Wiseguyreports.Com Adds "Gift Cards -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2024" To Its Research Database
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 global gift card market is going nowhere but up, a new survey finds. Persistence Market Research predicts that the international market for gift cards is likely to grow to $506 billion by 2025 with a CAGR of 6% from $318 billion in 2017.
There is an increasing demand for gift cards in the corporate sector across the globe. Companies are offering incentives to employees in the form of gift cards to recognize employees' contributions and achievements. Approximately 25% to 35% of a merchant's gift card Value is driven by B2B sales of gift cards. A growing adoption of gift cards in the corporate sector is one of the primary drivers pushing the global gift card market. Gift cards are gaining more popularity as compared to gift vouchers owing to several benefits offered by these cards. Gift cards can be used more than once owing to the partial redemption option, wherein the remaining balance can be carried over for future purchases.
The global Gift Cards market is valued at 337600 million US$ in 2018 and will reach 505900 million US$ by the end of 2025, growing at a CAGR of 6.0% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Gift Cards market based on company, product type, end user and key regions.
This report studies the global market size of Gift Cards in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Gift Cards in these regions.
This research report categorizes the global Gift Cards market by top players/brands, region, type and end user. This report also studies the global Gift Cards market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
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The following manufacturers are covered in this report, with sales, revenue, market share for each 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 JCB Gift Card AL-FUTTAIM ACE
Market size by Product Universal Accepted Open LoopE-GiftingRestaurant Closed LoopRetail Closed LoopMiscellaneous Closed LoopMarket size by End UserRestaurantDeportment StoreCoffee ShopEntertainment (Movie, Music)
Market size by Region North AmericaUnited StatesCanadaMexicoAsia-PacificChinaIndia
Table of Contents
1 Study Coverage1.1 Gift Cards Product1.2 Market Segments1.3 Key Manufacturers Covered1.4 Market by Type1.4.1 Global Gift Cards Market Size Growth Rate by Product1.4.2 Universal Accepted Open Loop1.4.3 E-Gifting1.4.4 Restaurant Closed Loop1.4.5 Retail Closed Loop1.4.6 Miscellaneous Closed Loop1.5 Market by End User1.5.1 Global Gift Cards Market Size Growth Rate by End User1.5.2 Restaurant1.5.3 Deportment Store1.5.4 Coffee Shop1.5.5 Entertainment (Movie, Music)1.6 Study Objectives1.7 Years Considered
2 Executive Summary2.1 Global Gift Cards Market Size2.1.1 Global Gift Cards Revenue 2014-20252.1.2 Global Gift Cards Sales 2014-20252.2 Gift Cards Growth Rate by Regions2.2.1 Global Gift Cards Sales by Regions2.2.2 Global Gift Cards Revenue by Regions
11 Company Profiles11.1 Amazon11.1.1 Amazon Company Details11.1.2 Company Business Overview11.1.3 Amazon Gift Cards Sales, Revenue and Gross Margin (2014-2019)11.1.4 Amazon Gift Cards Products Offered11.1.5 Amazon Recent Development11.2 ITunes11.2.1 ITunes Company Details11.2.2 Company Business Overview11.2.3 ITunes Gift Cards Sales, Revenue and Gross Margin (2014-2019)11.2.4 ITunes Gift Cards Products Offered11.2.5 ITunes Recent Development11.3 Walmart11.3.1 Walmart Company Details11.3.2 Company Business Overview11.3.3 Walmart Gift Cards Sales, Revenue and Gross Margin (2014-2019)11.3.4 Walmart Gift Cards Products Offered11.3.5 Walmart Recent Development11.4 Google Play11.4.1 Google Play Company Details11.4.2 Company Business Overview11.4.3 Google Play Gift Cards Sales, Revenue and Gross Margin (2014-2019)11.4.4 Google Play Gift Cards Products Offered11.4.5 Google Play Recent Development11.5 Starbucks11.5.1 Starbucks Company Details11.5.2 Company Business Overview11.5.3 Starbucks Gift Cards Sales, Revenue and Gross Margin (2014-2019)11.5.4 Starbucks Gift Cards Products Offered11.5.5 Starbucks Recent Development11.6 Home Depot11.6.1 Home Depot Company Details11.6.2 Company Business Overview11.6.3 Home Depot Gift Cards Sales, Revenue and Gross Margin (2014-2019)11.6.4 Home Depot Gift Cards Products Offered11.6.5 Home Depot Recent Development11.7 Walgreens11.7.1 Walgreens Company Details11.7.2 Company Business Overview11.7.3 Walgreens Gift Cards Sales, Revenue and Gross Margin (2014-2019)11.7.4 Walgreens Gift Cards Products Offered11.7.5 Walgreens Recent Development11.8 Sephora11.8.1 Sephora Company Details11.8.2 Company Business Overview11.8.3 Sephora Gift Cards Sales, Revenue and Gross Margin (2014-2019)11.8.4 Sephora Gift Cards Products Offered11.8.5 Sephora Recent Development11.9 Lowes11.9.1 Lowes Company Details11.9.2 Company Business Overview11.9.3 Lowes Gift Cards Sales, Revenue and Gross Margin (2014-2019)11.9.4 Lowes Gift Cards Products Offered11.9.5 Lowes Recent Development11.10 Carrefour11.10.1 Carrefour Company Details11.10.2 Company Business Overview11.10.3 Carrefour Gift Cards Sales, Revenue and Gross Margin (2014-2019)11.10.4 Carrefour Gift Cards Products Offered11.10.5 Carrefour Recent Development11.11 JD11.12 Best Buy11.13 Sainsbury's11.14 Macy's11.15 Virgin11.16 IKEA11.17 H&M11.18 Zara11.19 JCB Gift Card11.20 AL-FUTTAIM ACE
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