Dublin, July 24, 2024 (GLOBE NEWSWIRE) -- The "Greeting Cards - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Greeting Cards is estimated at US$17.2 Billion in 2023 and is projected to be valued at US$14.5 Billion by 2030, declining at a CAGR of -2.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends and forecasts, helping you make informed business decisions.
The shift in the greeting cards market is due to several factors, including the enduring popularity of physical cards, advancements in printing technology, and the rise of personalized and custom card options. Despite the prevalence of digital communication, many consumers still appreciate the tangible and personal touch of physical greeting cards, particularly for significant life events and holidays.
Technological advancements have expanded the possibilities for card design and personalization, attracting consumers seeking unique and customized options. Additionally, the increasing awareness of environmental sustainability has driven demand for eco-friendly greeting cards. As these trends continue to evolve, the greeting cards market is expected to maintain steady growth, supported by the timeless appeal of physical cards and innovations in card design and production.
Key Insights:
- Market Shifts: Understand the forecast of the Birthday Cards segment, which is expected to be valued at US$5.1 Billion by 2030 with a CAGR of a -1.3%. The Christmas/New Year Cards segment is also set to decline at -4.5% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $4.7 Billion in 2023, and China, forecasted to grow at an impressive 1.2% CAGR to reach $1.6 Billion by 2030. Discover trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Greeting Cards Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Greeting Cards Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Greeting Cards Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as American Greetings Corporation, AB Pictura, Abacus Cards Ltd., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 294 Featured):
- American Greetings Corporation
- AB Pictura
- Abacus Cards Ltd.
- ALBI Ceska Republika a.s.
- Archies Ltd.
- Avanti Press, Inc.
- Blue Mountain Arts, Inc.
- Budget Greeting Cards Ltd.
- Card Factory
- Child Rights and You
- Crane & Co. Inc.
- Clintons
- CardsDirect, Inc.
- Card Isle
- Baudville Inc.
Key Topics Covered
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Competition
- Companies Adopt Proactive Strategies to Boost Demand
- Tenacity Essential for Cracking the Greeting Cards Market
- Low Entry Barriers Make Industry Attractive for Newcomers
- Key Factors Determining Market Success
- Market Players Embrace E-Card Business Model
- Consolidation Rife in the Greeting Cards Market
- Greeting Cards - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- Greeting Cards: Celebrating Life Moments and Milestone Events despite Challenging Times and the Inevitable Market Decline
- Global Market Prospects & Outlook
- Key Industry Trends
- Developing Economies Present Growth Opportunities
- Greeting Cards: An Introduction
- History of Greeting Cards: A Peek into its Intriguing Origin
- Seasonal & Everyday Cards
- Types of Greeting Cards
- Low Entry Barriers in the Niche Market
- Recent Market Activity
- Select Global Brands
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Greetings Card Industry Goes Digital to Stay Afloat
- Rising Popularity of Digital Cards Continues to Negatively Impact Sales of Traditional Greeting Cards
- Increasing Internet Penetration & Growing Smartphone Usage Transforms Digital Greeting Cards Market
- Breakdown of Internet Users (in %) by Region
- Demographic Trends Play Important Role in Market Adoption
- Women: A Major Consumer Segment for Greeting Cards
- Millennials: The Most Lucrative Consumer Cluster and the New Marketing Target
- Globalization Trend Generates Market Growth Opportunities
- Advent of Advanced Digital Technologies Fuel Growth for Greeting Cards Market
- Increasing Popularity of Online Platforms Supports Demand for Greeting Cards
- Notable Technology and Design Trends: Towards Reviving Consumer Interest
- Sound Cards
- 'Blank' is the New Design Trend
- Handmade Cards
- Hilarious Greeting Cards
- Interactive Greeting Cards
- Use of Innovative Illustrations & Color Combinations
- A Glance at Other Major Design Trends for Greeting Cards
- Mobile Phone Apps to Create Physical Greeting Cards: A Growing Trend
- Greeting Cards Turn Eco-friendly
- Customized & Personalized Greeting Cards Present Growth Potential
- Luxury Cards Find Favor Among Consumers
- Rising Demand for Cards for the Blind
- New Occasions and New Themes: A Growing Niche
- Sympathy Cards Help Sail Through Difficult Times
- Corporate Greeting Cards: An Ideal Marketing & Advertising Tool
- Workplace Greetings Attain Commonplace Stature
- Cards by Occasions, Celebrations & Holidays: A Review
- Valentine's Day Cards
- Evolutionary Scan of Valentine's Day Cards
- Father's Day & Mother's Day: A Tribute to Parenthood
- Halloweens Day: A Spooky Homage to Immortality
- Christmas/New Year: There's Money in Festivities
- Chinese New Year
- Easter, Three Kings Day & Thanksgiving Day: Milking Cash from Religious Events
- Weddings & Anniversaries: Celebrating Milestones
- Birthdays: The World's Best-Loved Reason to Celebrate
- Retail Landscape for Greeting Cards
- Online Emerges as a Lucrative Retail Segment for Greeting Cards
- Increasing Raw Material Costs Add to Manufacturers Woes
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/fj58ge
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