Global Gifts Novelty and Souvenirs Market 2021-2025

Global Gifts Novelty and Souvenirs Market 2021-2025

  • April 2021 •
  • 120 pages •
  • Report ID: 3938130 •
  • Format: PDF
Global Gifts Novelty And Souvenirs Market 2021-2025
The analyst has been monitoring the gifts novelty and souvenirs market and it is poised to grow by $ 11.88 billion during 2021-2025, progressing at a CAGR of over 3% during the forecast period. Our report on gifts novelty and souvenirs market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the technological advances leading to product innovation and premiumization and growing culture of gifting. In addition, technological advances leading to product innovation and premiumization is anticipated to boost the growth of the market as well.
The gifts novelty and souvenirs market analysis include product segment, distribution channel segment, and geographic landscape.

The gifts novelty and souvenirs market is segmented as below:
By Product
• Souvenirs and novelty items
• Seasonal decorations
• Greeting cards
• Other gift items

By Distribution Channel
• Offline
• Online

By Geographical Landscape
• Europe
• North America
• APAC
• South America
• MEA

This study identifies the increase in in-bound international tourism propelling the sales of gift itemsas one of the prime reasons driving the gifts novelty and souvenirs market growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on gifts novelty and souvenirs market covers the following areas:
• Gifts novelty and souvenirs market sizing
• Gifts novelty and souvenirs market forecast
• Gifts novelty and souvenirs market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading gifts novelty and souvenirs market vendors that include 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. Also, the gifts novelty and souvenirs market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.