Market Giant Gift Card Market Size and Growth Analysis by 2025
Gift Card Market Size (Volume and Value) and Growth
Rate Analysis by 2025
“Global gift card market is anticipated to witness an
exponential growth in the forecast period. A gift card, also
termed as “Gift Certificate”, or “Gift voucher”, is a
prepaid stored-value money card typically issued by a
bank or retailer to be used as a substitute to cash for
purchases within a specific store or related businesses.”
Global gift card market is anticipated to witness an exponential growth in the forecast period. A gift card, also termed
as “Gift Certificate”, or “Gift voucher”, is a prepaid stored-value money card typically issued by a bank or retailer to be
used as a substitute to cash for purchases within a specific store or related businesses.
The factors that propel the growth of the market include rising demand for gift cards among businesses and corporates,
extensive acceptance of gift cards among consumers, soaring acceptance of gift cards as corporate incentives,
widespread desirability of gift card programs among businesses, and improving brand consciousness and attracting
new clients. Gift card market is anticipated to expand at a significant CAGR of 14.8% in the upcoming period as the
scope, product types, and its applications are increasing across the globe.
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