One of the effects of the COVID-19 pandemic in 2020 was a growth in ecommerce. In addition to this, the personalized gift market also saw success as people sought gifts online. —
The pandemic led to more people shopping online, for everything from groceries to gifts. Online shopping has allowed the continuation of safe delivery of products during the outbreak, and even people who have never shopped online before have begun to make online purchases. The growth in ecommerce in 2020 included an increase in online sales during the holiday period, with more people than ever buying gifts online, although many holding back on purchasing last-minute items. Included in this is personalized gifts, which are easy to order online.
Companies such as GiftLab offer customers the opportunity to customize their gifts with their choice of text, images, and more. According to a report from Technavio, the global personalized gifts market has the potential to grow by USD 7.37 billion during 2020-2024. A growth of 9.22% in 2020 is set to spark an acceleration of growth in the personalized gift market, with a projected compound annual growth rate of almost 5%.
Personalized gifts appeal to people due to a variety of factors. They enable gift-givers to send thoughtful gifts that are personalized to the person they are buying a gift for without having to pay a high price. Personalizing a gift can make it seem more special and sentimental, particularly when ordering a gift online. Online shopping and delivery can feel less personal than delivering a gift to someone in person, and personalized gifts can help to combat this.
GiftLab offers a broad range of gifts that can be personalized in many different ways. From socks that can be personalized with an image of someone's face to artwork that can feature a scannable Spotify code of a favorite song, there are endless ways to personalize gifts. As new innovations arrive, the ways in which gifts can be personalized to the recipient continue to grow. Gifts can be printed, 3D printed, embossed, engraved, and more to turn them into more personal offerings for occasions of all kinds.
As ecommerce grows, interest in personalized gifts is likely to continue to grow too. Sourcing personalized gifts is easier than ever thanks to sites like GiftLab that make it simple to choose and customize gifts to suit a range of needs. Orders can be fulfilled and shipped quickly for fast and safe gift buying.
Find out more about GiftLab on their website: https://www.giftlab.com/. Get in touch with Phoebe by calling +86 451 8716 6575, emailing email@example.com or writing to RM D 10/F TOWER A BILLION CTR 1 WANG KWONG RD KOWLOON BAY KL A, Billion Centre, 1 Wang Kwong Road with any inquiries.
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