Gift Cards Market is projected to reach US$ 646.9 Billion by 2031, at a CAGR of 6.1%

The Gift Cards Market has witnessed continuous growth in the past few years and is projected to grow at a good pace during the forecast period of 2024-2031. The exploration provides a 360° view and insights, highlighting major outcomes of Gift Cards industry. These insights help business decision-makers to formulate better business plans and make informed decisions to improve profitability. Additionally, the study helps venture or emerging players in understanding the businesses to make well-informed decisions. Some of the major and emerging players within the market are Amazon, ITunes, Walmart, Google Play, Starbucks, Home Depot, Walgreens, Sephora, Lowes, Carrefour, JD, Best Buy, Sainsbury's, Macy's, Virgin, IKEA, H&M, Zara, AL-FUTTAIM ACE & JCB Gift Card.

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The global Gift Cards market was valued at 426750 million in 2023 and is projected to reach US$ 646.9 Billion by 2031, at a CAGR of 6.1% during the forecast period.

A gift card (also known as gift certificate in North America, or gift voucher or gift token in the UK) is a prepaid stored-value money card usually issued by a retailer or bank to be used as an alternative to cash for purchases within a particular store or related businesses. Gift cards are also given out by retailers and marketers as part of a promotion strategy, to entice the recipient to come in or return to the store, and at times such cards are called cash cards. Gift cards are generally redeemable only for purchases at the relevant retail premises and cannot be cashed out, and in some situations may be subject to an expiry date or fees.

By end users/application, the market is sub-segmented as Restaurant, Retail, Coffee Shop, Entertainment & Others

Breakdown by type, the market is categorized as: Universal Accepted Open Loop, E-Gifting, Restaurant Closed Loop, Retail Closed Loop & Miscellaneous Closed Loop

Players profiled in the report: Amazon, ITunes, Walmart, Google Play, Starbucks, Home Depot, Walgreens, Sephora, Lowes, Carrefour, JD, Best Buy, Sainsbury's, Macy's, Virgin, IKEA, H&M, Zara, AL-FUTTAIM ACE & JCB Gift Card

Regional Analysis for Gift Cards Market includes: Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Middle East & Africa, Egypt, South Africa, Israel, Turkey & GCC Countries

The Global Gift Cards Market study covers ongoing status, % share, upcoming growth patterns, development cycle, SWOT analysis, sales channels & distributions to anticipate trending scenarios for years to come. It aims to recommend an analysis of the market by trend analysis, segment breakdown, and players' contribution in Gift Cards market upliftment. The market is sized by 5 major regions i.e., North America, Europe, Asia Pacific (includes Asia & Oceania separately), Middle East and Africa (MEA), and Latin America, and further broken down by 18+ jurisdictions or countries like China, the UK, Germany, United States, France, Japan, India, group of Southeast Asian & Nordic countries, etc.

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For Consumer-Centric data, demand-side or survey analysis can be added in the final deliverable as part of customization that would include analysis and consumer behavior of Gift Cards Market by demographic factors such as Age, Gender, Occupation, Income Level or Education. {*subject to data availability and feasibility}

Consumer Traits Includes Following Patterns**
Consumer Buying patterns (e.g., comfort & convenience, economical, pride)
Customer Lifestyle (e.g., health conscious, family orientated, community active)
Expectations (e.g., service, quality, risk, influence)

Major Highlights from the Global Gift Cards Market factored in the Analysis

Gift Cards Market Measures & Parameters Addressed in Study: The report highlights Gift Cards market features such as segment revenue, weighted average selling price by region, capacity utilization rate, production & production value, % gross margin by company, consumption, import & export, demand & supply, cost bench-marking of the finished product in Gift Cards Industry, market share and annualized growth rate (Y-o-Y) and % CAGR.

Major Strategic Gift Cards Market Developments: Activities such as Research & Development (R&D) by phase, ongoing and completed Merger & Acquisition (M&A) [deal value, purpose, effective year], Joint ventures (JVs), Technological tie-ups, Suppliers partnerships & collaborations, agreements, new launches, etc taken by Gift Cards Industry players during the projected timeframe of the study.

What unique qualitative insights are included in Gift Cards Market research study?
The Global Gift Cards Market report provides rigorously studied and evaluated data of the top industry players and their scope in the market by means of various analytical tools. To gain a deep dive analysis; qualitative commentary on changing market dynamics {drivers, restraints & opportunities}, PESTLE, 5-Forces, Feasibility study, BCG matrix (% Share vs % Growth), SWOT by players, Heat Map analysis, etc have been provided to better correlate key players product offering in the market.

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Extracts from Table of Contents :
1. Gift Cards Market Overview
- Market Snapshot
- Definition
- Product Classification
2. Gift Cards Market Dynamics
- Drivers, Trends, Restraints......
- Market Factors Analysis
3. New Entrants and Entry-barriers
4. Standardization, Regulatory and collaborative initiatives
- Manufacturing Process Analysis
- Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers
5. Global Gift Cards Market Competition by Manufacturers (2023-2024)
6. Gift Cards Market Value [USD], Capacity, Supply (Production), Consumption, Price, Export-Import (EXIM), by Region (2024-2031)
.......
7. Gift Cards Revenue (Value), Production, Sales Volume, by Region (2024-2031)
8. Gift Cards Market Trend by Type {, Universal Accepted Open Loop, E-Gifting, Restaurant Closed Loop, Retail Closed Loop & Miscellaneous Closed Loop}
9. Gift Cards Market Analysis by Application {Restaurant, Retail, Coffee Shop, Entertainment & Others}
10. Gift Cards Market Manufacturers Profiles/Analysis
- Market Share Analysis by Manufacturers (2021-2024E)
- Manufacturers Profiles (Overview, Financials, SWOT, etc)
- Connected Distributors/Traders
- Marketing Strategy by Key Manufacturers/Players

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Thanks for reading Global Gift Cards Industry research publication; you can also get individual chapter-wise sections or region-wise report versions like America, LATAM, Europe, Nordic nations, Oceania, Southeast Asia, or Just Eastern Asia.

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