DUBLIN--(BUSINESS WIRE)--The "Party Goods: Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
Global Party Goods Market to Reach $26.4 Billion by 2027
In the changed post COVID-19 business landscape, the global market for Party Goods estimated at US$15.1 Billion in the year 2020, is projected to reach a revised size of US$26.4 Billion by 2027, growing at a CAGR of 8.3% over the analysis period 2020-2027.
Tableware / Disposables, one of the segments analyzed in the report, is projected to record a 10.3% CAGR and reach US$5.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Home Decor segment is readjusted to a revised 8.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $4.1 Billion, While China is Forecast to Grow at 12.9% CAGR
The Party Goods market in the U.S. is estimated at US$4.1 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$6 Billion by the year 2027 trailing a CAGR of 13% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 7.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.2% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.6 Billion by the year 2027.
In the global Balloons segment, USA, Canada, Japan, China and Europe will drive the 7.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.6 Billion in the year 2020 will reach a projected size of US$2.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 8.5% CAGR through the analysis period.
Select Competitors (Total 33 Featured) -
- American Greetings
- Artisano Designs
- Martha Stewart
- Oriental Trading Company
- Party City
- Pioneer Worldwide
- Unique Industries
What's New for 2022?
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Party Goods - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/t1tb1x
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Laura Wood, Senior Press Manager
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