Some of the leading players operating in the global gift cards market are Qwikcilver Solutions, InComm, National Gift Card Corp., Gyft, Edge Loyalty Systems Pty Ltd., and Blackhawk Network Holdings, Inc, which are offering open loop gift cards for a variety of needs for various end uses, observes Persistence Market Research (PMR). Several of these players are focused ... Read more
The global gift card market is expected to post a CAGR of more than 13% during the period 2019-2023, according to the latest market research report by Technavio. With the rising number of occasions and growing popularity of the gifting culture, the demand for gift cards has increased significantly over the recent years. The sales of gift cards surge during festivals and other days, such as Father’s Day and Mother’s Day. Moreover, several organizations recognize their employees’ performance ... Read more
17th Jan 2020 - Global Gift Card Market is anticipated to witness an exponential growth in the forecast period. A gift card, also termed as “Gift Certificate”, or “Gift voucher”, is a prepaid stored-value money card typically issued by a bank or retailer to be used as a substitute to cash ... Read more
The global Gift Card market is estimated to be valued at US$ 400 billion in 2018 and is expected to exhibit a CAGR of 10% over the forecast period 2019-2027, as highlighted in a new report published by Coherent Market Insights.
A) Market Overview:
Gift cards are prepaid cards that can be used as an alternative to cash for purchasing goods or services in a specific store or chain of stores. They offer convenience and flexibility to the consumers as well as ... Read more
Gift cards have become a popular choice for both gifting purposes as well as self-use at retail stores and restaurants. Gift cards provide flexibility to customers to choose products of their own choice from a wide array of offerings of the merchant. The global gift card market demand is rising owing to growing preference for digital and plastic gift cards over physical vouchers. The global gift card market is estimated to be valued at US$ 10.70 Bn in 2023 and is expected to ... Read more
The gift card market has witnessed significant growth in recent years. Gift cards provide an easy and convenient way to purchase gift items for various occasions such as birthdays, anniversaries, holidays etc. They are widely used for premium and luxury brands in industries such as electronics, apparel, cosmetics, restaurants and hospitality. Premium brands have started incorporating gift cards as part of their marketing strategy to attract new customers and enhance customer loyalty ... Read more
