Just a note: External competition will intensify as consumers shift to online shopping, boosting industry revenue
The Gift Shops and Card Stores industry in Canada comprises retailers selling gifts, gift wraps, novelty merchandise, souvenirs, greeting cards, party supplies and seasonal decorations. The industry is highly fragmented and excludes retailers primarily operating as used merchandise stores, electronic shopping and mail-order houses or discount retail stores. Over the past five years, industry revenue has risen. Besides the declining popularity of retail shops, stagnating economic performance due to COVID-19 and the decrease in inbound international travel hindered industry revenue growth in 2020.
The Gift Shops and Card Stores industry in Canada retails a range of gifts, gift wrap, novelty merchandise, souvenirs, greeting cards, party supplies and seasonal and holiday decorations. This industry excludes retailers that operate primarily as used merchandise stores, electronic shopping and mail-order houses or discount retail stores.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Canadian Tire Corporation Limited
Methodology
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