LATAM Gifts Novelty And Souvenirs Market Size & Outlook, 2025-2033


LATAM Gifts Novelty And Souvenirs Market Insights

  • As highlighted in Deep Market Insights analysis, the LATAM Gifts Novelty And Souvenirs Market, valued at USD 7604.2 Million in 2024, is estimated to achieve USD 13367.38 Million by 2033.
  • The market is estimated to grow at a CAGR of 6.53% spanning 2025 to 2033.
  • By market size, Traditional Gifts led the Product Type category in 2024.
  • The Product Type segment led by Corporate Gifts is estimated to post the fastest growth, sustaining its position as the most lucrative during the forecast timeframe.

Other Key Findings


  • The global Gifts Novelty And Souvenirs Market size saw LATAM holding a share of 7.72% in 2024.
  • United States is forecasted to account for the leading share of the global market by 2033.
  • In LATAM, Brazil is forecasted to be the fastest-expanding market, projected to reach USD 5668.53 Million by 2033.

Report Summary

Report Scope Details
Base Year for Study 2024
Study Period 2021-2033
Historical Period 2021-2023
Forecast Period 2025-2033
Market Size In 2024 USD 7604.2 Million
Market Size In 2033 USD 13367.38 Million
Largest segment Traditional Gifts
Units Revenue in USD Million
CAGR 6.53% (2025-2033)
Segmnetation Covered
LATAM
  1. Brazil
  2. Mexico
  3. Argentina
  4. Colombia
  5. Chile
Product Type
  1. Traditional Gifts
  2. Personalized Gifts
  3. Novelty Items
  4. Corporate Gifts
  5. Seasonal & Festive Gifts
Material Type
  1. Wood-Based
  2. Metal-Based
  3. Textile-Based
  4. Plastic/Resin-Based
  5. Glass/Ceramic
Distribution Channel
  1. Offline Retail (Specialty & Souvenir Shops)
  2. Online Retail (E-Commerce & Marketplaces)
  3. Corporate & B2B Channels
End-Use
  1. Tourism & Hospitality
  2. Corporate Sector
  3. Individual Consumers
  4. Event Management & Celebrations
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

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