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Gifts Novelty and Souvenirs Market Size to grow by USD 11.88 billion by 2025 | Evolving Opportunities with American Greetings Corp & Archies Ltd.| Technavio

Technavio (PRNewsfoto/Technavio)

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Technavio

Jun 09, 2022, 09:40 ET

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NEW YORK, June 9, 2022 /PRNewswire/ -- The gifts novelty and souvenirs market size is set to grow by USD 11.88 billion from 2020 to 2025, progressing at a CAGR of 3.2%  according to the latest market report by Technavio. The gifts novelty and souvenirs market is fragmented and the vendors are deploying growth strategies such as organic and inorganic strategies to compete in the market. American Greetings Corp., Archies Ltd., Card Factory Plc, funkypigeon.com Ltd., Hallmark Licensing LLC, PersonalizationMall.com LLC, Redbubble Ltd., Scotts Highland Services Ltd., Spencer Gifts LLC, and The Walt Disney Co. are some of the major market participants.

Technavio has announced its latest market research report titled Gifts Novelty and Souvenirs Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2021-2025
Technavio has announced its latest market research report titled Gifts Novelty and Souvenirs Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2021-2025
  • American Greetings Corp. - The company offers ecards, printables, and cards by occasion type, gift wraps, gifts by occasion, category, and brands, and gift ideas with different quotations according to occasion types such as birthday, anniversary, and other celebrations.
  • To know about all major vendor offerings - Download a sample now!

Gifts Novelty and Souvenirs Market 2021-2025: Scope

 Our gifts novelty and souvenirs market report covers the following areas:

  • Gifts Novelty and Souvenirs Market size
  • Gifts Novelty and Souvenirs Market trends
  • Gifts Novelty and Souvenirs Market industry analysis

Gifts Novelty and Souvenirs Market 2021-2025: Drivers & challenges

  • The key factors driving the gifts novelty and souvenirs market growth are the technological advances leading to product innovation and premiumization. The global gifts novelty and souvenirs market is highly fragmented, which is expected to intensify over the years. The new, unique, and updated gift products drive the sales of the market. For instance, digital and illuminated photo frames are often bought as gifts and showpieces. The demand for modern and advanced products that suit the interior of the houses is also high. This has compelled the vendors to constantly invest in R&D and innovation to sustain themselves in the market. 
  • Availability of alternate products for social expression is one of the key challenges hindering gifts novelty and souvenirs market growth. The availability of alternate social expression products and services is a huge emerging challenge for the market. The social expression products market witnesses intense competition from the evolving trend of alternate social expression products and services, such as electronic devices and online platforms for communication. Vendors compete with the companies offering products and services through these modes and channels. These competitors of traditional gifts, novelty items, and souvenirs (such as greeting cards) include social media companies (such as Facebook, Twitter, and Instagram) that enable and facilitate users to post greetings and images through digital media such as the internet and mobile. Electronic gadgets (such as smart watches) are used as special gits items, especially during the festive season. Increased alternate product offerings and high adoption of digital platforms pose a huge challenge for the market.

To know more about other drivers & challenges along with the market trends - Download a sample now!

Gifts Novelty and Souvenirs Market 2021-2025: Segmentation Analysis

  • Product
    • Souvenirs And Novelty Items
    • Seasonal Decorations
    • Greeting Cards
    • Other Gift Items
  • Distribution Channel
    • Offline
    • Online
  • Geographic
    • Europe
    • North America
    • APAC
    • South America
    • MEA

To know about the market contribution of each segment - Download a sample now!

The competitive scenario provided in the Gifts Novelty And Souvenirs Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don't wait, Make a strategic approach & boost your business goals with our Gifts Novelty And Souvenirs Market Forecast Report -  Buy Now!

Gifts Novelty and Souvenirs Market 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist gifts novelty and souvenirs market growth during the next five years
  • Estimation of the gifts novelty and souvenirs market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the gifts novelty and souvenirs market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of gifts novelty and souvenirs market vendors

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Gifts Novelty And Souvenirs Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 3.2%

Market growth 2021-2025

USD 11.88 billion

Market structure

Fragmented

YoY growth (%)

3.00

Performing market contribution

Europe at 35%

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

American Greetings Corp., Archies Ltd., Card Factory Plc, funkypigeon.com Ltd., Hallmark Licensing LLC, PersonalizationMall.com LLC, Redbubble Ltd., Scotts Highland Services Ltd., Spencer Gifts LLC, and The Walt Disney Co.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table Of Contents :

1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
    • Exhibit 02: Market characteristics
  • 2.2 Value chain analysis
    • Exhibit 03: Value chain analysis for personal products

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.3 Market size 2020
  • 3.4 Market outlook: Forecast for 2020 - 2025
    • Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ billion)
    • Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 08: Five forces analysis 2020 & 2025
  • 4.2 Bargaining power of buyers
    • Exhibit 09: Bargaining power of buyers
  • 4.3 Bargaining power of suppliers
    • Exhibit 10: Bargaining power of suppliers
  • 4.4 Threat of new entrants
    • Exhibit 11: Threat of new entrants
  • 4.5 Threat of substitutes
    • Exhibit 12: Threat of substitutes
  • 4.6 Threat of rivalry
    • Exhibit 13: Threat of rivalry
  • 4.7 Market condition
    • Exhibit 14: Market condition - Five forces 2020

5 Market Segmentation by Product

  • 5.1 Market segments
    • Exhibit 15: Product - Market share 2020-2025 (%)
  • 5.2 Comparison by Product
    • Exhibit 16: Comparison by Product
  • 5.3 Souvenirs and novelty items - Market size and forecast 2020-2025
    • Exhibit 17: Souvenirs and novelty items - Market size and forecast 2020-2025 ($ billion)
    • Exhibit 18: Souvenirs and novelty items - Year-over-year growth 2020-2025 (%)
  • 5.4 Seasonal decorations - Market size and forecast 2020-2025
    • Exhibit 19: Seasonal decorations - Market size and forecast 2020-2025 ($ billion)
    • Exhibit 20: Seasonal decorations - Year-over-year growth 2020-2025 (%)
  • 5.5 Greeting cards - Market size and forecast 2020-2025
    • Exhibit 21: Greeting cards - Market size and forecast 2020-2025 ($ billion)
    • Exhibit 22: Greeting cards - Year-over-year growth 2020-2025 (%)
  • 5.6 Other gift items - Market size and forecast 2020-2025
    • Exhibit 23: Other gift items - Market size and forecast 2020-2025 ($ billion)
    • Exhibit 24: Other gift items - Year-over-year growth 2020-2025 (%)
  • 5.7 Market opportunity by Product
    • Exhibit 25: Market opportunity by Product

6 Market Segmentation by Distribution channel

  • 6.1 Market segments
    • Exhibit 26: Distribution channel - Market share 2020-2025 (%)
  • 6.2 Comparison by Distribution channel
    • Exhibit 27: Comparison by Distribution channel
  • 6.3 Offline - Market size and forecast 2020-2025
    • Exhibit 28: Offline - Market size and forecast 2020-2025 ($ billion)
    • Exhibit 29: Offline - Year-over-year growth 2020-2025 (%)
  • 6.4 Online - Market size and forecast 2020-2025
    • Exhibit 30: Online - Market size and forecast 2020-2025 ($ billion)
    • Exhibit 31: Online - Year-over-year growth 2020-2025 (%)
  • 6.5 Market opportunity by Distribution channel
    • Exhibit 32: Market opportunity by Distribution channel

7 Customer landscape

8 Geographic Landscape

  • 8.1 Geographic segmentation
    • Exhibit 34: Market share by geography 2020-2025 (%)
  • 8.2 Geographic comparison
    • Exhibit 35: Geographic comparison
  • 8.3 Europe - Market size and forecast 2020-2025
    • Exhibit 36: Europe - Market size and forecast 2020-2025 ($ billion)
    • Exhibit 37: Europe - Year-over-year growth 2020-2025 (%)
  • 8.4 North America - Market size and forecast 2020-2025
    • Exhibit 38: North America - Market size and forecast 2020-2025 ($ billion)
    • Exhibit 39: North America - Year-over-year growth 2020-2025 (%)
  • 8.5 APAC - Market size and forecast 2020-2025
    • Exhibit 40: APAC - Market size and forecast 2020-2025 ($ billion)
    • Exhibit 41: APAC - Year-over-year growth 2020-2025 (%)
  • 8.6 South America - Market size and forecast 2020-2025
    • Exhibit 42: South America - Market size and forecast 2020-2025 ($ billion)
    • Exhibit 43: South America - Year-over-year growth 2020-2025 (%)
  • 8.7 MEA - Market size and forecast 2020-2025
    • Exhibit 44: MEA - Market size and forecast 2020-2025 ($ billion)
    • Exhibit 45: MEA - Year-over-year growth 2020-2025 (%)
  • 8.8 Key leading countries
    • Exhibit 46: Key leading countries
  • 8.9 Market opportunity by geography
    • Exhibit 47: Market opportunity by geography ($ billion)

9 Drivers, Challenges, and Trends

  • 9.1 Market drivers
  • 9.2 Market challenges
  • 9.3 Market trends

10 Vendor Landscape

  • 10.1 Overview
    • Exhibit 49: Vendor landscape
  • 10.2 Landscape disruption
    • Exhibit 50: Landscape disruption
    • Exhibit 51: Industry risks

11 Vendor Analysis

  • 11.1 Vendors covered
    • Exhibit 52: Vendors covered
  • 11.2 Market positioning of vendors
    • Exhibit 53: Market positioning of vendors
  • 11.3 American Greetings Corp.
    • Exhibit 54: American Greetings Corp. - Overview
    • Exhibit 55: American Greetings Corp. - Product and service
    • Exhibit 56: American Greetings Corp. – Key news
    • Exhibit 57: American Greetings Corp. - Key offerings
  • 11.4 Archies Ltd.
    • Exhibit 58: Archies Ltd. - Overview
    • Exhibit 59: Archies Ltd. - Product and service
    • Exhibit 60: Archies Ltd. - Key offerings
  • 11.5 Card Factory Plc
    • Exhibit 61: Card Factory Plc - Overview
    • Exhibit 62: Card Factory Plc - Business segments
    • Exhibit 63: Card Factory Plc - Key offerings
    • Exhibit 64: Card Factory Plc - Segment focus
  • 11.6 funkypigeon.com Ltd.
    • Exhibit 65: funkypigeon.com Ltd. - Overview
    • Exhibit 66: funkypigeon.com Ltd. - Product and service
    • Exhibit 67: funkypigeon.com Ltd. - Key offerings
  • 11.7 Hallmark Licensing LLC
    • Exhibit 68: Hallmark Licensing LLC - Overview
    • Exhibit 69: Hallmark Licensing LLC - Product and service
    • Exhibit 70: Hallmark Licensing LLC - Key offerings
  • 11.8 PersonalizationMall.com LLC
    • Exhibit 71: PersonalizationMall.com LLC - Overview
    • Exhibit 72: PersonalizationMall.com LLC - Product and service
    • Exhibit 73: PersonalizationMall.com LLC - Key offerings
  • 11.9 Redbubble Ltd.
    • Exhibit 74: Redbubble Ltd. - Overview
    • Exhibit 75: Redbubble Ltd. - Product and service
    • Exhibit 76: Redbubble Ltd. – Key news
    • Exhibit 77: Redbubble Ltd. – Key offerings
  • 11.10 Scotts Highland Services Ltd.
    • Exhibit 78: Scotts Highland Services Ltd. – Overview
    • Exhibit 79: Scotts Highland Services Ltd. – Product and service
    • Exhibit 80: Scotts Highland Services Ltd. – Key offerings
  • 11.11 Spencer Gifts LLC
    • Exhibit 81: Spencer Gifts LLC – Overview
    • Exhibit 82: Spencer Gifts LLC – Product and service
    • Exhibit 83: Spencer Gifts LLC – Key offerings
  • 11.12 The Walt Disney Co.
    • Exhibit 84: The Walt Disney Co. – Overview
    • Exhibit 85: The Walt Disney Co. – Business segments
    • Exhibit 86: The Walt Disney Co. – Key news
    • Exhibit 87: The Walt Disney Co. - Key offerings
    • Exhibit 88: The Walt Disney Co. - Segment focus

12 Appendix

  • 12.1 Scope of the report
  • 12.2 Currency conversion rates for US$
    • Exhibit 89: Currency conversion rates for US$
  • 12.3 Research methodology
    • Exhibit 90: Research Methodology
    • Exhibit 91: Validation techniques employed for market sizing
    • Exhibit 92: Information sources
  • 12.4 List of abbreviations
    • Exhibit 93: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides 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.

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