Which cultural tradition has been documented to significantly increase consumer spending on red-colored products in East Asian markets during specific seasonal periods?

In today's global marketplace, understanding how cultural traditions influence consumer behavior is crucial for successful product development and marketing. Different cultures have unique relationships with products, shopping habits, and purchasing decisions. This trivia question explores an interesting phenomenon about how cultural traditions affect consumer behavior in a specific region.

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Lunar New Year celebrations, where red symbolizes good fortune and prosperity
Mid-Autumn Festival, where red represents the harvest moon's glow
Dragon Boat Festival, where red is believed to ward off river spirits
White Day celebrations, where red items are traditionally exchanged as gifts