Dublin, Feb. 05, 2025 (GLOBE NEWSWIRE) — The “Gifts Retailing – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Gifts Retailing was valued at US$93.2 Billion in 2024 and is projected to reach US$111.4 Billion by 2030, growing at a CAGR of 3.0% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Several key factors are driving the rapid growth of the gift retailing market, including the rise of e-commerce, increased demand for personalized and experience-based gifts, evolving consumer behavior, and the influence of social media and digital marketing. First, the explosive growth of e-commerce platforms has significantly expanded the accessibility of gift retailing. Online shopping offers convenience, variety, and the ability to compare prices across multiple retailers, making it easier than ever for consumers to find the perfect gift. The introduction of features like personalized recommendations, gift wrapping services, and flexible delivery options has made online gift shopping even more attractive, fueling the overall growth of the market.
Second, the increasing demand for personalized gifts is a major driver of the gift retailing market. Consumers are shifting away from generic gifts in favor of more meaningful, customized options that resonate on a personal level. This trend is supported by advancements in manufacturing technologies, such as 3D printing and laser engraving, which allow retailers to offer customized products at scale. From monogrammed accessories to personalized artwork, the ability to tailor gifts has become a key selling point for many retailers, attracting a diverse customer base looking for unique and thoughtful options.
Third, the growing preference for experience-based gifts is transforming the market. As more consumers, particularly younger generations, prioritize experiences over material possessions, gift retailers have responded by offering a wide array of experiences as gifts, ranging from adventure trips to wellness retreats. Digital gift cards and subscription-based services for experiences like streaming platforms or fitness classes have become increasingly popular, allowing recipients to enjoy personalized experiences that align with their interests. This shift not only meets consumer preferences but also opens up new revenue streams for gift retailers.
The influence of social media and digital marketing is another critical factor driving the growth of the gift retailing market. Platforms like Instagram, Pinterest, and Facebook have become powerful tools for discovering and promoting gifts, with consumers increasingly turning to these platforms for inspiration. Influencer marketing and social media campaigns allow retailers to reach targeted audiences, while user-generated content, such as gift unboxing videos or product reviews, further drives consumer interest. Digital marketing techniques such as email campaigns, targeted ads, and seasonal promotions also help gift retailers engage with customers and increase sales during peak gifting seasons.
Finally, the rise of corporate gifting is contributing to market growth. Companies are investing in high-quality, personalized gifts for employees, clients, and business partners to strengthen relationships and enhance brand loyalty. This has led to an increasing demand for premium gifts, such as custom-made products, luxury gift sets, and branded merchandise, within the corporate sector. Corporate gifting is not only used for employee appreciation and client retention but also as a marketing tool, making it an important segment of the gift retailing market.
In conclusion, the gift retailing market is experiencing significant growth due to factors such as the expansion of e-commerce, rising demand for personalized and experience-based gifts, evolving consumer behavior, and the impact of social media. As gift retailers continue to innovate and adapt to changing consumer preferences, they will play a critical role in shaping the future of retail, offering personalized, meaningful, and convenient shopping experiences that cater to both individual and corporate buyers.
Report Scope
The report analyzes the Gifts Retailing market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.
Segments
Product (Souvenirs & Novelty Items, Seasonal Decorations, Greeting Cards, Giftware, Other Products).
Geographic Regions/Countries
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Souvenirs & Novelty Items segment, which is expected to reach US$41 Billion by 2030 with a CAGR of a 2.8%. The Seasonal Decorations segment is also set to grow at 3.0% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $25.1 Billion in 2024, and China, forecasted to grow at an impressive 5% CAGR to reach $21.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Affirmations Publishing House Pty Limited, Al Nasser Holdings LLC, ALBI Czech Republic as, Alperstein Designs Pty Ltd, Animate Co., Ltd. and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Questions Answered:
- How is the Global Gifts Retailing Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 156 major companies featured in this Gifts Retailing market report include:
- Affirmations Publishing House Pty Limited
- Al Nasser Holdings LLC
- ALBI Czech Republic as
- Alperstein Designs Pty Ltd.
- Animate Co. Ltd.
- Annabel Trends
- Apollo Wholesale
- Archies Ltd.
- Archway Cards
- Avanti Press, Inc.
Key Attributes
Report Attribute | Details |
No. of Pages | 301 |
Forecast Period | 2024-2030 |
Estimated Market Value (USD) in 2024 | $93.2 Billion |
Forecasted Market Value (USD) by 2030 | $111.4 Billion |
Compound Annual Growth Rate | 3% |
Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- Global Economic Update
- Gifts Retailing – Global Key Competitors Percentage Market Share in 2025
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2025
MARKET TRENDS & DRIVERS
- Growth in E-commerce and Online Gift Retailing Platforms
- Innovations in Personalization and Customization of Gifts Enhance Consumer Engagement
- Impact of Cultural and Festive Seasons on Gift Retailing Trends
- Expansion of Gift Card and E-voucher Markets
- Consumer Preferences for Eco-friendly and Sustainable Gift Options
- Market Opportunities in Corporate Gifting and Promotional Merchandise
- Trends in Experiential Gifting and Services as Gifts
- Expansion of Niche Markets in Handmade and Artisanal Gifts
For more information about this report visit https://www.researchandmarkets.com/r/qdw1us
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