NEW YORK, Nov. 22, 2023 /PRNewswire/ — The non-photo personalized gifts market is estimated to grow by USD 9.13 billion from 2022 to 2027, growing at a CAGR of 8.87%. The non-photo personalized gifts market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer non-photo personalized gifts market are American Greetings Corp., American Stationery Co. Inc., Bed Bath and Beyond Inc., Card Factory Plc, Chococraft Creations Pvt. Ltd., Cimpress Plc, Etsy Inc., Ferns N Petals Pvt. Ltd., funkypigeon.com Ltd., Hallmark Card Inc., manuBIMsoft Ltd., Redbubble Ltd., Shutterfly Inc., Signature Gifts Ltd., Sixty Stores Ltd., Takara Tomy Co. Ltd., UncommonGoods LLC, Walmart Inc., Yildiz Holding AS, and Zazzle Inc. The report provides a full list of key companies, their strategies, and the latest developments. Download a Free Sample before buying
Company Offering:
- American Greetings Corp. – The company offers non-photo personalized gifts such as birthday ecards, smashUps, anniversary ecards, and gift cards.
- American Stationery Co. Inc. – The company offers non-photo personalized gifts such as gift cards, large jar candles, and embroidered fashion umbrellas.
- Bed Bath and Beyond Inc. – The company offers non-photo personalized gifts such as printed art and gift cards.
- For details on companies and their offerings – Buy the report!
Based on Geography, the market is classified as North America, Europe, APAC, South America, and Middle East and Africa. North America will have the largest share of the market. North America will contribute 41% to the growth of the global market during the forecast period. The North American market is estimated to grow at a moderate rate during the forecast period. There is a near maturity in the region’s traditional gifts market. Thus, it is now receiving an influx of exciting new products and increased sales of non-photo personalized gifts, such as greeting cards, souvenirs, and decorative products, fuel market growth because of the high penetration of these products in occasional giftings. Download a free sample report to get more insights on the market share of various regions and the contribution of the segments.
- Impactful driver- Growing gifting culture and increasing demand for seasonal decorations
- Key Trend – Specialized merchandise by vendors
- Major Challenges – Growing competition from homemade and DIY gifts
Market Segmentation
- Based on the Distribution Channel, the online segment is significant during the forecast period. E-commerce platforms offer personalized shopping assistance as well as suggestions on different types of non-photo personalized gifts to customers, based on aspects such as the type, customization, and designs of non-photo personalized gifts. It opens the door to customers accessing national and global brands of non-photo personalized gifts.
Technavio Research experts have provided more insights on the market share of segments – View a Free Sample Report
Related Reports:
The US – personalized gifts market size is estimated to grow at a CAGR of 8.65% between 2022 and 2027. The market size is forecast to increase by USD 3,855.15 million.
The UK Personalized Gifts Market size is projected to increase by USD 898.1 million and the market size is estimated to grow at a CAGR of 9.61% between 2022 and 2027.
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Non-photo Personalized Gifts Market Scope |
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Report Coverage |
Details |
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Historic period |
2017-2021 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 8.87% |
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YoY growth 2022-2023 (%) |
8.47 |
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Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
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Key countries |
US, Canada, China, Germany, and UK |
TOC:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
About US
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 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.
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SOURCE Technavio
