LONDON--(BUSINESS WIRE)--Technavio has been monitoring the gifts novelty and souvenirs market and it is poised to grow by USD 16.33 billion during 2019-2023, progressing at a CAGR of 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technological advances leading to product innovation and premiumization has been instrumental in driving the growth of the market. Request a free sample report
Gifts Novelty and Souvenirs Market 2019-2023: Segmentation
Gifts Novelty and Souvenirs Market is segmented as below:
- Souvenirs and Novelty Items
- Seasonal Decorations
- Greeting Cards
- Other Gift Items
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Gifts Novelty and Souvenirs Market 2019-2023: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our gifts novelty and souvenirs market report covers the following areas:
- Gifts Novelty and Souvenirs Market Size
- Gifts Novelty and Souvenirs Market Trends
- Gifts Novelty and Souvenirs Market Industry Analysis
This study identifies increased demand for personalized gift products as one of the prime reasons driving the gifts novelty and souvenirs market growth during the next few years.
Gifts Novelty and Souvenirs Market 2019-2023: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the gifts novelty and souvenirs market, including some of the vendors such as American Greetings, Card Factory, Hallmark Licensing, Spencer Gifts and Walt Disney Company. Backed with competitive intelligence and benchmarking, our research reports on the gifts novelty and souvenirs market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Gifts Novelty and Souvenirs Market 2019-2023: Key Highlights
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will assist gifts novelty and souvenirs market growth during the next five years
- Estimation of the gifts novelty and souvenirs market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the gifts novelty and souvenirs market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of gifts novelty and souvenirs market vendors
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