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With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renew phases. As per Technavio's pandemic-focused market research, market growth is likely to decrease as compared to 2019.
This post-pandemic business planning research will aid clients to:
- Adjust their strategic planning to move ahead once business stability kicks in.
- Build Resilience by making effective resource and investment choices for individual business units, products, and service lines.
- Conceptualize scenario-based planning to mitigate future crisis situations.
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
Major Three Personalized Gifts Market in the US Participants:
American Greetings Corp.
American Greetings Corp. offers key products such as Dog Add-A-Photo and Bird Beak Add-A-Photo.
Bed Bath & Beyond Inc.
Bed Bath & Beyond Inc. offers key products such as Wallverbs Baby Love Personalized Hanging Picture Frame Set and Moon & Stars Embroidered Baby Boy Blanket.
Enesco LLC
Enesco LLC offers personalized gifts, which include sports equipment, kitchenware, and others. The company offers personalized gifts under its Things Remembered brand.
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Personalized Gifts Market in the US 2020-2024: Segmentation
The personalized gifts market in the US is segmented as below:
- Product
- Photo Personalized Gifts
- Non-photo Personalized Gifts
- Distribution channel
The personalized gifts market in the US is driven by the advent of gift-giving culture. In addition, the rise in the popularity of 3D printed personalized products is expected to trigger the personalized gifts market in the US toward witnessing a CAGR of almost 4% during the forecast period.
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Related Report on Consumer Staples Include:
Global Gifts Retailing Market- The gifts retailing market is segmented by product (souvenirs and novelty items, seasonal decorations, greeting cards, giftware, and other gift items) and geography (Europe, North America, APAC, South America, and MEA).
Download FREE Sample Report
Global Personalized Gifts Market- The personalized gifts market is segmented by product (non-photo personalized gifts and photo personalized gifts), distribution channel (offline and online), and geography (APAC, Europe, MEA, North America, and South America).
Download FREE Sample Report
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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