GITNUX MARKETDATA REPORT 2024

Must-Know Corporate Gifting Statistics [Current Data]

Statistic 1

"The global corporate gifting market was valued at $318.2 billion in 2019."

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Statistic 2

"Small and medium-sized enterprises (SMEs) account for approximately 65% of the corporate gifting market."

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Statistic 3

"The Asia-Pacific region is expected to experience the highest growth in the corporate gifting market with a CAGR of 7.1% from 2021 to 2028."

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Statistic 4

"Customized gifts account for over 50% of corporate Gifting."

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Statistic 5

"The edible products segment dominated the global corporate gifting market with a revenue share of 28.7% in 2020."

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Statistic 6

"Premium corporate gifts are expected to witness a CAGR of 4.4% from 2021 to 2028."

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Statistic 7

"39% of companies plan to increase their corporate gifting budgets in 2021."

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Statistic 8

"72% of employees prefer a corporate gift card over merchandise."

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Statistic 9

"An estimated 96% of companies in the United States leverage non-cash reward programs for employees."

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Statistic 10

"The electronics and gadgets segment holds a significant market share of 20% in the corporate gifting market."

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Statistic 11

"In 2020, gifts focused on health, wellness, and sustainability contributed to 25% of total corporate gift sales."

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Statistic 12

"The traditional gifts segment, including items like clocks, pens, and memento, accounted for 31.7% of total sales in 2020."

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Statistic 13

"The online channel is expected to witness a slightly increased CAGR of 3.5% from 2021 to 2028 in the corporate gifting market."

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Statistic 14

"The eco-friendly products segment in the corporate gifting market is expected to grow at a CAGR of 3.2% during 2021 – 2028."

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Statistic 15

"94% of companies plan to maintain or increase their corporate gifting budgets despite the pandemic."

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