Save up to 30% on The Business Research Company’s comprehensive market research reports for a limited time only!

What is the Expected Growth Rate of the Personalized Gifts Market from 2024 to 2033?
The personalized gifts market has experienced significant growth in recent years. It is projected to rise from $26.18 billion in 2023 to $28.47 billion in 2024, at a compound annual growth rate (CAGR) of 8.7%. This growth is driven by the increasing demand for unique and customized products, advancements in personalization technology, a preference for individualized experiences, and the expansion of e-commerce platforms.

The personalized gifts market is projected to experience significant growth, reaching $40.02 billion by 2028 at a compound annual growth rate (CAGR) of 8.9%. Key drivers include increased disposable income, the influence of social media trends, growing popularity of personalized items, and enhanced data analytics for targeted marketing. Major trends will encompass custom apparel, personalized home décor, custom jewelry, tailored tech gadgets, bespoke beauty products, personalized food and drinks, and custom stationery.

Claim Your Free Sample of the Global Personalized Gifts Market Report Today!
https://www.thebusinessresearchcompany.com/sample.aspx?id=16146&type=smp

What Key Factors Are Fueling the Growth of the Personalized Gifts Market?
The growing interest in festive season gifting is likely to drive the personalized gift market’s growth. Festive gifting entails exchanging thoughtful gifts during holidays or special occasions, influenced by positive consumer sentiment, increased disposable income, and a trend towards meaningful gift exchanges. Personalized gifts are particularly popular as they evoke sentimental value and foster lasting memories, aligning with the celebratory spirit of the season. For instance, in October 2023, a National Retail Federation survey revealed that winter holiday celebrants expect to spend an average of $875 on seasonal items—$42 more than in 2022—allocating $620 for gifts. Additionally, nearly 23% plan to give experiential gifts, up from 19% in 2021. Thus, the rising interest in festive gifting is propelling the personalized gift market.

What Are the Major Segments of the Personalized Gifts Market?
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

What New Trends Are Transforming the Personalized Gifts Market?
Major companies in the personalized gifts market are developing AI-based gift recommendation services to improve customer experiences. These services suggest tailored gifts based on individual preferences. For instance, in January 2024, Etsy launched Gift Mode, an AI service that curates gift ideas based on recipient interests.

Order Now for Fast Delivery of Your Personalized Gifts Market Report!
https://www.thebusinessresearchcompany.com/report/personalized-gifts-global-market-report

Which Regions Are Driving Growth in the Personalized Gifts Market?
Europe was the largest region in the personalized gifts market in 2023. 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.

The Personalized Gifts Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the personalized gifts market, its market share, and analyzes key competitors along with their market positions.

The Table Of Content For The Personalized Gifts Market Include

1. Personalized Gifts Market Executive Summary
2. Personalized Gifts Market Segments
3. Personalized Gifts Market Size And Template Market Growth Rate
4.  Key Personalized Gifts Market Trends
5. Major Personalized Gifts Market Drivers
……
25. Key Mergers And Acquisitions In The Personalized Gifts Market
26. Top Personalized Gifts Companies
27. Personalized Gifts Market Opportunities And Strategies
28. Personalized Gifts Market, Conclusions And Recommendations
29. Appendix

Discover Related Reports by The Business Research Company:
Digital Gift Card Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/digital-gift-card-global-market-report

Corporate Gifting Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/corporate-gifting-global-market-report

Next-Generation Personalized Beauty Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/next-generation-personalized-beauty-global-market-report

Learn More About The Business Research Company

The Business Research Company has published over 15000+ reports in 27 industries, spanning 60+ geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 3156230293

Asia +44 2071930708

Europe +44 2071930708

Email us at info@tbrc.info

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: