10/5/2023 0 Comments Download customized giftsThe continuous development of new products is notably driving the personalized gifts market growth. Vendors operating in the market are focusing on expanding their product lines by launching new variants of personalized gifts. Although there has been a decrease in demand for the market during the COVID-19 pandemic, a holistic analysis of drivers will help companies refine marketing strategies to gain a competitive advantage. Our researchers studied the data for years, with 2022 as the base year and 2023 as the estimated year, and presented the market's key drivers, trends, and challenges. The continuous development of new products is notably driving the personalized gifts market growth, although factors such as the seasonal nature of the market may impede the market growth. To learn more about this report, Download the Report Sample Personalized Gifts Market: Key Drivers, Trends, Challenges, and Customer Landscape What will the Size of the Personalized Gifts Market be During the Forecast Period? Furthermore, the report includes historic market data from 2017 to 2021. It also includes an in-depth analysis of drivers, trends, and challenges. This report extensively covers market segmentation by distribution channel (online and offline), product (non-photo personalized gifts and photo personalized gifts), and geography (APAC, North America, Europe, Middle East, and Africa, and South America). The size of the market is forecast to increase by USD 13,011.27 million. The growth of the market depends on several factors, including the continuous development of new products, the rising demand for 3D-printed personalized gifts, and the growing popularity of private-label brands. The personalized gifts market is estimated to grow at a CAGR of 7.85% between 20.
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