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.
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.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.