Party Goods: Global Strategic Business Report

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.

Balloons Segment to Record 7.1% CAGR

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
• Chinet
• Hallmark
• Martha Stewart
• Oriental Trading Company
• Party City
• Pioneer Worldwide
• Shutterfly
• Unique Industries

What's New for 2022?

• Global competitiveness and key competitor percentage market shares
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• Complimentary updates for one year