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 provides a comprehensive analysis of the global market, focusing on key segments such as type (physical vs. digital), distribution channel, end-user industry, and regional geography. The scope of the report includes detailed assessments of market size, growth forecasts, and an exploration of the competitive landscape, highlighting the strategies of leading market players.

The research methodology for this report combines both primary and secondary research to ensure robust and reliable insights. Primary research involves direct interviews with key stakeholders, including gift card providers, retailers, and industry experts, to gather firsthand information on market trends, challenges, and opportunities. Secondary research encompasses a thorough review of existing literature, market reports, industry publications, and company filings.

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Gift Cards Market Dynamics

The Gift Cards Market is driven by several key factors, including the growing popularity of digital and mobile gift cards, the increasing prevalence of e-commerce, and evolving consumer behavior. The shift towards digitalization has significantly boosted the adoption of e-gift cards, providing consumers with convenient and instant gifting options. Additionally, the rise of online shopping and the integration of gift cards into loyalty programs and promotional strategies are enhancing market growth. Seasonal events and holidays, such as Christmas and Black Friday, also play a crucial role, driving substantial spikes in gift card sales.

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Gift Cards Market Regional Insight

The Gift Cards Market exhibits distinct regional characteristics driven by varying consumer behaviors, economic conditions, and technological advancements. In North America, the market is robust, with the United States and Canada leading due to high consumer adoption of digital and mobile gift cards, strong e-commerce growth, and widespread retailer acceptance. Seasonal holidays and major retail events significantly boost sales in this region, supported by advanced digital payment infrastructure and innovative marketing strategies.

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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