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Showing posts with the label Greeting Cards

The Global Market for Greeting Cards is Projected to Decline to US$21 Billion by 2024

Greeting Cards Market Declines as Cards with Innovative Designs & Trendy Messages Fail to Meet the Social Media & e-Cards Challenge, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size, and demand forecasts on the global Greeting Cards market. The global market for Greeting Cards is projected to decline to US$21 billion by 2024 , constrained by challenges posed by growing social media proliferation, and surging popularity of digital e-cards. The earlier vibrant greeting cards industry is currently under pressure to sustain in the modern digital technology era. The radical changes in the economy, lifestyle and demographics are resulting in steady decline in demand for greeting cards. Before the onset of the digital communications era, the market for greeting cards flourished, as it was the most effective means of conveying feelings to loved ones. However, the gr...

The Global Market for Greeting Cards is Projected to Decline to US$20 Billion by 2024

Greeting Cards Market Faces Challenging Times Ahead With Technology Changing the Way People Communicate & Express Feelings, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size, and demand forecasts on the global Greeting Cards market. The global market for Greeting Cards is projected to decline to US$20 billion by 2024 , constrained by changing consumer values, ideas, shifting demographics, changing technology, and the challenges posed by growing social media and e-cards proliferation. The global market for greeting cards is characterized by the abstract feelings of showing affection, bonding and love to each other. Sending and receiving greeting cards is a pleasure enjoyed by people worldwide. Cards are designed to suit distinct events such as graduating from a university, joining the armed forces, buying a new car to adopting a child, in fact even the loss of a c...