Gifts Retailing Market to Reach USD 101 Billion by 2033 – Personalization and Online Shopping Fueling Growth - Pratikdahe1/Ian-Gonzales GitHub Wiki
The global gifts retailing market is on a positive growth path, expected to rise from around USD 72.5 billion in 2024 to nearly USD 101 billion by 2033, growing at a steady CAGR of 3.7%. Gift-giving is a timeless tradition, and today, it’s more than just an exchange—people want their gifts to feel meaningful and memorable. This has led to rising demand for personalized, creative, and thoughtful gift items that cater to every kind of occasion and relationship.
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With more people shopping online, the gifts retailing market has expanded beyond traditional brick-and-mortar stores. E-commerce platforms now offer easy browsing, customization options, and quick delivery, making them a preferred choice for gift shopping. Personalization is at the heart of this growth—items like custom mugs, photo books, engraved accessories, and name-tagged products are becoming incredibly popular. Seasonal events like Christmas, Valentine’s Day, birthdays, and corporate gifting campaigns continue to drive consistent sales year-round.
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Physical stores still play a strong role, especially in premium and experiential gifting. Stores offering unique in-store experiences, curated selections, and packaging services continue to attract loyal customers. In many regions, especially urban centers, gift shops are evolving to include lifestyle items, home décor, and wellness products to meet changing preferences.
Leading players in this space include Hallmark, Card Factory, Things Remembered, Archies, and a variety of local boutique retailers and online gifting platforms. Small businesses, artisans, and independent creators are also contributing to the market’s diversity, especially through marketplaces like Etsy and Shopify. These brands focus on offering niche, handmade, or custom-made products that appeal to younger and experience-driven consumers.
As people increasingly look for gifts that speak from the heart, and as shopping continues to shift online, the gift retail market is set to remain strong. Sustainability is also becoming a key factor, with more consumers choosing eco-friendly packaging, reusable gift items, and gifts that support small businesses or local causes.
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