingdomMain holiday event participation among UK consumers

51%

36%

32%

27%

22%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

Black Friday Boxing Day Sales Pre-ChristmasSales

I do notparticipate

Cyber Monday

Sh

are

of re

sp

on

de

nts

Holiday shopping event participation preferences of consumers in the United Kingdom (UK) in 2019 When it comes to the UK results, Boxing

Day sales were still seen to be cherished.

In fact, a higher share of consumers

preferred Boxing Day shopping to Cyber

Monday sales. Black Friday still remained

the clear winner with the majority of

consumers planning to participate in the

event.

59 Statista

Note: United Kingdom; August 2019; 18 years and older; 501 Respondents

Source(s): Periscope; ID 1065433

Page 61: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Holiday shopping timeline in Europe Christmas shopping gets done between late November and early December

Sh

are

of re

sp

on

de

nts

UK Germany Benelux Sweden

When shoppers begin holiday shopping in selected European countries in 2019, by time of year In the UK, Germany, Sweden, and the

Benelux countries, consumers invariably

concentrated on the first half of December

to start their holiday shopping. Another peak

time for Christmas shopping was late

November, particularly so with UK and

German shoppers.

The shopping window in the last two weeks

of November coincides with Black Friday

and Cyber Monday, which again is likely to

create a ripple effect well into December.

The fact that Black Friday is an organized

event marketed globally on a massive scale

makes this shopping phenomenon an

attractive option for the spending masses.

In any case, the convenient blending of

Black Friday with Christmas sales provides

an opportunity for those who like to keep on

top of their Christmas holiday shopping lists.

60 Statista

Note: Europe; December 2018 to January 2019; 4,500 Respondents

Source(s): Episerver; ID 1077857

Page 63: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

Sources

63 Statista

British Retail Consortium

Criteo

CRR

Deloitte

Episerver

European Commission

Eurostat

EY

Facebook

Ferratum

GlobalData

HDE

Ipsos

KPMG

National Retail Federation

OECD

Office for National Statistics (UK)

Periscope

Picodi

Prosper Insights & Analytics

Retail Week

Salesforce Research

Statista Survey

Statistisches Bundesamt

Valitor

VoucherCodes.co.uk

Page 64: CHRISTMAS SHOPPING IN EUROPE · The European (Christmas) consumer The European consumer in the European economy Christmas spending 02 A tale of two channels Online retail in Europe

www.statista.com

Author

Tuğba ŞabanoğluExpert – Retail & E-commerce Europe

[email protected]

Tuğba Şabanoğlu is the Statista specialist for research on retail and e-commerce in the United Kingdom and Europe. She is agraduate of Freie Universität Berlin and holds an M.A. degree in English Studies.