Press release
Global Gift Card Market Applications, Products, Share, Growth, Insights and Forecasts Report 2029
The gift card market is expected to be growing at a growth rate of 14.56% CAGR in forecast period from 2022 to 2029.An influuntial Global Gift Card Market report provides detailed market analysis with inputs from industry experts. The market type, size of the organization, availability on-premises and the end-users' organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa are taken into account while generating this global market report. The research studies accomplished in this business report helps to guess several important aspects that includes but are not limited to investment in a rising market, success of a new product, and expansion of market share.
The increasing usage of gift cards as marketing tools is the major factor accelerating the growth of the gift card market. Furthermore, growing demand from commercial sectors, increasing trend of e- purchasing, increasing digitalization, and growing trend of gifting culture and technical advancements are also expected to drive the growth of the gift card market. However, growing concern associated with the usage of plastics and risk associated with extra loss of money restrains the gift card market.
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