Personalized Gifts Market To Reach USD 51.37 Bn At A CAGR Of 8.5 Percent Over The Forecast Period (2024-2030)
"Personalized Gifts Market"Personalized Gifts market is segmented based on Product Type, End Users and Distribution Channel. A bottom-up approach was used to estimate the Personalized Gifts Market size. Changing consumer behaviour to boost the Personalized Gifts Market growth.
Stellar Market Research, a global Consumer Goods market research firm has published a competitive intelligence and market research report on the“ Personalized Gifts Market ”. The Personalized Gifts Market size was valued at USD 29.02 Bn in 2023. The total Personalized Gifts Market revenue is expected to grow at a CAGR of 8.5 percent from 2023 to 2030, reaching USD 51.37 Bn during the forecast period.
Market Size in 2023
USD 29.02 Bn.
Market Size in 2030
USD 51.37 Bn.
CAGR
8.5 percent (2024-2030 )
Forecast Period
2024-2030
Base Year
2023
Number of Pages
266
No. of Tables
124
No. of Charts and Figures
115
Segment Covered
By Type, End User and Distribution Channel
Regional Scope
North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage
Market Share, Size & Forecast by Revenue | 2022−2029, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, SMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.
Personalized Gifts Market Scope and Research Methodology
The report includes a detailed analysis of the Personalized Gifts Market. The competitive analysis in the report includes a company overview, financial performance, product portfolio, and strategies of the key players in the Personalized Gifts industry. Key insights provided in the report are the major drivers of the Market, the challenges faced by the market participants, and growth prospects in the Market across the world. The Personalized Gifts Market report covers a detailed analysis of the investments of market players to increase their global presence in the industry, which makes it an investor's guide.
The segments covered in the report are Type, Application, Nature, and Distribution Channel. Primary and Secondary research method was used to collect data for the Personalized Gifts market report. Primary research was conducted to validate the findings from the secondary research method.
Personalized Gifts Market Overview
Personalized gifts are items customized with names, dates, photos, or special messages to make them unique and personalised to the recipient. The personalized gifts market is a dynamic sector witnessing significant growth and revenue generation. Research objectives in this market focus on understanding consumer preferences, trends, and the impact of customization on purchasing behaviour. The market is growing significantly, driven by advancement technology in Personalized Gifts such as 3D Printings, laser engraving digital printings. With the collection of personal information for customization purposes, ensuring data security and privacy is critical. are challenging factors to the Personalized Gifts Market. Collaborating with influencers, brands, and corporate clients help personalized gift businesses reach new audiences and develop their customer base. Overall, the personalized gifts market thrives on innovation, customer-centricity, and strategic market penetration to drive continuous growth and meet evolving consumer demands.
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Growing Consumer Demands for Unique and Meaningful Gifts
The personalized gifts market is experiencing significant growth driven by growing consumer demands for unique and meaningful gifts. Consumers are increasingly seeking personalized gifts that cater to their distinct preferences and allow them to express sentiments in a special way. This trend is reflected in the market's expansion, with businesses focusing on broadening their product portfolios to offer novel variations of gifts suitable for various occasions and festivals. The rising prompting businesses to tap into the trend by providing a diverse range of personalized gifts through different channels like shops, online platforms, and gift shows.
Europe region to witness Personalized Gifts market significant growth over the forecast period
Europe has dominated the Personalized Gifts Market, which held the largest market share accounting for 51.30% in 2023 and maintains its dominance. European consumers are appreciate the craftsmanship and attention to detail in personalized gifts.
It aligns with the region's reputation for quality craftsmanship in areas such as artisanal goods, luxury products, and bespoke services. The e-commerce that fastest drives the Personalized
Gift Market. Easy online access to customization tools and a wider variety of personalized products make it much more convenient for European consumers. countries have been quick to adopt and incorporate innovative technologies into the personalized gifts market.
Personalized Gifts Market Segmentation
By Type
- Photo Personalized Gifts Photo Albums Calendars Phone Cases Non-Photo Personalized Gifts Engraved Jewellery Customized mugs
By End Users
- Men's Women's Kid's
By Distribution Channel
- Online Offline
Personalized Gifts Market key players include
- Etsy (New York) Amazon (U.S.) Shutterfly (California) Personalization Mall (U.S.) Things Remembered (U.S.) Minted (California) Personal Creation (California) Moonping (U.K.) Zazzle (California) Red bubble (Australia) Hallmark Cards (U.S) Archies Limited (India) Cafe Press (California) Card Factory (U.K) American Greetings Corporation (U.S.) Spencer Gifts (New Jersey) IGP Gifts (Mumbai,India) Signature Gifts (Coimbatore,India)
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Key questions answered in the
Personalized Gifts Market are:
- What are the Personalized Gifts Markets? What was the Personalized Gifts market size in 2023? Which region held the largest share of the Personalized Gifts market? What is the expected Personalized Gifts market size by 2030? What is the growth rate of the Personalized Gifts Market? Which are the factors expected to drive the Personalized Gifts market growth? Which segment dominated the Personalized Gifts market growth? What is the demand pattern for the Personalized Gifts market? Who are the key players in the Personalized Gifts market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022) Past Pricing and price curve by region (2018 to 2022) Market Size, Share, Size & Forecast by Different Segments | 2023−2030 Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region Market Segmentation – A detailed analysis By Type, End User and Distribution Channel Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player Competitive benchmarking of key players by region
Stellar Market Research is leading Consumer Goods & Services firm, has also published the following reports:
Luxury Jewellery Market :
The total market size was valued at USD 51.2 BN in 2023 and is expected to reach USD 84.2 Bn by 2030, at a CAGR of 7.9 percent. changing consumer behaviour and emerging trends, leading jewelry manufacturers to constantly innovate is driving the market growth.
Gift Cards Market :
The total market size was valued at USD 980.52 Bn. in 2023 and the total market revenue is expected to grow by 17.4 percent from 2024 to 2030, reaching USD 151.13 Bn. The increasing demand for digital gifting solutions, the rising preference for experiences over material gifts is growing the Gift cards Market.
About Stellar Market Research:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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