Consumer Goods & Retailing
Gift Cards
Gift Cards
Gift Cards
Global Gift Cards Market to Reach $2.3 Trillion by 2030
The global market for Gift Cards estimated at US$899.3 Billion in the year 2022, is projected to reach a revised size of US$2.3 Trillion by 2030, growing at a CAGR of 12.3% over the period 2022-2030. Retail Closed Loop, one of the segments analyzed in the report, is projected to record 12.6% CAGR and reach US$585.7 Billion by the end of the analysis period. Growth in the Restaurant Closed Loop segment is estimated at 11% CAGR for the next 8-year period.
The U.S. Market is Estimated at $339.5 Billion, While China is Forecast to Grow at 16.2% CAGR
The Gift Cards market in the U.S. is estimated at US$339.5 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$282.7 Billion by the year 2030 trailing a CAGR of 16.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.1% and 12.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 11.2% CAGR.Select Competitors (Total 218 Featured) - Ace Hardware CorporationAmerican Express CompanyBanana RepublicBed Bath & Beyond, Inc.Bloomingdale`sAlyceAckroo Canada Inc.Card One International, Inc.,360insightsBankers TrustBangalore Online Mall IncAppstar FinancialCard Depot Inc.Altijddebestewijn.nlBentoBoxPlease note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.
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