openPR Logo
Press release

India Gifting Market to Reach USD 1,089.9 Million by 2034, Growing at 3.10% CAGR - IMARC Group

03-09-2026 11:34 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

India Gifting Market to Reach USD 1,089.9 Million by 2034,

Source: IMARC Group | Category: Retail | Author Name: Gaurav

Report Introduction

According to IMARC Group's latest report titled "India Gifting Market Size, Share, Trends and Forecast by Purpose, Type, Sales Channel, and Region, 2026-2034", the market is growing due to rising disposable incomes, rapid digital transformation, and the increasing demand for personalized gifting solutions. The study offers a profound analysis of the industry, encompassing India gifting market share, size, growth factors, key trends, and regional insights. The report covers critical market dynamics, including the boom in digital gifting (e-gift cards, virtual experiences), the rise of personalized gifting facilitated by AI, and the expansion of quick-commerce delivery services for gifts.

Market At-A-Glance: Key Statistics (2026-2034):

• Current Market Size (2025): USD 816.3 Million
• Projected Market Size (2034): USD 1,089.9 Million
• Growth Rate (CAGR): 3.10%
• Key Segments: Corporate Gifting, Personal Accessories, and Online Sales Channel.

Request a Business Sample Report for Procurement & Investment Evaluation: https://www.imarcgroup.com/india-gifting-market/requestsample

India Gifting Market Overview

The India gifting market size reached USD 816.3 Million in 2025. Looking forward, IMARC Group expects the market to reach USD 1,089.9 Million by 2034, exhibiting a steady growth rate (CAGR) of 3.10% during 2026-2034.

The market is primarily driven by the cultural importance of gifting in India during festivals (Diwali, Rakhi) and special occasions (weddings, birthdays). The shift towards corporate gifting is significant, with companies using premium gifts to engage employees and clients. The rapid adoption of digital payment systems (UPI) and high internet penetration have fueled the growth of e-gift vouchers and virtual gifting experiences. Furthermore, the rising demand for unique, customized products has led to the emergence of platforms offering AI-driven gift recommendations and personalized hampers. The "quick-commerce" trend, enabling instant delivery of gifts in major cities, is also reshaping consumer behavior and market logistics.

Top Emerging Trends in the India Gifting Market:

• Digital Gifting: Surge in popularity of e-gift cards and virtual experiences (online workshops, digital gold) due to convenience and instant delivery.

• Personalization: Growing demand for customized items like engraved jewelry and photo-printed accessories, supported by AI recommendation engines.

• Experience Gifting: Shift from physical products to experience-based gifts such as spa vouchers, dining experiences, and adventure trips.

• Quick Commerce: Launch of instant delivery services (e.g., IGP.com's 30-minute delivery) to cater to last-minute gifting needs.

India Gifting Market Growth Factors (Drivers)

• Rising Disposable Income: Increased spending power allowing consumers to purchase premium and branded gifts.

• Digital Transformation: Growth of e-commerce platforms and digital wallets making gifting seamless and accessible.

• Corporate Culture: Expansion of the corporate sector driving demand for employee appreciation and client relationship gifts.

• Social Media Influence: Trends on platforms like Instagram influencing gifting choices, particularly for personalized and aesthetic products.

Market Segmentation

Purpose Insights:

• Corporate Gifting
• Personal Gifting

Type Insights:

• Souvenirs
• Personal Accessories
• Decorative Items
• Greeting Cards
• E-Gift Vouchers
• Others

Sales Channel Insights:

• Local Shops
• Exclusive Outlets
• Multi-Branded Shops
• Online
• Others

Regional Insights:

• North India
• South India
• East India
• West India

India Gifting Market Recent Developments & News

• August 2024: Aditya Birla Capital Digital launched digital gifting products like DigiGold Gifting on its ABCD platform.

• August 2024: FlowerAura collaborated with celebrities for an exclusive Rakhi collection, emphasizing authenticity in e-commerce.

• October 2024: Bakingo introduced a "Make Your Own Hamper" feature for Diwali, enhancing personalization.

• February 2024: IGP.com launched a 30-minute instant delivery service in India to enhance the customer gifting experience.

Why Buy This Report? (High-Value Insights)

• Granular Segmentation: Detailed analysis of Corporate vs. Personal gifting trends.

• Regional Hotspots: Insights into high-demand regions during festive seasons.

• Competitive Landscape: Profiling of major players like Archies, Ferns N Petals, and IGP, and their strategies for capturing the digital market.

• Future Outlook: Data-driven forecasts on the impact of Blockchain and NFTs on the future of digital gifting.

Key Highlights of the Report

• Market Forecast (2026-2034): Quantitative data on market value and steady growth.

• Competitive Landscape: Comprehensive analysis of market structure and key player positioning.

• Strategic Analysis: Porter's Five Forces analysis and value chain assessment.

• Consumer Behavior: Insights into the shift towards sustainable and eco-friendly gifts.

Request Customized: https://www.imarcgroup.com/request?type=report&id=29728&flag=E

Customization Note: If you require specific data we can provide it as part of our customization services.

Also Browse Related Links:

India Essential Oil Market: https://www.imarcgroup.com/india-essential-oil-market/requestsample

India Membranes Market: https://www.imarcgroup.com/india-membranes-market/requestsample

India Electric Rickshaw Market: https://www.imarcgroup.com/india-electric-rickshaw-market/requestsample

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.

IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release India Gifting Market to Reach USD 1,089.9 Million by 2034, Growing at 3.10% CAGR - IMARC Group here

News-ID: 4417080 • Views: …

More Releases from IMARC Group

Brazil Freight and Logistics Market Size to Reach USD 162.03 Billion by 2034, Growing at 4.37% CAGR
Brazil Freight and Logistics Market Size to Reach USD 162.03 Billion by 2034, Gr …
Brazil Freight and Logistics Market Report 2026 Market Size in 2025: USD 110.26 Billion Market Size in 2026: USD 115.08 Billion Market Forecast in 2034: USD 162.03 Billion Market Growth Rate: 4.37% (2026-2034) According to the latest report by IMARC Group, titled "Brazil Freight and Logistics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2026-2034," the Brazil freight and logistics market grew from USD 110.26 Billion in 2025 to USD 115.08 Billion in 2026.…
Mexico Activewear Market Growth, Size, Share & Industry Analysis Report 2034
Mexico Activewear Market Growth, Size, Share & Industry Analysis Report 2034
The latest report by IMARC Group, titled "Mexico Activewear Market Size, Share, Trends and Forecast by Product Type, Material Type, Pricing, Age Group, Distribution Channel, End User, and Region, 2026-2034", offers a comprehensive analysis of the industry, which comprises insights on the global cheese market. The report also includes competitor and regional analysis, and contemporary advancements. Mexico Activewear Market Size, Growth, and Forecast (2026-2034) The Mexico activewear market size was valued at…
Calcium Cyanamide Plant Setup Cost 2026: Production Business Plan, Startup Investment & Profitability Analysis
Calcium Cyanamide Plant Setup Cost 2026: Production Business Plan, Startup Inves …
Setting up a calcium cyanamide production plant in 2026 requires clarity on a few core variables: feedstock sourcing, production capacity, capital investment, operating cost structure, and profitability under prevailing market conditions. This feasibility study covers the calcium cyanamide production plant cost, and the machinery and raw materials needed. The calcium cyanamide market is driven by increasing investments in sustainable farming practices and balanced nutrient management that are expected to support…
Milk Plant Setup Cost 2026: Processing Business Opportunity, Investment Requirements & Financial Analysis
Milk Plant Setup Cost 2026: Processing Business Opportunity, Investment Requirem …
Setting up a milk processing plant in 2026 requires clarity on a few core variables: end-use application mix, production capacity, capital investment, operating cost structure, and profitability under prevailing regulatory conditions. This feasibility study covers the milk processing plant cost, and the machinery and raw materials needed. The global milk market is primarily driven by the rising demand for safe, pasteurized, and value-added dairy products, increasing urban consumption of packaged…

All 5 Releases


More Releases for India

India Smart Air Purifier Market Set to Witness Significant Growth by 2035 | Phil …
India smart air purifier market was valued at $125.8 million in 2024 and is projected to reach $298.7 million by 2035, growing at a CAGR of 8.3% during the forecast period (2025-2035). India Smart Air Purifier Market Overview The Indian smart air purifier market is experiencing significant growth, driven by increasing concerns over air pollution and its impact on health. Consumers are increasingly adopting smart air purifiers equipped with advanced features…
Ayurvedic Service Market is Flourishing Like Never Before | Patanjali Ayurved Li …
RnM newly added a research report on the Ayurvedic Service market, which represents a study for the period from 2020 to 2026. The research study provides a near look at the market scenario and dynamics impacting its growth. This report highlights the crucial developments along with other events happening in the market which are marking on the growth and opening doors for future growth in the coming years. Additionally, the…
Pasta Market Report 2019 Companies included Bambino (India), Nestle (USA), Field …
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2019 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2019 to 2025, etc. The report also provides detailed segmentation on the…
Interior Designers India, Designers and Architects India, Interior Design Consul …
Synergy Corporate Interiors Pvt. Ltd. are offer Designers and Architects India Our architects, designers are working an national and international client base. The final design output is then integrated with the various technical and engineering aspects and taken into production. The expression is also individualistic, based on the communication of the correct corporate identity. Our designers, engineers and architects perform any plan successfully combine handy knowledge with creative ideas into…
Domain Registration India, Web Hosting India, VPS Hosting India , SSL Certificat …
All the Domain Registration services are at affordable price and assure you for the 100% quality. India Internet offers cheap domain name registration for many domain extensions available. We are a full-service web site solutions provider. We offer a full range of web services including domain registration India, Web Hosting India, Web design, SEO marketing and etc. We offer different standard and different Windows .NET low-cost, full-featured, all-inclusive web hosting and domain…
Domain Registration India, Web Hosting India, Payment Gateway India
Indiainternet.in is a Quality Web Hosting Company India, provide all web related support and Web hosting services like linux web hosting, windows web hosting, web hosting packages, domain registration in india, Corporate email solution, business email hosting, payment gateway integration, SSL with supports like free php, cgi, asp, free msaccess, free cdonts, free webmail, web based control panel, unlimited ftp access, unlimited data transfer. During the domain registration process, you will…