Valentine's Day 2022 pet spending: You won't believe what we'll shell out for our dogs and cats
New projections for what we'll spend on Valentine's Day 2022 for our beloved pets are just out — and the numbers might make some fur fly
Valentine's Day Origins: From Cupid to Chaucer
Valentine's Day Origins: Fox News spoke to expert Nikki Lewis who deals with love year-round to learn more about the heart-filled holiday.
Valentine's Day just might be going to the dogs, cats, rabbits, birds, and other household pets.
Pet lovers this year will spend $1.189 billion (yes, billion) on their beloved animals for Valentine's Day.
That's according to new projections from the National Retail Federation (NRF), a nonprofit based in Washington, D.C., and Prosper Insights & Analytics. The new spending projections came out on Monday, Jan. 31, 2022.
HOW DID VALENTINE'S DAY BECOME A HUGE COMMERCIAL HOLIDAY?
Valentine’s Day spending overall in 2022 — on spouses, partners, friends, neighbors, pets, and more — is expected to reach $23.9 billion this year.
That number is up from $21.8 billion in 2021.
Here's a sweet Valentine's Day cat. Pet lovers will spend $1.189 billion on their beloved animals for Valentine's Day 2022, according to new projections. (iStock / iStock)
This year's Valentine's Day spending could be the second-highest year on record, according to the same annual survey.
Shoppers expect to spend an average of $175.41 per person (per human, that is) on Valentine’s Day gifts, which is up from $164.76 in 2021, the NRF said.
VALENTINE'S DAY BY THE NUMBERS: FUN FACTS ABOUT THE POPULAR HOLIDAY
The increase comes as many people intend to spend more on significant others or spouses. Candy (56 percent), greeting cards (40 percent), and flowers (37 percent) remain the most popular gift items this Valentine’s Day, the NRF said.
The survey of 7,728 U.S. adult consumers was conducted Jan. 3-11, 2022; it has a margin of error of plus or minus 1.1 percentage points.
We sure love our fur babies
Samantha Ligotino of Hudson Valley, New York, said she loves giving gifts to her seven-year-old Jack Russell Terriers, Enzo and Jessie — and for her, Valentine’s Day is already starred and circled on the calendar for her fur babies.
An adorable Jack Russell Terrier is ready for something special on Valentine's Day this year. (iStock / iStock)
"I know that the saying is 'diamonds are a girl's best friend' — but for this girl, it’s definitely 'dogs are a girl's best friend,'" she told Fox News Digital.
"Why not spoil them on Valentine’s Day? You’ll get nothing but unconditional love in return. It doesn’t get any better than that," she added.
Ligotino joins many pet owners who feel the same way about pet gift-giving for Valentine's Day.
"Why not spoil them on Valentine’s Day? You’ll get nothing but unconditional love in return."
In 2020, 27 percent of those celebrating Valentine's Day said they were buying gifts for their pets.
That number, over a 10-year span, had jumped 17 percent.
"Much of the growth in Valentine’s Day spending over the last decade has been fueled by consumers’ interest in celebrating the other important relationships in their lives — friends, co-workers and, increasingly, pets," according to the NRF.
More money spent on pets overall
If pet owners are not pampering their beloved animals, they're spending more money in general on their beloved canines, felines, and other creatures.
Who can resist pampering these sweet fur babies? (iStock / iStock)
In 2020, $103.6 billion was spent on our pets in the U.S., according to National Pet Owners Survey Statistics — and 70 percent of U.S. households own a pet.
Also, during the COVID-19 pandemic, more people have become pet parents.
One in five households acquired a cat or dog at the start of the COVID-19 pandemic, the American Society for the Prevention of Cruelty to Animals (ASPCA) said in a survey published last year, on May 21, 2021.
‘Major support’ during the pandemic
Erin Grdovich of New York said her dog Kona, a Golden Retriever, has been a "major support in getting through the pandemic and she's always given more than she takes."
CLICK HERE FOR MORE LIFESTYLE CONTENT ON FOX BUSINESS
Kona receives lots of goodies and attention, even if she doesn't dress as Cupid this year. However, she's likely to get plenty of Valentine's Day hugs and love from her Long Island family.