According to the latest report from Future Market Insights, Inc., the global business card holder market is expected to reach a valuation of USD 150 million by 2032, growing at a compound annual growth rate (CAGR) of 4%. The projected growth highlights the ongoing demand for business card holders as essential accessories in a digitalizing world where traditional networking tools continue to hold significance.
In the professional realm, business cards are more than just a means of sharing contact information; they are a direct reflection of one’s brand and company. Business card holders play a vital role in safeguarding these cards, keeping them organized and presentable.
For professionals, especially those in sales, business cards remain a key networking tool. Demand for reliable business card holders with features like magnetic or latch-based locking mechanisms is strong, as these accessories ensure cards are protected and readily accessible.
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Despite their sustained importance, the market saw challenges during the COVID-19 pandemic, as professionals and companies leaned towards touch-free solutions. The rise of digital business cards met the demand for contactless information sharing, particularly as social distancing norms encouraged minimal physical exchange.
As traditional and digital tools continue to coexist in the professional world, the global market for business card holders is projected to grow steadily. Future Market Insights’ report suggests that this growth will be fueled by the ongoing importance of personal branding and the demand for organized, secure, and professional accessories for physical business cards.
Prominent Drivers of the Business Card Holder Market
- Growing Professional Networking: The demand for business card holders is bolstered by the increasing importance of networking in both corporate and entrepreneurial environments, as they offer a convenient way to organize and present contact information.
- Rising Demand for Corporate Gifting: Business card holders are popular as professional gifts, especially for corporate events and trade shows, driving demand in sectors that emphasize personal branding and professional image.
- Customization and Personalization Trends: The trend towards personalized accessories, including engraved or branded card holders, appeals to professionals looking for unique and functional items, driving market growth.
- Expansion of Small and Medium-Sized Enterprises (SMEs): With the global rise in SMEs, especially in emerging markets, there’s a growing need for professional accessories like business card holders to enhance brand image.
- Shift to Premium and Eco-Friendly Materials: Consumers are showing preference for high-quality, durable materials, such as leather and eco-friendly options, prompting manufacturers to offer sustainable, stylish alternatives to traditional card holders.
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.
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:
- Clasps
- Magnets
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)
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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