PUBLISHER: Market Research Future | PRODUCT CODE: 1647708
PUBLISHER: Market Research Future | PRODUCT CODE: 1647708
Report on U.S All year Gifting Market Research By Occasion (fried and baked), By Category (Prepackaged Food Gifts, Food Baskets and Assortments, Specialty Food Items, Snack Foods, Unique and Novelty Gifts and Others), By Type (Corporate Gifting and Personal Gifting), Pricing (Economy/Mass and Premium), End User (Men, Women, Unisex and Kids), By Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, Convenience Stores and Online), and By Region (North America, Europe, Asia-Pacific, South America, and Middle East and Africa) Forecast to 2032
U.S. all-year gifting market size was USD 1,745.50 billion in 2023. The All-year Gifting market industry is projected to grow from 2024 to USD 3,185.00 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.97% during the forecast period (2024 - 2032).
The US All Year Gifting Market is exhibiting remarkable growth and shows no indication of slowing down. Several factors, such as the rising popularity of e-commerce, the increasing importance of personalization, and a focus on sustainable practices, are contributing to this surge. The market is expanding across a variety of demographics and occasions as gifting becomes an essential component of personal, corporate, and cultural expressions.
Market segment insights
The United States All-year Gifting market segmentation is based on the occasion, including Birthdays, Spontaneous Gifts, Weddings, Religious, and Others.
The market segmentation, based on category, includes Prepackaged Food Gifts, Food Baskets and Assortments, Specialty Food Items, Snack Foods, Unique and Novelty Gifts and Others.
The market segmentation, based on Type, includes Corporate Gifting and Personal Gifting.
The market segmentation, based on Pricing, includes Economy/Mass and Premium.
The U.S All year Gifting market segmentation, based on End User, includes Men, Women, Unisex and Kids.
The market segmentation, based on distribution channels, includes Supermarkets & Hypermarkets, Specialty Stores, Convenience Stores and Online.
Regional Perspectives
The United States region is valued at USD 1,745.5 billion in 2023 and is expected to create an absolute dollar opportunity of USD 1,326.03 billion for the players operating in the region between 2023 and 2032. The United States region analysis includes Northeast, Southwest, West, Southeast, and Midwest.
In the United States, giving gifts is an embedded social custom that goes beyond seasonal holidays to encompass birthdays, anniversaries, and other life events all year long. In 2024, U.S. consumers reached a milestone in their holiday spending, with per capita expenditures exceeding USD 1,000 for the first time by MRFR report. This record highlights the robust and evolving nature of the gifting market.
The All-Year Gifting Market in the United States has undergone a transformative shift, evolving from a focus on specific holidays and occasions to a vibrant, year-round phenomenon. This change reflects broader consumer trends that emphasize emotional connections, personal milestones, and spontaneous acts of kindness. In today's digital age, where face-to-face interactions can be limited, gifts serve as tangible expressions of care and appreciation, reinforcing relationships and fostering community. One of the most significant trends driving this market is the increasing demand for personalized and customized gifts.
Key Companies in the All-year Gifting market include 1-800-FLOWERS.COM, Inc., Edible Arrangements, Ferrero Group, Mars Incorporated, Godiva Chocolatier, Nestle USA, The Kraft Heinz Co (Planters), Lindt & Sprungli, The Hershey Company, and Blue Diamond Almonds.