A gift card (also known as gift certificate in North America, or gift voucher or gift token in the UK) is a prepaid stored-value money card usually issued by a retailer or bank to be used as an alternative to cash for purchases within a particular store or related businesses. Gift cards are also given out by retailers and marketers as part of a promotion strategy, to entice the recipient to come in or return to the store, and at times such cards are called cash cards. Gift cards are generally redeemable only for purchases at the relevant retail premises and cannot be cashed out, and in some situations may be subject to an expiry date or fees.
Gift Cards report published by QYResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Gift Cards market is projected to reach US$ 643150 million in 2029, increasing from US$ 414740 million in 2022, with the CAGR of 6.5% during the period of 2023 to 2029. Demand from Restaurant and Retail are the major drivers for the industry.
Global Gift Cards Market: Driven factors and Restrictions factors
The research report encompasses a comprehensive analysis of the factors that affect the growth of the market. It includes an evaluation of trends, restraints, and drivers that influence the market positively or negatively. The report also outlines the potential impact of different segments and applications on the market in the future. The information presented is based on historical milestones and current trends, providing a detailed analysis of the production volume for each type from 2018 to 2029, as well as the production volume by region during the same period.
Global Leading Market Research Publisher QYResearch announces the release of the report “Global Gift Cards Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application”. Based on historical analysis (2018-2022) and forecast calculations (2023-2029), this report provides a detailed analysis of the production volume for each type from 2018 to 2029, as well as production by region during the same period. It aims to help readers gain a comprehensive understanding of the global Gift Cards market with multiple angles, which provides sufficient supports to readers’ strategy and decision making. As the market is constantly changing, the report explores competition, supply and demand trends, as well as the key factors that contribute to its changing demands across many markets.
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Overall, this report will provide you with the insights and information needed to make informed business decisions and stay ahead of the competition.
Global Gift Cards Market report also includes a pricing analysis for each type, manufacturer, region, and global price from 2018 to 2029. This information will help stakeholders make informed decisions and develop effective strategies for growth. The report's analysis of the restraints in the market is crucial for strategic planning as it helps stakeholders understand the challenges that could hinder growth. This information will enable stakeholders to devise effective strategies to overcome these challenges and capitalize on the opportunities presented by the growing market. Furthermore, the report incorporates the opinions of market experts to provide valuable insights into the market's dynamics. This information will help stakeholders gain a better understanding of the market and make informed decisions.
The Gift Cards market is segmented as below:
By Company
Amazon
ITunes
Walmart
Google Play
Starbucks
Home Depot
Walgreens
Sephora
Lowes
Carrefour
JD
Best Buy
Sainsbury's
Macy's
Virgin
IKEA
H&M
Zara
AL-FUTTAIM ACE
JCB Gift Card
Segment by Type
Universal Accepted Open Loop
E-Gifting
Restaurant Closed Loop
Retail Closed Loop
Miscellaneous Closed Loop
Segment by Application
Restaurant
Retail
Coffee Shop
Entertainment
Others
Each chapter of the report provides detailed information for readers to understand the Gift Cards market further:
Chapter 1: Gift Cards Market Product Definition, Product Types, Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 2: Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers’ commercial date of Gift Cards, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the Gift Cards industry.
Chapter 3: Gift Cards Market Historical (2018-2022) and forecast (2023-2029) volume and revenue analysis of Gift Cards in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Chapter 4: Gift Cards Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 5 to 9: Gift Cards Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis.
Chapter 10: Manufacturers’ Outline, covering company’s basic information like headquarter, contact information, major business, Gift Cards introduction, etc. Gift Cards Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part.
Chapter 11: Industry Chain, like raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter.
Chapter 12: Market Channel, Distributors and Customers are listed.
Chapter 13: QYResearch’s Conclusions of Gift Cards market based on comprehensive survey.
Chapter 14: Methodology and Data Sources.
Some of the Key Questions Answered in this Report:
- What is the Gift Cardsmarket size at the regional and country-level
- What are the key drivers, restraints, opportunities, and challenges of the Gift Cardsmarket, and how they are expected to impact the market
- What is the global (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa) sales value, production value, consumption value, import and export of Gift Cards
- Who are the global key manufacturers of the Gift CardsIndustry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)
- What are the Gift Cardsmarket opportunities and threats faced by the vendors in the global Gift Cards Industry
- Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application
- What focused approach and constraints are holding the Gift Cardsmarket
- What are the different sales, marketing, and distribution channels in the global industry
- What are the upstream raw materials and of Gift Cardsalong with the manufacturing process of Gift Cards
- What are the key market trends impacting the growth of the Gift Cardsmarket
- Economic impact on the Gift Cardsindustry and development trend of the Gift Cards industry
- What are the Gift Cardsmarket opportunities, market risk, and market overview of the Gift Cards market
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