UK Personalized Gifts Market Research Report Forecast to 2028
The UK personalized gifts market is expected to register 6.82% CAGR during the forecast period, 2021 to 2028, and is expected to reach USD 2,103.78 million in 2028.
Personalized Gifts are gifts that could be designed as per your requirements and expectation. An assortment of styles, shadings, and strategies can be utilized to oblige individual inclinations. Customized or personalized gifts go under a few classifications, including dress, adornments, journals, work area embellishments, photograph outlines, divider enhancement, and chocolate and chocolate platters. Increasing concerns about personalized gift and growing need for eco-friendly personalized gift packaging are driving the market during the forecast period. High costs of customized gifts are expected to hamper the market growth during the forecast period. However, growing use of eco-friendly and well disposable products is expected to create a significant opportunity for the market during the forecast period
The expanding pattern of gift trade among shoppers is a significant factor supporting the development of the worldwide Personalized Gifts Market share in the expected future period. This pattern of gift-trade has expanded essentially since the last decade. With globalization and the acknowledgment of culturally diverse celebrations and festivities, the pattern of gift-trade has expanded around the world. Individuals will, in general, present at different events like commemorations, birthday events, kinship day, Valentine’s Day, Mother’s Day, Father’s Day, and various celebrations. A personalized gift could make your close one feel more special at any event. Hence there is a high demand for personalized gifts, which is expanding the Market all over the globe in the future estimated period.
Market Segmentation
The UK personalized gifts market is segmented on the basis of product type, end user, and distribution channel. Based on product type the market is segmented into personalized clothing, personalized chocolates & chocolate platters, personalized accessories, personalized gifts for kids, personalized diaries & desk accessories, personalized photo frames & wall decoration, and others. On the basis of end user the market is segmented into men, women, unisex, and kids. Based on distribution channel, the UK market is segmented as store-based and non-store-based. The store-based sub-segment is further classified as supermarkets & hypermarkets, convenience stores, specialty stores, and others. The non-store-based (online) sub-segment is further classified as direct and indirect.
Major Players
Some of the players operating in the market are YPP Group (England), For You Gifts (England), Bags Of Love (England), Your Gift Partner LTD (Custom Gifts) (England), Signature Gifts Ltd (England), Getting Personal (England), YourSurprise (Netherlands), Prezzybox.Com Ltd (England), British Made Gifts (England), and Notonthehighstreet Enterprises Limited (England).
COVID 19 Impacts
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Companies Mentioned
YPP Group (England)
For You Gifts (England)
Bags Of Love (England)
Your Gift Partner LTD (Custom Gifts) (England)
Signature Gifts Ltd (England)
Getting Personal (England)
YourSurprise (Netherlands)
Prezzybox.Com Ltd (England)
British Made Gifts (England)
and Notonthehighstreet Enterprises Limited (England)
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