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Gifts Retailing Market Size Expected to Reach USD 2,314.61 Billion by 2035 with 10.82% CAGR from 2025 to 2035, Driven by E-Commerce and Personalization Trends
Gifts Retailing Market Overview
The Gifts Retailing Market is witnessing remarkable expansion as consumers increasingly embrace personalized, experiential, and sustainable gifting options. Valued at USD 747.60 billion in 2024, the market is projected to grow to USD 2,314.61 billion by 2035, registering a strong CAGR of 10.82% during the forecast period (2025–2035).
From luxury jewelry and designer merchandise to subscription boxes and digital experiences, the modern gifting ecosystem is evolving rapidly. The rise of online platforms, growing consumer affluence, and social media influence have all reshaped the way people purchase and exchange gifts.
Key Market Drivers
- E-Commerce Dominance:
- Online retailing has transformed the gifting industry by offering a vast selection, global reach, and seamless delivery. The integration of AI-based recommendations and same-day delivery options is elevating the digital gifting experience.
- Personalization and Customization:
- The demand for personalized gifts — from engraved jewelry and custom mugs to photo albums and curated hampers — continues to surge as consumers seek meaningful, one-of-a-kind experiences.
- Experiential Gifting Trend:
- Beyond tangible products, people are now gifting experiences such as spa sessions, travel vouchers, concert tickets, and adventure activities, especially among younger demographics.
- Growing Affluence and Lifestyle Upgrades:
- Rising disposable incomes in both developed and emerging economies have boosted consumer spending on premium, branded, and exclusive gifts.
- Subscription Box Revolution:
- Monthly or quarterly gift boxes, offering themes like wellness, beauty, or gourmet foods, are increasingly popular among millennials and Gen Z buyers.
Emerging Market Opportunities
- Personalized Gifts:
- Customization is becoming a defining feature of the gifting market. Brands are leveraging AI and 3D printing to deliver tailor-made gifts for every occasion.
- Experiential Gifts:
- Travel, entertainment, and wellness experiences are gaining preference over material gifts, providing emotional and memorable value.
- Sustainable Gifts:
- Eco-friendly packaging, ethically sourced materials, and sustainable production methods are appealing to environmentally aware consumers.
- Subscription Boxes:
- These recurring gift formats ensure customer retention and long-term engagement through curated surprises delivered to the doorstep.
- Online Gifting Platforms:
- The convenience of digital transactions and doorstep delivery continues to make online gifting one of the fastest-growing segments.
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Market Segmentation
- By Product Type: Personalized Gifts, Fashion & Accessories, Toys & Games, Jewelry, Home Décor, Flowers, Food & Beverages, Experiences
- By Distribution Channel: Online, Specialty Stores, Department Stores, Supermarkets/Hypermarkets
- By Target Audience: Men, Women, Kids, Corporate
- By Occasion: Birthdays, Weddings, Anniversaries, Festivals, Corporate Events, Others
- By Price Range: Economy, Mid-range, Premium, Luxury
- By Region: North America, Europe, Asia-Pacific (APAC), South America, Middle East & Africa (MEA)
This diverse segmentation reflects the industry’s adaptability to shifting consumer preferences and regional trends.
Regional Insights
- North America:
- Dominates the market with strong e-commerce infrastructure and high demand for personalized and luxury gifting options.
- Europe:
- Sustainability-driven consumers are propelling the demand for eco-friendly and experiential gifts, particularly in the U.K., Germany, and France.
- Asia-Pacific (APAC):
- Expected to witness the fastest growth due to rapid digital adoption, growing disposable incomes, and increasing online gifting platforms in China and India.
- South America & MEA:
- Emerging markets are gaining traction through rising brand awareness, mobile commerce growth, and festive gifting cultures.
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Competitive Landscape
The Gifts Retailing Market features a dynamic mix of global brands and niche retailers focusing on innovation, personalization, and omnichannel presence.
Key Players Include:
American Greetings, Waterford Crystal, Mattel, Hasbro, Signet Jewelers, Swarovski, Richemont, Pandora Jewelry, LVMH, Tiffany & Co., Starbucks, Lenox, Nike, Kering, and Hallmark.
These companies are expanding through collaborations, digital campaigns, influencer marketing, and sustainable product lines to stay relevant in the evolving gifting ecosystem.
Future Outlook
The future of the Gifts Retailing Market is defined by digital transformation, sustainability, and emotional connection. As consumers move toward thoughtful and eco-conscious choices, brands that offer personalization and convenience will lead the market.
By 2035, the market’s value is expected to triple, driven by the fusion of technology, creativity, and experience-driven gifting. Subscription models, augmented reality gifting previews, and green packaging will further enhance consumer engagement.
Ultimately, the gifting industry is no longer just about giving — it’s about creating memories and experiences that last beyond the occasion.
Table of Contents
- Executive Summary
- Competitive Landscape
- Future Outlook
- Market Introduction
- Market Dynamics
- Market Segmentation
- Regional Analysis
- Conclusion
- Appendix
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