The gift wrapping products market in the United States is expected to reach a projected revenue of US$ 5,820.2 million by 2025. A compound annual growth rate of 5.5% is expected of the United States gift wrapping products market from 2019 to 2025.
The U.S. gift wrapping products market generated a revenue of USD 4,000.9 million in 2018 and is expected to reach USD 5,820.2 million by 2025.
The U.S. market is expected to grow at a CAGR of 5.5% from 2019 to 2025.
In terms of segment, paper & board was the largest revenue generating raw material in 2018.
Paper & board is the most lucrative raw material segment registering the fastest growth during the forecast period.
Gift wrapping products market data book summary
Market revenue in 2018
USD 4,000.9 million
Market revenue in 2025
USD 5,820.2 million
Growth rate
5.5% (CAGR from 2018 to 2025)
Largest segment
Paper & board
Fastest growing segment
Paper & board
Historical data
2015 - 2017
Base year
2018
Forecast period
2019 - 2025
Quantitative units
Revenue in USD million
Market segmentation
Paper & board, Plastic
Key market players worldwide
Hallmark Cards Plc, Card Factory PLC, Mondi PLC, IG Design Group PLC, DS Smith PLC, Karl Knauer, Valtenna
Other key industry trends
In terms of revenue, U.S. accounted for 26.5% of the global gift wrapping products market in 2018.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2025.
In North America, U.S. gift wrapping products market is projected to lead the regional market in terms of revenue in 2025.
U.S. is the fastest growing regional market in North America and is projected to reach USD 5,820.2 million by 2025.
According to research by Investopedia, consumer spending on holiday gifts and other holiday expenses has increased since 2009. Planned holiday spending for friends, family, and colleagues amount to USD 650 on gifts (including gift-wrapping products).
However, this spending decreased by USD 50 in 2020 as consumers became more cautious due to the economic downturn caused by the outbreak of COVID19. Nevertheless, this is expected to bounce back with the growing availability of vaccines across the country.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Gift Wrapping Products Market will help companies and investors design strategic landscapes.
Paper & Board was the largest segment with a revenue share of 80.0% in 2018.
Horizon Databook has segmented the U.S. gift wrapping products market based on paper & board, plastic covering the revenue growth of each sub-segment from 2015 to 2025.
According to research by Investopedia, consumer spending on holiday gifts and other holiday expenses has increased since 2009. Planned holiday spending for friends, family, and colleagues amount to USD 650 on gifts (including gift-wrapping products).
However, this spending decreased by USD 50 in 2020 as consumers became more cautious due to the economic downturn caused by the outbreak of COVID19. Nevertheless, this is expected to bounce back with the growing availability of vaccines across the country.
U.S. Gift Wrapping Products Market Raw Material Outlook (Revenue, USD Million , 2015-2025)
Paper & board
Plastic
Others
U.S. Gift Wrapping Products Market Product Type Outlook (Revenue, USD Million , 2015-2025)
Wrapping Paper
Ribbons
Film & Foils
Decorative Boxes
Pouches
Bags
Others
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. gift wrapping products market, including forecasts for subscribers. This country databook contains high-level insights into U.S. gift wrapping products market from 2015 to 2025, including revenue numbers, major trends, and company profiles.
U.S. Gift Wrapping Products Market, 2015-2025 (US$M)