Report ID: UCMIG25I2017
Report ID:
UCMIG25I2017 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
In 2018, the global gift wrapping products market reached a significant valuation of USD 15.1 billion. This market encompasses a wide range of products such as wrapping papers, ribbons, bows, and gift bags, which are used to enhance the presentation of gifts on various occasions. The market's growth can be attributed to factors such as increasing consumer spending on gifting, the rise of e-commerce and online gift purchases, and the growing emphasis on personalized and aesthetically pleasing packaging. As gift-giving continues to be a popular practice worldwide, the demand for attractive and creative gift wrapping products is expected to fuel the expansion of this market.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Housewares & Specialties by segment aggregation, the contribution of the Housewares & Specialties in Consumer Durables & Apparel and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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REQUEST FREE CUSTOMIZATIONThe market for Gift Wrapping Products was estimated to be valued at US$ XX Mn in 2021.
The Gift Wrapping Products Market is estimated to grow at a CAGR of XX% by 2028.
The Gift Wrapping Products Market is segmented on the basis of Raw Material, Product, Region.
Based on region, the Gift Wrapping Products Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
The key players operating in the Gift Wrapping Products Market are Hallmark, Card Factory, Mondi Group, IG Design Group plc, Karl Knauer KG, DS Smith, Shenzhen Fuxiang Gifts & Packaging Co. Ltd, Bayley’s Boxes Inc., Valtenna SRL.
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Report ID: UCMIG25I2017