Philippines Gift Card Market to 2032
Overview
The Philippines Gift Card Market is expected to reach a 39.10 USD Billion by 2032 and is projected to grow at a CAGR of 21.08% from 2025 to 2032.
Revenue, 2024 (USD Billion)
10.25
Forecast, 2032 (USD Billion)
39.10
CAGR, 2024 - 2032
21.08%
Report Coverage
Philippines
Philippines Gift Card Market 2018-2032 USD Billion
Philippines Gift Card Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 10.25 USD Billion
- Projected Market Size (2032): 39.10 USD Billion
- CAGR (2025-2032): 21.08%
Key Findings of Philippines Gift Card Market
- The Philippines Gift Card Market was valued at 10.25 USD Billion in 2024.
- The Philippines Gift Card Market is likely to grow at a CAGR of 21.08% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Domestic in Usage Segment accounted for the largest share of the market with a revenue of 9.41 USD Billion
- The fastest growing segment E- Gifting in Functional Attribute Segment grew Fastest with a CAGR of 21.58% during the forecast period from 2024 to 2032.
Philippines Gift Card Market Scope
Philippines Gift Card Market Segmentation & Scope
Functional Attribute
- E- Gifting
- Universal Accepted Open Loop
- Closed Loop
Product
- E-Gift Cards
- Physical Cards
Merchant Type
- Mobile Top-Up and Utilities
- Others
- Entertainment and Streaming Services
- Restaurants and Dining
- Retail and E-commerce
Usage
- Cross-Border
- Domestic
Industry Vertical
- Corporate Institutions
- Retail
Philippines Gift Card Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 10.25 USD Billion |
| Market Value in 2032 | 39.10 USD Billion |
| CAGR (2025-2032) | 21.08% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Functional Attribute,Product,Merchant Type,Usage,Industry Vertical |
Regional Insights:
-
Leading Market (2024-2032): Philippines, leading in terms of revenue 10.25 USD Billion in 2024
- Key Country: Philippines, leading in terms of revenue with value of 10,248.10 USD Million in 2024.
Segments and Scope
-
Philippines Gift Card Market to 2032, By Functional Attribute
- Closed Loop is the largest segment in Philippines Gift Card Market to 2032 with a revenue of 3.94 USD Billion in the year 2024.
- E- Gifting is the Fastest growing segment in Philippines Gift Card Market to 2032 with a Growth rate of 21.29 % in forecast period 2025-2032.
-
Philippines Gift Card Market to 2032, By Product
- Physical Cards is the largest segment in Philippines Gift Card Market to 2032 with a revenue of 7.30 USD Billion in the year 2024.
- E-Gift Cards is the Fastest growing segment in Philippines Gift Card Market to 2032 with a Growth rate of 20.88 % in forecast period 2025-2032.
-
Philippines Gift Card Market to 2032, By Merchant Type
- Retail and E-commerce is the largest segment in Philippines Gift Card Market to 2032 with a revenue of 5.99 USD Billion in the year 2024.
- Retail and E-commerce is the Fastest growing segment in Philippines Gift Card Market to 2032 with a Growth rate of 21.37 % in forecast period 2025-2032.
-
Philippines Gift Card Market to 2032, By Usage
- Domestic is the largest segment in Philippines Gift Card Market to 2032 with a revenue of 9.41 USD Billion in the year 2024.
- Domestic is the Fastest growing segment in Philippines Gift Card Market to 2032 with a Growth rate of 21.17 % in forecast period 2025-2032.
-
Philippines Gift Card Market to 2032, By Industry Vertical
- Retail is the largest segment in Philippines Gift Card Market to 2032 with a revenue of 5.92 USD Billion in the year 2024.
- Retail is the Fastest growing segment in Philippines Gift Card Market to 2032 with a Growth rate of 21.38 % in forecast period 2025-2032.
Philippines Gift Card Market Company Share Analysis
Philippines Gift Card Market Geographical Sales Distribution, 2018-2032 USD Billion
Philippines Gift Card Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Philippines Gift Card Market is segmented based on Segmentation Functional Attribute,Product,Merchant Type,Usage,Industry Vertical.
Philippines Gift Card Market was valued at USD 10.25(Revenue in USD Billion) in 2023.
Philippines Gift Card Market is projected to grow at a CAGR of 21.08% during the forecast period of 2024 to 2032.
The Domestic segment is expected to dominate the Philippines Gift Card Market, holding a largest market share of 9.41 USD Billion in 2024
Philippines Gift Card Market Scope
Philippines Gift Card Market Segmentation & Scope
Functional Attribute
- E- Gifting
- Universal Accepted Open Loop
- Closed Loop
Product
- E-Gift Cards
- Physical Cards
Merchant Type
- Mobile Top-Up and Utilities
- Others
- Entertainment and Streaming Services
- Restaurants and Dining
- Retail and E-commerce
Usage
- Cross-Border
- Domestic
Industry Vertical
- Corporate Institutions
- Retail
Frequently Asked Questions
The Philippines Gift Card Market is segmented based on Segmentation Functional Attribute,Product,Merchant Type,Usage,Industry Vertical.
Philippines Gift Card Market was valued at USD 10.25(Revenue in USD Billion) in 2023.
Philippines Gift Card Market is projected to grow at a CAGR of 21.08% during the forecast period of 2024 to 2032.
The estimated market value of the Philippines Gift Card Market for final year is USD 39.10 (USD Billion).
Philippines Gift Card Market Company Profiling
Frequently Asked Questions
The Philippines Gift Card Market is segmented based on Segmentation Functional Attribute,Product,Merchant Type,Usage,Industry Vertical.
Philippines Gift Card Market was valued at USD 10.25(Revenue in USD Billion) in 2023.
Philippines Gift Card Market is projected to grow at a CAGR of 21.08% during the forecast period of 2024 to 2032.
The estimated market value of the Philippines Gift Card Market for final year is USD 39.10 (USD Billion).
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