Party favors are return gifts presented by hosts to the guests attending functions hosted by them. They are used as warm gestures to convey to guests that they are valued. Party favors are given away during weddings, anniversaries, birthdays, holiday parties, baby showers, bachelors or corporate get-together. Many parents throw kids parties full of fun and activity to mark unique occasions and make their children happy. It is common to give away party favors to the young ones who attend these parties. There are many companies that exclusively manufacture kids party favors.

People organizing celebrations such as birthday or baby shower parties can use different party favors, such as games, hats, pens, pencils, piggy banks, cups, inflatable animals or weapons. Pre-teens and teenagers usually love items such as key chains, music, jewelry and magic trick items. There are kids party favors designed to match specific themes based on favorite animated characters.

Kids, like adults, appreciate it when a personalized party favor is handed out at the end of a party. When a bit of time and thought is put into selecting a party favor, it is always a little more special than the average parting gift. Popular articles used, as party favors are personalized pencils and personalized ribbons. These can be customized with a child's name, age and date of birth. Ribbons can also be tied around the necks of small stuffed animals and given away as party favors.

Most kids enjoy holiday parties with lots of games especially when they return with lovely party favors. There are certain companies that act as a purchasing agent for charities and corporations interested in buying kids party favors. They offer discounted rates on kid's party favors. Many items that are ideal kids party favors are also available at wholesale rates on the Internet. Online gift stores typically offer wholesale prices against bulk orders or during seasonal promotions.