Insightful Word
  • Investing
  • Stock
  • Economy
  • Politics
  • Investing
  • Stock
  • Economy
  • Politics
No Result
View All Result
Insightful Word
No Result
View All Result
Home Investing

Why are sales of seasonal pet products in the UK soaring this Christmas?

admin by admin
November 27, 2024
in Investing
0
Why are sales of seasonal pet products in the UK soaring this Christmas?
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

The Britons are splashing out on pets this Christmas.

Seasonal treats, toys, and food have seen an extraordinary surge in popularity, with Waitrose online reporting a 964% increase in Christmas pet line sales compared to last year.

At John Lewis, sales of seasonal-themed dog toys jumped by 98%, marking a significant uptick in festive pet pampering.

The rise of pet humanisation

Emma Clifford, associate director of food and drink research at Mintel, attributes this trend to the ongoing “humanisation of pets.”

In a report by The Guardian, Clifford notes, “Pets are increasingly seen as family members and stress relievers, with many owners willing to spend more on their pets’ care.”

This sentiment translates into spending patterns, with 18% of Britons prioritizing gifts for their pets over their significant others in 2023.

A Mintel survey found that 56% of pet owners would cut back on their own spending before reducing what they spend on their furry friends.

Even during challenging economic conditions, the bond between owners and pets remains strong.

Rising costs have forced some households to make difficult decisions, with some giving up pets for adoption.

However, the trend of pet indulgence continues to grow year after year, driven by the emotional value pets bring to their families.

Festive pet products in high demand

Retailers have expanded their offerings to meet the growing appetite for Christmas-themed pet products.

At Waitrose, popular items include roast-dinner-style pet food, Christmice toys, and Reindeer Bobble Balls.

Dog mince pies saw a 351% spike in page visits online, while Marleybones Lush Nosh Lamb Dog Food sales climbed 84% year-on-year.

Meanwhile, Forthglade Lamb & Chicken Trays experienced a staggering 343% sales increase, reflecting the demand for premium pet meals.

John Lewis also reported strong sales for items like Good Boy Pawsley Dog Xmas Stockings, which grew by 54% compared to last year.

Pets come first in British households

The growing popularity of pet gifts reflects a shift in household spending priorities.

Clifford notes that nearly three-quarters (73%) of pet owners prioritize their pet’s health over maintaining a clean home.

Pets are increasingly seen as family members, with many owners ready to splurge on them even as they cut back on other expenditures.

With seasonal pet product sales booming, retailers are seizing the opportunity to innovate and expand their ranges.

From mince pies for dogs to stocking fillers, Britons’ enthusiasm for spoiling their pets shows no signs of waning.

Waitrose’s Nicki Hobbs emphasizes, “This Christmas, our customers are looking to share the love with their pets, embracing them as key members of family households.”

This enduring affection for pets highlights why festive spending on animals remains resilient, making pets the center of holiday cheer for households across the UK.

The post Why are sales of seasonal pet products in the UK soaring this Christmas? appeared first on Invezz

Previous Post

Long TITN: Titan Machinery Q3 Highlights $115M Inventory Reduction, 10% Construction Sales Growth, and Bullish Breakout from $14 Support Suggest Upside Potential

Next Post

CrowdStrike beats Q3 expectations but shares dip on cautious Q4 outlook

admin

admin

Next Post
CrowdStrike beats Q3 expectations but shares dip on cautious Q4 outlook

CrowdStrike beats Q3 expectations but shares dip on cautious Q4 outlook

Trending News

Bank of England’s Pill says pay growth stuck at high level

Bank of England’s Pill says pay growth stuck at high level

November 12, 2024
Investment firm Stonepeak to buy Air Transport Services Group in $3.1 billion deal

Investment firm Stonepeak to buy Air Transport Services Group in $3.1 billion deal

November 4, 2024
Tesla sales in Europe drop 45% in January amid rising competition and political challenges

Tesla sales in Europe drop 45% in January amid rising competition and political challenges

February 25, 2025
Subscribe to Insightful Word


    Recent News

    Bitcoin trades above $110,000 as US ETF inflows surge 85%

    Bitcoin trades above $110,000 as US ETF inflows surge 85%

    May 22, 2025
    Trump tax bill passes House by razor-thin margin, heads to Senate for major overhaul

    Trump tax bill passes House by razor-thin margin, heads to Senate for major overhaul

    May 22, 2025
    Why Bank of America is bearish on Target: find out here

    Why Bank of America is bearish on Target: find out here

    May 22, 2025
    US solar stocks sink as Trump tax bill threatens green energy lifelines

    US solar stocks sink as Trump tax bill threatens green energy lifelines

    May 22, 2025

    Recent News

    Bitcoin trades above $110,000 as US ETF inflows surge 85%

    Bitcoin trades above $110,000 as US ETF inflows surge 85%

    May 22, 2025
    Trump tax bill passes House by razor-thin margin, heads to Senate for major overhaul

    Trump tax bill passes House by razor-thin margin, heads to Senate for major overhaul

    May 22, 2025

    Latest News

    • Bitcoin trades above $110,000 as US ETF inflows surge 85%
    • Trump tax bill passes House by razor-thin margin, heads to Senate for major overhaul
    • Why Bank of America is bearish on Target: find out here

    About Insightful Word

    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools
    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools

    Copyright © 2025 Insightfulword.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Stock
    • Economy
    • Politics

    Copyright © 2025 Insightfulword.com. All Rights Reserved.