The Personalized Gifts Market in UK is being driven by Advent of gift-giving culture and increasing demand for seasonal decorations
The Personalized Gifts Market in UK is expected to grow at a CAGR of 11% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 1256.4 million. The UK's personalized gifts market is experiencing a noteworthy upsurge in demand for eco-friendly, customized presents. With an expanding consumer base that prioritizes environmental consciousness, there is a growing preference for sustainable purchases, including personalized gifts. This trend has led to a rise in the production of eco-friendly options by businesses nationwide. For example, the utilization of recycled materials, such as glass or bamboo, for creating distinctive and personalized gifts is gaining popularity. Companies like BambuuBrush are capitalizing on this trend by offering customized bamboo straws and toothbrushes, engraved with the recipient's name or message, as sustainable alternatives to traditional plastic gifts.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
141 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 11% |
Market growth 2025-2029 |
USD 1256.4 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
9.6 |
Key countries |
UK, Europe, and UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
The Personalized Gifts market in the UK is witnessing significant growth due to the rising smartphone usage and rapid digitization. Loved ones and friends are increasingly turning to personalized gift companies for unique presents, such as engraved jewelry, bracelets, and pendants, or custom printed mugs and personalized stationery. These items can be easily ordered online, with additional stores and contracts ensuring wide availability. Technologies like photographs, engraving, embroidery, printing, etching, and embossing are used to create these bespoke items, with clothing, bags, and bags also popular choices. However, the environmental impact of these gifts is a growing concern, with many companies focusing on sustainable practices.
The Personalized Gifts market in the UK is experiencing significant growth, driven by the rising smartphone usage and rapid digitization. With increasing numbers of individuals utilizing digital platforms to connect with their loved ones and friends, personalized gift companies are capitalizing on this trend by offering customized products such as photographs, engraved items, embroidered garments, and printed merchandise. These businesses are expanding their online presence and entering into contracts with additional stores to cater to the growing demand. The environmental impact of production processes is a key consideration for these companies, with many investing in sustainable practices to mitigate their carbon footprint. The global market for personalized gifts is expected to continue its upward trajectory, fueled by the increasing disposable income of consumers and their subsequent inclination towards luxury and lifestyle-related purchases.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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