Product Code: PM3115
The global gifts retailing market size is expected to reach USD 25.34 billion by 2032, according to a new study by Polaris Market Research. The report "Gifts Retailing Market Share, Size, Trends, Industry Analysis Report, By Distribution Channel (Offline, Online); By Product; By Region; Segment Forecast, 2023-2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Rising disposable incomes are contributing to the growth of the middle-class population in emerging economies, driving the demand for gifts and other luxury items. As disposable incomes increase, consumers become more interested in personalized and unique gifts, driving the market for specialty gift retailers. As disposable incomes rise, consumers are more likely to give gifts on special occasions, such as birthdays, anniversaries, and holidays, driving the market's growth.
Increasing awareness about the environment is driving the growth of green gifts. For instance, Nurturing Green, an offline and online retailer of plant seedling gifts in India, the company's current sales throughout India are roughly 65,000 every month. Due to increasing demand, they intend to increase it to 1 lakh each month by the end of the year 2021. Festival Season is influencing the growth of the global market as an increase in the demand for gifts is mostly observed at the time of festivals.
The expansion of the gifting culture and the demand for seasonal decorations are the main factors driving the growth of the global gift retailing business. Sales of customized gifts for special occasions increased in response to the rising demand for seasonal offerings. One of the main factors fueling the expansion of the gift retailing market over the coming years will be the increase in demand for specialty goods. The market will experience significant demand due to the availability of personalized presents, improved customer service, the implementation of customer loyalty programs, and the growing popularity of 3D-printed gifts.
Gifts Retailing Market Report Highlights:
- Offline distribution channel is anticipated to witness higher growth rate owing to the increased customer satisfaction and loyalty due to the opportunity to physically touch and see products before making a purchase.
- Souvenirs and novelty items segment accounted for the fastest growth as these goods are frequently reasonably priced, which makes them available to a broad variety of buyers and increases their appeal as gift choices in the coming future.
- North America is expected to have a larger revenue share owing to the increasing disposable income and a strong culture of gift giving in this region.
- The global players include Aldi Stores, Alibaba Group Holding, Amazon.com, American Greetings, Hallmark Card, House of Fraser, Loop Commerce, Macys, My Pet Gift Box, Penney OpCo, Shutterfly, Spencer Gifts, and Walt Disney
Polaris Market Research has segmented the gifts retailing market report based on distribution channel, product, and region:
Gifts Retailing, Distribution channel Outlook (Revenue - USD Billion, 2019 - 2032)
Gifts Retailing, Product Outlook (Revenue - USD Billion, 2019 - 2032)
- Souvenirs and novelty items
- Seasonal decorations
- Greeting cards
- Giftware
Gifts Retailing, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Gifts Retailing Market Insights
- 4.1. Gifts Retailing Market - Industry Snapshot
- 4.2. Gifts Retailing Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increasing popularity of online shopping
- 4.2.1.2. Rising disposable income
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Pricing pressures
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Gifts Retailing Industry trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Gifts Retailing Market, by Distribution Channel
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Gifts Retailing, by Distribution Channel, 2019-2032 (USD Billion)
- 5.3. Offline
- 5.3.1. Global Gifts Retailing Market, by Offline, by Region, 2019-2032 (USD Billion)
- 5.4. Online
- 5.4.1. Global Gifts Retailing Market, by Online, by Region, 2019-2032 (USD Billion)
6. Global Gifts Retailing Market, by Product
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Gifts Retailing Market, by Product, 2019-2032 (USD Billion)
- 6.3. Souvenirs and novelty items
- 6.3.1. Global Gifts Retailing Market, by Souvenirs and novelty items, by Region, 2019-2032 (USD Billion)
- 6.4. Seasonal decorations
- 6.4.1. Global Gifts Retailing Market, by Seasonal decorations, by Region, 2019-2032 (USD Billion)
- 6.5. Greeting cards
- 6.5.1. Global Gifts Retailing Market, by Greeting cards, by Region, 2019-2032 (USD Billion)
- 6.6. Giftware
- 6.6.1. Global Gifts Retailing Market, by Giftware, by Region, 2019-2032 (USD Billion)
7. Global Gifts Retailing Market, by Geography
- 7.1. Key findings
- 7.2. Introduction
- 7.2.1. Gifts Retailing Market Assessment, By Geography, 2019-2032 (USD Billion)
- 7.3. Gifts Retailing Market - North America
- 7.3.1. North America: Gifts Retailing Market, by Product, 2019-2032 (USD Billion)
- 7.3.2. North America: Gifts Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.3.3. Gifts Retailing Market - U.S.
- 7.3.3.1. U.S.: Gifts Retailing Market, by Product, 2019-2032 (USD Billion)
- 7.3.3.2. U.S.: Gifts Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.3.4. Gifts Retailing Market - Canada
- 7.3.4.1. Canada: Gifts Retailing Market, by Product, 2019-2032 (USD Billion)
- 7.3.4.2. Canada: Gifts Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.4. Gifts Retailing Market - Europe
- 7.4.1. Europe: Gifts Retailing Market, by Product, 2019-2032 (USD Billion)
- 7.4.2. Europe: Gifts Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.4.3. Gifts Retailing Market - UK
- 7.4.3.1. UK: Gifts Retailing Market, by Product, 2019-2032 (USD Billion)
- 7.4.3.2. UK: Gifts Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.4.4. Gifts Retailing Market - France
- 7.4.4.1. France: Gifts Retailing Market, by Product, 2019-2032 (USD Billion)
- 7.4.4.2. France: Gifts Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.4.5. Gifts Retailing Market - Germany
- 7.4.5.1. Germany: Gifts Retailing Market, by Product, 2019-2032 (USD Billion)
- 7.4.5.2. Germany: Gifts Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.4.6. Gifts Retailing Market - Italy
- 7.4.6.1. Italy: Gifts Retailing Market, by Product, 2019-2032 (USD Billion)
- 7.4.6.2. Italy: Gifts Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.4.7. Gifts Retailing Market - Spain
- 7.4.7.1. Spain: Gifts Retailing Market, by Product, 2019-2032 (USD Billion)
- 7.4.7.2. Spain: Gifts Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.4.8. Gifts Retailing Market - Netherlands
- 7.4.8.1. Netherlands: Gifts Retailing Market, by Product, 2019-2032 (USD Billion)
- 7.4.8.2. Netherlands: Gifts Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.4.9. Gifts Retailing Market - Russia
- 7.4.9.1. Russia: Gifts Retailing Market, by Product, 2019-2032 (USD Billion)
- 7.4.9.2. Russia: Gifts Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.5. Gifts Retailing Market - Asia Pacific
- 7.5.1. Asia Pacific: Gifts Retailing Market, by Product, 2019-2032 (USD Billion)
- 7.5.2. Asia Pacific: Gifts Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.5.3. Gifts Retailing Market - China
- 7.5.3.1. China: Gifts Retailing Market, by Product, 2019-2032 (USD Billion)
- 7.5.3.2. China: Gifts Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.5.4. Gifts Retailing Market - India
- 7.5.4.1. India: Gifts Retailing Market, by Product, 2019-2032 (USD Billion)
- 7.5.4.2. India: Gifts Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.5.5. Gifts Retailing Market - Malaysia
- 7.5.5.1. Malaysia: Gifts Retailing Market, by Product, 2019-2032 (USD Billion)
- 7.5.5.2. Malaysia: Gifts Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.5.6. Gifts Retailing Market - Japan
- 7.5.6.1. Japan: Gifts Retailing Market, by Product, 2019-2032 (USD Billion)
- 7.5.6.2. Japan: Gifts Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.5.7. Gifts Retailing Market - Indonesia
- 7.5.7.1. Indonesia: Gifts Retailing Market, by Product, 2019-2032 (USD Billion)
- 7.5.7.2. Indonesia: Gifts Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.5.8. Gifts Retailing Market - South Korea
- 7.5.8.1. South Korea: Gifts Retailing Market, by Product, 2019-2032 (USD Billion)
- 7.5.8.2. South Korea: Gifts Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.6. Gifts Retailing Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Gifts Retailing Market, by Product, 2019-2032 (USD Billion)
- 7.6.2. Middle East & Africa: Gifts Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.6.3. Gifts Retailing Market - Saudi Arabia
- 7.6.3.1. Saudi Arabia: Gifts Retailing Market, by Product, 2019-2032 (USD Billion)
- 7.6.3.2. Saudi Arabia: Gifts Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.6.4. Gifts Retailing Market - UAE
- 7.6.4.1. UAE: Gifts Retailing Market, by Product, 2019-2032 (USD Billion)
- 7.6.4.2. UAE: Gifts Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.6.5. Gifts Retailing Market - Israel
- 7.6.5.1. Israel: Gifts Retailing Market, by Product, 2019-2032 (USD Billion)
- 7.6.5.2. Israel: Gifts Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.6.6. Gifts Retailing Market - South Africa
- 7.6.6.1. South Africa: Gifts Retailing Market, by Product, 2019-2032 (USD Billion)
- 7.6.6.2. South Africa: Gifts Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.7. Gifts Retailing Market - Latin America
- 7.7.1. Latin America: Gifts Retailing Market, by Product, 2019-2032 (USD Billion)
- 7.7.2. Latin America: Gifts Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.7.3. Gifts Retailing Market - Mexico
- 7.7.3.1. Mexico: Gifts Retailing Market, by Product, 2019-2032 (USD Billion)
- 7.7.3.2. Mexico: Gifts Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.7.4. Gifts Retailing Market - Brazil
- 7.7.4.1. Brazil: Gifts Retailing Market, by Product, 2019-2032 (USD Billion)
- 7.7.4.2. Brazil: Gifts Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.7.5. Gifts Retailing Market - Argentina
- 7.7.5.1. Argentina: Gifts Retailing Market, by Product, 2019-2032 (USD Billion)
- 7.7.5.2. Argentina: Gifts Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. Aldi Stores
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. Alibaba Group
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. Amazon.com
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. American Greetings
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. Bed Bath and Beyond
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
- 9.6. Card Factory
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
- 9.7. Costco Wholesale
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
- 9.8. Enesco
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
- 9.9. Ferns N Petals
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
- 9.10. Hallmark Card
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
- 9.11. House of Fraser
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Recent Development
- 9.12. Loop Commerce
- 9.12.1. Company Overview
- 9.12.2. Financial Performance
- 9.12.3. Product Benchmarking
- 9.12.4. Recent Development
- 9.13. Macys
- 9.13.1. Company Overview
- 9.13.2. Financial Performance
- 9.13.3. Product Benchmarking
- 9.13.4. Recent Development
- 9.14. My Pet Gift Box
- 9.14.1. Company Overview
- 9.14.2. Financial Performance
- 9.14.3. Product Benchmarking
- 9.14.4. Recent Development
- 9.15. Penney OpCo
- 9.15.1. Company Overview
- 9.15.2. Financial Performance
- 9.15.3. Product Benchmarking
- 9.15.4. Recent Development
- 9.16. Shutterfly
- 9.16.1. Company Overview
- 9.16.2. Financial Performance
- 9.16.3. Product Benchmarking
- 9.16.4. Recent Development
- 9.17. Spencer Gifts
- 9.17.1. Company Overview
- 9.17.2. Financial Performance
- 9.17.3. Product Benchmarking
- 9.17.4. Recent Development
- 9.18. Walt Disney
- 9.18.1. Company Overview
- 9.18.2. Financial Performance
- 9.18.3. Product Benchmarking
- 9.18.4. Recent Development
- 9.19. Walmart
- 9.19.1. Company Overview
- 9.19.2. Financial Performance
- 9.19.3. Product Benchmarking
- 9.19.4. Recent Development
- 9.20. Williams Sonoma
- 9.20.1. Company Overview
- 9.20.2. Financial Performance
- 9.20.3. Product Benchmarking
- 9.20.4. Recent Development