Pune, Dec. 17, 2021 (GLOBE NEWSWIRE) -- Gift Cards Market report 2021 is the broad study of experts in the industry for development modules, arrangements, movements and sizes. The report also estimates existing and earlier market standards to project potential market management through the forecast period between 2021-2027. This research study of Gift Cards involved the wide usage of equally primary and secondary data sources. This contains the study of several parameters affecting the industry, containing the government plan, market situation, competitive landscape, historic data, current trends in the market, technical invention, future technologies and the technical growth in related industry.
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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.
The main players of gift card industry are located in the United States, Europe, China and Japan. Amazon accounting for nearly 10% of the market share.
Gift cards are mostly used in restaurants and department stores, with a total market share of 60%.
Market Analysis and Insights: Global Gift Cards Market
In 2020, the global Gift Cards market size was USD 295210 million and it is expected to reach USD 440460 million by the end of 2027, with a CAGR of 5.9% during 2021-2027.
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The top leading firms in the market are mostly concentrating on new ideas associated to the invention and supply of Gift Cards. These policies will let the key players to extend their business limits and increase their position in the market. The following are some of the key players in the Gift Cards Market:
The Major Players in the Gift Cards Market Are:
- 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
Key Questions Answered in the Market Research Report:
- What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Global Gift Cards Market?
- What is the region wise industry size, growth drivers and challenges key market trends?
- What are the key innovations, opportunities, current and future trends and regulations in the Global Gift Cards Market?
- Who are the key competitors, what are their key strength and weakness and how they perform in Global Gift Cards Market based on competitive benchmarking matrix?
- What are the key results derived from the market surveys conducted during the course of Global Gift Cards Market study?
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Segment by Types:
- Universal Accepted Open Loop
- E-Gifting
- Restaurant Closed Loop
- Retail Closed Loop
- Miscellaneous Closed Loop
Segment by Applications:
- Restaurant
- Deportment Store
- Coffee Shop
- Entertainment (Movie, Music)
- Others
Regional Analysis:
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil etc.)
- Middle East and Africa (Egypt and GCC Countries)
Report Published on Gift Cards Market provides detailed description about the collaborations, deals, designations, patent information etc. The report also provides detailed description of the competitor profiles with key milestones.
Some Points from TOC:
1 Study Coverage
2 Executive Summary
3 Global Gift Cards by Manufacturers
4 Company Profiles
5 Breakdown Data by Type
6 Breakdown Data by Application
7 North America Market Size YoY Growth, Facts & Figures, Sales and Revenue by Country
8 Asia-Pacific Market Size YoY Growth, Facts & Figures, Sales and Revenue by Country
9 Europe Market Size YoY Growth, Facts & Figures, Sales and Revenue by Country
10 Latin America Market Size YoY Growth, Facts & Figures, Sales and Revenue by Country
11 Middle East and Africa Market Size YoY Growth, Facts & Figures, Sales and Revenue by Country
12 Supply Chain and Sales Channel Analysis
13 Market Dynamics
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