Party Supplies Market By Product Type (Balloons, Banners, Pinatas, Games, Home Decor, Tableware/Disposables, Take Away Gifts, Others), By Application (Commercial Use, Domestic Use), By Distribution Channel (Supermarket/Hypermarket, Convenience Stores, Specialized Stores, E-commerce, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032
The global party supplies market was valued at $12,257.9 million in 2021, and is projected to reach $28,792.9 million by 2031, registering a CAGR of 9.0% from 2022 to 2031.
Party supplies are the essential items and accessories required to organize a party or event. They are available in different types, designs, and colors. Party supplies include balloons, banners, lights, candles, decorative bags & boxes, and others. In addition, party supplies are easily available in the market through various distribution channels, including online stores, supermarkets/hypermarket, specialized stores, and others. This, in turn, has driven the growth of the party supplies market in terms of value sales.
Growth in the wedding planning & event management industry across the globe fuels the growth of the market. Moreover, rise in urban population across the globe further fuels the growth of the party supplies market. However, rise in consumer awareness regarding the harmful effects of non-biodegradable party supplies is expected to hamper the growth of the market. Furthermore, rise in number of consumers considering eco-friendly party supplies and rapid growth of online retail platform are anticipated to offer lucrative opportunities for the market growth, in terms of value sales, during the forecast period.
The global party supplies market is segmented into product type, application, distribution channel, and region. By product type, the market is classified into balloons, banners, pinatas, games, tableware/disposables, home decor, take away gifts, and others. By application, is the market is divided into commercial use and domestic use. Based on distribution channel, the market is segregated into convenience stores, e-commerce, supermarket/hypermarket, specialized stores, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The key players operating in the global party supplies market focus on prominent strategies to overcome competition and maintain as well as improve their market share globally. Some of the major players in the global party supplies market analyzed in this report include Party City, Unique Industries, Martha Stewart, American Greetings, Pioneer Worldwide, Hallmark, Shutterfly, Artisano Designs, Chinet, and Oriental Trading Company.
Key Benefits For StakeholdersThis report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the party supplies market analysis from 2021 to 2031 to identify the prevailing party supplies market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the party supplies market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global party supplies market trends, key players, market segments, application areas, and market growth strategies.
Key Market SegmentsBy Distribution ChannelSupermarket/Hypermarket
Convenience Stores
Specialized Stores
E-commerce
Others
By Product TypeBalloons
Banners
Pinatas
Games
Home Decor
Tableware/Disposables
Take Away Gifts
Others
By ApplicationCommercial Use
Domestic Use
By RegionNorth America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Turkey
Rest of LAMEA
Key Market Players
American Greetings Corporation
Artisano Designs
Hallmark Licensing, LLC.
Huhtamaki
Martha Stewart Living Omnimedia, Inc.
Oriental Trading Company
Party City Holdco Inc.
Pioneer Worldwide
Shutterfly, Inc.
Unique Industries, Inc.
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