India Gifting Market Statistics 2026

India's gift-giving culture spans festivals, weddings, corporate relationships, and personal milestones. This page compiles key statistics on the size of the India gifting market in 2026, category-wise breakdowns, the rise of online gifting, and corporate gifting trends. Data is sourced from ASSOCHAM, Statista, RedSeer Consulting, and industry reports.

Last updated: June 2026·Sources: ASSOCHAM, Statista, RedSeer, IBEF

India Gifting Market at a Glance (2026)

₹61,000–65,000 Cr
Total market size
ASSOCHAM / Statista
~20% CAGR
4-year market growth rate
RedSeer Consulting
40–45%
Corporate gifting share
ASSOCHAM 2026
30–32%
Online gifting share
Statista India 2026
Diwali: 30–35%
Largest gifting occasion
ASSOCHAM Festival Report
₹2,500–5,000
Avg corporate gift budget/employee
Industry surveys

India Gifting Market Size (2021–2026)

The India gifting market has expanded rapidly, driven by e-commerce adoption, rising disposable incomes, and the formalisation of corporate gifting. The market is on track to cross ₹1,00,000 crore by 2028–2030.

YearMarket Size (₹ Crore)YoY Growth
2021₹28,000 Cr
2022₹35,000 Cr+25%
2023₹43,000 Cr+23%
2024₹52,000 Cr+21%
2025₹57,000 Cr+10%
2026 (est.)₹61,000–65,000 Cr+7–14%

Sources: ASSOCHAM India Gifting Market Reports 2022–2026, Statista India Consumer Markets. Figures are estimates and vary by source methodology.

Top Gifted Product Categories in India (2026)

Traditional sweets and dry fruits remain the most gifted item by volume, but electronics, personalised gifts, and home decor have seen the fastest value growth as incomes rise and gifting becomes more aspirational.

Gift CategoryMarket Share (Value)2024–26 GrowthKey Occasions
Sweets, Dry Fruits & Food Hampers22–25%+8%Diwali, Holi, Eid, Pongal
Electronics & Gadgets18–20%+24%Birthdays, corporate, graduation
Home Decor & Furnishings12–14%+19%Weddings, housewarming
Fashion & Accessories10–12%+15%Birthdays, weddings, Raksha Bandhan
Personalised & Custom Gifts8–10%+34%Birthdays, Valentine's Day, anniversaries
Jewellery8–9%+11%Weddings, Dhanteras, family milestones
Gift Cards & Vouchers6–7%+28%Corporate, birthdays, all occasions
Books, Games & Toys4–5%+12%Children's birthdays, Christmas
Health & Wellness Products3–4%+31%Corporate wellness, all occasions
Other4–6%VariesMiscellaneous

Source: ASSOCHAM Annual Gifting Survey 2026, Statista India Gifting Market Report 2026.

India Gifting Consumer Behaviour (2026)

Diwali accounts for 30–35% of annual gifting spend
The October–November festive window — spanning Navratri, Dussehra, Diwali, Bhai Dooj, and Chhath — is the single largest gifting period in India. Corporate orders for festive hampers begin as early as August.
Weddings drive ₹15,000–18,000 crore in gift spend annually
India hosts approximately 10–12 million weddings per year. Gift spending per wedding ranges from ₹5,000 to ₹5 lakh depending on the social tier, making weddings the second-largest gifting occasion by value.
Online gifting grew from 18% to 30%+ of market share (2022–2026)
Platforms like Amazon, Flipkart, Myntra, and Ferns & Petals have normalised online gifting. Same-day and next-day delivery options have made last-minute gifting feasible in 200+ cities.
Personalised gifts grew at 34% CAGR (2022–2026)
Custom-printed products, engraved jewellery, caricatures, and photo books have become the fastest-growing gifting category. Small D2C brands on Instagram and platforms like Zazzle India drive much of this growth.
Average gifting budget: ₹1,000–3,000 for personal gifts
Consumer surveys suggest the median personal gift budget in urban India is ₹1,000–3,000 for birthdays and ₹2,000–5,000 for weddings. Metro consumers spend 40–60% more than Tier 2 city consumers on average gifts.

Corporate Gifting in India (2026)

MetricValue / FindingSource
Corporate gifting market size₹25,000–28,000 CrASSOCHAM 2026
Share of total gifting market40–45%ASSOCHAM 2026
Avg budget per employee (Diwali)₹2,500–5,000Industry survey
Companies with formal gifting policy~68% of large Indian enterprisesASSOCHAM survey
Top corporate gift: Gift cards/vouchers35% of corporate ordersRedSeer 2026
Growth rate (2024–2026)+18% CAGRASSOCHAM 2026
Top corporate gifting occasionDiwali (65% of annual volume)ASSOCHAM survey

Sources: ASSOCHAM Corporate Gifting Report 2026, RedSeer Consulting India Gifting Market Report 2026.

Frequently Asked Questions

What is the size of the India gifting market in 2026?
The India gifting market is estimated at approximately ₹61,000–65,000 crore (around $7.4–7.9 billion USD) in 2026, growing at a CAGR of roughly 20% over the past four years.
How big is the corporate gifting market in India?
Corporate gifting accounts for approximately 40–45% of the total India gifting market, valued at roughly ₹25,000–28,000 crore. Diwali accounts for 65% of annual corporate gifting volume.
What are the most popular gifting occasions in India?
Diwali is the largest gifting occasion, accounting for 30–35% of annual gifting spend. Other major occasions include weddings, birthdays, Raksha Bandhan, Holi, and New Year.
What percentage of gifting in India happens online?
Online gifting accounted for approximately 28–32% of the total India gifting market in 2026, up from around 18% in 2022, driven by same-day delivery and D2C gifting platforms.
What are the most gifted product categories in India?
Sweets and dry fruits lead by volume. Electronics, personalised gifts, home decor, and gift cards lead by value growth. Personalised gifts have grown the fastest at ~34% CAGR from 2022 to 2026.

Sources & Methodology

Statistics on this page are aggregated from publicly available industry reports and surveys:

  • ASSOCHAM (Associated Chambers of Commerce and Industry of India) — Annual Gifting Market Reports 2024–2026
  • Statista — India Gifting Market Outlook 2026
  • RedSeer Consulting — India Consumer Markets Report 2026
  • India Brand Equity Foundation (IBEF) — Retail and Consumer Goods Industry Report
  • Technopak Advisors — India Gifting Market Size and Forecast 2026

Note: Gifting market size estimates vary significantly across sources depending on whether corporate B2B transactions, wedding gifts, and digital gift cards are included. All figures are approximations and should be verified against original reports before academic or commercial citation.