The global business gift set market presents a fascinating and critical paradox for Southeast Asian (SEA) exporters in 2026. On one hand, Alibaba.com platform data shows that the total trade amount for this category peaked at $377 million in 2024 but then contracted by a significant -12.85% in 2025. This decline might suggest a dying market. However, a deeper dive into buyer behavior reveals a completely different story. The number of active buyers (abCnt) on the platform exploded from a mere 3 in April 2025 to over 600 by October, stabilizing at a high level into early 2026. This indicates that while the overall transaction value is down, the pool of potential customers is larger than ever before.
This contradiction is the central puzzle of the current market. It points to a fundamental shift in the competitive landscape. The average number of inquiries per product (AB rate) has stabilized at around 6%, but the supply-demand ratio has skyrocketed to over 100. This means that for every single buyer, there are more than one hundred sellers vying for their attention. The market is not shrinking; it is becoming hyper-competitive, with an oversupply of generic, low-differentiation products that are driving prices down and eroding profit margins for everyone involved. The challenge for SEA exporters is not to find buyers, but to stand out in a sea of sameness.

