Increased Demand for Personalized Gift Products is a Key Trend Gaining Market Momentum
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The gifts novelty and souvenirs market is forecasted to grow by USD 18.61 billion during 2023-2028, accelerating at a CAGR of 4.36% during the forecast period. The report on the gifts novelty and souvenirs market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by technological advances leading to product innovation and premiumization, growing culture of gifting, and increase in in-bound international tourism propelling sales of gift items.
The gifts novelty and souvenirs market is segmented as below:
By Product
- Souvenirs and novelty items
- Seasonal decorations
- Greeting cards
- Giftware and others
By Distribution Channel
- Offline
- Online
By Geographical Landscape
- Europe
- North America
- APAC
- South America
- Middle East and Africa
The report on the gifts novelty and souvenirs market covers the following areas:
- Gifts novelty and souvenirs market sizing
- Gifts novelty and souvenirs market forecast
- Gifts novelty and souvenirs market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global gifts novelty and souvenirs market: Alibaba Group Holding Ltd., American Greetings Corp., American Stationery Co. Inc., Archies Ltd., Card Factory PLC, Cimpress PLC, Consortium Gifts Pvt Ltd, Enesco LLC, Ferns N Petals Pvt. Ltd., funkypigeon.com Ltd., Hallmark Card Inc., Memorable Gifts, PersonalizationMall.com LLC, Redbubble Ltd., Scotts Highland Services Ltd, Shutterfly Inc., Signature Gifts Inc, Sixty Stores Ltd., Target Corp., and Zazzle Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increased demand for personalized gift products."
According to the report, one of the major drivers for this market is the technological advances leading to product innovation and premiumization.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Alibaba Group Holding Ltd.
- American Greetings Corp.
- American Stationery Co. Inc.
- Archies Ltd.
- Card Factory Plc
- Cimpress Plc
- Consortium Gifts Pvt Ltd
- Enesco LLC
- Ferns N Petals Pvt. Ltd.
- funkypigeon.com Ltd.
- Hallmark Card Inc.
- Memorable Gifts
- PersonalizationMall.com LLC
- Redbubble Ltd.
- Scotts Highland Services Ltd
- Shutterfly Inc.
- Signature Gifts Inc
- Sixty Stores Ltd.
- Target Corp.
- Zazzle Inc.
