Britons are planning to collectively spend £8.5 billion on Christmas presents this year.
This is according to research from Tesco, which found that the typical UK household is expecting to part with £325 on gifts.
Indeed, 58 per cent of respondents to the study said they have been stockpiling goodies since the start of 2012.
This demonstrates how despite the current economic climate, people are determined to make sure their friends and family get access to the best gifts.
However, people are also being encouraged to think about the safety element of having so many presents in their home, especially as 37 per cent of those questioned are expecting to be away from their homes for at least one night during the festive period.
Gary Davess, director of general insurance at Tesco Bank, noted that homes may become "tempting targets for burglars" because they will be aware of the additional value contained within the properties in December.