China Gift Cards Market Size
According to Straits Research analysis, the China Gift Cards Market was valued at USD 134.44 Billion in 2024 and is projected to reach USD 360.37 Billion by 2030, expanding at a CAGR of 17.7% during the forecast period. Driving this expected rise is the increasing demand for gift cards in industries like retail, corporate, and hospitality. Agricultural businesses also utilize gift cards for incentivizing purchases during seasonal sales. Moreover, the energy industry perceives them as an innovative way to promote their green/low-carbon initiatives. The surge of digital technologies further accelerates the market, introducing creative ways like e-gift cards, providing businesses with unique marketing opportunities. As China continues to harness these emerging trends for ecological sustainability and technological advancement, the country is solidifying its position as a global leader in the gift cards market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
China Gift Cards Market Highlights
- Within the Card Type category, Open-loop Card dominated in 2024 in terms of market size contribution.
- Over the forecast period, Closed-loop Card is forecasted to deliver the fastest growth, positioning it as the most lucrative Card Type segment.
- China contributed 11.14% to the global gift cards market size in 2024.
- By 2030, United States is forecasted to remain the largest global market for gift cards market.
- In Asia Pacific, China is projected to capture the leading share of market by 2030.
- Among Asia Pacific markets, India is expected to post the fastest growth, reaching USD 2354.6 Billion by 2030.
China 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 134.44 Billion |
| Market Size In 2030 |
USD 360.37 Billion |
| Largest segment |
Open-loop Card |
| Fastest segment |
Closed-loop Card |
| Units |
Revenue in USD Billion |
| CAGR |
17.7% (2025-2030) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
China Gift Cards Market Share By Card Type
Segmentation Covered
| Segments |
Sub Segments |
| Card Type |
- Open-loop Card
- Closed-loop Card
|
| End-User |
- B2B
- B2C
|
China Gift Cards Market By Card Type 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
China Gift Cards Market By End-User 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.