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Gift items, also known as gifts or giftware, refer to products that are specifically chosen and given to someone as a gesture of goodwill, celebration, appreciation, or to commemorate a special occasion. Gift items are often selected with the recipient’s preferences, interests, and needs in mind, aiming to convey thoughtfulness and create a positive emotional impact.
Bangladesh imports a variety of gift items to meet the domestic demand for gifting purposes. Some common gift items that are frequently imported by Bangladesh include:
According to the best exhibition organizer in Bangladesh, Eco Expo has said that, some personalized and customized Gift items are:
- Home Decor and Accessories
- Apparel and fashion accessories
- Electronic gadgets
- Perfumes and cosmetics
- Toys and games
- Jewelry and accessories
- Chocolates and confectionery
- Stationery and office supplies
- Watches and clocks
Prior to the COVID-19 pandemic, the global corporate gifting market was estimated to be at $125 billion. In 2019, the corporate gifting market jumped to $217 billion. Currently, the market has risen to be a $242 billion industry, the top event organizer in Bangladesh, Eco Expo said that it is expected to swell above $3 billion within the next two years.
Renowned Exhibition organizer in Bangladesh believes that,the gifts retailing market size is estimated to grow at a CAGR of 3.01% between 2022 and 2027. The size of the market is forecast to increase by USD 13,491.69 million. In 2017 the size of the market was valued at USD 76,251 million. And it is obvious that the market in Bangladesh for gift items are growing as well. This market is approximately 65% dependent on importing from different countries and that is why Bangladesh market is a hot choice for the exporters.
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