Global Gift Wrapping Products Market Outlook 2024–2030: Trends, Forecasts, and Growth Opportunities
The global gift wrapping products market size was valued at USD 18.02 billion in 2023 and is projected to grow at a CAGR of 8.4% from 2024 to 2030. Consumers increasingly seek unique and visually appealing ways to present their gifts, driving demand for innovative and customized wrapping solutions. This trend aligns with the desire to make gifts more memorable and special, leading to demand for various wrapping materials such as wrapping papers, gift bags, ribbons, and bows. The gift wrapping products market experiences peak demand during seasonal celebrations such as Christmas, Valentine’s Day, birthdays, and other major holidays. Seasonal trends are crucial in driving sales as consumers seek specific themes, colors, and designs for their gift presentations during these occasions. Retailers and e-commerce platforms capitalize on these peak periods by offering a wide range of wrapping products tailored to seasonal preferences, further fueling market growth...