India Gifting Market Size, Share, Trends, Forecast, 2033

India Gifting Market Size, Share, Trends and Forecast by Purpose, Type, Sales Channel, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A29728

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India Gifting Market Overview:

The India gifting market size reached USD 0.79 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 1.05 Billion by 2033, exhibiting a growth rate (CAGR) of 3.20% during 2025-2033. The market is expanding due to rising disposable incomes, digital transformation, and increasing demand for personalized and corporate gifting solutions. E-commerce and digital gifting options, such as e-gift cards and virtual experiences, are also contributing positively to the market growth across the country.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 0.79 Billion
Market Forecast in 2033	USD 1.05 Billion
Market Growth Rate (2025-2033)	3.20%

India Gifting Market Trends:

Growth of Digital Gifting

The digital gifting trend in India is expanding rapidly driven by increasing internet penetration, mobile payment adoption and the convenience of instant gifting solutions. E-gift cards are becoming a preferred choice among consumers and corporates offering flexibility across major retail brands, online platforms and entertainment services. Virtual experiences including online workshops, personalized video messages and digital memberships are also gaining traction as people seek innovative gifting options. Digital wallets and UPI-integrated gifting solutions are further fueling this trend allowing seamless transactions and instant transfers boosting India gifting market share. Leading companies are introducing innovative digital gifting solutions to enhance user convenience and engagement. For instance, in August 2024, Aditya Birla Capital Digital launched three new products on its ABCD platform: DigiGold Gifting for seamless digital gold gifting, Family Health Scan offering free selfie-based health assessments for family members and SIMPLiNVEST a systematic investment solution across various asset classes. As businesses embrace digital transformation, companies are offering AI-driven personalized gift recommendations, subscription-based gifting, and blockchain-secured digital assets as gifts. The growing adoption of NFTs and virtual collectibles is further enhancing market potential. With rising disposable incomes and a tech-savvy consumer base, digital gifting is set to drive India gifting market growth, creating significant growth opportunities.

India Gifting Market Size

Rise of Personalized Gifting

The demand for personalized gifting in India is rising as consumers seek unique and meaningful ways to express emotions. Customization options such as engraved jewelry, monogrammed accessories, and photo-printed items are gaining popularity across various occasions, including birthdays, weddings, and corporate events. AI-driven gift recommendation platforms are enhancing the personalization experience by analyzing preferences, past purchases, and recipient interests to suggest the most suitable gifts. Personalized hampers featuring curated selections of gourmet treats, skincare, and lifestyle products are also in high demand. For instance, in October 2024, Bakingo launched premium Diwali hampers blending traditional flavors with modern elegance. The new "Make Your Own Hamper" feature allows customers to personalize their gifts enhancing the festive experience. Bakingo aims to spark joy this Diwali with their unique offerings. The rise of digital printing and laser engraving technology has further expanded customization possibilities. E-commerce platforms and D2C brands are playing a key role in driving this trend, offering extensive personalization options with seamless online ordering and delivery services. As gifting becomes more experience-driven, businesses are innovating to offer tailored solutions that enhance customer satisfaction and engagement, shaping the India gifting market outlook.

India Gifting Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional level for 2025-2033. Our report has categorized the market based on purpose, type and sales channel.

Purpose Insights:

Corporate Gifting
Personal Gifting

The report has provided a detailed breakup and analysis of the market based on the purpose. This includes corporate gifting and personal gifting.

Type Insights:

Souvenirs
Personal Accessories
Decorative Items
Greeting Cards
E-Gift Vouchers
Others

A detailed breakup and analysis of the market based on the type have also been provided in the report. This includes souvenirs, personal accessories, decorative items, greeting cards, e-gift vouchers and others.

Sales Channel Insights:

Local Shops
Exclusive Outlets
Multi-Branded Shops
Online
Others

A detailed breakup and analysis of the market based on the sales channel have also been provided in the report. This includes local shops, exclusive outlets, multi-branded shops, online and others.

Regional Insights:

North India
South India
East India
West India

The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India and West India.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

India Gifting Market News:

In August 2024, FlowerAura launched an exclusive Rakhi collection featuring celebrity endorsements from Gurmeet Choudhary, Ashnoor Kaur, Ashi Khanna, and Ruhaanika Dhawann. This collaboration emphasizes authenticity in e-commerce, with celebrities influencing product selection.
In February 2024, IGP.com launched a 30-minute instant delivery service in India, enhancing gifting experiences. Customers can choose from over 250 products available in more than 2000 pin codes. The company emphasizes the service's role in creating joyful moments. IGP is also expanding globally, recently entering the UAE market.

India Gifting Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Purpose Type Sales Channel Region
Purposes Covered	Corporate Gifting, Personal Gifting
Types Covered	Souvenirs, Personal Accessories, Decorative Items, Greeting Cards, E-Gift Vouchers, Others
Sales Channels Covered	Local Shops, Exclusive Outlets, Multi-Branded Shops, Online, Others
Regions Covered	North India, South India, East India, West India
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the India gifting market performed so far and how will it perform in the coming years?
What is the breakup of the India gifting market on the basis of purpose?
What is the breakup of the India gifting market on the basis of type?
What is the breakup of the India gifting market on the basis of sales channel?
What is the breakup of the India gifting market on the basis of region?
What are the various stages in the value chain of the India gifting market?
What are the key driving factors and challenges in the India gifting market?
What is the structure of the India gifting market and who are the key players?
What is the degree of competition in the India gifting market?

Key Benefits for Stakeholders:

IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India gifting market from 2019-2033.
The research report provides the latest information on the market drivers, challenges, and opportunities in the India gifting market.
Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India gifting industry and its attractiveness.
Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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