Gift Cards Market by Type (Open Loop and Closed Loop), and by End-User (Retail Establishments and Corporate Institutions)– Global Opportunity Analysis and Industry Forecast, 2022–2030

Gift Card Market

Industry:  Consumer Goods | Publish Date: Jan 2023 | No of Pages:  187 | No. Tables:  99 | No. Figures:  53

Market Definition:

The Gift Cards Market size was valued at USD 884.76 million in 2021 and is predicted to reach USD 2097.13 million by 2030, with a CAGR of 8.3% from 2022 to 2030.

A gift card is a prepaid card that can be used to make purchases and execute other types of financial transactions.  It functions as a mode of payment that can be applied to purchases made at shops, gas stations, dining establishments, and other places. These gift cards are available for purchase or as rewards for doing business with a specific retailer. They can also be given as gifts to friends and family.

Some gift cards come with a maximum amount limit but are reloadable, while some others serve no further purpose once the balance is spent. Gift cards are generally of two types, such as gift cards and digital gift cards.  While digital gift cards are added to mobile wallets to facilitate purchases and increase security, physical gift cards can be used in shops or online.

High adoption rate of smartphones accelerates gift cards demand

As more people have smartphones, the market for gift cards is likely to grow as customers have more flexible and convenient payment options. For instance, according to the GSMA Intelligence, in 2022, the number of smartphone users in the world today is 6.648 billion, which translates to 83.37% of the world’s population owning a smartphone.

Gift card enthusiasts and smartphone users now have a variety of ways to combine everything into one practical package thanks to the growing use of modern technology and marketing techniques. For instance, Gyft is a digital gift card platform present on iPhone and Android smartphones that enables consumers to buy, send and manage gift cards from hundreds of top retailers such as Amazon, iTunes and Target among others. Additionally, there are more mobile phone apps available that offer digital gift card options from online retailers like Flipkart, Amazon, and eBay.

 

Rapid expansion in e-commerce and advancement in technology

The rapid increase in the e-commerce sector has robustly driven gift card sales. E-commerce digital gift cards are popular as they offer the convenience to purchase items through websites while saving a trip to the store. Due to the growing internet and smartphone penetration rates worldwide over the past few years, a sizable number of shoppers have shifted significantly to online shopping.For instance, in 2022, there are five billion internet users worldwide, which accounts for 63 per cent of the global population.

The younger generation of consumers around the world, who prefer a mobile-first approach while shopping for exploring more products with simple purchases, dominates the online retail market. For instance, in December 2020, Qwikcilver partnered with Google Pay and listed its consumer brand Woohoo on Google Pay's Spot Platform which gives the option to choose digital gift cards from over 150 brands. It offers various brand cards including the Amazon Pay Gift Card, Flipkart Gift Card, Uber E-Gift, and Google Play Gift Code, among others.

Lack of awareness and security issues for gift cards impedes the market growth

A number of obstacles stand in the way of the gift card industry's growth, including the potential for hacking by thieves and hackers and a general lack of understanding of the advantages of gift cards.For example, Distil Networks, a cybersecurity firm specializing in bot attack detection, monitoring, and mitigation, discovered the botnet, also known as GiftGhostBot. The advanced persistent bot automatically checks millions of gift card numbers to determine which have balances.

In addition, in the rush to make smartphone gift card implementation as simple and inexpensive as possible, merchants such as Starbucks and Target have overlooked security vulnerabilities that allow any customer to use money placed on another shopper's gift card. Also, some gift cards can be challenging to use for people who are unaware of their uses and the terms and conditions that apply to them, which is another factor that is expected to restrain the growth of the gift card market.

Moreover, the outstanding amount on these gift cards that remains unearned goes to revenue liability on the balance sheet of the company until customers redeem the cards. The gift cards that are not redeemed go to unclaimed property under the country’s respective state government laws. This factor is expected to restrict the market growth of gift cards.

 

Technological advancements and innovations in gift cards create market opportunities

Growing technological developments in gift cards, such as adaptable sending options and marketing initiatives, help businesses boost sales by making their product offers more distinctive and alluring. For instance, Amazon has adopted new innovations in its gift card line, by introducing Amazon Surprise, which allows attaching a gift card for quick gift-giving. It also features a number of different formats that are perfect for Christmas, Hanukkah and birthdays while allowing to attach video clips or personalized voice memos for an extra special touch.

Advancements in technology create significant advantages for businesses that can use big data to form digital gift card systems. Creative use of big data can lead to substantial benefits, including better customer acquisition and retention, improved campaign focus, and targeting, as well as a better understanding of potential risks along the way. For instance, QR code gift cards are technologically savvy and origami certificates are artistic because they can be customized to be as distinctive and memorable as possible while still retaining the element of surprise.

Also, gift cards involve trading them in for something else, which may make it more likely that the recipient will use the gift card. Additionally, gift card innovation now includes a tracking website, such as Gyft to monitor sales and guarantee that cards don't disappear, which is anticipated to generate a lot of growth opportunities for the gift card market in the near future.

Europe holds the predominant share of the global gift cards market

The European region holds the lion’s share of the gift cards market currently and is expected to continue to dominate the market during the forecast period. This is attributed to the rising increasing adoption of gift cards among consumers due to the increase in application areas such as hospitality, banking, and retail stores.

In addition, the growing strategic partnerships among various merchants and payment providers to develop innovative digital gift card solutions in France are penetrating the gift card market. For instance, in April 2021, Gifted announced a strategic partnership with Nets, a leading European payment services provider to offer merchants an innovative digital solution across the Nordics and wider Europe, including France.

Moreover, an increase in technological innovations in gift cards enables high sales in companies and helps them in revenue generation. by making them unique and attractive. For instance, track gift cards allow its users to buy and give gift cards online and also offers them capabilities to see when those gift cards can be redeemed.

Furthermore, the growing influence of social media platforms along with various marketing strategies adopted by gift card providers are supporting the growth of the market in this region. For instance, in April 2020, Instagram launched a new gift card, food orders, and fundraiser tools for stories and profiles. This would help the consumers to support small businesses by discovering their gift cards, food ordering options and fundraisers in Italy on Instagram.

North American region witnesses substantial growth in the global gift cards market

North America is expected to show a steady rise in the gift cards market due to the rising innovative programs by the regional government for the launch of gift cards for supporting local businesses and vaccination drives. For instance, in November 2021, Onondaga County rolled introduced new restaurant gift cards in the United States that were aimed to support the struggling dining industry due to the Covid-19 pandemic.

Additionally, rising corporate incentives and loyalty programmes that reward employees with gift cards and increase retail spending in this area all contribute to the market's expansion.For instance, in March 2020, the Province of Prince Edward Island partnered with Sobeys to offer gift cards to Islanders who have been laid off due to the Covid-19 pandemic. The Employee Gift Card Program offered approximately USD 78.11 Sobeys gift cards to individuals and small businesses that were undergoing economic hardships in the province.

In addition, growing retailers and online streaming services such as Netflix, Prime Video and others offer gift cards to attract new customers in this region. For instance, Netflix offers physical as well as virtual gift cards that would allow consumers to pay for Netflix without a credit card.

 

Competitive Landscape

Various market players operating in the gift cards industry include Amazon.com, Inc, Apple Inc, American Express Company, Blackhawk Network Holdings, Inc, Best Buy Co., Inc., Walmart Inc., Starbucks Corporation, InComm Payments, Chipotle Mexican Grill Inc, and QwikCilver Solutions Private Limited. These manufacturers are actively indulging in industrial collaborations and acquisitions to enhance their product offerings and increase their growth as well as geographical reach.

For instance, in January 2022, Blackhawk Network announced a strategic partnership with Tender Retail to expand the delivery of gift cards payment, integrate with enterprise merchants along with enhancing payment options and meet the diverse demands of consumers.

Also, in November 2021, Apple announced the launch of the Holiday Gift Guide and personalized holiday cards at Apple. This guide features preferable recommendations for customized creatives and photographers for those passionate about health, fitness, and entertainment.

KEY MARKET SEGMENTS

By Type

  • Open Loop Gift Card

  • Closed Loop Gift Cards

By End-User

  • Retail Establishments

  • Corporate Institutions 

By Geography

  • North America

    • U.S

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

    • Russia

    • Sweden

    • Rest of Europe

  • Asia-Pacific

    • China

    • India

    • Japan

    • South Korea

    • Australia

    • Indonesia

    • Singapore

    • Rest of Asia-Pacific

  • RoW

    • UAE

    • Saudi Arabia

    • South Africa

    • Brazil

    • Israel

    • Turkey

    • Remaining countries

REPORT SCOPE AND SEGMENTATION:

Parameters

Details

Analysis Period

2019–2030

Base Year Considered

2020

Forecast Period

2020–2030

Market Size Estimation

Billion (USD)

Market Segmentation

By Card Type (Open Loop Gift Card, Closed Loop Gift Card) By End user (Retail Establishments, Corporate Institutions)

Geographical Segmentation

North America (U.S., Canada) Europe (Germany, UK, France, Rest of Europe), Asia-Pacific (China, India, Japan, Rest of APAC) Rest of World (Latin America, Middle East, Africa)

Companies Profiled

National Gift Card Corp., First Data Corporation, Fidelity National Information Services, Inc., Blackhawk Network Holdings, Inc., Qwikcilver Solutions Pvt. Ltd., Duracard, TransGate Solutions, Documax Inc., TenderCard, and Plastek Card Solutions, Inc.

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1. INTRODUCTION

1.1. REPORT DESCRIPTION

1.2. WHO SHOULD READ THIS REPORT 

1.3. KEY MARKET SEGMENTS

1.4. KEY MARKET PLAYERS

1.5. RESEARCH METHODOLOGY

1.5.1        SECONDARY RESEARCH

1.5.2        DATA ANALYSIS FRAMEWORK

1.5.3        MARKET SIZE ESTIMATION

1.5.4        FORECASTING

1.5.5        PRIMARY RESEARCH AND DATA VALIDATION

2. GIFT CARDS MARKET – EXECUTIVE SUMMARY

2.1. MARKET SNAPSHOT, 2021 - 2030, BILLION USD

3. MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE

3.2. MARKET DYNAMICS

3.2.1        DRIVERS

3.2.1.1. HIGH ADOPTION RATE OF SMARTPHONES ACCELERATES DEMAND FOR GIFT CARDS

3.2.1.2. EXPANSION IN E-COMMERCE AND ADVANCEMENT IN TECHNOLOGY FUELS MARKET GROWTH

3.2.1.3. HIGH ADOPTION OF E-GIFT CARDS AS A PROMOTIONAL TOOL SUPPORTS BUSINESSES

3.2.2        RESTRAINTS

3.2.2.1. LACK OF AWARENESS AND SECURITY ISSUES ASSOCIATED WITH GIFT CARDS IMPEDES GROWTH

3.2.3        OPPORTUNITIES

3.2.3.1. TECHNOLOGICAL ADVANCEMENTS AND INNOVATIONS OFFERS FUTURE BUSINESS PROSPECTS

4. GLOBAL GIFT CARDS MARKET, BY CARD TYPE

4.1. OVERVIEW

4.2. OPEN LOOP GIFT CARD

4.2.1        OPEN LOOP GIFT CARD MARKET, BY REGION

4.3. CLOSED LOOP GIFT CARD

4.3.1        CLOSED LOOP GIFT CARD MARKET, BY REGION

5. GLOBAL GIFT CARDS MARKET, BY ENDUSER

5.1. OVERVIEW

5.2. RETAIL ESTABLISHMENTS

5.2.1        RETAIL ESTABLISHMENTS MARKET, BY REGION

5.3. CORPORATE INSTITUTIONS

5.3.1        CORPORATE INSTITUTIONS MARKET, BY REGION

6. GLOBAL GIFT CARDS MARKET, BY REGION

6.1. OVERVIEW

6.2. NORTH AMERICA

6.2.1        NORTH AMERICA GIFT CARDS MARKET, BY CARD TYPE

6.2.2        NORTH AMERICA GIFT CARDS MARKET, BY ENDUSER

6.2.3        NORTH AMERICA GIFT CARDS MARKET, BY COUNTRY

6.2.3.1. U.S.

6.2.3.1.1. U.S. GIFT CARDS MARKET, BY CARD TYPE

6.2.3.1.2. U.S. GIFT CARDS MARKET, BY ENDUSER

6.2.3.2. CANADA

6.2.3.2.1. CANADA GIFT CARDS MARKET, BY CARD TYPE

6.2.3.2.2. CANADA GIFT CARDS MARKET, BY ENDUSER

6.2.3.3. MEXICO

6.2.3.3.1. MEXICO GIFT CARDS MARKET, BY CARD TYPE

6.2.3.3.2. MEXICO GIFT CARDS MARKET, BY ENDUSER

6.3. EUROPE

6.3.1        EUROPE GIFT CARDS MARKET, BY CARD TYPE

6.3.2        EUROPE GIFT CARDS MARKET, BY ENDUSER

6.3.3        EUROPE GIFT CARDS MARKET, BY COUNTRY

6.3.3.1. UK

6.3.3.1.1. UK GIFT CARDS MARKET, BY CARD TYPE

6.3.3.1.2. UK GIFT CARDS MARKET, BY ENDUSER

6.3.3.2. GERMANY

6.3.3.2.1. GERMANY GIFT CARDS MARKET, BY CARD TYPE

6.3.3.2.2. GERMANY GIFT CARDS MARKET, BY ENDUSER

6.3.3.3. FRANCE

6.3.3.3.1. FRANCE GIFT CARDS MARKET, BY CARD TYPE

6.3.3.3.2. FRANCE GIFT CARDS MARKET, BY ENDUSER

6.3.3.4. REST OF EUROPE

6.3.3.4.1. REST OF EUROPE GIFT CARDS MARKET, BY CARD TYPE

6.3.3.4.2. REST OF EUROPE GIFT CARDS MARKET, BY ENDUSER

6.4. ASIA-PACIFIC

6.4.1        ASIA-PACIFIC GIFT CARDS MARKET, BY CARD TYPE

6.4.2        ASIA-PACIFIC GIFT CARDS MARKET, BY ENDUSER

6.4.3        ASIA-PACIFIC GIFT CARDS MARKET, BY COUNTRY

6.4.3.1. CHINA

6.4.3.1.1. CHINA GIFT CARDS MARKET, BY CARD TYPE

6.4.3.1.2. CHINA GIFT CARDS MARKET, BY ENDUSER

6.4.3.2. INDIA

6.4.3.2.1. INDIA GIFT CARDS MARKET, BY CARD TYPE

6.4.3.2.2. INDIA GIFT CARDS MARKET, BY ENDUSER

6.4.3.3. JAPAN

6.4.3.3.1. JAPAN GIFT CARDS MARKET, BY CARD TYPE

6.4.3.3.2. JAPAN GIFT CARDS MARKET, BY ENDUSER

6.4.3.4. REST OF ASIA-PACIFIC

6.4.3.4.1. REST OF ASIA-PACIFIC GIFT CARDS MARKET, BY CARD TYPE

6.4.3.4.2. REST OF ASIA-PACIFIC GIFT CARDS MARKET, BY ENDUSER

6.5. REST OF WORLD

6.5.1        REST OF WORLD GIFT CARDS MARKET, BY CARD TYPE

6.5.2        REST OF WORLD GIFT CARDS MARKET, BY ENDUSER

6.5.3        REST OF WORLD GIFT CARDS MARKET, BY COUNTRY

6.5.3.1. LATIN AMERICA

6.5.3.1.1. LATIN AMERICA GIFT CARDS MARKET, BY CARD TYPE

6.5.3.1.2. LATIN AMERICA GIFT CARDS MARKET, BY ENDUSER

6.5.3.2. MIDDLE EAST

6.5.3.2.1. MIDDLE EAST GIFT CARDS MARKET, BY CARD TYPE

6.5.3.2.2. MIDDLE EAST GIFT CARDS MARKET, BY ENDUSER

6.5.3.3. AFRICA

6.5.3.3.1. AFRICA GIFT CARDS MARKET, BY CARD TYPE

6.5.3.3.2. AFRICA GIFT CARDS MARKET, BY ENDUSER

7. COMPANY PROFILES

7.1. AMAZON.COM INC

7.1.1        COMPANY OVERVIEW

7.1.2        COMPANY SNAPSHOT

7.1.3        OPERATING BUSINESS SEGMENTS

7.1.4        PRODUCT PORTFOLIO

7.1.5        BUSINESS PERFORMANCE

7.1.6        SALES BY BUSINESS SEGMENT

7.1.7        SALES BY GEOGRAPHIC SEGMENT

7.1.8        KEY STRATEGIC MOVES & DEVELOPMENTS

7.1.9        PRIMARY MARKET COMPETITORS

7.2. APPLE INC.

7.2.1        COMPANY OVERVIEW

7.2.2        COMPANY SNAPSHOT

7.2.3        OPERATING BUSINESS SEGMENTS

7.2.4        PRODUCT PORTFOLIO

7.2.5        BUSINESS PERFORMANCE

7.2.6        SALES BY BUSINESS SEGMENT

7.2.7        SALES BY GEOGRAPHIC SEGMENT

7.2.8        KEY STRATEGIC MOVES & DEVELOPMENTS

7.2.9        PRIMARY MARKET COMPETITORS

7.3. AMERICAN EXPRESS COMPANY

7.3.1        COMPANY OVERVIEW

7.3.2        COMPANY SNAPSHOT

7.3.3        OPERATING BUSINESS SEGMENTS

7.3.4        PRODUCT PORTFOLIO

7.3.5        BUSINESS PERFORMANCE

7.3.6        SALES BY BUSINESS SEGMENT

7.3.7        SALES BY GEOGRAPHIC SEGMENT

7.3.8        KEY STRATEGIC MOVES & DEVELOPMENTS

7.3.9        PRIMARY MARKET COMPETITORS

7.4. BLACKHAWK NETWORK HOLDINGS, INC.

7.4.1        COMPANY OVERVIEW

7.4.2        COMPANY SNAPSHOT

7.4.3        PRODUCT PORTFOLIO

7.4.4        KEY STRATEGIC MOVES & DEVELOPMENTS

7.4.5        PRIMARY MARKET COMPETITORS

7.5. BEST BUY CO. INC.

7.5.1        COMPANY OVERVIEW

7.5.2        COMPANY SNAPSHOT

7.5.3        OPERATING BUSINESS SEGMENTS

7.5.4        PRODUCT PORTFOLIO

7.5.5        BUSINESS PERFORMANCE

7.5.6        SALES BY BUSINESS SEGMENT

7.5.7        SALES BY GEOGRAPHIC SEGMENT

7.5.8        KEY STRATEGIC MOVES & DEVELOPMENTS

7.5.9        PRIMARY MARKET COMPETITORS

7.6. WALMART INC.

7.6.1        COMPANY OVERVIEW

7.6.2        COMPANY SNAPSHOT

7.6.3        OPERATING BUSINESS SEGMENTS

7.6.4        PRODUCT PORTFOLIO

7.6.5        BUSINESS PERFORMANCE

7.6.6        SALES BY BUSINESS SEGMENT

7.6.7        SALES BY GEOGRAPHIC SEGMENT

7.6.8        KEY STRATEGIC MOVES & DEVELOPMENTS

7.6.9        PRIMARY MARKET COMPETITORS

7.7. STARBUCKS CORPORATION

7.7.1        COMPANY OVERVIEW

7.7.2        COMPANY SNAPSHOT

7.7.3        OPERATING BUSINESS SEGMENTS

7.7.4        PRODUCT PORTFOLIO

7.7.5        BUSINESS PERFORMANCE

7.7.6        SALES BY BUSINESS SEGMENT

7.7.7        SALES BY GEOGRAPHIC SEGMENT

7.7.8        KEY STRATEGIC MOVES & DEVELOPMENTS

7.7.9        PRIMARY MARKET COMPETITORS

7.8. INCOMM PAYMENTS

7.8.1        COMPANY OVERVIEW

7.8.2        COMPANY SNAPSHOT

7.8.3        PRODUCT PORTFOLIO

7.8.4        KEY STRATEGIC MOVES & DEVELOPMENTS

7.8.5        PRIMARY MARKET COMPETITORS

7.9. QWIKCILVER SOLUTIONS.

7.9.1        COMPANY OVERVIEW

7.9.2        COMPANY SNAPSHOT

7.9.3        PRODUCT PORTFOLIO

7.9.4        KEY STRATEGIC MOVES & DEVELOPMENTS

7.9.5        PRIMARY MARKET COMPETITORS

7.10.   CHIPOTLE MEXICAN GRILL INC.

7.10.1     COMPANY OVERVIEW

7.10.2     COMPANY SNAPSHOT

7.10.3     OPERATING BUSINESS SEGMENTS

7.10.4     PRODUCT PORTFOLIO

7.10.5     BUSINESS PERFORMANCE

7.10.6     SALES BY BUSINESS SEGMENT

7.10.7     KEY STRATEGIC MOVES & DEVELOPMENTS

7.10.8     PRIMARY MARKET COMPETITORS

LIST OF TABLES

TABLE 1. GLOBAL GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

TABLE 2. OPEN LOOP GIFT CARD MARKET, BY REGION, 2021-2030, MILLION USD

TABLE 3. CLOSED LOOP GIFT CARD MARKET, BY REGION, 2021-2030, MILLION USD

TABLE 4. GLOBAL GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

TABLE 5. RETAIL ESTABLISHMENTS MARKET, BY REGION, 2021-2030, MILLION USD

TABLE 6. CORPORATE INSTITUTIONS MARKET, BY REGION, 2021-2030, MILLION USD

TABLE 7. GLOBAL GIFT CARDS MARKET, BY REGION, 2021-2030, MILLION USD

TABLE 8. NORTH AMERICA GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

TABLE 9. NORTH AMERICA GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

TABLE 10. NORTH AMERICA GIFT CARDS MARKET, BY COUNTRY, 2021-2030, MILLION USD

TABLE 11. U.S. GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

TABLE 12. U.S. GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

TABLE 13. CANADA GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

TABLE 14. CANADA GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

TABLE 15. MEXICO GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

TABLE 16. MEXICO GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

TABLE 17. EUROPE GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

TABLE 18. EUROPE GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

TABLE 19. EUROPE GIFT CARDS MARKET, BY COUNTRY, 2021-2030, MILLION USD

TABLE 20. UK GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

TABLE 21. UK GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

TABLE 22. GERMANY GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

TABLE 23. GERMANY GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

TABLE 24. FRANCE GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

TABLE 25. FRANCE GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

TABLE 26. REST OF EUROPE GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

TABLE 27. REST OF EUROPE GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

TABLE 28. ASIA-PACIFIC GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

TABLE 29. ASIA-PACIFIC GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

TABLE 30. ASIA-PACIFIC GIFT CARDS MARKET, BY COUNTRY, 2021-2030, MILLION USD

TABLE 31. CHINA GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

TABLE 32. CHINA GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

TABLE 33. INDIA GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

TABLE 34. INDIA GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

TABLE 35. JAPAN GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

TABLE 36. JAPAN GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

TABLE 37. REST OF ASIA-PACIFIC GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

TABLE 38. REST OF ASIA-PACIFIC GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

TABLE 39. REST OF WORLD GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

TABLE 40. REST OF WORLD GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

TABLE 41. REST OF WORLD GIFT CARDS MARKET, BY COUNTRY, 2021-2030, MILLION USD

TABLE 42. LATIN AMERICA GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

TABLE 43. LATIN AMERICA GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

TABLE 44. MIDDLE EAST GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

TABLE 45. MIDDLE EAST GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

TABLE 46. AFRICA GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

TABLE 47. AMAZON. COM INC: COMPANY SNAPSHOT

TABLE 48. AMAZON.COM INC: OPERATING SEGMENTS

TABLE 49. AMAZON.COM INC.: PRODUCT PORTFOLIO

TABLE 50. AMAZON.COM INC.: BUSINESS SEGMENT

TABLE 51. AMAZON.COM INC.: GEOGRAPHIC SEGMENT

TABLE 52. AMAZON.COM INC.: KEY STRATEGIC MOVES & DEVELOPMENTS

TABLE 53. APPLE INC.: COMPANY SNAPSHOT

TABLE 54. APPLE INC.: OPERATING SEGMENTS

TABLE 55. APPLE INC.: PRODUCT PORTFOLIO

TABLE 56. APPLE INC.: BUSINESS SEGMENT

TABLE 57. APPLE INC.: GEOGRAPHIC SEGMENT

TABLE 58. APPLE INC.: KEY STRATEGIC MOVES & DEVELOPMENTS

TABLE 59. AMERICAN EXPRESS COMPANY: COMPANY SNAPSHOT

TABLE 60. AMERICAN EXPRESS COMPANY: OPERATING SEGMENTS

TABLE 61. AMERICAN EXPRESS COMPANY: PRODUCT PORTFOLIO

TABLE 62. AMERICAN EXPRESS COMPANY: BUSINESS SEGMENT

TABLE 63. AMERICAN EXPRESS COMPANY: GEOGRAPHIC SEGMENT

TABLE 64. AMERICAN EXPRESS COMPANY: KEY STRATEGIC MOVES & DEVELOPMENTS

TABLE 65. BLACKHAWK NETWORK HOLDINGS, INC.: COMPANY SNAPSHOT

TABLE 66. BLACKHAWK NETWORK HOLDINGS, INC.: PRODUCT PORTFOLIO

TABLE 67. BLACKHAWK NETWORK HOLDINGS, INC.: KEY STRATEGIC MOVES & DEVELOPMENTS

TABLE 68. BEST BUY CO. INC.: COMPANY SNAPSHOT

TABLE 69. BEST BUY CO. INC.: OPERATING SEGMENTS

TABLE 70. BEST BUY CO. INC.: PRODUCT PORTFOLIO

TABLE 71. BEST BUY CO. INC.: BUSINESS SEGMENT

TABLE 72. BEST BUY CO. INC.: GEOGRAPHIC SEGMENT

TABLE 73. BEST BUY CO. INC.: KEY STRATEGIC MOVES & DEVELOPMENTS

TABLE 74. WALMART INC.: COMPANY SNAPSHOT

TABLE 75. WALMART INC.: OPERATING SEGMENTS

TABLE 76. WALMART INC.: PRODUCT PORTFOLIO

TABLE 77. WALMART INC.: BUSINESS SEGMENT

TABLE 78. WALMART INC.: GEOGRAPHIC SEGMENT

TABLE 79. WALMART INC.: KEY STRATEGIC MOVES & DEVELOPMENTS

TABLE 80. STARBUCKS CORPORATION: COMPANY SNAPSHOT

TABLE 81. STARBUCKS CORPORATION: OPERATING SEGMENTS

TABLE 82. STARBUCKS CORPORATION: PRODUCT PORTFOLIO

TABLE 83. STARBUCKS CORPORATION: BUSINESS SEGMENT

TABLE 84. STARBUCKS CORPORATION: GEOGRAPHIC SEGMENT

TABLE 85. STARBUCKS CORPORATION: KEY STRATEGIC MOVES & DEVELOPMENTS

TABLE 86. INCOMM PAYMENTS: COMPANY SNAPSHOT

TABLE 87. INCOMM PAYMENTS: PRDUCT PORTFOLIO

TABLE 88. INCOMM PAYMENTS: KEY STRATEGIC MOVES & DEVELOPMENTS

TABLE 89. QWIKCILVER SOLUTIONS: COMPANY SNAPSHOT

TABLE 90. QWIKCILVER SOLUTIONS: PRDUCT PORTFOLIO

TABLE 91. QWIKCILVER SOLUTIONS: KEY STRATEGIC MOVES & DEVELOPMENTS

TABLE 92. CHIPOTLE MEXICAN GRILL INC.: COMPANY SNAPSHOT

TABLE 93. CHIPOTLE MEXICAN GRILL INC.: OPERATING SEGMENTS

TABLE 94. CHIPOTLE MEXICAN GRILL INC.: PRODUCT PORTFOLIO

TABLE 95. CHIPOTLE MEXICAN GRILL INC.: BUSINESS SEGMENT

TABLE 96. CHIPOTLE MEXICAN GRILL INC.: KEY STRATEGIC MOVES & DEVELOPMENTS

LIST OF FIGURES

FIGURE 1. GLOBAL GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

FIGURE 2. OPEN LOOP GIFT CARD MARKET, BY REGION, 2021-2030, MILLION USD

FIGURE 3. CLOSED LOOP GIFT CARD MARKET, BY REGION, 2021-2030, MILLION USD

FIGURE 4. GLOBAL GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

FIGURE 5. RETAIL ESTABLISHMENTS MARKET, BY REGION, 2021-2030, MILLION USD

FIGURE 6. CORPORATE INSTITUTIONS MARKET, BY REGION, 2021-2030, MILLION USD

FIGURE 7. GLOBAL GIFT CARDS MARKET, BY REGION, 2021-2030, MILLION USD

FIGURE 8. NORTH AMERICA GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

FIGURE 9. NORTH AMERICA GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

FIGURE 10. NORTH AMERICA GIFT CARDS MARKET, BY COUNTRY, 2021-2030, MILLION USD

FIGURE 11. U.S. GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

FIGURE 12. U.S. GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

FIGURE 13. CANADA GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

FIGURE 14. CANADA GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

FIGURE 15. MEXICO GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

FIGURE 16. MEXICO GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

FIGURE 17. EUROPE GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

FIGURE 18. EUROPE GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

FIGURE 19. EUROPE GIFT CARDS MARKET, BY COUNTRY, 2021-2030, MILLION USD

FIGURE 20. UK GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

FIGURE 21. UK GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

FIGURE 22. GERMANY GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

FIGURE 23. GERMANY GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

FIGURE 24. FRANCE GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

FIGURE 25. FRANCE GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

FIGURE 26. REST OF EUROPE GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

FIGURE 27. REST OF EUROPE GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

FIGURE 28. ASIA-PACIFIC GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

FIGURE 29. ASIA-PACIFIC GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

FIGURE 30. ASIA-PACIFIC GIFT CARDS MARKET, BY COUNTRY, 2021-2030, MILLION USD

FIGURE 31. CHINA GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

FIGURE 32. CHINA GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

FIGURE 33. INDIA GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

FIGURE 34. INDIA GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

FIGURE 35. JAPAN GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

FIGURE 36. JAPAN GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

FIGURE 37. REST OF ASIA-PACIFIC GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

FIGURE 38. REST OF ASIA-PACIFIC GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

FIGURE 39. REST OF WORLD GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

FIGURE 40. REST OF WORLD GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

FIGURE 41. REST OF WORLD GIFT CARDS MARKET, BY COUNTRY, 2021-2030, MILLION USD

FIGURE 42. LATIN AMERICA GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

FIGURE 43. LATIN AMERICA GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

FIGURE 44. MIDDLE EAST GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

FIGURE 45. MIDDLE EAST GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

FIGURE 46. AFRICA GIFT CARDS MARKET, BY CARD TYPE, 2021-2030, MILLION USD

FIGURE 47. AFRICA GIFT CARDS MARKET, BY ENDUSER, 2021-2030, MILLION USD

FIGURE 48. AMAZON.COM INC: NET SALES, 2019–2021 ($MILLION)

FIGURE 49. AMAZON.COM INC.: PRIMARY MARKET COMPETITORS

FIGURE 50. APPLE INC.: NET SALES, 2019–2021 ($MILLION)

FIGURE 51. APPLE INC.: PRIMARY MARKET COMPETITORS

FIGURE 52. AMERICAN EXPRESS COMPANY: NET SALES, 2019–2021 ($MILLION)

FIGURE 53. AMERICAN EXPRESS COMPANY: PRIMARY MARKET COMPETITORS

FIGURE 54. BLACKHAWK NETWORK HOLDINGS, INC.: PRIMARY MARKET COMPETITORS

FIGURE 55. BEST BUY CO. INC.: NET SALES, 2019–2021 ($MILLION)

FIGURE 56. BEST BUY CO. INC.: PRIMARY MARKET COMPETITORS

FIGURE 57. WALMART INC.: NET SALES, 2019–2021 ($MILLION)

FIGURE 58. WALMART INC.: PRIMARY MARKET COMPETITORS

FIGURE 59. STARBUCKS CORPORATION: NET SALES, 2019–2021 ($MILLION)

FIGURE 60. STARBUCKS CORPORATION: PRIMARY MARKET COMPETITORS

FIGURE 61. INCOMM PAYMENTS: PRIMARY MARKET COMPETITORS

FIGURE 62. QWIKCILVER SOLUTIONS: PRIMARY MARKET COMPETITORS

FIGURE 63. CHIPOTLE MEXICAN GRILL INC.: NET SALES, 2019–2021 ($MILLION)

FIGURE 64. CHIPOTLE MEXICAN GRILL INC.: PRIMARY MARKET COMPETITORS

KEY PLAYERS:

  • Amazon.com, Inc
  • America Express
  • Blackhawk Network Holdings, Inc
  • First Data Corporation
  • Fiserv, Inc
  • Givex Corporation
  • Incomm Inc
  • Qwikcilver Solutions Pvt Ltd
  • Ngc Us, Llc
  • Paytronix Systems, Inc

Frequently Asked Questions
What will be the worth of global gift card market by the end of 2030?

According to the report published by Next Move Strategy Consulting, the gift card market business is expected to hit at $2097.13 billion (USD) by 2030.

Which region is expected to hold the highest market share in the gift card market?

North America is expected to hold the highest market share in the global market. The region is expected to witness remarkable growth as it houses the major key players in the market.

Which are the top companies in the gift card industry?

National Gift Card Corp., First Data Corporation, Fidelity National Information Services, Inc., Blackhawk Network Holdings, Inc., Qwikcilver Solutions Pvt. Ltd., Duracard, TransGate Solutions, DOCUMAX INC., TenderCard, and Plastek Card Solutions, Inc.

What are the market segmentations and scope of the study?

The global gift card market share has been analyzed based on product, end user, and geography.

How big is the gift card market?

Currently (in 2019), the market value stands at USD 615.34 billion and it is anticipated to reach USD 2097.13 billion by 2030.