NEW YORK, March 30, 2023 /PRNewswire/ -- The personalized gifts market is estimated to grow by USD 13,011.27 million from 2022 to 2027. The growth momentum will progress at a CAGR of 7.85% during the forecast period. The market is segmented 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 market share growth by the online segment will be significant for the personalized gifts market growth during the forecast period. E-commerce enables customers to access regional and global brands of personalized gifts. The significant rise in the number of e-commerce vendors across the world is fueled by the increased global penetration of smartphones. The various types of e-commerce portals that offer personalized gifts include brand-owned online formats and pure-play e-retailers. The sales of personalized gifts through online channels are expected to increase significantly during the forecast period due to the growing trend of online retailing. The continuous development of new products notably drives the personalized gifts market growth. Vendors operating in the market focus on expanding their product lines by launching new variants of personalized gifts. They try to develop new products with innovative personalization options to meet the unique needs of their customers like personalized gifts for festivals or occasions. Hence, the increasing availability of new types of personalized gifts encourages more customers to buy them. Discover some insights on market size historic period (2017 to 2021) and forecast market data (2023-2027) before buying the full report - Request a sample report
Personalized gifts market Insights -
- Vendors: 15+, Including American Greetings Corp., American Stationery Co. Inc., Bed Bath and Beyond Inc., Card Factory Plc, Chococraft Creations Pvt. Ltd., Cimpress Plc, Dezains Inc., Enesco LLC, Etsy Inc., Fat Brain Toys LLC., Ferns N Petals Pvt. Ltd., funkypigeon.com Ltd., Godiva Chocolatier Inc., Hallmark Card Inc., manuBIMsoft Ltd., My Pet Gift Box Ltd, Personal Creations, Shutterfly Inc., UncommonGoods LLC, and Zazzle Inc. among others
- Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
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Personalized gifts market - Vendor Insights
There are several players in the global personalized gifts market, but it is dominated by a few well-established players, including American Greetings Corp., Bed Bath and Beyond Inc., Card Factory Plc, Cimpress NV, and others. The major market players focus on developing innovative products for customers whereas the established vendors have started acquiring smaller and regional players to help them expand their global reach.
Personalized Gifts Market – Market Dynamics
Major Trends -
The primary trend that fuels the market growth for personalized gifts is the expansion activities by vendors offering personalized gifts. The growing popularity of personalized gifts among end-users encourages vendors to adopt strategies to increase the reach and sales of their products. To meet the growing end-user demand, vendors focus on increasing sales and customer base through expansions. They expand by opening new retail outlets, establishing an online presence, and entering into agreements with various online and offline retailers. Some vendors also try to expand company-owned retail stores, which are anticipated to increase the availability of these products at more locations and increase their sales. This, in turn, will lead to the accelerated growth momentum of the market during the forecast period.
Key challenges -
The seasonal nature of the market is a primary challenge that may impede the personalized gifts market growth. The sales of personalized gift products reach a peak only during certain times of the year, which are limited. The personalized gift purchasing patterns may vary among customers based on the occasion or festive season. Hence, market vendors need to update their existing personalized gift portfolios or develop new products in their personalized gift product lines. Vendors need to maintain sufficient stocks of personalized gifts or have a proper place or facility where they can personalize gifts within a limited time. Hence, issues associated with the seasonal nature of gifts, including personalized gifts, negatively affect the potential profitability of vendors. This is expected to hinder the growth of the global personalized gifts market during the forecast period.
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What are the key data covered in this Personalized Gifts Market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the personalized gifts market between 2023 and 2027
- Precise estimation of the size of the personalized gifts market and its contribution to the market with a focus on the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the personalized gifts market across North America, Europe, APAC, South America, and Middle East and Africa
- A thorough analysis of the market's competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of personalized gifts market vendors
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Personalized Gifts Market Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.85% |
Market growth 2023-2027 |
USD 13,011.27 million |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
6.85 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 32% |
Key countries |
US, Canada, China, Germany, and UK |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
American Greetings Corp., American Stationery Co. Inc., Bed Bath and Beyond Inc., Card Factory Plc, Chococraft Creations Pvt. Ltd., Cimpress Plc, Dezains Inc., Enesco LLC, Etsy Inc., Fat Brain Toys LLC., Ferns N Petals Pvt. Ltd., funkypigeon.com Ltd., Godiva Chocolatier Inc., Hallmark Card Inc., manuBIMsoft Ltd., My Pet Gift Box Ltd, Personal Creations, Shutterfly Inc., UncommonGoods LLC, and Zazzle Inc. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Browse for Technavio Consumer Staples market reports
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global personalized gifts market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global personalized gifts market 2017 - 2021 ($ million)
- 4.2 Distribution Channel Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ million)
- 4.3 Product Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Distribution Channel
- 6.1 Market segments
- Exhibit 30: Chart on Distribution Channel - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Distribution Channel - Market share 2022-2027 (%)
- 6.2 Comparison by Distribution Channel
- Exhibit 32: Chart on Comparison by Distribution Channel
- Exhibit 33: Data Table on Comparison by Distribution Channel
- 6.3 Online - Market size and forecast 2022-2027
- Exhibit 34: Chart on Online - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Online - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Online - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Online - Year-over-year growth 2022-2027 (%)
- 6.4 Offline - Market size and forecast 2022-2027
- Exhibit 38: Chart on Offline - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Offline - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Offline - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Distribution Channel
- Exhibit 42: Market opportunity by Distribution Channel ($ million)
7 Market Segmentation by Product
- 7.1 Market segments
- Exhibit 43: Chart on Product - Market share 2022-2027 (%)
- Exhibit 44: Data Table on Product - Market share 2022-2027 (%)
- 7.2 Comparison by Product
- Exhibit 45: Chart on Comparison by Product
- Exhibit 46: Data Table on Comparison by Product
- 7.3 Non-photo personalized gifts - Market size and forecast 2022-2027
- Exhibit 47: Chart on Non-photo personalized gifts - Market size and forecast 2022-2027 ($ million)
- Exhibit 48: Data Table on Non-photo personalized gifts - Market size and forecast 2022-2027 ($ million)
- Exhibit 49: Chart on Non-photo personalized gifts - Year-over-year growth 2022-2027 (%)
- Exhibit 50: Data Table on Non-photo personalized gifts - Year-over-year growth 2022-2027 (%)
- 7.4 Photo personalized gifts - Market size and forecast 2022-2027
- Exhibit 51: Chart on Photo personalized gifts - Market size and forecast 2022-2027 ($ million)
- Exhibit 52: Data Table on Photo personalized gifts - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Chart on Photo personalized gifts - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on Photo personalized gifts - Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by Product
- Exhibit 55: Market opportunity by Product ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 57: Chart on Market share by geography 2022-2027 (%)
- Exhibit 58: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 59: Chart on Geographic comparison
- Exhibit 60: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2022-2027
- Exhibit 61: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 62: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 63: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 64: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 APAC - Market size and forecast 2022-2027
- Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.6 South America - Market size and forecast 2022-2027
- Exhibit 73: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 74: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 75: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 82: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 83: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 China - Market size and forecast 2022-2027
- Exhibit 85: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 86: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 87: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.10 Germany - Market size and forecast 2022-2027
- Exhibit 89: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 90: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 91: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.11 UK - Market size and forecast 2022-2027
- Exhibit 93: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 94: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 95: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.12 Canada - Market size and forecast 2022-2027
- Exhibit 97: Chart on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 98: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 99: Chart on Canada - Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on Canada - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 101: Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 102: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 103: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 104: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 105: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 106: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 107: Matrix on vendor position and classification
- 12.3 American Greetings Corp.
- Exhibit 108: American Greetings Corp. - Overview
- Exhibit 109: American Greetings Corp. - Product / Service
- Exhibit 110: American Greetings Corp. - Key offerings
- 12.4 American Stationery Co. Inc.
- Exhibit 111: American Stationery Co. Inc. - Overview
- Exhibit 112: American Stationery Co. Inc. - Product / Service
- Exhibit 113: American Stationery Co. Inc. - Key offerings
- 12.5 Bed Bath and Beyond Inc.
- Exhibit 114: Bed Bath and Beyond Inc. - Overview
- Exhibit 115: Bed Bath and Beyond Inc. - Product / Service
- Exhibit 116: Bed Bath and Beyond Inc. - Key news
- Exhibit 117: Bed Bath and Beyond Inc. - Key offerings
- 12.6 Card Factory Plc
- Exhibit 118: Card Factory Plc - Overview
- Exhibit 119: Card Factory Plc - Business segments
- Exhibit 120: Card Factory Plc - Key offerings
- Exhibit 121: Card Factory Plc - Segment focus
- 12.7 Chococraft Creations Pvt. Ltd.
- Exhibit 122: Chococraft Creations Pvt. Ltd. - Overview
- Exhibit 123: Chococraft Creations Pvt. Ltd. - Product / Service
- Exhibit 124: Chococraft Creations Pvt. Ltd. - Key offerings
- 12.8 Cimpress Plc
- Exhibit 125: Cimpress Plc - Overview
- Exhibit 126: Cimpress Plc - Business segments
- Exhibit 127: Cimpress Plc - Key offerings
- Exhibit 128: Cimpress Plc - Segment focus
- 12.9 Dezains Inc.
- Exhibit 129: Dezains Inc. - Overview
- Exhibit 130: Dezains Inc. - Product / Service
- Exhibit 131: Dezains Inc. - Key offerings
- 12.10 Etsy Inc.
- Exhibit 132: Etsy Inc. - Overview
- Exhibit 133: Etsy Inc. - Product / Service
- Exhibit 134: Etsy Inc. - Key offerings
- 12.11 Fat Brain Toys LLC.
- Exhibit 135: Fat Brain Toys LLC. - Overview
- Exhibit 136: Fat Brain Toys LLC. - Product / Service
- Exhibit 137: Fat Brain Toys LLC. - Key offerings
- 12.12 Ferns N Petals Pvt. Ltd.
- Exhibit 138: Ferns N Petals Pvt. Ltd. - Overview
- Exhibit 139: Ferns N Petals Pvt. Ltd. - Product / Service
- Exhibit 140: Ferns N Petals Pvt. Ltd. - Key offerings
- 12.13 funkypigeon.com Ltd.
- Exhibit 141: funkypigeon.com Ltd. - Overview
- Exhibit 142: funkypigeon.com Ltd. - Product / Service
- Exhibit 143: funkypigeon.com Ltd. - Key offerings
- 12.14 Godiva Chocolatier Inc.
- Exhibit 144: Godiva Chocolatier Inc. - Overview
- Exhibit 145: Godiva Chocolatier Inc. - Product / Service
- Exhibit 146: Godiva Chocolatier Inc. - Key offerings
- 12.15 Hallmark Card Inc.
- Exhibit 147: Hallmark Card Inc. - Overview
- Exhibit 148: Hallmark Card Inc. - Product / Service
- Exhibit 149: Hallmark Card Inc. - Key offerings
- 12.16 manuBIMsoft Ltd.
- Exhibit 150: manuBIMsoft Ltd. - Overview
- Exhibit 151: manuBIMsoft Ltd. - Product / Service
- Exhibit 152: manuBIMsoft Ltd. - Key offerings
- 12.17 My Pet Gift Box Ltd
- Exhibit 153: My Pet Gift Box Ltd - Overview
- Exhibit 154: My Pet Gift Box Ltd - Product / Service
- Exhibit 155: My Pet Gift Box Ltd - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 156: Inclusions checklist
- Exhibit 157: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 158: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 159: Research methodology
- Exhibit 160: Validation techniques employed for market sizing
- Exhibit 161: Information sources
- 13.5 List of abbreviations
- Exhibit 162: List of abbreviations
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