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GCC Countries Greeting Cards Market 2022 Driving Factors Forecast Research 2028

05-31-2022 11:22 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Reports

GCC countries greeting cards market is estimated to grow at a significant CAGR during the forecast period. A greeting card is an illustrated piece of card or high-quality paper that includes a message of greeting, congratulation, grief, or joy for a variety of occasions such as Christmas, birthdays, holidays, or any other occasion. The greeting card is usually enclosed in an envelope, which comes in a variety of forms. These cards are mostly mass-produced; however, there are also handcrafted ones available from hundreds of companies around the world. Every year, nine out of ten households are expected to purchase greeting cards. According to the Greeting Card Association (GCA), the industry is expected to be dominated by women, who account for about 80% of greeting card sales. During the forecast period, the rising trend of merging technology with greeting cards (for instance, greeting cards with LED illumination or musical cards) is expected to drive the GCC greeting cards market. In the next years, the rising acceptance of e-cards as a result of increased awareness is expected to influence greeting card market growth.

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Additionally, consumers' growing desire for handcrafted greeting cards is expected to propel the market growth during the forecast period. However, expanding social media trends and the proliferation of e-cards, as well as the massive mobile communication industry, could limit the market's growth during the projection period. However, by combining innovation and generating custom built and engineered 3D cards, introducing personalised photo greeting cards, and merging lighting capabilities with audio capabilities within physical greeting cards, numerous efforts are being made. To increase product visibility, these cards are subsequently made accessible at stationary stores and supermarkets.

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Market Coverage

The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered-
By Type
By Application
Countries Covered-
Saudi Arabia
UAE
Qatar
Kuwait
Bahrain
Oman
Competitive Landscape-Current Media Group LLC, Budget Greeting Cards Ltd., and IG Design Group Plc, among others.

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How COVID-19 impacted the market?
Deviation from the pre-COVID-19 forecast
Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

GCC Countries Greeting Cards Market Report by Segment

By Type

Seasonal Greeting Cards
Everyday Greeting Cards

By Application

Business Cards
Personal Cards

GCC Countries Greeting Cards Market by Country

Saudi Arabia
UAE
Qatar
Kuwait
Bahrain
Oman

A full report of GCC Countries Greeting Cards Market is available at:https://orionmarketreports.com/cc-countries-greeting-cards-market/110711/  

Media Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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