Global Greeting Cards Market to Experience -2.4% CAGR During 2023-2030 - Discover Trends in Key Regions and Strategies of the Major Competitors
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
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