Key Personalized Gifts Market Trend for 2025-2034: Advancements In AI Transform Personalized Gifts Market With Tailored Recommendations

What Is the Future Outlook for the Personalized Gifts Market's Size and Growth Rate?
In the past few years, the size of the personalised gifts market has seen robust growth. The market will elevate from a value of $28.47 billion in 2024 to $31.05 billion in 2025, expanding at a compound annual growth rate (CAGR) of 9.1%. Factors such as a rising demand for distinct and tailored products, technological improvements in personalization techniques, a surge in consumer inclination towards personalized experiences, and the widespread growth of e-commerce platforms have contributed to the growth experienced during the historical period.

Anticipated robust expansion is on the horizon for the personalized gifts market, with sizes predicted to amplify to $43.5 billion in 2029, boasting a compound annual growth rate (CAGR) of 8.8%. This surge in growth over the forecast period can be traced back to factors such as heightened spending power, the sway of social media fads, the escalating demand for personalized gifts, and the intensified use of data analytics to steer targeted marketing. The forecast period will also witness key trends such as apparel, escalating demand for individualized home décor items, growth in tailor-made jewelry, a growing preference for customized tech gadgets, enlargement of custom-made beauty and skincare products, personalized food and beverages items, and custom-printed stationery.

What Factors Are Fueling Growth in the Personalized Gifts Market?
The trend of giving gifts during festive seasons is anticipated to boost the expansion of the personalized gift industry in the future. Exchanging considerate gifts during holidays or special occasions equates to festive season gifting. This growth in festive season gifting can be connected to improved consumer feelings, elevated disposable incomes, and a rising inclination towards personalized and significant gift giving. During the festive season, personalized gifts are preferred as they stir sentimental value and generate enduring memories, reflecting the essence of celebration and kindness associated with holiday gifting customs. For instance, a survey conducted by the National Retail Federation, a retail trade association based in the US, showed that in October 2023, out of 8,103 adult consumers sampled, individuals celebrating winter holidays anticipated spending an average of $875 on seasonal items; this is $42 more than in 2022, with $620 earmarked for gifts. Consequently, the escalating interest in festive season gifting is predicted to foster the expansion of the personalized gift industry.

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Which Key Market Leaders Are Driving Personalized Gifts Industry Growth?
Major companies operating in the personalized gifts market are Amazon.com Inc, Hallmark Cards Inc., Pandora A/S, Swarovski AG, Michael Kors Holdings Limited, Tiffany and Company, Etsy Inc., American Greetings Corporation, Shutterfly Inc., Kate Spade New York, 4imprint Group Plc, Custom Ink, Spencer Gifts LLC, Card Factory plc, Redbubble Group Limited, Things Remembered Inc., Printful Inc, Moonpig.com Ltd., Spring Inc. (Teespring), Zazzle Inc., Minted LLC, CafePress Inc., PersonalizationMall.com LLC, Snapfish by HP Inc., Spreadshirt

What Are the Emerging Trends in the Personalized Gifts Industry?
Leading firms in the personalized gifts industry are concentrating on creating innovative personalized experience solutions like AI-driven gift suggestion services to enrich the customer experience and boost sales. AI-powered personalized gift suggestions utilize data analytics and machine learning techniques to propose unique and considerate presents that reflect the tastes and interests of the individual. Take Etsy Inc., an American company known for its unique and creative products, which in January 2024 introduced Gift Mode, an AI-driven gift suggestion service. This service is tailored to curate personalized gift suggestions based on the likes of the recipient. The system uses a blend of human selection and machine learning to suggest gifts suitable for over 200 recipient personas. With Gift Mode, users can provide specifics about the recipient and the occasion, and the system generates personalized gift ideas. Moreover, users have the option to compose a gift teaser with a note, tracking details, and a sneak peek of the gift, or choose to keep the gift as a surprise.

What Are the Main Segments in the Personalized Gifts Market?
The personalized gifts market covered in this report is segmented -

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

Subsegments:
1) By Personalized Clothing: Customized T-shirts, Personalized Hoodies, Custom Sweaters, Personalized Caps, Customized Socks
2) By Chocolate Platters: Customized Chocolate Boxes, Personalized Chocolate Bars, Chocolate Baskets, Chocolate Gift Sets
3) By Personalized Accessories: Customized Jewelry (Necklaces, Bracelets, Rings), Personalized Watches, Custom Bags And Purses, Personalized Keychains, Personalized Wallets
4) By Personalized Diaries: Custom Leather Diaries, Personalized Notebooks, Customized Planners, Personalized Journals
5) By Desk Accessories: Custom Pen Stands, Personalized Mouse Pads, Customized Desk Organizers, Personalized Calendars, Personalized Desk Nameplates
6) By Other Types: Personalized Mugs, Custom Photo Frames, Personalized Home Décor, Custom Phone Cases, Personalized Stationery Sets

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Which Geographic Area Leads the Personalized Gifts Market?
Europe was the largest region in the personalized gifts market in 2024. 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.

What Is Covered In The Personalized Gifts Global Market Report?

- Market Size Analysis: Analyze the Personalized Gifts Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Personalized Gifts Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Personalized Gifts Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Personalized Gifts Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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