Market revenue in 2018 | USD 4,000.9 million |
Market revenue in 2025 | USD 5,820.2 million |
Growth rate | 5.5% (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 |
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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 80% in 2018. Horizon Databook has segmented the U.S. gift wrapping products market based on paper & board, plastic covering the revenue growth of each sub-segment from 2015 to 2025.
According to research by Investopedia, consumer spending on holiday gifts and other holiday expenses has increased since 2009. Planned holiday spending for friends, family, and colleagues amount to USD 650 on gifts (including gift-wrapping products).
However, this spending decreased by USD 50 in 2020 as consumers became more cautious due to the economic downturn caused by the outbreak of COVID19. Nevertheless, this is expected to bounce back with the growing availability of vaccines across the country.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. gift wrapping products market, including forecasts for subscribers. This country databook contains high-level insights into U.S. gift wrapping products market from 2015 to 2025, including revenue numbers, major trends, and company profiles.
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