Rapidly Growing Corporate Gifting Market Estimated to Reach $312 Billion by 2025 According to a New Study from Coresight Research and GiftNow
A new Coresight Research survey found the shift to remote and hybrid work, year-round recognition of employees, customers, and partners, and support for DEI initiatives have increased corporate gifting frequency. Coresight Research expects the corporate gifting market to grow 6.6% Y-o-Y in 2022, versus 5.2% during the same period a year ago and estimates the market will increase from $258B in 2022 to $312B in 2025, a 6.5% CAGR over three years.