PUBLISHER: QYResearch | PRODUCT CODE: 1094939
PUBLISHER: QYResearch | PRODUCT CODE: 1094939
The global gift cards market size is estimated to be worth US$ 440,029 million in 2022 and is forecast to a readjusted size of US$ 643,180 million by 2028 with a CAGR of 6.53% during the forecast period 2022-2028. In 2021, E-Gifting accounted for a share of 26.94% in the global gift cards market. And this product segment is poised to reach US$ 217,419 million by 2028 from US$ 111,722 million in 2021. While retail segment is altered to a 7.77 % CAGR throughout this forecast period.
US Gift Cards market size was US$ 175,807 million in 2021, while the Europe and China Gift Cards were US$ 114,432 million and US$ 44263 million, severally. The proportion of the US was 42.39% in 2021, while Europe and China are 27.59% and 10.67% respectively, and it is predicted that China proportion will reach 12.31% in 2028, trailing a CAGR of 8.62% through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR 10.52%, 9.72%, and 9.07 % respectively for the next 6-year period. As for the Europe Gift Cards landscape, Germany is projected to reach US$ 38,149 million by 2028 trailing a CAGR of 6.80% over the forecast period.
The global key manufacturers of gift cards include Amazon, Apple, Walmart, Google, Starbucks, Home Depot, Walgreens, Sephora, and Lowes, etc. In 2021, the global top five players hold a share approximately 23.25% in terms of revenue.
Gift Cards market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Gift Cards market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type, and by Application for the period 2017-2028.