Gifts Retailing Market Research Report By Product Type, By Distribution Channel, By Target Audience, By Occasion, By Price Range and By Regional
NEW YORK, NY, UNITED STATES, January 22, 2025 /EINPresswire.com/ -- ๐๐ข๐๐ญ๐ฌ ๐๐๐ญ๐๐ข๐ฅ๐ข๐ง๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐIn 2024, Gifts Retailing Market Size was projected to be worth 747.60 billion USD.By 2034, the gifts retailing market is projected to have grown from 828.49 billion USD in 2025 to 2088.61 billion USD. During the projection period (2025-2034), the gifts retailing market's compound annual growth rate (CAGR) is anticipated to be approximately 10.8%.
Diverse Product Segments Catering to Varied Preferences
The product type segment within the gifts retailing market is a vibrant reflection of consumer demand for personalization, luxury, and innovative gifting solutions. Traditional gifts remain a cornerstone, appealing to consumers who value classic, timeless options. On the other hand, personalized gifts, such as custom photo frames, engraved jewelry, and tailored keepsakes, continue to gain momentum as they foster emotional connections and cater to unique preferences.
Experiential gifts are witnessing an unprecedented surge in popularity, with experiences such as spa treatments, concert tickets, and adventure packages appealing to the millennial and Gen Z demographics. Additionally, digital gifts like e-gift cards and subscription services offer convenience, particularly for last-minute gifting. Meanwhile, the rising affluence of consumers is driving the growth of the luxury gifts segment, encompassing high-end jewelry, premium wines, designer accessories, and exclusive artworks.
"๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ" - ๐๐๐๐๐ฌ๐ฌ ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐ข๐ฆ๐๐ง๐ญ๐๐ซ๐ฒ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐จ๐ฎ๐ซ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ข๐ญ๐ฌ ๐๐จ๐ง๐ญ๐๐ง๐ญ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
https://www.marketresearchfuture.com/sample_request/11205
๐๐๐ฒ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ข๐๐ญ๐ฌ ๐๐๐ญ๐๐ข๐ฅ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฎ๐๐
โข American Greetings
โข Waterford Crystal
โข Mattel
โข Hasbro
โข Signet Jewelers
โข Swarovski
โข Richemont
โข Pandora Jewelry
โข LVMH
โข Tiffany Co.
โข Starbucks
โข Lenox
โข Nike
โข Kering
โข Hallmark
๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ๐ฌ: ๐๐ก๐ ๐๐ก๐ข๐๐ญ ๐๐จ๐ฐ๐๐ซ๐ ๐-๐๐จ๐ฆ๐ฆ๐๐ซ๐๐
The report highlights the growing significance of distribution channels, which include brick-and-mortar stores, e-commerce marketplaces, specialty gift shops, department stores, and online gift cards. While physical retail stores continue to play a pivotal role in the gifting ecosystem, particularly for consumers seeking in-store experiences and personal assistance, the dominance of e-commerce is reshaping the market landscape.
Online platforms have emerged as the preferred shopping destination for gifts, offering convenience, competitive pricing, and an extensive range of products. The increasing integration of artificial intelligence (AI)-driven personalization tools in e-commerce platforms further enhances the online shopping experience. Specialty gift shops and department stores are also focusing on creating curated collections to cater to niche markets, while the popularity of digital gift cards is simplifying the gifting process for both individual and corporate customers.
๐๐๐ซ๐ ๐๐ญ ๐๐ฎ๐๐ข๐๐ง๐๐: ๐ ๐๐ฎ๐ฅ๐ญ๐ข๐๐ข๐ฆ๐๐ง๐ฌ๐ข๐จ๐ง๐๐ฅ ๐๐ฉ๐ฉ๐ซ๐จ๐๐๐ก
The gifts retailing market serves a wide array of target audiences, including individuals, corporates, non-profit organizations, event planners, and gift basket companies. Individual consumers continue to dominate the market, with gifting being an integral part of social interactions, celebrations, and personal expressions of gratitude.
The corporate gifting segment is expanding rapidly, as businesses increasingly leverage gifts to foster client relationships, reward employees, and enhance brand visibility. Non-profit organizations and event planners are also major contributors to the market, as they rely on gifts to build goodwill and engage stakeholders. Gift basket companies are capitalizing on the demand for thoughtfully curated and bundled gift options, appealing to both personal and professional audiences.
"๐๐ฎ๐ฒ ๐๐จ๐ฐ" - ๐๐๐ค๐ ๐ข๐ฆ๐ฆ๐๐๐ข๐๐ญ๐ ๐๐๐ญ๐ข๐จ๐ง ๐ญ๐จ ๐ฉ๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐ญ๐ก๐ ๐๐ฎ๐ฅ๐ฅ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ ๐๐๐๐๐ฌ๐ฌ ๐๐ฅ๐ฅ ๐ญ๐ก๐ ๐ฏ๐๐ฅ๐ฎ๐๐๐ฅ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐ข๐ญ ๐๐จ๐ง๐ญ๐๐ข๐ง๐ฌ:
https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=11205
๐๐ก๐ ๐๐จ๐ฅ๐ ๐จ๐ ๐๐๐๐๐ฌ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
The occasion-based segmentation of the gifts retailing market reveals significant demand during birthdays, anniversaries, holidays, weddings, and other special occasions. Birthdays and anniversaries remain among the most celebrated events globally, driving the purchase of both traditional and experiential gifts. Holidays, including Christmas, Diwali, and Chinese New Year, represent peak gifting seasons, with retailers launching seasonal promotions and exclusive collections to attract consumers.
Weddings are another key driver of the gifts market, with a strong focus on luxury items, personalized keepsakes, and practical household goods. The "other special occasions" category, which includes graduations, retirements, and baby showers, also contributes significantly to market growth, reflecting the diversity of consumer gifting behaviors.
๐๐ซ๐ข๐๐ ๐๐๐ง๐ ๐: ๐๐๐๐๐ฌ๐ฌ๐ข๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐ง๐ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง
The report's analysis of the price range segment indicates a broad spectrum of consumer spending habits, with categories ranging from $0-$25, $25-$50, $50-$100, $100-$250, to $250 and above. The affordability of gifts in the $0-$25 range ensures inclusivity, catering to budget-conscious shoppers and younger consumers. Mid-range categories, such as $25-$50 and $50-$100, remain popular for their balance between quality and affordability.
At the premium end, gifts priced at $100-$250 and $250 and above are witnessing increased demand, driven by the growing preference for luxury and high-quality products. These segments are particularly popular among affluent consumers and in the corporate gifting sector, where premium gifts are used to convey prestige and exclusivity.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ซ๐๐ง๐๐ฌ ๐๐ก๐๐ฉ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ
The global gifts retailing market spans key regions, including North America, Europe, South America, Asia Pacific, and the Middle East and Africa. North America remains a dominant player, fueled by high disposable incomes, a robust culture of gifting, and the widespread adoption of e-commerce. Europe follows closely, with a strong emphasis on luxury and experiential gifts, particularly in markets such as the United Kingdom, France, and Germany.
In the Asia Pacific region, rapid urbanization, rising middle-class incomes, and cultural festivals are driving significant growth in the gifts market. Countries like China, India, and Japan are key contributors, with a growing demand for personalized and digital gifting solutions. South America and the Middle East & Africa are emerging markets, characterized by increasing consumer awareness, expanding retail networks, and the influence of global gifting trends.
"๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐๐ฉ๐จ๐ซ๐ญ" - ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ'๐ฌ ๐๐จ๐ง๐ญ๐๐ง๐ญ๐ฌ, ๐ฌ๐๐๐ญ๐ข๐จ๐ง๐ฌ, ๐๐ง๐ ๐ค๐๐ฒ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐๐ซ๐จ๐ฐ๐ฌ๐ข๐ง๐ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐ข๐ญ๐ฌ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง:
https://www.marketresearchfuture.com/reports/gifts-retailing-market-11205
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ
Several factors are propelling the growth of the gifts retailing market. The rise of digital transformation in retail, coupled with the increasing penetration of smartphones and internet connectivity, has revolutionized how consumers discover and purchase gifts. Additionally, the growing emphasis on sustainability and eco-friendly gifting is shaping consumer preferences, with brands offering environmentally conscious packaging and products.
Corporate gifting is evolving as a strategic tool for relationship-building, driving demand for high-quality and customizable gift options. Furthermore, the integration of artificial intelligence, augmented reality, and virtual reality in retail platforms is enhancing the personalization and interactivity of the gifting experience, creating new avenues for market players to differentiate themselves.
๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค: ๐ ๐๐ซ๐จ๐ฆ๐ข๐ฌ๐ข๐ง๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
As the global gifts retailing market continues to expand, stakeholders across the value chainโretailers, manufacturers, distributors, and technology providersโhave immense opportunities to innovate and capture market share. By aligning with consumer preferences, embracing digital advancements, and catering to diverse occasions and target audiences, market players can secure a competitive edge.
๐๐๐๐๐ ๐๐ ๐๐๐๐๐๐๐๐
EXECUTIVE SUMMARY
MARKET INTRODUCTION
RESEARCH METHODOLOGY
MARKET DYNAMICS
MARKET FACTOR ANALYSISโฆ.
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๐๐จ๐ฆ๐ฆ๐๐ซ๐๐ข๐๐ฅ ๐๐๐ฎ๐ง๐๐ซ๐ฒ ๐๐๐๐ก๐ข๐ง๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐ข๐ฅ๐ฅ ๐๐๐๐
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๐๐๐จ๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐ ๐ฎ๐ญ๐ฎ๐ซ๐:
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