A latest report from Absolute Markets Insights covers insights into the global Personalized Gifts market. This comprehensive report offers insights into the market, models and drivers of business growth. Also includes Personalized Gifts market share, sales volume and education charts. Research analysts have combined important and additional information, such as commitments from market leaders, into a well-crafted report. This report is an essential insight into strategies and information and is primarily aimed at business leaders. The main objective of this Personalized Gifts report is to provide industry knowledge and help our clients achieve natural growth in their respective fields. The Personalized Gifts report also shows a new uptrend that includes market conditions and market forecast 2022-2030.
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Some of the major players operating in the global Personalized Gifts market include: 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.
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).
The competitive landscape of the market study contains a broader analysis of the regions including North America, Europe, Asia-Pacific, Middle East and Africa, Latin America, which are expected to capture the essence of the market in its broadest category. The list encompasses significant players who manage the sector based on the system’s overall production capabilities, environmental contributions, appropriate channels, and territorial proximity through a system of primary and secondary research methodologies followed by an in-house analytical model. Furthermore, the generated income and a generalized market share for the market is presented with the help of graphs, charts and tables.
Furthermore, the report also contains important collaborations, mergers and acquisitions, key market trends and business policies are evaluated. The study contains primary and secondary information pertaining to the Personalized Gifts Market in terms of its global status, market size, growth forecasts, trends, segments, and a detailed forecast.
Key insights from the report:
- The report provides key statistics on the market status of Personalized Gifts Manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
- The report provides a basic overview of the industry, including its definition, applications and manufacturing technology.
- The report features the company profile, product specifications, capacity, production value and market share 2022-2030 for the top vendors.
- The total market is further divided by company, by country and by application/type for the analysis of the competitive landscape.
- The report then estimates the 2022-2030 market development trends of the P2P Loans industry.
- Analysis of upstream raw materials, downstream demand and current market dynamics is also performed.
- The report makes some important proposals for a new project of Personalized Gifts Market before evaluating its feasibility.
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Covid-19 cumulative impact:
This study presents insights into COVID-19 on consumer behavior and changes in demand, purchasing patterns, supply chain reorganization, dynamics of market forces, and substantial government involvement. The new research provides insights, analysis, estimates and predictions in light of the effect of COVID-19 on markets. The Personalized Gifts Market report provides a solid observation on the prominent players in terms of strategic analysis, micro and macro market trends and opportunities, pricing trends, and a generalized overview of the market. The Personalized Gifts Market is a detailed study packed with primary and secondary market factors, market share, leading segments and a proper geographic analysis.
Key questions answered in this report:
- What will the market size and growth rate be in 2030?
- What are the key drivers of the global market?
- What are the key market trends impacting the growth of the global market?
- What are the market growth challenges?
- Who are the key vendors in the global market?
- What are the global market opportunities and challenges for sellers?
- What are the key findings of the global five-point analysis of the Personalized Gifts market?
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.
Global Personalized Gifts Market Segmentation:
Personalized Gifts Market By Types (Photo Personalized Gifts And Non-Photo Personalized Gifts); By Category (Bed & Bath, Clothing & Accessories, Frames & Albums, Home Décor, Jewelry, Stationery & Gift Cards, Bar & Wine, Kitchenware, Outdoor & Garden, Travel Gifts & Accessories, And Others); By Occasion (Anniversary, Birthday, Housewarming, Festivals, Wedding, Corporate & Group Events, Parties, And Others); By Recipient (Adult, Teen, And Kids); By End Users (Individuals And Corporate); By Distribution Channels (Online And Offline); By Region (North America (U.S., Canada, Mexico, & Rest Of North America), Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden & Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), & Rest Of Europe), Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore & Rest Of Southeast Asia), & Rest Of Asia Pacific), Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, & Rest Of Middle East & Africa) Latin America (Brazil, Argentina, & Rest Of Latin America)) – Global Insights, Growth, Size, Comparative Analysis, Trends And Forecast, 2022 – 2030
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