Actually pet owners in the United States spend a whopping $681 million on Valentine’s Day gifts for their pets! That’s the figure being announced by the National Retail Federation.
Last year, Americans actually spent $701 million on Valentine’s Day gifts for their pets. So while the sum is slightly lower this year, it shows that there is still a big business in gifts for pets.
The question is what kind of gifts to people buy for their pets? Candy and treats are on the top of the lists for all kinds of gifts for all recipients on Valentine’s Day. Since pets can’t eat regular candy, they have their own which often they love a lot. Toys and stuffed animals are also high on the list.
Americans’ husbands, wives and significant others are the ones in for the real treat this Valentine’s Day. According to the survey, 90.8 percent of consumers said they would buy something for their significant other/spouse and are planning to spend an average of $89.86, up from $87.94 last year. Total spending on significant others/spouses is expected to reach $12 billion, the Federation says.
Additionally, consumers will spend an average of $27.79 on other family members like children and parents, $7.08 on children’s classmates and teachers and $5.83 on co-workers.
It is clear that Valentine’s Day has become a day to celebrate love for all and for everyone. This is a great thing. We hope that it will also remind people that they should express their love throughout the year and not only on Valentine’s Day!