The Party Supplies Market was valued at USD 15.2 Billion in 2024 and is forecasted to reach USD 27.0 Billion by 2033. The market is expected to grow at a CAGR of 6.6% during the forecast period from 2025 to 2033. Growth is propelled by rising social celebrations and events, increased use of online platforms for purchasing, and the growing influence of social media in party planning and decoration trends.
Study Assumption Years
Party Supplies Market Key Takeaways
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Market Growth Factors
The growth of the party supplies market is driven significantly by a surge in social celebrations including birthdays, weddings, baby showers, and festivals. For example, destination weddings grew from 18% in 2022 to 26% in 2024, leading to increased demand for party decorations and thematic accessories. Consumers are increasingly looking for customized, high-quality products, and businesses and event planners seek innovative and visually appealing solutions to meet these demands.
The rise in online purchasing has revolutionized the party supplies sector. The online buying market size is USD 6.8 trillion and expected to reach USD 8 trillion by 2027, with over one-third of the global population shopping online. Online platforms provide consumers with personalized, thematic, and premium options, convenient price comparisons, reviews, and doorstep deliveries. Direct-to-consumer brands and digital marketplaces enhance shopper experience with handpicked collections and automation. The incorporation of same-day and next-day delivery options caters to last-minute customer needs.
Social media's growing influence is a key driver shaping consumer preferences and market trends. US influencer marketing expenditure is poised to reach USD 7.14 billion in 2024, showing a 15.9% annual increase. Platforms like Instagram, Pinterest, and TikTok inspire party themes and decorations, boosting demand for fashionable and themed supplies. Viral marketing, user-generated content, and interactive digital campaigns intensify engagement, emphasizing visually compelling and Instagram-friendly celebrations.
Market Segmentation
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Regional Insights
North America holds the largest share at 30.9% in 2024, supported by the region's high disposable incomes, frequent social parties, and extensive themed party culture. A broad retail network including supermarkets, specialty, and online stores, combined with social media trends and demand for ecofriendly products, fuels this dominance.
Recent Developments & News
Key Players
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