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  • Published In : Feb 2024
  • Code : CMI3444
  • Pages : 120
  • Formats :
      Excel and PDF
  • Industry : Consumer Goods
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The global gift card market has been witnessing sustainable growth over the past few years due to the increasing preference for digital and plastic card-based gifts over conventional gift items. Gift cards allow the recipient to choose an item of their choice from a selected retailer based on the value loaded in the card. They provide convenience to both givers and receivers and help increase sales for retailers. With rising internet penetration and growth of e-commerce, digital gift cards that can be sent via email are gaining popularity. Growing adoption of innovative payment solutions and rising disposable income of consumers are some of the key factors expected to drive the demand for gift cards in the coming years. However, security concerns around digital gift cards may restrain the market to a certain extent.

Market Dynamics:

The global gift card market is driven by growing adoption of innovative payment solutions, increasing preference of recipients over traditional gifts and rising disposable incomes of consumers. Gift cards provide flexibility, convenience and instant gratification to both givers and receivers which has boosted their demand substantially. They help retailers raise sales by allowing recipients to spend money at their stores thus acting as an opportunity. However, security concerns around digital gift cards, especially those sent via email, continue to pose a challenge. Identify theft and fraudulent use of cards affect consumer confidence negatively, restraining market growth. Advancements in fraud detection technologies are expected to ease some of the concerns going forward. Development of apps for easy redemption and check of balances on mobile phones also presents an opportunity for players in the market.

Key features of the study:

  • This report provides in-depth analysis of this market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
  • It profiles key players in this market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
  • Key companies covered as a part of this study include Apple Inc., Amazon.com Inc., Best Buy Co., Inc., Starbucks Corporation, Target Corporation, and Wal-Mart Stores, Inc.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
  • This market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing this market.

Detailed Segmentation:

  • Global Gift Card Market, By Type
    • Universal accepted open loop
    • Restaurant closed loop
    • Retail closed loop
    • Miscellaneous closed loop
    • E-Gifting
  • Global Gift Card Market, By Merchant
    • Restaurant
    • Department store
    • Grocery stores/food supermarket
    • Discount store
    • Coffee shop
    • Entertainment
    • Others
  • Global Gift Card Market, By Region
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa
  • Top Companies in this Market
    • Apple Inc. 
    • Amazon.com Inc.
    • Best Buy Co., Inc.
    • Starbucks Corporation
    • Target Corporation
    • Wal-Mart Stores, Inc.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Type
      • Market Snippet, By Merchant
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Growing Trends of Gift Giving during Festivals and Special Occasions
        • Birthday Celebrations & Special Occasions
      • Restraints
        • Limited Expiry Dates
      • Opportunities
        • Growth of E-Commerce Industry
        • Multi-Purpose Cards
    • Impact Analysis
    • Key Highlights
    • Regulatory Scenario
    • Product Launches/Approvals
    • PEST Analysis
    • PORTER’s Analysis
    • Merger and Acquisition Scenario
  4. Global Gift Card Market - Impact of Coronavirus (COVID-19) Pandemic
    • COVID-19 Epidemiology
    • Supply Side and Demand Side Analysis
    • Economic Impact
  5. Global Gift Card Market, By Type, 2019 - 2031 (US$ Bn)
    • Introduction
      • Market Share Analysis, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Universal accepted open loop
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
    • Restaurant closed loop
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031 (US$ Bn)
    • Retail closed loop
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031 (US$ Bn)
    • Miscellaneous closed loop
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031 (US$ Bn)
    • E-Gifting
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031 (US$ Bn)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031 (US$ Bn)
  6. Global Gift Card Market, By Merchant, 2019 - 2031 (US$ Bn)
    • Introduction
      • Market Share Analysis, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Restaurant
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031 (US$ Bn)
    • Department store
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031 (US$ Bn)
    • Grocery stores/food supermarket
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031 (US$ Bn)
    • Discount store
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031 (US$ Bn)
    • Coffee shop
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031 (US$ Bn)
    • Entertainment
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031 (US$ Bn)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031 (US$ Bn)
  7. Global Gift Card Market, By Region, 2019- 2031 (US$ Bn)
    • Introduction
      • Market Share Analysis, By Region, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, By Region, 2019 - 2031
      • Country Trends
    • North America
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Type, 2019- 2031 (US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Merchant, 2019- 2031 (US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Country, 2019- 2031 (US$ Bn)
        • U.S.
        • Canada
    • Europe
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Type, 2019- 2031 (US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Merchant, 2019- 2031 (US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Country, 2019- 2031 (US$ Bn)
        • Germany
        • U.K.
        • Spain
        • France
        • Italy
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Type, 2019- 2031 (US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Merchant, 2019- 2031 (US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Country, 2019- 2031 (US$ Bn)
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Latin America
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Type, 2019- 2031 (US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Merchant, 2019- 2031 (US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Country, 2019- 2031 (US$ Bn)
        • Brazil
        • Argentina
        • Mexico
    • Middle East & Africa
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Type, 2019- 2031 (US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Merchant, 2019- 2031 (US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2019- 2031 (US$ Bn)
        • GCC Countries
        • Israel
        • Rest of Middle East
  8. Competitive Landscape
    • Company Profiles
      • Apple Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Amazon.com Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Best Buy Co., Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      •  Starbucks Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      •  Target Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      •  Wal-Mart Stores, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
  9. Section
    • References
    • Research Methodology
    • About us

* Browse 45 market data tables* and 30 figures* on "Global Gift Card Market” – global forecast to 2031

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