The Gift Cards Market size was valued at USD 980.52 Billion in 2023 and the total Global Gift Cards revenue is expected to grow at a CAGR of 17.4 % from 2024 to 2030, reaching nearly USD 151.13 Billion by 2030.

Gift Cards Market Report Scope and Research Methodology

The Gift Cards Market report aims to provide a comprehensive analysis of the market's current status, growth potential, and key trends. The scope includes an in-depth examination of various types of gift cards, such as closed-loop and open-loop cards, across multiple sectors like retail, restaurants, and e-commerce. The research methodology involves a mix of primary and secondary research, including interviews with industry experts, surveys, and analysis of financial reports from key market players.

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Gift Cards Market Dynamics

The Gift Cards Market is driven by increasing consumer preference for digital and physical gift cards as versatile and convenient gifting options. Key dynamics include the growing popularity of online and mobile platforms, which enhance the ease of purchasing and redeeming gift cards. Retailers and service providers are leveraging gift cards as a strategy to boost sales, enhance customer loyalty, and gather valuable consumer data. Additionally, innovations such as customizable and experiential gift cards are attracting diverse consumer segments.

Gift Cards Market Regional Insight

The Gift Cards Market exhibits distinct regional characteristics. In North America and Europe, the market is well-established with high adoption rates driven by advanced digital infrastructure and widespread use of both physical and digital gift cards. Asia-Pacific is experiencing rapid growth due to increasing digitalization, a burgeoning middle class, and a growing appetite for flexible payment options. Meanwhile, Latin America and the Middle East & Africa are seeing steady market expansion, supported by improvements in retail infrastructure and rising consumer spending.

Gift Cards Market Segmentation

By Card Type

Closed-loop Card
Open-loop Card

By End User

Retail Establishment
Corporate Institutions

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Gift Cards Market Key Players

North America:

Blackhawk Network Holdings, Inc - Pleasanton, California, USA
InComm - Atlanta, Georgia, USA
National Gift Card Corp. - Crystal Lake, Illinois, USA
SVM Global - Des Plaines, Illinois, USA
Tango Card - Seattle, Washington, USA
Ticket - Mexico City, Mexico
Edenred Mexico - Mexico City, Mexico
Europe:

WeGift - London, United Kingdom
Aspire Global - Sliema, Malta
PFS (Prepaid Financial Services) - London, United Kingdom
Asia-Pacific:

Qwikcilver Solutions Pvt. Ltd. - Bangalore, India
Sodexo Benefits and Rewards Services - Gurgaon, India
Gift Card Spread - Mumbai, India
Smartgift Pty Ltd - Sydney, Australia
Qwikgifts Pty Ltd - Melbourne, Australia

Key Offerings:

Past Market Size and Competitive Landscape
Market Size, Share, Size & Forecast by different segment |
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation – A detailed analysis by Product
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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About Stellar Market Research:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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