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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Gift Cards Market Outlook
The global gift cards market attained a value of USD 1,128.10 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 16.3% to reach USD 4,399.08 billion by 2032.
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global gift cards market attained a value of nearly USD 1,128.10 billion.
The market is projected to grow at a CAGR of 16.3% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 4,399.08 billion by 2032.
The growing technological innovations and the increasing penetration of online shopping platforms and e-commerce sector are the major market drivers.
The key trends driving the market include the increasing penetration of smartphones in emerging nations and the growing trend of gifting such cards in the corporate sector.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The significant card types available in the market are closed-loop card and open-loop card.
The significant end users of the product are retail and corporate institutions.
The major players in the market are Blackhawk Marketing Services, Inc, Fiserv, Inc., American Express Company, Givex Corporation, Qwikcilver Solutions Pvt Ltd., and InComm Payments, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124