Press release
Gifts Retailing Market Outlook 2025-2035: Industry Value to Reach USD 2,314.61 Billion at 10.82% CAGR
According to Market Research Future (MRFR), the Gifts Retailing Market Size was estimated at USD 747.6 billion in 2024. The industry is projected to grow from USD 828.49 billion in 2025 to USD 2,314.61 billion by 2035, exhibiting a strong compound annual growth rate (CAGR) of 10.82% during the forecast period (2025-2035). This growth trajectory highlights the increasing role of e-commerce, omnichannel strategies, and consumer preference for customized and meaningful gifts.
Market Drivers
Several factors are accelerating the expansion of the global gifts retailing industry:
Growth of E-Commerce and Digital Platforms
Online gift retailing has transformed purchasing behavior by offering convenience, customization, and fast delivery. Features such as same-day delivery, subscription gifting, and AI-driven recommendations have significantly enhanced the customer experience.
Rising Disposable Income
Growing middle-class populations, particularly in emerging economies, are spending more on premium, luxury, and personalized gifts. This trend is driving higher average order values across online and offline retail channels.
Corporate Gifting Expansion
Businesses increasingly use gifts to strengthen relationships with employees, clients, and partners. Customized corporate gifts have become strategic tools for brand visibility, employee engagement, and customer loyalty.
Influence of Social Media and Lifestyle Trends
Social media platforms promote creative gifting ideas, seasonal trends, and influencer-driven product discovery, boosting demand for unique and visually appealing gift items.
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Regional (Religion) Analysis
North America
North America holds a substantial share of the global market due to strong consumer spending power, advanced logistics infrastructure, and high adoption of online gifting platforms. Major holidays such as Christmas, Valentine's Day, and Mother's Day significantly drive seasonal sales.
Europe
Europe's gifts retailing market benefits from cultural traditions, festive celebrations, and demand for artisanal, sustainable, and premium gift products. Countries like Germany, the UK, and France remain key contributors.
Asia-Pacific
Asia-Pacific is expected to register the fastest growth rate during the forecast period. Festivals such as Diwali, Lunar New Year, Eid, and weddings fuel large-scale gifting demand. Rapid digitalization and expanding e-commerce penetration further support market growth.
Rest of the World
Latin America, the Middle East, and Africa show steady growth supported by cultural ceremonies, improving retail infrastructure, and increasing urban populations.
Market Objectives
The primary objectives of the gifts retailing market include:
Expanding online and omnichannel retail presence
Enhancing personalization and customization capabilities
Increasing market penetration in emerging economies
Offering eco-friendly and sustainable gift options
Improving customer experience through innovation and technology
These objectives aim to build long-term customer engagement and brand loyalty.
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Market Segmentation
The global gifts retailing market is segmented as follows:
By Product Type
Greeting cards
Giftware and collectibles
Personalized gifts
Home décor items
Toys and games
Experience-based gifts
By Distribution Channel
Online retail stores
Specialty gift shops
Supermarkets and hypermarkets
Convenience stores
By End User
Personal gifting
Corporate gifting
Online retail channels and personalized gifts are expected to dominate due to growing consumer demand for convenience and unique products.
Key Players
The gifts retailing market is highly competitive, featuring a mix of global brands and regional players. Companies focus on product innovation, digital transformation, exclusive collections, and strategic partnerships to strengthen market presence. Investment in logistics, technology, and customer experience remains a key competitive strategy.
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Challenges
Despite positive growth prospects, the industry faces several challenges:
High Competition
The presence of numerous players intensifies price competition, impacting profit margins.
Supply Chain and Logistics Constraints
Seasonal demand spikes during festivals create pressure on inventory management and delivery timelines.
Rapidly Changing Consumer Preferences
Trends evolve quickly, requiring continuous product innovation and marketing investment.
Sustainability Requirements
Rising demand for eco-friendly packaging and ethically sourced products increases operational complexity.
Future Outlook
The future of the gifts retailing market is highly promising. Emerging trends such as AI-powered personalization, augmented reality product visualization, and subscription-based gifting models are expected to redefine customer engagement. Sustainable gifting, experience-based products, and digital gift cards will gain further momentum.
With continued investment in technology, expanding global reach, and evolving consumer lifestyles, the gifts retailing market is positioned for sustained long-term growth through 2035.
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Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions
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