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Gift Shops & Card Stores in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Gift Shops & Card Stores Market Research Report | NAICS 45322 | Oct 2016

Shop around: Consumer spending will rebound, but online competition will stifle growth

IBISWorld’s Gift Shops & Card Stores market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$21bn
Annual Growth 11-16
1.8%
Annual Growth 16-21
Annual Growth
Profit
Profit
Employment
210,020
Businesses
67,539
Industry Threats & Opportunities
  • More Americans and foreigners are expected to travel in the United States, lifting demand
  • Americans and foreigners have begun to travel more, boosting demand for industry products
  • Competition from discount retailers will intensify as supercenter and discount store chains expand
  • ... purchase to read more

Industry Analysis & Industry Trends

Revenue for the Gift Shops and Card Stores industry is continuing to rise as consumers increase their amount of discretionary spending. Improved per capita disposable income has allowed consumers to travel more in the five years to 2016 and purchase goods at industry operators. However, increasing competition with e-commerce and discount retailers have caused many small stores to close. In the next five years, the industry is anticipated to continue benefiting from rising disposable income levels and tourist activity. Additionally, as consumer spending improves, more people will trade up to premium industry products... ... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Gift Shops and Card Stores industry is in the mature stage of its life cycle. Over the 10 years to 2021, industry value added, which measures the industry’s contribution to the overall domestic economy, is estimated to increase at an annualized rate of 1.6%, whereas US GDP is projected to expand 2.1% per year on average over the same period. While industry revenue is expected to grow relatively consistently over this period, intensifying competition from alternative retailers will likely mitigate any faster growth. This industry is growing slightly more slowly than the economy as a whole, but its growth generally mirrors that of the US at large, which is characteristic of a mature industry.

.. ... purchase to read more

Additional Insights for the Gift Shops & Card Stores Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Gift Shops & Card Stores Industry are

  • Economies of scope
  • Attractive product presentation
  • Effective quality control
  • IBISWorld analysts also discuss how external factors such as Domestic trips by US residents and Per capita disposable income in the Gift Shops & Card Stores industry impact industry performance... purchase to read more

     


    Industry ProductsRelated Reports

    What is the Gift Shops & Card Stores Industry?

    The Gift Shops and Card Stores industry retails a range of gifts, gift wrap, novelty merchandise, souvenirs, greeting cards, party supplies and seasonal and holiday decorations. This industry excludes retailers that operate as used merchandise stores, electronic shopping, mail-order houses and discount retail stores.

    Industry Products
    Souvenirs and novelty itemsSeasonal decorationsKitchenware and home furnishingsGreeting cardsClothes, jewelry and costumes
     
    Industry Activities
    Retailing greeting cards Retailing gifts and gift supplies, i.e. gift wrap and tissue paperRetailing souvenirs and novelty merchandiseRetailing party suppliesRetailing seasonal and holiday decorations


    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Domestic trips by US residents
  • Per capita disposable income
  • Percentage of services conducted online
  • Inbound trips by non-US residents
  • Current Performance
  • Improving income
  • Increasing tourist travel
  • Intensifying competition
  • Chart: Revenue Growth
  • Industry Outlook
  • Low prices
  • Downsizing
  • Tourism
  • Table: Gift Shops & Card Stores Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Gift Shops & Card Stores Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Consumers
  • Key Selling Industries
  • Glass Product Manufacturing
  • Greeting Cards & Other Publishing
  • Jewelry Manufacturing
  • Office Stationery Manufacturing
  • Toy, Doll & Game Manufacturing
  • Products & Services
  • Souvenirs and novelty items
  • Other
  • Clothes, jewelry and costumes
  • Seasonal decorations
  • Greeting cards
  • Kitchenware and home furnishings
  • Chart: Gift Shops & Card Stores Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Households earning $50,000 to $99,999
  • Households earning less than $50,000
  • Households earning $100,000 or more
  • Other
  • Chart: Major Market Segmentation for the Gift Shops & Card Stores Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Gift Shops & Card Stores
  • Basis of Competition
  • Internal competition
  • External competition
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Gift Shops & Card Stores Industry
  • Industry Globalization
    Major Companies
    Party City Holdings Inc.
  • Table: Party City Holdings Inc. - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Gift Shops & Card Stores Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Gift Shops & Card Stores Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Per Capita Disposable Income (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
    Point-Of-Sale (Pos)
  • The location where a transaction occurs at a retail establishment or store.
  • Radio Frequency Identification (Rfid)
  • A technology that releases continuous signals from a chip to track products from the time they leave the assembly line to the time they leave the store.
  • Smartphone
  • A mobile phone that offers advanced PC-like capabilities.
  • Social Networking Websites
  • A form of online publication or presence that enables end-users to engage in multidirectional conversations in or around the content of the website.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Gift Shops & Card Stores:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Gift Shops & Card Stores market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Gift Shops & Card Stores, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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