– Shaping strategic responses through industry recovery phases

– American Greetings Corp., Bed Bath & Beyond Inc. and Enesco LLC. will become the main personalized gifts market in the United States during the period 2020-2024

NEW YORK, June 22, 2021 / PRNewswire / –

Technavio announced its latest market research report titled United States Personalized Gifts Market by Product and Distribution Channel – Forecast and Analysis 2020-2024

The personalized gifts market in the United States is expected to reach $ 1.59 billion over the period 2020-2024, according to Technavio. The report offers a detailed analysis of the United States personalized gifts market under optimistic, probable and pessimistic forecast scenarios.

Technavio’s in-depth market research reports include value chain analysis and validation techniques to help industry leaders improve their business.
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With the continued spread of the novel coronavirus pandemic, organizations around the world are gradually flattening their recession curves by taking advantage of technology. Many businesses will go through phases of response, recovery and renewal. According to Technavio’s pandemic-focused market research, the market growth is expected to decrease compared to 2019.

This post-pandemic business planning research will help customers:

  • Adjust their strategic planning to move forward once the stability of the business is in place.

  • Build resilience by make efficient resource and investment choices for individual business units, products and service lines.

  • Conceptualize scenario-based planning to mitigate future crisis situations.

Key considerations for market forecast:

  • Impact of bottlenecks, supply chain disruptions, destruction of demand and changing customer behavior

  • Optimistic, probable and pessimistic scenarios for all markets as the impact of the pandemic unfolds

  • Market estimates before and after COVID-19

  • Quarterly impact analysis and update of market estimates

Top three personalized gifts market in the United States Participants:

American Greetings Corp.

American Greetings Corp. offers key products such as Dog Add-A-Photo and Bird Beak Add-A-Photo.

Bed Bath & Beyond Inc.

Bed Bath & Beyond Inc. offers key products such as the Wallverbs Baby Love Personalized Hanging Photo Frame Set and the Moon & Stars Embroidered Baby Boy Blanket.

Enesco SARL

Enesco LLC offers personalized gifts including sports equipment, kitchenware and more. The company offers personalized gifts under its Things Remembered brand.

If you purchase an updated report within the next 60 days, we’ll send you the new edition and the data extract for FREE! Get an overview of the report here to get a detailed market share analysis of market players:
https://www.technavio.com/report/personalized-gifts-market-in-us-industry-analysis

United States Personalized Gifts Market 2020-2024: Segmentation

The personalized gifts market in the United States is segmented as follows:

  • Product

  • Distribution channel

The personalized gift market in the United States is driven by the advent of gift culture. In addition, the increase in the popularity of personalized 3D printed products is expected to trigger the United States personalized gifts market to a CAGR of nearly 4% during the forecast period.

Get more insight on global trends impacting the future of the personalized gifts market in the United States, request a free sample @
https://www.technavio.com/talk-to-us?report=IRTNTR45865

The related report on Consumer Staples includes:

Global Gift Retail Market– The gift retail market is segmented by product (souvenirs and novelty items, seasonal decorations, greeting cards, gifts and other gift items) and geography (Europe, North America, APAC, South America, and MEA).
Download a FREE sample report

Global personalized gifts market– The personalized gifts market is segmented by product (personalized gifts without photos and personalized gifts with photos), distribution channel (offline and online) and by geography (APAC, Europe, AEM, North America, and South America).
Download a FREE sample report

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Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes over 17,000+ reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

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Report page: https://www.technavio.com/report/personalized-gifts-market-in-US-industry-analysis

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