Gifts Retailing Market to increase by USD 13.49 billion between 2022 to 2027, Aldi Stores Ltd., Alibaba Group Holding Ltd., Amazon.com Inc., and more among key companies - Technavio

NEW YORK, Sept. 24, 2023 /PRNewswire/ -- The gifts retailing market size is expected to grow by USD 13.49 billion from 2022 to 2027. In addition, the growth momentum of the market will progress at a CAGR of 3.01% during the forecast period, according to Technavio. The rise in demand for seasonal decorations and growing gifting culture is notably driving the gifts retailing market. However, factors such as pricing pressures due to the fierce market competition may impede market growth. The market is segmented by Distribution Channel (Offline and Online), Product (Souvenirs and novelty items, Seasonal decorations, Greeting cards, Giftware, and Other gift items), and Geography (Europe, North America, APAC, South America, and Middle East and Africa). We provide a detailed analysis of 20 companies operating in the gifts retailing market, including  Aldi Stores Ltd., Alibaba Group Holding Ltd., Amazon.com Inc., American Greetings Corp., Bed Bath and Beyond Inc., Card Factory Plc, Costco Wholesale Corp., Enesco LLC, Ferns N Petals Pvt. Ltd., Hallmark Card Inc., House of Fraser Ltd., Loop Commerce Inc., Macy's Inc., My Pet Gift Box Ltd, Penney OpCo LLC, Shutterfly Inc., Spencer Gifts LLC, The Walt Disney Co., Walmart Inc., and Williams Sonoma Inc. The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request a Sample Report.

Gifts Retailing Market 2023-2027: Company Analysis

Aldi Stores Ltd. - The company offers solutions for gift retailing that include action toys, branded toys, dolls and dollhouses, and other electric toys. This report provides a full list of key companies, their strategies, and the latest developments. Buy Now for detailed company information

Gifts Retailing Market 2023-2027: Segmentation

Distribution Channel

• The offline segment will account for a significant share of the market growth during the forecast period. This segment includes specialty retail stores, hypermarkets, supermarkets, convenience stores, department stores, and other retail formats. Vendors that offer gift products are expanding their store operations at different locations. Extensive and innovative marketing in offline channels will further propel the growth of the offline distribution channel segment during the forecast period. Vendors are also coming up with new retail strategies. For instance, Card Factory Plc operates its stores in different locations, including small towns and major cities. These factors will propel the growth of the offline distribution channel segment during the forecast period.
• Other segments include products (souvenirs and novelty items, seasonal decorations, greeting cards, giftware, and other gift items)

Geography 

• Europe is projected to account for 39% of the market's growth during the forecast period.

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a PDF Sample Report

FAQS

• How do the major trends impact the market?
• How big is the Europe market?
• How do the key drivers and challenges impact the market?

Related Reports:

The Global Gift Card Market size is estimated to grow by USD 843.11 billion between 2022 and 2027 accelerating at a CAGR of 12.87%. This gift card market research report extensively covers market segmentation by type (e-gifts cards and physical gift cards), distribution channel (offline and online), and geography (APAC, North America, Europe, Middle East and Africa, and South America). An increase in the gifting culture is a key factor driving the global digital gift cards market growth. 

The personalized gifts market is estimated to grow at a CAGR of 7.85% between 2022 and 2027. The size of the market is forecast to increase by USD 13,011.27 million. This report extensively covers market segmentation by distribution channel (online and offline), product (non-photo personalized gifts and photo personalized gifts), and geography (APAC, North America, Europe, Middle East, and Africa, and South America). The continuous development of new products is notably driving the personalized gifts market growth. 

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by Distribution Channel

Market Segmentation by Product

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

SOURCE Technavio

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