Asia Pacific Gift Cards Market Size
According to Straits Research analysis, The Asia Pacific Gift Cards Market was valued at USD 420.65 Billion in 2024 and is projected to reach USD 1093.33 Billion by 2030, expanding at a CAGR of 17.1% during the forecast period. This surge in growth is chiefly propelled by the retail, corporate incentive, and agriculture sectors that increasingly engage in gift card programs to enhance customer loyalty and as an efficient agricultural aid distribution tool. Technological advancements, specifically in digital gifting and mobile payment systems are burgeoning trends in the market. With a strong export potential to western countries, the Asia Pacific market is expected to flourish. As the region continues to innovate in the field of digital gifting and mobile technology, Asia Pacific is dynamically positioning itself as a global leader in the gift cards market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Asia Pacific Gift Cards Market Highlights
- Open-loop Card represented the largest share of the Card Type market in terms of size in 2024.
- Among the Card Type segments, Closed-loop Card is forecasted to achieve the highest growth and remain the most lucrative through the forecast period.
- Asia Pacific represented 34.87% of the global gift cards market size in 2024.
- By 2030, United States is estimated to hold the largest position in the global market in terms of size.
- India is estimated to remain the fastest-growing market in Asia Pacific, advancing to USD 2354.6 Billion by 2030.
Asia Pacific Gift Cards Market Revenue Share 2024
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Report Summary
| Report Scope |
Details |
| Base Year for Study |
2024 |
| Study Period |
2021-2030 |
| Historical Period |
2021-2023 |
| Forecast Period |
2025-2030 |
| Market Size In 2024 |
USD 420.65 Billion |
| Market Size In 2030 |
USD 1093.33 Billion |
| Largest segment |
Open-loop Card |
| Fastest segment |
Closed-loop Card |
| Units |
Revenue in USD Billion |
| CAGR |
17.1% (2025-2030) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Asia Pacific Gift Cards Market Share By Card Type
Segmentation Covered
| Segments |
Sub Segments |
| Country |
- China
- India
- Japan
- Australia
- Korea
- Rest of Asia Pacific
|
| Card Type |
- Open-loop Card
- Closed-loop Card
|
| End-User |
- B2B
- B2C
|
Asia Pacific Gift Cards Market By Country 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
Asia Pacific Gift Cards Market By Card Type 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
Asia Pacific Gift Cards Market By End-User 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.