Gift Card Market Size and Growth Analysis by 2025
Global gift card market is anticipated to witness an exponential growth in the forecast period. A gift card, also termed as “Gift Certificate”, or “Gift voucher”, is a prepaid stored-value money card typically issued by a bank or retailer to be used as a substitute to cash for purchases within a specific store or related businesses.
Global gift card market is anticipated to witness an exponential growth in the forecast period. A gift card, also termed as “Gift Certificate”, or “Gift voucher”, is a prepaid stored-value money card typically issued by a bank or retailer to be used as a substitute to cash for purchases within a specific store or related businesses.
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<strong>Gift</strong> <strong>Card</strong> <strong>Market</strong> <strong>Size</strong> (Volume <strong>and</strong> Value) <strong>and</strong> <strong>Growth</strong><br />
Rate <strong>Analysis</strong> <strong>by</strong> <strong>2025</strong><br />
“Global gift card market is anticipated to witness an<br />
exponential growth in the forecast period. A gift card, also<br />
termed as “<strong>Gift</strong> Certificate”, or “<strong>Gift</strong> voucher”, is a<br />
prepaid stored-value money card typically issued <strong>by</strong> a<br />
bank or retailer to be used as a substitute to cash for<br />
purchases within a specific store or related businesses.”<br />
Global gift card market is anticipated to witness an exponential growth in the forecast period. A gift card, also termed<br />
as “<strong>Gift</strong> Certificate”, or “<strong>Gift</strong> voucher”, is a prepaid stored-value money card typically issued <strong>by</strong> a bank or retailer to be<br />
used as a substitute to cash for purchases within a specific store or related businesses.<br />
The factors that propel the growth of the market include rising dem<strong>and</strong> for gift cards among businesses <strong>and</strong> corporates,<br />
extensive acceptance of gift cards among consumers, soaring acceptance of gift cards as corporate incentives,<br />
widespread desirability of gift card programs among businesses, <strong>and</strong> improving br<strong>and</strong> consciousness <strong>and</strong> attracting<br />
new clients. <strong>Gift</strong> card market is anticipated to exp<strong>and</strong> at a significant CAGR of 14.8% in the upcoming period as the<br />
scope, product types, <strong>and</strong> its applications are increasing across the globe.<br />
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The key applications that could be explored in the market include Coffee Shop, Department Store, Restaurant,<br />
Entertainment (Music, <strong>and</strong> Movie) <strong>and</strong> other. The market could be explored based on industry vertical as Corporate<br />
<strong>and</strong> Retail Institutions. The “Corporate” segment led the market in 2016 <strong>and</strong> will continue to lead in the forecast<br />
period.<br />
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The market could be explored based on sale channel as online retail stores, bricks <strong>and</strong> fintech companies, mortar<br />
stores, <strong>and</strong> other channels. The “Retail store <strong>and</strong> Online store” segment led the market in 2015 <strong>and</strong> will continue to<br />
lead in the forecast period. The key factors that may be attributed to the growth of the market includes growing<br />
inclination of customers towards online retail stores to simply relate numerous rewards <strong>and</strong> offers related with gift<br />
cards <strong>and</strong> make purchase choice in less time.<br />
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<strong>Market</strong> Segment:<br />
The various contributors involved in the value chain of <strong>Gift</strong> <strong>Card</strong> include manufacturers, suppliers, distributors,<br />
intermediaries, <strong>and</strong> customers. The key manufacturers in the <strong>Gift</strong> <strong>Card</strong> include<br />
• epay Worldwide<br />
• Incomm<br />
• Blackhawk Network<br />
• Cashstar<br />
• iTunes <strong>Card</strong> Delivery<br />
• My <strong>Gift</strong> <strong>Card</strong> Supply<br />
• Game <strong>Card</strong> Delivery
<strong>Market</strong> size split <strong>by</strong> Region<br />
• North America<br />
• United States<br />
• Canada<br />
• Mexico<br />
• Asia-Pacific<br />
• China<br />
• India<br />
The key points of this report are:<br />
• To study <strong>and</strong> analyze the global <strong>Gift</strong> <strong>Card</strong> market size (value & volume) <strong>by</strong> company, key regions/countries, products<br />
<strong>and</strong> application, history data from 2013 to 2017, <strong>and</strong> forecast to <strong>2025</strong>.<br />
• To underst<strong>and</strong> the structure of <strong>Gift</strong> <strong>Card</strong> market <strong>by</strong> identifying its various subsegments.<br />
• To share detailed information about the key factors influencing the growth of the market (growth potential,<br />
opportunities, drivers, industry-specific challenges <strong>and</strong> risks).<br />
• Focuses on the key global <strong>Gift</strong> <strong>Card</strong> manufacturers, to define, describe <strong>and</strong> analyze the sales volume, value, market<br />
share, market competition l<strong>and</strong>scape, SWOT analysis <strong>and</strong> development plans in next few years.<br />
• To analyze the <strong>Gift</strong> <strong>Card</strong> with respect to individual growth trends, future prospects, <strong>and</strong> their contribution to the<br />
total market.<br />
• To project the value <strong>and</strong> volume of <strong>Gift</strong> <strong>Card</strong> submarkets, with respect to key regions (along with their respective<br />
key countries).
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https://www.millioninsights.com/industry-reports/gift-card-market<br />
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