Report Code: CMI56501

Published Date: September 2024

Pages: 320+

Category: Consumer Goods

Reports Description

As per the current market research conducted by the CMI Team, the global Cross-Border Gifting Market is expected to record a CAGR of 24.54% from 2024 to 2033. In 2024, the market size is projected to reach a valuation of USD 92.45 Billion. By 2033, the valuation is anticipated to reach USD 535.01 Billion.

American Holiday Spending

Year Holiday Sales (US$ Billion)
2010 528.8
2011 553.3
2012 567.6
2013 583.2
2014 611.1
2015 628.8
2016 646.7
2017 678.9
2018 690.8
2019 716.9
2020 782.3
2021 881.6
2022 929.6
Source: According to National Retail Federation

Cross-border gifting refers to the practice of purchasing and sending gifts across international borders. This involves consumers and businesses selecting, buying, and shipping gifts to recipients in different countries.

According to the data published by the National Retail Federation, since 2009, consumer spending on gifts and holiday expenses in the U.S. has consistently increased due to economic recovery, increased disposable incomes, and cultural significance. In 2023, holiday retail sales are projected to grow by 3% to 4%, reaching a record of $957.3 billion to $966.6 billion, a significant increase from the $929.5 billion record set in 2022.

Cross-Border Gifting Market – Significant Growth Factors

The Cross-Border Gifting Market presents significant growth opportunities due to several factors:

  • Growing E-Commerce and Online Shopping: The rise of e-commerce platforms like Amazon, Alibaba, and eBay has significantly impacted the global cross-border gifting market. These platforms offer a wide range of products and a streamlined shopping experience, while secure digital payment solutions like PayPal and Stripe facilitate smooth international transactions, expanding the reach and appeal of cross-border gifting.
  • Advancements in Logistics and Delivery: The cross-border gifting market has grown significantly due to improvements in logistics and delivery services. Collaborations with global providers like DHL, FedEx, and UPS have improved the efficiency and reliability of international shipping. Real-time tracking systems boost consumer confidence, making international gifting more dependable and attractive.
  • Growing Cultural Exchange and Globalization: The rise in cultural exchange and globalization has boosted the cross-border gifting market, as people’s personal and professional networks expand. This has led to a greater appreciation for international products and customs, and consumers are increasingly seeking unique, culturally relevant gifts, supporting the growth of this market.
  • Economic Growth and Rising Disposable Incomes: The cross-border gifting market is driven by economic growth, rising disposable incomes, and the growing middle class in emerging markets like Asia and Latin America. Consumers have more disposable income to spend on premium and luxury gifts, enhancing their purchasing power and willingness to spend on high-quality gifts.
  • Technological Innovations: The cross-border gifting market has been significantly impacted by technological innovations like AI, machine learning, and AR. These technologies personalize shopping experiences, recommend gifts, and predict consumer trends, making the gifting process more engaging and driving market growth.
  • Personalization and customization: Offering personalized or customized gifts can help companies stand out in the crowded cross-border gifting market and attract customers.

Cross-Border Gifting Market – Mergers and Acquisitions

The Cross-Border Gifting Market has seen several mergers and acquisitions in recent years, with companies seeking to expand their market presence and leverage synergies to improve their product offerings and profitability. Some notable examples of mergers and acquisitions in the Cross-Border Gifting Market include:

  • In January 2024, Blackhawk Network acquired B2B gift card firm Tango Card, which offers a digital-first reward experience through its API and global content. The acquisition provides global, scalable solutions and innovation to the rewards and incentives industry. The acquisition follows another deal in the gift card space, when Restaurant.com operator RDE acquired secondary gift card marketplace CardCash.com.
  • In May 2023, From You, Flowers and FTD merged to create a global platform in the floral and gifting industry. The merger will enhance consumer experience with a competitive selection of products and services, while FTD florists will see increased support and service growth. The combined business will house a premier collection of established consumer brands.
  • In May 2023, 1-800-FLOWERS.COM acquired SmartGift to expand its gifting capabilities. SmartGift’s intelligent gifting platform will be added to the company’s gifting brands, allowing brands and corporations to send, track, and manage gifts and recognition campaigns. The acquisition follows the launch of Gifts & More and the purchase of lifestyle brand Alice’s Table. The acquisition aims to provide better virtual experiences for customers.

These mergers and acquisitions helped companies expand their product offerings, improve their market presence, and capitalize on growth opportunities in the Cross-Border Gifting Market. The trend is expected to continue as companies seek to gain a competitive edge in the market.

COMPARATIVE ANALYSIS OF THE RELATED MARKET

Cross-Border Gifting Market Handyman Service Market Running Apparel Market
CAGR 24.54% (Approx) CAGR 16.5% (Approx) CAGR 5.1% (Approx)
USD 535.01 Billion by 2033 USD 1,579.14 Million by 2033 USD 25,053.7 Million by 2033

Cross-Border Gifting Market – Significant Threats

The Cross-Border Gifting Market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:

  • Higher Shipping Costs: The global cross-border gifting market faces challenges due to high international shipping costs, including transportation fees, customs duties, and taxes, which can increase the overall gift price and make it less appealing to consumers. Variability in shipping costs also creates uncertainty, further deterring cross-border gifting.
  • Strong Customs and Regulatory Barriers: Customs regulations and import/export restrictions in different countries can complicate the cross-border gifting market, leading to delays, additional costs, and even gift confiscation. The lack of harmonized regulations makes it challenging for businesses to navigate the legal landscape and ensure smooth gift delivery.
  • Higher Logistical Challenges: Logistics advancements have improved international shipping reliability, but challenges like longer delivery times, package risk, and inefficient last-mile services still hinder consumer experience. Remote or underserved areas may have limited access to reliable shipping services, making it difficult to guarantee timely and secure gift delivery.
  • Higher Currency Fluctuations: Higher currency fluctuations impact the affordability and pricing consistency of cross-border gifts, leading to unpredictable final costs and financial uncertainty. This can discourage consumers from making international purchases due to fear of unexpected price increases.
  • Payment Security and Fraud: Payment security and fraud concerns are major deterrents in the cross-border gifting market, with consumers hesitant to provide payment information for international transactions, especially in regions with higher cybercrime incidences, despite digital payment security improvements.
  • Return and Refund Policies: Cross-border gifting is costly and complex due to high shipping costs, lengthy processing times, and complex customs procedures. A lack of straightforward policies can discourage potential buyers from engaging in such transactions.

Category-Wise Insights

By Product Type:

  • Physical Gifts: The global cross-border gifting market predominantly consists of physical gifts like clothing, accessories, electronics, toys, and home decor. The rise of e-commerce platforms has made international purchases easier, but challenges like high shipping costs and customs regulations persist. Despite these, the demand for physical gifts continues to grow due to rising disposable income and online shopping.
  • Digital Gifts: Digital gifts, including e-gift cards, online subscriptions, digital media, and virtual experiences, are gaining popularity in the cross-border gifting market due to their convenience and instant delivery. These gifts are not geographically bound and eliminate shipping and customs challenges. The increasing adoption of digital technologies and the rise of digital natives further fuel this segment’s growth.
  • Personalized Gifts: Personalized gifts, including engraved Jewelry, monogrammed accessories, photo books, and bespoke artwork, are highly valued in the cross-border gifting market due to their unique and thoughtful nature. Advances in technology like AI and 3D printing have made it easier to create and deliver personalized gifts, despite higher costs and longer lead times.
  • Non-Personalized Gifts: Non-personalized gifts are generic items like chocolates, flowers, books, and beauty products suitable for various occasions. They are chosen for their simplicity and versatility, making them suitable for diverse tastes. The ease of purchasing and variety contribute to their steady demand. Although they lack the unique touch of personalized items, they are convenient and reliable cross-border gifting options.
  • Others: The “Others” category in the cross-border gifting market includes niche and emerging gift types like experiential gifts, subscription boxes, and handmade or artisanal products. This segment encompasses experiential gifts (such as travel vouchers and event tickets), subscription boxes, and handmade or artisanal products. Subscription boxes, offering curated collections of products delivered regularly, provide a convenient and ongoing gifting experience. Handmade or artisanal products appeal to consumers looking for unique, high-quality items with a personal touch.

By Price Range

  • Luxury: The luxury segment of the global gifting market is dominated by affluent consumers seeking high-end, premium products like designer clothing, electronics, fine jewelry, and luxury watches. The growing number of high-net-worth individuals, particularly in Asia-Pacific and the Middle East, drives demand for this segment. Despite higher costs, luxury gifts’ perceived value and status symbol appeal. Challenges include high import duties, stringent customs regulations, and the need for secure shipping methods.
  • Mid-Range: Mid-range gifts, including branded apparel, electronics, beauty products, and home decor, are a significant part of the cross-border gifting market. They balance cost and quality, making them accessible to a wide audience. The rise of online retail platforms has increased the visibility and availability of these gifts. However, they must navigate price competition and maintain quality standards to meet consumer expectations.
  • Low Range: The low-range segment offers budget-friendly gifts like fashion accessories, electronics, and novelty items. These items are popular for casual occasions and diverse preferences. The rise of discount retailers and e-commerce platforms has made it easier for consumers to find and purchase low-range gifts. However, challenges include ensuring product quality, overcoming negative perceptions, and managing international shipping logistics. This segment is particularly attractive during economic downturns or for value-focused consumers.

By Occasions

  • Birthdays: Birthdays are a significant occasion for cross-border gifting, with a significant global market segment. Gifts can range from personalized items to popular products like electronics and fashion accessories. E-commerce platforms have made international gift selection and delivery easier. This segment is driven by the desire to celebrate and connect with friends and family, and companies often offer special discounts and promotions to capitalize on this demand.
  • Holidays: Holidays like Christmas, New Year, Valentine’s Day, Diwali, and Chinese New Year are peak periods for cross-border gifting, with consumers seeking to share joy and festivity with international contacts. Gifts range from traditional treats to luxury products and tech gadgets. The global nature and cultural significance of these occasions drive robust market activity, with retailers and e-commerce platforms launching marketing campaigns and curated gift guides.
  • Anniversaries: Anniversaries are significant occasions for cross-border gifting, often focusing on personal and meaningful items like Jewelry, personalized mementoes, luxury items, and romantic experiences. The demand for high-quality, unique gifts is driven by sentiment and personalization, with e-commerce platforms offering customization options and international delivery services catering to consumers looking to celebrate anniversaries across distances.
  • Corporate Gifts: Corporate gifts are gifts given by businesses to clients, employees, and partners for various occasions, such as holidays, events, promotions, and achievements. They foster business relationships, enhance employee morale, and express appreciation. The rise of remote work and global partnerships has increased the importance of cross-border corporate gifting, driving demand for specialized services and efficient international delivery solutions.
  • Others: The other occasions encompass occasions like weddings, graduations, baby showers, retirements, and religious ceremonies, promoting cross-border gifting. It includes gifts specific to life events and cultural traditions, driven by the desire to celebrate and support loved ones. The variety of gifts, from practical items to culturally specific items, underscores the importance of understanding and catering to diverse consumer needs.

By End Users

  • Individuals: Individuals make up the largest segment of the global cross-border gifting market, purchasing gifts for personal occasions like birthdays, holidays, and anniversaries. The demand is driven by maintaining relationships despite distances. With e-commerce platforms and online retailers, personalized gifts, digital gifts, and unique items from different cultures are popular. The convenience of online shopping and direct gift delivery have increased participation in the market.
  • Corporations: Corporate gifting is a growing segment of the cross-border gifting market, involving businesses sending gifts to clients, employees, partners, and stakeholders to foster relationships, show appreciation, and enhance brand loyalty. Common occasions include holidays, anniversaries, employee recognition events, and client appreciation. High-quality, customized corporate gifts are sought due to the importance of maintaining global business relationships. This segment is characterized by bulk orders and customization needs, making it a lucrative market for specialized corporate gifting services.
  • Retail Customers: The cross-border gifting market involves retail customers like brick-and-mortar stores, online retailers, and specialty gift shops. These retailers source diverse products from different countries to offer unique and culturally diverse options. They seek suppliers with competitive prices, high-quality products, and efficient shipping solutions. The rise of global online marketplaces has enabled small and medium-sized retailers to expand their product offerings and reach a wider audience.
  • Wholesalers: Wholesalers are key intermediaries in the cross-border gifting market, buying gifts in bulk and selling them to retailers at a markup. They benefit from economies of scale, offering competitive prices. The demand for cost-effective sourcing solutions and diverse product offerings drives wholesalers to establish partnerships with manufacturers and logistics providers. The global gifting market’s growth has emphasized the importance of reliable wholesalers who can navigate international trade regulations and provide seamless cross-border distribution.

Report Scope

Feature of the Report Details
Market Size in 2024 USD 92.45 Billion
Projected Market Size in 2033 USD 535.01 Billion
Market Size in 2023 USD 74.23 Billion
CAGR Growth Rate 24.54% CAGR
Base Year 2023
Forecast Period 2024-2033
Key Segment By Product Type, Price Range, Occasions, End User and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

Cross-Border Gifting Market – Regional Analysis

The Cross-Border Gifting Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:

  • North America: North America, including the US and Canada, is a significant market for cross-border gifting due to high consumer spending, a strong gifting culture, and advanced e-commerce infrastructure. The region’s popularity of holidays like Christmas, Thanksgiving, and Valentine’s Day drives demand for unique products. However, challenges like high shipping costs and customs regulations remain. Retailers and service providers can effectively cater to this market by focusing on seamless logistics, competitive pricing, and extensive product catalogues.
  • Europe: Europe is a robust market for cross-border gifting, with countries like the UK, Germany, France, and Italy leading in consumer spending. The region’s cultural diversity and rich traditions contribute to its robustness. European consumers value quality, craftsmanship, and unique products. The European Union’s single market facilitates easier cross-border trade, but Brexit has introduced complexities and new regulatory challenges. Businesses must navigate these landscapes while providing high-quality products and efficient delivery services.
  • Asia-Pacific: The Asia Pacific region, including China, Japan, India, South Korea, and Southeast Asia, is experiencing significant growth in cross-border gifting due to the rising middle class, increasing disposable incomes, and e-commerce adoption. Major festivals like Chinese New Year and Japanese New Year boost demand for gifts, while digital gifts are preferred due to high digital penetration. However, challenges like complex customs procedures and logistical inefficiencies need to be addressed. Companies offering culturally relevant products, efficient delivery, and smooth transactions are well-positioned to succeed.
  • LAMEA (Latin America, Middle East, and Africa): The LAMEA region is a growing market for cross-border gifting, driven by e-commerce activities, a growing middle class, and cultural festivals. High-income countries like the UAE and Saudi Arabia are attracting luxury gifts during festivals. Africa’s young, tech-savvy population is also boosting digital gifting. Despite challenges like high shipping costs and customs duties, the market presents substantial opportunities. Businesses that can navigate these challenges and offer localized solutions can tap into the LAMEA cross-border gifting market.

Competitive Landscape – Cross-Border Gifting Market

The Cross-Border Gifting Market is highly competitive, with a large number of manufacturers and retailers operating globally. Some of the key players in the market include:

  • 1-800-Flowers .com
  • Ace of Hearts Gift Baskets
  • Bettys & Taylors of Harrogate Ltd.
  • Fern N Petals
  • Gift Hampers International
  • GiftBasketsOverseas
  • Giftsenda
  • Interflora
  • Swarovski
  • The British Hamper Company
  • The Gourmet Box
  • The Saao
  • Tiffany & Co.
  • Tinggly
  • Trade Link Cargo Carriers
  • Others

These companies operate in the market through various strategies such as product innovation, mergers and acquisitions, and partnerships.

New players entering the Cross-Border Gifting market are adopting innovation and development to differentiate themselves and gain traction. These players often focus on unique strategies, such as personalized and customized gifting solutions, enhanced digital gifting platforms, blockchain and cryptocurrency payments, and sustainable and eco-friendly gifting options.

Subscription-based gifting services are gaining popularity, offering consumers the convenience of regular, curated gift deliveries. These services range from monthly beauty boxes to gourmet food subscriptions and personalized book clubs. New market players are leveraging data analytics to curate personalized subscription boxes that cater to the recipient’s tastes and preferences. This model provides a steady revenue stream and enhances customer loyalty by offering ongoing, thoughtful gifting solutions.

The Cross-Border Gifting Market is segmented as follows:

By Product Type

  • Physical Gifts
  • Digital Gifts
  • Personalized Gifts
  • Non-Personalized Gifts
  • Others

By Price Range

  • Luxury
  • Mid-range
  • Low Range

By Occasions

  • Birthdays
  • Holidays
  • Anniversaries
  • Corporate Gifts
  • Others

By End User

  • Individuals
  • Corporations
  • Retail Customers
  • Wholesalers

Regional Coverage:

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Russia
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Taiwan
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Cross-Border Gifting Market, (2024 – 2033) (USD Billion)
    • 2.2 Global Cross-Border Gifting Market: snapshot
  • Chapter 3. Global Cross-Border Gifting Market – Industry Analysis
    • 3.1 Cross-Border Gifting Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Growing E-Commerce and Online Shopping
      • 3.2.2 Advancements in Logistics and Delivery
      • 3.2.3 Growing Cultural Exchange and Globalization
      • 3.2.4 Economic Growth and Rising Disposable Incomes
      • 3.2.5 Technological Innovations
      • 3.2.6 Personalization and customization.
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market Attractiveness Analysis By Product Type
      • 3.7.2 Market Attractiveness Analysis By Price Range
      • 3.7.3 Market Attractiveness Analysis By Occasions
      • 3.7.4 Market Attractiveness Analysis By End User
  • Chapter 4. Global Cross-Border Gifting Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Cross-Border Gifting Market: Company Market Share, 2023
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, collaboration, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Cross-Border Gifting Market – Product Type Analysis
    • 5.1 Global Cross-Border Gifting Market Overview: By Product Type
      • 5.1.1 Global Cross-Border Gifting Market Share, By Product Type, 2023 and 2033
    • 5.2 Physical Gifts
      • 5.2.1 Global Cross-Border Gifting Market by Physical Gifts, 2024 – 2033 (USD Billion)
    • 5.3 Digital Gifts
      • 5.3.1 Global Cross-Border Gifting Market by Digital Gifts, 2024 – 2033 (USD Billion)
    • 5.4 Personalized Gifts
      • 5.4.1 Global Cross-Border Gifting Market by Personalized Gifts, 2024 – 2033 (USD Billion)
    • 5.5 Non-Personalized Gifts
      • 5.5.1 Global Cross-Border Gifting Market by Non-Personalized Gifts, 2024 – 2033 (USD Billion)
    • 5.6 Others
      • 5.6.1 Global Cross-Border Gifting Market by Others, 2024 – 2033 (USD Billion)
  • Chapter 6. Global Cross-Border Gifting Market – Price Range Analysis
    • 6.1 Global Cross-Border Gifting Market Overview: By Price Range
      • 6.1.1 Global Cross-Border Gifting Market Share, By Price Range, 2023 and 2033
    • 6.2 Luxury
      • 6.2.1 Global Cross-Border Gifting Market by Luxury, 2024 – 2033 (USD Billion)
    • 6.3 Mid-range
      • 6.3.1 Global Cross-Border Gifting Market by Mid-range, 2024 – 2033 (USD Billion)
    • 6.4 Low Range
      • 6.4.1 Global Cross-Border Gifting Market by Low Range, 2024 – 2033 (USD Billion)
  • Chapter 7. Global Cross-Border Gifting Market – Occasions Analysis
    • 7.1 Global Cross-Border Gifting Market Overview: By Occasions
      • 7.1.1 Global Cross-Border Gifting Market Share, By Occasions, 2023 and 2033
    • 7.2 Birthdays
      • 7.2.1 Global Cross-Border Gifting Market by Birthdays, 2024 – 2033 (USD Billion)
    • 7.3 Holidays
      • 7.3.1 Global Cross-Border Gifting Market by Holidays, 2024 – 2033 (USD Billion)
    • 7.4 Anniversaries
      • 7.4.1 Global Cross-Border Gifting Market by Anniversaries, 2024 – 2033 (USD Billion)
    • 7.5 Corporate Gifts
      • 7.5.1 Global Cross-Border Gifting Market by Corporate Gifts, 2024 – 2033 (USD Billion)
    • 7.6 Others
      • 7.6.1 Global Cross-Border Gifting Market by Others, 2024 – 2033 (USD Billion)
  • Chapter 8. Global Cross-Border Gifting Market – End User Analysis
    • 8.1 Global Cross-Border Gifting Market Overview: By End User
      • 8.1.1 Global Cross-Border Gifting Market Share, By End User, 2023 and 2033
    • 8.2 Individuals
      • 8.2.1 Global Cross-Border Gifting Market by Individuals, 2024 – 2033 (USD Billion)
    • 8.3 Corporations
      • 8.3.1 Global Cross-Border Gifting Market by Corporations, 2024 – 2033 (USD Billion)
    • 8.4 Retail Customers
      • 8.4.1 Global Cross-Border Gifting Market by Retail Customers, 2024 – 2033 (USD Billion)
    • 8.5 Wholesalers
      • 8.5.1 Global Cross-Border Gifting Market by Wholesalers, 2024 – 2033 (USD Billion)
  • Chapter 9. Cross-Border Gifting Market – Regional Analysis
    • 9.1 Global Cross-Border Gifting Market Regional Overview
    • 9.2 Global Cross-Border Gifting Market Share, by Region, 2023 & 2033 (USD Billion)
    • 9.3. North America
      • 9.3.1 North America Cross-Border Gifting Market, 2024 – 2033 (USD Billion)
        • 9.3.1.1 North America Cross-Border Gifting Market, by Country, 2024 – 2033 (USD Billion)
    • 9.4 North America Cross-Border Gifting Market, by Product Type, 2024 – 2033
      • 9.4.1 North America Cross-Border Gifting Market, by Product Type, 2024 – 2033 (USD Billion)
    • 9.5 North America Cross-Border Gifting Market, by Price Range, 2024 – 2033
      • 9.5.1 North America Cross-Border Gifting Market, by Price Range, 2024 – 2033 (USD Billion)
    • 9.6 North America Cross-Border Gifting Market, by Occasions, 2024 – 2033
      • 9.6.1 North America Cross-Border Gifting Market, by Occasions, 2024 – 2033 (USD Billion)
    • 9.7 North America Cross-Border Gifting Market, by End User, 2024 – 2033
      • 9.7.1 North America Cross-Border Gifting Market, by End User, 2024 – 2033 (USD Billion)
    • 9.8. Europe
      • 9.8.1 Europe Cross-Border Gifting Market, 2024 – 2033 (USD Billion)
        • 9.8.1.1 Europe Cross-Border Gifting Market, by Country, 2024 – 2033 (USD Billion)
    • 9.9 Europe Cross-Border Gifting Market, by Product Type, 2024 – 2033
      • 9.9.1 Europe Cross-Border Gifting Market, by Product Type, 2024 – 2033 (USD Billion)
    • 9.10 Europe Cross-Border Gifting Market, by Price Range, 2024 – 2033
      • 9.10.1 Europe Cross-Border Gifting Market, by Price Range, 2024 – 2033 (USD Billion)
    • 9.11 Europe Cross-Border Gifting Market, by Occasions, 2024 – 2033
      • 9.11.1 Europe Cross-Border Gifting Market, by Occasions, 2024 – 2033 (USD Billion)
    • 9.12 Europe Cross-Border Gifting Market, by End User, 2024 – 2033
      • 9.12.1 Europe Cross-Border Gifting Market, by End User, 2024 – 2033 (USD Billion)
    • 9.13. Asia Pacific
      • 9.13.1 Asia Pacific Cross-Border Gifting Market, 2024 – 2033 (USD Billion)
        • 9.13.1.1 Asia Pacific Cross-Border Gifting Market, by Country, 2024 – 2033 (USD Billion)
    • 9.14 Asia Pacific Cross-Border Gifting Market, by Product Type, 2024 – 2033
      • 9.14.1 Asia Pacific Cross-Border Gifting Market, by Product Type, 2024 – 2033 (USD Billion)
    • 9.15 Asia Pacific Cross-Border Gifting Market, by Price Range, 2024 – 2033
      • 9.15.1 Asia Pacific Cross-Border Gifting Market, by Price Range, 2024 – 2033 (USD Billion)
    • 9.16 Asia Pacific Cross-Border Gifting Market, by Occasions, 2024 – 2033
      • 9.16.1 Asia Pacific Cross-Border Gifting Market, by Occasions, 2024 – 2033 (USD Billion)
    • 9.17 Asia Pacific Cross-Border Gifting Market, by End User, 2024 – 2033
      • 9.17.1 Asia Pacific Cross-Border Gifting Market, by End User, 2024 – 2033 (USD Billion)
    • 9.18. Latin America
      • 9.18.1 Latin America Cross-Border Gifting Market, 2024 – 2033 (USD Billion)
        • 9.18.1.1 Latin America Cross-Border Gifting Market, by Country, 2024 – 2033 (USD Billion)
    • 9.19 Latin America Cross-Border Gifting Market, by Product Type, 2024 – 2033
      • 9.19.1 Latin America Cross-Border Gifting Market, by Product Type, 2024 – 2033 (USD Billion)
    • 9.20 Latin America Cross-Border Gifting Market, by Price Range, 2024 – 2033
      • 9.20.1 Latin America Cross-Border Gifting Market, by Price Range, 2024 – 2033 (USD Billion)
    • 9.21 Latin America Cross-Border Gifting Market, by Occasions, 2024 – 2033
      • 9.21.1 Latin America Cross-Border Gifting Market, by Occasions, 2024 – 2033 (USD Billion)
    • 9.22 Latin America Cross-Border Gifting Market, by End User, 2024 – 2033
      • 9.22.1 Latin America Cross-Border Gifting Market, by End User, 2024 – 2033 (USD Billion)
    • 9.23. The Middle-East and Africa
      • 9.23.1 The Middle-East and Africa Cross-Border Gifting Market, 2024 – 2033 (USD Billion)
        • 9.23.1.1 The Middle-East and Africa Cross-Border Gifting Market, by Country, 2024 – 2033 (USD Billion)
    • 9.24 The Middle-East and Africa Cross-Border Gifting Market, by Product Type, 2024 – 2033
      • 9.24.1 The Middle-East and Africa Cross-Border Gifting Market, by Product Type, 2024 – 2033 (USD Billion)
    • 9.25 The Middle-East and Africa Cross-Border Gifting Market, by Price Range, 2024 – 2033
      • 9.25.1 The Middle-East and Africa Cross-Border Gifting Market, by Price Range, 2024 – 2033 (USD Billion)
    • 9.26 The Middle-East and Africa Cross-Border Gifting Market, by Occasions, 2024 – 2033
      • 9.26.1 The Middle-East and Africa Cross-Border Gifting Market, by Occasions, 2024 – 2033 (USD Billion)
    • 9.27 The Middle-East and Africa Cross-Border Gifting Market, by End User, 2024 – 2033
      • 9.27.1 The Middle-East and Africa Cross-Border Gifting Market, by End User, 2024 – 2033 (USD Billion)
  • Chapter 10. Company Profiles
    • 10.1 1-800-Flowers .com
      • 10.1.1 Overview
      • 10.1.2 Financials
      • 10.1.3 Product Portfolio
      • 10.1.4 Business Strategy
      • 10.1.5 Recent Developments
    • 10.2 Ace of Hearts Gift Baskets
      • 10.2.1 Overview
      • 10.2.2 Financials
      • 10.2.3 Product Portfolio
      • 10.2.4 Business Strategy
      • 10.2.5 Recent Developments
    • 10.3 Bettys & Taylors of Harrogate Ltd.
      • 10.3.1 Overview
      • 10.3.2 Financials
      • 10.3.3 Product Portfolio
      • 10.3.4 Business Strategy
      • 10.3.5 Recent Developments
    • 10.4 Fern N Petals
      • 10.4.1 Overview
      • 10.4.2 Financials
      • 10.4.3 Product Portfolio
      • 10.4.4 Business Strategy
      • 10.4.5 Recent Developments
    • 10.5 Gift Hampers International
      • 10.5.1 Overview
      • 10.5.2 Financials
      • 10.5.3 Product Portfolio
      • 10.5.4 Business Strategy
      • 10.5.5 Recent Developments
    • 10.6 GiftBasketsOverseas
      • 10.6.1 Overview
      • 10.6.2 Financials
      • 10.6.3 Product Portfolio
      • 10.6.4 Business Strategy
      • 10.6.5 Recent Developments
    • 10.7 Giftsenda
      • 10.7.1 Overview
      • 10.7.2 Financials
      • 10.7.3 Product Portfolio
      • 10.7.4 Business Strategy
      • 10.7.5 Recent Developments
    • 10.8 Interflora
      • 10.8.1 Overview
      • 10.8.2 Financials
      • 10.8.3 Product Portfolio
      • 10.8.4 Business Strategy
      • 10.8.5 Recent Developments
    • 10.9 Swarovski
      • 10.9.1 Overview
      • 10.9.2 Financials
      • 10.9.3 Product Portfolio
      • 10.9.4 Business Strategy
      • 10.9.5 Recent Developments
    • 10.10 The British Hamper Company
      • 10.10.1 Overview
      • 10.10.2 Financials
      • 10.10.3 Product Portfolio
      • 10.10.4 Business Strategy
      • 10.10.5 Recent Developments
    • 10.11 The Gourmet Box
      • 10.11.1 Overview
      • 10.11.2 Financials
      • 10.11.3 Product Portfolio
      • 10.11.4 Business Strategy
      • 10.11.5 Recent Developments
    • 10.12 The Saao
      • 10.12.1 Overview
      • 10.12.2 Financials
      • 10.12.3 Product Portfolio
      • 10.12.4 Business Strategy
      • 10.12.5 Recent Developments
    • 10.13 Tiffany & Co.
      • 10.13.1 Overview
      • 10.13.2 Financials
      • 10.13.3 Product Portfolio
      • 10.13.4 Business Strategy
      • 10.13.5 Recent Developments
    • 10.14 Tinggly
      • 10.14.1 Overview
      • 10.14.2 Financials
      • 10.14.3 Product Portfolio
      • 10.14.4 Business Strategy
      • 10.14.5 Recent Developments
    • 10.15 Trade Link Cargo Carriers
      • 10.15.1 Overview
      • 10.15.2 Financials
      • 10.15.3 Product Portfolio
      • 10.15.4 Business Strategy
      • 10.15.5 Recent Developments
    • 10.16 Others.
      • 10.16.1 Overview
      • 10.16.2 Financials
      • 10.16.3 Product Portfolio
      • 10.16.4 Business Strategy
      • 10.16.5 Recent Developments
List Of Figures

Figures No 1 to 35

List Of Tables

Tables No 1 to 102

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2033

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Perspective Primary research Secondary research
Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data
Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Market Analysis Matrix

Qualitative analysis Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2033
  • Market revenue estimates and forecasts up to 2033, by technology
  • Market revenue estimates and forecasts up to 2033, by application
  • Market revenue estimates and forecasts up to 2033, by type
  • Market revenue estimates and forecasts up to 2033, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Prominent Player

  • 1-800-Flowers .com
  • Ace of Hearts Gift Baskets
  • Bettys & Taylors of Harrogate Ltd.
  • Fern N Petals
  • Gift Hampers International
  • GiftBasketsOverseas
  • Giftsenda
  • Interflora
  • Swarovski
  • The British Hamper Company
  • The Gourmet Box
  • The Saao
  • Tiffany & Co.
  • Tinggly
  • Trade Link Cargo Carriers
  • Others

FAQs

The key factors driving the Market are Growing E-Commerce and Online Shopping, Advancements in Logistics and Delivery, Growing Cultural Exchange and Globalization, Economic Growth and Rising Disposable Incomes, Technological Innovations, Personalization and customization.

The “Physical Gifts” category dominated the market in 2023.

The key players in the market are 1-800-Flowers .com, Ace of Hearts Gift Baskets, Bettys & Taylors of Harrogate Ltd., Fern N Petals, Gift Hampers International, GiftBasketsOverseas, Giftsenda, Interflora, Swarovski, The British Hamper Company, The Gourmet Box, The Saao, Tiffany & Co., Tinggly, Trade Link Cargo Carriers, Others.

“North America” had the largest share in the Cross-Border Gifting Market.

The global market is projected to grow at a CAGR of 24.54% during the forecast period, 2024-2033.

The Cross-Border Gifting Market size was valued at USD 92.45 Billion in 2024.

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