Global Personalized Gifts Market Size By Product, By Distribution Channel, By Geographic Scope And Forecast

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Global Personalized Gifts Market Size By Product, By Distribution Channel, By Geographic Scope And Forecast

Personalized Gifts Market Size And Forecast

Personalized Gifts Market size was valued at USD 28.27 Billion in 2024 and is projected to reach USD 59.24 Billion by 2031, growing at a CAGR of 9.69% from 2024 to 2031.

The growth and expansion of the FMCG industry, especially in developing economies, the increase in birthdays, anniversaries, and other similar occasions, the increasing speed of digitization, and the rise in income are the factors driving the market growth of the Personalized Gifts Market. The Global Personalized Gifts Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Personalized Gifts Market Definition

A personal gift means something given from one individual to another to create or strengthen an intimate relationship. Gifts are given privately without the knowledge or understanding of the individual. It is perfect for any occasion. A customized gift explicitly made for a person by having their name or photo engraved or printed on cushions, picture frames, mugs, key chains, or pens.

After much thought and effort, it lets the recipient know that this gift is specially designed and chosen. A personalized gift allows people to realize their relationships and share a special bond with someone they love. That’s what a personalized gift does – establish a connection, celebrate, and strengthen it over time. Indeed, that person will never forget how much you love them.

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Global Personalized Gifts Market Overview

The primary factor driving market growth is the increasing number of personalized gift services daily, and the rising consciousness of individuals to give handmade gifts to their friends, family, or relatives are factors driving the market growth of the Personalized Gifts Market. The increasing trend of parties and celebrations, especially among young people, the growing recognition of culturally diverse celebrations and festivals, and the expansion of the gift trade between buyers will create many lucrative growth opportunities for the market.

So, what's making the Personalized Gifts Market tick? Well, you've got a bunch of things like more places selling offline, cooler production methods, and everyone wanting those eco-friendly handmade gifts. Plus, folks are doing better financially, and online shopping is everywhere. But, it's not all sunshine and rainbows! Companies are feeling the price pinch, and those commodity prices are all over the place. Being a seasonal business hurts, and let's be real, personalized gifts can be pricey. Also, getting stuff out to remote areas is tough because of weak distribution networks, and just sourcing materials, managing stores, and promoting everything can be a real headache, which all kinda limits how much the market can actually grow.

Global Personalized Gifts MarketSegmentation Analysis

The Global Personalized Gifts Market is segmented on the basis of Product, Distribution Channel, And Geography.

Personalized Gifts Market, By Product

  • Non-photo personalized gifts
  • Photo personalized gifts

Based on Product, The market is segmented into Non-photo personalized gifts and Photo personalized gifts. The Non-photo personalized gifts segment holds a large number of shares in the market because the increasing demand encourages vendors to introduce innovative features to make customized gifts more attractive to buyers and a wide range of non-photo personal products, which is the factor that boosts the market growth of the Personalized Gifts Market.

Personalized Gifts Market, By Distribution Channel

  • Online
  • Offline

Based on the Distribution Channel, The market is segmented into Online and Offline. The Online segment holds a large number of shares in the market because the increasing number of e-commerce vendors and growing penetration of smartphones across the globe is the factor that boosts the market growth of the Personalized Gifts Market.

Personalized Gifts Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

On the basis of Geography, The Global Personalized Gifts Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The North American region holds a large number of shares in the market because the widespread popularity of the gift culture in the region encourages many sellers to offer additional promotions to help their customers purchase personalized gifts at a lower cost. Also, many regional vendors utilize advanced technology solutions to personalize gifts, which is the factor that increased the market growth of the Personalized Gifts Market.

Key Players

The “Global Personalized Gifts Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are American Greetings Corporation, Redbubble, Spencer Gifts, Card Factory, Etsy Inc., CafePress Inc., Personalization Mall, Hallmark Cards Inc., American Stationery, and Archies Limited.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Report Scope

Report AttributesDetails
Study Period

2021-2031

Base Year

2024

Forecast Period

2024-2031

Historical Period

2021-2023

Unit

Value (USD Billion)

Key Companies Profiled

American Greetings Corporation, Redbubble, Spencer Gifts, Card Factory, Etsy Inc., CafePress Inc., Personalization Mall.

Segments Covered
  • By Product
  • By Distribution Channel
  • By Geography
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We'll dig into the market with both qualitative (think the 'why') and quantitative (the hard numbers) analysis, segmenting it by everything from the economy to other less obvious factors. You'll get market value figures (in USD Billion!) for every segment and sub-segment we identify. We'll pinpoint the region and specific segment poised for the most rapid growth and which ones are likely to be the top dogs. Plus, we'll analyze each region geographically, showing you where the product/service is really taking off, and what's fueling (or hindering) that growth. The report includes a competitive landscape section too, ranking the major players in the market. We'll also cover what they've been up to in the last five years – new product launches, partnerships, expansions, and acquisitions. You'll find extensive company profiles with overviews, insights, product benchmarking, and even SWOT analyses for the big names. We'll also give you a look at both the current and future market outlook, highlighting recent developments, growth opportunities, key drivers, and the challenges ahead in both emerging and developed markets. We'll even give you an in-depth look using Porter's five forces analysis and insight via a Value Chain analysis. Finally, we’ll lay out the market dynamics scenario, along with potential growth opportunities down the line. Oh, and don't forget the 6-month post-sales analyst support!

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