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 Overview

Stellar Market Research, an Gift Cards business research firm has published a report on the “ Gift Cards Market”. . The report provides detailed information about the target market, including future revenue projections, demands, key drivers, restraints, opportunities, and threats regional analysis. The research provides in depth analysis of business strategic approaches used by leading organizations which includes partnerships, mergers, acquisitions, and collaborative initiatives. For the competitive analysis of the Gift Cards Market, a competitive matrix is made covering market leaders and new entrants.

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Gift Cards Market Report Scope and Research Methodology

The reports forecast future trends and opportunities using statistical models, considering advancements in technology and regulatory influences. This approach aims to provide a comprehensive dynamics and growth prospects. This analysis takes into account factors such as regulatory frameworks, government initiatives, and market maturity in different geographical regions.

Factors driving market growth, challenges, and opportunities, such as cost reductions, government incentives, environmental concerns, and technological advancements, are analysed. Additionally, the report examines the competitive landscape, investment trends, and regulatory frameworks impacting the industry.

Gift Cards Market Regional Insights

The report includes a thorough analysis of all the factors, market size, growth rate, and import and export in regions. The Regional Analysis used in the report to understand the Gift Cards market status in various countries.  The Gift Cards market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

Gift Cards Market Segmentation

Based on Card Type, the market is segmented into Closed-loop Card, and Open-loop Card. Closed-loop Card segment dominated the market in 2023 and is expected to hold the largest Gift Cards Market share over the forecast period. In the gift cards market, closed-loop cards represent a segment characterized by cards that are issued by a specific retailer, restaurant, or business and are used for purchases within that particular establishment or its affiliated locations.

Closed-loop gift cards function similarly to prepaid cards, where the cardholder loads a specific amount of money onto the card, and this balance is spent on purchases at the issuing retailer or affiliated businesses. These cards are commonly used as gifts, incentives, rewards, or promotional tools by businesses to encourage customer loyalty, drive sales, and attract new customers.

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 questions answered in the Gift Cards Market are:

• What is Gift Cards?
• What was the Gift Cards market size in 2023?
• What is the growth rate of the Gift Cards Market?
• Which are the factors expected to drive the Gift Cards market growth?
• What are the different segments of the Gift Cards Market?
• What growth strategies are the players considering to increase their presence in Gift Cards?
• What are the upcoming industry applications and trends for the Gift Cards Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Gift Cards Market?
• What segments are covered in the Gift Cards Market?
• Who are the leading companies and what are their portfolios in Gift Cards Market?
• What segments are covered in the Gift Cards Market?
• Who are the key players in the Gift Cards market?

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by Different Segment | 2024-2030
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region
• 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 medical devices, pharmaceutical manufacturers, 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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