Gift Card Market Analysis by Size, Share, Growth Opportunities and Trends 2019 – 2025

Posted on 2020-01-17 by researchinsights in Consumer Services // 0 Comments

17^th Jan 2020 – Global Gift Card Market is anticipated to witness an exponential growth in the forecast period. A gift card, also termed as “Gift Certificate”, or “Gift voucher”, is a prepaid stored-value money card typically issued by a bank or retailer to be used as a substitute to cash for purchases within a specific store or related businesses.

The factors that propel the growth of the market include rising demand for gift cards among businesses and corporates, extensive acceptance of gift cards among consumers, soaring acceptance of gift cards as corporate incentives, widespread desirability of gift card programs among businesses, and improving brand consciousness and attracting new clients. Gift card market is anticipated to expand at a significant CAGR of 14.8% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

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Market could be explored by product type, application, industry vertical, and geography. Market could be explored by product type as E-Gifting, Universal Accepted Open Loop, Restaurant Closed Loop, Miscellaneous Closed Loop, and Retail Closed Loop. The “E-Gifting” segment led the gift card market in 2017 and will continue to lead in the forecast period. The key factors that may be attributed to the growth of the market includes increasing convenience experienced by the consumers and digital literacy across the globe.

The key applications that could be explored in the market include Coffee Shop, Department Store, Restaurant, Entertainment (Music, and Movie) and Other. The market could be explored based on industry vertical as Corporate and Retail Institutions. The “Corporate” segment led the market in 2016 and will continue to lead in the forecast period.

The following manufacturers are covered in this report:

epay Worldwide
Incomm
Blackhawk Network
Cashstar
iTunes Card Delivery
My Gift Card Supply
Game Card Delivery
Pro Game Cards
Cardscode.com
Best Buy
Gamestop
Walmart
Sam’s Club and many others

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The key points of this report are:

To study and analyze the global Gift Card market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.
To understand the structure of Gift Card market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Gift Card manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

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