Global Gift Cards Market to Reach USD 4,413.24 Billion by 2033, Growing at 15.5% CAGR Amid Rising Smartphone Adoption

The global gift cards market size was valued at USD 1206.48 billion in 2024 and is projected to grow from USD 1386.15 billion in 2025 to reach USD 4413.24 billion by 2033, growing at a CAGR of 15.5% during the forecast period (2025–2033). The growing adoption of smartphones and demand for innovative, tech-driven features are fueling the expansion of the gift cards market by enhancing convenience and customer experience.

Market Scope and Research Methodology

This report includes a multi-level regional assessment spanning global, regional, and country-specific markets. The analysis highlights market penetration, regional market leadership, and the strategic approaches adopted by prominent companies. A detailed SWOT analysis identifies the strengths, weaknesses, opportunities, and challenges within the market.

The primary goal of the Gift Cards Market Report is to provide clear insights into market behavior, emerging trends, and the factors influencing market performance. The study evaluates market structure, segmentation, and forecasted market size while examining growth drivers, industry barriers, and opportunities stemming from technological progress, regulatory frameworks, cost efficiencies, and evolving consumer needs.

Download Exclusive Research Report PDF Sample: (Including Full TOC, List of Tables & Figures, Chart): https://straitsresearch.com/report/gift-cards-market/request-sample

Regional Insights

The report presents an in-depth regional assessment of the Gift Cards Market across North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Each region is analyzed based on key parameters such as market size, growth rate, trade activities, and overall industry development. This segmentation supports a deeper understanding of the competitive dynamics and market potential within each geographical area.

Market Segmentation

1. By Type
   1. Closed Loop Gift Card
      1. Restaurant Closed Loop
      2. Retail Closed Loop
      3. Miscellaneous Closed Loop
   2. Open Loop Gift Card
      1. Universal Accepted Open Loop
   3. E-Gifting
2. By End-User
   1. Retail Establishments
   2. Corporate Institutions
3. By Merchant Type
   1. Restaurants
   2. Department Stores
   3. Grocery Stores
   4. Supermarkets/Hypermarkets
   5. Discount Stores
   6. Coffee Shops
   7. Entertainments
   8. Salons/Spa
   9. Book Store
   10. Home Décor Stores
   11. Gas Stations
   12. Visa/Master Card/American Express Gift Card
   13. Others
4. By Price Range
   1. High (Above 400 US$)
   2. Medium (200-400 US$)
   3. Low (0-200 US$)
5. By Sales Channel
   1. Online
   2. Offline

Key Market Players

1. Amazon.com
2. American Express Company
3. Blackhawk Network Holdings Inc
4. Fiserv Inc
5. Givex Corporation
6. InComm Payments
7. PayPal Inc
8. Paytronix Systems Inc
9. Qwikcilver Solutions Pvt Ltd.
10. Walmart Inc

Download Exclusive Research Report PDF Sample: (Including Full TOC, List of Tables & Figures, Chart): https://straitsresearch.com/report/gift-cards-market/request-sample

Key Questions Addressed

• What is Gift Cards Market?
• What was the market size of the Gift Cards Market in 2024?
• What CAGR is expected for the market during the forecast period?
• Which factors are expected to drive market growth?
• What are the major segments of the market?
• Which strategies are companies adopting to strengthen their market presence?
• What emerging applications and trends are shaping the industry?
• Who are the key players in the Gift Cards Market?
• What are the portfolios and competencies of leading market participants?

About Us

For over a decade, Straits Research has been a trusted partner to more than 2,475 small and large enterprises, empowering senior leaders and decision-makers with actionable intelligence to navigate complex markets. Our structured syndicate reports, published year-round, cover critical sectors such as chemicals, materials, food and beverage, healthcare, pharmaceuticals, automotive, technology, aerospace, and defense. Combined with our custom research tailored to client-specific needs, we deliver insights that drive business progress and informed decision-making.