UK Personalized Gifts Market 2023

Description
The demand for personalized gifts is steadily growing as consumers seek to go beyond generic options. Nowadays, individuals want to give gifts that are not only thoughtful but also reflect the recipient’s personality, creating a memorable experience for both the giver and the receiver. This trend has led to the rapid expansion of the personalized gifts market in the United Kingdom.

According to the latest market study results, the personalized gifts market in the UK was valued at USD 1,385.0 million in 2022. The market is projected to reach USD 2,216.0 million by 2029, exhibiting a compound annual growth rate (CAGR) of 7.02% from 2023 to 2029. This significant growth indicates the rising popularity and acceptance of personalized gifts among consumers in the UK.

One of the key factors driving the growth of the personalized gifts market is the desire for unique and meaningful presents. In a world filled with mass-produced products, personalized gifts allow individuals to stand out by offering something truly special. By customizing gifts with names, initials, photos, or personal messages, people can demonstrate their thoughtfulness and create a deeper connection with the recipient.

The advancement of technology has also played a crucial role in the expansion of the personalized gifts market. With the rise of online shopping and digital printing techniques, it has become easier than ever for consumers to personalize a wide range of products. From engraved jewelry to custom-made artwork, the options for personalized gifts are virtually limitless. The convenience and accessibility of online platforms have made it possible for individuals to order personalized gifts from the comfort of their own homes, further driving the market growth.

The report covers market size and growth, segmentation, competitive landscape, trends and strategies for personalized gifts market in UK. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Market Segmentation
Type: personalized clothing, personalized chocolates and chocolate platters, personalized accessories, personalized gifts for kids, personalized diaries and desk accessories, personalized photo frames and wall decoration, others
Distribution channel: supermarkets and hypermarkets, convenience stores, specialty stores, online
End user: men, women, unisex, kids

This industry report offers market estimates and forecasts of the UK market, followed by a detailed analysis of the type, distribution channel, and end user. The UK market for personalized gifts can be segmented by type: personalized clothing, personalized chocolates and chocolate platters, personalized accessories, personalized gifts for kids, personalized diaries and desk accessories, personalized photo frames and wall decoration, others. The personalized accessories segment held the largest revenue share in 2022. This category encompasses a wide range of personalized accessories like keychains, jewelry, phone cases, and wallets that can be customized with initials, names, or special messages.

Personalized gifts market is further segmented by distribution channel: supermarkets and hypermarkets, convenience stores, specialty stores, online. Among these, the supermarkets and hypermarkets segmet was accounted for the highest revenue generator in 2022.

Based on end user, the personalized gifts market is segmented into: men, women, unisex, kids. The women segment captured the largest share of the market in 2022. Personalized gifts have gained significant popularity, especially among female consumers. The appeal of personalized gifts lies in their ability to create a unique and meaningful experience for the recipient. Women often place great importance on the sentimental value of a gift. They appreciate the effort and thought that goes into selecting a personalized item that reflects their individuality. Whether it’s a monogrammed piece of jewelry, a custom-made photo album, or a personalized home decor item, these gifts allow women to feel truly seen and understood.

Major Companies and Competitive Landscape
The report has conducted a comprehensive analysis of the competitive landscape within the personalized gifts market in the United Kingdom. It highlights several key players who are actively involved in this industry. These prominent players include YPP Group Ltd., Signature Gifts Ltd., funkypigeon.com Limited, Notonthehighstreet Enterprises Ltd, Prezzybox.com Ltd., YourSurprise.com B.V., Getting Personal Ltd., Bags Of Love, Contrado Imaging Ltd., L&S Prints Digital Ltd., and others.

Scope of the Report
To analyze and forecast the market size of the personalized gifts market in UK.
To classify and forecast the personalized gifts market in UK based on type, distribution channel, end user.
To identify drivers and challenges for the personalized gifts market in UK.
To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the personalized gifts market in UK.
To identify and analyze the profile of leading players operating in the personalized gifts market in UK.

Why Choose This Report
Gain a reliable outlook of the personalized gifts market in UK forecasts from 2023 to 2029 across scenarios.
Identify growth segments for investment.
Stay ahead of competitors through company profiles and market data.
The market estimate for ease of analysis across scenarios in Excel format.
Strategy consulting and research support for three months.
Print authentication provided for the single-user license.

UK Personalized Gifts Market 2023

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UK Personalized Gifts Market 2023 - Report Scope
REPORT ATTRIBUTE

DETAILS

Market Size (2022)

USD 1385 Million

Base Year

2022

Forecast Year

2023-2029

CAGR (2023-2029)

7.02%

Pages

86

Segments By

Type, Distribution Channel, End User

Regions Covered

UK

Key Players

YPP Group Ltd., Signature Gifts Ltd., funkypigeon.com Limited, Notonthehighstreet Enterprises Ltd, Prezzybox.com Ltd., YourSurprise.com B.V., Getting Personal Ltd., Bags Of Love, Contrado Imaging Ltd., L&S Prints Digital Ltd.

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