US – Personalized Gifts Market size to increase by USD 3.85 billion between 2022 to 2027 | The rise in celebrity endorsements and social media promotions drives the market – Technavio

NEW YORK, Nov. 6, 2023 /PRNewswire/ — The US – Personalized Gifts Market size is expected to grow by USD 3.85 billion, accelerating at a CAGR of 8.65% during the forecast period, according to Technavio’s market analysis. The advent of gift-giving culture and increasing demand for seasonal decorations is notably driving the personalized gifts market. However, factor such as Growing competition from homemade and DIY gifts may impede market growth. The market is segmented by Product (Non-photo personalized gifts and Photo personalized gifts), Distribution Channel (Online and Offline), and Geography (North America). Technavio provides a comprehensive report summary describing the market size and forecast along with research methodology. The sample report is available in PDF format 

US – Personalized Gifts Market 2023 – 2027:  Key Segment Analysis
The offline segment within the US personalized gifts market is expected for significant growth during the forecast period. Physical stores provide a unique shopping experience, surpassing online options as customers can physically interact with products before purchase. A prominent player in this offline segment is Personalization Mall LLC, which has established retail outlets nationwide, offering a personalized shopping journey. In-store staff assist customers in selecting the perfect gift and customizing it with unique messages or designs. This inclusive approach, including choices in charms, chains, and materials, is expected to drive the popularity of offline distribution channels, propelling the growth of the US personalized gifts.

To know additional highlights and key points on various market segments and their impact in coming years, View PDF Sample Report

US – Personalized Gifts Market 2023 – 2027:  Company Insights 
The personalized gifts market in US is fragmented, and the companies are deploying organic and inorganic growth strategies to compete in the market. The report analyzes the market’s competitive landscape and offers information on several market companies, including:

American Greetings Corp.American Stationery Co. Inc.Bed Bath and Beyond Inc.BrookstoneCimpress PlcClaranova SEContrado Imaging Ltd.Corning Inc.Ferns N Petals Pvt. Ltd.Gift Service Inc.Hallmark Card Inc.Marks and Spencer Group plcMH direkt e Commerce fulfillment GmbH and Co. KGShutterfly Inc.SnapfishThings Remembered Inc.UncommonGoods LLCYildiz Holding A.S.Zazzle Inc.1-800-FLOWERS.COM

View PDF Sample Report to find additional highlights on the growth strategies adopted by companies and their product offerings.

Related Reports:

UK Personalized Gifts Market: The UK Personalized Gifts Market size is projected to increase by USD 898.1 million and the market size is estimated to grow at a CAGR of 9.61% between 2022 and 2027.

Gifts Novelty and Souvenirs Market: The gifts novelty and souvenirs market size is estimated to grow at a CAGR of 3.4% between 2022 and 2027. The market size is forecast to increase by USD 13,731.6 million.

TOC:

Executive SummaryMarket LandscapeMarket SizingHistoric Market SizesFive Forces AnalysisMarket Segmentation by ProductMarket Segmentation by Distribution ChannelMarket Segmentation by GeographyCustomer LandscapeGeographic LandscapeDrivers, Challenges, & TrendsCompany LandscapeCompany AnalysisAppendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/us—personalized-gifts-market-size-to-increase-by-usd-3-85-billion-between-2022-to-2027–the-rise-in-celebrity-endorsements-and-social-media-promotions-drives-the-market—technavio-301978030.html

SOURCE Technavio