66% of Gen Z Consumers Plan to Celebrate Valentine's Day - More Than Any Other Generation, Numerator Reports (2024)

49% of Celebrators Intend to Purchase Candy, 47% Plan to Purchase Gifts, 39% Plan to Dine Out

CHICAGO, February 12, 2024 (GlobeNewswire) – Numerator, a data and tech company serving the market research space, has released new data on how consumers plan to celebrate Valentine’s Day 2024, sourced from verified purchase data and a sentiment survey of over 5,100 consumers on their 2024 holiday intentions. Overall, 61% of consumers plan to celebrate Valentine’s Day, with gift giving and dining out the top ways to celebrate.

Consumer Sentiment Findings Include:

  • Gen Z is the generation most likely to say they will celebrate Valentine’s Day 2024. Overall, 61% of consumers (+4 points from 2023) plan to celebrate the holiday, with Gen Z and Millennials even more likely to say they will celebrate (66% and 64%, respectively).
  • One-third of consumers are making their Valentine’s Day plans a month out. 34% of celebrators said they make their Valentine’s Day plans over one month in advance, while only 17% wait until 1-2 days before.
  • Valentine’s Day is the top holiday for dining out. 39% of celebrators plan to go out to eat to celebrate Valentine’s Day – more than any other holiday surveyed.
  • Celebration plans vary by g Millennials are the most likely generation to say they will give gifts (44%), Boomers+ are the most likely to decorate their homes (20%), and Gen Z are the most likely to go out for drinks (21%).
  • Almost all Valentine’s Day celebrants intend to purchase something for the holiday. 96% of celebrants plan to make a purchase for Valentine’s Day. The top planned purchases are candy (49%), gifts (47%), food (43%), and alcoholic beverages (17%).
    • Valentine’s Day ranks third among holidays when it comes to planned candy purchases. While nearly half of Valentine’s Day celebrants plan to buy candy, the holiday still ranks behind Halloween (79%) and Easter (53%) for planned candy purchases.
    • Valentine’s Day alcohol purchases vary by generation. Among those who plan to buy alcohol, wine is the top choice (43%), followed by spirits (41%), beer (36%), and champagne (34%). Boomers+ are the most likely generation to opt for wine, Gen X is the most likely to buy spirits, and Millennials are the most likely to buy champagne.
  • Most Valentine’s Day shoppers expect to spend less than $100. 73% of celebrants plan to keep their purchasers under $100 for the holiday, and consumers plan to do their Valentine’s shopping at big box stores (40%), grocery stores (33%), online retailers (27%), and discount or dollar stores (23%).

Consumer Purchase Data Findings Include:

  • In the four-week lead-up to Valentine’s Day 2023, 84% of US households purchased candy. Of the households that purchased candy, 40% bought Valentine’s candy specifically, 64% purchased non-seasonal chocolate candy, and 44% bought non-seasonal non-chocolate candy.
  • Seasonal favorites see more buyers and more sales for Valentine’s Day. Elmer Chocolate and Russel Stover saw the largest sales increases (+626% and +104%, respectively) in the four-week lead-up to the holiday (compared to the previous four weeks).
  • Candy shoppers are buying across big box, dollar, and grocery stores. Last year, Walmart, Target, Dollar Tree, Kroger, and Dollar General were the top candy retailers leading up to Valentine’s Day based on dollar sales–Dollar Tree & Dollar General saw 26% and 35% sales lifts, respectively.

Numerator’s 2024 Holiday Preview survey was fielded to 5,132 consumers in January 2024 and highlights consumers’ celebration, shopping and spending plans for 14 key holidays through the end of the year. 756 shoppers shared details of their Valentine’s Day plans. Valentine’s Day candy purchasing data was compiled using Numerator’s 150k household Total Commerce Panel, looking at data from 01/17/2023 to 02/14/2023 versus the prior four weeks.

About Numerator:

Numerator is a data and tech company bringing speed and scale to market research. Numerator blends first-party data from over 1 million US households with advanced technology to provide 360-degree consumer understanding for the market research industry that has been slow to change. Headquartered in Chicago, IL, Numerator has 2,000 employees worldwide; 80 of the top 100 CPG brands’ manufacturers are Numerator clients.

SOURCE NAME
press@numerator.com

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66% of Gen Z Consumers Plan to Celebrate Valentine's Day - More Than Any Other Generation, Numerator Reports (2024)

FAQs

66% of Gen Z Consumers Plan to Celebrate Valentine's Day - More Than Any Other Generation, Numerator Reports? ›

Gen Z is the generation most likely to say they will celebrate Valentine's Day 2024. Overall, 61% of consumers (+4 points from 2023) plan to celebrate the holiday, with Gen Z and Millennials even more likely to say they will celebrate (66% and 64%, respectively).

What percentage of consumers celebrating Valentine's Day plan to dine out? ›

39% of celebrators plan to go out to eat to celebrate Valentine's Day – more than any other holiday surveyed.

How much does the average consumer spend on Valentine's Day? ›

SALT LAKE CITY — According to the National Retail Federation, the average American will spend about $185 celebrating Valentine's Day this year. The nation as a whole spends an estimated $25.8 billion.

Which country grows more roses that are sold in the United States for Valentine's Day? ›

The Netherlands, site of the world's largest flower auction, isn't the answer. Instead, cut roses sold in the U.S. primarily come from two places: Colombia and Ecuador. Colombia provides almost 60% of our roses, and Ecuador almost 40%.

What is the dark truth about Valentine's Day? ›

One Valentine was a priest in third-century Rome who defied Emperor Claudius II after the ruler outlawed marriage for young men. St. Valentine would perform marriages in secret for young lovers, ultimately leading to his death.

Does Gen Z celebrate Valentine's Day? ›

66% of Gen Z Consumers Plan to Celebrate Valentine's Day – More Than Any Other Generation, Numerator Reports.

What percentage of people eat out on Valentine's Day? ›

People in relationships are more likely to engage in these celebratory activities: 34% say they will dine out, 25% will share a meal at home, 37% will exchange gifts, 28% will exchange cards, and 30% will have sex. (A celebrant's Valentine's plans could include more than one of these ingredients.)

What are the top 3 items consumers buy for Valentine's Day? ›

Beyond The Classic Heart-Shaped Bouquet And Chocolates

While flowers, candy and greeting cards still top the list of main gifts, younger generations are shifting the way Valentine's Day is being celebrated, looking beyond traditional gifts.

What are the consumer trends for Valentine's Day 2024? ›

Some 33% will shop in department stores, while 31% will head to discount stores, and 17% will buy from florists, the NRF notes. Candy (at 57%), greeting cards (40%), and flowers (39%) will be the most popular gifts. But don't discount an evening out, which ranks at No. 4 with 32%.

What gender spends more on Valentine's Day? ›

Not only that, Valentine's Day tends to be the most popular day to get engaged. Spending differs by gender and age. Men spend more on Valentine's Day ($200+), while women usually spend less. Millennials are the biggest spenders, with those in that age group planning to spend around $300 on the holiday.

What percentage of Valentine's Day consumers intend to buy flowers? ›

For Valentine's Day 2024, roughly half of surveyed U.S. shoppers said they would buy chocolate or candy as a gift for another, making it the most shopped for Valentine's Day gift. About a third of respondents said they intended to purchase flowers.

What percentage of consumers prefer to buy their Valentine's Day gifts online? ›

Valentine's Day Gift Shopping Statistics

Just like in previous years, the preferred choice for buying Valentine's Day gifts remains online shopping, with 35% of people opting for this option. Department stores are a close second at 34%, followed by discount stores at 31% and specialty stores at 18%.

Which state grows 60 of roses sold on Valentine's Day? ›

Of all the roses produced and sold each year in the US, the state of California grows an average of 60%.

What does black mean on Valentines Day? ›

6. Black: Healing from a Rejected Proposal. Black might be a favourite of many, but on Valentine's Day, it symbolizes rejection. You just got your heart broken because of a rejected proposal.

What does the Bible say about Valentine's Day? ›

1 John 4:7-12. Dear friends: let us love one another, for love comes from God. Everyone who loves has been born of God and knows God. Whoever does not love does not know God, because God is love.

What are the cons of Valentine's Day? ›

The pressure to spend money and meet societal expectations can overshadow the genuine sentiment behind the day, leading to feelings of stress, anxiety, and financial strain.

Is Valentine's Day the busiest for restaurants? ›

Valentine's Day slipped from #6 in 2022 to #11 in 2023, perhaps as more consumers dined out at restaurants to celebrate with their significant others. Though it was #9 in 2022, Game Day was ranked #12 in 2023 as other holidays became more popular for food delivery.

How much people celebrate Valentines Day? ›

According to Statista, 94% of Americans believe in true love. So, it's no surprise that 53% of Americans plan to celebrate Valentine's Day in some way with family members, friends, etc.

What percentage of people dine out? ›

A January 2022 survey analyzed how frequently U.S. consumers eat out at a restaurant. Overall, 29 percent of respondents claimed to eat out once a week or more. In contrast, 11 percent said they never eat out at restaurants.

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