Halloween Spending Trends
Halloween spending in the UK rose steadily between 2013 and 2016, from £230 million to £310 million. The following year saw a big spike in spending, which rose by almost a third to £400 million. Subsequently, there was a modest increase to £419 million in 2018.
Americans spent upwards of $10.6 billion in preparation for and on Halloween in 2022, with an estimated $12.2 billion expenditure projected for Halloween 2023.
Popular Halloween Expenditures
- Candy spending is expected to reach $3.6 billion this year, increasing from $3.1 billion in 2022.
- Money spent on Halloween greeting cards is projected to decrease to $500 million from $600 million in the previous year.
Data on Halloween Spending
Americans purchase nearly 600 million pounds of candy each year for Halloween, leading to a significant amount of sales, especially in the days leading up to the holiday.
Costumes and Celebrations
Americans are estimated to spend an average of $108 per person on various Halloween purchases like costumes, candies, decorations, and party supplies.
Halloween Spending in the UK
Brits are expected to spend more than £1 billion on Halloween in 2023, with an average spend of £36 per person for celebrations, decorations, or costumes.
2023 Halloween Projections
In 2023, Halloween spending is expected to surpass previous records, with an estimated total expenditure of $12.2 billion—a significant increase from $10.6 billion in 2022.
Conclusion
Setting budget limits and tracking holiday purchases is advised to ensure affordability while enjoying the Halloween season.