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The global gifting market is estimated to be USD 475 billion, and India is expected to emerge as one of the strongest contributors by 2024.
The gifting industry in India has witnessed a massive growth over the past decade due to rising income levels and aspirations.
The gifting market in India was pegged at $30 billion of which $400 million could be attributed to the digital space. Gifting in India can be split into 3 broad categories, FESTIVAL Gifting stands at $7.5 billion, PERSONAL Gifting accounts for $20 billion and CORPORATE gifting is at $2.5 billion and is growing at over 200% per annum.
The evolution of the Indian customer has played a key role in bringing about this revolution, as the customers have both the willingness and the ability to pay for unconventional gifting options. Factors like creative packaging, personalised note, initials engraved boxes etc render all together a seamless experience showing an extra effort emphasised on showing care, thankfulness and gratitude.
We invite dynamic, creative young leaders for our organization who are aspirant to build their career in Corporate Gifting Segment Drop your resume to sales@b2bgiftsindia.com and contact us to join our aspire team.