The “U.S. Personalized Gifting Market – Focused Insights 2024-2029” report is now available on ResearchAndMarkets.com. In 2023, the U.S. personalized gifting market was valued at $9.07 billion and is projected to reach $13.12 billion by 2029, with a CAGR of 6.34%.
Key insights from the report highlight a growing demand for unique and personalized gifting experiences, reflecting a shift in consumer preferences. Companies are encouraged to offer innovative and memorable customization options beyond traditional products.
The clothing and accessories segment is experiencing significant growth, with a projected CAGR of 7.03%. Consumers are increasingly opting for personalized apparel and jewelry to add a unique touch to their gifts.
The online distribution channel dominates the market, driven by the convenience of online shopping. Consumers appreciate the ability to browse and purchase personalized gifts from home.
The female market segment is also growing, with a CAGR of 6.61%, fueled by the popularity of personalized jewelry and accessories.
Market Drivers
- Continuous Product Innovation: To stay competitive, companies are focusing on developing new and innovative personalized gift options. For example, Uncommon Goods offers customized constellation maps and sound wave prints.
- Rising Disposable Income: Increased disposable income allows consumers to spend more on high-quality, personalized gifts. Companies like Mark and Graham are expanding their luxury personalized gift offerings.
Vendor Landscape
The report features data on 36 vendors, including major players like American Greetings Corporation, Cimpress, Etsy, Hallmark, and Shutterfly. Key developments include:
- American Greetings: Launched the Pics & Wishes Digital Line, simplifying the creation of personalized holiday greetings on their iOS app.
- PlanetArt: Introduced the Photo Calendars Mobile App, enabling users to create custom calendars on iOS and Android.
Report Details
- Pages: 69
- Forecast Period: 2023 – 2029
- Market Value in 2023: $9.07 Billion
- Market Value by 2029: $13.12 Billion
- CAGR: 6.34%
- Regions Covered: United States
Key Vendors
- American Greetings Corporation
- Cimpress
- Etsy
- Hallmark
- Shutterfly
Other Prominent Vendors
- Moonpig
- Zazzle
- Disney
- Not Another Bill
- Gelato
- Create Gift Love
- Notonthehighstreet
- YourSurprise
- Goody
- Redbubble
- American Stationery
- Firebox
- Say It With A GIFT
- Stadium
- Snapfish
- Personalization Mall
- Forever Bespoke
- Printful
- Merchery
- Giftalove
- Uncommon Goods
- Consortium Gifts
- Winni
- Here Here Market
- Snappy
- Bed Bath & Beyond
- Contrado Imaging
- Batch Gifts
- IGP
- Mark and Graham
- Moleskine
Segmentation & Forecast
- Type: Clothing & Accessories, Home Decor, Kitchen & Tableware, Stationery & Cards, Food & Beverages, Others
- Distribution Channel: Online Channel, Specialty Stores, Supermarkets & Hypermarkets, Direct Distribution, Others
- Gender: Female, Male
For more information about this report, visit ResearchAndMarkets.com.
