India Gifting Market Size, Share, Growth, Trend & Forecast 2025

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India Gifting Market Size, Share, Growth, Trend & Forecast 2025

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India gifting market is projected to grow from an estimated $ 119 million in 2019 to $ 159 million by 2025. Anticipated growth of gifting market in India can be attributed to rising disposable income and increasing influence of western culture across the country. – PowerPoint PPT presentation

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Title: India Gifting Market Size, Share, Growth, Trend & Forecast 2025


1
FY2015 FY2025
INDIA GIFTING MARKET
FORECAST OPPORTUNITIES
www.techsciresearch.com
MARKET INTELLIGENCE . CONSULTING
2
  • Scope of Report
  • Product of Interest (POI) Gifting

India gifting market is projected to grow from an
estimated 119 million in 2019 to 159 million
by 2025. Anticipated growth of gifting market in
India can be attributed to rising disposable
income and increasing influence of western
culture across the country. Moreover, increasing
marketing activities by leading brands coupled
with personalization and customization in gift
products are some other drivers of gifting market
in India. Also, factors like creative packaging,
personalized notes, initial engraved boxes, etc.,
together with a seamless buying experience,
especially through online platforms, are boosting
the countrys gifting market.
Market Segmentation
PURPOSE
  • Corporate Gifting
  • Personal Gifting

DISTRIBUTION CHANNEL
  • Online
  • Offline

REGION
  • North
  • East
  • West
  • South

3
  • Table of Contents

S. No. Contents Contents Contents Page No.
1. Product Overview Product Overview Product Overview
2. Research Methodology Research Methodology Research Methodology
3. Impact of COVID-19 on India Gifting Market Impact of COVID-19 on India Gifting Market Impact of COVID-19 on India Gifting Market
4. Executive Summary Executive Summary Executive Summary
5. Voice Of Customer Voice Of Customer Voice Of Customer
5.1. Brand Awareness Brand Awareness
5.2. Sources of Information Sources of Information
5.3. Preferred Mode of Purchase Preferred Mode of Purchase
5.4. Factors Influencing Purchase Decision Factors Influencing Purchase Decision
6. India Gifting Market Outlook India Gifting Market Outlook India Gifting Market Outlook
6.1. Market Size Forecast Market Size Forecast
6.1.1. By Value
6.2. Market Share Forecast Market Share Forecast
6.2.1. By Purpose (Corporate Gifting Personal Gifting)
6.2.2. By Distribution Channel (Online Offline)
6.2.3. By Region (North, East, West, South)
6.2.4. By Company (FY2019)
6.3. Market Attractiveness Index Market Attractiveness Index
4
  • Table of Contents

S. No. Contents Contents Contents Page No.
7. India Corporate Gifting Market Outlook India Corporate Gifting Market Outlook India Corporate Gifting Market Outlook
7.1. Market Size Forecast Market Size Forecast
7.1.1. By Value
7.2. Market Share Forecast Market Share Forecast
7.2.1. By Distribution Channel
7.2.2 By Region
7.3. Pricing Analysis Pricing Analysis
8. India Personal Gifting Market Outlook India Personal Gifting Market Outlook India Personal Gifting Market Outlook
8.1. Market Size Forecast Market Size Forecast
8.1.1. By Value
8.2. Market Share Forecast Market Share Forecast
8.2.1. By Distribution Channel
8.2.2 By Region
8.3. Pricing Analysis Pricing Analysis
9. Supply Chain Analysis Supply Chain Analysis Supply Chain Analysis
10. Import-Export Dynamics Import-Export Dynamics Import-Export Dynamics
11. Market Dynamics Market Dynamics Market Dynamics
11.1. Drivers Drivers
11.2. Challenges Challenges
5
  • Table of Contents

S. No. Contents Contents Page No.
12. Market Trends Developments Market Trends Developments
13. Policy Regulatory Landscape Policy Regulatory Landscape
14. India Economic Profile India Economic Profile
15. Competitive Landscape Competitive Landscape Competitive Landscape
15.1. Company Profiles Company Profiles
16. Strategic Recommendations Strategic Recommendations Strategic Recommendations
17. About Us Disclaimer About Us Disclaimer About Us Disclaimer
6
RESEARCH METHODOLOGY
7
  • Research Methodology

Market Profiling
Data Analysis
Data Collection
Data Validation
Developing List of Respondents
Formulating Questionnaire
In-depth secondary research was conducted to
determine top players in the India gifting
market, overall market size and segmental market
size.
The data was scrutinized using MS-Excel,
statistical tools and internal proprietary
database to obtain qualitative and quantitative
insights about the India gifting market.
Data obtained as a result of primary and
secondary research was validated through rigorous
triangulation.
TechSci conducted interviews with industry
experts and industry players for data collection
and verification.
In order to conduct industry experts interviews,
TechSci formulated a detailed discussion guide.
List of industry players and industry specialists
was developed.
Primary Research
Desk Research
Company Analysis
  • Recent Developments
  • Market Changing Aspects/Dynamics
  • Government Policies
  • Conclusion
  • Market Participants
  • Key Strengths
  • Identifying Key Opinion Leaders
  • Questionnaire Design
  • In-depth Interviews

8
  • Research Methodology
  • Baseline Methodology
  • Our dedicated team of industry experts has
    monitored and analyzed various aspects of India
    gifting market. The team has analyzed the outlook
    of various segments of this market, while
    considering the major influencing factors such as
    rising disposable income and increasing influence
    of western culture. The study includes market
    forecasting, which would enable our clients to
    take better decisions while planning their
    strategy to achieve sustainability in India
    gifting market.
  • Methodology Followed for Calculation of Market
    Size
  • Market Size By Value Market size, in terms of
    value, for the year FY2019 was calculated based
    on information collected through exhaustive
    secondary research and primary surveys, with
    various key opinion leaders/stakeholders, such as
    kids wear companies, channel partners, market
    influencers end users, industry experts, and
    other industry participants.
  • The team interviewed more than 15 20 gifting
    companies, 45 50 channel partners, 80 100 end
    users, and 15 20 industry experts and other
    value chain stakeholders in India gifting market
    to obtain the overall market size for
    FY2015-FY2019, which was validated by using
    Delphi technique. Taking standard deviation into
    consideration, the market size was averaged out,
    to arrive at the market size data during
    FY2015-FY2019.

9
  • Research Methodology
  • Respondents were asked about the current and
    future market growth rates, market shares by
    purpose, by distribution channel, by region and
    by company. Removing the outlier responses, the
    geometric mean of growth estimates and supplier
    wise revenue shares generated across various
    segments were considered, to arrive at the final
    revenue shares. Revenue shares generated across
    various segments were further triangulated from
    other stakeholders.
  • Methodology Followed for Calculation of Market
    Shares
  • Market shares by purpose, by distribution
    channel, by region and by company were calculated
    based on the responses received through primary
    surveys with industry experts, in which the
    respondents were asked about the market shares or
    revenue generated from various segments of
    gifting market. The final shares were calculated
    by taking the geometric mean of the responses
    gathered from key opinion leaders after
    eliminating the outliers.
  • Methodology Followed for Forecasting
  • TechSci Research performed periodical checks on
    data collected through the surveys with logic
    checks and analyzed the survey results in
    SPSS/Tableau Software.
  • Data triangulation techniques were applied to
    fill the gaps and to present a more meaningful
    picture of the market. To forecast India gifting
    market, TechSci Research used various forecast
    techniques such as
  • Moving Average
  • Time Series Analysis
  • Regression Analysis
  • Econometric and Judgmental Analysis

10
  • Research Methodology

TechSci Research used its own forecast tool,
which is based on the growth of various allied
industries in respective regions. TechSci
Research also used the impact analysis during
short, medium and long term period to estimate
the demand and to reach accurate market numbers.
It should be noted that the figures compiled are
only for the organized market including market
share data.
Partial List of Companies Interviewed Key Secondary Sources
Archies Ferns N Petals Mini So Uniqlo Beccos Floweraura Hall Mark World Bank TechSci Research Proprietary Database Knowledge Repository Company Annual Reports Industry Magazines Industry Reports News Dailies Credible Paid Databases
11
  • Industry Brief

According to a recently released TechSci Research
report, India Gifting Market By Purpose
(Corporate Gifting Personal Gifting), By
Distribution Channel (Offline and Online), By
Region, Competition, Forecast Opportunities,
2025, gifting market in India is projected to
surpass 159 million by 2025 on account of
rising disposable income levels and increasing
influence of western culture across the country.
Due to increase in internet and smartphone
penetration, online sales channel of the
countrys gifting market is growing.
Consequently, the share of offline segment is
expected to decline due to surging online sales
as more and more people are going digital and
leading market players like Archies, Mini So,
Ferns Petals, etc., are also strengthening
their online interfaces to offer a smooth
shopping experience to consumers at the comfort
of their home or on-the-go. Tier 1 cities remain
the dominant markets for online sales.
Nevertheless, the offline channel would continue
its market dominance during the forecast period.
  Major players operating in India gifting
market include Archies, Ferns Petals, Mini So,
Beccos, Uniqlo, among others. In 2019, Archies
held the largest share in the countrys gifting
market, and the company is expected to continue
its dominance through 2025. Leading players are
focusing on expanding their product portfolios to
maintain sustainable growth in the countrys
gifting market. The companies are also expanding
their distribution reach by opening more outlets
as well as selling their products through online
channel. India gifting market is expected to
grow at a steady pace in the coming years due to
increase in disposable income and growing
affluence, especially among millennials. An
increasing number of people are now moving from
traditional gifting options like edibles and
greeting cards to unique and unconventional
customized gifting ideas. Consumers in India want
to be surprised by innovative products and ideas,
creative packaging, personalized notes, initial
engraved boxes, etc., as more and more people
have both the willingness and ability to pay for
unconventional gifts. Young adults are the
primary buyers in India gifting market, and they
consequently form the target consumer segment for
the major gifting players operating in India.,
said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global
management consulting firm.
12
  • Sample Data - Snapshot

India Gifting Market Size, By Value (USD
Million), FY2015FY2025F
India Gifting Market Share, By Company, By Value,
FY2019
India Corporate Gifting Market Share, By
Distribution Channel, By Value, FY2015FY2025F
13
  • Report Ordering

Report Name INDIA GIFTING MARKET FORECAST
OPPORTUNITIES FY2015 FY2025
License Type Price
Single User License 2950
Multi-User License 3750
Custom Research License 7500
To View Sample OR Purchase Report  
14
About Us Disclaimer
TechSci Research is a global market research and
consulting company with offices in the US, UK and
India. TechSci Research provides market research
reports in number of areas to organizations. The
company uses innovative business models that
focus on improving productivity, while ensuring
creation of high-quality reports. The proprietary
forecasting models use various analyses of both
industry-specific and macroeconomic variables on
a state-by-state basis to produce a unique
bottom-up model of a country, regional and
global industry prospects. Combined with the
detailed analysis of company activity and
industry trends, the result is a uniquely rich
evaluation of the opportunities available in the
market.
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representation is made that it is timely,
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due care and caution in compilation of data as
this has been obtained from various sources
including which it considers reliable and
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of any information and it is not responsible for
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