Company: GINT
Filing Date: 2025-07-18
Form Type: F-1/A
Source: 0001213900-25-065552
Chunk: 129

Company: Gifts International Holdings Ltd
Filing Date: 2025-07-18
Form: F-1/A
Chunk 129
---
 compare prices, and make informed decisions from the comfort of their homes. E -commerceplatforms offer a seamless shopping experience, allowing individuals to browse through diverse product categories, find unique and niche items, and even customize gifts based on personal preferences. Furthermore, the rise of digital platforms has facilitated connectivity providing businesses with opportunities to showcase their offerings to a broader audience and capitalize on the convenience and efficiency of online transactions. Market Size According to Migo, the consumable corporate gifting market in Hong Kong was generally affected by the COVID -19pandemic from HK$775 million in 2019 to HK$480 million in 2020, respectively, with a decrease of about 38% year -on -year. However, in 2021, the market reached HK$749 million an increase of 56%, compared to 2020. Compared with the HK$1,089 million in 2018, it has almost entirely recovered. In 2023, the client spending on consumable corporate gifting services amounted to HK$1,058 million, respectively, with a CAGR of about 8.1% since 2019. The following chart shows the amount of clients spending on consumable corporate gifting services market in Hong Kong from 2018 to 2023.

74 ____________ Source:Migo Competitive Landscape of the Consumable Corporate Gifting Industry By focusing on continuous product innovation, expanding luxury offerings, leveraging online channels, and targeting specific demographics, the Group can drive growth and meet the evolving demands of consumers who seek delivers beautiful fresh flowers, cherry -pickseasonal fruits, fine wine and premium candy to their valued ones. A lucrative market opportunity within the corporate gift sector lies in the integration of technology to enhance personalization and utility. As businesses strive to differentiate their gifts and leave a lasting impression, incorporating innovative technologies. The integration of Al and machine learning for personalized gifting recommendations, as well as improved logistics and tracking capabilities, will further shape the industry. This not only aligns with the modern, tech -drivenbusiness environment but also provides the Group with a distinct competitive advantage in the corporate gifting landscape. The Group will continue to innovate in product offerings, exploring new flavors, healthier options, and unique combinations to stand out in the crowded market. According to the Migo research, most of the consumable corporate gift service providers, including the top five brands in Hong Kong are chain centers that are currently denominated by local brands. Premium brands, including our brand ‘‘GiveGiftBoutique