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Personalized Gifts Market in UK to Grow by USD 1.25 Billion (2025-2029), with the advent of gift-giving culture and increasing demand for seasonal decorations driving market growth, AI Transforming Market – Technavio

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NEW YORK, Feb. 2, 2025 /PRNewswire/ — Report with the AI impact on market trends – The Personalized gifts market in UK size is estimated to grow by USD 1.25 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  11%  during the forecast period. Advent of gift-giving culture and increasing demand for seasonal decorations is driving market growth, with a trend towards rise in demand for eco-friendly personalized gifts. However, growing competition from homemade and diy gifts  poses a challenge. Key market players include Contrado Imaging Ltd., Create Gift Love, Etsy Inc., Forever Bespoke, funkypigeon.com Ltd., Getting Personal Ltd., Gift Inspiration Ltd., Hallmark Card Inc., Henagon Ltd., Infinity Reliance Ltd., Moonpig.com Ltd., Name It Labels, Not Another Bill, Notonthehighstreet Enterprises Ltd., Papier Ltd., Photobox Ltd., Scribbler Ltd., Sixty Stores Ltd., The Present Finder, and Zazzle Inc..

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Personalized Gifts Market In UK Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2022

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 11%

Market growth 2025-2029

USD 1256.4 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

9.6

Regional analysis

UK

Performing market contribution

Europe at 100%

Key countries

UK and Europe

Key companies profiled

Contrado Imaging Ltd., Create Gift Love, Etsy Inc., Forever Bespoke, funkypigeon.com Ltd., Getting Personal Ltd., Gift Inspiration Ltd., Hallmark Card Inc., Henagon Ltd., Infinity Reliance Ltd., Moonpig.com Ltd., Name It Labels, Not Another Bill, Notonthehighstreet Enterprises Ltd., Papier Ltd., Photobox Ltd., Scribbler Ltd., Sixty Stores Ltd., The Present Finder, and Zazzle Inc.

Market Driver

The Personalized Gifts market in the UK is thriving, driven by the rising smartphone usage and rapid digitization. Personalized gift companies are capitalizing on this trend by offering photo personalized gifts, such as custom mugs, calendars, and photo albums. Advancements in technology have made it easier for consumers to create and order personalized gifts online, with seamless printing services and design tools available on various online platforms. Individual preferences play a significant role in the market, with a large product variety catering to women, men, kids, and unisex items. Personalized jewelry, home decor, watches, and fashion accessories continue to be popular choices. The market also includes traditional retailers, specialty stores, and niche boutiques, offering tactile experiences and immediate gratification. The environmental impact of personalized gifts is a growing concern, with many companies focusing on eco-friendly materials and production methods. Contracts with independent artisans and smaller businesses are also on the rise, bringing innovative designs and personalized experiences to consumers. The market is expected to grow further, driven by consumer spending, urbanization, and disposable incomes. Experiential gifting and social media influencers are also influencing trends, with large online marketplaces and e-commerce infrastructure playing a crucial role in distribution channels. Overall, personalized gifts offer a versatile and timeless appeal, making them a popular choice for birthdays, weddings, corporate events, holidays, and other special occasions. 

The personalized gifts market in the UK is experiencing a notable trend towards eco-friendly options. With increasing environmental consciousness among consumers, there is a rising demand for sustainable personalized gifts. Companies are responding by producing more eco-friendly items, such as those made from recycled materials like glass and bamboo. For instance, BambuuBrush offers customized bamboo toothbrushes and straws, personalized with the recipient’s name or message. This shift towards sustainability is a significant development in the personalized gifts sector. 

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 Market Challenges

The Personalized Gifts market in the UK is experiencing significant growth due to rising smartphone usage and rapid digitization. Loved ones and friends are turning to personalized gift companies to create unique presents with photographs, engraving, embroidery, printing, etching, and embossing on various items like clothing, bags, engraved jewelry, bracelets, pendants, custom printed mugs, personalized stationery, and more. The versatility and timeless appeal of personalized gifts make them ideal for various occasions such as birthdays, weddings, corporate events, holidays, and photo personalized gifts. Advancements in technology and online platforms offer seamless printing services and design tools, enabling easy customization. Social media and digital photography have increased the sentimental value of photo gifts, evoking nostalgia and connection. However, challenges include environmental impact, online presence, contracts with suppliers, and the need for additional stores for tactile experiences and immediate gratification. Large product variety, convenience, and direct engagement through e-commerce infrastructure are driving consumer spending. The market caters to individual preferences for women, men, unisex, kids, and niche offerings, addressing emotional significance and attachment. The market includes traditional retailers, specialty stores, niche boutiques, and large online marketplaces, emphasizing craftsmanship, quality, exclusivity, and innovative designs. Smaller businesses and independent artisans also contribute to the market with personalized experiences and niche offerings.Individuals in the UK have the opportunity to create unique, cost-effective personalized gifts through do-it-yourself (DIY) projects. By utilizing their creativity and resources, they can personalize gifts to make them more appealing and impressive to recipients. Social media platforms, such as YouTube tutorials and Facebook DIY pages, offer a wealth of ideas for DIY personalized gifts. This trend can potentially impact sales of branded personalized gifts, as individuals save both the cost of purchasing gifts and the additional expenses for personalization.

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Segment Overview 

This personalized gifts market in UK report extensively covers market segmentation by  

Distribution ChannelOnlineOfflineProductNon-photo Personalized GiftsPhoto Personalized GiftsGeographyEuropeEnd-UserMenWomenUnisexKids

1.1 Online-  The personalized gifts market in the UK is thriving, with the online segment experiencing significant growth. Notable players in this sector include Not on the High Street and Zazzle. Not on the High Street, a UK-based company, offers unique, customized gifts, such as wedding favors and baby shower presents, which are not found on the high street. Zazzle, another successful online business, allows customers to design their own products with personal messages or images. The trend towards personalized gifts is being fueled by social media platforms like Pinterest and Instagram, enabling consumers to discover and share unique gift ideas. Advanced printing technologies have also facilitated the production of high-quality, personalized items quickly and affordably, expanding the range of offerings and reaching a larger customer base. These factors are expected to boost the adoption of online distribution channels and fuel the growth of the UK’s personalized gifts market.

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Research Analysis

The Personalized Gifts market in the UK is thriving as people look for unique ways to express their love and appreciation for their loved ones and friends. With the rising smartphone usage and rapid digitization, personalized gift companies are leveraging technology to offer customized gifts online. Photographs, engraving, embroidery, printing, etching, embossing, and other techniques are used to create personalized items such as clothing, bags, engraved jewelry, bracelets, pendants, custom printed mugs, and personalized stationery. The environmental impact of these gifts is a growing concern, with many companies offering eco-friendly options. Personalized gifts provide a tangible connection in an increasingly digital world, making them a popular choice for special occasions and everyday expressions of affection. Additional stores and contracts are being signed as the demand for personalized gifts continues to grow.

Market Research Overview

The Personalized Gifts market in the UK is thriving as people look for unique ways to express their love and connection with their loved ones and friends. With the rising smartphone usage and rapid digitization, personalized gift companies are leveraging advancements in technology to offer photo personalized gifts, custom printed mugs, personalized stationery, and more. These gifts, which include engraving, embroidery, printing, etching, embossing, clothing, bags, and jewelry, among others, offer a versatile and timeless appeal. Birthdays, weddings, corporate events, holidays, and other special occasions are popular occasions for personalized gifts. Advancements in technology have made it easier to create and order these gifts online, with seamless printing services and design tools available on various online platforms. Social media and digital photography have also played a significant role in the market’s growth, allowing for easy sharing and customization of sentimental photo gifts. The market offers a large product variety, catering to individual preferences for women, men, kids, and unisex items. The emotional significance and attachment to personalized jewelry, home decor, watches, fashion, and other gifts make them a popular choice for consumers, particularly in urban areas where disposable incomes are higher. The market also includes traditional retailers, specialty stores, niche boutiques, and large online marketplaces, offering both online and offline distribution channels. The convenience of e-commerce infrastructure and easy customization services have made personalized gifts an increasingly popular choice for consumers seeking individuality and experiential gifting. Social media influencers and smaller businesses, including independent artisans, also contribute to the market’s growth with innovative designs and personalized experiences. The market’s inclusivity and gender neutral offerings cater to diverse consumer preferences and gender identities, making personalized gifts a must-have for any occasion.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

Distribution ChannelOnlineOfflineProductNon-photo Personalized GiftsPhoto Personalized GiftsGeographyEuropeEnd-UserMenWomenUnisexKids

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Bloomberg Introduces Spread-to-Benchmark Quoting for EUR and GBP Portfolio Trading Baskets

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LONDON, June 2, 2026 /PRNewswire/ — Bloomberg today announced the launch of Spread-to-Benchmark quoting and trading for Euro (EUR) and Sterling (GBP) denominated portfolio trades through its Portfolio Trading Basket Builder (PTBB). The new functionality expands the range of quoting protocols available for European credit portfolio trading and reflects growing client demand for spread-based execution workflows, alongside increased dealer support for the convention across EUR and GBP markets.

Spread-to-Benchmark quoting is a well-established protocol for USD credit portfolio trades and is used by market participants to evaluate and execute portfolio trades. By extending this workflow to EUR and GBP portfolio trades, Bloomberg enables clients and dealers to transact using a familiar spread-based methodology across additional credit markets. 

The introduction of Spread-to-Benchmark quoting for EUR and GBP baskets reflects increased client interest in evaluating portfolio trades through a spread-based lens and the growing adoption of spread-based execution workflows in European credit markets. The workflow provides market participants with an additional framework for assessing the relationship between credit spread risk and underlying government bond yields when pricing and executing portfolio trades. 

Additional Workflow Flexibility 
The workflow complements Bloomberg’s existing portfolio trading capabilities, which support the full range of market-standard quoting conventions, including Price, Yield, Spread-to-Benchmark and Spread based workflows that reference Bloomberg’s evaluated pricing service (BVAL). This gives clients flexibility to compare and execute portfolio trades using the quoting methodology that best aligns with their investment objectives, execution preferences and internal risk management processes. 

“European credit clients continue to look for execution workflows that reflect how they evaluate risk and monitor portfolio trading outcomes,” said Harry Street, Global Head of Credit and Equities Trading Product at Bloomberg. “By expanding dealer support for Spread-to-Benchmark quoting for EUR and GBP baskets, Bloomberg is broadening the range of workflow options available to clients trading European credit portfolios.” 

“Portfolio trading workflows in fixed income continue to become more sophisticated as institutional investors look for ways to evaluate execution quality in changing market conditions,” said Kevin McPartland, Head of Market Structure & Technology Research at Crisil Coalition Greenwich. “Spread-based quoting helps market participants more clearly distinguish between the impacts of credit spread and underlying rates movements when determining how best to execute a portfolio trade.” 

Bloomberg’s Electronic Markets solutions are used by leading financial institutions to trade efficiently in over 175 markets around the world. More than 9,000 client firms use Bloomberg Electronic Markets to access industry-leading depth and breadth of liquidity across asset classes from over 800 dealers globally. Bloomberg Electronic Markets provides market participants with comprehensive solutions across the trading lifecycle, including robust price transparency, analytics, automation and execution, powered by Bloomberg’s high-quality, multi-asset class data and tools.

About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo.

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SOURCE Bloomberg L.P.

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Dr. Sunho Kang, a senior battery-technology executive with leadership experience at major global battery and EV manufacturers, joins TeraWatt Technology as Head of Product and Technology

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SAN FRANCISCO, June 2, 2026 /PRNewswire/ — TeraWatt Technology Inc. (Headquartered in California, USA) is pleased to announce that Dr. Sunho Kang has joined the company as Head of Product and Technology.

Dr. Kang is a globally recognized battery-technology executive with more than 25 years of leadership experience spanning the United States, Asia, and Europe, and a distinguished track record of advancing innovations from laboratory research through gigafactory-scale production. He has held senior executive positions at world-leading organizations including Samsung SDI, Apple, and Volkswagen Group of America, and brings deep expertise in lithium-ion battery materials, cell engineering, and product industrialization across a broad range of applications, including electric vehicles and energy storage systems.

At TeraWatt, Dr. Kang will lead global product development and the commercialization of TeraWatt’s battery technology platform, aiming to accelerate the delivery of TeraWatt’s competitive products as well as the technology and commercialization roadmap including manufacturing scale-up.

Dr. Kang commented:

“I am thrilled to join TeraWatt Technology as Head of Product and Technology. TeraWatt’s innovative battery platform presents a tremendous opportunity to push the boundaries of lithium-ion technology, and I look forward to working with the team to accelerate product development and commercialization to deliver meaningful impact.”

TeraWatt Technology founder CEO Ken Ogata, Ph.D. commented:

“We are thrilled to welcome Dr. Kang as our Head of Product and Technology. His deep expertise in battery materials, cell engineering, and productization will be instrumental in accelerating TeraWatt’s product roadmap and technology leadership. Together with Dr. Kang, we will continue to drive our mission forward.”

About TeraWatt Technology Inc.
TeraWatt Technology Inc. is a California-based company that produces lightweight, high-power, and safe next-generation lithium-ion batteries.

Company Overview
Name: TeraWatt Technology Inc.
Representative: Co-founder and CEO Ken Ogata
Headquarters: 28 Geary St, Suite 650, San Francisco, CA 94108, United States
Founded: January 2020
Established: December 2019
URL: https://www.terawatt-technology.com/

 

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SOURCE TeraWatt Technology Inc.

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Tencent Cloud and Soniox Announce Strategic Partnership: Combining Advanced Speech-to-Text (STT) Technology with Global Real-Time Infrastructure

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HONG KONG, June 2, 2026 /PRNewswire/ — Tencent Cloud, the cloud business of global technology company Tencent, today announced a strategic partnership with Soniox, a San Francisco-based speech AI company that specializes in developing high-accuracy, low-latency speech AI solutions. The collaboration integrates Soniox’s speech-to-text (STT) technology with Tencent Cloud’s Real-Time Communication (TRTC) enterprise-grade global infrastructure, enabling enterprises to build and deploy multilingual voice AI applications across 200+ countries and regions.

Elevating Enterprise Voice AI at a Global Scale

In enterprise voice AI deployments, latency directly affects user experience and application reliability. The integration of Soniox’s high-accuracy, low-latency STT with TRTC’s global transmission infrastructure reduces latency across the entire pipeline, creating a comprehensive end-to-end solution for enterprises deploying conversational AI applications worldwide.    

Soniox is the voice platform for every language. Unlike legacy speech AI, which was built primarily for English-speakers, Soniox delivers native-speaker accuracy across 60+ languages. Its technology can handle mid-sentence language switching — a user can switch between English and Chinese in a single utterance, and Soniox will capture every word with complete accuracy. All of this works through a single API that works for both speech-to-text and text-to-speech.

By integrating TRTC, the partnership leverages an enterprise-grade real-time communication backbone featuring more than 3,200 global nodes, sub-300 ms worldwide latency, and advanced capabilities such as AI noise suppression and weak-network resilience. These capabilities enable conversational AI applications to operate reliably across diverse network environments, including regions such as Southeast Asia and Africa.

With the roll out of this partnership, developers can integrate the Soniox STT API directly within the Tencent Cloud console. Whether targeting English-speaking markets or supporting languages such as Arabic, Hindi, and Malay, enterprises can build global voice applications — including intelligent customer service, voice assistants, real-time translation, and meeting transcription — to address the demands of expansion into emerging markets and multilingual scenarios.

Wison Xie, Head of Product at Tencent RTC, stated: “Tencent RTC has always been committed to providing reliable real-time communication infrastructure for global enterprises. Our partnership with Soniox brings together our strengths in enterprise-grade audio transmission and Soniox’s advanced speech recognition technology. Together, we are making it easier for businesses to deploy accurate, low-latency voice AI applications across any language and any market.”

Klemen Simonic, CEO at Soniox Inc., stated “At Soniox, our mission is to help businesses understand every word, in any language, with native speaker accuracy and exceptional speed. Partnering with Tencent Cloud combines our speech AI with world-class real-time infrastructure, enabling enterprises to build voice AI experiences that scale globally with low latency and reliability.”

About Tencent Cloud:

Tencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT, and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel, and transportation.

About Tencent RTC:

Tencent RTC provides real-time communication solutions, including audio/video calling, live streaming, and in-game voice. With enterprise-grade security, AI-powered enhancements, and a global network of over 3,200 nodes, Tencent RTC powers mission-critical communication for customers worldwide.

About Soniox:

Soniox is a next-generation voice AI company bringing about the end of English-first speech AI. Most people on the planet did not grow up speaking English and often mix languages mid-sentence; and yet legacy speech AI was built for just English. Soniox is different: native-speaker accuracy across 60+ languages, true mid-sentence language switching, and flawless alphanumeric recognition that legacy providers still can’t match. For developers building global apps, Soniox is the only option. Try it for yourself at soniox.com.

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SOURCE Tencent Cloud

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