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.
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.
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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).
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Key Market Competitors Covered in the Report
Above are the key players covered in the report, to know about more and exhaustive list of gift card companies’ contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-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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Global Gift Card Market - Industry Trends and Forecast to 2029