Business cards are essential, especially in the business sector. A business card represents a person's personality as well as his or her firm. A business card holder is a crucial accessory for keeping them secure and tidy. Business cards are the most effective trade instrument for persons who operate in sales.
Business cards are in use for a long time now. It was quite popular back then and remains so now. Those who purchase business cards want to keep them safe and secure. For this reason, a business card holder comes handy.
A business card holder has a locking mechanism, either magnets or latches, which improves the security of the cards stored inside it. Given the function of business card holders and their importance in the modern world, the worldwide business card holders market is likely to increase in the coming years.
The COVID-19 outbreak negatively impacted the market. People and companies are looking for a solution to communicate contact information that is completely touch-free in the aftermath of COVID-19. In this age of social alienation, digital business cards have emerged as a popular option for both individuals and enterprises.
This isn't simply because of COVID-19; before to the pandemic, there was a shift toward remote working, video conferencing, and virtual meetings for economic development, efficiency, and environmental consciousness.
The pandemic has exacerbated a tendency toward online connection, resulting in an increase in virtual investor events and remote working being the norm for the majority of office-based professionals. The business card holder market is predicted to rise with increased commerce and trade throughout the world, as individuals carry business cards to offer to persons they meet on a regular basis in the business sector.
Beyond business, these card holders are much more than just a card safety solution. Business card holders are frequently used as a fashion accessory. Business card holders come in a variety of styles, which boosts customer appeal.
As a result, over the forecast period, this factor is likely to fuel the expansion of the worldwide business card holder market. The exchange of business cards is becoming more popular in numerous sectors as a way to strengthen their corporate profile. It is anticipated to boost market expansion.
Because of the region's historic patterns, North America and Western Europe are likely to have moderate growth in the global business card holder market over the forecast period. Bardes Products, Inc., Tamarack Packaging, Ltd., Heinn Chapman, Domino Plastics MFG, Inc., and Forbes Custom Products are a few of the main competitors in the worldwide business card holder market.
Business cards play an important role, especially in the business world. Business card is a representation of one’s personality and even of his/her company. To keep them safe and clean, business card holder is an important product. For the people who work in a role that involves sales, business card is the best tool for trade. Business cards are often called as visiting cards.
Thus, business card holder is also called as visiting card holder. Business cards have been used from historic times. It was very popular back then and is popular even now. Those who invest in business cards, they want to keep them safe and protected. Business card holder is used for this purpose. Business card holders are made up of various materials such as metals, plastics, leathers and even fibres.
The business card holder comes with locking mechanism, either magnets or latches are used for this purpose which enhances the safety of cards kept inside it. Given the purpose of business card holders and their relevance in the modern world, the outlook for growth of the global business card holders market is expected to remain positive.
Data Points
Key Statistics
Estimated Value of Global Business card holder Market by 2022
US$ 100 Million
Documented Market Value of Business card holder Market in 2032
US$ 150 Million
Estimated CAGR from 2022-2032
4%
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Global business card holder market: Dynamics
Business card holder market is expected to grow with increasing business and trade across the globe, as people are carrying business cards to give it to the people they catch up with daily in business world. If we go beyond business, these card holders are much more than just a safety solution for the cards. The business card holders are very often used as an extension of style. Business card holders are available in a wide array of designs, which increases consumer appeal.
This factor is anticipated to fuel the global business card holder market growth over the forecast period. Materials such as plastic, fibres, leather or metals can be used in production of business card holders. Cost of business card holders varies according to material used and designs. Business card holder can also be used for storing debit cards, credits cards and other important cards. Keeping cards in wallet might damage which creates more demand for safer products such as business card holders.
Therefore, this factor is expected to drive the growth of global business card holder market during the forecast period. Exchange of business cards is a trend in various industries, to build up their company profile stronger. It is expected to fuel the market growth.
With the growing penetration of e-commerce in business world, the use of business cards have been reduced to some extent. All the related information about company or any professional is available online. This factor might hamper the growth of the global business card holder market over the forecast period.
Global business card holder market: Regional Outlook
North America and Western Europe are expected to witness moderate growth in global business card holder market during the forecast period due to the carry forwarding of historic trends in the regions. APEJ region is anticipated to witness positive growth in global business card holder market over the forecast period due to increasing business activities in the region, and sudden increment in number of companies in China and India.
Latin America and Eastern Europe region are expected to witness high growth due to their business custom to present business cards to people they meet. In Japan, it is in their business etiquette to exchange business cards to everyone as it is a kind of formal self-introduction in order to remembering the other person’s name and role for the future correspondence.
On the backdrop of growing business card culture in Japan, it is expected to fuel the business card holder market during the forecast period. MEA is anticipated to witness average growth in global business card holder market during the forecast period.
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Global business card holder market
Key Players
Few of the key players in global business card holder market are - Bardes Products, Inc., Tamarack Packaging, Ltd., Heinn Chapman, Domino Plastics MFG, Inc., and Forbes Custom Products, among others.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
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Regional analysis includes
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Global business card holder market: Segmentation
On the basis of material used, the global business card holder market has been segmented as:
Metal
Plastic
Leather
Fibres
On the basis of locking mechanism used, the global business card holder market has been segmented as:
