U.S All year Gifting Market Research Report Information 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
Overview of the Market
In 2023, the US all-year gifting market was estimated to be worth USD 1,745.50 billion. With a compound annual growth rate (CAGR) of 6.97% from 2024 to 2032, the All-year Gifting market business is expected to reach USD 3,185.00 billion by that time.
The market for all-year gifts in the US is expanding remarkably and doesn’t appear to be slowing down. This increase is being caused by several causes, including the growing significance of personalization, the popularity of e-commerce, and an emphasis on sustainable practices. The industry keeps growing across a range of demographics and events as gifting becomes an essential component of business, cultural, and personal expressions.
Perspectives on Market Segments
Birthdays, spontaneous gifts, weddings, religious occasions, and others are all included in the U.S. all-year gifting market segmentation based on occasion.
Prepackaged food gifts, food baskets and assortments, specialty food items, snack foods, unique and novelty gifts, and others are all included in the market segmentation depending on category.
Corporate and personal gifting are included in the market segmentation based on kind.
Economy/Mass and Premium are two of the market segments based on pricing.
Men, women, unisex, and children are included in the end-user-based segmentation of the U.S. all-year gifting market.
Supermarkets and hypermarkets, specialty stores, convenience stores, and online are all included in the market segmentation based on distribution channels.
Regional Perspectives
The US region is projected to provide an absolute dollar opportunity of USD 1,326.03 billion for the firms operating in the region between 2023 and 2032, with a 2023 valuation of USD 1,745.5 billion. The Northeast, Southwest, West, Southeast, and Midwest regions are all included in the analysis of the United States.
Giving gifts is a deeply ingrained social ritual in the US that extends beyond seasonal holidays to include birthdays, anniversaries, and other life milestones throughout the year. According to the MRFR research, U.S. consumers’ holiday spending hit a significant milestone in 2024 when per capita spending surpassed $1,000 USD for the first time. This record demonstrates how strong and dynamic the gifting market is.
From concentrating on festivals and events to becoming a thriving, year-round phenomenon, the US All-Year Gifting Market has experienced a radical change. This shift is in line with broader market trends that place an emphasis on sentimental bonds, life achievements, and unplanned deeds of generosity. In the current digital world, when in-person interactions may be scarce, gifts are practical ways to show someone you care and appreciate them, strengthening bonds and building a sense of community. The growing need for personalized and customized gifts is one of the key trends propelling this industry.
Key Players
1-800-FLOWERS.COM, Inc., Edible Arrangements, Ferrero Group, Mars Incorporated, Godiva Chocolatier, Nestl? USA, The Kraft Heinz Co (Planters), Lindt & Spr?ngli, The Hershey Company, and Blue Diamond Almonds are some of the major players in the All-year Gifting business.