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Gift Cards Market to See Massive Growth by 2032

Written by Pradeep | Nov 13, 2024 2:53:29 AM

Gift Cards Market Research Report 2024 - [114 Pages Report] Request Free Sample PDF

"Gift Cards Market" is expected to experience significant growth by 2032 driven by technological innovation, changing consumer preferences, and supportive policies. Whether you're an investor, a business owner, or simply interested in emerging markets, understanding these dynamics will help you navigate and capitalize on this exciting opportunity. The future of the Gift Cards market is bright and the next decade promises to be revolutionary.

Economic stability and growth in key regions will influence market performance. Fluctuations in currency exchange rates and trade policies will also impact market dynamics.

This detailed High End Wireless Speakers Market research report is spread across 114 pages.

Who is the largest manufacturers of Gift Cards Market worldwide?

 

  • Expedia Group
  • Airbnb
  • Hilton
  • Hyatt
  • Choice Hotels International
  • Marriott International
  • Radisson Hotel Group
  • Four Seasons Hotels and Resorts
  • Accor
  • Wyndham Hotels & Resorts
  • Best Western
  • IHG Hotels & Resorts

 

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Short Description About Gift Cards Market:

The Global Gift Cards market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2032. In 2023, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

The global Gift Cards market size was valued at USD 1337.02 million in 2021 and is expected to expand at a CAGR of 1.15% during the forecast period, reaching USD 1431.9 million by 2027.

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. Visa and MasterCard credit cards produce generic gift cards which need not be redeemed at particular stores, and which are widely used for cashback marketing strategies. A feature of these cards is that they are generally anonymous and are disposed of when the stored value on a card is exhausted.

The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment markets by type, application and region, and, as a result, provides a holistic view of, as well as a deep insight into the Gift Cards market covering all its essential aspects.

For the competitive landscape, the report also introduces players in the industry from the perspective of the market share, concentration ratio, etc., and describes the leading companies in detail, with which the readers can get a better idea of their competitors and acquire an in-depth understanding of the competitive situation. Further, mergers & acquisitions, emerging market trends, the impact of COVID-19, and regional conflicts will all be considered.

In a nutshell, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the market in any manner.

What are the factors driving the growth of the Gift Cards Market?

Growing demand for below applications around the world has had a direct impact on the growth of the Gift Cards

 

  • Accommodation
  • Delicacy
  • Spa Service
  • Others

 

What are the types of Gift Cards available in the Market?

Based on Product Types the Market is categorized into Below types that held the largest Gift Cards market share In 2024.

 

  • Open Loop
  • Closed Loop
  • E-gifting

 

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Which regions are leading the Gift Cards Market?

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
  • South America (Brazil, Argentina, Columbia etc.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

This Gift Cards Market Research/Analysis Report Contains Answers to your following Questions

  • What are the global trends in the Gift Cards market? Would the market witness an increase or decline in the demand in the coming years?
  • What is the estimated demand for different types of products in Gift Cards? What are the upcoming industry applications and trends for Gift Cards market?
  • What Are Projections of Global Gift Cards Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
  • Where will the strategic developments take the industry in the mid to long-term?
  • What are the factors contributing to the final price of Gift Cards? What are the raw materials used for Gift Cards manufacturing?
  • How big is the opportunity for the Gift Cards market? How will the increasing adoption of Gift Cards for mining impact the growth rate of the overall market?
  • How much is the global Gift Cards market worth? What was the value of the market In 2023?
  • Who are the major players operating in the Gift Cards market? Which companies are the front runners?
  • Which are the recent industry trends that can be implemented to generate additional revenue streams?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Gift Cards Industry?

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Detailed TOC of Global Gift Cards Market Research Report, 2024-2032

1 Market Overview

1.1 Product Overview and Scope of Gift Cards

1.2 Classification of Gift Cards by Type

1.2.1 Overview: Global Gift Cards Market Size by Type: 2017 Versus 2022 Versus 2032

1.2.2 Global Gift Cards Revenue Market Share by Type in 2022

1.3 Global Gift Cards Market by Application

1.3.1 Overview: Global Gift Cards Market Size by Application: 2017 Versus 2022 Versus 2032

1.4 Global Gift Cards Market Size and Forecast

1.5 Global Gift Cards Market Size and Forecast by Region

1.6 Market Drivers, Restraints and Trends

1.6.1 Gift Cards Market Drivers

1.6.2 Gift Cards Market Restraints

1.6.3 Gift Cards Trends Analysis

2 Company Profiles

2.1 Company

2.1.1 Company Details

2.1.2 Company Major Business

2.1.3 Company Gift Cards Product and Solutions

2.1.4 Company Gift Cards Revenue, Gross Margin and Market Share (2020,2021,2022, and 2023)

2.1.5 Company Recent Developments and Future Plans

3 Market Competition, by Players

3.1 Global Gift Cards Revenue and Share by Players (2020,2021,2022, and 2023)

3.2 Market Concentration Rate

3.2.1 Top3 Gift Cards Players Market Share in 2022

3.2.2 Top 10 Gift Cards Players Market Share in 2022

3.2.3 Market Competition Trend

3.3 Gift Cards Players Head Office, Products and Services Provided

3.4 Gift Cards Mergers and Acquisitions

3.5 Gift Cards New Entrants and Expansion Plans

4 Market Size Segment by Type

4.1 Global Gift Cards Revenue and Market Share by Type (2017-2023)

4.2 Global Gift Cards Market Forecast by Type (2024-2032)

5 Market Size Segment by Application

5.1 Global Gift Cards Revenue Market Share by Application (2017-2023)

5.2 Global Gift Cards Market Forecast by Application (2024-2032)

6 Regions by Country, by Type, and by Application

6.1 Gift Cards Revenue by Type (2017-2032)

6.2 Gift Cards Revenue by Application (2017-2032)

6.3 Gift Cards Market Size by Country

6.3.1 Gift Cards Revenue by Country (2017-2032)

6.3.2 United States Gift Cards Market Size and Forecast (2017-2032)

6.3.3 Canada Gift Cards Market Size and Forecast (2017-2032)

6.3.4 Mexico Gift Cards Market Size and Forecast (2017-2032)

7 Research Findings and Conclusion

8 Appendix

8.1 Methodology

8.2 Research Process and Data Source

8.3 Disclaimer

9 Research Methodology

10 Conclusion

Continued….

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