U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market to 2032

Overview

The U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market is expected to reach a 1,225.95 USD Billion by 2032 and is projected to grow at a CAGR of 17.06% from 2025 to 2032.

Revenue, 2024 (USD Billion)
347.81
Forecast, 2032 (USD Billion)
1,225.95
CAGR, 2024 - 2032
17.06%
Report Coverage
North America

U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market 2018-2032 USD Billion

U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 347.81 USD Billion
  • Projected Market Size (2032): 1,225.95 USD Billion
  • CAGR (2025-2032): 17.06%

Key Findings of U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market

  • The U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market was valued at 1,225.95 USD Billion in 2024.
  • The U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market is likely to grow at a CAGR of 17.06% 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 307.82 USD Billion
  • The fastest growing segment Retail in Industry Vertical Segment grew Fastest with a CAGR of 17.55% during the forecast period from 2024 to 2032.

U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market Scope

U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market Segmentation & Scope
Merchant Type
  • Others
  • Mobile Top-Up and Utilities
  • Entertainment and Streaming Services
  • Restaurants and Dining
  • Retail and E-commerce
Usage
  • Cross-Border
  • Domestic
Industry Vertical
  • Corporate Institutions
  • Retail
Functional Attribute
  • E- Gifting
  • Universal Accepted Open Loop
  • Closed Loop
Product
  • E-Gift Cards
  • Physical Cards

U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market Data Coverage Insights

Study Period 2024-2032
Base Year 2023
Unit Revenue in USD Billion
Market Value in 2024 347.81 USD Billion
Market Value in 2032 1,225.95 USD Billion
CAGR (2025-2032) 17.06%
Historic Data 2016-2023
Market Segments Covered Merchant Type,Usage,Industry Vertical,Functional Attribute,Product

Regional Insights:

  • Leading Market (2024-2032): North America, leading in terms of revenue 347.81 USD Billion in 2024
    • Key Country: U.S., leading in terms of revenue with value of 311,990.47 USD Million in 2024.

Segments and Scope

  • U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market to 2032, By Merchant Type
    • Retail and E-commerce is the largest segment in U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market to 2032 with a revenue of 207.33 USD Billion in the year 2024.
    • Retail and E-commerce is the Fastest growing segment in U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market to 2032 with a Growth rate of 17.33 % in forecast period 2025-2032.
  • U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market to 2032, By Usage
    • Domestic is the largest segment in U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market to 2032 with a revenue of 307.82 USD Billion in the year 2024.
    • Domestic is the Fastest growing segment in U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market to 2032 with a Growth rate of 17.13 % in forecast period 2025-2032.
  • U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market to 2032, By Industry Vertical
    • Retail is the largest segment in U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market to 2032 with a revenue of 198.79 USD Billion in the year 2024.
    • Retail is the Fastest growing segment in U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market to 2032 with a Growth rate of 17.55 % in forecast period 2025-2032.
  • U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market to 2032, By Functional Attribute
    • Closed Loop is the largest segment in U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market to 2032 with a revenue of 124.86 USD Billion in the year 2024.
    • E- Gifting is the Fastest growing segment in U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market to 2032 with a Growth rate of 17.15 % in forecast period 2025-2032.
  • U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market to 2032, By Product
    • Physical Cards is the largest segment in U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market to 2032 with a revenue of 238.01 USD Billion in the year 2024.
    • E-Gift Cards is the Fastest growing segment in U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market to 2032 with a Growth rate of 16.83 % in forecast period 2025-2032.

U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market Company Share Analysis

 
U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market Company Share Analysis
U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market Company Share Analysis

U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market Geographical Sales Distribution, 2018-2032 USD Billion

U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market Geographical Sales Distribution, 2018-2032 USD Billion

U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market Company Profiling

U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market Company Profiling
Frequently Asked Questions
The U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market is segmented based on Segmentation Merchant Type,Usage,Industry Vertical,Functional Attribute,Product.
U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market was valued at USD 347.81(Revenue in USD Billion) in 2023.
U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market is projected to grow at a CAGR of 17.06% during the forecast period of 2024 to 2032.
The Domestic segment is expected to dominate the U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market, holding a largest market share of 307.82 USD Billion in 2024

U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market Scope

U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market Segmentation & Scope
Merchant Type
  • Others
  • Mobile Top-Up and Utilities
  • Entertainment and Streaming Services
  • Restaurants and Dining
  • Retail and E-commerce
Usage
  • Cross-Border
  • Domestic
Industry Vertical
  • Corporate Institutions
  • Retail
Functional Attribute
  • E- Gifting
  • Universal Accepted Open Loop
  • Closed Loop
Product
  • E-Gift Cards
  • Physical Cards
Frequently Asked Questions
The U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market is segmented based on Segmentation Merchant Type,Usage,Industry Vertical,Functional Attribute,Product.
U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market was valued at USD 347.81(Revenue in USD Billion) in 2023.
U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market is projected to grow at a CAGR of 17.06% during the forecast period of 2024 to 2032.
The estimated market value of the U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market for final year is USD 1,225.95 (USD Billion).

U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market Company Profiling

U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market Company Profiling
Frequently Asked Questions
The U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market is segmented based on Segmentation Merchant Type,Usage,Industry Vertical,Functional Attribute,Product.
U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market was valued at USD 347.81(Revenue in USD Billion) in 2023.
U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market is projected to grow at a CAGR of 17.06% during the forecast period of 2024 to 2032.
The estimated market value of the U.S., U.K., U.A.E., Mexico, India and Philippines Gift Card Market for final year is USD 1,225.95 (USD Billion).