personalized gifts market forecast, personalized gifts market share, personalized gifts market , personalized gifts market growth, personalized gifts market trends, personalized gifts market size
What is the present valuation and projected CAGR of the personalized gifts market?
The personalized gifts market size has grown strongly in recent years. It will grow from $28.47 billion in 2024 to $31.05 billion in 2025 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to increasing demand for unique and customized products, advancements in technology for personalization, growing consumer preference for individualized experiences, and the and the expansion of e-commerce platforms.
The personalized gifts market size is expected to see strong growth in the next few years. It will grow to $43.5 billion in 2029 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to Increased spending capacity, influence of social media trends, rising popularity of personalized gifts, growing use of data analytics for targeted marketing. Major trends in the forecast period include apparel, rising popularity of personalized home décor, growth in custom-made jewelry, increasing preference for personalized tech gadgets, expansion of bespoke beauty and skincare products, personalized food and beverage items, and custom-printed stationery.
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Which Market drivers have played a significant role in driving the personalized gifts market?
The rising interest in festive season gifting is expected to propel the growth of the personalized gift market going forward. Festive season gifting involves the exchange of thoughtful presents during holidays or special occasions. The festive season gifting can be attributed to heightened consumer sentiment, increased disposable incomes, and the growing trend towards personalized and meaningful gift exchanges. Personalized gifts are favored during the festive season because they evoke sentimental value and create lasting memories, aligning with the spirit of celebration and goodwill that characterizes holiday gifting traditions. For instance, in October 2023, according to a survey of 8,103 adult consumers published by the National Retail Federation, a US-based retail trade association, winter holiday celebrants expect to spend an average of $875 on seasonal items, $42 more than in 2022, with $620 reserved for gifts. Therefore, rising interest in festive season gifting will drive the growth of the personalized gift market.
What are the key segments within the personalized gifts market?
The personalized gifts market covered in this report is segmented –
1) By Type: Personalized Clothing, Chocolate Platters, Personalized Accessories, Personalized Diaries, Desk Accessories, Other Types
2) By Distribution Channel: Online, Offline
3) By End-User: Women, Unisex, Kids, Men
Subsegments:
1) By Personalized Clothing: Customized T-shirts, Personalized Hoodies, Custom Sweaters, Personalized Caps, Customized Socks
2) By Chocolate Platters: Customized Chocolate Boxes, Personalized Chocolate Bars, Chocolate Baskets, Chocolate Gift Sets
3) By Personalized Accessories: Customized Jewelry (Necklaces, Bracelets, Rings), Personalized Watches, Custom Bags And Purses, Personalized Keychains, Personalized Wallets
4) By Personalized Diaries: Custom Leather Diaries, Personalized Notebooks, Customized Planners, Personalized Journals
5) By Desk Accessories: Custom Pen Stands, Personalized Mouse Pads, Customized Desk Organizers, Personalized Calendars, Personalized Desk Nameplates
6) By Other Types: Personalized Mugs, Custom Photo Frames, Personalized Home Décor, Custom Phone Cases, Personalized Stationery Sets
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Which key players are shaping the personalized gifts market?
Major companies operating in the personalized gifts market are Amazon.com Inc, Hallmark Cards Inc., Pandora A/S, Swarovski AG, Michael Kors Holdings Limited, Tiffany and Company, Etsy Inc., American Greetings Corporation, Shutterfly Inc., Kate Spade New York, 4imprint Group Plc, Custom Ink, Spencer Gifts LLC, Card Factory plc, Redbubble Group Limited, Things Remembered Inc., Printful Inc, Moonpig.com Ltd., Spring Inc. (Teespring), Zazzle Inc., Minted LLC, CafePress Inc., PersonalizationMall.com LLC, Snapfish by HP Inc., Spreadshirt
Which transformative trends will shape the personalized gifts market landscape?
Major companies operating in the personalized gifts market are focusing on developing advanced personalized experience solutions, such as AI-based gift recommendation services, to enhance the customer experience and increase sales. Artificial intelligence-based personalized gift recommendations leverage data analysis and machine learning algorithms to suggest unique and thoughtful gifts tailored to an individual’s preferences and interests. For instance, in January 2024, Etsy Inc., a US-based company that provides unique and creative goods, launched Gift Mode. It is an AI-based gift recommendation service designed to curate personalized gift ideas based on a recipient’s interests. This service uses a combination of human curation and machine learning to offer gift options tailored to more than 200 recipient personas. Gift Mode lets users provide details about the recipient and the occasion and generates personalized gift suggestions. Additionally, users can create a gift teaser with a note, tracking information, and a preview of the gift or opt to leave the gift as a surprise.
How do regional factors impact the personalized gifts market, and which region is the largest contributor?
Europe was the largest region in the personalized gifts market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the personalized gifts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Personalized Gifts Market Report 2025 Offer?
The personalized gifts market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Personalized gifts refer to items that have been customized to include specific details unique to the recipient, such as their name, initials, photo, or a special message. The process involves tailoring standard products to create unique, meaningful presents for various occasions, such as birthdays, weddings, anniversaries, and holidays.
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