The global gifts retailing market will register a revenue of almost USD 77 billion by 2022.
Global Gifts Retailing Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, one driver in the market is rise in demand for seasonal decorations and growing gifting culture. According to this market research and analysis, the continuous rise for seasonal decorations and growing gifting culture will be the key factors fueling the market's growth during the next few years. Consumers in the advanced economies including the US and the UK contribute to the major demand for seasonal gifts.
One trend in the market is rise in demand for specialized merchandize. With the growing demand for novelty and souvenir gifts, vendors in the gift card industry are focused on offering specialized merchandise. The personalized gifts market exhibits a clear distinction between mass and specialty merchandisers.
Further, the report states that one challenge in the market is pricing pressures due to fierce market competition. The presence of numerous players in the market increases market competition, which in turn, leads to increased pricing pressure.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING 2017-2022
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY PRODUCT
Comparison by product
Global souvenirs and novelty items market
Global seasonal decorations market
Global greeting cards market
Global giftware market
Global other gift items market
Market opportunity by product
PART 08: CUSTOMER LANDSCAPE
PART 09: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
Comparison by distribution channel
Global gifts retailing market through offline distribution channel
Global gifts retailing market through online distribution channel
Market opportunity by distribution channel
PART 10: REGIONAL LANDSCAPE
Key leading countries
Market opportunity by region
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
PART 13: MARKET TRENDS
Rise in demand for specialized merchandise
Offering personalized gifts, enhanced customer service, and introduction of customer loyalty programs