The Global Gift Cards Market size was estimated at USD 778.36 billion in 2022 and expected to reach USD 827.11 billion in 2023, at a CAGR 6.39% to reach USD 1,278.52 billion by 2030.
The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Gift Cards Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic. Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.
The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Gift Cards Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic. Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.
Market Segmentation & Coverage:
This research report categorizes the Global Gift Cards Market in order to forecast the revenues and analyze trends in each of following sub-markets:- Based on Type, market is studied across E-Gifting, Miscellaneous Closed Loop, Music and Streaming Gift Cards, Restaurant Closed Loop, Retail Closed Loop, and Universal Accepted Open Loop. The E-Gifting commanded largest market share of 30.29% in 2022, followed by Retail Closed Loop.
- Based on Application, market is studied across Coffee Shop, Entertainment, Restaurants or Food Chains, Retail, and Travel. The Retail commanded largest market share of 29.45% in 2022, followed by Restaurants or Food Chains.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 39.17% in 2022, followed by Europe, Middle East & Africa.
Market Statistics:
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Global Gift Cards Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.Company Usability Profiles:
The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Gift Cards Market, including Al-Futtaim Group, Amazon.com, Inc., Apple Inc., Best Buy Co., Inc., Carrefour Group, Google LLC by Alphabet Inc., H&M Group, Home Depot Product Authority, LLC, Inter IKEA Systems B.V., J Sainsbury PLC, JCB Co., Ltd., JD Sports Fashion PLC, Lowe's Companies, Inc., Macys.com, LLC, Sephora USA, Inc., Starbucks Coffee Company, Virgin Group Ltd., Walgreen Company, Walmart Inc., and Zara SA.The report provides insights on the following pointers:
- Market Penetration: Provides comprehensive information on the market offered by the key players
- Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
- Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
- Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation
- Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
- Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
- What is the market size and forecast of the Global Gift Cards Market?
- What are the inhibiting factors and impact of COVID-19 shaping the Global Gift Cards Market during the forecast period?
- Which are the products/segments/applications/areas to invest in over the forecast period in the Global Gift Cards Market?
- What is the competitive strategic window for opportunities in the Global Gift Cards Market?
- What are the technology trends and regulatory frameworks in the Global Gift Cards Market?
- What is the market share of the leading vendors in the Global Gift Cards Market?
- What modes and strategic moves are considered suitable for entering the Global Gift Cards Market?
Frequently Asked Questions about the Global Gift Cards Market
What is the estimated value of the Global Gift Cards Market?
What is the growth rate of the Global Gift Cards Market?
What is the forecasted size of the Global Gift Cards Market?
Who are the key companies in the Global Gift Cards Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 223 |
| Published | May 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 778.36 Billion |
| Forecasted Market Value ( USD | $ 1278.52 Billion |
| Compound Annual Growth Rate | 6.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 20 |
Table of Contents
1. Preface
2. Research Methodology
4. Market Overview
5. Market Insights
6. Gift Cards Market, by Type
7. Gift Cards Market, by Application
8. Americas Gift Cards Market
9. Asia-Pacific Gift Cards Market
10. Europe, Middle East & Africa Gift Cards Market
11. Competitive Landscape
12. Company Usability Profiles
13. Appendix
List of Figures
List of Tables
Companies Mentioned
- Al-Futtaim Group
- Amazon.com, Inc.
- Apple Inc.
- Best Buy Co., Inc.
- Carrefour Group
- Google LLC by Alphabet Inc.
- H&M Group
- Home Depot Product Authority, LLC
- Inter IKEA Systems B.V.
- J Sainsbury PLC
- JCB Co., Ltd.
- JD Sports Fashion PLC
- Lowe's Companies, Inc.
- Macys.com, LLC
- Sephora USA, Inc.
- Starbucks Coffee Company
- Virgin Group Ltd.
- Walgreen Company
- Walmart Inc.
- Zara SA
Methodology
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