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Personalized Gifts Market Growth Factors, Segmentation, Trends, Opportunities, Key Players and Forecast | Evolve Business Intelligence
As per the study initiated by Evolve Business Intelligence, the global Personalized Gifts Market size accounted for USD 20.14 Billion in 2023, growing at a CAGR of 8.31% from 2023 to 2033. Personalized gifts are items that have been customized or tailored to suit the recipient's individual preferences, characteristics, or experiences. These gifts often include unique touches such as the recipient's name, special dates, or personalized messages, making them distinct and meaningful. Personalization can take various forms, including engraving, embroidery, custom printing, or the addition of specific details that reflect the recipient's interests, hobbies, or memories. The purpose of personalized gifts is to add a thoughtful and sentimental element, creating a more intimate connection between the giver and the recipient. Examples of personalized gifts include engraved jewelry, monogrammed accessories, custom photo albums, and items featuring unique designs based on the recipient's preferences.The Personalized Gifts market is driven by the increasing demand for unique and meaningful gifting options, fueled by consumers' desire to give and receive customized items that hold sentimental value. Additionally, the growing availability of online platforms for personalized products and advancements in customization technologies contribute to the market's expansion.
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Key Highlights:
• The global Personalized Gifts Market size was valued at USD 20.14 billion in 2023 growing at a CAGR of 8.31% from 2023 to 2033.
• North America dominated the market in 2023
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has just unveiled its latest market research report focusing on the Global Personalized Gifts Market. This comprehensive report delves into various facets of the market, including market size and projections, market dynamics, competitor market share analysis, market value and volume, SWOT analysis, product comparisons, recent advancements by major players, and prospective opportunities. Furthermore, the market's evaluation in the dynamic chapter considers four key indicators: Drivers, Constraints, Emerging Trends, and Challenges.
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Key Players
Some of the major Personalized Gifts Market players holding high market shares include Redbubble, Cimpress, Signature Gifts, Funky Pigeon, and American Stationery. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Redbubble
• Cimpress
• Signature Gifts
• Funky Pigeon
• American Stationery
• CafePress
• PersonalizationMall
• Etsy
• Zazzle
• Things Remembered
Segmental Analysis
Market Segment By Product Type
• Non-photo Personalized Gifts
• Photo Personalized Gifts
Market Segment By Application
• Online
• Offline
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Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)
Reasons to Buy this Report:
• Comprehensive insights.
• Reliable and accurate data.
• Market size and data forecast
• Competitive analysis.
• Identification of market opportunities.
• Risk identification and mitigation strategies.
• SWOT analysis.
• TAM Analysis
• Recent industry developments.
• Customization options.
• Expertise and guidance for strategic decision-making
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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.
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