Global Gift Card Market Rising Exponentially at a Rate of 14.56% in Forecast Period

Gift card is expected to rise at annual rate of 14.56% and is anticipated to reach USD 859.2 billion buy 2027 with the factors like rising concern associated with the usage of plastics will act as a restrain to the growth of market.

With the growing usage of gift cards as promotional tools is driving the growth of the market in the forecast period.

Gift Card Market Scenario

According to Data Bridge Market Research the market of gift card is developing owing to factors like increasing demand from rising trend of e-purchasing, corporate sectors, increasing digitalization and the growing trend of gifting culture and technological advancements.

Now the question is which are the other regions intuitive is targeting? Data Bridge Market Research has forecasted a large growth in the Asia-Pacific (APAC) due to growing demand better transactional solutions in the region.

For more analysis on the gift card market request for a briefing with our analysts

Gift Card Market Scope

Gift card market is segmented on the basis of countries into U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

  • All country based analysis of data fabric market is further analyzed based on maximum granularity into further segmentation. On the basis of functional attribute, the gift card market is segmented into open loop and closed loop. Based on industry vertical, the gift card market is segmented into retail and corporate institutions. The merchant segment of the gift card market is divided into restaurants, departmental store, grocery store/food supermarkets, discount stores, coffee shops, entertainment and others. Product segment of the gift card market is divided into e- gift cards and physical cards.
  • Gift card is a kind of a debit card which is preloaded so that cardholder can utilize it for the purchase of goods & services. They also offer options to the users so they can further add funds in them.

To know more about the study,

Key Pointers Covered in the Gift Card Market Industry Trends and Forecast to 2027

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Cost of Care Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the Report

  • First Data
  • Qwikcilver Solutions Pvt Ltd
  • Blackhawk Network Holdings
  • Plastek Card Solutions, Inc
  • Duracard
  • TenderCard
  • TransGate Solutions
  • Buyatab
  • Apple Inc
  • Basic Visual Id Technologies
  • Creative Cards & Solutions
  • C. M. M. Info Tech
  • Prime Plastic Cards
  • Micro Labels Private Limited
  • PSM Cards

Above are the key players covered in the report, to know about more and exhaustive list of gift card companies’ contact us

Research Methodology of Gift Card Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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