(Australia-NewsWire.Com, April 11, 2018 ) Technavio Announces the Publication of its Research Report Non-photo Personalized Gifts Market in the US 2018-2022
Technavio recognizes the following companies as the key players in the non-photo personalized gifts market in the US: CafePress, Disney, Hallmark Licensing, Shutterfly, and Things Remembered.
Commenting on the report, an analyst from Technavios team said: One trend in the market is growing B2C e-commerce and m-commerce market. With the significant rise in internet penetration, online retail has seen tremendous growth over the past decade. Internet users of developed nations like the US spend more time online and prefer buying products through e-commerce websites. Sample Copy of This Report: https://marketreportscenter.com/request-sample/584194 According to the report, one driver in the market is innovative gifting solutions and increasing demand for seasonal decorations. Product innovation is a requisite for this market to generate consumer interest and subsequently, sales. Innovating products and service offerings, and technology upgrades help in combating competition and attracting customers. The introduction of new service offerings on websites, which could provide personalization services to sellers by providing them with the options to create, design templates, and improvise new areas of certain products, helps extend personalization capabilities to buyers.
Further, the report states that one challenge in the market is high dependence on seasonal sales. The global gifts industry, at large, is driven to a considerable extent by seasonal sales. Seasonal fluctuations in demand can affect inventory levels and cash flow of retailers. In markets like North America, the tradition of gifting is generally higher during the winter holidays. In the US, the sales of gift items, which include non-photo personalized gifts, are higher during regional holidays and wedding seasons.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The market is expected to grow at a CAGR of 6.43% About Non-photo Personalized Gifts
A non-photo personalized gift is an item which is personalized using various personalization techniques discussed in this report. Non-photo personalized gifts which have been included in this report are wearables and accessories, decoration, kitchenware and tableware, stationery and greeting cards, food and beverages, and sports equipment and toys, among others.
Technavios analysts forecast the non-photo personalized gifts market in the US to grow at a CAGR of 8.22% during the period 2018-2022.
Covered in this report The report covers the present scenario and the growth prospects of the non-photo personalized gifts market in the US for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. Full report with Table of Content: https://marketreportscenter.com/reports/584194/non-photo-personalized-gifts-market-in-the-us-2018-2022 Technavio's report, Non-photo Personalized Gifts Market in the US 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors CafePress Disney Hallmark Licensing Shutterfly Things Remembered
Market driver Innovative gifting solutions and increasing demand for seasonal decorations For a full, detailed list, view our report
Market challenge High dependence on seasonal sales For a full, detailed list, view our report
Market trend Growing B2C e-commerce and m-commerce market For a full, detailed list, view our report
Key questions answered in this report What will the market size be in 2022 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? … Request Discount: https://marketreportscenter.com/request-discount/584194 About Market Reports Center; Market Reports Center is an e-commerce platform obliging the needs of knowledge workers, experts, professionals who are subject to market research information for their work, or to make strategic business decisions. We are dedicated to create a comprehensive offering of market research which is accurate, credible and affordable.
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