Brick-and-mortar retail and online retail form two key channels for the retail industry. A wide range of products is sold as gifts, novelty, and souvenirs in the global retail market. Based on the product offerings of the major global gift retail players, the products can be divided into five major segments: souvenirs and novelty items, seasonal decoration, greeting cards, giftware, and other products. The other products segment includes accessories, candles, ceramics/pottery, collectibles, gift books, gift packaging, jewelry, personal care, photo frames, plush products, stationery, and wall art.
The global gifts novelty and souvenirs market witnessed the highest demand from Europe, which emerged as the highest revenue contributor in the market. Factors such as the growing tourism industry in the region and the increasing demand for premium-priced and customized gifts in the UK, France, Italy, Spain, and Germany contributed to the growth of the market. The other key geographies analyzed were the Americas, APAC, and MEA.
The global Gifts Novelty and Souvenirs market was valued at US$ million in 2020 and is expected to reach US$ million by the end of 2027, growing at a CAGR of % during 2021-2027.
This report focuses on Gifts Novelty and Souvenirs volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Gifts Novelty and Souvenirs market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
Global Gifts Novelty and Souvenirs Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Souvenirs and Novelty
Seasonal Decorations
Greeting Cards
Giftware
Others
Segment by Application
Online Retail
Offline Retail
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
American Greetings
Card Factory
Hallmark
Spencer Gifts
Alibaba Group
The global gifts novelty and souvenirs market witnessed the highest demand from Europe, which emerged as the highest revenue contributor in the market. Factors such as the growing tourism industry in the region and the increasing demand for premium-priced and customized gifts in the UK, France, Italy, Spain, and Germany contributed to the growth of the market. The other key geographies analyzed were the Americas, APAC, and MEA.
The global Gifts Novelty and Souvenirs market was valued at US$ million in 2020 and is expected to reach US$ million by the end of 2027, growing at a CAGR of % during 2021-2027.
This report focuses on Gifts Novelty and Souvenirs volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Gifts Novelty and Souvenirs market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
Global Gifts Novelty and Souvenirs Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Souvenirs and Novelty
Seasonal Decorations
Greeting Cards
Giftware
Others
Segment by Application
Online Retail
Offline Retail
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
American Greetings
Card Factory
Hallmark
Spencer Gifts
Alibaba Group
Frequently Asked Questions
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