India Gift Wrapping Products Market Size & Outlook
India gift wrapping products market, 2015-2025 (US$M)
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India gift wrapping products market highlights
- The India gift wrapping products market generated a revenue of USD 720.4 million in 2018 and is expected to reach USD 1,111.3 million by 2025.
- The India market is expected to grow at a CAGR of 6.4% from 2019 to 2025.
- In terms of segment, paper & board was the largest revenue generating raw material in 2018.
- Paper & board is the most lucrative raw material segment registering the fastest growth during the forecast period.
Gift wrapping products market data book summary
| Market revenue in 2018 | USD 720.4 million |
| Market revenue in 2025 | USD 1,111.3 million |
| Growth rate | 6.4% (CAGR from 2018 to 2025) |
| Largest segment | Paper & board |
| Fastest growing segment | Paper & board |
| Historical data | 2015 - 2017 |
| Base year | 2018 |
| Forecast period | 2019 - 2025 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Paper & board, Plastic |
| Key market players worldwide | Hallmark Cards Plc, Card Factory PLC, Mondi PLC, IG Design Group PLC, DS Smith PLC, Karl Knauer, Valtenna |
Other key industry trends
- In terms of revenue, India accounted for 4.8% of the global gift wrapping products market in 2018.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2025.
- In Asia Pacific, China gift wrapping products market is projected to lead the regional market in terms of revenue in 2025.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,170.7 million by 2025.
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Gift Wrapping Products Market Scope
Gift Wrapping Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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India gift wrapping products market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to gift wrapping products market will help companies and investors design strategic landscapes.
Paper & board was the largest segment with a revenue share of 75% in 2018. Horizon Databook has segmented the India gift wrapping products market based on paper & board, plastic covering the revenue growth of each sub-segment from 2015 to 2025.
The country has one of the largest population of millennials in the world, which was approximately 426 million as of January 2020. This bodes well for the gift-wrapping products market as consumers in this generation group are known to spend heavily on gifts for friends, family, and colleagues.
The gifting market in 2020, is estimated to be approximately USD 65 million and is anticipated to reach USD 84 million by 2024. The ongoing pandemic has fueled the trend of online gifting, making longdistance gifting easy and accessible. This will also benefit the gift-wrapping products market in the country.
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Our clientele includes a mix of gift wrapping products market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the India gift wrapping products market, including forecasts for subscribers. This country databook contains high-level insights into India gift wrapping products market from 2015 to 2025, including revenue numbers, major trends, and company profiles.
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India gift wrapping products market size, by raw material, 2015-2025 (US$M)
India Gift Wrapping Products Market Share, 2018 & 2025 (US$M)
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