I 100% agree with this. Unfortunately it's also one of those things that a lot of people say but don't really mean. Like when they say it's OK for men to cry.
Same thought. I just said to people close to me that I don't want gifts neither for christmas nor for my birthday and I'll never want them.
As a kid it makes sense, getting something you really want from someone else because you don't really have a serious job or money at all so it's one of the few chances to get something.
Now if I want something I just buy it, otherwise I just don't want it. And if I can't buy it because it's expensive why would I want someone else to spend that kind of money?
Plus all that thinking about what would be a good gift.
And if it's about "showing you care about me" then really, just say merry christmas or happy birthday.
Personally I like giving other people gifts. It's part of the fun. Last year I got my brother a drone and he got me a thrifted, pit-stained t-shirt for a band I don't listen to that much. I don't care, I just like to give other people cool gifts!