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(Transportation-News.com, June 03, 2024 ) As per Maximize Market research, the Party Supplies Market size was valued at USD 14.38 Billion in 2023 and the total Party Supplies revenue is expected to grow at a CAGR of 8.47% from 2024 to 2030, reaching nearly USD 25.41 Billion by 2030.
Party Supplies Market Report Scope and Research Methodology
The report covers a thorough overview of the worldwide Party Supplies Market, outlining its historical performance, present state, and anticipated future developments. It includes competitive landscape assessment, segment analysis, market dynamics, and regional insights.
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Party Supplies Market Dynamics:
The party supplies market is driven by increasing disposable incomes, urbanization, and celebratory trends. It encompasses products like decorations, tableware, costumes, and favors. Key factors influencing market dynamics include product innovation, seasonality, distribution channels, and consumer preferences for themed or eco-friendly options. Major players compete on pricing, product range, and marketing strategies.
Party Supplies Market Regional Analysis:
The North American party supplies market is leading globally, owing to factors such as a robust consumer spending culture, diverse ethnic communities, and a thriving events industry. The region's well-established retail infrastructure, coupled with the presence of major market players like Party City and Oriental Trading Company, contributes significantly to its market dominance.
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Party Supplies Market Segmentation
by Product Type
Balloons
Banners
Pinatas
Games
Home Decor
Others
by Application
Commercial Use
Domestic Use
by Distribution Channel
Supermarket/Hypermarket
Convenience Stores
Specialized Stores
E-commerce
Others
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Party Supplies Market Key Players Includes
Unique Industries, Inc.
American Greetings Corporation
Oriental Trading Company
Martha Stewart Living Omnimedia, Inc.
Hallmark Licensing, LLC.
Huhtamaki, Artisano Designs
Inc
Maximize Market Research is leading Consumer Goods & Services research firm, has also published the following reports:
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Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities and technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics and communications, Internet of Things, Food and Beverages, Aerospace and defense, and other manufacturing sectors.
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Source: EmailWire.Com
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