This Personalized Gifts Market research report contains a complete background analysis of the industry, which includes an assessment of the parental market. All the statistical and numerical that have been forecasted in this report is represented with the help of graphs, charts, or tables which makes this report more user-friendly. This Personalized Gifts Market report contains a thorough description, competitive scenario, wide product portfolio of key vendors, and business strategy adopted by competitors along with their SWOT analysis and porter’s five force analysis. Whether it is about renewing a business plan, preparing a presentation for a key client, or giving recommendations to an executive, this Personalized Gifts Market report will surely help you to a degree.
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In terms of revenue, global personalized gifts market was valued at US$ 25.28 Bn in 2022 growing at a CAGR of 7% over the forecast period (2022 – 2030). 1-800-FLOWERS.COM INC., AGC LLC., Card Factory, Cimpress, Disney, Etsy Inc., Gifts.com, Hallmark Licensing LLC., IGP.com, PersonalCreations.com, prestogifts.com, Redbubble, Shutterfly Inc., and Zazzle Inc., amongst other market participants.
Global Personalized Gifts Market:
- Photo Personalized Gifts
- Non-Photo Personalized Gifts
- Bed & Bath
- Clothing & Accessories
- Frames & Albums
- Home Décor
- Stationery & Gift Cards
- Bar & Wine
- Outdoor & Garden
- Travel Gifts & Accessories
- Corporate & Group Events
By End Users
By Distribution Channels
- The UK
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- Asia Pacific
- New Zealand
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
- Latin America
- Rest of Latin America
- North America
- Rest of North America
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Personalized gifts are the items that carry the name, initials, picture of the person who is receiving them as a gift. Sometimes, they feature monogram on them. They are expected to create a sense of belonging among recipients of the gift, making them feel happy about the fact that the gift is exclusively made for them. Personalization is an art that can turn ordinary gifts into memorable ones so that any occasion of the gift recipient becomes extra special for them. The personalized gifts are commonly adorned with the name, picture or a short personal message that lets gift-senders share their sentiments with the gift recipients.
In the global personalized gifts market, the major driver contributing to the market growth is the growing influence from the western culture, which has popularized the trend of celebrating special days such Father’s Day, Mother’s Day, and Thanksgiving amongst others. Rapid prospects in technology have made the products more affordable due to production procedure becoming easy and less time consuming. The allure of attaching personalized messages to the gifts, is giving massive boost to the market demand and the market growth. The demand for eco-friendly gifts is also increasing, particularly in the section of the children’s toys. Other factors contributing to the market growth include product innovation due to technological advancement, rising internet facilities, and presence of wide range of options.
Challenges related to inventory, merchandising management, and supply chain are hampering the growth of global personalized gifts market.
The outbreak of China-originated coronavirus has resulted in governments in most countries to impose lockdown to prevent the spread of COVID-19. This lead to border restrictions and breakdown of transportation networks. Corporates were enforced to impost work-from-home for all their employees and later resume with limited staff in their premises. However, since the business operations are gradually reopening, personalized gifts are gaining massive traction amongst the corporate and individual end users. Corporates are increasingly preferring personalized gift for their staff so as to reward their contribution and reliance with the organization amidst the difficult times. The trend is estimated to retain and further contribute towards the growth of global personalized gifts market over the period of next eight years.
Key Questions Answered with this Study
1) What makes Personalized Gifts Market feasible for long term investment?
2) Know value chain areas where players can create value?
3) Teritorry that may see steep rise in CAGR & Y-O-Y growth?
4) What geographic region would have better demand for product/services?
5) What opportunity emerging territory would offer to established and new entrants in Personalized Gifts market?
6) Risk side analysis connected with service providers?
7) How influencing factors driving the demand of Personalized Gifts in next few years?
8) What is the impact analysis of various factors in the Personalized Gifts market growth?
9) What strategies of big players help them acquire share in mature market?
10) How Technology and Customer-Centric Innovation is bringing big Change in Personalized Gifts Market?
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