Home Financial Services & Insurance Brazil Gift Cards Market Size, Share & Trends Report By 2030

Brazil Gift Cards Market Size & Outlook, 2025-2030

Brazil Gift Cards Market Size

According to Straits Research analysis, the Brazil Gift Cards Market was valued at USD 5.53 Billion in 2024 and is projected to reach USD 14.06 Billion by 2030, expanding at a CAGR of 17.2% during the forecast period. The primary drivers for this growth stem from sectors such as hospitality, retail, and e-commerce, as they increasingly use gift cards for customer engagement and retention. Additionally, corporate sectors contribute to demand through employee rewards and incentive programs. Adoption of advanced technologies providing digital and mobile gift cards represent an emerging trend within the sector. The shift towards green production and sustainability has offered opportunities for the recyclability of physical gift cards. Brazil, with its growing digital savvy population and strong economic performance, is poised for an ascending trajectory in the global gift cards market.

Brazil Gift Cards Market Highlights

  • In 2024, Open-loop Card accounted for the highest share of the Card Type market size.
  • During the forecast period, Closed-loop Card is set to register the highest growth, making it the most lucrative Card Type segment.
  • Brazil accounted for 0.46% of the global gift cards market size in 2024.
  • By 2030, United States is expected to remain the top global market in terms of size.
  • Within Latin America, Rest of Latin America is forecasted to dominate the regional gift cards market size by 2030.
  • Mexico will be the fastest-growing market in Latin America, projected to achieve USD 627.02 Billion by 2030.

Brazil 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 5.53 Billion
Market Size In 2030 USD 14.06 Billion
Largest segment Open-loop Card
Fastest segment Closed-loop Card
Units Revenue in USD Billion
CAGR 17.2% (2025-2030)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Brazil Gift Cards Market Share By Card Type

Segmentation Covered

Segments Sub Segments
Card Type
  1. Open-loop Card
  2. Closed-loop Card
End-User
  1. B2B
  2. B2C
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