Party supplies refer to the essential items and accessories that are required to organize parties or related events. They include party invitations, balloons, tableware, candles, tents, umbrellas, banners, games, cards, home decor, etc. Party supplies are widely utilized according to the party theme for planning and conducting various events, such as birthdays, farewells, anniversaries, etc. They come in numerous designs, colors, types, styles, etc., and are available via several distribution channels, including online stores, supermarkets, hypermarkets, convenience stores, etc.
Report Metric
Historical: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027
According to the latest report by IMARC Group, titled "Global Party Supplies Market Share, Size, Industry Trends, Growth, Opportunity and Forecast 2022-2027", The global party supplies market reached a value of US$ 12.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 19.8 Billion by 2027 exhibiting a CAGR of 8.10% during 2022-2027.
Party Supplies Market Trends and Drivers:
The escalating demand for event management and wedding planning services is among the key factors driving the party supplies market across the globe. In line with this, the emerging trend of theme parties is further augmenting the market growth.
Moreover, the growing focus on celebrating various special events, such as weddings and engagement ceremonies, in a unique manner, owing to the elevating penetration of the internet and social media, is acting as another significant growth-inducing factor. Apart from this, the easy availability of party supplies through online stores at discounted rates and the expanding e-commerce sector are also positively influencing the global market.
Furthermore, the rising levels of urbanization, the inflating income levels of consumers, and the increasing number of professional event planners are anticipated to propel the party supplies market over the forecasted period.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Party Supplies Market 2022-2027 Analysis and Segmentation:
The report has segmented the market on the basis of region, product type, application and distribution channel.
Breakup by Product Type:
Balloons
Banners
Pinatas
Games
Home Decor
Tableware/Disposables
Others
Breakup by Application:
Commercial Use
Domestic Use
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Convenience Stores
Specialized Stores
Online Stores
Others
Breakup by Region:
North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
American Greetings Corporation
ArtisanoDesigns
Hallmark Cards Inc.
Huhtamäki Oyj
Martha Stewart Living Omnimedia Inc. (Marquee Brands)
MyBirthdaySupplies.in
Oriental Trading Company (Berkshire Hathaway Inc.)
Party City Holdco Inc.
Pioneer Worldwide
Shutterfly LLC
Unique Industries Inc.
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
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