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Corporate Gifting: A Great Way of Appreciation & Bonding!

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With proliferation of significant trends and evolutions brought about by technology, automation and digitization today, the business and corporate world has grown profoundly.

Through dynamic innovations, India has also placed itself at the helm of promisingly transformations in the world. Specifically, the IT, ITES, e-Commerece, healthcare, and more are the booming fields in the country. And it is this development that has got India ranks 40th among the 132 economies featured in the GII 2023, and 1st among the 10 economies in Central and Southern Asia.

Well, where growing and building on business products, services, and solutions remains the crux of operations and functions amidst various sectors, building a solid brand image and relationship with clients is also important. Corporate Gifting positively serves the purpose as it effectively helps organizations build a solid brand reputation for their business. The corporate gifting proposing to give gifts to the clients and customers generates good feelings amongst all involved and strengthens business bonds, engendering a good image of the brand. As gifts makes provides people immense happiness from within, it emerges as a positive response subsequently attracting more sales from customer word-of-mouth. No doubt, Corporate Gifting is a trending market today. Many studies have even reported it to be influencing employees’ decisions greatly amidst corporates.

The results are crystal clear in a reported study too, which estimated the corporate gifting market to grow from $125.86 billion in 2019 to expectedly reach $242.9 billion by 2024, exhibiting a CAGR of 12.1 percent during the forecast period (2019-2024). Through our current edition, ‘10 Most Promising Corporate Gifting Companies – 2023’, we are striving to cover some of the key players in the Corporate Gifting market.

Do read to know more about them and let us know your feedback!