Personalized Gifts Market Analysis, Size Analytical Overview, Growth Factors, Trends and Forecast to 2027
Market
Overview
The
Personalized Gifts Market Analysis is predicted to register a CAGR of 5.6%
during the 2018 to 2026 forecast period. A market research report predicts a
US$34,305.8 million valuation of the market by 2026. The growth is anticipated
to be supported by the increasing trend of gift exchange. Based on the report,
a rise in the disposable income will drive growth in the market in the coming
years till 2026. However, the unorganized retail sector will negatively affect
the Personalized Gifts Market’s growth. The high cost associated is anticipated
to be another factor which could turn out to be a threat to companies during
2018 to 2026. The market report based on primary and secondary data reveals
that distribution channels, product type, and end-users segments will witness a
healthy growth till 2026. While the increasing disposable income will support
the market during the forecast period and the increasing spending power will
also help the market globally, the growth could be affected by the weak supply
chain which could hinder business activities. Supply chain related constraints
are also expected to be responsible for stalled market growth till 2026.
Industry
News
Virgin
Experience Days, a UK-based gift experience provider, will buy Cloud 9 Living's
entire US service. The two brands are industry leaders in their respective
domestic gift experience sectors, with Virgin Experience Days seeing the
purchase as a stepping stone for further penetration into a $1 billion US gift
experience category with considerable space for innovation. Cloud 9 Living would
be renamed as Virgin Experience Gifts in the United States as part of the
Virgin family. Deeper penetration into some US geographies is planned, as well
as an expansion of the product line and the introduction of exclusive and
unique experiences which have already distinguished the concept in the UK.
Regional
Overview
The
Personalized Gifts Market Analysis,
apart from the product and service related segments, is spread across the
world. The regional markets of personalized gifts covered in the report are
North America, Europe, Asia-Pacific, the Middle East and Africa as well as the
rest of the world. Cross-cultural festivals and celebrations are set to be a key
growth factor for businesses active in the personalized gifts space. The market
across North America is segmented into the United States, Mexico, Canada, and
others. Regional markets in the personalized gifts sector across the European
market are segmented into Germany, Italy, the United Kingdom, and France. The
market in the APAC region is segmented into India, China, Japan, and others.
Personalized gifts based businesses across the world will be supported by the
growing demand for innovative products during the forecast period 2018 to 2026.
However, the growth could be hindered by the easy availability of alternative
products. The market is also segmented into the Middle East and Africa regions
among others.
Market
Segmentation
The
Personalized Gifts Market Analysis is categorized into smaller segments such as
distribution channels, product type, and end-users in order to analyze the
market. The distribution channels, product type, and end-users segments are
then categorized further. The distribution channels segment is categorized into
store-based (convenience stores, specialty stores, supermarkets &
hypermarkets, and others) and non-store-based (direct and indirect) . Analysts
have studied these sub segments. Based on product type, the global market is
further segmented into personalized accessories, personalized chocolates &
chocolate platters, personalized clothing, personalized diaries & desk
accessories, personalized gifts for kids, personalized photo frames, wall
decoration, and others. Based on the study of these segments, analysts have
shared market forecasts. On the basis of end-users, the market is segmented
into smaller segments including kids, men, unisex, and women.
Globalization
and acceptance of cross-cultural festivals will drive growth in the market
during the forecast period 2018 to 2026. Across all the segments including
distribution channels, product type, and end-users, the global market for
personalized gifts will witness a healthy growth. However, factors such as the
low demand from developing countries could become a threat to the market’s
growth. Economic activities surrounding the personalized gifts sector will also
get benefitted from shifting trends in the consumer market. Businesses across
personalized gifts have been thoroughly studied and analyzed by personalized
gifts industry’s expert researchers. Findings have been published in the Personalized
Gifts Market Analysis research report with forecasts till 2026.
Access Report Details @ https://www.marketresearchfuture.com/reports/personalized-gifts-market-10348
Personalized gifts based companies have
been studied and profiled in the market research report. The Personalized Gifts
Market Analysis along with its segments and key players has been studied.
Personalized gifts business analysis is done to identify competitors and their
strategies. The global Personalized Gifts Market Analysis research report
covers core values, strengths and other key factors about personalized gifts
related companies. Competitors to help comprehend their mission, vision, core
values, niche market, strengths, and weaknesses. The increasing preference of
consumers towards gift giving is set to help the market during the forecast
period 2018 to 2026. The market is anticipated to reach a higher valuation of
US$34,305.8 million with a CAGR of 5.6%. However, the emergence of digital
gifts will prove to be affecting the Personalized Gifts Market Analysis.
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