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Apr 05, 2023 (The Expresswire) --The latest market research report on the Global "Personalized Gifts and Cards Market" is segmented by Regions, Country, Company and other Segments. The global Personalized Gifts and Cards market is dominated by key Players, such as [Hallmark Cards, CafePress, Card Factory, Things Remembered, Personalization Mall, Disney, Cimpress, Shutterfly, Funky Pigeon, American Stationery, Hallmark Licensing, Memorable Gifts, Etsy, Redbubble, Signature Gifts, The Original Gift Company, Zazzle, Personalised Memento Company] these players have adopted various strategies to increase their market penetration and strengthen their position in the industry. Stake holders and other participants in the global Personalized Gifts and Cards market will be able to gain the upper hand by using the report as a powerful resource for their business needs.
What is the Personalized Gifts and Cards market growth?
Personalized Gifts and Cards Market Size is projected to Reach Multimillion USD by 2030, In comparison to 2023, at unexpected CAGR during the forecast Period 2023-2030.
Browse Detailed TOC, Tables and Figures with Charts which is spread across 119 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.
Client Focus 1. Does this report consider the impact of COVID-19 and the Russia-Ukraine war on the Personalized Gifts and Cards market?
1. Does this report consider the impact of COVID-19 and the Russia-Ukraine war on the Personalized Gifts and Cards market?Yes. As the COVID-19 and the Russia-Ukraine war are profoundly affecting the global supply chain relationship and raw material price system, we have definitely taken them into consideration throughout the research, and in Chapters, we elaborate at full length on the impact of the pandemic and the war on the Personalized Gifts and Cards Industry
Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this Personalized Gifts and Cards Industry.
This research report is the result of an extensive primary and secondary research effort into the Personalized Gifts and Cards market. It provides a thorough overview of the market's current and future objectives, along with a competitive analysis of the industry, broken down by application, type and regional trends. It also provides a dashboard overview of the past and present performance of leading companies. A variety of methodologies and analyses are used in the research to ensure accurate and comprehensive information about the Personalized Gifts and Cards Market.
Which are the driving factors of the Personalized Gifts and Cards market?
Growing demand for [Offline Distribution Channel, Online Distribution Channel] around the world has had a direct impact on the growth of the Personalized Gifts and Cards
The Personalized Gifts and Cards segments and sub-section of the market are illuminated below:
Based on Product Types the Market is categorized into [Decoration, Wearables and Accessories, Kitchen and Tableware, Food and Beverage, Sports and Toys, Greeting Cards] that held the largest Personalized Gifts and Cards market share In 2022.
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Personalized Gifts and Cards Market - Competitive and Segmentation Analysis:
2.How do you determine the list of the key players included in the report?
With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.
Short Description About Personalized Gifts and Cards Market:
The Global Personalized Gifts and Cards market is anticipated to rise at a considerable rate during the forecast period, between 2022 and 2030. In 2021, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Market Analysis and Insights: Global Personalized Gifts and Cards Market
Due to the COVID-19 pandemic, the global Personalized Gifts and Cards market size is estimated to be worth USD million in 2022 and is forecast to a readjusted size of USD million by 2028 with a CAGR of Percent during the review period. Fully considering the economic change by this health crisis, Decoration accounting for Percent of the Personalized Gifts and Cards global market in 2021, is projected to value USD million by 2028, growing at a revised Percent CAGR in the post-COVID-19 period. While Offline Distribution Channel segment is altered to an Percent CAGR throughout this forecast period.
China Personalized Gifts and Cards market size is valued at USD million in 2021, while the US and Europe Personalized Gifts and Cards are USD million and USD million, severally. The proportion of the US is Percent in 2021, while China and Europe are Percent and Percent respectively, and it is predicted that China proportion will reach Percent in 2028, trailing a CAGR of Percent through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR Percent, Percent, and Percent respectively for the next 6-year period. As for the Europe Personalized Gifts and Cards landscape, Germany is projected to reach USD million by 2028 trailing a CAGR of Percent over the forecast period.
The global key manufacturers of Personalized Gifts and Cards include Hallmark Cards, CafePress, Card Factory, Things Remembered, Personalization Mall, Disney, Cimpress, Shutterfly and Funky Pigeon, etc. In 2021, the global top five players have a share approximately Percent in terms of revenue.
Global Personalized Gifts and Cards Scope and Segment
Personalized Gifts and Cards market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Personalized Gifts and Cards market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
3.What are your main data sources?Both Primary and Secondary data sources are being used while compiling the report.
Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users. Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2017-2027) of the following regions are covered in Chapters:
● North America (United States, Canada and Mexico)
● Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
● Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
● South America (Brazil, Argentina, Columbia etc.)
● Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
This Personalized Gifts and Cards Market Research/Analysis Report Contains Answers to your following Questions
● What are the global trends in the Personalized Gifts and Cards market? Would the market witness an increase or decline in the demand in the coming years?
● What is the estimated demand for different types of products in Personalized Gifts and Cards? What are the upcoming industry applications and trends for Personalized Gifts and Cards market?
● What Are Projections of Global Personalized Gifts and Cards Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
● Where will the strategic developments take the industry in the mid to long-term?
● What are the factors contributing to the final price of Personalized Gifts and Cards? What are the raw materials used for Personalized Gifts and Cards manufacturing?
● How big is the opportunity for the Personalized Gifts and Cards market? How will the increasing adoption of Personalized Gifts and Cards for mining impact the growth rate of the overall market?
● How much is the global Personalized Gifts and Cards market worth? What was the value of the market In 2020?
● Who are the major players operating in the Personalized Gifts and Cards market? Which companies are the front runners?
● Which are the recent industry trends that can be implemented to generate additional revenue streams?
● What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Personalized Gifts and Cards Industry?
Customization of the Report
Can I modify the scope of the report and customize it to suit my requirements?
Yes. Customized requirements of multi-dimensional, deep-level and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus to win them sufficient time and space for market competition.
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Detailed TOC of Global Personalized Gifts and Cards Market Insights and Forecast to 2030
Major Points from Table of Contents
Global Personalized Gifts and Cards Market Research Report 2023-2030, by Manufacturers, Regions, Types and Applications
1.1 Objective of the Study
1.2 Definition of the Market
1.3 Market Scope
1.3.1 Market Segment by Type, Application and Marketing Channel
1.3.2 Major Regions Covered (North America, Europe, Asia Pacific, Mid East and Africa)
1.4 Years Considered for the Study (2015-2030)
1.5 Currency Considered (U.S. Dollar)
2 Key Findings of the Study
3 Market Dynamics
3.1 Driving Factors for this Market
3.2 Factors Challenging the Market
3.3 Opportunities of the Global Personalized Gifts and Cards Market (Regions, Growing/Emerging Downstream Market Analysis)
3.4 Technological and Market Developments in the Personalized Gifts and Cards Market
3.5 Industry News by Region
3.6 Regulatory Scenario by Region/Country
3.7 Market Investment Scenario Strategic Recommendations Analysis
4 Value Chain of the Personalized Gifts and Cards Market
4.1 Value Chain Status
4.2 Upstream Raw Material Analysis
4.3 Midstream Major Company Analysis (by Manufacturing Base, by Product Type)
4.5 Downstream Major Customer Analysis (by Region)
5 Global Personalized Gifts and Cards Market-Segmentation by Type
6 Global Personalized Gifts and Cards Market-Segmentation by Application
7 Global Personalized Gifts and Cards Market-Segmentation by Marketing Channel
7.1 Traditional Marketing Channel (Offline)
7.2 Online Channel
8 Competitive Intelligence Company Profiles
9 Global Personalized Gifts and Cards Market-Segmentation by Geography
9.1 North America
9.4 Latin America
9.5 Middle East and Africa
10 Future Forecast of the Global Personalized Gifts and Cards Market from 2023-2030
10.1 Future Forecast of the Global Personalized Gifts and Cards Market from 2023-2030 Segment by Region
10.2 Global Personalized Gifts and Cards Production and Growth Rate Forecast by Type (2023-2030)
10.3 Global Personalized Gifts and Cards Consumption and Growth Rate Forecast by Application (2023-2030)
12.2 Research Data Source
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The Personalized Gifts market in the U.S. is estimated at US$9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$8.2 Billion by the year 2030 trailing a CAGR of 5.3% over the analysis period 2022 to 2030.What is the personalized gift industry? ›
Personalized gifts are given based on the other person's likes and interests, allowing consumers to materialize their relationship through gifts.
The personal gifts market alone was estimated at £19 billion during 2020, despite the drastic changes brought by the Covid-19 pandemic. The market for personalised gifts is expected to grow at a rate of 7.7% between now and 2027 to reach an estimated value of almost £32 billion.Do people like personalized gifts? ›
They have become a huge contender in gift-giving, and it's no surprise why. “The thought and care you put into a personalized gift are what truly matters. It will have a special impact on the recipient, more than any other gift in the world, because it came straight from your heart to theirs.”Is the gift industry growing? ›
Personalized gift industry statistics
A 2021 report by Research and Markets estimated that the global personalized gift industry will reach a value of $43.3 billion by 2027.
A personalized gift is truly special because it's one-of-a-kind. It's thoughtful, and warm and remembers the recipient in a meaningful way — something that can't be replicated. Plus, when you give someone something that was created just for them, you're also acknowledging their unique personality and preferences.Who buys personalized products? ›
It depends on what they have a market for and each one is different in that respect. A few I have sold to over the years include gift shops, sporting goods stores, picture framers, sign shops and other people in the personalization, engraving and awards businesses.What is the importance of personalized gift? ›
Personalised gifts celebrate personal relationships.
A customized gift serves as a gesture of affection, love, and gratitude in a remarkable way that shows the receiver that they are adored and acknowledged for the special place they hold in your life.
Even when shopping for others, it seems consumers use their personal preferences as inspiration when choosing the perfect gift, with nearly three quarters (72 percent) agreeing that they give gifts they would like to receive themselves.How many gift shops are there in the US? ›
There are 58,662 Gift Shops & Card Stores businesses in the US as of 2023, an increase of 1.2% from 2022.
A study of 2,772 adults across the UK for Oxfam revealed that a third of people put unwanted gifts away out of sight, with 14% only fishing them out if the giver comes round. 10% of people throw unwanted gifts away, and 6% hand them back.Do people want handmade gifts? ›
Handmade Gifts Provide A Feel-Good Vibe
In addition, a handmade gift lets someone feel extra special because rather than giving a store-bought present, you chose to put your time creating something. Without a doubt, the person who will receive it will feel nothing but good vibes.
As a general rule, gifts that are intended to be put on the recipient's body—such as perfume, lotion, clothes, or jewelry—are too personal to give to work colleagues. Gag gifts should also be avoided because they can be hit or miss, especially if you don't know the recipient that well.Do people like gift cards as gifts? ›
People prefer gift cards over presents
But this couldn't be further from the truth. A gift card is one of the most thoughtful and personal presents there is – it's saying to that someone that you appreciate them, and you want to gift them something.
The gift card industry in Global will continue to grow over the forecast period and is expected to record a CAGR of 6.9% during 2023-2027. Global Gift card market will increase from US$ 472,764.8 million in 2022 to reach US$ 668,465.5 million by 2027.What is the demand for gift cards? ›
The demand for gift cards is rising due to the increase in smartphone penetration and internet facilities around the world that provides customers with flexible and convenient payment options. According to the study of the World Population Review data in 2022, around 69% of the world's population which accounts for 4.What are the gifting trends in 2023? ›
In conclusion, the top branded gift trends to watch in 2023 are personalisation, sustainability, experience gifts, technology gifts, and affordable luxury gifts. As consumers continue to look for gifts that are meaningful, unique, and environmentally friendly, these trends are likely to continue to grow in popularity.Why do people want gifts? ›
We often give gifts to re-confirm or establish our connection with others, which means that they're a reflection of both the giver and the receiver, as well as their unique relationship. Giving a gift to someone we care about allows us to communicate our feelings and appreciation for them.Is giving gifts manipulation? ›
Humans are strongly reciprocal in nature. Healthy relationships are built on giving and getting in return. A gulf in reciprocity creates a power imbalance. This is why gifts are a common tool for manipulation.Can a gift be too personal? ›
Don't: Be too personal
A gift that is too personal or intimate can make someone uncomfortable, says Salemi. “Nothing should be exchanged that would make the other person uncomfortable, and if you're unsure, the fact that you're questioning it means there's probably a reason for it,” she explains.
As of 2022, the personalization market is healthy and growing at a solid rate. According to 360i Research, the global personalization software market was estimated to be $764.30 million in 2021 and is expected to reach $943.25 million in 2022, at a CAGR of 23.58 percent to reach $2.72 billion by 2027.What is the difference between customized and personalized gifts? ›
Personalization is the action of creating or modifying an item using customer data to meet an individual's needs. Customization is when the customer manually makes changes to the item to meet their needs or requirements.How many people prefer customized products? ›
50% of consumers believe customized products make great gifts. Simply personalizing a gift by adding a name or short message certainly makes it more thoughtful.What is the meaning of personal gift? ›
Personal Gift means something given from one individual to another, with the intention of creating or enhancing a personal relationship.How profitable are gift shops? ›
Are gift shops profitable? Gift stores are very lucrative since merchandise markups on average range from 100 to 250 percent as opposed to 50% or less in other industries.Who owns the Personalised gift shop? ›
Laurence Gude - Founder - The Personalised Gift Shop Pty Ltd | LinkedIn.Who is the target audience for corporate gifting? ›
The target audience are classified as consumers, customers, partners, influencers, employees and associates. Once you get clarity on each profile then you create a budget depending on their role and importance. The budget helps to identify various product choices available within that price range.Do gift cards make a profit? ›
Unused gift cards are big business
Our research suggests as much as 77% of Gen Zers have unused gift cards. And considering any unused money on these counts as 100% profit for your business, even unused products aren't a lost opportunity.
If you want to boost your revenue, build meaningful relationships with your customers, increase traffic, and grow your business; gift cards are one of the best ways to get started. They're extremely cost-effective to produce and the potential revenue you can earn makes them vital to a growing business.Is selling gift cards revenue? ›
Financially speaking, a gift card is essentially an interest-free loan from the consumer to your company. From a revenue recognition perspective, the funds received from customers amount to deferred revenue (a liability).
- Benchtop Engravers.
- Laser Engravers.
- Rotary Engravers + Impact Printers.
- Impact & Laser Decorators.
- Lay out your business plan. ...
- Design a business logo and come up with a name. ...
- Locate a home for your business. ...
- Purchase necessary supplies and equipment. ...
- Create a buzz around your business.
Marc Baglio - Co-Owner - The Vatican Gift Shop | LinkedIn.Why do people want personalized products? ›
Personalization allows customers to adjust the product before it is produced, while companies save thousands on samples and photoshoots. Product customization and on demand manufacturing has made a stand in the e-Commerce market and has caught the attention of major e-tailers, like Farfetch and Nordstrom.