Industry Analysis & Industry Trends
The Online Greeting Card Sales industry is continuing to benefit from increasing consumer access to online stores, given the rise of e-commerce giants and mobile platforms. Over the five years to 2015, flexible accessibility to online retailers combined with a rise in disposable income encouraged consumers to spend on discretionary merchandise such as greeting cards, and supported industry demand. Moreover, consumer spending will be the strongest catalyst for growth in the industry over the five years to 2020. Online shopping will continue to present a quick and easy alternative to buying from catalogs and brick-and-mortar stores.... purchase to read more
Industry Report - Starting a New Business Chapter
Barriers to entry into the Online Greeting Card Sales industry are low. The industry does not face any strict government regulations and there are no dominant players restricting new entrants from capturing market share. Concentration is high and going forward, IBISWorld does not expect concentration to increase, meaning that new firms will be able to enter the industry with ease.
The growing industry provides new entrants with the ability to provide customizable products and cater to niche markets. The increasing use of the internet, consumers' acceptance of sending electronic greetings and demand for personalized paper goods will set the stage for growth... purchase to read more