Market Updates Gift Card Market Product, Import, Export and 2025

Gift Card Market Product, Import, Export
and Consumption Forecast & Regional
Analysis 2025
“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.”
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.
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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.
Market could be explored by product type, application, industry vertical, and geography. Market could be explored by
product type as E-Gifting, Universal Accepted Open Loop, Restaurant Closed Loop, Miscellaneous Closed Loop, and
Retail Closed Loop. The “E-Gifting” segment led the gift card market in 2017 and will continue to lead in the forecast
period. The key factors that may be attributed to the growth of the market includes increasing convenience
experienced by the consumers and digital literacy across the globe.