GCC countries greeting cards market is estimated to grow at a significant CAGR during the forecast period. A greeting card is an illustrated piece of card or high-quality paper that includes a message of greeting, congratulation, grief, or joy for a variety of occasions such as Christmas, birthdays, holidays, or any other occasion. The greeting card is usually enclosed in an envelope, which comes in a variety of forms. These cards are mostly mass-produced; however, there are also handcrafted ones available from hundreds of companies around the world. Every year, nine out of ten households are expected to purchase greeting cards. According to the Greeting Card Association (GCA), the industry is expected to be dominated by women, who account for about 80% of greeting card sales. During the forecast period, the rising trend of merging technology with greeting cards (for instance, greeting cards with LED illumination or musical cards) is expected to drive the GCC greeting cards market. In the next years, the rising acceptance of e-cards as a result of increased awareness is expected to influence greeting card market growth.
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Additionally, consumers’ growing desire for handcrafted greeting cards is expected to propel the market growth during the forecast period. However, expanding social media trends and the proliferation of e-cards, as well as the massive mobile communication industry, could limit the market’s growth during the projection period. However, by combining innovation and generating custom built and engineered 3D cards, introducing personalised photo greeting cards, and merging lighting capabilities with audio capabilities within physical greeting cards, numerous efforts are being made. To increase product visibility, these cards are subsequently made accessible at stationary stores and supermarkets.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Countries Covered-
- Saudi Arabia
- UAE
- Qatar
- Kuwait
- Bahrain
- Oman
- Competitive Landscape-Current Media Group LLC, Budget Greeting Cards Ltd., and IG Design Group Plc, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
GCC Countries Greeting Cards Market Report by Segment
By Type
- Seasonal Greeting Cards
- Everyday Greeting Cards
By Application
- Business Cards
- Personal Cards
GCC Countries Greeting Cards Market by Country
- Saudi Arabia
- UAE
- Qatar
- Kuwait
- Bahrain
- Oman
A full report of GCC Countries Greeting Cards Market is available at:https://orionmarketreports.com/cc-countries-greeting-cards-market/110711/
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