Product Code: ETC13145196 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Gifts Retailing Market was valued at USD 250 Billion in 2024 and is expected to reach USD 360 Billion by 2031, growing at a compound annual growth rate of 5.30% during the forecast period (2025-2031).
The Global Gifts Retailing Market is a dynamic and diverse industry that encompasses a wide range of products such as souvenirs, novelty items, seasonal gifts, and personalized gifts. The market is driven by consumer trends towards experiential gifting, customization, and sustainable products. Key players in the market include specialty gift shops, department stores, online retailers, and artisanal gift makers. The rise of e-commerce has significantly impacted the market, offering consumers a convenient way to purchase gifts online. In addition, the increasing demand for unique and personalized gifts has led to a growing market for handmade and artisanal products. The market is highly competitive, with companies constantly innovating to offer new and exciting gift options to consumers worldwide.
The Global Gifts Retailing Market is experiencing a shift towards personalized and unique gift options, driven by consumers seeking more meaningful and memorable presents. E-commerce is playing a significant role in this market, with the rise of online gift shopping platforms offering convenience and a wide selection of products. Sustainability and ethical sourcing are also key trends, as consumers are increasingly conscious of the environmental and social impact of their purchases. The growing popularity of experiential gifts, such as travel packages and event tickets, presents a lucrative opportunity for retailers to diversify their offerings. Additionally, the influence of social media in shaping gift-giving trends provides avenues for retailers to engage with customers and showcase their products effectively. Overall, there is a growing demand for innovative and socially responsible gift options in the Global Gifts Retailing Market.
The Global Gifts Retailing Market faces challenges such as increasing competition from e-commerce platforms, shifting consumer preferences towards experiences rather than physical gifts, and the impact of economic fluctuations on consumer spending habits. Brick-and-mortar gift retailers are also struggling to adapt to the digital age and provide a seamless omnichannel shopping experience to customers. Additionally, the rise of sustainability concerns and ethical sourcing practices have put pressure on gift retailers to offer eco-friendly and socially responsible products. Meeting these challenges requires gift retailers to innovate their product offerings, enhance their online presence, and create unique in-store experiences to stay competitive in the market.
The Global Gifts Retailing Market is primarily driven by the increasing consumer preference for unique and personalized gifting options, which has led to the growth of specialty gift shops and online platforms offering a wide variety of products. Additionally, the rise of e-commerce has significantly contributed to the market expansion, providing ease of access and convenience for consumers to purchase gifts from anywhere at any time. Social media and influencer marketing have also played a crucial role in driving the market, as they create trends and influence purchasing decisions. Furthermore, seasonal occasions such as holidays, birthdays, and anniversaries continue to fuel the demand for gifts, driving the overall growth of the market.
Government policies related to the Global Gifts Retailing Market vary by country but generally include regulations on imports and exports, consumer protection laws, taxation, and intellectual property rights. Some governments may offer incentives or subsidies to promote the growth of the gifts retailing industry, while others may impose restrictions on certain types of gifts or products. Additionally, there are often regulations related to e-commerce and online retailing in the gifts market, including data privacy laws and electronic transactions regulations. Overall, government policies aim to ensure fair competition, protect consumers, and support the growth of the gifts retailing market while also addressing issues such as environmental sustainability and ethical sourcing practices.
The Global Gifts Retailing Market is expected to witness steady growth in the coming years, driven by increasing consumer demand for unique and personalized gift items. With the rise of e-commerce platforms and the growing popularity of online shopping, the market is poised to expand as consumers seek convenience and a wider range of options. Personalized and customized gifts are anticipated to be a key trend, as consumers look for more meaningful and thoughtful presents. Additionally, the market is likely to benefit from the growing trend of experiential gifting, with consumers preferring experiences over material possessions. Overall, the Global Gifts Retailing Market is projected to continue to grow, offering opportunities for retailers to innovate and cater to evolving consumer preferences.
In the global gifts retailing market, each region offers unique opportunities and challenges. Asia is a rapidly growing market driven by increasing disposable income and a growing middle class population. North America remains a key player with a strong gifting culture and a focus on premium and personalized gifts. Europe is characterized by a diverse consumer base and a strong demand for sustainable and artisanal gifts. The Middle East and Africa region is witnessing growth due to rising tourism and a growing interest in luxury gifting. Latin America presents opportunities for growth with a focus on traditional and culturally significant gifts. Overall, the global gifts retailing market is dynamic and evolving, with each region contributing to the industry`s diversity and innovation.
Global Gifts Retailing Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Gifts Retailing Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Gifts Retailing Market Revenues & Volume, 2021 & 2031F |
3.3 Global Gifts Retailing Market - Industry Life Cycle |
3.4 Global Gifts Retailing Market - Porter's Five Forces |
3.5 Global Gifts Retailing Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Gifts Retailing Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Global Gifts Retailing Market Revenues & Volume Share, By Product, 2021 & 2031F |
4 Global Gifts Retailing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Gifts Retailing Market Trends |
6 Global Gifts Retailing Market, 2021 - 2031 |
6.1 Global Gifts Retailing Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Gifts Retailing Market, Revenues & Volume, By Offline, 2021 - 2031 |
6.1.3 Global Gifts Retailing Market, Revenues & Volume, By Online, 2021 - 2031 |
6.2 Global Gifts Retailing Market, Revenues & Volume, By Product, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Gifts Retailing Market, Revenues & Volume, By Souvenirs and novelty items, 2021 - 2031 |
6.2.3 Global Gifts Retailing Market, Revenues & Volume, By Seasonal decorations, 2021 - 2031 |
6.2.4 Global Gifts Retailing Market, Revenues & Volume, By Greeting cards, 2021 - 2031 |
6.2.5 Global Gifts Retailing Market, Revenues & Volume, By Giftware, 2021 - 2031 |
6.2.6 Global Gifts Retailing Market, Revenues & Volume, By Other gift items, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Gifts Retailing Market, Overview & Analysis |
7.1 North America Gifts Retailing Market Revenues & Volume, 2021 - 2031 |
7.2 North America Gifts Retailing Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Gifts Retailing Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Gifts Retailing Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Gifts Retailing Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Gifts Retailing Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
7.4 North America Gifts Retailing Market, Revenues & Volume, By Product, 2021 - 2031 |
8 Latin America (LATAM) Gifts Retailing Market, Overview & Analysis |
8.1 Latin America (LATAM) Gifts Retailing Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Gifts Retailing Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Gifts Retailing Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Gifts Retailing Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Gifts Retailing Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Gifts Retailing Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Gifts Retailing Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
8.4 Latin America (LATAM) Gifts Retailing Market, Revenues & Volume, By Product, 2021 - 2031 |
9 Asia Gifts Retailing Market, Overview & Analysis |
9.1 Asia Gifts Retailing Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Gifts Retailing Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Gifts Retailing Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Gifts Retailing Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Gifts Retailing Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Gifts Retailing Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Gifts Retailing Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
9.4 Asia Gifts Retailing Market, Revenues & Volume, By Product, 2021 - 2031 |
10 Africa Gifts Retailing Market, Overview & Analysis |
10.1 Africa Gifts Retailing Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Gifts Retailing Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Gifts Retailing Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Gifts Retailing Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Gifts Retailing Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Gifts Retailing Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Gifts Retailing Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
10.4 Africa Gifts Retailing Market, Revenues & Volume, By Product, 2021 - 2031 |
11 Europe Gifts Retailing Market, Overview & Analysis |
11.1 Europe Gifts Retailing Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Gifts Retailing Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Gifts Retailing Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Gifts Retailing Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Gifts Retailing Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Gifts Retailing Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Gifts Retailing Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
11.4 Europe Gifts Retailing Market, Revenues & Volume, By Product, 2021 - 2031 |
12 Middle East Gifts Retailing Market, Overview & Analysis |
12.1 Middle East Gifts Retailing Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Gifts Retailing Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Gifts Retailing Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Gifts Retailing Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Gifts Retailing Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Gifts Retailing Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
12.4 Middle East Gifts Retailing Market, Revenues & Volume, By Product, 2021 - 2031 |
13 Global Gifts Retailing Market Key Performance Indicators |
14 Global Gifts Retailing Market - Export/Import By Countries Assessment |
15 Global Gifts Retailing Market - Opportunity Assessment |
15.1 Global Gifts Retailing Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Gifts Retailing Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
15.3 Global Gifts Retailing Market Opportunity Assessment, By Product, 2021 & 2031F |
16 Global Gifts Retailing Market - Competitive Landscape |
16.1 Global Gifts Retailing Market Revenue Share, By Companies, 2024 |
16.2 Global Gifts Retailing Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |