greeting card market [2023-2029] Growth outlook, industry share, trend analysis, size by country, players by revenue, methodological approach and business strategy, forecast to 2029 Say’s Market Reports World
PUNE, March 9, 2023 (GLOBE NEWSWIRE) —
With 2019-2021 as historical data, 2022 as base year and 2023- as global greeting card market research report, it covers analysis and insights on market size and growth rate by various segments in 2019-2029. – 2029 as the forecast period. This report provides a detailed overview of the market size, growth rate, and market distribution by various segments (mainly covering product type, technology, application, and geography) throughout the study period.
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The report’s quantitative insights are complemented by coverage of potential market drivers, constraints, opportunities, and trends that support the analysis of the market over the forecast period. This report covers a detailed competitive landscape section with information on the key players present in the market, market share analysis and comprehensive profiles of these key players.
The Global Greeting Cards Market research report mainly covers the latest technological trends, recent industry developments (mergers, acquisitions, partnerships), pandemic impact on the market, regulatory overview, pricing analysis, supply chain analysis and Porter’s Five Information on force analysis is also covered. Such. The report covers all major regions (mainly North America, Europe, Asia Pacific, Latin America, Middle East and Africa) and major countries (mainly USA, Canada, UK, Germany, France, Italy, Spain, Japan, China, India, Australia, Brazil, Mexico, South Africa, UAE).
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Continuous Innovation Changing Market Outlook
The greeting card market is expected to be positively impacted by technological trends driven by increased R&D spending and increased focus on innovation by industry players, which in turn is expected to bring new breakthroughs. . Significant opportunities during the forecast period will lead to new players entering the sector, making the market more competitive. Consumer expectations continue to evolve. This will be met by new product launches with new features and lower price points as top players focus on maintaining their leadership positions and new players seek to create market presence.
Surge in demand from major end-uses to accelerate market growth
The greeting card market is projected to continue growing owing to surge in demand from major application industries. Macroeconomic factors such as the expanding global economy, rapid urbanization, growing middle class population, and increasing consumer spending capacity will drive the growth of major industries.
Global economic output in 2022 has surpassed US$100 trillion. The top five economies (United States, China, Japan, Germany and United Kingdom) accounted for approximately 58% of global economic output in 2022.
By 2030, the middle class population is expected to surpass 5.5 billion, representing more than 65% of the world’s population.
Global GDP per capita is projected to reach USD 13,920 in 2025, increasing by 35% between 2015 and 2025.
Industries are expanding their product portfolios or enhancing existing manufacturing capacity to meet the growing demand for products and services among consumers. Therefore, the rise of various end-use sectors will give the market a huge boost in the future.
High Costs and Poor Economic Outlook Hurt Demand
The greeting card market has experienced rapid demand and adoption across various major applications and end-use sectors in recent years. However, the global economy, which has been struggling since the pandemic, is expected to see slower growth due to the war between Russia and Ukraine, rising inflation and rising interest rates. All these factors are causing consumers to make different purchases, which negatively impacts the manufacturing sector and overall market potential.
The high cost of the product and the availability of substitutes are key factors limiting its demand and adoption in some regions as well.
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Impact of COVID-19:
COVID-19 has impacted almost every industry, including the global greeting card market. The stringent restrictions put in place by governments to control the spread of the pandemic have created some obstacles in certain markets, but the same factors have created significant opportunities in others. The greeting card market has been affected by nationwide lockdowns in most countries, including restrictions on the movement of goods and people. The COVID-19 pandemic has impacted market dynamics in both developed and emerging economies. Nearly all regions have implemented strict lockdowns and other restrictions to curb the spread of the coronavirus. However, after the pandemic, all economies experienced modest recoveries, putting the markets back on track.
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Global Greeting Card Market: Segmentation Analysis
The research report includes specific segments by product type, technology, application, and region (country). This report provides revenue details for the past and forecast period. Understanding the segments helps identify the importance of various factors that help the market grow.
Greeting Cards Market Segmentation by Product Type:
seasonal greeting cards
daily greeting card
Greeting Cards Market Segmentation by Applications:
Geographically, the market is segmented into North America, Europe, Asia Pacific, South America, Middle East and Africa. Developed economies will continue to dominate the market, but per capita income growth and economic growth will lead to stronger growth in developing economies. However, the threat of recession looms over the market as inflation continues to rise. The high degree of uncertainty surrounding the ongoing economic recession could have a significant impact on the greeting card market in the coming years.
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The major players listed in the Greeting Card market report are:
The Greeting Cards Market report offers an in-depth explanation of all the factors impacting the growth of these market players and their detailed profiles. Profile includes company overview, product portfolio, financials (based on availability), SWOT analysis, recent development and growth strategies. Some of the main players are:
Shulman Retail Group
CSS Industries Co., Ltd.
Myron Manufacturing Corporation
Herbert Walkers Co., Ltd.
The Greeting Cards Market report offers an in-depth analysis of the market and focuses on crucial aspects such as key players, types, technologies and applications/end-users. In addition to this, it provides insight into market trends, highlights key industry developments such as product launches, partnerships, mergers and acquisitions, and covers several factors that have contributed to the growth of developed markets in recent years. I’m here.
The report includes key growth drivers, restraining factors, opportunities, and potential market challenges. Comprehensive insights on regional development are detailed along with a list of key market players and strategies adopted to stay ahead of competitors. The latest industry trends are presented in the report. The study also gives an in-depth understanding of the recent he COVID-19 pandemic in the greeting card market. The ongoing recession and inflation and their impact on the market are assessed in the latest research report.
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Detailed Table of Contents of Global Greeting Cards Market Report 2023
1 Scope of reporting
1.1 Market Introduction
1.2 years considered
1.3 Research objectives
1.4 Market research methodology
1.5 Research process and data sources
1.6 Economic indicators
1.7 Currencies Considered
1.8 Notes on Market Forecasts
2 Executive Summary
2.1 Global Market Overview
2.1.1 Global Greeting Card Annual Sales 2018-2029
2.1.2 Global Current and Future Analysis of Greeting Cards by Geographic Regions in 2018, 2022 and 2029
2.1.3 Global Current and Future Analysis of Greeting Cards by Country/Region, 2018, 2022 and 2029
2.2 Greeting Card Segment by Type
2.2.1 Seasonal greeting cards
2.2.2 Daily Greeting Cards
2.3 Greeting Card Sales by Type
2.3.1 Global Greeting Cards Sales Market Share by Type (2018-2023)
2.3.2 Global Greeting Cards Revenue and Market Share by Type (2018-2023)
2.3.3 Global Greeting Cards Sales Price Types (2018-2023)
2.4 Greeting Cards Segment by Application
2.4.1 Business cards
2.4.2 Personal Card
2.5 Greeting Card Sales by Application
2.5.1 Global Greeting Cards Sales Market Share by Application (2018-2023)
2.5.2 Global Greeting Cards Revenue and Market Share by Application (2018-2023)
2.5.3 Global Greeting Card Sales Price by Application (2018-2023)
3 different company global greeting cards
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