Personalized Gifts Market in US by Product and Distribution Channel - Forecast and Analysis 2021-2025

  • Published: Jun 2021
  • Pages: 120
  • SKU: IRTNTR45865
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 Personalized Gifts Market in the US - 2021-2025

The personalized gifts market size in the US is expected to reach a value of USD 2.01 billion, at a CAGR of 5.83% during 2021-2025. This research study helps in the deep understanding of the underlying forces driving the market growth and current and potential target customers across segmentations. According to our comprehensive survey, factors such as the advent of gift-giving culture and increasing demand for seasonal decorations are projected to significantly support market growth during the forecast period. View our sample report for insights on the latest trends and challenges that will have a far-reaching effect on the market growth.

Personalized Gifts Market in US Size

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Personalized Gifts Market Segments in the US

Navigate through market segmentation by product (non-photo personalized gifts and photo personalized gifts) and distribution channel (offline and online) in this personalized gifts market report of US to pursue growth opportunities.

Get actionable insights on the personalized gifts market segments in US to generate successful ROIs and focus your business strategy efforts where they are most likely to be effective. Also, our market research experts have evaluated the impact of COVID-19 across market segments for our clients to understand the long-term business implications and foresee opportunities for subsequent recovery. Want a thorough qualitative and quantitative analysis on the post-pandemic personalized gifts market predictions in the US on-demand changes for 2021-2025? You can buy the report now with one easy click.

Personalized Gifts Market Vendors in the US and Competitive Analysis

The personalized gifts market in the US is fragmented and the vendors are deploying organic and inorganic growth strategies to gain a competitive advantage. Find out about other well-thought-out business planning approaches of key players from our sample report.

The unprecedented outbreak of COVID-19 last year impacted market segments that has had a ripple effect on various stakeholders. To make the most of the opportunities and recover from post COVID-19 impact, the market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Click here to get COVID-19 impact update.

Buy the full personalized gifts market in US forecast report for detailed insights on complete key vendor profiles. The profiles include information on the production, sustainability, prospects of the leading companies, and other crucial vendor landscape analysis.

Personalized Gifts Market in US Vendors

Personalized Gifts Market Insights in the US by Product

Personalized Gifts Market in US Share by Product

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The personalized gifts market share growth in the US by the non-photo personalized gifts segment will be significant during the forecast period. The increase in demand for eco-friendly home décor products and luxury furnishings are likely to be the key trends that impact the growth of the non-photo personalized gifts market in the US. This report provides an accurate prediction of the contribution of all the segments to the growth of the personalized gifts market size in the US.

From the personalized gifts market in US segmentation insights, players can achieve maximum market response by understanding the target consumers. The analytical data on the segmentation will allow vendors to position their services and products among the right audiences and gain significant exposure and growth. Also, get updated actionable market insights on post COVID-19 impact on each segment.

Personalized Gifts Market Drivers & Trends in the US

While it is crucial to have a solid understanding of the drivers and trends, it is also imperative that the market challenges are recognized to improvize business planning and sustain market competition. One of the key factors impeding personalized gifts market growth in the US is the seasonal nature of product demand. Purchase our express report to get exhaustive insights on other industry trends, drivers, and challenges, which will help companies evaluate and develop growth strategies.

Seasonal decorations account for a major portion of the total revenue generated in the personalized gifts market in the US. Even though the demand for these and other seasonal gifting items has been traditionally high in developed countries like the US, the sales of these products increase, particularly during holidays such as Christmas, Halloween, Easter, and Hanukkah. The increasing demand for seasonal decorations contributes to the increased sale of personalized gifts during special occasions and seasons. Of late, the culture of self-gifting has evolved substantially. Consumers purchase personalized gifts for self-use as well. Thus, the advent of the gift-giving culture and the increasing demand for seasonal decorations will contribute to the demand for personalized gifts during 2021-2025. 

This personalized gifts market analysis report of US provides detailed information on key trends, drivers, and challenges that is the essence of business planning and strengthening marketing strategies across regions and segmentations.

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Personalized Gifts Market Report Outlook of US

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive personalized gifts market growth in the US during the next five years
  • Precise estimation of the personalized gifts market size in the US and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of personalized gifts market vendors in the US

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The personalized gifts market growth will increase by $1598.92 million during 2019-2024.
The personalized gifts market is expected to grow at a CAGR of 3.61% during 2019-2024.
Technavio has segmented the personalized gifts market by product (Non-photo personalized gifts and Photo personalized gifts) ,distribution channel (Offline and Online) , and geographic (US).
American Greetings Corp., Bed Bath & Beyond Inc., CafePress Inc., Enesco LLC, Etsy Inc., Hallmark Licensing LLC, Personal Creations, Shutterfly Inc., The Walt Disney Co., UncommonGoods LLC are a few of the key vendors in the personalized gifts market.
US will register the highest growth rate of 100.00% among the other regions. Therefore, the personalized gifts market in US is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the personalized gifts market growth are:
  • Advent of gift-giving culture and increasing demand for seasonal decorations
The personalized gifts market vendors should focus on grabbing business opportunities from the non-photo personalized gifts segment as it accounted for the largest market share in the base year.
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